Pakistan Institute of Development Economics

PDR

THE PAKISTAN DEVELOPMENT REVIEW 

“Inflationary Expectations and Monetary Adjustment in Nigeria: 1960- 1978”: Some Comments

In the Winter 1979 issue of the Pakistan Development Review, Shahi and Sheikh presented some empirical results on inflationary expectations and monetary adjustment in Nigeria [9, pp.333 -339]. In this note we intend to offer some comments on the above article. In doing so, we concentrate on four main grounds. In the first place, we give a general information intended for a public that is not familiar with the Nigerian academic scene. Secondly, we look at their model specification after which we abundantly show that their article is a duplication of another one published five years earlier. Finally, we offer our doubts about their results within the framework of their article.

Pierre Mutambuka

Please download the PDF to view it:

Download PDF