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- W1604429281 abstract "This paper examined the choice of the exchange rate regime in Nigeria using a time series approach. Both multinomial logit and simultaneous limited-independent models were estimated using time series data from 1960 to 2000. The study found that when domestic inflation was relatively high with respect to world inflation, a fixed exchange rate regime was preferred. This serves as an anchor. Also, domestic monetary disturbances appreciated the real exchange rate and favoured a more flexible arrangement, while in the presence of real shocks the balance of payments acted as a shock absorber and a fixed regime was more likely." @default.
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- W1604429281 date "2005-01-01" @default.
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- W1604429281 title "What Determines The Choice Of The Exchange Rate Regimes In Nigeria" @default.
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