This paper examines the long-run relationship between financial development and economic growth in Nigeria using annual time series for the period 1960-2005. Multivariate Vector Autoregressive (VAR) technique is applied to examine the long-run relationship between financial development, growth...

Motivated by the significant role oil plays in the production of Bitcoin, we test whether its price can influence the realized volatility of Bitcoin returns. Using data over the period of January 27, 2017 (coinciding with the emergence of Bitcoin bubbles) to June 3, 2022, we conduct both the...