Articles of K7

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MODELING THE IMPACT OF THE 2016 NIGERIAN ECONOMIC RECESSION ON THE BULGARIAN LEV/NIGERIAN NAIRA EXCHANGE RATE

By: James Chidiebere Okafor
Published: February 26, 2025
This research work examined the exchange rate of a comparative value of the Nigeria Naira with respect to Bulgaria lev and Turkish Lira to the two economic recessions of 2016 from 1 January to 31 December 2016 utilizing Box and Tiao's intervention analysis approach (1975). The Eview 10 package was...

EXPLORING INTEREST RATE VOLATILITY AND ITS INTERACTION WITH COMMODITY PRICES: A VECTOR AUTOREGRESSIVE (VAR) APPROACH

By: Chukwudi Emeka Nwankwo, Victoria Ngozi Ekwueme
Published: February 26, 2025
The dynamic behavior in the prices of commodity particularly their interdependence, interaction and evolution, clearly cause shocks among themselves. However, this study is a multivariate time series modelling which investigates the interactions and pattern of causality using the unrestricted vector autoregressive (VAR) approach. Monthly data on the variables spanning from...

MACROECONOMIC DETERMINANTS OF STANDARD OF LIVING IN NIGERIA: EVIDENCE FROM ARDL BOUNDS TESTING

By: Jennifer Ngozi Ibe, Samuel Chijioke Nwachukwu
Published: February 26, 2025
This study investigated the impact of macroeconomic indicators on the standard of living in Nigeria, using the Human Development Index (HDI) as the dependent variable, and Crude Oil Revue (COR), USD/NGN Exchange Rate (EXR), and Non-Oil Revenue (NOR) as independent variables. Time series data spanning from 1981 to 2022 as...