Refine Search
Input a time range for publish date searching.
Article Types
Publication Year

Articles ( Showing 21-40 of 27 items)
Searched for: [ Keywords: "consumer perception" ] clear all
Journal Article
Investigating the Joint Impact of Exchange Rate and Foreign Direct Investment Inflows on Domestic Interest Rate in Nigeria
by Innocent Chile Nzeh , Uche Collins Nwogwugwu , Maria Chinecherem Uzonwanne , Christopher Urua Kalu  and  Emmanuel Chinonye Akalazu
Abstract
The sensitive nature of interest rate has spurred empirical interests on the factors that determine it. This paper examined the joint impact of exchange rate and foreign direct investment inflows on interest rate in Nigeria over the period from 1981-2022. The study made use of the auto regressive distributed lag (ARDL) bounds test and results of findings reveal that in both the [...] Read more

Journal Article
Nexus Between Asset Class Volatility and the Output Gap in Nigeria: A Bayesian Var Approach
by richard umeokwobi , Abayomi Awujola , Emeka Nkoro  and  Marvelous Aigbedion
Abstract
Excessive volatility in financial markets can disrupt economic activity, affect investor and consumer confidence, and potentially lead to financial crises in an economy. Due to this backdrop, this study examined the link between asset class volatility and the output gap in Nigeria. The asset classes were categorized into stock, crude, gold, and bitcoin. The study adopted the GA [...] Read more

Journal Article
Dynamics of deposit dollarization in Turkey
by A. Yasemin Yalta  and  A. Talha Yalta
Abstract
Deposit dollarization in Turkey has been on the rise, reaching record levels in 2022. This was caused by the worsening macroeconomic fundamentals along with the transition to the presidential system in 2018 and the associated deviation from the monetary policy stance afterward. The unique case of Turkey presents an excellent natural experiment to explore the dynamics of deposit [...] Read more

Journal Article
Macroeconomic Drivers of Electricity Prices in Nigeria
by Mansur Bala , Nasir Ahmad Moyi  and  Umar Muhammad Gummi
Abstract
Electricity price volatility in developing economies, particularly Nigeria, presents a significant challenge to sustainable development. In this paper, we examine the macroeconomic drivers of electricity prices (ELP) in Nigeria based on annual data spanning 1980-2022 and the autoregressive distributed lag (ARDL) procedure. Our model estimates the long-run and short-run impacts [...] Read more

Journal Article
The budget deficit in an endogenous growth model with bequest and money holdings
by Yasuhito Tanaka
Abstract
By an endogenous growth model with a two-period overlapping generations structure, I examine the existence of a budget deficit in an economy that endogenously grows by investments of firms. The consumers leave bequests to their descendants and hold money as a part of their savings. I use a Barro-type utility function, where people include the utility of their children in their [...] Read more

Journal Article
The effectiveness of the european central bank in pursuing its prime mandate
by Mark Scholliers  and  Herman Matthijs
Abstract
The objectives and tasks of the European Central Bank (ECB) are defined in Articles 2 and 3 of Protocol (No 4) on the Statute of the European System of Central Banks (ESCB) and of the European Central Bank (ECB). While in Article 3,1° of this Protocol other tasks are mentioned, the prime objective of the ESCB and therefore of the ECB, is price stability. This concept was or [...] Read more

Journal Article
Regional Disparities in Inflation Persistence: Unpacking the Dynamics of Price Growth in Portugal
by Eleonora Santos
Abstract
This paper investigates the degree of inflation persistence across regions in Portugal by analyzing the Consumer Price Index (CPI) growth rates for NUTS II regions. The study employs the Augmented Dickey-Fuller (ADF) test to determine whether the CPI data for Portugal is stationary or non-stationary. The results of the ADF test reveal that the IPC data for Portugal is non-stati [...] Read more