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Time series analysis of Nigerian monthly Inflation Rates (INFL) Data is done. It is observed that it is seasonal. Based … forecasts are obtained on the basis of it. These forecasts are shown to agree closely with the observations. -- inflation rate … ; seasonal time series ; ARIMA model ; Nigeria …
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Inflation is one of the most challenging macroeconomic objectives capable of frustrating every pragmatic effort at … achieving other macroeconomics goals if not curtailed. To this end, the paper empirically examines the threshold inflation rate … a least square multivariate approach to estimate a threshold level of inflation. Further, error correction modeling (ECM …
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The study explores the efficacy in the effective operation of monetary policy in Nigeria with emphasis in inflation. A … for the study. Additionally, fiscal deficit and trade openness were included as a function of inflation in Nigeria. Again … credit, fiscal deficit and a one year lag of inflation are statistically significant in explaining inflation in Nigeria. On …
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