Article Per Year (5 Year)
p-Index From 2021 - 2026
0.444
P-Index
This Author published in this journals
All Journal Journal of Economics and Business Aseanomics
Nwevo Chimezie Nwikpo
Economics Department, Social Science and Humanities, Ebonyi State University, Abakaliki - Nigeria
Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Monetary Policy Variables and Economic Growth in Nigeria Nwevo Chimezie Nwikpo
Journal of Economics and Business Aseanomics Vol 7, No 2 (2022): JULI - DESEMBER 2022
Publisher : Universitas YARSI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33476/jeba.v7i2.3411

Abstract

This study aimed to find out the impact of monetary policy variables on economic growth in Nigeria, the specific objectives were to: examine the extent to which a rise in liquidity ratio impacts economic growth in Nigeria, investigate the magnitude by which interest rate contributed to economic growth in Nigeria, and determine if an increase in the exchange rate has a significant impact on economic growth in Nigeria. The methods used in the study were unit root tests and ARDL tests. The empirical result showed liquidity ratio impacted positively on economic growth in the long run in Nigeria; interest rate impacted negatively on the economic growth in Nigeria; whereas exchange rate impacted negatively on economic growth in Nigeria. The study recommends that the Central Bank of Nigeria should ensure that deposit money banks maintained an adequate liquidity ratio that is needed for economic growth in the country. They should maintain a low and stable interest rate that will encourage investment in the country, and CBN should maintain a favorable exchange rate to attract foreign investors to invest in the country.
Unemployment and Inflation in Nigeria Nwevo Chimezie Nwikpo
Journal of Economics and Business Aseanomics Vol 8, No 1 (2023): JANUARI - JUNI 2023
Publisher : Universitas YARSI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33476/jeba.v8i1.3812

Abstract

Nigeria's economy is concerned by the rate of inflation and unemployment growth, which has become a recurrent decimal. Despite the government's best efforts, these macroeconomic problems have little to no impact on the economy. Consequently, this study looked at how unemployment in Nigeria affects inflation. The study's specific goals were to determine the impact of total government spending on inflation in Nigeria from 1981 to 2022 as well as the degree to which unemployment affects price increases in Nigeria. Unit root tests and ARDL tests served as the study's methodology. According to the empirical findings, unemployment had a negative long-term and short-term impact on inflation in Nigeria. Total government spending also had a positive long-term impact on inflation. The study suggests that in order to ensure an even and smooth operation of the economy, the government should make every effort to strike a balance between the unemployment rate and the inflation rate. In order to prevent a rise in inflation in the nation, the government should spend less and direct more of its resources toward the production sectors.
Co-Authors