TY  - JOUR
T1  - Exchange Rate Pass-Through to Domestic Prices in Nigeria: A Dynamic Investigation
AU - Egwaikhide, Festus O. AU - Oyinlola, Mutiu A. 
JO  - The Social Sciences
VL  - 6
IS  - 2
SP  - 87
EP  - 95
PY  - 2011
DA  - 2001/08/19
SN  - 1818-5800
DO  - sscience.2011.87.95
UR  - https://makhillpublications.co/view-article.php?doi=sscience.2011.87.95
KW  - money supply
KW  -Exchange rate pass-through
KW  -domestic prices
KW  -vector error correction model
KW  -policy
KW  -anticipated
AB  - Exchange rate pass-through to different measures of domestic price in Nigeria is examined using a vector error correction model that incorporates exchange rate, money supply, world export price, income and tariff rate on annual data from 1980-2008. This study observes that long run relationship exist between exchange rate and domestic price level; nevertheless, the short run impact is not elusively evident. Short run variations in exchange rate might be anticipated and hence, the impact would be dampened. Government policy should refrain from using devaluation to address domestic price in the short term; such policy might be considered in the long term.
ER  -