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

Abstract

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.