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.
- Sprache
-
Englisch
- Erschienen in
-
Journal: CBN Journal of Applied Statistics ; ISSN: 2476-8472 ; Volume: 01 ; Year: 2010 ; Issue: 1 ; Pages: 1-15 ; Abuja: The Central Bank of Nigeria
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Portfolio Choice; Investment Decisions
- Thema
-
Inflation
stock market
Fisher effect
Fama's proxy hypothesis
Nigeria
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Omotor, Douglason G.
- Ereignis
-
Veröffentlichung
- (wer)
-
The Central Bank of Nigeria
- (wo)
-
Abuja
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Omotor, Douglason G.
- The Central Bank of Nigeria
Entstanden
- 2010
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