Journal of Economics Theory
ISSN: OnlineISSN: Print 1994-8212
Abstract
This study investigates the extent to which various economic distortions have impacted on the stock market performance in Nigeria. This study employs Vector Error Correction Model (VECM) that is based on estimation of both short run and long run dynamics in the endogenous model. From the analysis conducted, the results suggest that distortions in economic variables have significant effects on the stock market performance in Nigeria. Specifically, it suggests that shocks in money supply have stronger impact on the stock market performance in Nigeria.
How to cite this article:
Adegoke I. Adeleke. Macroeconomic Distortions and Stock Market Performance: Evidence from Nigeria.
DOI: https://doi.org/10.36478/jeth.2012.48.60
URL: https://www.makhillpublications.co/view-article/1994-8212/jeth.2012.48.60