Addison, Douglas; Wodon, Quentin - Volkswirtschaftliche Fakultät, … - 2007
was due in large part to macroeconomic volatility that depressed private investment and growth. Using cross-sectional data … investment rates, both of which were negatively effected by volatility (in terms of trade, real exchange rate, and public … Nigeria’s higher macroeconomic volatility. Simulations suggest that if Nigeria had had lower levels of volatility and better …