The Impact of Monetary Policy on Stock Returns in Developing Markets
Chikaodi Emmanuel Ogu
Broschiertes Buch

The Impact of Monetary Policy on Stock Returns in Developing Markets

A comparative investigation of Nigerian and Ghanaian stock markets. (An Econometric Analysis (1990-2010))

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The global economic meltdown which affected the stock markets all over the world also had an adverse effect in less developing countries stock markets. As a result of the meltdown, investors lost confidence in the stock market. Monetary authorities in developing markets has tried in several ways to restore investor s confidence and hence one of the major tools that government uses to achieve macroeconomic objective is monetary policy. There became a need to investigate how monetary policy changes affect stock market returns in developing markets. This paper is based on comparative study of Nig...