inflation, output, and long-term interest rates, central banks in small open economies face peculiar challenges in their …

year. The study therefore concluded that inflation in Nigeria, during the studied period, was driven by the pass-through of …This study sought to identify the traditional and institutional inflation variables responsible for inflation … Autoregressive Distributed Lag (ARDL) bounds test. The results showed that there existed a longrun co-movement among the variables …

The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that … supply and to inflation expectations significantly increase real oil prices; with the unadjusted M1 aggregate there is no … role played by inflation expectations and the money supply shocks during major oil shock episodes. These shocks partially …