Fiscal deficit and monetary dynamics in India: unravelling the asymmetric nexus

Fiscal Policy and Inflation in Nigeria: A Policy Impact Evaluation

This study examines the impact of fiscal policy instruments on inflationary dynamics in Nigeria during the period 1992-2024. Employing an Autoregressive Distributed Lag (ARDL) framework within a Keynesian theoretical perspective, the research investigates the relationship between three key fiscal variables, tax revenue...

Fiscal policy and long-run inflation dynamics: evidence from a major emerging market economy*

FISCAL POLICY ASYMMETRIES AND ECONOMIC PERFORMANCE IN SELECTED ECOWAS ECONOMIES

This study investigates the asymmetric impacts of government revenue and expenditure on the Economic Performance Index (EPI) in six selected ECOWAS countries. Utilising annual panel data, the study employs a Panel Nonlinear Autoregressive Distributed Lag (P-NARDL) model estimated via the Pooled Mean Group (PMG) framewo...

Money Supply and Economic Growth

This study investigates the impact of key monetary policy variables on economic growth in Nigeria from 1982 to 2023, a period characterized by recurring inflationary pressures, exchange-rate instability, monetary regime shifts, and persistent macroeconomic imbalances. Against the backdrop of Nigeria’s long-standing...

THE MODERATING ROLE OF FISCAL POLICY ON THE RELATIONSHIP BETWEEN RESOURCE ENDOWMENT AND REAL EXCHANGE RATE VOLATILITY

Nigeria's real exchange rate has remained persistently volatile, posing significant challenges to macroeconomic stability, trade competitiveness, and fiscal management, and this instability, compounded by the country's heavy reliance on natural resource wealth, motivated the present investigation into whether fiscal po...

Fiscal Cyclicality in EU Countries: A Rolling-Window Approach

Fiscal cyclicality occupies a central position in macroeconomic stabilization, but existing empirical studies have focused predominantly on determining whether fiscal behaviour is procyclical or countercyclical, with relatively limited attention being paid to the dynamic evolution and intensity of fiscal response over...