Financial Vulnerability and Risks to Growth in Emerging Markets

Acharya, Viral V.; Bhadury, Soumya; Surti, Jay

doi:10.2139/ssrn.3623033

Cited by 1 publication

(1 citation statement)

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“…They found that financially vulnerable population groups not only often struggle to make ends meet, but they also have difficulty controlling spending money. Acharya, Bhadury, and Surti (2020) also introduced a new financial vulnerability index for emerging market economies by exploiting key differences in their business cycles relative to those of advanced economies. Using the information on the domestic price of risk, cost of dollar hedging and market-based measures of bank vulnerability, their index significantly augmented early warning surveillance capacity, as evidenced by out-of-sample forecasting gains around a majority of turning points in GDP growth, relative to distributed lag models hitherto augmented with information from macrofinancial indexes that are custom-built to optimize such forecasts.…”

Section: Literature Reviewmentioning

confidence: 99%

Population Growth Induced and Households Financial Vulnerability in Nigeria

Mbah

Okoli

Uzonwanne

2021

EJEFR

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Nigeria has been recording a rapid increase in its population over the years. This reality has posed a serious concern for the welfare of households especially as the increase in population growth puts households at the risk of financial vulnerability. Based on this, this study is on the move to examined the impact population growth induced has on household in Nigeria. The study made use of secondary data obtained from World Bank and the Central Bank statistical bulletine spanning from 1981 to 2020 to analyze the impact of population growth induced and its financial vulnerability on household using a structural vector autoregressive model (SVAR). After the analysis, the study found out that in the long run, an increase in financial vulnerability, due to an increase in population growth decreases household welfare in Nigeria. Hence, this study recommends that the Nigerian legislature should formulate a law against rapid population growth induced to ensure that the increase in population does not outscore the means of subsistence. JEL: H10; H31 Article visualizations:<img src="/-counters-/edu_01/0789/a.php" alt="Hit counter" />

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Section: Literature Reviewmentioning

confidence: 99%