Evidences thrive on the effects of political regimes and presidential elections on stock market returns. This paper investigates the effects of presidential elections on stock returns around the election periods at the Nigerian Stock Exchange (NSE) market. A sample of five (5) months each for a...

The traditional trade literature has largely centered on the removal of artificial and non-artificial barriers to trade. The focus, has, however, in recent times, shifted to the role of logistics on trade flows, necessitating this study. Employing the Hausman-Taylor and system-GMM estimation...

There are varied findings on how the remittances, financial development and economic growth relationship works. Some studies find that in countries with low financial development, remittance inflows may have a higher impact on economic growth by serving as a substitute for inefficient or...

This study examined the determinants of capital flows in Nigeria, using quarterly data that covered the period, 2006 to 2018. The capital flows data include Foreign Direct Investment (FDI), Portfolio Investment (POI) and Other Investment (OTI) Flows. A structural VAR model was used to...

This study seeks to examine the stability of the Phillips Curve in Nigeria, as well as to ascertain the applicability of the popular Lucas Critique to the Phillips Curve in Nigeria. Using quarterly data from 1990Q1 to 2018Q3, the model is estimated with robust OLS that accounts for possible...

The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic growth in Ghana using annual time series data spanning from 1970 to 2014. The study employed the fiscal reaction function suggested by Bohn (1998) to test for the sustainability of...

This paper develops a two-agent New Keynesian model, which is suitable for identifying the drivers of business cycle fluctuations in small open, resource-rich, resource-dependent emerging economies. We confront the model with Nigerian data on eleven macro-economic variables using the Bayesian...

This paper examines the relationship between economic growth and reserve accumulation in Nigeria using quarterly data from 2011:Q3 to 2019:Q1 in a nonlinear autoregressive distributed lag (NARDL) framework which allows for the short- and long-run nonlinearities to be investigated through...

Evidences thrive on the effects of political regimes and presidential elections on stock market returns. This paper investigates the effects of presidential elections on stock returns around the election periods at the Nigerian Stock Exchange (NSE) market. A sample of five (5) months each for a...

The traditional trade literature has largely centered on the removal of artificial and non-artificial barriers to trade. The focus, has, however, in recent times, shifted to the role of logistics on trade flows, necessitating this study. Employing the Hausman-Taylor and system-GMM estimation...