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The Impact Of Dutch Disease: The Case Of Nigeria, Halimat Atinuke Laguda
The Impact Of Dutch Disease: The Case Of Nigeria, Halimat Atinuke Laguda
Masters Theses
Nigeria, over the years, has been showing a rapid appreciation of the domestic currency, a rise in real wages and the service sector and a slow-down in the industrial production which are all signs of presence of Dutch disease which predicts that a country with large natural resource rents may experience a de-industrialization and a lower long term economic growth. This paper analyses the impact of Dutch disease in Nigeria Ordinary Least square method, Two-Stage Least Square and Autoregressive Distributed Lag with a system of equation from 1981 to 2017 and found that the real wage rate emphasizes on the …
A Comparative Analysis On Output Gap - Inflation Relation: The New Keynesian Approach, Oladimeji Tomiwa Shodipe
A Comparative Analysis On Output Gap - Inflation Relation: The New Keynesian Approach, Oladimeji Tomiwa Shodipe
Masters Theses
The thrust of this research paper is to examine the inflation information that is contained in the output gap using the New Keynesian Phillips Curve framework. As informed by the model, the study also sets to investigate inflation persistence and the influence of forward inertia on the current inflation. This paper follows the Gali and Monacelli (2005) of the small open-economy type of model. However, the current study differs by introducing external factors (trade and real exchange rate) not only on the hybrid model, also on the backward, forward and the hybrid restricted models for time-series data (1971-2017) of all …
Government Expenditure And Unemployment: Empirical Investigation Of Sub-Saharan African (Ssa) Countries, Grace Ayiwah Fosu
Government Expenditure And Unemployment: Empirical Investigation Of Sub-Saharan African (Ssa) Countries, Grace Ayiwah Fosu
Masters Theses
Over the years, there have been increasing trends in government expenditures in most countries in Sub-Sahara Africa, but some of the social-economic indicators such as health, unemployment, education, inflation, and the others paint a blurry image of the effect of the rising public spending. It is worrisome to see that pictures painted by the economic indicators show that budgets made by governments in Sub-Sahara Africa look good on paper than their actual effect in the economy (Andrews, 2010; Peterson, 2010). As a result of this, the question that keeps emerging is that “does government spending actually impact economic indicators in …