Theories of exchange rate in developing economies suggest that between and stock price movement, a positive relationship exists. In Nigeria, depreciation local currency to many seems not have brought about the expected increase export or output industrial sector, let alone firms’ prices. This study was therefore set out investigate effect has on movement Nigeria direction causality two. Data ra...

The linkage between quality of institutions and economic performance nations has generated a lot interest among scholars, due to their influence on development many countries effective use resources including foreign aid from multilateral organizations. Two strands theories emerge the institutions-multilateral aids nexus: those for benefits growth development; harms caused by aid. research obje...

In this paper we assess the macroeconomic effects of two flagship unconventional monetary policies used by Bank England during later stages global economic crisis: additional quantitative easing (QE) and introduction funding for lending scheme (FLS). We argue that these can be seen as complements, QE effectively bypasses banks attempting to reduce risk-free yields directly in order have a wider...

Purpose The objectives of this study are twofold. First, it intends to investigate the symmetric link between initial public offering (IPO) variability and determinants stock market index, treasury bill rate, inflation, GDP growth rate foreign direct investment. Second, examine asymmetric IPO aforementioned determinants, namely Design/methodology/approach Data from 1992 2018 were gathered count...

Abstract. Droughts form a large part of climate- or weather-related disasters reported globally. In Africa, pastoralists living in the arid and semi-arid lands (ASALs) are worse affected. Prolonged dry spells that cause vegetation stress these regions have resulted loss income livelihoods. To curb this, global initiatives like Paris Agreement United Nations recognised need to establish early wa...

External debt service is major variable in economic growth and public debate. However, this often ignored literature. This study investigated the relationship between external Nigeria from 1981 to 2020. A quantitative research approach was adopted for study. The method estimation Auto-Regressive Distributed Lags (ARDL) model. ARDL bound test results showed there co-integration. speed of change ...

this study has investigated the long-run and short-run effects of relative productivity on real exchange rate using annual time series data of iran and its major trade partners over the period 1980-2005. to analyze such effect which refers to the balassa-samuelson effect, this research uses auto-regressive distributed lags (ardl) method, to deal with dynamics of the relationship between product...