Artikel
Relationship between inflation and stock market returns: Evidence from Nigeria
The linkage between stock prices and inflation has been subjected to extensive research in the past decades and has arouse the interests of academics, researchers, practitioners and policy makers globally, particularly since the 1990s. The issue has been the apparent anomaly of the negative relationship between inflation and stock market returns as most studies in the industrialized economies have shown. This paper investigates this relationship using monthly and quarterly data of Nigeria for the period 1985 to 2008. The findings of this paper seem to suggest that stock market returns may provide an effective hedge against inflation in Nigeria.
- Language
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Englisch
- Bibliographic citation
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Journal: CBN Journal of Applied Statistics ; ISSN: 2476-8472 ; Volume: 01 ; Year: 2010 ; Issue: 1 ; Pages: 1-15 ; Abuja: The Central Bank of Nigeria
- Classification
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Wirtschaft
Price Level; Inflation; Deflation
Portfolio Choice; Investment Decisions
- Subject
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Inflation
stock market
Fisher effect
Fama's proxy hypothesis
Nigeria
- Event
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Geistige Schöpfung
- (who)
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Omotor, Douglason G.
- Event
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Veröffentlichung
- (who)
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The Central Bank of Nigeria
- (where)
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Abuja
- (when)
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2010
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Omotor, Douglason G.
- The Central Bank of Nigeria
Time of origin
- 2010
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