This study examines the mediating role of institutional quality in the relationship between financial development and manufacturing output in Nigeria during the period from 1984 to 2016. To achieve this objective, autoregressive distributed lag method (ARDL) is used to determine the short-run...

This study adopted a novel quantile regression via moments to explore the effects of military spending on the distribution of economic growth of 14 MENA countries over the period from 1981 to 2019. The method, apart from enabling us to investigate the effects of military spending on the...

This study presents a small macroeconometric model to forecast and simulate policy options for the Nigerian economy. The model consists of ten behavioural equations and five identities made up of ten endogenous variables and thirteen exogenous variables. Autoregressive Distribution Lag (ARDL)...

Given the effects COVID-19 pandemic on the financial sectors across the world, this study examined the reaction of stock returns of 201 firms listed in the Nigerian Stock Exchange to the COVID-19 pandemic and lockdown policy. We deployed both Pooled OLS and Panel VAR as estimation methods....