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Social and Behavioral Sciences Commons™
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Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
What Do Indexes Of Consumer Confidence Tell Us?, Marta Lachowska
What Do Indexes Of Consumer Confidence Tell Us?, Marta Lachowska
Employment Research Newsletter
No abstract provided.
Money And Inflation: Evaluating The Effectiveness Of Monetary Policy In Nigeria, Mbutor O. Mbutor, Okafor Ifeanyi Izuchukwu, Ameh Oguche Sunday
Money And Inflation: Evaluating The Effectiveness Of Monetary Policy In Nigeria, Mbutor O. Mbutor, Okafor Ifeanyi Izuchukwu, Ameh Oguche Sunday
Bullion
The paper establishes the relationship between monetary policy and inflation.
A Kalman Filter Approach To Fisher Effect: Evidence From Nigeria, Omorogbe J. Asemota, Dahiru A. Bala
A Kalman Filter Approach To Fisher Effect: Evidence From Nigeria, Omorogbe J. Asemota, Dahiru A. Bala
CBN Journal of Applied Statistics (JAS)
This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal interest rates data. For a more robust result we conducted integration and cointegration tests in order to examine time-series properties of the variables. Using Co-integration and Kalman filter methodologies, the study did not find evidence of a full Fisher effect from 1961:1-2009:4. This result indicates that nominal interest rates do not respond one-for-one to changes in inflation rates in the long run despite the presence of positive relationship among the variables. Our study recommends the adoption of potent policies aimed at checking inflation …