International records / OpenAlex research

The Nexus Between Exchange Rate Volatility and Nigerian Stock Prices: An Egarch Approach

The study examines the connection between exchange rate volatility and stock market performance in Nigeria from 1981 to 2022, utilizing the EGARCH model. Stock Exchange Capitalization and All-Share Index serve as indicators for the stock market. Stationarity tests initially showed a random walk in the variables, but after taking first differences, the ADF and PP unit root test statistics became significant, indicating integrated variables of the same order (I(1)). Analysis revealed autonomous negative reactions of stock prices to current year's exchange rate flux, indicating that the Nigerian …

Files

PDF · 428.9 KB · text indexed, 47,193 characters
SHA-256 16d50a85cc231674b3433ad5c3d864c0d1ee9e584cd643bf9f2b1425b98eac1b
from https://abjournals.org/ajesd/wp-content/uploads/sites/4/journal/published_paper/volume-7/issue-1/AJESD_ATAK411M.pdf
Open Download

Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	African Journal of Economics and Sustainable Development
Date	2024-01-29
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.52589/ajesd-atak411m
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W4391313984`

Cite this record

The Nexus Between Exchange Rate Volatility and Nigerian Stock Prices: An Egarch Approach. OpenAlex research, 2024. Vero Archive, record openalex:W4391313984.