Onye, K. U.’s scientific contributions

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Publications (13)


Public Revenue Structure and Profile in Nigeria
  • Chapter

January 2021

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6 Reads

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Onye, K. U.

The Political Economy of Fiscal Policy making in Nigeria: Implications for Fiscal Consolidation

January 2019

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6 Reads

International Journal of Social Sciences. University of Uyo


Application of GARCH models to estimate and predict financial volatility of daily stock returns in Nigeria
  • Article
  • Full-text available

January 2017

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39 Reads

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21 Citations

International Journal of Managerial Studies and Research

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Citations (7)


... The decision rule is as follows: taken in absolute terms, if the computed test statistic is greater that the critical (table) value, we reject the H 0 of a unit root, and, therefore, accept the H 1 of no unit root. [12,15,16] . Since we stopped at first differencing of the data in order to avert the problem of data mining, the integration test of NEXR shows inconclusive result. ...

Reference:

Essay on Stock Market Performance and Dynamic Reactions to Monetary Policy Shocks in Nigeria
International Capital Mobility and Saving-Investment Nexus in Nigeria: Revisiting Feldstein-Horioka Hypothesis

... They remove the limitation of the traditional model of the absence of an asymmetric term in the GARCH model (Maghyereh et al., 2005). The EGARCH model use log-conditional variance, which incorporates the leverage effect in the exponential form and not quadratic (Ekong and Onye, 2017). More precisely, this study addresses the unanswered questions about the symmetric and asymmetric behaviour of the BRICS stock market. ...

Application of GARCH models to estimate and predict financial volatility of daily stock returns in Nigeria

... The findings further revealed that both negative and positive market shocks resulted in stock price variations in Vietnam stock market. Ekong and Onye (2016) tested the reaction of the stock market towards monetary policy shocks using market liquidity, all share index and stock market turnover as proxies for stock market output. The study applied a structural vector auto-regressive method which revealed that money supply and interest rate were more productive in influencing the stock market than the monetary policy rate. ...

Essay on Stock Market Performance and Dynamic Reactions to Monetary Policy Shocks in Nigeria

... Specifically, in Nigeria, in a 21 st -century world driven by technological innovations, knowledge explosion and rapid development, not much has changed with regards to development since gaining independence in 1960, and even more worrisome is the state of rural areas, as compared with urban contexts. Considering that Nigeria is predominantly rural (Madu, 2010), as about 70 percent of its population live in rural areas (NBC, 2010), the general picture of the country is one of underdevelopment (Ekong & Onye, 2016). Balfour, Mitchell, and Moletsane (2008, p. 98) assert that while it cannot be argued that urban contexts are free of the challenges found in rural environments, the defining characterises of rurality is "its intensity". ...

A Framework for Sustaining Rural Development Program: Evidence from Micro-Panel Data in Nigeria

... Le chapitre s'appuie sur les modèles SVAR à l'instar d'autres travaux (Asongu, 2012;Buigut and Valev, 2005;Ekong and Onye, 2012;Fielding and Shields, 2001;Sarr and Wade, 2015) pour analyser l'asymétrie des chocs dans la CEDEAO. Le chapitre vient ajouter un plus à une littérature empirique peu abondante et moins récente sur l'asymétrie des chocs en Afrique de l'Ouest. ...

On the Feasibility of A Common Currency in West Africa: Evidence from a Multivariate Structural VAR

... Human migration study is important for many research fields, such as climate change [13,58,10], urban planning [53,43,2,61], epidemic modeling [63,12,25], and cities building [64,6,22]. With the increasing availability of time to resolve big datasets containing digital traces of human activities at unprecedented scales and resolutions,data sources are as diverse as the information they provide, spanning from credit card transactions [48] and taxi or subway rides [78,85,28,39]. ...

Building Sustainable Cities in Nigeria: The Need for Mass and Social Housing Provision