{"title":"全球危机和尼日利亚的通货膨胀动态","authors":"None Nimat Alley, None Ejatu Tukura, None Hamzat Abubakr, None Ibrahim Alley","doi":"10.26524/jms.13.31","DOIUrl":null,"url":null,"abstract":"This study provided evidence that global crises affected the inflation in Nigeria. Analysing data over the 1999Q1-2022Q4 period within the Test of Means and Variances model, this study finds that the magnitude and volatility of inflation in Nigeria changed with crises. While inflation declined after the global financial crisis (GFC), its volatility rose after the crisis. In contrast, inflation rose after the COVID-19 pandemic while the volatility increased. The decline in inflation after the GFC was associated with increase in real GDP, suggesting its inflation-reducing output effects post-GFC. The absence of any significant increase in real GDP after the COVID-19 shows that the pandemic was trailed by stagflation. These results also show that COVID-19 impacted on inflation dynamics in Nigeria differently from how GFC had.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"7 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Global crises and inflation dynamics in Nigeria\",\"authors\":\"None Nimat Alley, None Ejatu Tukura, None Hamzat Abubakr, None Ibrahim Alley\",\"doi\":\"10.26524/jms.13.31\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study provided evidence that global crises affected the inflation in Nigeria. Analysing data over the 1999Q1-2022Q4 period within the Test of Means and Variances model, this study finds that the magnitude and volatility of inflation in Nigeria changed with crises. While inflation declined after the global financial crisis (GFC), its volatility rose after the crisis. In contrast, inflation rose after the COVID-19 pandemic while the volatility increased. The decline in inflation after the GFC was associated with increase in real GDP, suggesting its inflation-reducing output effects post-GFC. The absence of any significant increase in real GDP after the COVID-19 shows that the pandemic was trailed by stagflation. These results also show that COVID-19 impacted on inflation dynamics in Nigeria differently from how GFC had.\",\"PeriodicalId\":37730,\"journal\":{\"name\":\"Journal of Management Information and Decision Science\",\"volume\":\"7 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-09-30\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Management Information and Decision Science\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.26524/jms.13.31\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Decision Sciences\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Management Information and Decision Science","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.26524/jms.13.31","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Decision Sciences","Score":null,"Total":0}
This study provided evidence that global crises affected the inflation in Nigeria. Analysing data over the 1999Q1-2022Q4 period within the Test of Means and Variances model, this study finds that the magnitude and volatility of inflation in Nigeria changed with crises. While inflation declined after the global financial crisis (GFC), its volatility rose after the crisis. In contrast, inflation rose after the COVID-19 pandemic while the volatility increased. The decline in inflation after the GFC was associated with increase in real GDP, suggesting its inflation-reducing output effects post-GFC. The absence of any significant increase in real GDP after the COVID-19 shows that the pandemic was trailed by stagflation. These results also show that COVID-19 impacted on inflation dynamics in Nigeria differently from how GFC had.
期刊介绍:
Journal of Management Information and Decision Sciences (JMIDS) is a reputed open access journal affiliated to Allied Business Academies. The journal focuses on disseminating the latest research in the field of management information system and its role in decision making, as well their relationships to cognate disciplines including Economics, Finance, Management, Management Science, Marketing, Statistics, Operations Research and Engineering. The journal adheres to stringent double blind peer review policy to maintain the publication quality.