A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is
This paper investigates the impact of output growth, interest rate and inflation rate on stock market returns both in the short run and long run using time series data for Nigeria for the period from 1986 to 2012. Using ordinary least squares (OLS), cointegration test and granger causality, the study findings suggest that NSE-All share index, inflation rate, interest rate and real GDP move together in the long run. Also, we found that interest rate and output growth have significant role ondoi:10.5296/ber.v4i2.6436 fatcat:i4nj5selxvfanocrwo2sj7gqei