Economics

Volume 2, Issue 5, October 2013

  • Agriculture and Intersectoral Linkages and their Contribution to Nigerian Economic Growth

    ONAKOYA, Adegbemi Babatunde

    Issue: Volume 2, Issue 5, October 2013
    Pages: 38-54
    Received: 22 August 2013
    Published: 30 September 2013
    DOI: 10.11648/j.eco.20130205.11
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    Abstract: This study investigates the contributions of the agricultural sector to Nigeria's economy by estimating a macroeconometric model which is a system of simultaneous equations that seeks to explain the behaviour of key economic variables at the aggregate level, based on the received theories of economics. Within the context of the inter-linkages of th... Show More
  • Central Bank Behaviour before and after the Great Recession

    Mehdi Monadjemi, Kyung H. Yoon, John Lodewijks

    Issue: Volume 2, Issue 5, October 2013
    Pages: 55-61
    Received: 8 November 2013
    Published: 20 November 2013
    DOI: 10.11648/j.eco.20130205.12
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    Abstract: Before the Global Financial Crisis (GFC) central bank independence was a popular topic among those who favoured price stability. A conservative central banker, without being influenced by the economic policies of the government, can maintain as its primary priority the maintenance of price stability. The response of central bankers to the GFC see... Show More