empirical results indicate that a cointegrating or long term relationship exists between the unemployment rate, economic growth … and oil prices. In addition, the results demonstrate that in Nigeria, in the long term, unemployment has a negative and … of unemployment (0.18%) for this study is far less than the result reported by Okun and other studies that focused on …

We introduce dynamic incentive contracts into a model of inflation and unemployment dynamics. Our main result is that … wage cyclicality from incentives neither affects the slope of the Phillips curve for prices nor dampens unemployment … dynamics. The impulse response of unemployment in economies with flexible, procyclical incentive pay is first-order equivalent …

any economy, Nigeria still contends with problems of high inflation and unemployment. This study examines the Phillips … curve hypothesis (inflation and unemployment trade-off) and its stability in Nigeria from 1980 to 2016 using the … between inflation and unemployment. The results of the ARDL bounds testing, FMOLS, DOLS, static OLS and CCR estimations …