Iyoboyi, Martins; Muftau, Olarinde - In: Cogent Economics & Finance 2 (2014) 1, pp. 1-23
The paper investigates the impact of exchange rate depreciation on the balance of payments (BOP) in Nigeria over the period 1961 - 2012. The analysis is based on a multivariate vector error correction framework. A long-term equilibrium relationship was found between BOP, exchange rate and other...
