ABSTRACT
The issues surrounding the nexus between remittance inflows and poverty in Nigeria have made it a subject of empirical investigation. The bulk of extant studies has concentrated on the effect of remittance inflows on poverty, neglecting the possibility of a feedback effect. A few studies that examine the causality between them are conducted within the context of linearity and symmetry. Allowance is not made for separation between positive and negative change components in the data. This study is one of the first attempts to incorporate asymmetric structure and nonlinearity into the causal relationship between remittances and poverty within the framework of bootstrap simulations with leverage adjustments. The findings reveal some dimensions of asymmetric structures in the causal nexus between remittance inflows and poverty. Hidden pieces of information are revealed that the prevalent symmetric approaches in extant studies could not divulge. According to this study, a decrease in remittance inflows to Nigeria is very important in catalyzing and spurring a rise or fall in poverty, whereas an increase in poverty is also sensitive to causing a decrease in remittances to Nigeria.
