MODERN THEORIES OF UNEMPLOYMENT FLUCTUATIONS: EMPIRICS AND POLICY APPLICATIONS IN NIGERIA
Abstract
This paper focuses on examining the empirical evidence and policy applications of modern theories of unemployment fluctuations in Nigeria over the period from 1990 to 2021. Unemployment is a significant socioeconomic issue that affects individuals, communities, and the overall economy. By applying modern theories of unemployment fluctuations, this study aims to analyze the causes, patterns, and dynamics of unemployment in Nigeria, and provide policy recommendations to address this persistent problem. The research utilizes a range of econometric techniques and data from various sources to estimate the drivers of unemployment and evaluate the effectiveness of existing policies. The findings of this study are expected to contribute to a better understanding of unemployment dynamics in Nigeria and provide valuable insights for policymakers to design and implement targeted interventions to alleviate unemployment and promote sustainable economic growth.
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