Financial Development on Employment Rate in Nigeria

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dc.contributor.authorVictor Ndubuaku
dc.contributor.authorInim Victor Edet
dc.contributor.authorUdo Emmanuel Samuel
dc.contributor.authorIdamoyibo Hwerien Rosemary
dc.contributor.authorAbner Ishaku Prince
dc.date.accessioned2026-04-28T11:49:13Z
dc.date.issued2021-02-02
dc.description.abstractThis study examines financial development on employment rate in Nigeria on the premise of goal 8 of the sustainable development goals (SDGs). Using the ARDL model and annualized time-series data from 1999-2019. Findings revealed a positive and statistically significant impact of financial development on employment rate. Supporting the Phillips curve of an inverse nexus between inflation rate and unemployment rate. The findings contravene Okun‟s law of a negative relationship between economic growth and unemployment rate. The study recommences a policy framework to influence the operational and business activities of financial institutions to stir employment generation and economic growth in Nigeria.
dc.identifier.citationNdubuaku, V., Inim Victor Edet, Samuel, U. E., Rosemary, I. H., & Prince, A. I. (2021). Financial Development on Employment Rate in Nigeria. Research in World Economy, 12(1)
dc.identifier.issn1923-3981
dc.identifier.urihttps://repository.nileuniversity.edu.ng/handle/123456789/699
dc.language.isoen
dc.publisherSciedu Press
dc.relation.ispartofseries12; 1
dc.subjectfinancial development indicators
dc.subjectunemployment rate
dc.subjectARDL
dc.titleFinancial Development on Employment Rate in Nigeria
dc.typeArticle

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