Modeling of Nigeria Inflation Rate Using the Times Domain Approach:- Dike, Kelechi G

DIKE KELECHI GABRIEL | 46 pages (9703 words) | Theses

ABSTRACT

The shock an economy can witness due to the fluctuations ofprices of goods and services over time and the need to have knowledge of inflationary trends prompted this study. As noted, some causes of inflation are increase in wages and levying of high taxes. In this study, inflation rates series were examined and the times domain approach to time series was used. The buys ballot procedure indicated that the multiplicative model was appropriate and a linear trend equation was fitted to the series using the Chain Base Estimation (CBE) approach. The seasonal indices indicated that there is little or no presence ofseasonality under the period of study. A 12 months forecast was made indicating a high rate of inflation at the beginning of the year as compared to the immediate past months and subsequent decline as the year moves toward the end. Among all measures of control, it was recommended that productivity should be encouraged and increased.

Overall Rating

0.0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

DIKE, G (2024). Modeling of Nigeria Inflation Rate Using the Times Domain Approach:- Dike, Kelechi G. Repository.mouau.edu.ng: Retrieved May 20, 2024, from https://repository.mouau.edu.ng/work/view/modeling-of-nigeria-inflation-rate-using-the-times-domain-approach-dike-kelechi-g-7-2

MLA 8th

GABRIEL, DIKE. "Modeling of Nigeria Inflation Rate Using the Times Domain Approach:- Dike, Kelechi G" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 01 Mar. 2024, https://repository.mouau.edu.ng/work/view/modeling-of-nigeria-inflation-rate-using-the-times-domain-approach-dike-kelechi-g-7-2. Accessed 20 May. 2024.

MLA7

GABRIEL, DIKE. "Modeling of Nigeria Inflation Rate Using the Times Domain Approach:- Dike, Kelechi G". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 01 Mar. 2024. Web. 20 May. 2024. < https://repository.mouau.edu.ng/work/view/modeling-of-nigeria-inflation-rate-using-the-times-domain-approach-dike-kelechi-g-7-2 >.

Chicago

GABRIEL, DIKE. "Modeling of Nigeria Inflation Rate Using the Times Domain Approach:- Dike, Kelechi G" Repository.mouau.edu.ng (2024). Accessed 20 May. 2024. https://repository.mouau.edu.ng/work/view/modeling-of-nigeria-inflation-rate-using-the-times-domain-approach-dike-kelechi-g-7-2

Related Works
Please wait...