Comparative Analysis of Markov Switching and Dynamic Stochastic General Equilibrium (DSGE) Models in Evaluating Monetary Policy Shocks in Nigeria
This study provides a comparative analysis of the Markov Switching and Dynamic Stochastic General Equilibrium (DSGE) models in assessing the dynamic effects of monetary policy shocks on macroeconomic variables in Nigeria. Using quarterly data from 1990 to 2023 obtained from the Central Bank of Nigeria (CBN) and the Wor...