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- W2109136780 abstract "empirical evidence in support of the argument that keeping real exchange rate persistently devalued may lead to a permanent higher level of inflation have been provided (Kamin, 1985; Calvo et al. 1994). However, probably because of the relatively recent origin of serious exchange rate depreciation in sub-Saharan Africa countries especially Nigeria, when compared with other regions e.g. Latin America and Asia, not many studies have been reported on the subject. The existing studies on effect of persistent exchange-rate depreciation in Nigeria are based on either regression or simulation approach rather than VAR approach. This present study intends to fill these gaps by not only focusing the study on Nigeria but also adopting restricted vector Autoregressive model thereby providing basis for comparison with existing results obtained for other countries. (This abstract was borrowed from another version of this item.)" @default.
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- W2109136780 date "2003-05-01" @default.
- W2109136780 modified "2023-09-25" @default.
- W2109136780 title "Assessing the impact of Nigeria's naira depreciation on output and inflation" @default.
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- W2109136780 doi "https://doi.org/10.1080/0003684032000056823" @default.
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