Intro -- Contents -- I. INTRODUCTION -- II. MAGNITUDE, FINANCING, AND DISTRIBUTION OF CONSUMER SUBSIDIES -- III. COUNTRY CASE STUDIES -- IV. CONCLUDING REMARKS -- APPENDIX I. IDENTIFYING MAGNITUDE AND FINANCING OF FUEL SUBSIDIES -- APPENDIX II. EVALUATING SIZE AND DISTRIBUTION OF REAL INCOME...

Crude oil has become a prominent indicator for economic activities worldwide, due to its outstanding importance in the supply of the world's energy demands. Many economists believe that there is a strong relationship between the growth rate of a country and oil-prices. As such we attempt to...

This study provides analytical insight on modelling macroeconomic and oil price volatility in Nigeria. Mainly, the paper employed GARCH model and its variants (GARCH-M, EGARCH and TGARCH) with daily, monthly and quarterly data. The findings reveal that: all the macroeconomic variables considered...