Efficient Market Hypothesis and Stock Prices: A Time Variant Analysis from Nigeria
Abstract
This study examined the effect of Efficient Market Hypothesis on stock prices in the Nigeria stock
Keywords
Efficient Market HypothesisStock PricesChanges in money supplyChanges in
expected inflation rateChanges in monetary policy rate
References
Abakah, E. J. A., Alagidede, P., Mensah, L. & Ohene-Asare, K. (2018). Non-linear approach to Random Walk Test in selected African countries. International Journal of Managerial Finance,14(3), 362-376. Adam, K., Marcet, A. & Beutel, J. (2017). Stock price booms and expected capital gains. American Economic Review, 107(8), 2352- 2408. Adebanjo, J.F., Awonusi, F. & Eseyin, O. (2018). The weak form market efficiency and the Nigerian stock exchange. Afro Asian Journal of Social Science, 9(4), 1-17. Adigwe, P., Ugbomhe, U. & Alajekwu, U. (2017). Test of weak form stock market efficiency in selected African stock markets (2013-2015). Saudi Journal of Business and Management Sciences, 2(2), 60-69.
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