International records / OpenAlex research
Risks, Bad News, and Good News of Exchange Rate Volatility and National Elections in Nigeria: (Empirical Evidence via Threshold GARCH and GARCH-in-mean Methodologies)
The nature and state of the Nigerian economy could only suggest lack of proficiency in policymaking; tool of the policy makers of Nigeria. It is however a fallacy because Nigeria do not lack right policies but the execution will of these policies. Using monthly series from 1999 to 2014 via the methodologies of Threshold GARCH and GARCH-in-mean , National Elections in Nigeria do not only influence significantly the Volatility or swings in the exchange rate of Naira but depreciates Naira further. The more this Risk is absorbed in the economy, the more the naira depreciates. Good news and bad new…
