An Assessment of the Severity of Unemployment in Nigeria: Evidence from Fractional Integration

An Assessment of the Severity of Unemployment in Nigeria: Evidence from Fractional Integration

Author: 
Tule, Moses Kpughur
Place: 
Oxon
Publisher: 
Taylor & Francis Group
Date published: 
2018
Record type: 
Responsibility: 
Oduh, Moses Onyema, jt. author
Chiemeke, Charles Chike, jt. author
Ndukwe, Obiageri Christiana, jt. author
Journal Title: 
Journal of African Business
Source: 
Journal of African Business Vol 19 No 1 February2018 pp. 39-61
Abstract: 

This paper estimates the degree of persistence and level of unemployment, fairly consistent with the theoretical definition of the natural rate of unemployment for Nigeria. It argues that hysteresis exists on real borderline with an upward sloping Phillips curve, an indication that the optimization problem of the Central Bank of Nigeria could be less costly than was originally envisaged.

Language: 
Country focus: 

CITATION: Tule, Moses Kpughur. An Assessment of the Severity of Unemployment in Nigeria: Evidence from Fractional Integration . Oxon : Taylor & Francis Group , 2018. Journal of African Business Vol 19 No 1 February2018 pp. 39-61 - Available at: http://library.au.int/assessment-severity-unemployment-nigeria-evidence-fractional-integration