MACROECONOMIC

AN ANALYSIS OF THE INTER RELATIONSHIP AND IMPACT OF STOCK MARKET, MICRO AND MACROECONOMIC FUNDAMENTALS ON STOCKPRICING IN NIGERIA

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CHAPTER ONE INTRODUCTION   1.1       Background to the Study The occurrence and existence of bubbles have gained reasonable academic attention (examples include, Froot and Obstfeld, 1992; Allen and Gorton, 1993; Biswanger, 1999; Chen, 1999; Abreu and Brunnermeier, 2003). The existence of stock market bubbles and crashes dates back to the 1600s. The Dutch tulip mania … Read more

THE DYNAMIC RESPONSE OF SAVINGS TO SELECTED MACROECONOMIC VARIABLES IN NIGERIA

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CHAPTER ONE INTRODUCTION 1.1       Background of the Study The study of dynamic relation between savings and macroeconomic shocks has received considerable attention in recent years especially in emerging economies like India. However, it is a well recognized fact that the dynamic response of savings to macroeconomic shocks can be very significant in developing countries … Read more

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