African Journal of Economic and Management Studies: Volume 14 Issue 1

Bilateral and multilateral aid perspectives of economic growth in sub-Saharan Africa

Samson Edo, Oluwatoyin Matthew, Ifeoluwa Ogunrinola

The purpose of this study is to determine the impact of disaggregate official development aid (ODA) on economic growth, and ascertain whether bilateral and multilateral aid played…

The degree of responsiveness of fiscal and monetary policy in Sierra Leone

Alhassan Turay, Mehdi Seraj, Hüseyin Özdeşer

The degree of responsiveness of fiscal and monetary policy mechanisms that promote growth and development in Sierra Leone is the subject of this article.

What accounts for the high underwriting losses in the Ghanaian insurance industry?

Joseph Oscar Akotey, Godfred Aawaar, Nicholas Addai Boamah

This research explores to answer the question: What accounts for the substantial underwriting losses in the Ghanaian insurance industry?

Pandemic uncertainty and sectoral stock returns predictability in South Africa

Ismail Olaleke Fasanya

In this paper, the author examines the role of uncertainty due to pandemic on the predictability of sectoral stock returns in South Africa. This is motivated by the ongoing global…

Presidential election uncertainty and investor overconfidence bias in sub-Saharan African stock markets

Godwin Musah, Daniel Domeher, Joseph Magnus Frimpong

The purpose of this paper is to investigate overconfidence bias and the effect of presidential elections on investor overconfidence bias in sub-Saharan African stock markets.

Sub-Saharan Africa's rising public debt stock: before another debt relief!

Olumide Olaoye

In light of the recent calls for another round of debt relief for African countries, by African finance ministers and governments, the aim of the study is twofold. First, the…

The macroeconomic effect of COVID-induced economic policy uncertainty in Nigeria: a DSGE approach

Adams Adeiza, Queen Esther Oye, Philip O. Alege

This study examined the macroeconomic effects of COVID-19-induced economic policy uncertainty (EPU) in Nigeria. The study considered the effects of three related shocks: EPU…

Realizing employee and organizational performance gains through electronic human resource management use in developing countries

Musa Nyathi, Ray Kekwaletswe

The purpose of this paper is to propose and test a model designed to realize employee and organizational performance gains in developing economies.

How do markets react to political elections during periods of insecurity and governance crises? Evidence from an African emerging democracy

Pyemo N. Afego, Dahiru A. Bala Abdullahi, Bashir Tijjani, Imhotep Paul Alagidede

This paper operationalizes insecurity and governance crises to study their effects on stock market response to two political events in Nigeria – the 2015 and 2019 presidential…

Is newer better? Evaluating the suitability of nighttime luminosity in proxying poverty in Africa

Nicolene Hamman, Andrew Phiri

The purpose of the study is to evaluate whether nighttime luminosity sourced from the Defense Meteorological Satellite Program-Operational Linescan System satellite sensors is a…