ABSTRACT
This thesis tests the proposition that politicians are a potential source of economic fluctuations in Nigeria. As a result, underlying assumptions of existing political cycle theories are relaxed to test politically-determined cycles in a context where elections do not hold and where politicians’ ideology are neither left nor right but are influenced by other institutional features peculiar to Nigeria’s political structure. The results obtained from the study provide empirical support for the existence of political business cycles in Nigeria. In a novel manner, the study extends the political cycle literature by investigating the cyclical features of political cycles, using a dynamic factor model that extracts a one-step ahead political shock component. Result shows that shocks from political activities are only a small proportion of aggregate economic fluctuations in Nigeria.
BACKGROUND OF THE STUDY
The problem of fraud, money laundering, and other unethical behaviors in commer...
Deterioration of reinforced concrete bridge decks has been a major problem in the country. Both Federal Ministry of W...
Abstract
Crisis is part of human society which exist through the interaction of man another with another that must be managed otherwise t...
ABSTRACT
The aim of this investigation was to identify the roles...
Abstract
Understanding the distinction between impressions and ideas that Hume draws in the opening paragraph of his &q...
Abstract: The research topic is the impact of cultural factors on adult learning participation. This study aimed to examine how cultural facto...
Statement of the Research Problem
Owolabi et al. (2014) observed that the major variables responsible for the inefficiency and ineffectiv...
BACKGROUND OF THE STUDY
Banking in Nigeria has seen remarkable changes in the last decade, and the busi...
ABSTRACT
Uterotonic property is the characteristic innate ability of a substance to spontaneously initiate and maintain uterine contracti...
ABSTRACT
Urinary tract infections is one of the common infectious diseases diagnosed both in community and hospital settings. Due to risi...