Determinants of Inflation, Exchange Rate, and Output in Nigeria:
This paper presents a macroeconomic model of the Nigerian economy. The long-run relationships pertaining to the markets for money, foreign exchange, and (non-oil) output are estimated. Subsequently, dynamic equations are estimated for the price level, the real exchange rate, and output. The results...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1998
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Schriftenreihe: | IMF Working Papers
Working Paper No. 98/160 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper presents a macroeconomic model of the Nigerian economy. The long-run relationships pertaining to the markets for money, foreign exchange, and (non-oil) output are estimated. Subsequently, dynamic equations are estimated for the price level, the real exchange rate, and output. The results are instrumental in explaining the dramatic developments on the foreign exchange market during 1983-86 and 1992-94, the secular depreciation of the real exchange rate since 1985, and the rise and fall of inflation during 1991-97. The methodology could usefully be applied to other economies whose exports are insensitive to exchange rate movements (e.g., other oil-based economies) |
Beschreibung: | 1 Online-Ressource (33 p) |
ISBN: | 1451981732 9781451981735 |
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spelling | Kuijs, Louis Verfasser aut Determinants of Inflation, Exchange Rate, and Output in Nigeria Kuijs, Louis Washington, D.C International Monetary Fund 1998 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/160 This paper presents a macroeconomic model of the Nigerian economy. The long-run relationships pertaining to the markets for money, foreign exchange, and (non-oil) output are estimated. Subsequently, dynamic equations are estimated for the price level, the real exchange rate, and output. The results are instrumental in explaining the dramatic developments on the foreign exchange market during 1983-86 and 1992-94, the secular depreciation of the real exchange rate since 1985, and the rise and fall of inflation during 1991-97. The methodology could usefully be applied to other economies whose exports are insensitive to exchange rate movements (e.g., other oil-based economies) Online-Ausg http://elibrary.imf.org/view/IMF001/01691-9781451981735/01691-9781451981735/01691-9781451981735.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Kuijs, Louis Determinants of Inflation, Exchange Rate, and Output in Nigeria |
title | Determinants of Inflation, Exchange Rate, and Output in Nigeria |
title_auth | Determinants of Inflation, Exchange Rate, and Output in Nigeria |
title_exact_search | Determinants of Inflation, Exchange Rate, and Output in Nigeria |
title_exact_search_txtP | Determinants of Inflation, Exchange Rate, and Output in Nigeria |
title_full | Determinants of Inflation, Exchange Rate, and Output in Nigeria Kuijs, Louis |
title_fullStr | Determinants of Inflation, Exchange Rate, and Output in Nigeria Kuijs, Louis |
title_full_unstemmed | Determinants of Inflation, Exchange Rate, and Output in Nigeria Kuijs, Louis |
title_short | Determinants of Inflation, Exchange Rate, and Output in Nigeria |
title_sort | determinants of inflation exchange rate and output in nigeria |
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