Canadian province Alberta. To first-order of approximation, this dividend should be a constant fraction of total above- and … below-ground wealth, complemented by additional precautionary savings at initial times to build up a small liquidity fund to … cope with oil price volatility. The ongoing dividend equals approximately 30 per cent of government revenue and requires …

Canadian province Alberta. To first-order of approximation, this dividend should be a constant fraction of total above- and … below-ground wealth, complemented by additional precautionary savings at initial times to build up a small liquidity fund to … cope with oil price volatility. The ongoing dividend equals approximately 30 per cent of government revenue and requires …

This study provides analytical insight on modelling macroeconomic and oil price volatility in Nigeria. Mainly, the … GARCH - M); and oil price is a major source of macroeconomic volatility in Nigeria. By implication, the Nigerian economy is … vulnerable to both internal shocks (interest rate volatility, real GDP volatility) and external shocks (exchange rate volatility …