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100 _aADEBOYEJO OLAMIDE JULIANA
_98729
245 _aINFLATION AND UNEMPLOYMENT IN NIGERIA (1979-2018)
250 _aDr. A.O. Young
260 _aIbafo
_bEconomics
_c2020
300 _aviii; 47
_btables
520 _aThis study examines the relationship between inflation and unemployment rate in Nigeria for the study period 1979 to 2018. Employing various techniques of econometric analysis, using macro-economic variables such as unemp, int, inf, lngdp and exc. Time series data were sourced from central bank statistical bulletin and world development index. The study employed ARDL. The results revealed that among the four independent variables which includes, unemp, int, lngdp were found to have significant impact on unemployment rate, while inflation is expected to have a positive and substantial effect on unemployment rate. The gross domestic product (GDP) which is a proxy of economic growth was also revealed by the estimation to have a positive and significant impact on unemployment rate, investment in Nigeria. Lastly, the study recommends that the diversification of the economy will enable the country to cushion the effect of risk which will increase the attractiveness of the economy to investors in the secondary and tertiary institution and openness to trade.
650 _aEconomics
_91
942 _cTHS
999 _c6192
_d6192