Download Tag: INFLATION

ABSTRACT The purpose of this study is to examine the effect of Inflation on Reported Profits: Implication for Decision Making .   Financial Accounting information is provided to external investors and to Management.  For Management, periodic report are prepared for decision making purposes while for external investors, a summarized report profits is what they get.  These reported profits are not screened for inflation.  Consequently, the accounting conventions and inflationary rate impact ...

Abstract   Nigeria has been experiencing high inflation, unemployment  and climate change over the years. The main objective of this paper is to analyses the impact of inflation, unemployment and climate change on Nigeria economy from 2015 to 2022. The variables used in this research include log of real GDP, log of inflation rate, log unemployment rate and log of climate change. This paper carried unit root test using the ...

CHAPTER ONE 1.0   INTRODUCTION Monetary policy entails the government policies aimed at changing the quantity of money or credit condition. In every economy, after fiscal policy, the next most powerful macro-economic stabilization is monetary policy.   In fact Monetary and fiscal policies are expected to work together as complements to achieve one goals of a sound macro economic management that include amongst other domestic price stability external sector viability as ...

ABSTRACT This study investigated the impact of inflation on investment and economic growth in Nigeria. Since Nigerian financial sector liberalization is anchored on interest rate and exchange rate deregulation and the inflation targeting monetary policy, therefore exchange rate was incorporated in the study. The OLX technique was used in this study to estimate the two models specified in the study. Other tests such as unit root test and cointegration test ...

ABSTRACT This study is on the effect of exchange rate and inflation on foreign direct investment and its relationship with economic growth. Its main objective is to find the effect of inflation and exchange rate and the bidirectional influences between FDI and economic growth in Nigeria. A twenty one year period was studied. A linear regression analysis was used on the twenty one year data to determine the relationship between ...

ABSTRACT This study analyses the linkage between inflation rate and manufacturing sector of the Nigerian economy over the period of (1981-2011). The study used data sourced from the Central Bank of Nigeria (CBN). The ordinary least square technique (OLS) was used to specify and examine the relationship between the variables Government expenditure, inflation rate and money supply which are the independent variables and the manufacturing index which is the dependent ...

CHAPTER ONE 1. O  INTRODUCTION 1.1     BACKGROUND The major goals of macro-economic policy are: to achieve full employment in other words maintain a low and stable level of unemployment. To maintain a relative stable level of price payment position at a fixed stable exchange rate of growth. Practically, inflation which is a persistence increase in general price level is one of the macro-economic problems facing Nigeria today. According to Ewa Udu and ...

Abstract This thesis investigates the effects of unemployment and inflation on economic growth in Nigeria between 1986-2012 through the application of Ordinary Least Square (OLS) technique in estimating the effects of unemployment and inflation on growth, Augmented Dickey-Fuller test and Phillip‟s-Perron test statistics were employed to test the presence of unit root in the series, after which Johansen cointegration test was employed to test the existence of long-run relationship between ...

ABSTRACT This study empirically examine the impact of inflation on private consumption expenditure and economic growth in Nigeria using an annual time series data spanning from 1981-2012. In this study, modern time series econometric methodology such as Unit Root Testing, Johansson Co-integration test, Vector error co-integration granger causality test(VEC) and Vector Error Correction Model (VECM) where employed to model both the long run and short run relationships between inflation, economic ...

ABSTRACT In these last years there has been an increasing literature developing DSGE Open Economy Models with market imperfections and nominal rigidities. It is the so called”New Open Economy Macroeconomics”. Up to now within this class of models (and differently from what it is happening in New Keynesian closed economy models) relatively little attention has been devoted to the labor markets. The first two chapters provide two cases where relaxing ...

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Inflation can be defined as persistent rise or increase in the general level of price. Inflation is an economic situation whereby so much money is chasing few goods. It is a problem which affects every country of the world especially developing countries like Nigeria which goes a long way to affecting the states. Inflation is the most serious problem prevailing I our economy ...

ABSTRACT The study examines the impact of inflation on economic growth of Nigeria. Other micro economic variable tested along with inflation in this study are Agriculture, manufacturing, and trade. In analyzing the data the simple percentage method was applied the empirical results demonstrated that there is a positive relationship between the dependent variable (agriculture and trade) and explanatory variable except in manufacturing. The relationship between inflation and economic growth is ...

CHAPTER ONE 1.1   BACKGROUND TO THE STUDY Inflation is an inevitable property of any economy in the world. It influences every country, negatively as well as positively, whether it is developed or developing country as well. Anyanwu (2011) stated that inflation is an important factor leading to social and economic instability and disorder. It is one of the most largely observed and tested economic variables both theoretically and empirically. Its ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Inflation can be defined as the persistence rise an prices of goods and service due to the volume of money in circulation.  This is an increase in the money and credit relative to available goods and service resulting in a general price level.  In order to observe that there is inflation there should be a rise in the volume of money credit.  ...

ABSTRACT This study analyses the linkage between inflation rate and manufacturing sector of the Nigerian economy over the period of (1981-2011). The study used data sourced from the Central Bank of Nigeria (CBN). The ordinary least square technique (OLS) was used to specify and examine the relationship between the variables Government expenditure, inflation rate and money supply which are the independent variables and the manufacturing index which is the dependent ...

Abstract This study investigated the relationship between unemployment and inflation in Nigeria. The model specified unemployment as a function of inflation. The statistical tests used were simple percentage and the chi-square statistics. Based on the above tests carried out, the study found out that: Inflation significantly impacted unemployment in Nigeria both in the long run and short run. This implies that increase in government expenditure reduces unemployment, it can also ...

ABSTRACT The study seeks to present an empirical analysis of the impact of inflation on economic growth in Nigeria, using annual time-series dataset for the period 1979-2008. It has been argued that inflation is an unavoidable phenomenon in the face of economic growth. That is why, over the years there had been a long standing conventional wisdom that inflation impedes economic growth. The stationarity and co-integration techniques were adopted to ...

ABSTRACT Generally, monetary policies seek to achieve relative macroeconomic stability. Based on countries’ experience especially that of Nigeria on the role of monetary policy in controlling economic stability, this study examines the efficacy of monetary policy in controlling inflation rate and output fluctuation and taking into cognizance the evaluation and framework of monetary policy in Nigeria.  Using annual data spanning over 1985-2008 and applying the Ordinary Least Square (OLS) technique on ...

ABSTRACT The essence of this study is to empirically explore the impact of inflation and economic growth in the context of the Nigerian economy. The study contends that while high rates of inflation is detrimental to economic growth, moderate and stable inflation rates supplements return to savers, enhances investment and therefore economic growth of a country. Using annual data set on real GDP and inflation rates for the period of ...

ABSTRACT This study examines the impact of exchange rate variations on inflation in Nigerian economy between 1979 and 2008. This study made use of Ordinary Least Square (OLS) regression in analyzing the impact of exchange rate variations on inflation in Nigeria. There are also other variables that determine the impact of exchange rate on inflation in Nigeria in the last 30 years by evaluating the relationship between government expenditure, money ...