@incollection{, F6AF5C79773810E2D97E7ED877810773 , author={{SethGyedu} and {Joshua Nii NyangWelbeck} and {StephenAppiah}}, journal={{Global Journal of Management and Business Research}}, journal={{GJMBR}}2249-45880975-585310.34257/GJMBR, address={Cambridge, United States}, publisher={Global Journals Organisation}2322339 } @book{b0, , title={{Impact of Management and Policy on Small Scale Businesses. Unpublished master's dissertation}} , author={{ YAbaka }} , year={2009} Department of Engineering, Kwame Nkrumah University of Science and Technology } @incollection{b1, , title={{Empirical Relationship between Macroeconomic Volatility and Stock Returns: Evidence from Latin America Markets}} , author={{ BAAbugri }} , journal={{International Review of Financial Analysis}} 17 2 , year={2008} } @incollection{b2, , title={{Macroeconomic Factors and Stock Market Movement: Evidence from Ghana}} , author={{ AMAdam } and { GTweneboah }} , booktitle={{Munich Personal RePEc Archive}} , year={2008. 14079} } @incollection{b3, , title={{Stock Market Development and Economic Growth: The Case of Selected African Countries}} , author={{ CKAdjasi }} , journal={{African Development Review}} 8 1 , year={2007} } @incollection{b4, , title={{Government Expenditures and Economic Growth Dynamics in Ghana}} , author={{ FAdu } and { JOhene-Manu } and { IAckah }} , journal={{International Journal of Economics and Empirical Research}} 2 5 , year={2014} } @incollection{b5, , author={{ MAfar } and { AAfar } and { EDogan }} , booktitle={{The Effect of Monetary Policy on Interest rates in Turkey: A Microstructural Analysis}} , year={2017} 7 } @incollection{b6, , title={{Fiscal Policy, Housing and Stock Prices}} , author={{ AAfonso } and { RMSousa }} , journal={{International Journal of Applied Econometrics and Quantitative Studies}} 2 , year={2009} } @incollection{b7, , title={{Research design Research design}} , author={{ MIAkhtar }} , journal={{Research in Social Science: Interdisciplinary Perspectives}} 23 4 , year={2016. September} } @book{b8, , author={{ NKAkosah }} , title={{Is the Monetary Policy Rate Effective? Recent Evidence from Ghana}} Geneva, Switzerland , publisher={Graduate Institute of International and development Studies} , year={2015} , note={Working Paper} } @incollection{b9, , title={{Estimating the Demand of Energy in Jordan: A Stock-Watson Dynamic OLS (DOLS) Approach}} , author={{ AAl-Azzam } and { DHawdon }} , journal={{Surrey Energy Economic}} 97 , year={1993} } @incollection{b10, , title={{Toda-Yamamoto Causality Test between Money Market Interest Rate and Expected Inflation: The Fisher Hypothesis Revisited}} , author={{ SRAlimi } and { CCOfonyelu }} , journal={{European Scientific Journal}} 9 7 , year={2013} } @incollection{b11, , title={{Long-Run Relationship between Interest rate and Inflation: Evidence from Nigeria}} , author={{ CGAmaefula }} , journal={{Journal of Economics and Finance}} 7 3 , year={2016} } @incollection{b12, , title={{Dynamic Relationship Between Interest Rate and Stock Price: Empirical Evidence From Colombo Stock Excahange}} , author={{ AAmarasinghe }} , journal={{International Journal of Business and Social Science}} 6 4 , year={2015} } @incollection{b13, , title={{The causal relationship between inflation, interest rate and stock market volatility in Kenya}} , author={{ EOAmata } and { WMuturi } and { MMbewa }} , journal={{European Journal of Business, Economics and Accountancy}} 4 6 , year={2016} } @incollection{b14, , title={{Monetary Policy and Capital Market Performance: An Empirical Evidence from Nigeria Data}} , author={{ ACAnanwude } and { FNEchekoba } and { CSOkaro } and { OEAkuesodo }} , journal={{A Cointegration Analysis. International business Research}} 1 3 , year={2017} , address={Exchange} , note={Research Journal of Economics} } @incollection{b15, , title={{Tax Administration in Ghana: Perceived Institutional challenges}} , author={{ DArma-Attoh } and { MAwal }} , journal={{Afrobarometer Briefing Paper}} 124 1 , year={2013} } @incollection{b16, , title={{Estimating the Forgone ESVs for Small-Scale Mining Using Historical Image Data}} , author={{ LAAsamoah }} , journal={{Academic Open Access Publishing}} 9 11 , year={2017} } @incollection{b17, , title={{Macroeconomics Determinants of Interest Rate Spreads in Ghana}} , author={{ SK OAsante } and { AAmporfu } and { DSakyi }} , journal={{African Journal of Economic and Management Studies}} 8 10 , year={2017} } @book{b18, , title={{Examining the relationship between macroeconomic variables and stock prices}} , author={{ SGBaffour }} , year={2015} Kwame Nkrumah University of Science and Technology , note={Evidence from the Ghana stock exchange (Doctoral dissertation} } @incollection{b19, , title={{The Global Financial Crisis and the Efficient Market Hypothesis: What have we Learned}} , author={{ RBall }} , journal={{Journal of Applied Corporate Finance}} 21 4 , year={2009} } @book{b20, , title={{}} , author={{ GhanaBank }} , year={2019} , address={Accra, Ghana} , note={Monetary Policy Report} } @incollection{b21, , title={{Are Government Bonds Net Wealth?}} , author={{ RJBarro }} , journal={{The Journal of Political Economy}} 82 6 , year={1974} } @book{b22, , author={{ NBaumeister } and { CBushman }} , title={{Macroeconomic Variables and its Implications}} Cambridge, USA , year={2011} } @incollection{b23, , title={{What Explains the Stock Market's Reaction to Federal Reserve Policy}} , author={{ BSBernanke } and { KNKuttner }} , journal={{Journal of Finance}} 60 3 , year={2005} } @book{b24, , author={{ ZBodie } and { AKane } and { AMarcus }} , title={{Investments}} , publisher={Asia} , year={1989} , note={nd ed.} } @book{b25, , title={{Investments}} , author={{ ZBodie } and { AKane } and { AMarcus }} , year={2013} , publisher={McGraw-Hill Education: 2 Penn Plaza} , address={New York, USA} , note={th ed.} } @incollection{b26, , title={{Theoretical and Empirical Review of Asset Pricing Models: A Structural Synthesis}} , author={{ SCelik }} , journal={{International Journal of Economics and Financial Issues}} 2 2 , year={2012} } @incollection{b27, , title={{Stock Market Response to Monetary and Fiscal Policy Shocks : Multi-Country Evidence}} , author={{ IChatziantoniou } and { DDuffy } and { GFilis }} , journal={{Economic Modelling}} 30 , year={2013} } @incollection{b28, , title={{Economic Forces and the Stock Market}} , author={{ NFChen } and { RRoll } and { SARoss }} , journal={{Journal of Business}} 59 3 , year={1986} } @incollection{b29, , title={{Some Empirical Tests of the Theory of Arbitrary Pricing}} , author={{ NChen }} , journal={{Journal of Finance}} 38 , year={1983} } @incollection{b30, , title={{Beta Nonstationarity, Portfolio Residual Risk and Diversification}} , author={{ SNChen }} , journal={{Journal of Financial and Quantitative Analysis}} 16 1 , year={1992} } @incollection{b31, , title={{Some Empirical Tests in the Arbitrage Pricing Theory: Macro-variables verse Derived Factors}} , author={{ NJCheng } and { BDJordan }} , journal={{Journal of Banking and Finance}} 17 1 , year={1993} } @incollection{b32, , title={{Monetary Policy, Inflation and the Causal Relation between the Inflation Rate and Some of the Macroeconomic Variables}} , author={{ ZCioran }} , journal={{Procedia Economics and Finance}} 16 5 , year={2014} } @book{b33, , author={{ JWCreswell }} , title={{Educational Research: Planning, Conducting and Evaluating Quantitative and Qualitative Research}} Boston, USA , publisher={Pearson Allyn & Bacon} , year={2009} } @incollection{b34, , title={{The Effect of Compensation on Satisfaction and Employee Performance}} , author={{ JWCreswell } and { JDCreswell }} , journal={{Journal of Management and Economics}} 1 1 , year={2014} } @book{b35, , title={{Introduction: The Discipline and Practice of Quantitative Research}} , author={{ NKDenzin } and { YSLincoln }} , year={2005} , publisher={Sage Publications Ltd} } @incollection{b36, , title={{The Composition of Public Expenditure and Economic Growth}} , author={{ SDevarajan } and { VSwaroop } and { HZou }} , journal={{Journal of Monetary Economics}} 37 , year={1996} } @incollection{b37, , title={{The Impact of Monetary Policy on the Development of the Stock Market in Nigeria}} , author={{ NEbele } and { EOtu }} , booktitle={{IEEE International Conference on Acoustics, Speech, and Signal Processing}} , year={2017} 41 } @incollection{b38, , title={{Exchange Rate, Inflation and Interest Rates Relationships: Autoregressive Distributive Lag Analysis}} , author={{ OTEbiringa } and { NBAnyaogu }} , journal={{Journal of Economics and Development Studies}} 2 2 , year={2014} } @incollection{b39, , title={{The Development of Stock Markets: In Search of a Theory}} , author={{ KAEl-Wassal }} , journal={{International Journal of Economics and Financial Issues}} 3 3 , year={2013} } @book{b40, , title={{The Theory of Interest}} , author={{ IFisher }} , year={1930} , publisher={Macmillan} , address={New York, USA} } @incollection{b41, , title={{On the Stock Market Reactions to Fiscal Policies}} , author={{ PForesti } and { ONapolitano }} , journal={{International Journal of Finance and Economics}} 22 4 , year={2017} } @book{b42, , title={{A Monetary History of the United States}} , author={{ MFriedman }} , year={2010} , address={New York: NY, USA} } @incollection{b43, , title={{Speed of Adjustment of Stock Prices to Macroeconomic Information: Evidence from Ghanaian Stock Exchange (GSE)}} , author={{ SFrimpong }} , journal={{International Business and Management}} 2 1 , year={2011} } @book{b44, , title={{Economic Backwardness in Historical Perspective}} , author={{ AGehr }} , year={1978} , address={Cambridge, MA, Harvard} } @book{b45, , author={{ SGiannoulakis }} , title={{Fiscal and Monetary Policy in a New Keynesian Model with Tobin's Q. Investment Theory Features}} , year={2017} 3 } @incollection{b46, , title={{Share Prices and Macroeconomic Factors}} , author={{ NGroenewold } and { PFraser }} , journal={{Journal of Business, Finance and Accounting}} 24 9 , year={1997} } @incollection{b47, , title={{Essential of Econometrics}} , author={{ DNGujarati }} , booktitle={{Avenue of the Americas}} New York , publisher={McGraw Hill} , year={1998} , note={st ed.} } @incollection{b48, , title={{The Impact of the ECB's Conventional and Unconventional Monetary Policies on Stock Markets}} , author={{ RHaitsma } and { DUnalmis } and { JDe-Haan }} , journal={{Journal of Macroeconomics}} 48 3 , year={2016} } @incollection{b49, , title={{Fisher Effect in Pakistan}} , author={{ HHasan }} , journal={{The Pakistan Development Review}} 38 2 , year={1999} } @incollection{b50, , title={{The Effect of Fiscal Policy and Monetary Policy on Ghana's Economic Growth: Which Policy Is More Potent?}} , author={{ ED KHavi } and { PEnu }} , journal={{Research Academy of Social Sciences (RASS)}} 3 2 , year={2014} } @book{b51, , title={{The Global Economics and Financial Crisis: Regional Impacts, Responses and Solution}} , author={{ NHeyzer } and { SMochida }} , year={2009} , publisher={United Nations Publications} , address={New York, NY} } @incollection{b52, , title={{The dynamics of Dealer Markets under Competition}} , author={{ TS YHo }} , journal={{Journal of Finance}} 38 4 , year={1983} } @incollection{b53, , title={{A Simple Approach to Arbitrage Pricing Theory}} , author={{ GHuberman }} , journal={{Journal of Economic Theory}} 28 , year={1981} } @incollection{b54, , title={{Can Macroeconomic Variables Explain Long-Term Stock Market Movement? A Comparison of the US and Japan}} , author={{ AHumpe } and { PMacmillan }} , journal={{Applied Financial Economics}} 19 2 , year={2009} } @incollection{b55, , title={{The Impact of Monetary Policy on Stock Market Performance: Evidence from Twelve African Countries}} , author={{ SIddrisu } and { SKHarvey } and { MAmidu }} , journal={{Research in International Business and Finance}} 42 , year={2017} } @incollection{b56, , title={{Monetary and Fiscal Policies Interactions on Stock Returns in Nigeria}} , author={{ OIdowu } and { IBamidele } and { LElumah }} , journal={{Binus Business Review}} 11 1 , year={2020} } @incollection{b57, , title={{Monetary Policy and Economic Policy}} , author={{ AIordachioaia }} , journal={{Journal of Knowledge Management, Economics and Information Technology}} 1 2 , year={2011} , note={Scientific Papers.org} } @incollection{b58, , title={{Designing a Strategic Information System Planning Methodology for Malaysian Institutes of Higher Learning}} , author={{ SIIrny } and { AARose }} , journal={{Issues in Information System}} 6 1 , year={2005} } @incollection{b59, , title={{The Effect of Regime switching policy rules on economic growth in Kenya}} , author={{ BKamal }} , journal={{International Journal of Business and Commerce}} 3 8 , year={2013} } @incollection{b60, , title={{Monetary Policy Announcements and Stock Returns: Some Further Evidence from India}} , author={{ SKhuntia } and { GSHiremath }} , journal={{Journal of Quantitative Economics}} 17 4 , year={2019} } @incollection{b61, , title={{The Impact of Remittance on Poverty Alleviation in Selected Emerging Markets}} , author={{ TKunofiwa }} , journal={{Comparative Economic Research}} 21 2 , year={2018} } @book{b62, , title={{Inflation, Monetary Transparency and G3 Exchange Rate Volatility}} , author={{ KNKuttner } and { ASPosen }} No. 00-06 , year={2006} , publisher={Peterson Institute} , address={Vienna, Austria} , note={Working Paper} } @incollection{b63, , title={{Macroeconomic Variables and Stock Market Returns: Full Information Maximum Likelihood Estimation}} , author={{ JKKuwornu } and { VOwusu-Nantwi }} , journal={{Research Journal of Finance and Accounting}} 2 4 , year={2011} } @incollection{b64, , title={{Stocks Market, Banks and Growth: Panel Evidence}} , author={{ RLevine }} , journal={{Journal of Banking and Finance}} 28 3 , year={1991} } @book{b65, , title={{Research Methodology: A Toolkit of Sampling and Data Analysis Techniques for Quantitative Research}} , author={{ WMLim } and { DHTing }} , year={2012} , publisher={Grin Publishers and Find Knowledge} , address={New York, NY} } @incollection{b66, , title={{Relationship between Macroeconomic Variables and Stock Market Indices: Cointegration evidence from Stock Exchange of Singapore's allsector Indices}} , author={{ RCMaysami } and { LCHowe } and { MAHamzah }} , journal={{Journal Pengurusan}} 24 1 , year={2004} } @incollection{b67, , title={{Fiscal policy and the US stock market}} , author={{ CLMbanga } and { AFDarrat }} , journal={{Review of Quantitative Finance and Accounting}} 47 4 , year={2016} } @incollection{b68, , title={{The Relative Impact of Monetary and Fiscal Policy Instruments: Some Structure Based Estimates}} , author={{ BTMccallum }} , journal={{Journal of Econetr ics}} 7 3 , year={1976} } @incollection{b69, , title={{What Causes What? Aviation Demand and Economic Growth in Romania: Cointegration Estimation and Causality Analysis}} , author={{ BMehmood } and { AFeliceo } and { AShahid }} , journal={{Romanian Economic and Business Review}} 9 1 , year={2014} } @book{b70, , title={{The Impact of Government Spending on Inflation through the Inflationary Environment, STR approach}} , author={{ MMehrara } and { MBSoufiani } and { SRezaei }} , year={2016} , publisher={World Scientific News} 37 } @incollection{b71, , title={{Dividend Policy, Growth and the Valuation of Shares}} , author={{ MHMiller } and { FModigliani }} , journal={{the Journal of Business}} 34 4 , year={1961} } @incollection{b72, , title={{International Experiences with Different Monetary Policy Regimes}} , author={{ FSMishkin } and { SGEaskins }} , journal={{Journal of Monetary Economics}} 579 605 , year={2012} } @incollection{b73, , title={{The Impossible Trinity and Financial Markets-an Examination of Inflation volatility spillover}} , author={{ BMpho }} , journal={{The Business and Economics Research Journal}} 8 1 , year={2015} } @incollection{b74, , title={{The Impact of Macroeconomic Fundamentals on Stock Prices Revisited: Evidence from Indian Data}} , author={{ PKNaik } and { PPadhi }} , journal={{Eurasian Journal of Business and Economics}} 5 10 , year={2012} } @book{b75, , title={{The Effects of Monetary and Fiscal Policy on the Stock Market in Nigeria}} , author={{ ICNwaogwugwu }} , year={2018} , publisher={American Research Institute for Policy Development} 6 } @incollection{b76, , title={{Impact of Monetary Policy on Stock Market Development: Implication for the Nigerian economy}} , author={{ ENwokoye } and { EOtu }} , journal={{Journal of Development and Economic Sustainability}} 6 4 , year={2018} } @incollection{b77, , title={{Do Economic Policy Decisions affect Stock Market Development in Ghana?}} , author={{ GOfori-Abebrese } and { EAmporfu } and { DSakyi }} , journal={{Africa Journals Online}} 14 1 , year={2016} } @incollection{b78, , title={{Impact of Fiscal and Monetary Policies on Stock Market Performance: An Empirical Study of Pakistan Stock Exchange}} , author={{ SPerveen } and { MRahman }} , journal={{Journal Finance and Economics Research}} 3 2 , year={2018} } @incollection{b79, , title={{How Does the Thai Stock Market Respond to Monetary and Fiscal Policy Shocks?}} , author={{ SPrukumpai } and { YSethapramote }} , journal={{Business and Economics Review}} 28 2 , year={2019} } @book{b80, , author={{ Pwc }} , title={{Ghana Banking Survey Report}} Accra, Ghana , year={2020} } @incollection{b81, , title={{Financial and Monetary Policies in Ghana : A Review of Recent Trends}} , author={{ PQuartey } and { GAfful-Mensah }} , journal={{Journal of Advanced Research}} 4 2 , year={2014} } @incollection{b82, , title={{The Effect of Monetary and Fiscal Policy on Bond Mutual Funds and Stock Market: An International Comparison}} , author={{ FQureshi } and { HHKhan } and { IU RRehman } and { SQureshi } and { AGhafoor }} , journal={{Emerging Markets Finance and Trade}} 55 13 , year={2019} } @incollection{b83, , title={{Costly Capital reallocation and the Effects of Government Spending}} , author={{ VARamey } and { MDShapiro }} , journal={{Carnegie-Rochester Conference Series on Public Policy}} 48 6 , year={1998} } @incollection{b84, , title={{The Impacts of Monetary and Fiscal Policies on Economic Growth in Malaysia}} , author={{ CTTan } and { AMohamed } and { MSHabibullah } and { LChin }} , journal={{Singapore and Thailand. South Asian Journal of Macroeconomics and Public Finance}} 9 1 , year={2020} } @incollection{b85, , title={{Money and Economic Growth}} , author={{ JTobin }} , journal={{Econometrics}} 33 , year={1969} } @incollection{b86, , title={{Statistical Inferences in Vector Auto-regressions with Possibly Integrated Processes}} , author={{ HYToda } and { TYamamoto }} , journal={{Journal of Econometrics}} 66 , year={1995} } @incollection{b87, , title={{Fiscal Policy, Monetary Policy and Economic Growth in Sub-Saharan Africa}} , author={{ IUbi-Abai } and { DEkere }} , journal={{North Asian International Research Journal of Social Science and Humanities}} 3 5 , year={2018} , publisher={University Press} } @book{b88, , title={{Money, Interest Rate, and Stock Prices: New Evidence from Singapore and the United States. Unpublished master's dissertation}} , author={{ WWong } and { HKhan } and { JDu }} , year={2005} Department of Economics, National University of Singapore } @book{b89, , title={{Response of Stock Markets to Monetary Policy: An Asian Stock market Perspective}} , author={{ NFYoshino } and { Taghizadeh-Hesary } and { AHassanzadeh } and { A DPrasetyo }} , year={2014} , note={Working Paper} } @incollection{b90, , title={{Empirical Evidence on the Relationship between Stock Market Volatility and Macroeconomics Volatility in Malaysia}} , author={{ ZZakaria }} , journal={{Journal of Business Studies}} 4 2 , year={2012} } @book{b91, , author={{ WGZikmund } and { BJBabin } and { JCCarr } and { MGriffin }} , title={{Business Research Methods}} USA , publisher={South-Western College Publishing} , year={2012} , note={th ed.} }