Placeholder

AN EMPIRICAL ANALYSIS OF THE RELATIONSHIP BETWEEN EXCHANGE RATE AND STOCK PRICES IN NIGERIA

Topic Description

 ALL listed project topics on our website are complete material from chapter 1-5 which are well supervised and approved by lecturers who are intellectual in their various fields of discipline, documented to assist you with complete, quality and well organized researched materials. which should be use as reference or Guild line...  See frequently asked questions and answeres



TABLE OF CONTENTS
Title Page —————————————————————————————- i
Certification ————————————————————————————- ii
Approval page ———————————————————————————– iii
Dedication ————————————————————————————— iv
Acknowledgement —————————————————————————— v
Table of contents ——————————————————————————- vi
Abstract——————————————————————————————- viii
CHAPTER ONE:
1.0 Introduction —————————————————————————– 1
1.1 Background of the Study ————————————————————– 1
1.2 Statement of the Problem ————————————————————– 3
1.3 Objective of the Study —————————————————————— 7
1.4 Research Hypothesis ——————————————————————– 7
1.5 Significance of the Study ————————————————————– 7
1.6 Scope of the Study ———————————————————————- 8
CHAPTER TWO:
2.0 Literature Review ———————————————————————- 9
2.1 Overview of the Nigerian Stock Exchange —————————————– 9
2.1.1 Nigeria Stock Market Measures —————————————————— 10
2.2 Overview of Exchange Rate Regime ———————————————— 11
2.3 Evaluation of Foreign Exchange Rate in Nigeria ——————————— 12
2.4 Current Structure of Foreign Exchange Market ———————————— 13
2.5 Theoretical Framework —————————————————————– 14
2.6 Empirical Literatures ——————————————————————- 16
2.7 Limitation of Previous Nigeria Studies ——————————————— 23
CHAPTER THREE:
3.0 Methodology —————————————————————————- 24
3.1 Analytical Framework of the Model ————————————————- 24
3.2 The Model ——————————————————————————- 24
3.3 Definition of model Variable ———————————————————- 25
vii
3.4 Justification for the Model ———————————————————— 26
3.5 Estimation Procedure ——————————————————————- 27
3.6 Data and their Features —————————————————————– 29
3.7 Econometric Softwares —————————————————————– 30
CHAPTER FOUR:
4.0 Empirical Results and Discussion —————————————————- 31
4.1 Unit Roots Test Results —————————————————————- 31
4.2 Co-integration Test Result ———————————————————— 32
4.3 Vector Error Correction Model (VECM) Result ———————————– 33
4.4 Interpretation of Pair wise Granger Causality Test Result ———————– 37
4.5 Impulse Response Function ———————————————————– 38
4.6 Forecast Error Variance Decomposition ——————————————- 38
4.7 Description Statistics —————————————————————— 38
4.8 Test of Multicollinearity ————————————————————— 40
CHAPTER FIVE:
5.0 Summary of Finding and Recommendation —————————————- 42
5.1 Summary of Findings ——————————————————————- 42
5.2 Policy Recommendations ————————————————————- 43
References ————————————————————————————— 45
Appendix —————————————–

GET COMPLETE MATERIAL