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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Bibliografski detalji
Glavni autor: Kuijs, Louis
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1998.
Serija:IMF Working Papers; Working Paper ; No. 1998/160
Online pristup:Full text available on IMF
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100 1 |a Kuijs, Louis. 
245 1 0 |a Determinants of Inflation, Exchange Rate, and Output in Nigeria /  |c Louis Kuijs. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1998. 
300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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). 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1998/160 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1998/160/001.1998.issue-160-en.xml  |z IMF e-Library