Economics
Permanent URI for this collectionhttps://dspace.summituniversity.edu.ng/handle/123456789/29
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Item COMPARATIVE ANALYSIS OF PREDICTIVE POWER OF TRADITIONAL ECONOMETRICS AND A.I BASED MODELS OF EXCHANGE RATE IN NIGERIA(2024) ALYELESO ABDULWARITH OLUSHOLAThis paper presents a comparative analysis of the predictive power of traditional econometric models and AL- based models in forecasting exchange in Nigerian. The exchange is one of the macroeconomics variable which are interest rate, inflation. The traditional models including Auto regression integrated moving average (ARIMA) Where the AL MODELS including artificial neutral network (ANN), GRU, LSTM model to model and predict the real exchange data. The purpose of the study is to show the effectiveness and compare the best predictive for forecasting the exchange in Nigerian. The paper evaluates the performance of each model in term accuracy, robustness and computational efficiency. The data under was collected from ranging from 1997 to 2023 and the data base was collected by Nigeria statistic s bulletin. This study split the data set into training and testing and applied all stated models. The study selects a model that meets the key performance indicators (KPI) criteria .this model was selected as the best candidate model to predict the behavior of the exchange rate data.Item IMPACT OF MONETARY POLICY ON INFLATION IN NIGERIA(2022) SALAKO, AISHAT KIKELOMOThis study examined the impact of monetary policy on inflation in Nigeria. The inflation rate was employed as the dependent variable against the explanatory monetary policy variables- Log of GDP, Interest Rate, Exchange Rate, Monetary Policy Rate, Broad Money Supply. The time series data used spanned the period from 1990 to 2020. The study adopted the Unit Root test, Co-integration Test, Granger Causality Test. The result of the study revealed that interest rate has a significant effect on inflation rate in Nigeria which implies that interest rates serves as one of the major tool of controlling inflation rate and an increase in interest rate escalate inflationary pressure. Finding also revealed that, Monetary Policy Rate, Broad Money Supply, Exchange Rate, Log of GDP have significant effect on inflation rate that is the economy grows and inflation increases. The study recommends that the Monetary authority should adopt adequate indirect instruments for the purpose of controlling the volume of money in circulation for effective and efficient control of inflation rate in Nigeria. The money market and its instruments should be adequately developed for the purpose of making it an effective control mechanism of inflation in Nigeria.Item IMPACT OF ARTIFICIAL INTELLIGENCE ON LABOUR PRODUCTIVITY(2023) IBRAHIM, AALIYAH ADEPEJU