International records / OpenAlex research
Effects of Monetary Policies on Stock Market Performance in Nigeria: Further Investigation
This study examines the effects of monetary policy instruments on stock market performance in Nigeria over the period 1990–2024. Using the All Share Index (ASI) as a measure of stock market performance, the study employs the Autoregressive Distributed Lag (ARDL) modeling framework to analyze both short-run dynamics and long-run relationships between monetary policy variables and stock market outcomes. The monetary policy variables considered include the monetary policy rate, broad money supply, inflation rate, exchange rate, treasury bill rate, and cash reserve ratio. Unit root test results in…
