The Asymmetric Effect of Oil Price on the Exchange Rate and Stock Price in Nigeria

<p>The study examines the asymmetric effect of oil price on the exchange rate and stock price using the Nonlinear Autoregressive Distributive Lag (NARDL) technique on the time-series data spanning from January 1996 to September 2020. The multivariate cointegration test showed evidence of a lon...

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Bibliographic Details
Main Authors: Kamaldeen Ajala, Musa Abdullahi Sakanko, Sesan Oluseyi Adeniji
Format: Article
Language:English
Published: EconJournals 2021-06-01
Series:International Journal of Energy Economics and Policy
Online Access:https://econjournals.com/index.php/ijeep/article/view/10977