期刊名称：International Journal of Accounting and Economics Studies
电子版ISSN：2309-4508
出版年度：2016
卷号：4
期号：1
页码：46-51
DOI：10.14419/ijaes.v4i1.5990
出版社：Journal of Advanced Computer Science & Technology
摘要：In this study, we examined the effect of interest rate and liquidity growth on stock market performance in Ghana using monthly data from the Ghana Stock Exchange and Bank of Ghana for the period 2010:12 to 2013:11. After employing robust linear regression (M-Estimation), there is a compelling evidence that performance of the Ghanaian stock market is highly influenced by liquidity growth, exchange rate and inflation; and that interest rate effect is insignificant though positive on the stock market index for the period under study.
