📄 Probab. Stat. Econom. J. — Volume 3, Issue 6 (2021)
Probability Statistics and Econometric Journal |
Volume 3, Issue 6 | 2021 | 1 Articles
Open Access
Double-Blind Peer Reviewed
ISSN: 5342-3371 (Online)
📋 Articles — Volume 3, Issue 6
Research Article
Pages 1-10
Article 1 of 1
MARKOV SWITCHING MEAN VECTOR AUTOREGRESSIVE (MSM VAR) MODELLING OF INFLATION RATE AND CRUDE OIL PRICE INTERDEPENDENCE IN NIGERIA
This study used the Markov Switching Mean Vector Autoregressive (MSM VAR) Models to model the interdependence between Nigeria's inflation rate and crude oil prices. Monthly data from January 2006 to December 2019 were gathered from the Central Bank of Nigeria…