The stock market represents a major source of long-term funds. However, the Nigerian lacks depth due to weak regulatory system and legal framework. Extant studies have shown that both institutional quality openness are enablers market. An analysis effects on development from 1996 2021 is therefore crucial. Auto Regressive Distributive Lag (ARDL) method used analyze data World Bank databases Lan...

Purpose The main objective of this study is to examine how political institutions affect economic performance in Ethiopia over the 1980–2019 time periods. Design/methodology/approach Mainly, impact institution indicators including, level democracy, violence, democratic accountability and regime durability have been examined using auto regressive distributed lag (ARDL) bound test approach co-int...

Emerging stock markets are characterized by strong investor sentiment and rapid fluctuations in returns. However, the role of on asset pricing has not been explored these markets. This study sought to establish if effect profitability risk factor returns would vary with level at Kenyan equity market. A quantitative causal time-series design was adopted analyze cause-effect relationship among va...

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...

This paper aims at estimating the energy demand elasticity in relation to gross domestic product Indonesia based on data from 1995 2018. The sectors examined are industry, trading, transportation, and housing sectors. method of analysis is Autoregressive Distributed Lag (ARDL). An interesting estimation result here that industry sector negative both short long term. other three show positive el...