models confirm the absence of asymmetric cointegration, hence leading to the conclusion that in the case of Nigeria, there …This paper examines the dynamics in the relationship between oil price and exchange rate in Nigeria by utilizing …

This paper examines the global drivers of inflation in 55 countries over the 1970-2022 period. We estimate a Factor … domestic shocks. We report three main results. First, global shocks have explained about 26 percent of inflation variation in a … typical economy. Oil price shocks accounted for only about 4 percent of inflation variation, but they had a statistically …