Odion Jonah Benson

Stock Returns and State-Dependent Effects of Changes in Exchange Rate and Money Supply from Central Banks

Solomon Edem Effiong, Odion Jonah Benson & David Umoru · Asian Journal of Economics, Business and Accounting · 2023

This study investigates the state-dependent effects of exchange rate movements and money supply shocks on stock market returns using daily stock returns, exchange rate, and variations in money supply data obtained from the databank.worldbank.org website from 1990 to 2022. The sto...

Open access Research Article 10.9734/ajeba/2023/v23i181062

Reactions of Stock Prices to Changes in Exchange Rate and Monetary Policy Rate of Central Banking System: Symmetry or Asymmetry

Solomon Edem Effiong, Odion Jonah Benson & David Umoru · Asian Journal of Economics, Business and Accounting · 2023

This study examines the reactions of stock prices to variations in the monetary policy rate of the central banks and exchange rate shock, which is if the responses are similar or differ in a comparative analysis between developed and emerging stock markets. Data were obtained on...

Open access Research Article 10.9734/ajeba/2023/v23i181061