id	sid	tid	token	lemma	pos
amfbr-564	1	1	copyright	copyright	NOUN
amfbr-564	1	2	©	©	PROPN
amfbr-564	1	3	cc	cc	PROPN
amfbr-564	1	4	-	-	PUNCT
amfbr-564	1	5	by	by	ADP
amfbr-564	1	6	-	-	PUNCT
amfbr-564	1	7	nc	nc	PROPN
amfbr-564	1	8	2020	2020	NUM
amfbr-564	1	9	,	,	PUNCT
amfbr-564	1	10	cribfb	cribfb	PROPN
amfbr-564	1	11	|	|	ADV
amfbr-564	1	12	amfbr	amfbr	PROPN
amfbr-564	1	13	american	american	PROPN
amfbr-564	1	14	finance	finance	PROPN
amfbr-564	1	15	&	&	CCONJ
amfbr-564	1	16	banking	banking	PROPN
amfbr-564	1	17	review	review	PROPN
amfbr-564	1	18	;	;	PUNCT
amfbr-564	1	19	vol	vol	NOUN
amfbr-564	1	20	.	.	PROPN
amfbr-564	1	21	5	5	NUM
amfbr-564	1	22	,	,	PUNCT
amfbr-564	1	23	no	no	INTJ
amfbr-564	1	24	.	.	NOUN
amfbr-564	1	25	1	1	NUM
amfbr-564	1	26	;	;	PUNCT
amfbr-564	1	27	2020	2020	NUM
amfbr-564	1	28	issn	issn	VERB
amfbr-564	1	29	2576	2576	NUM
amfbr-564	1	30	-	-	SYM
amfbr-564	1	31	1226	1226	NUM
amfbr-564	1	32	e	e	NOUN
amfbr-564	1	33	-	-	NOUN
amfbr-564	1	34	issn	issn	PROPN
amfbr-564	1	35	2576	2576	NUM
amfbr-564	1	36	-	-	SYM
amfbr-564	1	37	1234	1234	NUM
amfbr-564	1	38	published	publish	VERB
amfbr-564	1	39	by	by	ADP
amfbr-564	1	40	centre	centre	NOUN
amfbr-564	1	41	for	for	ADP
amfbr-564	1	42	research	research	NOUN
amfbr-564	1	43	on	on	ADP
amfbr-564	1	44	islamic	islamic	ADJ
amfbr-564	1	45	banking	banking	PROPN
amfbr-564	1	46	&	&	CCONJ
amfbr-564	1	47	finance	finance	PROPN
amfbr-564	1	48	and	and	CCONJ
amfbr-564	1	49	business	business	NOUN
amfbr-564	1	50	,	,	PUNCT
amfbr-564	1	51	usa	usa	PROPN
amfbr-564	1	52	62	62	NUM
amfbr-564	1	53	financial	financial	ADJ
amfbr-564	1	54	conditions	condition	NOUN
amfbr-564	1	55	index	index	NOUN
amfbr-564	1	56	and	and	CCONJ
amfbr-564	1	57	economic	economic	ADJ
amfbr-564	1	58	performance	performance	NOUN
amfbr-564	1	59	in	in	ADP
amfbr-564	1	60	nigeria	nigeria	PROPN
amfbr-564	1	61	chukwu	chukwu	PROPN
amfbr-564	1	62	agwu	agwu	PROPN
amfbr-564	1	63	ejem	ejem	PROPN
amfbr-564	1	64	phd	phd	PROPN
amfbr-564	1	65	senior	senior	ADJ
amfbr-564	1	66	lecturer	lecturer	NOUN
amfbr-564	1	67	department	department	NOUN
amfbr-564	1	68	of	of	ADP
amfbr-564	1	69	banking	banking	NOUN
amfbr-564	1	70	and	and	CCONJ
amfbr-564	1	71	finance	finance	PROPN
amfbr-564	1	72	abia	abia	PROPN
amfbr-564	1	73	state	state	PROPN
amfbr-564	1	74	university	university	PROPN
amfbr-564	1	75	,	,	PUNCT
amfbr-564	1	76	uturu	uturu	PROPN
amfbr-564	1	77	,	,	PUNCT
amfbr-564	1	78	nigeria	nigeria	PROPN
amfbr-564	1	79	e	e	NOUN
amfbr-564	1	80	-	-	NOUN
amfbr-564	1	81	mail	mail	NOUN
amfbr-564	1	82	:	:	PUNCT
amfbr-564	1	83	ecjah71@yahoo.com	ecjah71@yahoo.com	X
amfbr-564	1	84	udochukwu	udochukwu	ADJ
amfbr-564	1	85	godfrey	godfrey	PROPN
amfbr-564	1	86	ogbonna	ogbonna	PROPN
amfbr-564	1	87	phd	phd	PROPN
amfbr-564	1	88	senior	senior	ADJ
amfbr-564	1	89	lecturer	lecturer	NOUN
amfbr-564	1	90	department	department	PROPN
amfbr-564	1	91	of	of	ADP
amfbr-564	1	92	management	management	NOUN
amfbr-564	1	93	science	science	PROPN
amfbr-564	1	94	rhema	rhema	PROPN
amfbr-564	1	95	university	university	PROPN
amfbr-564	1	96	,	,	PUNCT
amfbr-564	1	97	aba	aba	PROPN
amfbr-564	1	98	,	,	PUNCT
amfbr-564	1	99	nigeria	nigeria	PROPN
amfbr-564	1	100	e	e	NOUN
amfbr-564	1	101	-	-	NOUN
amfbr-564	1	102	mail	mail	NOUN
amfbr-564	1	103	:	:	PUNCT
amfbr-564	1	104	kellyogbo2004@yahoo.com	kellyogbo2004@yahoo.com	X
amfbr-564	2	1	abstract	abstract	PROPN
amfbr-564	2	2	the	the	DET
amfbr-564	2	3	main	main	ADJ
amfbr-564	2	4	aim	aim	NOUN
amfbr-564	2	5	of	of	ADP
amfbr-564	2	6	this	this	DET
amfbr-564	2	7	study	study	NOUN
amfbr-564	2	8	is	be	AUX
amfbr-564	2	9	to	to	PART
amfbr-564	2	10	construct	construct	VERB
amfbr-564	2	11	a	a	DET
amfbr-564	2	12	financial	financial	ADJ
amfbr-564	2	13	conditions	condition	NOUN
amfbr-564	2	14	index	index	NOUN
amfbr-564	2	15	for	for	ADP
amfbr-564	2	16	nigeria	nigeria	PROPN
amfbr-564	2	17	and	and	CCONJ
amfbr-564	2	18	analyze	analyze	VERB
amfbr-564	2	19	its	its	PRON
amfbr-564	2	20	predictive	predictive	ADJ
amfbr-564	2	21	power	power	NOUN
amfbr-564	2	22	for	for	ADP
amfbr-564	2	23	future	future	ADJ
amfbr-564	2	24	growth	growth	NOUN
amfbr-564	2	25	rate	rate	NOUN
amfbr-564	2	26	and	and	CCONJ
amfbr-564	2	27	inflationary	inflationary	ADJ
amfbr-564	2	28	trend	trend	NOUN
amfbr-564	2	29	.	.	PUNCT
amfbr-564	3	1	the	the	DET
amfbr-564	3	2	study	study	NOUN
amfbr-564	3	3	is	be	AUX
amfbr-564	3	4	based	base	VERB
amfbr-564	3	5	on	on	ADP
amfbr-564	3	6	yearly	yearly	ADJ
amfbr-564	3	7	time	time	NOUN
amfbr-564	3	8	series	series	PROPN
amfbr-564	3	9	data	datum	NOUN
amfbr-564	3	10	from	from	ADP
amfbr-564	3	11	1985	1985	NUM
amfbr-564	3	12	to	to	ADP
amfbr-564	3	13	2018	2018	NUM
amfbr-564	3	14	.	.	PUNCT
amfbr-564	4	1	the	the	DET
amfbr-564	4	2	variables	variable	NOUN
amfbr-564	4	3	included	include	VERB
amfbr-564	4	4	in	in	ADP
amfbr-564	4	5	the	the	DET
amfbr-564	4	6	construction	construction	NOUN
amfbr-564	4	7	of	of	ADP
amfbr-564	4	8	the	the	DET
amfbr-564	4	9	index	index	NOUN
amfbr-564	4	10	are	be	AUX
amfbr-564	4	11	riskless	riskless	NOUN
amfbr-564	4	12	interest	interest	NOUN
amfbr-564	4	13	rate	rate	NOUN
amfbr-564	4	14	,	,	PUNCT
amfbr-564	4	15	stock	stock	NOUN
amfbr-564	4	16	market	market	NOUN
amfbr-564	4	17	index	index	NOUN
amfbr-564	4	18	,	,	PUNCT
amfbr-564	4	19	exchange	exchange	NOUN
amfbr-564	4	20	rate	rate	NOUN
amfbr-564	4	21	,	,	PUNCT
amfbr-564	4	22	credit	credit	NOUN
amfbr-564	4	23	to	to	ADP
amfbr-564	4	24	private	private	ADJ
amfbr-564	4	25	sector	sector	NOUN
amfbr-564	4	26	and	and	CCONJ
amfbr-564	4	27	interest	interest	NOUN
amfbr-564	4	28	rate	rate	NOUN
amfbr-564	4	29	spread	spread	VERB
amfbr-564	4	30	.	.	PUNCT
amfbr-564	5	1	the	the	DET
amfbr-564	5	2	weights	weight	NOUN
amfbr-564	5	3	attached	attach	VERB
amfbr-564	5	4	to	to	ADP
amfbr-564	5	5	these	these	DET
amfbr-564	5	6	variables	variable	NOUN
amfbr-564	5	7	are	be	AUX
amfbr-564	5	8	derived	derive	VERB
amfbr-564	5	9	from	from	ADP
amfbr-564	5	10	ardl	ardl	NOUN
amfbr-564	5	11	coefficients	coefficient	NOUN
amfbr-564	5	12	,	,	PUNCT
amfbr-564	5	13	while	while	SCONJ
amfbr-564	5	14	the	the	DET
amfbr-564	5	15	predictive	predictive	ADJ
amfbr-564	5	16	power	power	NOUN
amfbr-564	5	17	of	of	ADP
amfbr-564	5	18	the	the	DET
amfbr-564	5	19	constructed	construct	VERB
amfbr-564	5	20	index	index	NOUN
amfbr-564	5	21	is	be	AUX
amfbr-564	5	22	examined	examine	VERB
amfbr-564	5	23	within	within	ADP
amfbr-564	5	24	the	the	DET
amfbr-564	5	25	var	var	NOUN
amfbr-564	5	26	framework	framework	NOUN
amfbr-564	5	27	.	.	PUNCT
amfbr-564	6	1	the	the	DET
amfbr-564	6	2	results	result	NOUN
amfbr-564	6	3	from	from	ADP
amfbr-564	6	4	the	the	DET
amfbr-564	6	5	ardl	ardl	NOUN
amfbr-564	6	6	model	model	NOUN
amfbr-564	6	7	shows	show	VERB
amfbr-564	6	8	that	that	SCONJ
amfbr-564	6	9	credit	credit	NOUN
amfbr-564	6	10	to	to	ADP
amfbr-564	6	11	private	private	ADJ
amfbr-564	6	12	sector	sector	NOUN
amfbr-564	6	13	and	and	CCONJ
amfbr-564	6	14	stock	stock	NOUN
amfbr-564	6	15	market	market	NOUN
amfbr-564	6	16	index	index	NOUN
amfbr-564	6	17	are	be	AUX
amfbr-564	6	18	the	the	DET
amfbr-564	6	19	most	most	ADV
amfbr-564	6	20	significant	significant	ADJ
amfbr-564	6	21	factors	factor	NOUN
amfbr-564	6	22	for	for	ADP
amfbr-564	6	23	nominal	nominal	ADJ
amfbr-564	6	24	gdp	gdp	NOUN
amfbr-564	6	25	,	,	PUNCT
amfbr-564	6	26	hence	hence	ADV
amfbr-564	6	27	having	have	VERB
amfbr-564	6	28	a	a	DET
amfbr-564	6	29	substantial	substantial	ADJ
amfbr-564	6	30	weight	weight	NOUN
amfbr-564	6	31	in	in	ADP
amfbr-564	6	32	the	the	DET
amfbr-564	6	33	resultant	resultant	NOUN
amfbr-564	6	34	financial	financial	ADJ
amfbr-564	6	35	conditions	condition	NOUN
amfbr-564	6	36	index	index	NOUN
amfbr-564	6	37	.	.	PUNCT
amfbr-564	7	1	however	however	ADV
amfbr-564	7	2	,	,	PUNCT
amfbr-564	7	3	the	the	DET
amfbr-564	7	4	results	result	NOUN
amfbr-564	7	5	from	from	ADP
amfbr-564	7	6	var	var	NOUN
amfbr-564	7	7	impulse	impulse	ADJ
amfbr-564	7	8	response	response	NOUN
amfbr-564	7	9	function	function	NOUN
amfbr-564	7	10	and	and	CCONJ
amfbr-564	7	11	forecast	forecast	NOUN
amfbr-564	7	12	error	error	NOUN
amfbr-564	7	13	variance	variance	NOUN
amfbr-564	7	14	decomposition	decomposition	NOUN
amfbr-564	7	15	suggest	suggest	VERB
amfbr-564	7	16	that	that	SCONJ
amfbr-564	7	17	the	the	DET
amfbr-564	7	18	constructed	construct	VERB
amfbr-564	7	19	financial	financial	ADJ
amfbr-564	7	20	conditions	condition	NOUN
amfbr-564	7	21	index	index	NOUN
amfbr-564	7	22	contain	contain	VERB
amfbr-564	7	23	very	very	ADV
amfbr-564	7	24	little	little	ADJ
amfbr-564	7	25	predictive	predictive	ADJ
amfbr-564	7	26	information	information	NOUN
amfbr-564	7	27	about	about	ADP
amfbr-564	7	28	future	future	ADJ
amfbr-564	7	29	growth	growth	NOUN
amfbr-564	7	30	rate	rate	NOUN
amfbr-564	7	31	and	and	CCONJ
amfbr-564	7	32	inflationary	inflationary	ADJ
amfbr-564	7	33	trend	trend	NOUN
amfbr-564	7	34	.	.	PUNCT
amfbr-564	8	1	keywords	keyword	NOUN
amfbr-564	8	2	:	:	PUNCT
amfbr-564	8	3	financial	financial	ADJ
amfbr-564	8	4	conditions	condition	NOUN
amfbr-564	8	5	index	index	NOUN
amfbr-564	8	6	,	,	PUNCT
amfbr-564	8	7	inflation	inflation	NOUN
amfbr-564	8	8	,	,	PUNCT
amfbr-564	8	9	real	real	ADJ
amfbr-564	8	10	gdp	gdp	NOUN
amfbr-564	8	11	growth	growth	NOUN
amfbr-564	8	12	rate	rate	NOUN
amfbr-564	8	13	.	.	PUNCT
amfbr-564	9	1	1	1	X
amfbr-564	9	2	.	.	X
amfbr-564	9	3	introduction	introduction	NOUN
amfbr-564	9	4	understanding	understand	VERB
amfbr-564	9	5	how	how	SCONJ
amfbr-564	9	6	monetary	monetary	ADJ
amfbr-564	9	7	policy	policy	NOUN
amfbr-564	9	8	shocks	shock	VERB
amfbr-564	9	9	transmit	transmit	VERB
amfbr-564	9	10	to	to	ADP
amfbr-564	9	11	the	the	DET
amfbr-564	9	12	real	real	ADJ
amfbr-564	9	13	economy	economy	NOUN
amfbr-564	9	14	is	be	AUX
amfbr-564	9	15	an	an	DET
amfbr-564	9	16	age	age	NOUN
amfbr-564	9	17	long	long	ADJ
amfbr-564	9	18	issue	issue	NOUN
amfbr-564	9	19	,	,	PUNCT
amfbr-564	9	20	and	and	CCONJ
amfbr-564	9	21	has	have	AUX
amfbr-564	9	22	continued	continue	VERB
amfbr-564	9	23	to	to	PART
amfbr-564	9	24	attract	attract	VERB
amfbr-564	9	25	scholarly	scholarly	ADJ
amfbr-564	9	26	debate	debate	NOUN
amfbr-564	9	27	in	in	ADP
amfbr-564	9	28	both	both	CCONJ
amfbr-564	9	29	developing	develop	VERB
amfbr-564	9	30	and	and	CCONJ
amfbr-564	9	31	developed	developed	ADJ
amfbr-564	9	32	countries	country	NOUN
amfbr-564	9	33	.	.	PUNCT
amfbr-564	10	1	traditionally	traditionally	ADV
amfbr-564	10	2	,	,	PUNCT
amfbr-564	10	3	changes	change	NOUN
amfbr-564	10	4	in	in	ADP
amfbr-564	10	5	monetary	monetary	ADJ
amfbr-564	10	6	policy	policy	NOUN
amfbr-564	10	7	stance	stance	NOUN
amfbr-564	10	8	affect	affect	VERB
amfbr-564	10	9	savings	saving	NOUN
amfbr-564	10	10	and	and	CCONJ
amfbr-564	10	11	investment	investment	NOUN
amfbr-564	10	12	behaviours	behaviour	NOUN
amfbr-564	10	13	of	of	ADP
amfbr-564	10	14	both	both	DET
amfbr-564	10	15	households	household	NOUN
amfbr-564	10	16	and	and	CCONJ
amfbr-564	10	17	firms	firm	NOUN
amfbr-564	10	18	through	through	ADP
amfbr-564	10	19	interest	interest	NOUN
amfbr-564	10	20	rates	rate	NOUN
amfbr-564	10	21	and	and	CCONJ
amfbr-564	10	22	exchange	exchange	NOUN
amfbr-564	10	23	rate	rate	NOUN
amfbr-564	10	24	.	.	PUNCT
amfbr-564	11	1	hence	hence	ADV
amfbr-564	11	2	,	,	PUNCT
amfbr-564	11	3	monetary	monetary	ADJ
amfbr-564	11	4	conditions	condition	NOUN
amfbr-564	11	5	index	index	NOUN
amfbr-564	11	6	,	,	PUNCT
amfbr-564	11	7	which	which	PRON
amfbr-564	11	8	reflects	reflect	VERB
amfbr-564	11	9	changes	change	NOUN
amfbr-564	11	10	in	in	ADP
amfbr-564	11	11	monetary	monetary	ADJ
amfbr-564	11	12	conditions	condition	NOUN
amfbr-564	11	13	related	relate	VERB
amfbr-564	11	14	to	to	ADP
amfbr-564	11	15	interest	interest	NOUN
amfbr-564	11	16	rate	rate	NOUN
amfbr-564	11	17	and	and	CCONJ
amfbr-564	11	18	exchange	exchange	NOUN
amfbr-564	11	19	,	,	PUNCT
amfbr-564	11	20	was	be	AUX
amfbr-564	11	21	used	use	VERB
amfbr-564	11	22	during	during	ADP
amfbr-564	11	23	the	the	DET
amfbr-564	11	24	1990s	1990s	NUM
amfbr-564	11	25	to	to	PART
amfbr-564	11	26	track	track	VERB
amfbr-564	11	27	monetary	monetary	ADJ
amfbr-564	11	28	policy	policy	NOUN
amfbr-564	11	29	stance	stance	NOUN
amfbr-564	11	30	.	.	PUNCT
amfbr-564	12	1	however	however	ADV
amfbr-564	12	2	,	,	PUNCT
amfbr-564	12	3	the	the	DET
amfbr-564	12	4	rapidly	rapidly	ADV
amfbr-564	12	5	growing	grow	VERB
amfbr-564	12	6	complexities	complexity	NOUN
amfbr-564	12	7	of	of	ADP
amfbr-564	12	8	financial	financial	ADJ
amfbr-564	12	9	systems	system	NOUN
amfbr-564	12	10	all	all	ADV
amfbr-564	12	11	over	over	ADP
amfbr-564	12	12	the	the	DET
amfbr-564	12	13	world	world	NOUN
amfbr-564	12	14	have	have	AUX
amfbr-564	12	15	necessitated	necessitate	VERB
amfbr-564	12	16	a	a	DET
amfbr-564	12	17	more	more	ADV
amfbr-564	12	18	comprehensive	comprehensive	ADJ
amfbr-564	12	19	index	index	NOUN
amfbr-564	12	20	that	that	PRON
amfbr-564	12	21	accommodates	accommodate	VERB
amfbr-564	12	22	the	the	DET
amfbr-564	12	23	impact	impact	NOUN
amfbr-564	12	24	of	of	ADP
amfbr-564	12	25	financial	financial	ADJ
amfbr-564	12	26	markets	market	NOUN
amfbr-564	12	27	in	in	ADP
amfbr-564	12	28	the	the	DET
amfbr-564	12	29	monetary	monetary	ADJ
amfbr-564	12	30	policy	policy	NOUN
amfbr-564	12	31	transmission	transmission	NOUN
amfbr-564	12	32	mechanism	mechanism	NOUN
amfbr-564	12	33	(	(	PUNCT
amfbr-564	12	34	swiston	swiston	NOUN
amfbr-564	12	35	,	,	PUNCT
amfbr-564	12	36	2008	2008	NUM
amfbr-564	12	37	)	)	PUNCT
amfbr-564	12	38	.	.	PUNCT
amfbr-564	13	1	more	more	ADV
amfbr-564	13	2	specifically	specifically	ADV
amfbr-564	13	3	,	,	PUNCT
amfbr-564	13	4	since	since	SCONJ
amfbr-564	13	5	early	early	ADJ
amfbr-564	13	6	2000s	2000s	NUM
amfbr-564	13	7	,	,	PUNCT
amfbr-564	13	8	there	there	PRON
amfbr-564	13	9	is	be	VERB
amfbr-564	13	10	a	a	DET
amfbr-564	13	11	growing	grow	VERB
amfbr-564	13	12	body	body	NOUN
amfbr-564	13	13	of	of	ADP
amfbr-564	13	14	evidence	evidence	NOUN
amfbr-564	13	15	suggesting	suggest	VERB
amfbr-564	13	16	that	that	SCONJ
amfbr-564	13	17	financial	financial	ADJ
amfbr-564	13	18	conditions	condition	NOUN
amfbr-564	13	19	index	index	NOUN
amfbr-564	13	20	provides	provide	VERB
amfbr-564	13	21	a	a	DET
amfbr-564	13	22	more	more	ADV
amfbr-564	13	23	useful	useful	ADJ
amfbr-564	13	24	tool	tool	NOUN
amfbr-564	13	25	for	for	ADP
amfbr-564	13	26	forecasting	forecast	VERB
amfbr-564	13	27	the	the	DET
amfbr-564	13	28	performance	performance	NOUN
amfbr-564	13	29	of	of	ADP
amfbr-564	13	30	real	real	ADJ
amfbr-564	13	31	economic	economic	ADJ
amfbr-564	13	32	variables	variable	NOUN
amfbr-564	13	33	,	,	PUNCT
amfbr-564	13	34	especially	especially	ADV
amfbr-564	13	35	,	,	PUNCT
amfbr-564	13	36	where	where	SCONJ
amfbr-564	13	37	interest	interest	NOUN
amfbr-564	13	38	rates	rate	NOUN
amfbr-564	13	39	and	and	CCONJ
amfbr-564	13	40	exchange	exchange	NOUN
amfbr-564	13	41	rate	rate	NOUN
amfbr-564	13	42	are	be	AUX
amfbr-564	13	43	found	find	VERB
amfbr-564	13	44	insufficient	insufficient	ADJ
amfbr-564	13	45	(	(	PUNCT
amfbr-564	13	46	angelopoulou	angelopoulou	PROPN
amfbr-564	13	47	,	,	PUNCT
amfbr-564	13	48	balfoussia	balfoussia	PROPN
amfbr-564	13	49	&	&	CCONJ
amfbr-564	13	50	gibson	gibson	PROPN
amfbr-564	13	51	,	,	PUNCT
amfbr-564	13	52	2014).therefore	2014).therefore	NOUN
amfbr-564	13	53	,	,	PUNCT
amfbr-564	13	54	financial	financial	ADJ
amfbr-564	13	55	conditions	condition	NOUN
amfbr-564	13	56	index	index	NOUN
amfbr-564	13	57	is	be	AUX
amfbr-564	13	58	,	,	PUNCT
amfbr-564	13	59	not	not	PART
amfbr-564	13	60	only	only	ADV
amfbr-564	13	61	a	a	DET
amfbr-564	13	62	natural	natural	ADJ
amfbr-564	13	63	extension	extension	NOUN
amfbr-564	13	64	of	of	ADP
amfbr-564	13	65	monetary	monetary	ADJ
amfbr-564	13	66	conditions	condition	NOUN
amfbr-564	13	67	index	index	NOUN
amfbr-564	13	68	,	,	PUNCT
amfbr-564	13	69	but	but	CCONJ
amfbr-564	13	70	also	also	ADV
amfbr-564	13	71	,	,	PUNCT
amfbr-564	13	72	a	a	DET
amfbr-564	13	73	more	more	ADV
amfbr-564	13	74	comprehensive	comprehensive	ADJ
amfbr-564	13	75	index	index	NOUN
amfbr-564	13	76	that	that	PRON
amfbr-564	13	77	accommodates	accommodate	VERB
amfbr-564	13	78	the	the	DET
amfbr-564	13	79	importance	importance	NOUN
amfbr-564	13	80	of	of	ADP
amfbr-564	13	81	asset	asset	NOUN
amfbr-564	13	82	prices	price	NOUN
amfbr-564	13	83	(	(	PUNCT
amfbr-564	13	84	equity	equity	NOUN
amfbr-564	13	85	and	and	CCONJ
amfbr-564	13	86	property	property	NOUN
amfbr-564	13	87	prices	price	NOUN
amfbr-564	13	88	)	)	PUNCT
amfbr-564	13	89	in	in	ADP
amfbr-564	13	90	the	the	DET
amfbr-564	13	91	monetary	monetary	ADJ
amfbr-564	13	92	policy	policy	NOUN
amfbr-564	13	93	transmission	transmission	NOUN
amfbr-564	13	94	mechanism	mechanism	NOUN
amfbr-564	13	95	(	(	PUNCT
amfbr-564	13	96	angelopoulou	angelopoulou	PROPN
amfbr-564	13	97	,	,	PUNCT
amfbr-564	13	98	balfoussia	balfoussia	PROPN
amfbr-564	13	99	&	&	CCONJ
amfbr-564	13	100	gibson	gibson	PROPN
amfbr-564	13	101	,	,	PUNCT
amfbr-564	13	102	2014	2014	NUM
amfbr-564	13	103	)	)	PUNCT
amfbr-564	13	104	.	.	PUNCT
amfbr-564	14	1	this	this	DET
amfbr-564	14	2	study	study	NOUN
amfbr-564	14	3	constructs	construct	VERB
amfbr-564	14	4	a	a	DET
amfbr-564	14	5	financial	financial	ADJ
amfbr-564	14	6	conditions	condition	NOUN
amfbr-564	14	7	index	index	NOUN
amfbr-564	14	8	for	for	ADP
amfbr-564	14	9	nigeria	nigeria	PROPN
amfbr-564	14	10	and	and	CCONJ
amfbr-564	14	11	examining	examine	VERB
amfbr-564	14	12	its	its	PRON
amfbr-564	14	13	predictive	predictive	ADJ
amfbr-564	14	14	power	power	NOUN
amfbr-564	14	15	for	for	ADP
amfbr-564	14	16	both	both	DET
amfbr-564	14	17	inflation	inflation	NOUN
amfbr-564	14	18	and	and	CCONJ
amfbr-564	14	19	growth	growth	NOUN
amfbr-564	14	20	rate	rate	NOUN
amfbr-564	14	21	in	in	ADP
amfbr-564	14	22	real	real	ADJ
amfbr-564	14	23	gdp	gdp	NOUN
amfbr-564	14	24	using	use	VERB
amfbr-564	14	25	yearly	yearly	ADJ
amfbr-564	14	26	time	time	NOUN
amfbr-564	14	27	series	series	PROPN
amfbr-564	14	28	data	datum	NOUN
amfbr-564	14	29	from	from	ADP
amfbr-564	14	30	1985	1985	NUM
amfbr-564	14	31	to	to	ADP
amfbr-564	14	32	2018	2018	NUM
amfbr-564	14	33	.	.	PUNCT
amfbr-564	15	1	while	while	SCONJ
amfbr-564	15	2	the	the	DET
amfbr-564	15	3	financial	financial	ADJ
amfbr-564	15	4	conditions	condition	NOUN
amfbr-564	15	5	index	index	NOUN
amfbr-564	15	6	was	be	AUX
amfbr-564	15	7	constructed	construct	VERB
amfbr-564	15	8	based	base	VERB
amfbr-564	15	9	on	on	ADP
amfbr-564	15	10	ardl	ardl	PROPN
amfbr-564	15	11	model	model	NOUN
amfbr-564	15	12	which	which	PRON
amfbr-564	15	13	is	be	AUX
amfbr-564	15	14	novel	novel	ADJ
amfbr-564	15	15	in	in	ADP
amfbr-564	15	16	the	the	DET
amfbr-564	15	17	literature	literature	NOUN
amfbr-564	15	18	,	,	PUNCT
amfbr-564	15	19	its	its	PRON
amfbr-564	15	20	predictive	predictive	ADJ
amfbr-564	15	21	power	power	NOUN
amfbr-564	15	22	for	for	ADP
amfbr-564	15	23	inflation	inflation	NOUN
amfbr-564	15	24	is	be	AUX
amfbr-564	15	25	examined	examine	VERB
amfbr-564	15	26	based	base	VERB
amfbr-564	15	27	on	on	ADP
amfbr-564	15	28	structural	structural	ADJ
amfbr-564	15	29	vector	vector	NOUN
amfbr-564	15	30	autoregressive	autoregressive	ADJ
amfbr-564	15	31	model	model	NOUN
amfbr-564	15	32	.	.	PUNCT
amfbr-564	16	1	the	the	DET
amfbr-564	16	2	remainder	remainder	NOUN
amfbr-564	16	3	of	of	ADP
amfbr-564	16	4	this	this	DET
amfbr-564	16	5	study	study	NOUN
amfbr-564	16	6	has	have	VERB
amfbr-564	16	7	the	the	DET
amfbr-564	16	8	following	follow	VERB
amfbr-564	16	9	structure	structure	NOUN
amfbr-564	16	10	:	:	PUNCT
amfbr-564	16	11	the	the	DET
amfbr-564	16	12	next	next	ADJ
amfbr-564	16	13	section	section	NOUN
amfbr-564	16	14	reviews	review	VERB
amfbr-564	16	15	the	the	DET
amfbr-564	16	16	extant	extant	ADJ
amfbr-564	16	17	literature	literature	NOUN
amfbr-564	16	18	on	on	ADP
amfbr-564	16	19	financegrowth	financegrowth	PROPN
amfbr-564	16	20	relationship	relationship	NOUN
amfbr-564	16	21	as	as	ADV
amfbr-564	16	22	well	well	ADV
amfbr-564	16	23	as	as	ADP
amfbr-564	16	24	financial	financial	ADJ
amfbr-564	16	25	conditions	condition	NOUN
amfbr-564	16	26	index	index	NOUN
amfbr-564	16	27	.	.	PUNCT
amfbr-564	17	1	section	section	NOUN
amfbr-564	17	2	3	3	NUM
amfbr-564	17	3	describes	describe	VERB
amfbr-564	17	4	the	the	DET
amfbr-564	17	5	data	datum	NOUN
amfbr-564	17	6	,	,	PUNCT
amfbr-564	17	7	models	model	NOUN
amfbr-564	17	8	and	and	CCONJ
amfbr-564	17	9	methods	method	NOUN
amfbr-564	17	10	;	;	PUNCT
amfbr-564	17	11	section	section	NOUN
amfbr-564	17	12	4	4	NUM
amfbr-564	17	13	contains	contain	VERB
amfbr-564	17	14	empirical	empirical	ADJ
amfbr-564	17	15	analysis	analysis	NOUN
amfbr-564	17	16	and	and	CCONJ
amfbr-564	17	17	discussion	discussion	NOUN
amfbr-564	17	18	while	while	SCONJ
amfbr-564	17	19	the	the	DET
amfbr-564	17	20	study	study	NOUN
amfbr-564	17	21	is	be	AUX
amfbr-564	17	22	concluded	conclude	VERB
amfbr-564	17	23	in	in	ADP
amfbr-564	17	24	section	section	NOUN
amfbr-564	17	25	5	5	NUM
amfbr-564	18	1	.	.	PUNCT
amfbr-564	18	2	mailto:ecjah71@yahoo.com	mailto:ecjah71@yahoo.com	ADJ
amfbr-564	18	3	copyright	copyright	PROPN
amfbr-564	19	1	©	©	PROPN
amfbr-564	19	2	cc	cc	PROPN
amfbr-564	19	3	-	-	PUNCT
amfbr-564	19	4	by	by	ADP
amfbr-564	19	5	-	-	PUNCT
amfbr-564	19	6	nc	nc	PROPN
amfbr-564	19	7	2020	2020	NUM
amfbr-564	19	8	,	,	PUNCT
amfbr-564	19	9	cribfb	cribfb	PROPN
amfbr-564	19	10	|	|	ADV
amfbr-564	19	11	amfbr	amfbr	ADJ
amfbr-564	19	12	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	19	13	american	american	PROPN
amfbr-564	19	14	finance	finance	PROPN
amfbr-564	19	15	&	&	CCONJ
amfbr-564	19	16	banking	banking	PROPN
amfbr-564	19	17	review	review	PROPN
amfbr-564	19	18	vol	vol	NOUN
amfbr-564	19	19	.	.	PROPN
amfbr-564	20	1	5	5	NUM
amfbr-564	20	2	,	,	PUNCT
amfbr-564	20	3	no	no	INTJ
amfbr-564	20	4	.	.	NOUN
amfbr-564	20	5	1	1	NUM
amfbr-564	20	6	;	;	PUNCT
amfbr-564	20	7	2020	2020	NUM
amfbr-564	20	8	63	63	NUM
amfbr-564	20	9	2	2	NUM
amfbr-564	20	10	.	.	PUNCT
amfbr-564	21	1	literature	literature	NOUN
amfbr-564	21	2	review	review	VERB
amfbr-564	21	3	2.1	2.1	NUM
amfbr-564	21	4	financial	financial	ADJ
amfbr-564	21	5	conditions	condition	NOUN
amfbr-564	21	6	indicators	indicator	NOUN
amfbr-564	21	7	and	and	CCONJ
amfbr-564	21	8	economic	economic	ADJ
amfbr-564	21	9	growth	growth	NOUN
amfbr-564	21	10	the	the	DET
amfbr-564	21	11	relationship	relationship	NOUN
amfbr-564	21	12	between	between	ADP
amfbr-564	21	13	financial	financial	ADJ
amfbr-564	21	14	conditions	condition	NOUN
amfbr-564	21	15	indicators	indicator	NOUN
amfbr-564	21	16	and	and	CCONJ
amfbr-564	21	17	economic	economic	ADJ
amfbr-564	21	18	growth	growth	NOUN
amfbr-564	21	19	can	can	AUX
amfbr-564	21	20	be	be	AUX
amfbr-564	21	21	examined	examine	VERB
amfbr-564	21	22	in	in	ADP
amfbr-564	21	23	the	the	DET
amfbr-564	21	24	context	context	NOUN
amfbr-564	21	25	of	of	ADP
amfbr-564	21	26	supply	supply	NOUN
amfbr-564	21	27	leading	lead	VERB
amfbr-564	21	28	theory	theory	NOUN
amfbr-564	21	29	.	.	PUNCT
amfbr-564	22	1	the	the	DET
amfbr-564	22	2	supply	supply	NOUN
amfbr-564	22	3	leading	lead	VERB
amfbr-564	22	4	theory	theory	NOUN
amfbr-564	22	5	,	,	PUNCT
amfbr-564	22	6	which	which	PRON
amfbr-564	22	7	was	be	AUX
amfbr-564	22	8	initially	initially	ADV
amfbr-564	22	9	due	due	ADJ
amfbr-564	22	10	to	to	ADP
amfbr-564	22	11	schumpeter	schumpeter	NOUN
amfbr-564	22	12	(	(	PUNCT
amfbr-564	22	13	1912	1912	NUM
amfbr-564	22	14	)	)	PUNCT
amfbr-564	22	15	,	,	PUNCT
amfbr-564	22	16	and	and	CCONJ
amfbr-564	22	17	popularized	popularize	VERB
amfbr-564	22	18	by	by	ADP
amfbr-564	22	19	levine	levine	PROPN
amfbr-564	22	20	and	and	CCONJ
amfbr-564	22	21	king	king	NOUN
amfbr-564	22	22	(	(	PUNCT
amfbr-564	22	23	1997	1997	NUM
amfbr-564	22	24	)	)	PUNCT
amfbr-564	22	25	,	,	PUNCT
amfbr-564	22	26	states	state	VERB
amfbr-564	22	27	financial	financial	ADJ
amfbr-564	22	28	development	development	NOUN
amfbr-564	22	29	is	be	AUX
amfbr-564	22	30	a	a	DET
amfbr-564	22	31	precursor	precursor	NOUN
amfbr-564	22	32	for	for	ADP
amfbr-564	22	33	and	and	CCONJ
amfbr-564	22	34	causes	cause	VERB
amfbr-564	22	35	economic	economic	ADJ
amfbr-564	22	36	growth	growth	NOUN
amfbr-564	22	37	.	.	PUNCT
amfbr-564	23	1	if	if	SCONJ
amfbr-564	23	2	savings	saving	NOUN
amfbr-564	23	3	are	be	AUX
amfbr-564	23	4	efficiently	efficiently	ADV
amfbr-564	23	5	mobilized	mobilize	VERB
amfbr-564	23	6	and	and	CCONJ
amfbr-564	23	7	channelled	channel	VERB
amfbr-564	23	8	into	into	ADP
amfbr-564	23	9	productive	productive	ADJ
amfbr-564	23	10	activities	activity	NOUN
amfbr-564	23	11	,	,	PUNCT
amfbr-564	23	12	there	there	PRON
amfbr-564	23	13	would	would	AUX
amfbr-564	23	14	be	be	AUX
amfbr-564	23	15	a	a	DET
amfbr-564	23	16	significant	significant	ADJ
amfbr-564	23	17	increase	increase	NOUN
amfbr-564	23	18	in	in	ADP
amfbr-564	23	19	economic	economic	ADJ
amfbr-564	23	20	growth	growth	NOUN
amfbr-564	23	21	.	.	PUNCT
amfbr-564	24	1	although	although	SCONJ
amfbr-564	24	2	,	,	PUNCT
amfbr-564	24	3	numerous	numerous	ADJ
amfbr-564	24	4	studies	study	NOUN
amfbr-564	24	5	(	(	PUNCT
amfbr-564	24	6	both	both	CCONJ
amfbr-564	24	7	in	in	ADP
amfbr-564	24	8	nigeria	nigeria	PROPN
amfbr-564	24	9	and	and	CCONJ
amfbr-564	24	10	other	other	ADJ
amfbr-564	24	11	developing	develop	VERB
amfbr-564	24	12	and	and	CCONJ
amfbr-564	24	13	developed	developed	ADJ
amfbr-564	24	14	countries	country	NOUN
amfbr-564	24	15	)	)	PUNCT
amfbr-564	24	16	have	have	AUX
amfbr-564	24	17	subjected	subject	VERB
amfbr-564	24	18	this	this	DET
amfbr-564	24	19	theoretical	theoretical	ADJ
amfbr-564	24	20	assertion	assertion	NOUN
amfbr-564	24	21	to	to	ADP
amfbr-564	24	22	empirical	empirical	ADJ
amfbr-564	24	23	tests	test	NOUN
amfbr-564	24	24	,	,	PUNCT
amfbr-564	24	25	there	there	PRON
amfbr-564	24	26	is	be	VERB
amfbr-564	24	27	not	not	PART
amfbr-564	24	28	yet	yet	ADV
amfbr-564	24	29	a	a	DET
amfbr-564	24	30	consensus	consensus	NOUN
amfbr-564	24	31	.	.	PUNCT
amfbr-564	25	1	however	however	ADV
amfbr-564	25	2	,	,	PUNCT
amfbr-564	25	3	recent	recent	ADJ
amfbr-564	25	4	evidence	evidence	NOUN
amfbr-564	25	5	reported	report	VERB
amfbr-564	25	6	in	in	ADP
amfbr-564	25	7	the	the	DET
amfbr-564	25	8	empirical	empirical	ADJ
amfbr-564	25	9	literature	literature	NOUN
amfbr-564	25	10	tends	tend	VERB
amfbr-564	25	11	to	to	PART
amfbr-564	25	12	support	support	VERB
amfbr-564	25	13	the	the	DET
amfbr-564	25	14	view	view	NOUN
amfbr-564	25	15	that	that	SCONJ
amfbr-564	25	16	financial	financial	ADJ
amfbr-564	25	17	sector	sector	NOUN
amfbr-564	25	18	development	development	NOUN
amfbr-564	25	19	can	can	AUX
amfbr-564	25	20	trigger	trigger	VERB
amfbr-564	25	21	economic	economic	ADJ
amfbr-564	25	22	growth	growth	NOUN
amfbr-564	25	23	.	.	PUNCT
amfbr-564	26	1	these	these	DET
amfbr-564	26	2	studies	study	NOUN
amfbr-564	26	3	include	include	VERB
amfbr-564	26	4	ipeghan	ipeghan	PROPN
amfbr-564	26	5	and	and	CCONJ
amfbr-564	26	6	marshall	marshall	PROPN
amfbr-564	26	7	(	(	PUNCT
amfbr-564	26	8	2019	2019	NUM
amfbr-564	26	9	)	)	PUNCT
amfbr-564	26	10	,	,	PUNCT
amfbr-564	26	11	olaniyan(2019	olaniyan(2019	PRON
amfbr-564	26	12	)	)	PUNCT
amfbr-564	26	13	,	,	PUNCT
amfbr-564	26	14	ncanywa	ncanywa	NOUN
amfbr-564	26	15	and	and	CCONJ
amfbr-564	26	16	mabusela(2019	mabusela(2019	NOUN
amfbr-564	26	17	)	)	PUNCT
amfbr-564	26	18	,	,	PUNCT
amfbr-564	26	19	olayungbo	olayungbo	PROPN
amfbr-564	26	20	and	and	CCONJ
amfbr-564	26	21	quadri(2019	quadri(2019	NOUN
amfbr-564	26	22	)	)	PUNCT
amfbr-564	26	23	and	and	CCONJ
amfbr-564	26	24	okunlola	okunlola	PROPN
amfbr-564	26	25	,	,	PUNCT
amfbr-564	26	26	masade	masade	PROPN
amfbr-564	26	27	,	,	PUNCT
amfbr-564	26	28	folaranmi	folaranmi	ADJ
amfbr-564	26	29	lukman	lukman	NOUN
amfbr-564	26	30	and	and	CCONJ
amfbr-564	26	31	ajayi	ajayi	NOUN
amfbr-564	26	32	abiodun(2020	abiodun(2020	PROPN
amfbr-564	26	33	)	)	PUNCT
amfbr-564	26	34	.	.	PUNCT
amfbr-564	27	1	ibrahim	ibrahim	PROPN
amfbr-564	27	2	,	,	PUNCT
amfbr-564	27	3	abdullahi	abdullahi	PROPN
amfbr-564	27	4	,	,	PUNCT
amfbr-564	27	5	azman	azman	PROPN
amfbr-564	27	6	-	-	PUNCT
amfbr-564	27	7	saini	saini	PROPN
amfbr-564	27	8	and	and	CCONJ
amfbr-564	27	9	rahman	rahman	PROPN
amfbr-564	27	10	(	(	PUNCT
amfbr-564	27	11	2017	2017	NUM
amfbr-564	27	12	)	)	PUNCT
amfbr-564	27	13	employed	employ	VERB
amfbr-564	27	14	the	the	DET
amfbr-564	27	15	dynamic	dynamic	ADJ
amfbr-564	27	16	panel	panel	NOUN
amfbr-564	27	17	gmm	gmm	PROPN
amfbr-564	27	18	method	method	VERB
amfbr-564	27	19	to	to	PART
amfbr-564	27	20	investigate	investigate	VERB
amfbr-564	27	21	the	the	DET
amfbr-564	27	22	effects	effect	NOUN
amfbr-564	27	23	of	of	ADP
amfbr-564	27	24	both	both	DET
amfbr-564	27	25	banking	banking	NOUN
amfbr-564	27	26	sector	sector	NOUN
amfbr-564	27	27	and	and	CCONJ
amfbr-564	27	28	stock	stock	NOUN
amfbr-564	27	29	market	market	NOUN
amfbr-564	27	30	developments	development	NOUN
amfbr-564	27	31	on	on	ADP
amfbr-564	27	32	economic	economic	ADJ
amfbr-564	27	33	growth	growth	NOUN
amfbr-564	27	34	for	for	ADP
amfbr-564	27	35	53	53	NUM
amfbr-564	27	36	countries	country	NOUN
amfbr-564	27	37	from	from	ADP
amfbr-564	27	38	1988	1988	NUM
amfbr-564	27	39	to	to	ADP
amfbr-564	27	40	2012	2012	NUM
amfbr-564	27	41	.	.	PUNCT
amfbr-564	28	1	consistent	consistent	ADJ
amfbr-564	28	2	with	with	ADP
amfbr-564	28	3	the	the	DET
amfbr-564	28	4	supply	supply	NOUN
amfbr-564	28	5	-	-	PUNCT
amfbr-564	28	6	leading	lead	VERB
amfbr-564	28	7	hypothesis	hypothesis	NOUN
amfbr-564	28	8	,	,	PUNCT
amfbr-564	28	9	they	they	PRON
amfbr-564	28	10	found	find	VERB
amfbr-564	28	11	that	that	SCONJ
amfbr-564	28	12	both	both	PRON
amfbr-564	28	13	stock	stock	NOUN
amfbr-564	28	14	market	market	NOUN
amfbr-564	28	15	and	and	CCONJ
amfbr-564	28	16	banking	banking	NOUN
amfbr-564	28	17	sector	sector	NOUN
amfbr-564	28	18	developments	development	NOUN
amfbr-564	28	19	are	be	AUX
amfbr-564	28	20	necessary	necessary	ADJ
amfbr-564	28	21	ingredients	ingredient	NOUN
amfbr-564	28	22	for	for	ADP
amfbr-564	28	23	economic	economic	ADJ
amfbr-564	28	24	growth	growth	NOUN
amfbr-564	28	25	.	.	PUNCT
amfbr-564	29	1	ipeghan	ipeghan	PROPN
amfbr-564	29	2	and	and	CCONJ
amfbr-564	29	3	marshall	marshall	PROPN
amfbr-564	29	4	(	(	PUNCT
amfbr-564	29	5	2019	2019	NUM
amfbr-564	29	6	)	)	PUNCT
amfbr-564	29	7	contributed	contribute	VERB
amfbr-564	29	8	to	to	ADP
amfbr-564	29	9	the	the	DET
amfbr-564	29	10	finance	finance	NOUN
amfbr-564	29	11	-	-	PUNCT
amfbr-564	29	12	growth	growth	NOUN
amfbr-564	29	13	literature	literature	NOUN
amfbr-564	29	14	by	by	ADP
amfbr-564	29	15	empirically	empirically	ADV
amfbr-564	29	16	testing	test	VERB
amfbr-564	29	17	the	the	DET
amfbr-564	29	18	effects	effect	NOUN
amfbr-564	29	19	capital	capital	NOUN
amfbr-564	29	20	market	market	NOUN
amfbr-564	29	21	and	and	CCONJ
amfbr-564	29	22	credit	credit	NOUN
amfbr-564	29	23	market	market	NOUN
amfbr-564	29	24	on	on	ADP
amfbr-564	29	25	economic	economic	ADJ
amfbr-564	29	26	growth	growth	NOUN
amfbr-564	29	27	using	use	VERB
amfbr-564	29	28	nigerian	nigerian	ADJ
amfbr-564	29	29	data	datum	NOUN
amfbr-564	29	30	at	at	ADP
amfbr-564	29	31	yearly	yearly	ADJ
amfbr-564	29	32	frequency	frequency	NOUN
amfbr-564	29	33	spanning	span	VERB
amfbr-564	29	34	from	from	ADP
amfbr-564	29	35	1981	1981	NUM
amfbr-564	29	36	to	to	ADP
amfbr-564	29	37	2017	2017	NUM
amfbr-564	29	38	.	.	PUNCT
amfbr-564	30	1	using	use	VERB
amfbr-564	30	2	the	the	DET
amfbr-564	30	3	johansen	johansen	PROPN
amfbr-564	30	4	cointegrating	cointegrate	VERB
amfbr-564	30	5	framework	framework	NOUN
amfbr-564	30	6	and	and	CCONJ
amfbr-564	30	7	pairwise	pairwise	NOUN
amfbr-564	30	8	granger	granger	PROPN
amfbr-564	30	9	causality	causality	PROPN
amfbr-564	30	10	test	test	NOUN
amfbr-564	30	11	,	,	PUNCT
amfbr-564	30	12	they	they	PRON
amfbr-564	30	13	found	find	VERB
amfbr-564	30	14	that	that	SCONJ
amfbr-564	30	15	both	both	PRON
amfbr-564	30	16	capital	capital	NOUN
amfbr-564	30	17	market	market	NOUN
amfbr-564	30	18	and	and	CCONJ
amfbr-564	30	19	banking	banking	NOUN
amfbr-564	30	20	sector	sector	NOUN
amfbr-564	30	21	development	development	NOUN
amfbr-564	30	22	scan	scan	PROPN
amfbr-564	30	23	significantly	significantly	ADV
amfbr-564	30	24	affect	affect	VERB
amfbr-564	30	25	,	,	PUNCT
amfbr-564	30	26	and	and	CCONJ
amfbr-564	30	27	are	be	AUX
amfbr-564	30	28	cointegrated	cointegrate	VERB
amfbr-564	30	29	with	with	ADP
amfbr-564	30	30	,	,	PUNCT
amfbr-564	30	31	economic	economic	ADJ
amfbr-564	30	32	growth	growth	NOUN
amfbr-564	30	33	.	.	PUNCT
amfbr-564	31	1	olaniyan(2019	olaniyan(2019	PRON
amfbr-564	31	2	)	)	PUNCT
amfbr-564	31	3	used	use	VERB
amfbr-564	31	4	the	the	DET
amfbr-564	31	5	instrumental	instrumental	ADJ
amfbr-564	31	6	generalized	generalized	ADJ
amfbr-564	31	7	method	method	NOUN
amfbr-564	31	8	of	of	ADP
amfbr-564	31	9	moment	moment	NOUN
amfbr-564	31	10	approach	approach	NOUN
amfbr-564	31	11	to	to	PART
amfbr-564	31	12	examine	examine	VERB
amfbr-564	31	13	the	the	DET
amfbr-564	31	14	finance	finance	NOUN
amfbr-564	31	15	-	-	PUNCT
amfbr-564	31	16	growth	growth	NOUN
amfbr-564	31	17	relationship	relationship	NOUN
amfbr-564	31	18	in	in	ADP
amfbr-564	31	19	nigeria	nigeria	PROPN
amfbr-564	31	20	from	from	ADP
amfbr-564	31	21	1977	1977	NUM
amfbr-564	31	22	to	to	ADP
amfbr-564	31	23	2017	2017	NUM
amfbr-564	31	24	.	.	PUNCT
amfbr-564	32	1	he	he	PRON
amfbr-564	32	2	incorporated	incorporate	VERB
amfbr-564	32	3	the	the	DET
amfbr-564	32	4	interactive	interactive	ADJ
amfbr-564	32	5	effect	effect	NOUN
amfbr-564	32	6	of	of	ADP
amfbr-564	32	7	remittances	remittance	NOUN
amfbr-564	32	8	and	and	CCONJ
amfbr-564	32	9	financial	financial	ADJ
amfbr-564	32	10	development	development	NOUN
amfbr-564	32	11	in	in	ADP
amfbr-564	32	12	the	the	DET
amfbr-564	32	13	growth	growth	NOUN
amfbr-564	32	14	model	model	NOUN
amfbr-564	32	15	and	and	CCONJ
amfbr-564	32	16	argues	argue	VERB
amfbr-564	32	17	that	that	SCONJ
amfbr-564	32	18	it	it	PRON
amfbr-564	32	19	can	can	AUX
amfbr-564	32	20	improve	improve	VERB
amfbr-564	32	21	growth	growth	NOUN
amfbr-564	32	22	estimate	estimate	NOUN
amfbr-564	32	23	.	.	PUNCT
amfbr-564	33	1	fitting	fit	VERB
amfbr-564	33	2	the	the	DET
amfbr-564	33	3	resultant	resultant	NOUN
amfbr-564	33	4	growth	growth	NOUN
amfbr-564	33	5	model	model	NOUN
amfbr-564	33	6	to	to	ADP
amfbr-564	33	7	yearly	yearly	ADJ
amfbr-564	33	8	data	datum	NOUN
amfbr-564	33	9	obtained	obtain	VERB
amfbr-564	33	10	from	from	ADP
amfbr-564	33	11	the	the	DET
amfbr-564	33	12	world	world	NOUN
amfbr-564	33	13	development	development	NOUN
amfbr-564	33	14	indicators	indicator	NOUN
amfbr-564	33	15	database	database	NOUN
amfbr-564	33	16	reveals	reveal	VERB
amfbr-564	33	17	that	that	SCONJ
amfbr-564	33	18	although	although	SCONJ
amfbr-564	33	19	,	,	PUNCT
amfbr-564	33	20	both	both	PRON
amfbr-564	33	21	remittances	remittance	NOUN
amfbr-564	33	22	and	and	CCONJ
amfbr-564	33	23	financial	financial	ADJ
amfbr-564	33	24	development	development	NOUN
amfbr-564	33	25	(	(	PUNCT
amfbr-564	33	26	credit	credit	NOUN
amfbr-564	33	27	to	to	ADP
amfbr-564	33	28	private	private	ADJ
amfbr-564	33	29	sector	sector	NOUN
amfbr-564	33	30	ratio	ratio	NOUN
amfbr-564	33	31	to	to	ADP
amfbr-564	33	32	gdp	gdp	NOUN
amfbr-564	33	33	)	)	PUNCT
amfbr-564	33	34	individually	individually	ADV
amfbr-564	33	35	affect	affect	VERB
amfbr-564	33	36	economic	economic	ADJ
amfbr-564	33	37	growth	growth	NOUN
amfbr-564	33	38	negatively	negatively	ADV
amfbr-564	33	39	,	,	PUNCT
amfbr-564	33	40	their	their	PRON
amfbr-564	33	41	interaction	interaction	NOUN
amfbr-564	33	42	plays	play	VERB
amfbr-564	33	43	a	a	DET
amfbr-564	33	44	positive	positive	ADJ
amfbr-564	33	45	and	and	CCONJ
amfbr-564	33	46	highly	highly	ADV
amfbr-564	33	47	significant	significant	ADJ
amfbr-564	33	48	role	role	NOUN
amfbr-564	33	49	in	in	ADP
amfbr-564	33	50	the	the	DET
amfbr-564	33	51	growth	growth	NOUN
amfbr-564	33	52	model	model	NOUN
amfbr-564	33	53	.	.	PUNCT
amfbr-564	34	1	ncanywa	ncanywa	PROPN
amfbr-564	34	2	and	and	CCONJ
amfbr-564	34	3	mabusela(2019)employed	mabusela(2019)employe	VERB
amfbr-564	34	4	the	the	DET
amfbr-564	34	5	dynamic	dynamic	ADJ
amfbr-564	34	6	panel	panel	NOUN
amfbr-564	34	7	ardl	ardl	NOUN
amfbr-564	34	8	framework	framework	NOUN
amfbr-564	34	9	to	to	PART
amfbr-564	34	10	test	test	VERB
amfbr-564	34	11	the	the	DET
amfbr-564	34	12	link	link	NOUN
amfbr-564	34	13	between	between	ADP
amfbr-564	34	14	financial	financial	ADJ
amfbr-564	34	15	development	development	NOUN
amfbr-564	34	16	and	and	CCONJ
amfbr-564	34	17	economic	economic	ADJ
amfbr-564	34	18	growth	growth	NOUN
amfbr-564	34	19	in	in	ADP
amfbr-564	34	20	five	five	NUM
amfbr-564	34	21	sub	sub	ADJ
amfbr-564	34	22	-	-	ADJ
amfbr-564	34	23	saharan	saharan	ADJ
amfbr-564	34	24	african	african	ADJ
amfbr-564	34	25	countries	country	NOUN
amfbr-564	34	26	;	;	PUNCT
amfbr-564	34	27	namely	namely	ADV
amfbr-564	34	28	,	,	PUNCT
amfbr-564	34	29	ghana	ghana	PROPN
amfbr-564	34	30	,	,	PUNCT
amfbr-564	34	31	kenya	kenya	PROPN
amfbr-564	34	32	,	,	PUNCT
amfbr-564	34	33	botswana	botswana	PROPN
amfbr-564	34	34	,	,	PUNCT
amfbr-564	34	35	nigeria	nigeria	PROPN
amfbr-564	34	36	and	and	CCONJ
amfbr-564	34	37	south	south	PROPN
amfbr-564	34	38	africa	africa	PROPN
amfbr-564	34	39	,	,	PUNCT
amfbr-564	34	40	using	use	VERB
amfbr-564	34	41	yearly	yearly	ADJ
amfbr-564	34	42	data	datum	NOUN
amfbr-564	34	43	from	from	ADP
amfbr-564	34	44	1980	1980	NUM
amfbr-564	34	45	to	to	ADP
amfbr-564	34	46	2014	2014	NUM
amfbr-564	34	47	.	.	PUNCT
amfbr-564	35	1	they	they	PRON
amfbr-564	35	2	found	find	VERB
amfbr-564	35	3	the	the	DET
amfbr-564	35	4	presence	presence	NOUN
amfbr-564	35	5	of	of	ADP
amfbr-564	35	6	both	both	DET
amfbr-564	35	7	short	short	ADJ
amfbr-564	35	8	run	run	NOUN
amfbr-564	35	9	and	and	CCONJ
amfbr-564	35	10	long	long	ADJ
amfbr-564	35	11	run	run	NOUN
amfbr-564	35	12	relationship	relationship	NOUN
amfbr-564	35	13	between	between	ADP
amfbr-564	35	14	financial	financial	ADJ
amfbr-564	35	15	development	development	NOUN
amfbr-564	35	16	and	and	CCONJ
amfbr-564	35	17	economic	economic	ADJ
amfbr-564	35	18	growth	growth	NOUN
amfbr-564	35	19	,	,	PUNCT
amfbr-564	35	20	with	with	ADP
amfbr-564	35	21	credit	credit	NOUN
amfbr-564	35	22	to	to	ADP
amfbr-564	35	23	private	private	ADJ
amfbr-564	35	24	sector	sector	NOUN
amfbr-564	35	25	and	and	CCONJ
amfbr-564	35	26	bank	bank	NOUN
amfbr-564	35	27	liquid	liquid	ADJ
amfbr-564	35	28	liabilities	liability	NOUN
amfbr-564	35	29	both	both	PRON
amfbr-564	35	30	exerting	exert	VERB
amfbr-564	35	31	a	a	DET
amfbr-564	35	32	positive	positive	ADJ
amfbr-564	35	33	long	long	ADJ
amfbr-564	35	34	run	run	NOUN
amfbr-564	35	35	effect	effect	NOUN
amfbr-564	35	36	on	on	ADP
amfbr-564	35	37	economic	economic	ADJ
amfbr-564	35	38	growth	growth	NOUN
amfbr-564	35	39	,	,	PUNCT
amfbr-564	35	40	while	while	SCONJ
amfbr-564	35	41	domestic	domestic	ADJ
amfbr-564	35	42	savings	saving	NOUN
amfbr-564	35	43	exerts	exert	VERB
amfbr-564	35	44	a	a	DET
amfbr-564	35	45	negative	negative	ADJ
amfbr-564	35	46	effect	effect	NOUN
amfbr-564	35	47	.	.	PUNCT
amfbr-564	36	1	olayungbo	olayungbo	PROPN
amfbr-564	36	2	and	and	CCONJ
amfbr-564	36	3	quadri(2019)employed	quadri(2019)employe	VERB
amfbr-564	36	4	both	both	CCONJ
amfbr-564	36	5	the	the	DET
amfbr-564	36	6	pooled	pool	VERB
amfbr-564	36	7	mean	mean	NOUN
amfbr-564	36	8	group	group	NOUN
amfbr-564	36	9	ardl	ardl	NOUN
amfbr-564	36	10	framework	framework	NOUN
amfbr-564	36	11	to	to	PART
amfbr-564	36	12	model	model	VERB
amfbr-564	36	13	the	the	DET
amfbr-564	36	14	relationship	relationship	NOUN
amfbr-564	36	15	between	between	ADP
amfbr-564	36	16	financial	financial	ADJ
amfbr-564	36	17	development	development	NOUN
amfbr-564	36	18	and	and	CCONJ
amfbr-564	36	19	economic	economic	ADJ
amfbr-564	36	20	growth	growth	NOUN
amfbr-564	36	21	incorporating	incorporate	VERB
amfbr-564	36	22	the	the	DET
amfbr-564	36	23	both	both	CCONJ
amfbr-564	36	24	the	the	DET
amfbr-564	36	25	direct	direct	ADJ
amfbr-564	36	26	and	and	CCONJ
amfbr-564	36	27	interaction	interaction	NOUN
amfbr-564	36	28	effect	effect	NOUN
amfbr-564	36	29	of	of	ADP
amfbr-564	36	30	remittances	remittance	NOUN
amfbr-564	36	31	.	.	PUNCT
amfbr-564	37	1	the	the	DET
amfbr-564	37	2	study	study	NOUN
amfbr-564	37	3	focuses	focus	VERB
amfbr-564	37	4	on	on	ADP
amfbr-564	37	5	sub	sub	ADJ
amfbr-564	37	6	-	-	ADJ
amfbr-564	37	7	saharan	saharan	ADJ
amfbr-564	37	8	countries	country	NOUN
amfbr-564	37	9	and	and	CCONJ
amfbr-564	37	10	is	be	AUX
amfbr-564	37	11	based	base	VERB
amfbr-564	37	12	on	on	ADP
amfbr-564	37	13	yearly	yearly	ADJ
amfbr-564	37	14	data	datum	NOUN
amfbr-564	37	15	for	for	ADP
amfbr-564	37	16	20	20	NUM
amfbr-564	37	17	countries	country	NOUN
amfbr-564	37	18	from	from	ADP
amfbr-564	37	19	2000	2000	NUM
amfbr-564	37	20	to	to	ADP
amfbr-564	37	21	2015	2015	NUM
amfbr-564	37	22	which	which	PRON
amfbr-564	37	23	were	be	AUX
amfbr-564	37	24	collected	collect	VERB
amfbr-564	37	25	from	from	ADP
amfbr-564	37	26	the	the	DET
amfbr-564	37	27	world	world	NOUN
amfbr-564	37	28	development	development	NOUN
amfbr-564	37	29	indicators	indicator	NOUN
amfbr-564	37	30	data	datum	NOUN
amfbr-564	37	31	based	base	VERB
amfbr-564	37	32	.	.	PUNCT
amfbr-564	38	1	they	they	PRON
amfbr-564	38	2	found	find	VERB
amfbr-564	38	3	amongst	amongst	ADP
amfbr-564	38	4	others	other	NOUN
amfbr-564	38	5	that	that	SCONJ
amfbr-564	38	6	both	both	CCONJ
amfbr-564	38	7	financial	financial	ADJ
amfbr-564	38	8	development	development	NOUN
amfbr-564	38	9	and	and	CCONJ
amfbr-564	38	10	remittances	remittance	NOUN
amfbr-564	38	11	exhibit	exhibit	VERB
amfbr-564	38	12	a	a	DET
amfbr-564	38	13	positive	positive	ADJ
amfbr-564	38	14	effect	effect	NOUN
amfbr-564	38	15	on	on	ADP
amfbr-564	38	16	economic	economic	ADJ
amfbr-564	38	17	growth	growth	NOUN
amfbr-564	38	18	.	.	PUNCT
amfbr-564	39	1	more	more	ADV
amfbr-564	39	2	recently	recently	ADV
amfbr-564	39	3	,	,	PUNCT
amfbr-564	39	4	okunlola	okunlola	PROPN
amfbr-564	39	5	,	,	PUNCT
amfbr-564	39	6	masade	masade	PROPN
amfbr-564	39	7	,	,	PUNCT
amfbr-564	39	8	folaranmi	folaranmi	ADJ
amfbr-564	39	9	lukman	lukman	NOUN
amfbr-564	39	10	and	and	CCONJ
amfbr-564	39	11	ajayi	ajayi	NOUN
amfbr-564	39	12	abiodun(2020)examined	abiodun(2020)examine	VERB
amfbr-564	39	13	the	the	DET
amfbr-564	39	14	finance	finance	NOUN
amfbr-564	39	15	-	-	PUNCT
amfbr-564	39	16	growth	growth	NOUN
amfbr-564	39	17	nexus	nexus	NOUN
amfbr-564	39	18	in	in	ADP
amfbr-564	39	19	nigeria	nigeria	PROPN
amfbr-564	39	20	using	use	VERB
amfbr-564	39	21	the	the	DET
amfbr-564	39	22	causality	causality	NOUN
amfbr-564	39	23	framework	framework	NOUN
amfbr-564	39	24	developed	develop	VERB
amfbr-564	39	25	by	by	ADP
amfbr-564	39	26	toda	toda	PROPN
amfbr-564	39	27	and	and	CCONJ
amfbr-564	39	28	yamamoto	yamamoto	PROPN
amfbr-564	39	29	(	(	PUNCT
amfbr-564	39	30	1995	1995	NUM
amfbr-564	39	31	)	)	PUNCT
amfbr-564	39	32	which	which	PRON
amfbr-564	39	33	is	be	AUX
amfbr-564	39	34	based	base	VERB
amfbr-564	39	35	on	on	ADP
amfbr-564	39	36	augmented	augment	VERB
amfbr-564	39	37	var	var	NOUN
amfbr-564	39	38	.	.	PUNCT
amfbr-564	40	1	based	base	VERB
amfbr-564	40	2	on	on	ADP
amfbr-564	40	3	yearly	yearly	ADJ
amfbr-564	40	4	data	datum	NOUN
amfbr-564	40	5	from	from	ADP
amfbr-564	40	6	1985	1985	NUM
amfbr-564	40	7	to	to	ADP
amfbr-564	40	8	2015	2015	NUM
amfbr-564	40	9	collected	collect	VERB
amfbr-564	40	10	from	from	ADP
amfbr-564	40	11	cbn	cbn	PROPN
amfbr-564	40	12	,	,	PUNCT
amfbr-564	40	13	nbs	nbs	PROPN
amfbr-564	40	14	and	and	CCONJ
amfbr-564	40	15	nse	nse	NOUN
amfbr-564	40	16	,	,	PUNCT
amfbr-564	40	17	they	they	PRON
amfbr-564	40	18	find	find	VERB
amfbr-564	40	19	evidence	evidence	NOUN
amfbr-564	40	20	supporting	support	VERB
amfbr-564	40	21	the	the	DET
amfbr-564	40	22	supply	supply	NOUN
amfbr-564	40	23	-	-	PUNCT
amfbr-564	40	24	leading	lead	VERB
amfbr-564	40	25	theory	theory	NOUN
amfbr-564	40	26	which	which	PRON
amfbr-564	40	27	asserts	assert	VERB
amfbr-564	40	28	that	that	SCONJ
amfbr-564	40	29	the	the	DET
amfbr-564	40	30	level	level	NOUN
amfbr-564	40	31	of	of	ADP
amfbr-564	40	32	financial	financial	ADJ
amfbr-564	40	33	development	development	NOUN
amfbr-564	40	34	matters	matter	NOUN
amfbr-564	40	35	for	for	ADP
amfbr-564	40	36	economic	economic	ADJ
amfbr-564	40	37	growth	growth	NOUN
amfbr-564	40	38	.	.	PUNCT
amfbr-564	41	1	2.2	2.2	NUM
amfbr-564	41	2	financial	financial	ADJ
amfbr-564	41	3	conditions	condition	NOUN
amfbr-564	41	4	index	index	NOUN
amfbr-564	41	5	and	and	CCONJ
amfbr-564	41	6	economic	economic	ADJ
amfbr-564	41	7	performance	performance	NOUN
amfbr-564	41	8	there	there	PRON
amfbr-564	41	9	is	be	VERB
amfbr-564	41	10	a	a	DET
amfbr-564	41	11	growing	grow	VERB
amfbr-564	41	12	body	body	NOUN
amfbr-564	41	13	of	of	ADP
amfbr-564	41	14	literature	literature	NOUN
amfbr-564	41	15	on	on	ADP
amfbr-564	41	16	the	the	DET
amfbr-564	41	17	relationship	relationship	NOUN
amfbr-564	41	18	between	between	ADP
amfbr-564	41	19	financial	financial	ADJ
amfbr-564	41	20	conditions	condition	NOUN
amfbr-564	41	21	index	index	NOUN
amfbr-564	41	22	and	and	CCONJ
amfbr-564	41	23	the	the	DET
amfbr-564	41	24	behaviour	behaviour	NOUN
amfbr-564	41	25	of	of	ADP
amfbr-564	41	26	real	real	ADJ
amfbr-564	41	27	economic	economic	ADJ
amfbr-564	41	28	variables	variable	NOUN
amfbr-564	41	29	.	.	PUNCT
amfbr-564	42	1	what	what	PRON
amfbr-564	42	2	appears	appear	VERB
amfbr-564	42	3	to	to	PART
amfbr-564	42	4	be	be	AUX
amfbr-564	42	5	the	the	DET
amfbr-564	42	6	emerging	emerge	VERB
amfbr-564	42	7	consensus	consensus	NOUN
amfbr-564	42	8	is	be	AUX
amfbr-564	42	9	that	that	SCONJ
amfbr-564	42	10	financial	financial	ADJ
amfbr-564	42	11	conditions	condition	NOUN
amfbr-564	42	12	index	index	NOUN
amfbr-564	42	13	can	can	AUX
amfbr-564	42	14	usefully	usefully	ADV
amfbr-564	42	15	predict	predict	VERB
amfbr-564	42	16	future	future	ADJ
amfbr-564	42	17	direction	direction	NOUN
amfbr-564	42	18	of	of	ADP
amfbr-564	42	19	economic	economic	ADJ
amfbr-564	42	20	variables	variable	NOUN
amfbr-564	42	21	such	such	ADJ
amfbr-564	42	22	as	as	ADP
amfbr-564	42	23	growth	growth	NOUN
amfbr-564	42	24	rate	rate	NOUN
amfbr-564	42	25	in	in	ADP
amfbr-564	42	26	real	real	ADJ
amfbr-564	42	27	gdp	gdp	NOUN
amfbr-564	42	28	and	and	CCONJ
amfbr-564	42	29	level	level	NOUN
amfbr-564	42	30	of	of	ADP
amfbr-564	42	31	inflation	inflation	NOUN
amfbr-564	42	32	.	.	PUNCT
amfbr-564	43	1	however	however	ADV
amfbr-564	43	2	,	,	PUNCT
amfbr-564	43	3	it	it	PRON
amfbr-564	43	4	appears	appear	VERB
amfbr-564	43	5	that	that	SCONJ
amfbr-564	43	6	no	no	DET
amfbr-564	43	7	recent	recent	ADJ
amfbr-564	43	8	empirical	empirical	ADJ
amfbr-564	43	9	study	study	NOUN
amfbr-564	43	10	has	have	AUX
amfbr-564	43	11	focused	focus	VERB
amfbr-564	43	12	in	in	ADP
amfbr-564	43	13	line	line	NOUN
amfbr-564	43	14	of	of	ADP
amfbr-564	43	15	inquiry	inquiry	NOUN
amfbr-564	43	16	in	in	ADP
amfbr-564	43	17	nigeria	nigeria	PROPN
amfbr-564	43	18	.	.	PUNCT
amfbr-564	44	1	swiston	swiston	NOUN
amfbr-564	44	2	(	(	PUNCT
amfbr-564	44	3	2008	2008	NUM
amfbr-564	44	4	)	)	PUNCT
amfbr-564	44	5	employs	employ	VERB
amfbr-564	44	6	var	var	NOUN
amfbr-564	44	7	based	base	VERB
amfbr-564	44	8	impulse	impulse	ADJ
amfbr-564	44	9	-	-	PUNCT
amfbr-564	44	10	response	response	NOUN
amfbr-564	44	11	functions	function	NOUN
amfbr-564	44	12	to	to	PART
amfbr-564	44	13	construct	construct	VERB
amfbr-564	44	14	a	a	DET
amfbr-564	44	15	financial	financial	ADJ
amfbr-564	44	16	conditions	condition	NOUN
amfbr-564	44	17	index	index	NOUN
amfbr-564	44	18	for	for	ADP
amfbr-564	44	19	us	we	PRON
amfbr-564	44	20	.	.	PUNCT
amfbr-564	45	1	they	they	PRON
amfbr-564	45	2	found	find	VERB
amfbr-564	45	3	that	that	SCONJ
amfbr-564	45	4	credit	credit	NOUN
amfbr-564	45	5	availability	availability	NOUN
amfbr-564	45	6	is	be	AUX
amfbr-564	45	7	an	an	DET
amfbr-564	45	8	important	important	ADJ
amfbr-564	45	9	driver	driver	NOUN
amfbr-564	45	10	of	of	ADP
amfbr-564	45	11	the	the	DET
amfbr-564	45	12	business	business	NOUN
amfbr-564	45	13	cycle	cycle	NOUN
amfbr-564	45	14	,	,	PUNCT
amfbr-564	45	15	and	and	CCONJ
amfbr-564	45	16	accounts	account	VERB
amfbr-564	45	17	for	for	ADP
amfbr-564	45	18	more	more	ADJ
amfbr-564	45	19	than	than	ADP
amfbr-564	45	20	20	20	NUM
amfbr-564	45	21	%	%	NOUN
amfbr-564	45	22	of	of	ADP
amfbr-564	45	23	the	the	DET
amfbr-564	45	24	typical	typical	ADJ
amfbr-564	45	25	contribution	contribution	NOUN
amfbr-564	45	26	of	of	ADP
amfbr-564	45	27	financial	financial	ADJ
amfbr-564	45	28	variables	variable	NOUN
amfbr-564	45	29	to	to	ADP
amfbr-564	45	30	economic	economic	ADJ
amfbr-564	45	31	growth	growth	NOUN
amfbr-564	45	32	.	.	PUNCT
amfbr-564	46	1	they	they	PRON
amfbr-564	46	2	also	also	ADV
amfbr-564	46	3	found	find	VERB
amfbr-564	46	4	that	that	SCONJ
amfbr-564	46	5	the	the	DET
amfbr-564	46	6	constructed	construct	VERB
amfbr-564	46	7	financial	financial	ADJ
amfbr-564	46	8	conditions	condition	NOUN
amfbr-564	46	9	index	index	NOUN
amfbr-564	46	10	is	be	AUX
amfbr-564	46	11	a	a	DET
amfbr-564	46	12	precise	precise	ADJ
amfbr-564	46	13	predictor	predictor	NOUN
amfbr-564	46	14	of	of	ADP
amfbr-564	46	15	real	real	ADJ
amfbr-564	46	16	gdp	gdp	NOUN
amfbr-564	46	17	growth	growth	NOUN
amfbr-564	46	18	.	.	PUNCT
amfbr-564	47	1	khundrakpam	khundrakpam	PROPN
amfbr-564	47	2	,	,	PUNCT
amfbr-564	47	3	kavediya	kavediya	PROPN
amfbr-564	47	4	and	and	CCONJ
amfbr-564	47	5	anthony	anthony	PROPN
amfbr-564	47	6	(	(	PUNCT
amfbr-564	47	7	2017	2017	NUM
amfbr-564	47	8	)	)	PUNCT
amfbr-564	47	9	constructed	construct	VERB
amfbr-564	47	10	financial	financial	ADJ
amfbr-564	47	11	condition	condition	NOUN
amfbr-564	47	12	indices	index	NOUN
amfbr-564	47	13	for	for	ADP
amfbr-564	47	14	india	india	PROPN
amfbr-564	47	15	and	and	CCONJ
amfbr-564	47	16	evaluated	evaluate	VERB
amfbr-564	47	17	their	their	PRON
amfbr-564	47	18	ability	ability	NOUN
amfbr-564	47	19	to	to	PART
amfbr-564	47	20	predict	predict	VERB
amfbr-564	47	21	business	business	NOUN
amfbr-564	47	22	cycle	cycle	NOUN
amfbr-564	47	23	.	.	PUNCT
amfbr-564	48	1	they	they	PRON
amfbr-564	48	2	examined	examine	VERB
amfbr-564	48	3	whether	whether	SCONJ
amfbr-564	48	4	financial	financial	ADJ
amfbr-564	48	5	conditions	condition	NOUN
amfbr-564	48	6	index	index	NOUN
amfbr-564	48	7	constructed	construct	VERB
amfbr-564	48	8	based	base	VERB
amfbr-564	48	9	on	on	ADP
amfbr-564	48	10	principal	principal	ADJ
amfbr-564	48	11	component	component	NOUN
amfbr-564	48	12	analysis	analysis	NOUN
amfbr-564	48	13	(	(	PUNCT
amfbr-564	48	14	pca	pca	NOUN
amfbr-564	48	15	)	)	PUNCT
amfbr-564	48	16	can	can	AUX
amfbr-564	48	17	predict	predict	VERB
amfbr-564	48	18	economic	economic	ADJ
amfbr-564	48	19	growth	growth	NOUN
amfbr-564	48	20	rate	rate	NOUN
amfbr-564	48	21	better	well	ADJ
amfbr-564	48	22	than	than	ADP
amfbr-564	48	23	financial	financial	ADJ
amfbr-564	48	24	conditions	condition	NOUN
amfbr-564	48	25	index	index	NOUN
amfbr-564	48	26	constructed	construct	VERB
amfbr-564	48	27	based	base	VERB
amfbr-564	48	28	on	on	ADP
amfbr-564	48	29	vector	vector	NOUN
amfbr-564	48	30	autoregressive	autoregressive	ADJ
amfbr-564	48	31	(	(	PUNCT
amfbr-564	48	32	var	var	NOUN
amfbr-564	48	33	)	)	PUNCT
amfbr-564	48	34	model	model	NOUN
amfbr-564	48	35	.	.	PUNCT
amfbr-564	49	1	their	their	PRON
amfbr-564	49	2	results	result	NOUN
amfbr-564	49	3	show	show	VERB
amfbr-564	49	4	that	that	SCONJ
amfbr-564	49	5	pca	pca	NOUN
amfbr-564	49	6	-	-	PUNCT
amfbr-564	49	7	based	base	VERB
amfbr-564	49	8	financial	financial	ADJ
amfbr-564	49	9	conditions	condition	NOUN
amfbr-564	49	10	index	index	NOUN
amfbr-564	49	11	outperforms	outperform	VERB
amfbr-564	49	12	var	var	NOUN
amfbr-564	49	13	-	-	PUNCT
amfbr-564	49	14	based	base	VERB
amfbr-564	49	15	financial	financial	ADJ
amfbr-564	49	16	conditions	condition	NOUN
amfbr-564	49	17	index	index	NOUN
amfbr-564	49	18	.	.	PUNCT
amfbr-564	50	1	using	use	VERB
amfbr-564	50	2	a	a	DET
amfbr-564	50	3	time	time	NOUN
amfbr-564	50	4	-	-	PUNCT
amfbr-564	50	5	varying	vary	VERB
amfbr-564	50	6	factor	factor	NOUN
amfbr-564	50	7	augmented	augment	VERB
amfbr-564	50	8	vector	vector	NOUN
amfbr-564	50	9	autoregressive	autoregressive	ADJ
amfbr-564	50	10	models	model	NOUN
amfbr-564	50	11	with	with	ADP
amfbr-564	50	12	stochastic	stochastic	ADJ
amfbr-564	50	13	volatility	volatility	NOUN
amfbr-564	50	14	wang	wang	PROPN
amfbr-564	50	15	,	,	PUNCT
amfbr-564	50	16	xu	xu	PROPN
amfbr-564	50	17	and	and	CCONJ
amfbr-564	50	18	chen	chen	PROPN
amfbr-564	50	19	(	(	PUNCT
amfbr-564	50	20	2018	2018	NUM
amfbr-564	50	21	)	)	PUNCT
amfbr-564	50	22	constructed	construct	VERB
amfbr-564	50	23	a	a	DET
amfbr-564	50	24	financial	financial	ADJ
amfbr-564	50	25	conditions	condition	NOUN
amfbr-564	50	26	index	index	NOUN
amfbr-564	50	27	for	for	ADP
amfbr-564	50	28	china	china	PROPN
amfbr-564	50	29	and	and	CCONJ
amfbr-564	50	30	examine	examine	VERB
amfbr-564	50	31	its	its	PRON
amfbr-564	50	32	relationship	relationship	NOUN
amfbr-564	50	33	with	with	ADP
amfbr-564	50	34	future	future	ADJ
amfbr-564	50	35	inflation	inflation	NOUN
amfbr-564	50	36	.	.	PUNCT
amfbr-564	51	1	based	base	VERB
amfbr-564	51	2	on	on	ADP
amfbr-564	51	3	monthly	monthly	ADJ
amfbr-564	51	4	copyright	copyright	NOUN
amfbr-564	51	5	©	©	PROPN
amfbr-564	51	6	cc	cc	NOUN
amfbr-564	51	7	-	-	PUNCT
amfbr-564	51	8	by	by	ADP
amfbr-564	51	9	-	-	PUNCT
amfbr-564	51	10	nc	nc	PROPN
amfbr-564	51	11	2020	2020	NUM
amfbr-564	51	12	,	,	PUNCT
amfbr-564	51	13	cribfb	cribfb	PROPN
amfbr-564	51	14	|	|	ADV
amfbr-564	51	15	amfbr	amfbr	ADJ
amfbr-564	51	16	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	51	17	american	american	PROPN
amfbr-564	51	18	finance	finance	PROPN
amfbr-564	51	19	&	&	CCONJ
amfbr-564	51	20	banking	banking	PROPN
amfbr-564	51	21	review	review	PROPN
amfbr-564	51	22	vol	vol	NOUN
amfbr-564	51	23	.	.	PROPN
amfbr-564	52	1	5	5	NUM
amfbr-564	52	2	,	,	PUNCT
amfbr-564	52	3	no	no	INTJ
amfbr-564	52	4	.	.	NOUN
amfbr-564	52	5	1	1	NUM
amfbr-564	52	6	;	;	PUNCT
amfbr-564	52	7	2020	2020	NUM
amfbr-564	52	8	64	64	NUM
amfbr-564	52	9	data	datum	NOUN
amfbr-564	52	10	spanning	span	VERB
amfbr-564	52	11	from	from	ADP
amfbr-564	52	12	january	january	PROPN
amfbr-564	52	13	2002	2002	NUM
amfbr-564	52	14	to	to	ADP
amfbr-564	52	15	january	january	PROPN
amfbr-564	52	16	2015	2015	NUM
amfbr-564	52	17	,	,	PUNCT
amfbr-564	52	18	they	they	PRON
amfbr-564	52	19	found	find	VERB
amfbr-564	52	20	that	that	SCONJ
amfbr-564	52	21	financial	financial	ADJ
amfbr-564	52	22	conditions	condition	NOUN
amfbr-564	52	23	index	index	NOUN
amfbr-564	52	24	is	be	AUX
amfbr-564	52	25	useful	useful	ADJ
amfbr-564	52	26	in	in	ADP
amfbr-564	52	27	predicting	predict	VERB
amfbr-564	52	28	future	future	ADJ
amfbr-564	52	29	inflation	inflation	NOUN
amfbr-564	52	30	.	.	PUNCT
amfbr-564	53	1	kabundi	kabundi	PROPN
amfbr-564	53	2	and	and	CCONJ
amfbr-564	53	3	mbelu	mbelu	NOUN
amfbr-564	53	4	(	(	PUNCT
amfbr-564	53	5	2020	2020	NUM
amfbr-564	53	6	)	)	PUNCT
amfbr-564	53	7	constructed	construct	VERB
amfbr-564	53	8	a	a	DET
amfbr-564	53	9	financial	financial	ADJ
amfbr-564	53	10	conditions	condition	NOUN
amfbr-564	53	11	index	index	NOUN
amfbr-564	53	12	for	for	ADP
amfbr-564	53	13	south	south	PROPN
amfbr-564	53	14	africa	africa	PROPN
amfbr-564	53	15	using	use	VERB
amfbr-564	53	16	monthly	monthly	ADJ
amfbr-564	53	17	time	time	NOUN
amfbr-564	53	18	series	series	PROPN
amfbr-564	53	19	data	data	PROPN
amfbr-564	53	20	january	january	PROPN
amfbr-564	53	21	2000	2000	NUM
amfbr-564	53	22	to	to	ADP
amfbr-564	53	23	april	april	PROPN
amfbr-564	53	24	2017	2017	NUM
amfbr-564	53	25	.	.	PUNCT
amfbr-564	54	1	the	the	DET
amfbr-564	54	2	index	index	NOUN
amfbr-564	54	3	was	be	AUX
amfbr-564	54	4	constructed	construct	VERB
amfbr-564	54	5	based	base	VERB
amfbr-564	54	6	on	on	ADP
amfbr-564	54	7	time	time	NOUN
amfbr-564	54	8	-	-	PUNCT
amfbr-564	54	9	varying	vary	VERB
amfbr-564	54	10	principal	principal	ADJ
amfbr-564	54	11	component	component	NOUN
amfbr-564	54	12	factor	factor	NOUN
amfbr-564	54	13	model	model	NOUN
amfbr-564	54	14	proposed	propose	VERB
amfbr-564	54	15	by	by	ADP
amfbr-564	54	16	koop	koop	PROPN
amfbr-564	54	17	and	and	CCONJ
amfbr-564	54	18	korobilis	korobilis	PROPN
amfbr-564	54	19	(	(	PUNCT
amfbr-564	54	20	2014	2014	NUM
amfbr-564	54	21	)	)	PUNCT
amfbr-564	54	22	.	.	PUNCT
amfbr-564	55	1	they	they	PRON
amfbr-564	55	2	also	also	ADV
amfbr-564	55	3	specified	specify	VERB
amfbr-564	55	4	and	and	CCONJ
amfbr-564	55	5	estimated	estimate	VERB
amfbr-564	55	6	a	a	DET
amfbr-564	55	7	three	three	NUM
amfbr-564	55	8	-	-	PUNCT
amfbr-564	55	9	factor	factor	NOUN
amfbr-564	55	10	time	time	NOUN
amfbr-564	55	11	-	-	PUNCT
amfbr-564	55	12	varying	vary	VERB
amfbr-564	55	13	parameter	parameter	NOUN
amfbr-564	55	14	factor	factor	NOUN
amfbr-564	55	15	-	-	PUNCT
amfbr-564	55	16	augmented	augment	VERB
amfbr-564	55	17	vector	vector	NOUN
amfbr-564	55	18	autoregressive	autoregressive	ADJ
amfbr-564	55	19	(	(	PUNCT
amfbr-564	55	20	tvp	tvp	NOUN
amfbr-564	55	21	-	-	PUNCT
amfbr-564	55	22	favar	favar	NOUN
amfbr-564	55	23	)	)	PUNCT
amfbr-564	55	24	model	model	NOUN
amfbr-564	55	25	incorporating	incorporate	VERB
amfbr-564	55	26	financial	financial	ADJ
amfbr-564	55	27	conditions	condition	NOUN
amfbr-564	55	28	index	index	NOUN
amfbr-564	55	29	,	,	PUNCT
amfbr-564	55	30	headline	headline	NOUN
amfbr-564	55	31	inflation	inflation	NOUN
amfbr-564	55	32	and	and	CCONJ
amfbr-564	55	33	gdp	gdp	NOUN
amfbr-564	55	34	growth	growth	NOUN
amfbr-564	55	35	rate	rate	NOUN
amfbr-564	55	36	.	.	PUNCT
amfbr-564	56	1	they	they	PRON
amfbr-564	56	2	found	find	VERB
amfbr-564	56	3	amongst	amongst	ADP
amfbr-564	56	4	others	other	NOUN
amfbr-564	56	5	that	that	PRON
amfbr-564	56	6	tighter	tight	ADJ
amfbr-564	56	7	financial	financial	ADJ
amfbr-564	56	8	conditions	condition	NOUN
amfbr-564	56	9	reduce	reduce	VERB
amfbr-564	56	10	both	both	DET
amfbr-564	56	11	economic	economic	ADJ
amfbr-564	56	12	growth	growth	NOUN
amfbr-564	56	13	rate	rate	NOUN
amfbr-564	56	14	and	and	CCONJ
amfbr-564	56	15	level	level	NOUN
amfbr-564	56	16	of	of	ADP
amfbr-564	56	17	inflation	inflation	NOUN
amfbr-564	56	18	.	.	PUNCT
amfbr-564	57	1	3	3	X
amfbr-564	57	2	.	.	X
amfbr-564	57	3	empirical	empirical	ADJ
amfbr-564	57	4	strategy	strategy	NOUN
amfbr-564	57	5	3.1	3.1	NUM
amfbr-564	57	6	data	datum	NOUN
amfbr-564	57	7	description	description	NOUN
amfbr-564	57	8	in	in	ADP
amfbr-564	57	9	this	this	DET
amfbr-564	57	10	study	study	NOUN
amfbr-564	57	11	,	,	PUNCT
amfbr-564	57	12	yearly	yearly	ADJ
amfbr-564	57	13	time	time	NOUN
amfbr-564	57	14	series	series	PROPN
amfbr-564	57	15	data	datum	NOUN
amfbr-564	57	16	from	from	ADP
amfbr-564	57	17	1985	1985	NUM
amfbr-564	57	18	to	to	ADP
amfbr-564	57	19	2018	2018	NUM
amfbr-564	57	20	are	be	AUX
amfbr-564	57	21	used	use	VERB
amfbr-564	57	22	.	.	PUNCT
amfbr-564	58	1	the	the	DET
amfbr-564	58	2	study	study	NOUN
amfbr-564	58	3	variables	variable	NOUN
amfbr-564	58	4	are	be	AUX
amfbr-564	58	5	inflation	inflation	NOUN
amfbr-564	58	6	,	,	PUNCT
amfbr-564	58	7	nominal	nominal	ADJ
amfbr-564	58	8	gdp	gdp	NOUN
amfbr-564	58	9	,	,	PUNCT
amfbr-564	58	10	real	real	ADJ
amfbr-564	58	11	gdp	gdp	NOUN
amfbr-564	58	12	growth	growth	NOUN
amfbr-564	58	13	rate	rate	NOUN
amfbr-564	58	14	,	,	PUNCT
amfbr-564	58	15	riskless	riskless	NOUN
amfbr-564	58	16	interest	interest	NOUN
amfbr-564	58	17	rate	rate	NOUN
amfbr-564	58	18	(	(	PUNCT
amfbr-564	58	19	treasury	treasury	NOUN
amfbr-564	58	20	bill	bill	NOUN
amfbr-564	58	21	rate	rate	NOUN
amfbr-564	58	22	)	)	PUNCT
amfbr-564	58	23	,	,	PUNCT
amfbr-564	58	24	stock	stock	NOUN
amfbr-564	58	25	market	market	NOUN
amfbr-564	58	26	index	index	NOUN
amfbr-564	58	27	(	(	PUNCT
amfbr-564	58	28	all	all	DET
amfbr-564	58	29	share	share	NOUN
amfbr-564	58	30	indexes	index	NOUN
amfbr-564	58	31	)	)	PUNCT
amfbr-564	58	32	,	,	PUNCT
amfbr-564	58	33	average	average	ADJ
amfbr-564	58	34	official	official	ADJ
amfbr-564	58	35	exchange	exchange	NOUN
amfbr-564	58	36	rate	rate	NOUN
amfbr-564	58	37	,	,	PUNCT
amfbr-564	58	38	credit	credit	NOUN
amfbr-564	58	39	to	to	ADP
amfbr-564	58	40	private	private	ADJ
amfbr-564	58	41	sector	sector	NOUN
amfbr-564	58	42	and	and	CCONJ
amfbr-564	58	43	interest	interest	NOUN
amfbr-564	58	44	rate	rate	NOUN
amfbr-564	58	45	spread	spread	NOUN
amfbr-564	58	46	(	(	PUNCT
amfbr-564	58	47	prime	prime	ADJ
amfbr-564	58	48	lending	lending	NOUN
amfbr-564	58	49	rate	rate	NOUN
amfbr-564	58	50	minus	minus	CCONJ
amfbr-564	58	51	monetary	monetary	ADJ
amfbr-564	58	52	policy	policy	NOUN
amfbr-564	58	53	rate	rate	NOUN
amfbr-564	58	54	)	)	PUNCT
amfbr-564	58	55	.	.	PUNCT
amfbr-564	59	1	all	all	DET
amfbr-564	59	2	data	datum	NOUN
amfbr-564	59	3	were	be	AUX
amfbr-564	59	4	sourced	source	VERB
amfbr-564	59	5	from	from	ADP
amfbr-564	59	6	the	the	DET
amfbr-564	59	7	annual	annual	ADJ
amfbr-564	59	8	statistical	statistical	ADJ
amfbr-564	59	9	bulletin	bulletin	NOUN
amfbr-564	59	10	of	of	ADP
amfbr-564	59	11	the	the	DET
amfbr-564	59	12	central	central	ADJ
amfbr-564	59	13	bank	bank	PROPN
amfbr-564	59	14	of	of	ADP
amfbr-564	59	15	nigeria	nigeria	PROPN
amfbr-564	59	16	and	and	CCONJ
amfbr-564	59	17	are	be	AUX
amfbr-564	59	18	analyzed	analyze	VERB
amfbr-564	59	19	using	use	VERB
amfbr-564	59	20	the	the	DET
amfbr-564	59	21	e	e	NOUN
amfbr-564	59	22	-	-	ADJ
amfbr-564	59	23	views	view	NOUN
amfbr-564	59	24	software	software	NOUN
amfbr-564	59	25	package	package	NOUN
amfbr-564	59	26	.	.	PUNCT
amfbr-564	60	1	consistent	consistent	ADJ
amfbr-564	60	2	with	with	ADP
amfbr-564	60	3	the	the	DET
amfbr-564	60	4	extant	extant	ADJ
amfbr-564	60	5	literature	literature	NOUN
amfbr-564	60	6	,	,	PUNCT
amfbr-564	60	7	we	we	PRON
amfbr-564	60	8	construct	construct	VERB
amfbr-564	60	9	the	the	DET
amfbr-564	60	10	financial	financial	ADJ
amfbr-564	60	11	conditions	condition	NOUN
amfbr-564	60	12	index	index	NOUN
amfbr-564	60	13	using	use	VERB
amfbr-564	60	14	the	the	DET
amfbr-564	60	15	following	follow	VERB
amfbr-564	60	16	formula	formula	NOUN
amfbr-564	60	17	.	.	PUNCT
amfbr-564	61	1	𝐹𝐶𝐼	𝐹𝐶𝐼	PRON
amfbr-564	61	2	=	=	NOUN
amfbr-564	61	3	∑𝑤𝑗	∑𝑤𝑗	NOUN
amfbr-564	61	4	𝑛	𝑛	PRON
amfbr-564	61	5	𝑗=1	𝑗=1	PROPN
amfbr-564	61	6	(	(	PUNCT
amfbr-564	61	7	𝑥𝑗,𝑡	𝑥𝑗,𝑡	PUNCT
amfbr-564	61	8	−	−	PRON
amfbr-564	61	9	𝑥	𝑥	NOUN
amfbr-564	61	10	�	�	PROPN
amfbr-564	61	11	̅	̅	NOUN
amfbr-564	61	12	�	�	NOUN
amfbr-564	61	13	)	)	PUNCT
amfbr-564	61	14	where	where	SCONJ
amfbr-564	61	15	fci	fci	NOUN
amfbr-564	61	16	=	=	SYM
amfbr-564	61	17	financial	financial	ADJ
amfbr-564	61	18	conditions	condition	NOUN
amfbr-564	61	19	index	index	NOUN
amfbr-564	61	20	,	,	PUNCT
amfbr-564	61	21	𝑥𝑗,𝑡	𝑥𝑗,𝑡	PUNCT
amfbr-564	61	22	=	=	SYM
amfbr-564	61	23	financial	financial	ADJ
amfbr-564	61	24	conditions	condition	NOUN
amfbr-564	61	25	variable	variable	ADJ
amfbr-564	61	26	j	j	PROPN
amfbr-564	61	27	at	at	ADP
amfbr-564	61	28	time	time	NOUN
amfbr-564	61	29	t	t	PROPN
amfbr-564	61	30	,	,	PUNCT
amfbr-564	61	31	𝑥	𝑥	NOUN
amfbr-564	61	32	�	�	PROPN
amfbr-564	61	33	̅	̅	NOUN
amfbr-564	61	34	�	�	NOUN
amfbr-564	61	35	=	=	SYM
amfbr-564	61	36	mean	mean	NOUN
amfbr-564	61	37	of	of	ADP
amfbr-564	61	38	𝑥𝑗	𝑥𝑗	PROPN
amfbr-564	61	39	and	and	CCONJ
amfbr-564	61	40	𝑤𝑗	𝑤𝑗	PROPN
amfbr-564	61	41	is	be	AUX
amfbr-564	61	42	the	the	DET
amfbr-564	61	43	weight	weight	NOUN
amfbr-564	61	44	attached	attach	VERB
amfbr-564	61	45	to	to	ADP
amfbr-564	61	46	each	each	DET
amfbr-564	61	47	𝑥𝑗	𝑥𝑗	PROPN
amfbr-564	61	48	.	.	PUNCT
amfbr-564	62	1	here	here	ADV
amfbr-564	62	2	,	,	PUNCT
amfbr-564	62	3	𝑥𝑗	𝑥𝑗	PROPN
amfbr-564	62	4	includes	include	VERB
amfbr-564	62	5	riskless	riskless	NOUN
amfbr-564	62	6	interest	interest	NOUN
amfbr-564	62	7	rate	rate	NOUN
amfbr-564	62	8	(	(	PUNCT
amfbr-564	62	9	tbr	tbr	NOUN
amfbr-564	62	10	)	)	PUNCT
amfbr-564	62	11	,	,	PUNCT
amfbr-564	62	12	stock	stock	NOUN
amfbr-564	62	13	market	market	NOUN
amfbr-564	62	14	index	index	NOUN
amfbr-564	62	15	(	(	PUNCT
amfbr-564	62	16	asi	asi	NOUN
amfbr-564	62	17	)	)	PUNCT
amfbr-564	62	18	,	,	PUNCT
amfbr-564	62	19	exchange	exchange	NOUN
amfbr-564	62	20	rate	rate	NOUN
amfbr-564	62	21	(	(	PUNCT
amfbr-564	62	22	exr	exr	PROPN
amfbr-564	62	23	)	)	PUNCT
amfbr-564	62	24	,	,	PUNCT
amfbr-564	62	25	credit	credit	NOUN
amfbr-564	62	26	to	to	ADP
amfbr-564	62	27	private	private	ADJ
amfbr-564	62	28	sector	sector	NOUN
amfbr-564	62	29	(	(	PUNCT
amfbr-564	62	30	cps	cps	PROPN
amfbr-564	62	31	)	)	PUNCT
amfbr-564	62	32	and	and	CCONJ
amfbr-564	62	33	interest	interest	NOUN
amfbr-564	62	34	rate	rate	NOUN
amfbr-564	62	35	spread	spread	NOUN
amfbr-564	62	36	(	(	PUNCT
amfbr-564	62	37	spread	spread	NOUN
amfbr-564	62	38	)	)	PUNCT
amfbr-564	62	39	.	.	PUNCT
amfbr-564	63	1	figure	figure	NOUN
amfbr-564	63	2	1	1	NUM
amfbr-564	63	3	shows	show	VERB
amfbr-564	63	4	the	the	DET
amfbr-564	63	5	time	time	NOUN
amfbr-564	63	6	series	series	PROPN
amfbr-564	63	7	plot	plot	NOUN
amfbr-564	63	8	of	of	ADP
amfbr-564	63	9	the	the	DET
amfbr-564	63	10	data	datum	NOUN
amfbr-564	63	11	.	.	PUNCT
amfbr-564	64	1	as	as	SCONJ
amfbr-564	64	2	this	this	DET
amfbr-564	64	3	figure	figure	NOUN
amfbr-564	64	4	shows	show	VERB
amfbr-564	64	5	,	,	PUNCT
amfbr-564	64	6	while	while	SCONJ
amfbr-564	64	7	nominal	nominal	ADJ
amfbr-564	64	8	gdp	gdp	NOUN
amfbr-564	64	9	,	,	PUNCT
amfbr-564	64	10	average	average	ADJ
amfbr-564	64	11	official	official	ADJ
amfbr-564	64	12	exchange	exchange	NOUN
amfbr-564	64	13	rate	rate	NOUN
amfbr-564	64	14	,	,	PUNCT
amfbr-564	64	15	stock	stock	NOUN
amfbr-564	64	16	market	market	NOUN
amfbr-564	64	17	index	index	NOUN
amfbr-564	64	18	and	and	CCONJ
amfbr-564	64	19	credit	credit	NOUN
amfbr-564	64	20	to	to	ADP
amfbr-564	64	21	private	private	ADJ
amfbr-564	64	22	sector	sector	NOUN
amfbr-564	64	23	show	show	VERB
amfbr-564	64	24	an	an	DET
amfbr-564	64	25	upward	upward	ADJ
amfbr-564	64	26	trend	trend	NOUN
amfbr-564	64	27	,	,	PUNCT
amfbr-564	64	28	real	real	ADJ
amfbr-564	64	29	gdp	gdp	NOUN
amfbr-564	64	30	growth	growth	NOUN
amfbr-564	64	31	rate	rate	NOUN
amfbr-564	64	32	,	,	PUNCT
amfbr-564	64	33	inflation	inflation	NOUN
amfbr-564	64	34	,	,	PUNCT
amfbr-564	64	35	and	and	CCONJ
amfbr-564	64	36	interest	interest	NOUN
amfbr-564	64	37	rate	rate	NOUN
amfbr-564	64	38	spread	spread	NOUN
amfbr-564	64	39	appear	appear	VERB
amfbr-564	64	40	to	to	PART
amfbr-564	64	41	be	be	AUX
amfbr-564	64	42	stationary	stationary	ADJ
amfbr-564	64	43	.	.	PUNCT
amfbr-564	65	1	riskless	riskless	ADJ
amfbr-564	65	2	interest	interest	NOUN
amfbr-564	65	3	rate	rate	NOUN
amfbr-564	65	4	appears	appear	VERB
amfbr-564	65	5	to	to	PART
amfbr-564	65	6	follow	follow	VERB
amfbr-564	65	7	a	a	DET
amfbr-564	65	8	random	random	ADJ
amfbr-564	65	9	walk	walk	NOUN
amfbr-564	65	10	with	with	ADP
amfbr-564	65	11	drift	drift	NOUN
amfbr-564	65	12	,	,	PUNCT
amfbr-564	65	13	increasing	increase	VERB
amfbr-564	65	14	initially	initially	ADV
amfbr-564	65	15	up	up	ADP
amfbr-564	65	16	to	to	ADP
amfbr-564	65	17	1993	1993	NUM
amfbr-564	65	18	but	but	CCONJ
amfbr-564	65	19	showed	show	VERB
amfbr-564	65	20	a	a	DET
amfbr-564	65	21	steady	steady	ADJ
amfbr-564	65	22	decline	decline	NOUN
amfbr-564	65	23	with	with	ADP
amfbr-564	65	24	observable	observable	ADJ
amfbr-564	65	25	fluctuations	fluctuation	NOUN
amfbr-564	65	26	.	.	PUNCT
amfbr-564	66	1	however	however	ADV
amfbr-564	66	2	,	,	PUNCT
amfbr-564	66	3	it	it	PRON
amfbr-564	66	4	showed	show	VERB
amfbr-564	66	5	an	an	DET
amfbr-564	66	6	upward	upward	ADJ
amfbr-564	66	7	trend	trend	NOUN
amfbr-564	66	8	from	from	ADP
amfbr-564	66	9	2009	2009	NUM
amfbr-564	66	10	.	.	PUNCT
amfbr-564	67	1	all	all	DET
amfbr-564	67	2	these	these	PRON
amfbr-564	67	3	suggest	suggest	VERB
amfbr-564	67	4	that	that	SCONJ
amfbr-564	67	5	our	our	PRON
amfbr-564	67	6	variables	variable	NOUN
amfbr-564	67	7	have	have	VERB
amfbr-564	67	8	different	different	ADJ
amfbr-564	67	9	levels	level	NOUN
amfbr-564	67	10	of	of	ADP
amfbr-564	67	11	integration	integration	NOUN
amfbr-564	67	12	;	;	PUNCT
amfbr-564	67	13	hence	hence	ADV
amfbr-564	67	14	there	there	PRON
amfbr-564	67	15	is	be	VERB
amfbr-564	67	16	good	good	ADJ
amfbr-564	67	17	reason	reason	NOUN
amfbr-564	67	18	to	to	PART
amfbr-564	67	19	model	model	VERB
amfbr-564	67	20	the	the	DET
amfbr-564	67	21	relationship	relationship	NOUN
amfbr-564	67	22	between	between	ADP
amfbr-564	67	23	financial	financial	ADJ
amfbr-564	67	24	conditions	condition	NOUN
amfbr-564	67	25	variables	variable	NOUN
amfbr-564	67	26	and	and	CCONJ
amfbr-564	67	27	economic	economic	ADJ
amfbr-564	67	28	growth	growth	NOUN
amfbr-564	67	29	within	within	ADP
amfbr-564	67	30	an	an	DET
amfbr-564	67	31	ardl	ardl	NOUN
amfbr-564	67	32	framework	framework	NOUN
amfbr-564	67	33	.	.	PUNCT
amfbr-564	68	1	-4	-4	X
amfbr-564	69	1	0	0	NUM
amfbr-564	70	1	4	4	NUM
amfbr-564	70	2	8	8	NUM
amfbr-564	70	3	12	12	NUM
amfbr-564	70	4	16	16	NUM
amfbr-564	70	5	1985	1985	NUM
amfbr-564	70	6	1990	1990	NUM
amfbr-564	70	7	1995	1995	NUM
amfbr-564	70	8	2000	2000	NUM
amfbr-564	70	9	2005	2005	NUM
amfbr-564	70	10	2010	2010	NUM
amfbr-564	70	11	2015	2015	NUM
amfbr-564	70	12	gdpg	gdpg	VERB
amfbr-564	70	13	0	0	NUM
amfbr-564	70	14	20	20	NUM
amfbr-564	70	15	40	40	NUM
amfbr-564	70	16	60	60	NUM
amfbr-564	70	17	80	80	NUM
amfbr-564	70	18	1985	1985	NUM
amfbr-564	70	19	1990	1990	NUM
amfbr-564	70	20	1995	1995	NUM
amfbr-564	70	21	2000	2000	NUM
amfbr-564	70	22	2005	2005	NUM
amfbr-564	70	23	2010	2010	NUM
amfbr-564	70	24	2015	2015	NUM
amfbr-564	70	25	infl	infl	NOUN
amfbr-564	70	26	0	0	NUM
amfbr-564	70	27	20,000	20,000	NUM
amfbr-564	70	28	40,000	40,000	NUM
amfbr-564	70	29	60,000	60,000	NUM
amfbr-564	70	30	80,000	80,000	NUM
amfbr-564	70	31	100,000	100,000	NUM
amfbr-564	70	32	120,000	120,000	NUM
amfbr-564	70	33	140,000	140,000	NUM
amfbr-564	70	34	1985	1985	NUM
amfbr-564	70	35	1990	1990	NUM
amfbr-564	70	36	1995	1995	NUM
amfbr-564	70	37	2000	2000	NUM
amfbr-564	70	38	2005	2005	NUM
amfbr-564	70	39	2010	2010	NUM
amfbr-564	70	40	2015	2015	NUM
amfbr-564	70	41	gdp	gdp	NOUN
amfbr-564	70	42	0	0	NUM
amfbr-564	70	43	5	5	NUM
amfbr-564	70	44	10	10	NUM
amfbr-564	70	45	15	15	NUM
amfbr-564	70	46	20	20	NUM
amfbr-564	70	47	25	25	NUM
amfbr-564	70	48	30	30	NUM
amfbr-564	70	49	1985	1985	NUM
amfbr-564	70	50	1990	1990	NUM
amfbr-564	70	51	1995	1995	NUM
amfbr-564	70	52	2000	2000	NUM
amfbr-564	70	53	2005	2005	NUM
amfbr-564	70	54	2010	2010	NUM
amfbr-564	70	55	2015	2015	NUM
amfbr-564	70	56	tbr	tbr	NOUN
amfbr-564	70	57	0	0	NUM
amfbr-564	70	58	40	40	NUM
amfbr-564	70	59	80	80	NUM
amfbr-564	70	60	120	120	NUM
amfbr-564	70	61	160	160	NUM
amfbr-564	70	62	200	200	NUM
amfbr-564	70	63	240	240	NUM
amfbr-564	70	64	280	280	NUM
amfbr-564	70	65	320	320	NUM
amfbr-564	70	66	1985	1985	NUM
amfbr-564	70	67	1990	1990	NUM
amfbr-564	70	68	1995	1995	NUM
amfbr-564	70	69	2000	2000	NUM
amfbr-564	70	70	2005	2005	NUM
amfbr-564	70	71	2010	2010	NUM
amfbr-564	70	72	2015	2015	NUM
amfbr-564	70	73	aoexr	aoexr	PROPN
amfbr-564	70	74	0	0	NUM
amfbr-564	70	75	10,000	10,000	NUM
amfbr-564	70	76	20,000	20,000	NUM
amfbr-564	70	77	30,000	30,000	NUM
amfbr-564	70	78	40,000	40,000	NUM
amfbr-564	70	79	50,000	50,000	NUM
amfbr-564	70	80	60,000	60,000	NUM
amfbr-564	70	81	1985	1985	NUM
amfbr-564	70	82	1990	1990	NUM
amfbr-564	70	83	1995	1995	NUM
amfbr-564	70	84	2000	2000	NUM
amfbr-564	70	85	2005	2005	NUM
amfbr-564	70	86	2010	2010	NUM
amfbr-564	70	87	2015	2015	NUM
amfbr-564	70	88	asi	asi	NOUN
amfbr-564	70	89	0	0	NUM
amfbr-564	70	90	5,000	5,000	NUM
amfbr-564	70	91	10,000	10,000	NUM
amfbr-564	70	92	15,000	15,000	NUM
amfbr-564	70	93	20,000	20,000	NUM
amfbr-564	70	94	25,000	25,000	NUM
amfbr-564	70	95	1985	1985	NUM
amfbr-564	70	96	1990	1990	NUM
amfbr-564	70	97	1995	1995	NUM
amfbr-564	70	98	2000	2000	NUM
amfbr-564	70	99	2005	2005	NUM
amfbr-564	70	100	2010	2010	NUM
amfbr-564	70	101	2015	2015	NUM
amfbr-564	70	102	cps	cp	NOUN
amfbr-564	70	103	-10	-10	PUNCT
amfbr-564	70	104	-5	-5	NOUN
amfbr-564	70	105	0	0	NUM
amfbr-564	70	106	5	5	NUM
amfbr-564	70	107	10	10	NUM
amfbr-564	70	108	15	15	NUM
amfbr-564	70	109	1985	1985	NUM
amfbr-564	70	110	1990	1990	NUM
amfbr-564	70	111	1995	1995	NUM
amfbr-564	70	112	2000	2000	NUM
amfbr-564	70	113	2005	2005	NUM
amfbr-564	70	114	2010	2010	NUM
amfbr-564	70	115	2015	2015	NUM
amfbr-564	70	116	spread	spread	VERB
amfbr-564	70	117	figure1	figure1	PROPN
amfbr-564	70	118	.	.	PUNCT
amfbr-564	71	1	time	time	PROPN
amfbr-564	71	2	series	series	PROPN
amfbr-564	71	3	plot	plot	NOUN
amfbr-564	71	4	for	for	ADP
amfbr-564	71	5	the	the	DET
amfbr-564	71	6	study	study	NOUN
amfbr-564	71	7	variables	variable	VERB
amfbr-564	71	8	copyright	copyright	NOUN
amfbr-564	71	9	©	©	PROPN
amfbr-564	71	10	cc	cc	PROPN
amfbr-564	71	11	-	-	PUNCT
amfbr-564	71	12	by	by	ADP
amfbr-564	71	13	-	-	PUNCT
amfbr-564	71	14	nc	nc	PROPN
amfbr-564	71	15	2020	2020	NUM
amfbr-564	71	16	,	,	PUNCT
amfbr-564	71	17	cribfb	cribfb	PROPN
amfbr-564	71	18	|	|	ADV
amfbr-564	71	19	amfbr	amfbr	ADJ
amfbr-564	71	20	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	71	21	american	american	PROPN
amfbr-564	71	22	finance	finance	PROPN
amfbr-564	71	23	&	&	CCONJ
amfbr-564	71	24	banking	banking	PROPN
amfbr-564	71	25	review	review	PROPN
amfbr-564	71	26	vol	vol	NOUN
amfbr-564	71	27	.	.	PROPN
amfbr-564	72	1	5	5	NUM
amfbr-564	72	2	,	,	PUNCT
amfbr-564	72	3	no	no	INTJ
amfbr-564	72	4	.	.	NOUN
amfbr-564	72	5	1	1	NUM
amfbr-564	72	6	;	;	PUNCT
amfbr-564	72	7	2020	2020	NUM
amfbr-564	72	8	65	65	NUM
amfbr-564	72	9	3.2	3.2	NUM
amfbr-564	72	10	methods	method	NOUN
amfbr-564	72	11	to	to	ADP
amfbr-564	72	12	the	the	DET
amfbr-564	72	13	estimate	estimate	NOUN
amfbr-564	72	14	the	the	DET
amfbr-564	72	15	relative	relative	ADJ
amfbr-564	72	16	impact	impact	NOUN
amfbr-564	72	17	of	of	ADP
amfbr-564	72	18	each	each	DET
amfbr-564	72	19	financial	financial	ADJ
amfbr-564	72	20	conditions	condition	NOUN
amfbr-564	72	21	variable	variable	ADJ
amfbr-564	72	22	on	on	ADP
amfbr-564	72	23	nominal	nominal	PROPN
amfbr-564	72	24	gdp	gdp	NOUN
amfbr-564	72	25	,	,	PUNCT
amfbr-564	72	26	we	we	PRON
amfbr-564	72	27	employ	employ	VERB
amfbr-564	72	28	the	the	DET
amfbr-564	72	29	autoregressive	autoregressive	ADJ
amfbr-564	72	30	distributive	distributive	ADJ
amfbr-564	72	31	lag	lag	NOUN
amfbr-564	72	32	(	(	PUNCT
amfbr-564	72	33	ardl	ardl	NOUN
amfbr-564	72	34	)	)	PUNCT
amfbr-564	72	35	framework	framework	NOUN
amfbr-564	72	36	.	.	PUNCT
amfbr-564	73	1	compared	compare	VERB
amfbr-564	73	2	with	with	ADP
amfbr-564	73	3	other	other	ADJ
amfbr-564	73	4	dynamic	dynamic	ADJ
amfbr-564	73	5	time	time	NOUN
amfbr-564	73	6	series	series	NOUN
amfbr-564	73	7	frameworks	framework	NOUN
amfbr-564	73	8	,	,	PUNCT
amfbr-564	73	9	this	this	DET
amfbr-564	73	10	dynamic	dynamic	ADJ
amfbr-564	73	11	estimation	estimation	NOUN
amfbr-564	73	12	framework	framework	NOUN
amfbr-564	73	13	,	,	PUNCT
amfbr-564	73	14	which	which	PRON
amfbr-564	73	15	is	be	AUX
amfbr-564	73	16	novel	novel	ADJ
amfbr-564	73	17	in	in	ADP
amfbr-564	73	18	the	the	DET
amfbr-564	73	19	literature	literature	NOUN
amfbr-564	73	20	in	in	ADP
amfbr-564	73	21	the	the	DET
amfbr-564	73	22	context	context	NOUN
amfbr-564	73	23	of	of	ADP
amfbr-564	73	24	constructing	construct	VERB
amfbr-564	73	25	a	a	DET
amfbr-564	73	26	financial	financial	ADJ
amfbr-564	73	27	conditions	condition	NOUN
amfbr-564	73	28	index	index	NOUN
amfbr-564	73	29	,	,	PUNCT
amfbr-564	73	30	is	be	AUX
amfbr-564	73	31	employed	employ	VERB
amfbr-564	73	32	basically	basically	ADV
amfbr-564	73	33	because	because	SCONJ
amfbr-564	73	34	of	of	ADP
amfbr-564	73	35	its	its	PRON
amfbr-564	73	36	ability	ability	NOUN
amfbr-564	73	37	to	to	PART
amfbr-564	73	38	accommodate	accommodate	VERB
amfbr-564	73	39	time	time	NOUN
amfbr-564	73	40	series	series	PROPN
amfbr-564	73	41	variables	variable	NOUN
amfbr-564	73	42	that	that	PRON
amfbr-564	73	43	have	have	VERB
amfbr-564	73	44	different	different	ADJ
amfbr-564	73	45	orders	order	NOUN
amfbr-564	73	46	of	of	ADP
amfbr-564	73	47	integration	integration	NOUN
amfbr-564	73	48	in	in	ADP
amfbr-564	73	49	the	the	DET
amfbr-564	73	50	same	same	ADJ
amfbr-564	73	51	empirical	empirical	ADJ
amfbr-564	73	52	model	model	NOUN
amfbr-564	73	53	we	we	PRON
amfbr-564	73	54	specify	specify	VERB
amfbr-564	73	55	our	our	PRON
amfbr-564	73	56	simple	simple	ADJ
amfbr-564	73	57	ardl	ardl	NOUN
amfbr-564	73	58	models	model	NOUN
amfbr-564	73	59	as	as	SCONJ
amfbr-564	73	60	follows	follow	VERB
amfbr-564	73	61	:	:	PUNCT
amfbr-564	73	62	𝐺𝐷𝑃𝑡	𝐺𝐷𝑃𝑡	PROPN
amfbr-564	73	63	=	=	SYM
amfbr-564	73	64	𝛼0	𝛼0	PROPN
amfbr-564	73	65	+	+	CCONJ
amfbr-564	73	66	𝛼1𝐺𝐷𝑃𝑡−1	𝛼1𝐺𝐷𝑃𝑡−1	PROPN
amfbr-564	73	67	+	+	CCONJ
amfbr-564	73	68	𝛼2𝑇𝐵𝑅𝑡	𝛼2𝑇𝐵𝑅𝑡	ADJ
amfbr-564	73	69	+	+	CCONJ
amfbr-564	73	70	𝛼3𝑇𝐵𝑅𝑡−1	𝛼3𝑇𝐵𝑅𝑡−1	NUM
amfbr-564	73	71	+	+	CCONJ
amfbr-564	73	72	𝛼4𝐴𝑆𝐼𝑡	𝛼4𝐴𝑆𝐼𝑡	PROPN
amfbr-564	73	73	+	+	CCONJ
amfbr-564	73	74	𝛼5𝐴𝑆𝐼𝑡−1	𝛼5𝐴𝑆𝐼𝑡−1	PROPN
amfbr-564	73	75	+	+	CCONJ
amfbr-564	73	76	𝛼6𝐸𝑋𝑅𝑡	𝛼6𝐸𝑋𝑅𝑡	PROPN
amfbr-564	73	77	+	+	CCONJ
amfbr-564	73	78	𝛼7𝐸𝑋𝑅𝑡−1	𝛼7𝐸𝑋𝑅𝑡−1	NOUN
amfbr-564	73	79	+	+	CCONJ
amfbr-564	73	80	𝛼8𝐶𝑃𝑆𝑡	𝛼8𝐶𝑃𝑆𝑡	PROPN
amfbr-564	73	81	+	+	CCONJ
amfbr-564	73	82	𝛼9𝐶𝑃𝑆𝑡−1	𝛼9𝐶𝑃𝑆𝑡−1	PROPN
amfbr-564	73	83	+	+	CCONJ
amfbr-564	73	84	𝛼10𝑆𝑃𝑅𝐸𝐴𝐷𝑡	𝛼10𝑆𝑃𝑅𝐸𝐴𝐷𝑡	NOUN
amfbr-564	73	85	+	+	CCONJ
amfbr-564	73	86	𝛼11𝑆𝑃𝑅𝐸𝐴𝐷𝑡−1	𝛼11𝑆𝑃𝑅𝐸𝐴𝐷𝑡−1	PROPN
amfbr-564	73	87	+	+	CCONJ
amfbr-564	73	88	𝜖𝑡	𝜖𝑡	VERB
amfbr-564	73	89	where	where	SCONJ
amfbr-564	73	90	𝛼0	𝛼0	PROPN
amfbr-564	73	91	is	be	AUX
amfbr-564	73	92	the	the	DET
amfbr-564	73	93	regression	regression	NOUN
amfbr-564	73	94	intercept	intercept	NOUN
amfbr-564	73	95	and	and	CCONJ
amfbr-564	73	96	𝛼1	𝛼1	NOUN
amfbr-564	73	97	is	be	AUX
amfbr-564	73	98	the	the	DET
amfbr-564	73	99	autoregressive	autoregressive	ADJ
amfbr-564	73	100	coefficient	coefficient	NOUN
amfbr-564	73	101	capturing	capture	VERB
amfbr-564	73	102	the	the	DET
amfbr-564	73	103	effect	effect	NOUN
amfbr-564	73	104	of	of	ADP
amfbr-564	73	105	lagged	lag	VERB
amfbr-564	73	106	nominal	nominal	PROPN
amfbr-564	73	107	gdp	gdp	NOUN
amfbr-564	73	108	.	.	PROPN
amfbr-564	74	1	further	far	ADV
amfbr-564	74	2	,	,	PUNCT
amfbr-564	74	3	𝛼2	𝛼2	VERB
amfbr-564	74	4	and	and	CCONJ
amfbr-564	74	5	𝛼3	𝛼3	NOUN
amfbr-564	74	6	are	be	AUX
amfbr-564	74	7	model	model	NOUN
amfbr-564	74	8	coefficients	coefficient	NOUN
amfbr-564	74	9	that	that	PRON
amfbr-564	74	10	capture	capture	VERB
amfbr-564	74	11	the	the	DET
amfbr-564	74	12	concurrent	concurrent	NOUN
amfbr-564	74	13	and	and	CCONJ
amfbr-564	74	14	lagged	lag	VERB
amfbr-564	74	15	effects	effect	NOUN
amfbr-564	74	16	of	of	ADP
amfbr-564	74	17	riskless	riskless	NOUN
amfbr-564	74	18	interest	interest	NOUN
amfbr-564	74	19	rate	rate	NOUN
amfbr-564	74	20	,	,	PUNCT
amfbr-564	74	21	𝛼4	𝛼4	NOUN
amfbr-564	74	22	and	and	CCONJ
amfbr-564	74	23	𝛼5	𝛼5	NOUN
amfbr-564	74	24	are	be	AUX
amfbr-564	74	25	model	model	NOUN
amfbr-564	74	26	coefficients	coefficient	NOUN
amfbr-564	74	27	that	that	PRON
amfbr-564	74	28	capture	capture	VERB
amfbr-564	74	29	the	the	DET
amfbr-564	74	30	concurrent	concurrent	NOUN
amfbr-564	74	31	and	and	CCONJ
amfbr-564	74	32	lagged	lag	VERB
amfbr-564	74	33	effects	effect	NOUN
amfbr-564	74	34	of	of	ADP
amfbr-564	74	35	stock	stock	NOUN
amfbr-564	74	36	market	market	NOUN
amfbr-564	74	37	index	index	NOUN
amfbr-564	74	38	,	,	PUNCT
amfbr-564	74	39	𝛼6	𝛼6	NOUN
amfbr-564	74	40	and	and	CCONJ
amfbr-564	74	41	𝛼7	𝛼7	NOUN
amfbr-564	74	42	are	be	AUX
amfbr-564	74	43	model	model	NOUN
amfbr-564	74	44	coefficients	coefficient	NOUN
amfbr-564	74	45	that	that	PRON
amfbr-564	74	46	capture	capture	VERB
amfbr-564	74	47	the	the	DET
amfbr-564	74	48	concurrent	concurrent	NOUN
amfbr-564	74	49	and	and	CCONJ
amfbr-564	74	50	lagged	lag	VERB
amfbr-564	74	51	effects	effect	NOUN
amfbr-564	74	52	of	of	ADP
amfbr-564	74	53	exchange	exchange	NOUN
amfbr-564	74	54	rate	rate	NOUN
amfbr-564	74	55	,	,	PUNCT
amfbr-564	74	56	𝛼8	𝛼8	NOUN
amfbr-564	74	57	and	and	CCONJ
amfbr-564	74	58	𝛼9	𝛼9	PROPN
amfbr-564	74	59	are	be	AUX
amfbr-564	74	60	model	model	NOUN
amfbr-564	74	61	coefficients	coefficient	NOUN
amfbr-564	74	62	that	that	PRON
amfbr-564	74	63	capture	capture	VERB
amfbr-564	74	64	the	the	DET
amfbr-564	74	65	concurrent	concurrent	NOUN
amfbr-564	74	66	and	and	CCONJ
amfbr-564	74	67	lagged	lag	VERB
amfbr-564	74	68	effects	effect	NOUN
amfbr-564	74	69	of	of	ADP
amfbr-564	74	70	credit	credit	NOUN
amfbr-564	74	71	to	to	ADP
amfbr-564	74	72	private	private	ADJ
amfbr-564	74	73	sector	sector	NOUN
amfbr-564	74	74	,	,	PUNCT
amfbr-564	74	75	𝛼10	𝛼10	ADJ
amfbr-564	74	76	and	and	CCONJ
amfbr-564	74	77	𝛼11	𝛼11	PROPN
amfbr-564	74	78	are	be	AUX
amfbr-564	74	79	model	model	NOUN
amfbr-564	74	80	coefficients	coefficient	NOUN
amfbr-564	74	81	that	that	PRON
amfbr-564	74	82	capture	capture	VERB
amfbr-564	74	83	the	the	DET
amfbr-564	74	84	concurrent	concurrent	NOUN
amfbr-564	74	85	and	and	CCONJ
amfbr-564	74	86	lagged	lag	VERB
amfbr-564	74	87	effects	effect	NOUN
amfbr-564	74	88	of	of	ADP
amfbr-564	74	89	interest	interest	NOUN
amfbr-564	74	90	rate	rate	NOUN
amfbr-564	74	91	spread	spread	NOUN
amfbr-564	74	92	,	,	PUNCT
amfbr-564	74	93	and	and	CCONJ
amfbr-564	74	94	𝜖𝑡	𝜖𝑡	NOUN
amfbr-564	74	95	is	be	AUX
amfbr-564	74	96	the	the	DET
amfbr-564	74	97	classical	classical	ADJ
amfbr-564	74	98	disturbance	disturbance	NOUN
amfbr-564	74	99	term	term	NOUN
amfbr-564	74	100	.	.	PUNCT
amfbr-564	75	1	for	for	ADP
amfbr-564	75	2	each	each	DET
amfbr-564	75	3	variable	variable	NOUN
amfbr-564	75	4	,	,	PUNCT
amfbr-564	75	5	we	we	PRON
amfbr-564	75	6	use	use	VERB
amfbr-564	75	7	the	the	DET
amfbr-564	75	8	total	total	ADJ
amfbr-564	75	9	effect	effect	NOUN
amfbr-564	75	10	(	(	PUNCT
amfbr-564	75	11	sum	sum	NOUN
amfbr-564	75	12	of	of	ADP
amfbr-564	75	13	the	the	DET
amfbr-564	75	14	concurrent	concurrent	NOUN
amfbr-564	75	15	and	and	CCONJ
amfbr-564	75	16	lagged	lag	VERB
amfbr-564	75	17	coefficients	coefficient	NOUN
amfbr-564	75	18	)	)	PUNCT
amfbr-564	75	19	on	on	ADP
amfbr-564	75	20	nominal	nominal	ADJ
amfbr-564	75	21	gdp	gdp	NOUN
amfbr-564	75	22	as	as	ADP
amfbr-564	75	23	its	its	PRON
amfbr-564	75	24	relative	relative	ADJ
amfbr-564	75	25	weight	weight	NOUN
amfbr-564	75	26	in	in	ADP
amfbr-564	75	27	the	the	DET
amfbr-564	75	28	construction	construction	NOUN
amfbr-564	75	29	of	of	ADP
amfbr-564	75	30	financial	financial	ADJ
amfbr-564	75	31	conditions	condition	NOUN
amfbr-564	75	32	index	index	NOUN
amfbr-564	75	33	.	.	PUNCT
amfbr-564	76	1	to	to	PART
amfbr-564	76	2	examine	examine	VERB
amfbr-564	76	3	whether	whether	SCONJ
amfbr-564	76	4	financial	financial	ADJ
amfbr-564	76	5	conditions	condition	NOUN
amfbr-564	76	6	index	index	NOUN
amfbr-564	76	7	can	can	AUX
amfbr-564	76	8	predict	predict	VERB
amfbr-564	76	9	future	future	ADJ
amfbr-564	76	10	economic	economic	ADJ
amfbr-564	76	11	performance	performance	NOUN
amfbr-564	76	12	,	,	PUNCT
amfbr-564	76	13	we	we	PRON
amfbr-564	76	14	employ	employ	VERB
amfbr-564	76	15	the	the	DET
amfbr-564	76	16	vector	vector	NOUN
amfbr-564	76	17	autoregressive	autoregressive	ADJ
amfbr-564	76	18	(	(	PUNCT
amfbr-564	76	19	var	var	NOUN
amfbr-564	76	20	)	)	PUNCT
amfbr-564	76	21	framework	framework	NOUN
amfbr-564	76	22	.	.	PUNCT
amfbr-564	77	1	the	the	DET
amfbr-564	77	2	three	three	NUM
amfbr-564	77	3	variable	variable	ADJ
amfbr-564	77	4	reduced	reduce	VERB
amfbr-564	77	5	form	form	NOUN
amfbr-564	77	6	var(1	var(1	NOUN
amfbr-564	77	7	)	)	PUNCT
amfbr-564	77	8	financial	financial	ADJ
amfbr-564	77	9	conditions	condition	NOUN
amfbr-564	77	10	index	index	NOUN
amfbr-564	77	11	,	,	PUNCT
amfbr-564	77	12	log	log	NOUN
amfbr-564	77	13	of	of	ADP
amfbr-564	77	14	inflation	inflation	NOUN
amfbr-564	77	15	and	and	CCONJ
amfbr-564	77	16	real	real	ADJ
amfbr-564	77	17	gdp	gdp	NOUN
amfbr-564	77	18	growth	growth	NOUN
amfbr-564	77	19	rate	rate	NOUN
amfbr-564	77	20	is	be	AUX
amfbr-564	77	21	specified	specify	VERB
amfbr-564	77	22	as	as	SCONJ
amfbr-564	77	23	follows	follow	VERB
amfbr-564	77	24	:	:	PUNCT
amfbr-564	77	25	𝑅𝐺𝐷𝑃𝐷𝑡	𝑅𝐺𝐷𝑃𝐷𝑡	ADP
amfbr-564	77	26	=	=	SYM
amfbr-564	77	27	𝛽01	𝛽01	NOUN
amfbr-564	77	28	+	+	CCONJ
amfbr-564	77	29	𝛽11𝑅𝐺𝐷𝑃𝐺𝑡−1	𝛽11𝑅𝐺𝐷𝑃𝐺𝑡−1	PROPN
amfbr-564	77	30	+	+	CCONJ
amfbr-564	77	31	𝛽21𝐿𝐼𝑁𝐹𝐿𝑡−1	𝛽21𝐿𝐼𝑁𝐹𝐿𝑡−1	PROPN
amfbr-564	77	32	+	+	CCONJ
amfbr-564	77	33	𝛽31𝐹𝐶𝐼𝑡−1	𝛽31𝐹𝐶𝐼𝑡−1	PROPN
amfbr-564	77	34	+	+	CCONJ
amfbr-564	77	35	𝜀1𝑡	𝜀1𝑡	PROPN
amfbr-564	78	1	𝐿𝐼𝑁𝐹𝐿𝑡	𝐿𝐼𝑁𝐹𝐿𝑡	NOUN
amfbr-564	78	2	=	=	PUNCT
amfbr-564	78	3	𝛽02	𝛽02	VERB
amfbr-564	78	4	+	+	CCONJ
amfbr-564	78	5	𝛽12𝑅𝐺𝐷𝑃𝐺𝑡−1	𝛽12𝑅𝐺𝐷𝑃𝐺𝑡−1	PROPN
amfbr-564	78	6	+	+	CCONJ
amfbr-564	78	7	𝛽22𝐿𝐼𝑁𝐹𝐿𝑡−1	𝛽22𝐿𝐼𝑁𝐹𝐿𝑡−1	ADJ
amfbr-564	78	8	+	+	CCONJ
amfbr-564	78	9	𝛽32𝐹𝐶𝐼𝑡−1	𝛽32𝐹𝐶𝐼𝑡−1	NOUN
amfbr-564	78	10	+	+	CCONJ
amfbr-564	78	11	𝜀2𝑡	𝜀2𝑡	NOUN
amfbr-564	78	12	𝐹𝐶𝐼𝑡	𝐹𝐶𝐼𝑡	NOUN
amfbr-564	78	13	=	=	SYM
amfbr-564	78	14	𝛽03	𝛽03	NOUN
amfbr-564	78	15	+	+	CCONJ
amfbr-564	78	16	𝛽13𝑅𝐺𝐷𝑃𝐺𝑡−1	𝛽13𝑅𝐺𝐷𝑃𝐺𝑡−1	PROPN
amfbr-564	78	17	+	+	CCONJ
amfbr-564	78	18	𝛽23𝐿𝐼𝑁𝐹𝐿𝑡−1	𝛽23𝐿𝐼𝑁𝐹𝐿𝑡−1	ADJ
amfbr-564	78	19	+	+	CCONJ
amfbr-564	78	20	𝛽33𝐹𝐶𝐼𝑡−1	𝛽33𝐹𝐶𝐼𝑡−1	NOUN
amfbr-564	78	21	+	+	CCONJ
amfbr-564	78	22	𝜀3𝑡	𝜀3𝑡	PROPN
amfbr-564	78	23	although	although	SCONJ
amfbr-564	78	24	,	,	PUNCT
amfbr-564	78	25	var	var	NOUN
amfbr-564	78	26	order	order	NOUN
amfbr-564	78	27	is	be	AUX
amfbr-564	78	28	typically	typically	ADV
amfbr-564	78	29	selected	select	VERB
amfbr-564	78	30	based	base	VERB
amfbr-564	78	31	on	on	ADP
amfbr-564	78	32	some	some	DET
amfbr-564	78	33	information	information	NOUN
amfbr-564	78	34	criteria	criterion	NOUN
amfbr-564	78	35	,	,	PUNCT
amfbr-564	78	36	we	we	PRON
amfbr-564	78	37	selected	select	VERB
amfbr-564	78	38	order	order	NOUN
amfbr-564	78	39	1	1	NUM
amfbr-564	78	40	on	on	ADP
amfbr-564	78	41	rule	rule	NOUN
amfbr-564	78	42	of	of	ADP
amfbr-564	78	43	thumb	thumb	NOUN
amfbr-564	78	44	basis	basis	NOUN
amfbr-564	78	45	,	,	PUNCT
amfbr-564	78	46	particularly	particularly	ADV
amfbr-564	78	47	because	because	SCONJ
amfbr-564	78	48	of	of	ADP
amfbr-564	78	49	the	the	DET
amfbr-564	78	50	frequency	frequency	NOUN
amfbr-564	78	51	of	of	ADP
amfbr-564	78	52	our	our	PRON
amfbr-564	78	53	data	datum	NOUN
amfbr-564	78	54	.	.	PUNCT
amfbr-564	79	1	4	4	X
amfbr-564	79	2	.	.	X
amfbr-564	79	3	empirical	empirical	ADJ
amfbr-564	79	4	results	result	NOUN
amfbr-564	79	5	and	and	CCONJ
amfbr-564	79	6	discussion	discussion	NOUN
amfbr-564	79	7	4.1	4.1	NUM
amfbr-564	79	8	summary	summary	NOUN
amfbr-564	79	9	statistics	statistic	NOUN
amfbr-564	79	10	the	the	DET
amfbr-564	79	11	descriptive	descriptive	ADJ
amfbr-564	79	12	summary	summary	NOUN
amfbr-564	79	13	of	of	ADP
amfbr-564	79	14	the	the	DET
amfbr-564	79	15	data	data	NOUN
amfbr-564	79	16	is	be	AUX
amfbr-564	79	17	presented	present	VERB
amfbr-564	79	18	in	in	ADP
amfbr-564	79	19	table	table	NOUN
amfbr-564	79	20	1	1	NUM
amfbr-564	79	21	.	.	PUNCT
amfbr-564	80	1	exchange	exchange	VERB
amfbr-564	80	2	the	the	DET
amfbr-564	80	3	descriptive	descriptive	ADJ
amfbr-564	80	4	statistics	statistic	NOUN
amfbr-564	80	5	shows	show	VERB
amfbr-564	80	6	that	that	SCONJ
amfbr-564	80	7	apart	apart	ADV
amfbr-564	80	8	from	from	ADP
amfbr-564	80	9	real	real	ADJ
amfbr-564	80	10	gdp	gdp	NOUN
amfbr-564	80	11	growth	growth	NOUN
amfbr-564	80	12	rate	rate	NOUN
amfbr-564	80	13	,	,	PUNCT
amfbr-564	80	14	exchange	exchange	NOUN
amfbr-564	80	15	rate	rate	NOUN
amfbr-564	80	16	and	and	CCONJ
amfbr-564	80	17	stock	stock	NOUN
amfbr-564	80	18	market	market	NOUN
amfbr-564	80	19	index	index	NOUN
amfbr-564	80	20	,	,	PUNCT
amfbr-564	80	21	all	all	DET
amfbr-564	80	22	other	other	ADJ
amfbr-564	80	23	series	series	NOUN
amfbr-564	80	24	have	have	VERB
amfbr-564	80	25	a	a	DET
amfbr-564	80	26	distribution	distribution	NOUN
amfbr-564	80	27	that	that	PRON
amfbr-564	80	28	significantly	significantly	ADV
amfbr-564	80	29	deviates	deviate	VERB
amfbr-564	80	30	from	from	ADP
amfbr-564	80	31	normal	normal	ADJ
amfbr-564	80	32	distribution	distribution	NOUN
amfbr-564	80	33	.	.	PUNCT
amfbr-564	81	1	table	table	NOUN
amfbr-564	81	2	1	1	NUM
amfbr-564	81	3	.	.	PUNCT
amfbr-564	82	1	statistical	statistical	ADJ
amfbr-564	82	2	summary	summary	NOUN
amfbr-564	82	3	of	of	ADP
amfbr-564	82	4	the	the	DET
amfbr-564	82	5	variables	variables	PROPN
amfbr-564	82	6	variable	variable	ADJ
amfbr-564	82	7	�	�	PROPN
amfbr-564	82	8	̅	̅	NOUN
amfbr-564	82	9	�	�	PROPN
amfbr-564	82	10	max	max	PROPN
amfbr-564	82	11	min	min	PROPN
amfbr-564	83	1	𝛔	𝛔	PROPN
amfbr-564	83	2	𝐒	𝐒	PROPN
amfbr-564	83	3	𝐊	𝐊	PROPN
amfbr-564	83	4	jb	jb	PROPN
amfbr-564	83	5	stat	stat	PROPN
amfbr-564	83	6	growth	growth	NOUN
amfbr-564	83	7	rate	rate	NOUN
amfbr-564	83	8	4.95	4.95	NUM
amfbr-564	83	9	14.60	14.60	NUM
amfbr-564	83	10	-1.58	-1.58	NOUN
amfbr-564	83	11	3.81	3.81	NUM
amfbr-564	83	12	0.38	0.38	NUM
amfbr-564	83	13	2.63	2.63	NUM
amfbr-564	83	14	1.0292(0.5977	1.0292(0.5977	NUM
amfbr-564	83	15	)	)	PUNCT
amfbr-564	83	16	inflation	inflation	NOUN
amfbr-564	83	17	19.69	19.69	NUM
amfbr-564	83	18	76.76	76.76	NUM
amfbr-564	83	19	0.22	0.22	NUM
amfbr-564	83	20	18.92	18.92	NUM
amfbr-564	83	21	1.68	1.68	NUM
amfbr-564	83	22	4.68	4.68	NUM
amfbr-564	83	23	19.9173(0.0000	19.9173(0.0000	NUM
amfbr-564	83	24	)	)	PUNCT
amfbr-564	83	25	nominal	nominal	PROPN
amfbr-564	83	26	gdp	gdp	NOUN
amfbr-564	83	27	30794.20	30794.20	NUM
amfbr-564	83	28	127762.50	127762.50	NUM
amfbr-564	83	29	192.27	192.27	NUM
amfbr-564	83	30	38661.73	38661.73	NUM
amfbr-564	83	31	1.13	1.13	NUM
amfbr-564	83	32	2.94	2.94	NUM
amfbr-564	83	33	7.1861(0.0275	7.1861(0.0275	NUM
amfbr-564	83	34	)	)	PUNCT
amfbr-564	83	35	treasury	treasury	NOUN
amfbr-564	83	36	bills	bill	NOUN
amfbr-564	83	37	rate	rate	VERB
amfbr-564	83	38	12.44	12.44	NUM
amfbr-564	83	39	26.90	26.90	NUM
amfbr-564	83	40	3.72	3.72	NUM
amfbr-564	83	41	4.59	4.59	NUM
amfbr-564	83	42	0.84	0.84	NUM
amfbr-564	83	43	4.52	4.52	NUM
amfbr-564	83	44	7.2417(0.0268	7.2417(0.0268	NUM
amfbr-564	83	45	)	)	PUNCT
amfbr-564	83	46	exchange	exchange	NOUN
amfbr-564	83	47	rate	rate	NOUN
amfbr-564	83	48	101.96	101.96	NUM
amfbr-564	83	49	306.92	306.92	NUM
amfbr-564	83	50	0.96	0.96	NUM
amfbr-564	83	51	90.14	90.14	NUM
amfbr-564	83	52	0.74	0.74	NUM
amfbr-564	83	53	2.96	2.96	NUM
amfbr-564	83	54	3.1346(0.2086	3.1346(0.2086	NUM
amfbr-564	83	55	)	)	PUNCT
amfbr-564	83	56	stock	stock	NOUN
amfbr-564	83	57	market	market	NOUN
amfbr-564	83	58	index	index	NOUN
amfbr-564	83	59	16298.33	16298.33	NUM
amfbr-564	83	60	57990.20	57990.20	NUM
amfbr-564	83	61	127.30	127.30	NUM
amfbr-564	83	62	15238.20	15238.20	NUM
amfbr-564	83	63	0.68	0.68	NUM
amfbr-564	83	64	2.71	2.71	NUM
amfbr-564	83	65	2.7681(0.2506	2.7681(0.2506	NUM
amfbr-564	83	66	)	)	PUNCT
amfbr-564	83	67	credit	credit	NOUN
amfbr-564	83	68	to	to	ADP
amfbr-564	83	69	private	private	ADJ
amfbr-564	83	70	sector	sector	NOUN
amfbr-564	83	71	5391.61	5391.61	NUM
amfbr-564	83	72	22521.93	22521.93	NUM
amfbr-564	83	73	13.07	13.07	NUM
amfbr-564	83	74	7650.56	7650.56	NUM
amfbr-564	83	75	1.17	1.17	NUM
amfbr-564	83	76	2.81	2.81	NUM
amfbr-564	83	77	7.7921(0.0203	7.7921(0.0203	NOUN
amfbr-564	83	78	)	)	PUNCT
amfbr-564	84	1	spread	spread	VERB
amfbr-564	84	2	4.79	4.79	NUM
amfbr-564	84	3	12.99	12.99	NUM
amfbr-564	84	4	-7.68	-7.68	NUM
amfbr-564	84	5	3.95	3.95	NUM
amfbr-564	84	6	-0.62	-0.62	NUM
amfbr-564	84	7	4.91	4.91	NUM
amfbr-564	84	8	7.3185(0.0258	7.3185(0.0258	NUM
amfbr-564	84	9	)	)	PUNCT
amfbr-564	84	10	copyright	copyright	NOUN
amfbr-564	84	11	©	©	PROPN
amfbr-564	84	12	cc	cc	PROPN
amfbr-564	84	13	-	-	PUNCT
amfbr-564	84	14	by	by	ADP
amfbr-564	84	15	-	-	PUNCT
amfbr-564	84	16	nc	nc	PROPN
amfbr-564	84	17	2020	2020	NUM
amfbr-564	84	18	,	,	PUNCT
amfbr-564	84	19	cribfb	cribfb	PROPN
amfbr-564	84	20	|	|	ADV
amfbr-564	84	21	amfbr	amfbr	ADJ
amfbr-564	84	22	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	84	23	american	american	PROPN
amfbr-564	84	24	finance	finance	PROPN
amfbr-564	84	25	&	&	CCONJ
amfbr-564	84	26	banking	banking	PROPN
amfbr-564	84	27	review	review	PROPN
amfbr-564	84	28	vol	vol	NOUN
amfbr-564	84	29	.	.	PROPN
amfbr-564	85	1	5	5	NUM
amfbr-564	85	2	,	,	PUNCT
amfbr-564	85	3	no	no	INTJ
amfbr-564	85	4	.	.	NOUN
amfbr-564	85	5	1	1	NUM
amfbr-564	85	6	;	;	PUNCT
amfbr-564	85	7	2020	2020	NUM
amfbr-564	85	8	66	66	NUM
amfbr-564	85	9	4.1	4.1	NUM
amfbr-564	85	10	financial	financial	ADJ
amfbr-564	85	11	conditions	condition	NOUN
amfbr-564	85	12	variables	variable	NOUN
amfbr-564	85	13	and	and	CCONJ
amfbr-564	85	14	economic	economic	ADJ
amfbr-564	85	15	growth	growth	NOUN
amfbr-564	85	16	table	table	NOUN
amfbr-564	85	17	2	2	NUM
amfbr-564	85	18	shows	show	VERB
amfbr-564	85	19	the	the	DET
amfbr-564	85	20	results	result	NOUN
amfbr-564	85	21	of	of	ADP
amfbr-564	85	22	the	the	DET
amfbr-564	85	23	estimated	estimate	VERB
amfbr-564	85	24	optimal	optimal	ADJ
amfbr-564	85	25	ardl	ardl	NOUN
amfbr-564	85	26	model	model	NOUN
amfbr-564	85	27	for	for	ADP
amfbr-564	85	28	the	the	DET
amfbr-564	85	29	relationship	relationship	NOUN
amfbr-564	85	30	between	between	ADP
amfbr-564	85	31	financial	financial	ADJ
amfbr-564	85	32	conditions	condition	NOUN
amfbr-564	85	33	variables	variable	NOUN
amfbr-564	85	34	(	(	PUNCT
amfbr-564	85	35	treasury	treasury	NOUN
amfbr-564	85	36	bill	bill	NOUN
amfbr-564	85	37	rate	rate	NOUN
amfbr-564	85	38	,	,	PUNCT
amfbr-564	85	39	stock	stock	NOUN
amfbr-564	85	40	market	market	NOUN
amfbr-564	85	41	index	index	NOUN
amfbr-564	85	42	,	,	PUNCT
amfbr-564	85	43	exchange	exchange	NOUN
amfbr-564	85	44	rate	rate	NOUN
amfbr-564	85	45	,	,	PUNCT
amfbr-564	85	46	spread	spread	NOUN
amfbr-564	85	47	and	and	CCONJ
amfbr-564	85	48	credit	credit	NOUN
amfbr-564	85	49	to	to	ADP
amfbr-564	85	50	private	private	ADJ
amfbr-564	85	51	sector	sector	NOUN
amfbr-564	85	52	)	)	PUNCT
amfbr-564	85	53	and	and	CCONJ
amfbr-564	85	54	nominal	nominal	ADJ
amfbr-564	85	55	gross	gross	ADJ
amfbr-564	85	56	domestic	domestic	ADJ
amfbr-564	85	57	product	product	NOUN
amfbr-564	85	58	.	.	PUNCT
amfbr-564	86	1	the	the	DET
amfbr-564	86	2	lag	lag	NOUN
amfbr-564	86	3	selection	selection	NOUN
amfbr-564	86	4	for	for	ADP
amfbr-564	86	5	each	each	DET
amfbr-564	86	6	variable	variable	NOUN
amfbr-564	86	7	is	be	AUX
amfbr-564	86	8	based	base	VERB
amfbr-564	86	9	on	on	ADP
amfbr-564	86	10	schwarz	schwarz	PROPN
amfbr-564	86	11	information	information	NOUN
amfbr-564	86	12	criterion	criterion	NOUN
amfbr-564	86	13	.	.	PUNCT
amfbr-564	87	1	as	as	SCONJ
amfbr-564	87	2	stated	state	VERB
amfbr-564	87	3	in	in	ADP
amfbr-564	87	4	the	the	DET
amfbr-564	87	5	previous	previous	ADJ
amfbr-564	87	6	section	section	NOUN
amfbr-564	87	7	,	,	PUNCT
amfbr-564	87	8	the	the	DET
amfbr-564	87	9	estimated	estimate	VERB
amfbr-564	87	10	betas	beta	NOUN
amfbr-564	87	11	would	would	AUX
amfbr-564	87	12	be	be	AUX
amfbr-564	87	13	used	use	VERB
amfbr-564	87	14	as	as	ADP
amfbr-564	87	15	weightings	weighting	NOUN
amfbr-564	87	16	for	for	ADP
amfbr-564	87	17	the	the	DET
amfbr-564	87	18	construction	construction	NOUN
amfbr-564	87	19	of	of	ADP
amfbr-564	87	20	financial	financial	ADJ
amfbr-564	87	21	conditions	condition	NOUN
amfbr-564	87	22	index	index	NOUN
amfbr-564	87	23	.	.	PUNCT
amfbr-564	88	1	the	the	DET
amfbr-564	88	2	estimation	estimation	NOUN
amfbr-564	88	3	is	be	AUX
amfbr-564	88	4	based	base	VERB
amfbr-564	88	5	on	on	ADP
amfbr-564	88	6	newey	newey	PROPN
amfbr-564	88	7	-	-	PUNCT
amfbr-564	88	8	west	west	PROPN
amfbr-564	88	9	standard	standard	ADJ
amfbr-564	88	10	errors	error	NOUN
amfbr-564	88	11	which	which	PRON
amfbr-564	88	12	are	be	AUX
amfbr-564	88	13	consistent	consistent	ADJ
amfbr-564	88	14	even	even	ADV
amfbr-564	88	15	in	in	ADP
amfbr-564	88	16	the	the	DET
amfbr-564	88	17	presence	presence	NOUN
amfbr-564	88	18	of	of	ADP
amfbr-564	88	19	autocorrelation	autocorrelation	NOUN
amfbr-564	88	20	and	and	CCONJ
amfbr-564	88	21	heteroskedasticity	heteroskedasticity	NOUN
amfbr-564	88	22	.	.	PUNCT
amfbr-564	89	1	table	table	NOUN
amfbr-564	89	2	2	2	NUM
amfbr-564	89	3	.	.	PUNCT
amfbr-564	89	4	short	short	ADJ
amfbr-564	89	5	run	run	NOUN
amfbr-564	89	6	and	and	CCONJ
amfbr-564	89	7	long	long	ADJ
amfbr-564	89	8	run	run	NOUN
amfbr-564	89	9	results	result	NOUN
amfbr-564	89	10	for	for	ADP
amfbr-564	89	11	finance	finance	NOUN
amfbr-564	89	12	and	and	CCONJ
amfbr-564	89	13	growth	growth	NOUN
amfbr-564	89	14	;	;	PUNCT
amfbr-564	89	15	p	p	X
amfbr-564	89	16	-	-	PUNCT
amfbr-564	89	17	values	value	NOUN
amfbr-564	89	18	in	in	ADP
amfbr-564	89	19	(	(	PUNCT
amfbr-564	89	20	)	)	PUNCT
amfbr-564	89	21	variable	variable	ADJ
amfbr-564	89	22	short	short	ADJ
amfbr-564	89	23	run	run	NOUN
amfbr-564	89	24	coefficient	coefficient	NOUN
amfbr-564	89	25	long	long	ADJ
amfbr-564	89	26	run	run	NOUN
amfbr-564	89	27	coefficient	coefficient	NOUN
amfbr-564	89	28	total	total	ADJ
amfbr-564	89	29	gdp(-1	gdp(-1	NOUN
amfbr-564	89	30	)	)	PUNCT
amfbr-564	89	31	0.4294	0.4294	NUM
amfbr-564	89	32	(	(	PUNCT
amfbr-564	89	33	0.0180	0.0180	NUM
amfbr-564	89	34	)	)	PUNCT
amfbr-564	89	35	–	–	PUNCT
amfbr-564	89	36	–	–	PUNCT
amfbr-564	89	37	tbr	tbr	NOUN
amfbr-564	89	38	0.0612	0.0612	NUM
amfbr-564	89	39	(	(	PUNCT
amfbr-564	89	40	0.0851	0.0851	NUM
amfbr-564	89	41	)	)	PUNCT
amfbr-564	89	42	0.1074(0.0979	0.1074(0.0979	NUM
amfbr-564	89	43	)	)	PUNCT
amfbr-564	89	44	0.1687	0.1687	NUM
amfbr-564	89	45	asi	asi	NOUN
amfbr-564	89	46	0.1908	0.1908	NUM
amfbr-564	89	47	(	(	PUNCT
amfbr-564	89	48	0.0035	0.0035	NUM
amfbr-564	89	49	)	)	PUNCT
amfbr-564	89	50	0.3345	0.3345	NUM
amfbr-564	89	51	(	(	PUNCT
amfbr-564	89	52	0.0000	0.0000	NUM
amfbr-564	89	53	)	)	PUNCT
amfbr-564	89	54	0.5253	0.5253	NUM
amfbr-564	89	55	exr	exr	PROPN
amfbr-564	89	56	0.0504	0.0504	NUM
amfbr-564	89	57	(	(	PUNCT
amfbr-564	89	58	0.0563	0.0563	NUM
amfbr-564	89	59	)	)	PUNCT
amfbr-564	89	60	0.0884	0.0884	NUM
amfbr-564	89	61	(	(	PUNCT
amfbr-564	89	62	0.1537	0.1537	NUM
amfbr-564	89	63	)	)	PUNCT
amfbr-564	89	64	0.1389	0.1389	NUM
amfbr-564	89	65	cps	cp	VERB
amfbr-564	89	66	0.1166	0.1166	NUM
amfbr-564	89	67	(	(	PUNCT
amfbr-564	89	68	0.0690	0.0690	NUM
amfbr-564	89	69	)	)	PUNCT
amfbr-564	89	70	0.5549	0.5549	NUM
amfbr-564	89	71	(	(	PUNCT
amfbr-564	89	72	0.0000	0.0000	NUM
amfbr-564	89	73	)	)	PUNCT
amfbr-564	90	1	0.6715	0.6715	NUM
amfbr-564	90	2	spread	spread	VERB
amfbr-564	90	3	-0.0374	-0.0374	NOUN
amfbr-564	90	4	(	(	PUNCT
amfbr-564	90	5	0.1103	0.1103	NUM
amfbr-564	90	6	)	)	PUNCT
amfbr-564	90	7	-0.0656	-0.0656	NOUN
amfbr-564	90	8	(	(	PUNCT
amfbr-564	90	9	0.2060	0.2060	NUM
amfbr-564	90	10	)	)	PUNCT
amfbr-564	90	11	-0.1031	-0.1031	NOUN
amfbr-564	90	12	cointeq(-1	cointeq(-1	NOUN
amfbr-564	90	13	)	)	PUNCT
amfbr-564	90	14	-0.5705	-0.5705	NOUN
amfbr-564	91	1	(	(	PUNCT
amfbr-564	91	2	0.0025	0.0025	NUM
amfbr-564	91	3	)	)	PUNCT
amfbr-564	91	4	–	–	PUNCT
amfbr-564	91	5	–	–	PUNCT
amfbr-564	91	6	constant	constant	ADJ
amfbr-564	91	7	–	–	PUNCT
amfbr-564	91	8	2.0663	2.0663	NUM
amfbr-564	91	9	(	(	PUNCT
amfbr-564	91	10	0.0000	0.0000	NUM
amfbr-564	91	11	)	)	PUNCT
amfbr-564	91	12	–	–	PUNCT
amfbr-564	91	13	as	as	ADP
amfbr-564	91	14	table	table	NOUN
amfbr-564	91	15	2	2	NUM
amfbr-564	91	16	shows	show	NOUN
amfbr-564	91	17	,	,	PUNCT
amfbr-564	91	18	our	our	PRON
amfbr-564	91	19	regression	regression	NOUN
amfbr-564	91	20	results	result	NOUN
amfbr-564	91	21	are	be	AUX
amfbr-564	91	22	striking	strike	VERB
amfbr-564	91	23	in	in	ADP
amfbr-564	91	24	many	many	ADJ
amfbr-564	91	25	ways	way	NOUN
amfbr-564	91	26	.	.	PUNCT
amfbr-564	92	1	first	first	ADV
amfbr-564	92	2	,	,	PUNCT
amfbr-564	92	3	the	the	DET
amfbr-564	92	4	coefficient	coefficient	NOUN
amfbr-564	92	5	on	on	ADP
amfbr-564	92	6	gdp(-1)(beta	gdp(-1)(beta	PROPN
amfbr-564	92	7	=	=	PUNCT
amfbr-564	92	8	0.4294	0.4294	NUM
amfbr-564	92	9	,	,	PUNCT
amfbr-564	92	10	p	p	NOUN
amfbr-564	92	11	-	-	PUNCT
amfbr-564	92	12	value	value	NOUN
amfbr-564	92	13	=	=	SYM
amfbr-564	92	14	0.0180	0.0180	NUM
amfbr-564	92	15	)	)	PUNCT
amfbr-564	92	16	is	be	AUX
amfbr-564	92	17	positive	positive	ADJ
amfbr-564	92	18	and	and	CCONJ
amfbr-564	92	19	statistically	statistically	ADV
amfbr-564	92	20	different	different	ADJ
amfbr-564	92	21	from	from	ADP
amfbr-564	92	22	zero	zero	NUM
amfbr-564	92	23	at	at	ADP
amfbr-564	92	24	5	5	NUM
amfbr-564	92	25	%	%	NOUN
amfbr-564	92	26	significance	significance	NOUN
amfbr-564	92	27	level	level	NOUN
amfbr-564	92	28	,	,	PUNCT
amfbr-564	92	29	indicating	indicate	VERB
amfbr-564	92	30	that	that	SCONJ
amfbr-564	92	31	lagged	lag	VERB
amfbr-564	92	32	nominal	nominal	ADJ
amfbr-564	92	33	gross	gross	ADJ
amfbr-564	92	34	domestic	domestic	ADJ
amfbr-564	92	35	product	product	NOUN
amfbr-564	92	36	is	be	AUX
amfbr-564	92	37	a	a	DET
amfbr-564	92	38	positive	positive	ADJ
amfbr-564	92	39	determinant	determinant	NOUN
amfbr-564	92	40	of	of	ADP
amfbr-564	92	41	current	current	ADJ
amfbr-564	92	42	nominal	nominal	ADJ
amfbr-564	92	43	gross	gross	ADJ
amfbr-564	92	44	domestic	domestic	ADJ
amfbr-564	92	45	product	product	NOUN
amfbr-564	92	46	.	.	PUNCT
amfbr-564	93	1	a	a	DET
amfbr-564	93	2	1	1	NUM
amfbr-564	93	3	%	%	NOUN
amfbr-564	93	4	increase	increase	NOUN
amfbr-564	93	5	in	in	ADP
amfbr-564	93	6	the	the	DET
amfbr-564	93	7	nominal	nominal	ADJ
amfbr-564	93	8	gdp	gdp	NOUN
amfbr-564	93	9	in	in	ADP
amfbr-564	93	10	the	the	DET
amfbr-564	93	11	current	current	ADJ
amfbr-564	93	12	period	period	NOUN
amfbr-564	93	13	would	would	AUX
amfbr-564	93	14	lead	lead	VERB
amfbr-564	93	15	to	to	ADP
amfbr-564	93	16	approximately	approximately	ADV
amfbr-564	93	17	0.43	0.43	NUM
amfbr-564	93	18	%	%	NOUN
amfbr-564	93	19	increase	increase	NOUN
amfbr-564	93	20	in	in	ADP
amfbr-564	93	21	the	the	DET
amfbr-564	93	22	next	next	ADJ
amfbr-564	93	23	period	period	NOUN
amfbr-564	93	24	nominal	nominal	PROPN
amfbr-564	93	25	gdp	gdp	PROPN
amfbr-564	93	26	,	,	PUNCT
amfbr-564	93	27	holding	hold	VERB
amfbr-564	93	28	the	the	DET
amfbr-564	93	29	impact	impact	NOUN
amfbr-564	93	30	of	of	ADP
amfbr-564	93	31	financial	financial	ADJ
amfbr-564	93	32	conditions	condition	NOUN
amfbr-564	93	33	variables	variable	NOUN
amfbr-564	93	34	constant	constant	ADJ
amfbr-564	93	35	.	.	PUNCT
amfbr-564	94	1	thus	thus	ADV
amfbr-564	94	2	,	,	PUNCT
amfbr-564	94	3	initial	initial	ADJ
amfbr-564	94	4	growth	growth	NOUN
amfbr-564	94	5	level	level	NOUN
amfbr-564	94	6	affects	affect	VERB
amfbr-564	94	7	the	the	DET
amfbr-564	94	8	current	current	ADJ
amfbr-564	94	9	growth	growth	NOUN
amfbr-564	94	10	.	.	PUNCT
amfbr-564	95	1	secondly	secondly	ADV
amfbr-564	95	2	,	,	PUNCT
amfbr-564	95	3	focusing	focus	VERB
amfbr-564	95	4	on	on	ADP
amfbr-564	95	5	the	the	DET
amfbr-564	95	6	short	short	ADJ
amfbr-564	95	7	run	run	NOUN
amfbr-564	95	8	results	result	NOUN
amfbr-564	95	9	,	,	PUNCT
amfbr-564	95	10	we	we	PRON
amfbr-564	95	11	can	can	AUX
amfbr-564	95	12	see	see	VERB
amfbr-564	95	13	that	that	DET
amfbr-564	95	14	nominal	nominal	ADJ
amfbr-564	95	15	gdp	gdp	NOUN
amfbr-564	95	16	is	be	AUX
amfbr-564	95	17	positively	positively	ADV
amfbr-564	95	18	related	relate	VERB
amfbr-564	95	19	to	to	ADP
amfbr-564	95	20	riskless	riskless	NOUN
amfbr-564	95	21	interest	interest	NOUN
amfbr-564	95	22	rate	rate	NOUN
amfbr-564	95	23	(	(	PUNCT
amfbr-564	95	24	beta	beta	NOUN
amfbr-564	95	25	=	=	NOUN
amfbr-564	95	26	0.0612	0.0612	NUM
amfbr-564	95	27	)	)	PUNCT
amfbr-564	95	28	,	,	PUNCT
amfbr-564	95	29	stock	stock	NOUN
amfbr-564	95	30	market	market	NOUN
amfbr-564	95	31	index	index	NOUN
amfbr-564	95	32	(	(	PUNCT
amfbr-564	95	33	beta	beta	NOUN
amfbr-564	95	34	=	=	SYM
amfbr-564	95	35	0.1908	0.1908	NUM
amfbr-564	95	36	)	)	PUNCT
amfbr-564	95	37	,	,	PUNCT
amfbr-564	95	38	exchange	exchange	NOUN
amfbr-564	95	39	rate	rate	NOUN
amfbr-564	95	40	(	(	PUNCT
amfbr-564	95	41	beta	beta	NOUN
amfbr-564	95	42	=	=	NOUN
amfbr-564	95	43	0.0504	0.0504	NUM
amfbr-564	95	44	)	)	PUNCT
amfbr-564	95	45	and	and	CCONJ
amfbr-564	95	46	credit	credit	NOUN
amfbr-564	95	47	to	to	ADP
amfbr-564	95	48	private	private	ADJ
amfbr-564	95	49	sector	sector	NOUN
amfbr-564	95	50	(	(	PUNCT
amfbr-564	95	51	beta	beta	NOUN
amfbr-564	95	52	=	=	NOUN
amfbr-564	95	53	0.1166	0.1166	NUM
amfbr-564	95	54	)	)	PUNCT
amfbr-564	95	55	,	,	PUNCT
amfbr-564	95	56	while	while	SCONJ
amfbr-564	95	57	it	it	PRON
amfbr-564	95	58	is	be	AUX
amfbr-564	95	59	negatively	negatively	ADV
amfbr-564	95	60	related	relate	VERB
amfbr-564	95	61	to	to	ADP
amfbr-564	95	62	interest	interest	NOUN
amfbr-564	95	63	rate	rate	NOUN
amfbr-564	95	64	spread	spread	NOUN
amfbr-564	95	65	(	(	PUNCT
amfbr-564	95	66	beta	beta	NOUN
amfbr-564	95	67	=	=	SYM
amfbr-564	95	68	-0.0374	-0.0374	PROPN
amfbr-564	95	69	)	)	PUNCT
amfbr-564	95	70	.	.	PUNCT
amfbr-564	96	1	further	far	ADV
amfbr-564	96	2	,	,	PUNCT
amfbr-564	96	3	while	while	SCONJ
amfbr-564	96	4	the	the	DET
amfbr-564	96	5	effect	effect	NOUN
amfbr-564	96	6	of	of	ADP
amfbr-564	96	7	stock	stock	NOUN
amfbr-564	96	8	market	market	NOUN
amfbr-564	96	9	index	index	NOUN
amfbr-564	96	10	(	(	PUNCT
amfbr-564	96	11	p	p	NOUN
amfbr-564	96	12	-	-	PUNCT
amfbr-564	96	13	value	value	NOUN
amfbr-564	96	14	0.0035	0.0035	NUM
amfbr-564	96	15	)	)	PUNCT
amfbr-564	96	16	is	be	AUX
amfbr-564	96	17	highly	highly	ADV
amfbr-564	96	18	statistically	statistically	ADV
amfbr-564	96	19	significant	significant	ADJ
amfbr-564	96	20	,	,	PUNCT
amfbr-564	96	21	the	the	DET
amfbr-564	96	22	effects	effect	NOUN
amfbr-564	96	23	of	of	ADP
amfbr-564	96	24	riskless	riskless	NOUN
amfbr-564	96	25	interest	interest	NOUN
amfbr-564	96	26	rate	rate	NOUN
amfbr-564	96	27	(	(	PUNCT
amfbr-564	96	28	p	p	NOUN
amfbr-564	96	29	-	-	PUNCT
amfbr-564	96	30	value	value	NOUN
amfbr-564	96	31	0.0851	0.0851	NUM
amfbr-564	96	32	)	)	PUNCT
amfbr-564	96	33	,	,	PUNCT
amfbr-564	96	34	exchange	exchange	NOUN
amfbr-564	96	35	rate	rate	NOUN
amfbr-564	96	36	(	(	PUNCT
amfbr-564	96	37	p	p	NOUN
amfbr-564	96	38	-	-	PUNCT
amfbr-564	96	39	value	value	NOUN
amfbr-564	96	40	0.0563	0.0563	NUM
amfbr-564	96	41	)	)	PUNCT
amfbr-564	96	42	and	and	CCONJ
amfbr-564	96	43	private	private	ADJ
amfbr-564	96	44	sector	sector	NOUN
amfbr-564	96	45	credit	credit	NOUN
amfbr-564	96	46	(	(	PUNCT
amfbr-564	96	47	p	p	NOUN
amfbr-564	96	48	-	-	PUNCT
amfbr-564	96	49	value	value	NOUN
amfbr-564	96	50	0.0690	0.0690	NUM
amfbr-564	96	51	)	)	PUNCT
amfbr-564	96	52	all	all	PRON
amfbr-564	96	53	are	be	AUX
amfbr-564	96	54	significant	significant	ADJ
amfbr-564	96	55	at	at	ADP
amfbr-564	96	56	10	10	NUM
amfbr-564	96	57	%	%	NOUN
amfbr-564	96	58	level	level	NOUN
amfbr-564	96	59	.	.	PUNCT
amfbr-564	97	1	however	however	ADV
amfbr-564	97	2	,	,	PUNCT
amfbr-564	97	3	the	the	DET
amfbr-564	97	4	level	level	NOUN
amfbr-564	97	5	of	of	ADP
amfbr-564	97	6	significance	significance	NOUN
amfbr-564	97	7	of	of	ADP
amfbr-564	97	8	the	the	DET
amfbr-564	97	9	effect	effect	NOUN
amfbr-564	97	10	of	of	ADP
amfbr-564	97	11	interest	interest	NOUN
amfbr-564	97	12	rate	rate	NOUN
amfbr-564	97	13	spread	spread	NOUN
amfbr-564	97	14	(	(	PUNCT
amfbr-564	97	15	p	p	NOUN
amfbr-564	97	16	-	-	PUNCT
amfbr-564	97	17	value	value	NOUN
amfbr-564	97	18	0.1103	0.1103	NUM
amfbr-564	97	19	)	)	PUNCT
amfbr-564	97	20	exceeds	exceed	VERB
amfbr-564	97	21	all	all	DET
amfbr-564	97	22	customary	customary	ADJ
amfbr-564	97	23	levels	level	NOUN
amfbr-564	97	24	.	.	PUNCT
amfbr-564	98	1	these	these	DET
amfbr-564	98	2	results	result	NOUN
amfbr-564	98	3	suggest	suggest	VERB
amfbr-564	98	4	that	that	SCONJ
amfbr-564	98	5	relatively	relatively	ADV
amfbr-564	98	6	,	,	PUNCT
amfbr-564	98	7	capital	capital	NOUN
amfbr-564	98	8	market	market	NOUN
amfbr-564	98	9	has	have	VERB
amfbr-564	98	10	the	the	DET
amfbr-564	98	11	highest	high	ADJ
amfbr-564	98	12	beneficial	beneficial	ADJ
amfbr-564	98	13	impact	impact	NOUN
amfbr-564	98	14	on	on	ADP
amfbr-564	98	15	nominal	nominal	PROPN
amfbr-564	98	16	gdp	gdp	NOUN
amfbr-564	98	17	,	,	PUNCT
amfbr-564	98	18	followed	follow	VERB
amfbr-564	98	19	by	by	ADP
amfbr-564	98	20	private	private	ADJ
amfbr-564	98	21	sector	sector	NOUN
amfbr-564	98	22	credit	credit	NOUN
amfbr-564	98	23	,	,	PUNCT
amfbr-564	98	24	and	and	CCONJ
amfbr-564	98	25	then	then	ADV
amfbr-564	98	26	by	by	ADP
amfbr-564	98	27	riskless	riskless	NOUN
amfbr-564	98	28	interest	interest	NOUN
amfbr-564	98	29	rate	rate	NOUN
amfbr-564	98	30	,	,	PUNCT
amfbr-564	98	31	while	while	SCONJ
amfbr-564	98	32	exchange	exchange	NOUN
amfbr-564	98	33	rate	rate	NOUN
amfbr-564	98	34	has	have	VERB
amfbr-564	98	35	the	the	DET
amfbr-564	98	36	least	least	ADJ
amfbr-564	98	37	beneficial	beneficial	ADJ
amfbr-564	98	38	impact	impact	NOUN
amfbr-564	98	39	.	.	PUNCT
amfbr-564	99	1	however	however	ADV
amfbr-564	99	2	,	,	PUNCT
amfbr-564	99	3	an	an	DET
amfbr-564	99	4	increase	increase	NOUN
amfbr-564	99	5	in	in	ADP
amfbr-564	99	6	interest	interest	NOUN
amfbr-564	99	7	rate	rate	NOUN
amfbr-564	99	8	spread	spread	NOUN
amfbr-564	99	9	would	would	AUX
amfbr-564	99	10	marginally	marginally	ADV
amfbr-564	99	11	reduce	reduce	VERB
amfbr-564	99	12	nominal	nominal	ADJ
amfbr-564	99	13	gdp	gdp	NOUN
amfbr-564	99	14	.	.	PUNCT
amfbr-564	100	1	thirdly	thirdly	ADV
amfbr-564	100	2	,	,	PUNCT
amfbr-564	100	3	the	the	DET
amfbr-564	100	4	error	error	NOUN
amfbr-564	100	5	correction	correction	NOUN
amfbr-564	100	6	term	term	NOUN
amfbr-564	100	7	(	(	PUNCT
amfbr-564	100	8	cointeq(-1	cointeq(-1	NOUN
amfbr-564	100	9	)	)	PUNCT
amfbr-564	100	10	=	=	SYM
amfbr-564	100	11	-0.5705	-0.5705	NOUN
amfbr-564	100	12	,	,	PUNCT
amfbr-564	100	13	p	p	NOUN
amfbr-564	100	14	-	-	PUNCT
amfbr-564	100	15	value	value	NOUN
amfbr-564	100	16	=	=	NOUN
amfbr-564	100	17	0.0025	0.0025	NUM
amfbr-564	100	18	)	)	PUNCT
amfbr-564	100	19	has	have	VERB
amfbr-564	100	20	the	the	DET
amfbr-564	100	21	expected	expect	VERB
amfbr-564	100	22	negative	negative	ADJ
amfbr-564	100	23	sign	sign	NOUN
amfbr-564	100	24	,	,	PUNCT
amfbr-564	100	25	and	and	CCONJ
amfbr-564	100	26	is	be	AUX
amfbr-564	100	27	also	also	ADV
amfbr-564	100	28	quite	quite	ADV
amfbr-564	100	29	large	large	ADJ
amfbr-564	100	30	and	and	CCONJ
amfbr-564	100	31	highly	highly	ADV
amfbr-564	100	32	statistically	statistically	ADV
amfbr-564	100	33	significant	significant	ADJ
amfbr-564	100	34	,	,	PUNCT
amfbr-564	100	35	indicating	indicate	VERB
amfbr-564	100	36	that	that	SCONJ
amfbr-564	100	37	the	the	DET
amfbr-564	100	38	estimated	estimate	VERB
amfbr-564	100	39	nominal	nominal	ADJ
amfbr-564	100	40	gdp	gdp	NOUN
amfbr-564	100	41	model	model	NOUN
amfbr-564	100	42	can	can	AUX
amfbr-564	100	43	quickly	quickly	ADV
amfbr-564	100	44	attain	attain	VERB
amfbr-564	100	45	equilibrium	equilibrium	NOUN
amfbr-564	100	46	in	in	ADP
amfbr-564	100	47	the	the	DET
amfbr-564	100	48	long	long	ADJ
amfbr-564	100	49	run	run	NOUN
amfbr-564	100	50	despite	despite	SCONJ
amfbr-564	100	51	any	any	DET
amfbr-564	100	52	short	short	ADJ
amfbr-564	100	53	run	run	NOUN
amfbr-564	100	54	disturbances	disturbance	NOUN
amfbr-564	100	55	,	,	PUNCT
amfbr-564	100	56	and	and	CCONJ
amfbr-564	100	57	the	the	DET
amfbr-564	100	58	speed	speed	NOUN
amfbr-564	100	59	of	of	ADP
amfbr-564	100	60	adjustment	adjustment	NOUN
amfbr-564	100	61	is	be	AUX
amfbr-564	100	62	about	about	ADV
amfbr-564	100	63	57	57	NUM
amfbr-564	100	64	%	%	NOUN
amfbr-564	100	65	per	per	ADP
amfbr-564	100	66	annum	annum	NOUN
amfbr-564	100	67	.	.	PUNCT
amfbr-564	101	1	finally	finally	ADV
amfbr-564	101	2	,	,	PUNCT
amfbr-564	101	3	the	the	DET
amfbr-564	101	4	long	long	ADJ
amfbr-564	101	5	run	run	NOUN
amfbr-564	101	6	results	result	NOUN
amfbr-564	101	7	are	be	AUX
amfbr-564	101	8	largely	largely	ADV
amfbr-564	101	9	comparable	comparable	ADJ
amfbr-564	101	10	with	with	ADP
amfbr-564	101	11	those	those	PRON
amfbr-564	101	12	of	of	ADP
amfbr-564	101	13	the	the	DET
amfbr-564	101	14	short	short	ADJ
amfbr-564	101	15	run	run	NOUN
amfbr-564	101	16	,	,	PUNCT
amfbr-564	101	17	especially	especially	ADV
amfbr-564	101	18	in	in	ADP
amfbr-564	101	19	terms	term	NOUN
amfbr-564	101	20	of	of	ADP
amfbr-564	101	21	the	the	DET
amfbr-564	101	22	signs	sign	NOUN
amfbr-564	101	23	of	of	ADP
amfbr-564	101	24	the	the	DET
amfbr-564	101	25	coefficients	coefficient	NOUN
amfbr-564	101	26	.	.	PUNCT
amfbr-564	102	1	however	however	ADV
amfbr-564	102	2	,	,	PUNCT
amfbr-564	102	3	while	while	SCONJ
amfbr-564	102	4	the	the	DET
amfbr-564	102	5	long	long	ADJ
amfbr-564	102	6	run	run	NOUN
amfbr-564	102	7	effects	effect	NOUN
amfbr-564	102	8	of	of	ADP
amfbr-564	102	9	stock	stock	NOUN
amfbr-564	102	10	market	market	NOUN
amfbr-564	102	11	index	index	NOUN
amfbr-564	102	12	(	(	PUNCT
amfbr-564	102	13	beta	beta	NOUN
amfbr-564	102	14	=	=	PUNCT
amfbr-564	102	15	0.3345	0.3345	NUM
amfbr-564	102	16	,	,	PUNCT
amfbr-564	102	17	p	p	NOUN
amfbr-564	102	18	-	-	PUNCT
amfbr-564	102	19	value	value	NOUN
amfbr-564	102	20	=	=	NOUN
amfbr-564	102	21	0.0000	0.0000	NUM
amfbr-564	102	22	)	)	PUNCT
amfbr-564	102	23	and	and	CCONJ
amfbr-564	102	24	credit	credit	NOUN
amfbr-564	102	25	to	to	ADP
amfbr-564	102	26	private	private	ADJ
amfbr-564	102	27	sector	sector	NOUN
amfbr-564	102	28	(	(	PUNCT
amfbr-564	102	29	beta	beta	NOUN
amfbr-564	102	30	=	=	SYM
amfbr-564	102	31	0.5549	0.5549	NUM
amfbr-564	102	32	,	,	PUNCT
amfbr-564	102	33	p	p	NOUN
amfbr-564	102	34	-	-	PUNCT
amfbr-564	102	35	value	value	NOUN
amfbr-564	102	36	=	=	NOUN
amfbr-564	102	37	0.0000	0.0000	NUM
amfbr-564	102	38	)	)	PUNCT
amfbr-564	102	39	are	be	AUX
amfbr-564	102	40	the	the	DET
amfbr-564	102	41	most	most	ADV
amfbr-564	102	42	significant	significant	ADJ
amfbr-564	102	43	in	in	ADP
amfbr-564	102	44	statistical	statistical	ADJ
amfbr-564	102	45	sense	sense	NOUN
amfbr-564	102	46	,	,	PUNCT
amfbr-564	102	47	the	the	DET
amfbr-564	102	48	beta	beta	NOUN
amfbr-564	102	49	associated	associate	VERB
amfbr-564	102	50	with	with	ADP
amfbr-564	102	51	the	the	DET
amfbr-564	102	52	latter	latter	ADJ
amfbr-564	102	53	is	be	AUX
amfbr-564	102	54	substantially	substantially	ADV
amfbr-564	102	55	higher	high	ADJ
amfbr-564	102	56	in	in	ADP
amfbr-564	102	57	size	size	NOUN
amfbr-564	102	58	than	than	ADP
amfbr-564	102	59	the	the	DET
amfbr-564	102	60	former	former	ADJ
amfbr-564	102	61	,	,	PUNCT
amfbr-564	102	62	suggesting	suggest	VERB
amfbr-564	102	63	that	that	SCONJ
amfbr-564	102	64	it	it	PRON
amfbr-564	102	65	has	have	VERB
amfbr-564	102	66	the	the	DET
amfbr-564	102	67	largest	large	ADJ
amfbr-564	102	68	long	long	ADJ
amfbr-564	102	69	run	run	ADJ
amfbr-564	102	70	beneficial	beneficial	ADJ
amfbr-564	102	71	impact	impact	NOUN
amfbr-564	102	72	.	.	PUNCT
amfbr-564	103	1	more	more	ADJ
amfbr-564	103	2	,	,	PUNCT
amfbr-564	103	3	specifically	specifically	ADV
amfbr-564	103	4	,	,	PUNCT
amfbr-564	103	5	holding	hold	VERB
amfbr-564	103	6	riskless	riskless	NOUN
amfbr-564	103	7	interest	interest	NOUN
amfbr-564	103	8	rate	rate	NOUN
amfbr-564	103	9	,	,	PUNCT
amfbr-564	103	10	exchange	exchange	NOUN
amfbr-564	103	11	rate	rate	NOUN
amfbr-564	103	12	and	and	CCONJ
amfbr-564	103	13	interest	interest	NOUN
amfbr-564	103	14	rate	rate	NOUN
amfbr-564	103	15	spread	spread	VERB
amfbr-564	103	16	constant	constant	ADJ
amfbr-564	103	17	,	,	PUNCT
amfbr-564	103	18	a	a	DET
amfbr-564	103	19	1	1	NUM
amfbr-564	103	20	%	%	NOUN
amfbr-564	103	21	increase	increase	NOUN
amfbr-564	103	22	in	in	ADP
amfbr-564	103	23	stock	stock	NOUN
amfbr-564	103	24	market	market	NOUN
amfbr-564	103	25	index	index	NOUN
amfbr-564	103	26	would	would	AUX
amfbr-564	103	27	concurrently	concurrently	ADV
amfbr-564	103	28	increase	increase	VERB
amfbr-564	103	29	nominal	nominal	ADJ
amfbr-564	103	30	gdp	gdp	NOUN
amfbr-564	103	31	by	by	ADP
amfbr-564	103	32	approximately	approximately	ADV
amfbr-564	103	33	0.33	0.33	NUM
amfbr-564	103	34	%	%	NOUN
amfbr-564	103	35	,	,	PUNCT
amfbr-564	103	36	while	while	SCONJ
amfbr-564	103	37	a	a	DET
amfbr-564	103	38	1	1	NUM
amfbr-564	103	39	%	%	NOUN
amfbr-564	103	40	increase	increase	NOUN
amfbr-564	103	41	in	in	ADP
amfbr-564	103	42	credit	credit	NOUN
amfbr-564	103	43	to	to	ADP
amfbr-564	103	44	private	private	ADJ
amfbr-564	103	45	sector	sector	NOUN
amfbr-564	103	46	would	would	AUX
amfbr-564	103	47	lead	lead	VERB
amfbr-564	103	48	to	to	ADP
amfbr-564	103	49	approximately	approximately	ADV
amfbr-564	103	50	0.55	0.55	NUM
amfbr-564	103	51	%	%	NOUN
amfbr-564	103	52	increase	increase	NOUN
amfbr-564	103	53	in	in	ADP
amfbr-564	103	54	nominal	nominal	ADJ
amfbr-564	103	55	gdp	gdp	NOUN
amfbr-564	103	56	.	.	PUNCT
amfbr-564	104	1	however	however	ADV
amfbr-564	104	2	,	,	PUNCT
amfbr-564	104	3	the	the	DET
amfbr-564	104	4	long	long	ADJ
amfbr-564	104	5	run	run	NOUN
amfbr-564	104	6	coefficients	coefficient	NOUN
amfbr-564	104	7	on	on	ADP
amfbr-564	104	8	riskless	riskless	NOUN
amfbr-564	104	9	interest	interest	NOUN
amfbr-564	104	10	rate	rate	NOUN
amfbr-564	104	11	,	,	PUNCT
amfbr-564	104	12	exchange	exchange	NOUN
amfbr-564	104	13	rate	rate	NOUN
amfbr-564	104	14	and	and	CCONJ
amfbr-564	104	15	interest	interest	NOUN
amfbr-564	104	16	rate	rate	NOUN
amfbr-564	104	17	spread	spread	NOUN
amfbr-564	104	18	are	be	AUX
amfbr-564	104	19	estimated	estimate	VERB
amfbr-564	104	20	at	at	ADP
amfbr-564	104	21	0.1074	0.1074	NUM
amfbr-564	104	22	,	,	PUNCT
amfbr-564	104	23	0.0884	0.0884	NUM
amfbr-564	104	24	and	and	CCONJ
amfbr-564	104	25	-0.0636	-0.0636	NOUN
amfbr-564	104	26	with	with	ADP
amfbr-564	104	27	associated	associate	VERB
amfbr-564	104	28	p	p	NOUN
amfbr-564	104	29	-	-	PUNCT
amfbr-564	104	30	values	value	NOUN
amfbr-564	104	31	of	of	ADP
amfbr-564	104	32	0.0979	0.0979	NUM
amfbr-564	104	33	,	,	PUNCT
amfbr-564	104	34	0.1537	0.1537	NUM
amfbr-564	104	35	and	and	CCONJ
amfbr-564	104	36	0.2060	0.2060	NUM
amfbr-564	104	37	)	)	PUNCT
amfbr-564	104	38	,	,	PUNCT
amfbr-564	104	39	suggesting	suggest	VERB
amfbr-564	104	40	that	that	SCONJ
amfbr-564	104	41	they	they	PRON
amfbr-564	104	42	are	be	AUX
amfbr-564	104	43	relatively	relatively	ADV
amfbr-564	104	44	small	small	ADJ
amfbr-564	104	45	and	and	CCONJ
amfbr-564	104	46	their	their	PRON
amfbr-564	104	47	effects	effect	NOUN
amfbr-564	104	48	on	on	ADP
amfbr-564	104	49	nominal	nominal	ADJ
amfbr-564	104	50	gdp	gdp	NOUN
amfbr-564	104	51	are	be	AUX
amfbr-564	104	52	not	not	PART
amfbr-564	104	53	statistically	statistically	ADV
amfbr-564	104	54	significant	significant	ADJ
amfbr-564	104	55	at	at	ADP
amfbr-564	104	56	5	5	NUM
amfbr-564	104	57	%	%	NOUN
amfbr-564	104	58	level	level	NOUN
amfbr-564	104	59	.	.	PUNCT
amfbr-564	105	1	the	the	DET
amfbr-564	105	2	long	long	ADJ
amfbr-564	105	3	run	run	NOUN
amfbr-564	105	4	effect	effect	NOUN
amfbr-564	105	5	of	of	ADP
amfbr-564	105	6	riskless	riskless	NOUN
amfbr-564	105	7	interest	interest	NOUN
amfbr-564	105	8	rate	rate	NOUN
amfbr-564	105	9	is	be	AUX
amfbr-564	105	10	significant	significant	ADJ
amfbr-564	105	11	at	at	ADP
amfbr-564	105	12	10	10	NUM
amfbr-564	105	13	%	%	NOUN
amfbr-564	105	14	level	level	NOUN
amfbr-564	105	15	.	.	PUNCT
amfbr-564	106	1	the	the	DET
amfbr-564	106	2	long	long	ADJ
amfbr-564	106	3	run	run	NOUN
amfbr-564	106	4	intercept	intercept	NOUN
amfbr-564	106	5	term	term	NOUN
amfbr-564	106	6	(	(	PUNCT
amfbr-564	106	7	beta	beta	NOUN
amfbr-564	106	8	=	=	SYM
amfbr-564	106	9	2.0663	2.0663	NUM
amfbr-564	106	10	,	,	PUNCT
amfbr-564	106	11	p	p	NOUN
amfbr-564	106	12	-	-	PUNCT
amfbr-564	106	13	value	value	NOUN
amfbr-564	106	14	=	=	NOUN
amfbr-564	106	15	0.0000	0.0000	NUM
amfbr-564	106	16	)	)	PUNCT
amfbr-564	106	17	is	be	AUX
amfbr-564	106	18	positive	positive	ADJ
amfbr-564	106	19	and	and	CCONJ
amfbr-564	106	20	highly	highly	ADV
amfbr-564	106	21	significant	significant	ADJ
amfbr-564	106	22	,	,	PUNCT
amfbr-564	106	23	suggesting	suggest	VERB
amfbr-564	106	24	that	that	SCONJ
amfbr-564	106	25	on	on	ADP
amfbr-564	106	26	average	average	ADJ
amfbr-564	106	27	,	,	PUNCT
amfbr-564	106	28	nigeria	nigeria	PROPN
amfbr-564	106	29	would	would	AUX
amfbr-564	106	30	record	record	VERB
amfbr-564	106	31	significant	significant	ADJ
amfbr-564	106	32	economic	economic	ADJ
amfbr-564	106	33	growth	growth	NOUN
amfbr-564	106	34	even	even	ADV
amfbr-564	106	35	when	when	SCONJ
amfbr-564	106	36	all	all	PRON
amfbr-564	106	37	included	include	VERB
amfbr-564	106	38	financial	financial	ADJ
amfbr-564	106	39	conditions	condition	NOUN
amfbr-564	106	40	indicators	indicator	NOUN
amfbr-564	106	41	are	be	AUX
amfbr-564	106	42	kept	keep	VERB
amfbr-564	106	43	dormant	dormant	ADJ
amfbr-564	106	44	.	.	PUNCT
amfbr-564	107	1	overall	overall	ADV
amfbr-564	107	2	,	,	PUNCT
amfbr-564	107	3	our	our	PRON
amfbr-564	107	4	results	result	NOUN
amfbr-564	107	5	suggest	suggest	VERB
amfbr-564	107	6	that	that	SCONJ
amfbr-564	107	7	financial	financial	ADJ
amfbr-564	107	8	conditions	condition	NOUN
amfbr-564	107	9	variables	variable	NOUN
amfbr-564	107	10	have	have	VERB
amfbr-564	107	11	a	a	DET
amfbr-564	107	12	significant	significant	ADJ
amfbr-564	107	13	effect	effect	NOUN
amfbr-564	107	14	on	on	ADP
amfbr-564	107	15	economic	economic	ADJ
amfbr-564	107	16	growth	growth	NOUN
amfbr-564	107	17	in	in	ADP
amfbr-564	107	18	nigeria	nigeria	PROPN
amfbr-564	107	19	both	both	PRON
amfbr-564	107	20	in	in	ADP
amfbr-564	107	21	the	the	DET
amfbr-564	107	22	short	short	ADJ
amfbr-564	107	23	run	run	NOUN
amfbr-564	107	24	and	and	CCONJ
amfbr-564	107	25	in	in	ADP
amfbr-564	107	26	the	the	DET
amfbr-564	107	27	long	long	ADJ
amfbr-564	107	28	run	run	NOUN
amfbr-564	107	29	.	.	PUNCT
amfbr-564	108	1	also	also	ADV
amfbr-564	108	2	,	,	PUNCT
amfbr-564	108	3	credit	credit	NOUN
amfbr-564	108	4	to	to	ADP
amfbr-564	108	5	private	private	ADJ
amfbr-564	108	6	sector	sector	NOUN
amfbr-564	108	7	and	and	CCONJ
amfbr-564	108	8	stock	stock	NOUN
amfbr-564	108	9	market	market	NOUN
amfbr-564	108	10	index	index	NOUN
amfbr-564	108	11	are	be	AUX
amfbr-564	108	12	the	the	DET
amfbr-564	108	13	most	most	ADV
amfbr-564	108	14	significant	significant	ADJ
amfbr-564	108	15	factors	factor	NOUN
amfbr-564	108	16	for	for	ADP
amfbr-564	108	17	nominal	nominal	ADJ
amfbr-564	108	18	gdp	gdp	NOUN
amfbr-564	108	19	,	,	PUNCT
amfbr-564	108	20	hence	hence	ADV
amfbr-564	108	21	have	have	VERB
amfbr-564	108	22	the	the	DET
amfbr-564	108	23	highest	high	ADJ
amfbr-564	108	24	weights	weight	NOUN
amfbr-564	108	25	in	in	ADP
amfbr-564	108	26	the	the	DET
amfbr-564	108	27	construction	construction	NOUN
amfbr-564	108	28	of	of	ADP
amfbr-564	108	29	the	the	DET
amfbr-564	108	30	financial	financial	ADJ
amfbr-564	108	31	conditions	condition	NOUN
amfbr-564	108	32	index	index	NOUN
amfbr-564	108	33	.	.	PUNCT
amfbr-564	109	1	this	this	DET
amfbr-564	109	2	evidence	evidence	NOUN
amfbr-564	109	3	is	be	AUX
amfbr-564	109	4	,	,	PUNCT
amfbr-564	109	5	therefore	therefore	ADV
amfbr-564	109	6	,	,	PUNCT
amfbr-564	109	7	consistent	consistent	ADJ
amfbr-564	109	8	with	with	ADP
amfbr-564	109	9	both	both	DET
amfbr-564	109	10	credit	credit	NOUN
amfbr-564	109	11	and	and	CCONJ
amfbr-564	109	12	asset	asset	NOUN
amfbr-564	109	13	price	price	NOUN
amfbr-564	109	14	channels	channel	NOUN
amfbr-564	109	15	of	of	ADP
amfbr-564	109	16	monetary	monetary	ADJ
amfbr-564	109	17	policy	policy	NOUN
amfbr-564	109	18	transmission	transmission	NOUN
amfbr-564	109	19	mechanism	mechanism	NOUN
amfbr-564	109	20	.	.	PUNCT
amfbr-564	110	1	this	this	DET
amfbr-564	110	2	finding	finding	NOUN
amfbr-564	110	3	also	also	ADV
amfbr-564	110	4	agrees	agree	VERB
amfbr-564	110	5	with	with	ADP
amfbr-564	110	6	the	the	DET
amfbr-564	110	7	supply	supply	NOUN
amfbr-564	110	8	leading	lead	VERB
amfbr-564	110	9	theory	theory	NOUN
amfbr-564	110	10	of	of	ADP
amfbr-564	110	11	finance	finance	NOUN
amfbr-564	110	12	-	-	PUNCT
amfbr-564	110	13	growth	growth	NOUN
amfbr-564	110	14	relationship	relationship	NOUN
amfbr-564	110	15	as	as	ADV
amfbr-564	110	16	well	well	ADV
amfbr-564	110	17	as	as	ADP
amfbr-564	110	18	several	several	ADJ
amfbr-564	110	19	previous	previous	ADJ
amfbr-564	110	20	studies	study	NOUN
amfbr-564	110	21	including	include	VERB
amfbr-564	110	22	acaravci	acaravci	PROPN
amfbr-564	110	23	,	,	PUNCT
amfbr-564	110	24	ozturk	ozturk	NOUN
amfbr-564	110	25	copyright	copyright	NOUN
amfbr-564	110	26	©	©	PROPN
amfbr-564	110	27	cc	cc	PROPN
amfbr-564	110	28	-	-	PUNCT
amfbr-564	110	29	by	by	ADP
amfbr-564	110	30	-	-	PUNCT
amfbr-564	110	31	nc	nc	PROPN
amfbr-564	110	32	2020	2020	NUM
amfbr-564	110	33	,	,	PUNCT
amfbr-564	110	34	cribfb	cribfb	PROPN
amfbr-564	110	35	|	|	ADV
amfbr-564	110	36	amfbr	amfbr	ADJ
amfbr-564	110	37	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	110	38	american	american	PROPN
amfbr-564	110	39	finance	finance	PROPN
amfbr-564	110	40	&	&	CCONJ
amfbr-564	110	41	banking	banking	PROPN
amfbr-564	110	42	review	review	PROPN
amfbr-564	110	43	vol	vol	NOUN
amfbr-564	110	44	.	.	PROPN
amfbr-564	111	1	5	5	NUM
amfbr-564	111	2	,	,	PUNCT
amfbr-564	111	3	no	no	INTJ
amfbr-564	111	4	.	.	NOUN
amfbr-564	111	5	1	1	NUM
amfbr-564	111	6	;	;	PUNCT
amfbr-564	111	7	2020	2020	NUM
amfbr-564	111	8	67	67	NUM
amfbr-564	111	9	and	and	CCONJ
amfbr-564	111	10	acaravci(2007	acaravci(2007	NUM
amfbr-564	111	11	)	)	PUNCT
amfbr-564	111	12	,	,	PUNCT
amfbr-564	111	13	al	al	PROPN
amfbr-564	111	14	-	-	PUNCT
amfbr-564	111	15	malkawi	malkawi	PROPN
amfbr-564	111	16	and	and	CCONJ
amfbr-564	111	17	abdullah(2011	abdullah(2011	NUM
amfbr-564	111	18	)	)	PUNCT
amfbr-564	111	19	,	,	PUNCT
amfbr-564	111	20	ibrahim	ibrahim	PROPN
amfbr-564	111	21	,	,	PUNCT
amfbr-564	111	22	abdullahi	abdullahi	PROPN
amfbr-564	111	23	,	,	PUNCT
amfbr-564	111	24	azman	azman	PROPN
amfbr-564	111	25	-	-	PUNCT
amfbr-564	111	26	saini	saini	PROPN
amfbr-564	111	27	and	and	CCONJ
amfbr-564	111	28	rahman(2017	rahman(2017	NOUN
amfbr-564	111	29	)	)	PUNCT
amfbr-564	111	30	and	and	CCONJ
amfbr-564	111	31	oro	oro	PROPN
amfbr-564	111	32	and	and	CCONJ
amfbr-564	111	33	alagidede(2018	alagidede(2018	NOUN
amfbr-564	111	34	)	)	PUNCT
amfbr-564	111	35	,	,	PUNCT
amfbr-564	111	36	ipeghan	ipeghan	NOUN
amfbr-564	111	37	and	and	CCONJ
amfbr-564	111	38	marshall(2019)and	marshall(2019)and	NOUN
amfbr-564	111	39	olaniyan	olaniyan	ADJ
amfbr-564	111	40	(	(	PUNCT
amfbr-564	111	41	2019	2019	NUM
amfbr-564	111	42	)	)	PUNCT
amfbr-564	111	43	.	.	PUNCT
amfbr-564	112	1	4.2	4.2	NUM
amfbr-564	112	2	financial	financial	ADJ
amfbr-564	112	3	conditions	condition	NOUN
amfbr-564	112	4	index	index	NOUN
amfbr-564	112	5	and	and	CCONJ
amfbr-564	112	6	economic	economic	ADJ
amfbr-564	112	7	performance	performance	NOUN
amfbr-564	112	8	figure	figure	NOUN
amfbr-564	112	9	2	2	NUM
amfbr-564	112	10	shows	show	VERB
amfbr-564	112	11	the	the	DET
amfbr-564	112	12	financial	financial	ADJ
amfbr-564	112	13	conditions	condition	NOUN
amfbr-564	112	14	index	index	NOUN
amfbr-564	112	15	for	for	ADP
amfbr-564	112	16	nigeria	nigeria	PROPN
amfbr-564	112	17	using	use	VERB
amfbr-564	112	18	the	the	DET
amfbr-564	112	19	ardl	ardl	NOUN
amfbr-564	112	20	coefficients	coefficient	NOUN
amfbr-564	112	21	as	as	ADP
amfbr-564	112	22	weights	weight	NOUN
amfbr-564	112	23	.	.	PUNCT
amfbr-564	113	1	as	as	SCONJ
amfbr-564	113	2	this	this	DET
amfbr-564	113	3	figure	figure	NOUN
amfbr-564	113	4	shows	show	VERB
amfbr-564	113	5	,	,	PUNCT
amfbr-564	113	6	the	the	DET
amfbr-564	113	7	constructed	construct	VERB
amfbr-564	113	8	financial	financial	ADJ
amfbr-564	113	9	conditions	condition	NOUN
amfbr-564	113	10	index	index	NOUN
amfbr-564	113	11	showed	show	VERB
amfbr-564	113	12	a	a	DET
amfbr-564	113	13	steady	steady	ADJ
amfbr-564	113	14	upward	upward	ADJ
amfbr-564	113	15	trend	trend	NOUN
amfbr-564	113	16	from	from	ADP
amfbr-564	113	17	negative	negative	ADJ
amfbr-564	113	18	values	value	NOUN
amfbr-564	113	19	to	to	ADP
amfbr-564	113	20	positive	positive	ADJ
amfbr-564	113	21	values	value	NOUN
amfbr-564	113	22	over	over	ADP
amfbr-564	113	23	the	the	DET
amfbr-564	113	24	sampled	sample	VERB
amfbr-564	113	25	period	period	NOUN
amfbr-564	113	26	.	.	PUNCT
amfbr-564	114	1	specifically	specifically	ADV
amfbr-564	114	2	,	,	PUNCT
amfbr-564	114	3	the	the	DET
amfbr-564	114	4	negative	negative	ADJ
amfbr-564	114	5	values	value	NOUN
amfbr-564	114	6	of	of	ADP
amfbr-564	114	7	the	the	DET
amfbr-564	114	8	index	index	NOUN
amfbr-564	114	9	were	be	AUX
amfbr-564	114	10	recorded	record	VERB
amfbr-564	114	11	‘	'	PUNCT
amfbr-564	114	12	between	between	ADP
amfbr-564	114	13	’	'	PUNCT
amfbr-564	114	14	1985	1985	NUM
amfbr-564	114	15	to	to	ADP
amfbr-564	114	16	1999	1999	NUM
amfbr-564	114	17	,	,	PUNCT
amfbr-564	114	18	suggesting	suggest	VERB
amfbr-564	114	19	that	that	SCONJ
amfbr-564	114	20	before	before	ADP
amfbr-564	114	21	the	the	DET
amfbr-564	114	22	advent	advent	NOUN
amfbr-564	114	23	of	of	ADP
amfbr-564	114	24	the	the	DET
amfbr-564	114	25	current	current	ADJ
amfbr-564	114	26	democracy	democracy	NOUN
amfbr-564	114	27	,	,	PUNCT
amfbr-564	114	28	nigeria	nigeria	PROPN
amfbr-564	114	29	’s	’s	PART
amfbr-564	114	30	financial	financial	ADJ
amfbr-564	114	31	conditions	condition	NOUN
amfbr-564	114	32	were	be	AUX
amfbr-564	114	33	on	on	ADP
amfbr-564	114	34	average	average	ADJ
amfbr-564	114	35	looser	loose	ADJ
amfbr-564	114	36	than	than	ADP
amfbr-564	114	37	the	the	DET
amfbr-564	114	38	prevailing	prevail	VERB
amfbr-564	114	39	macroeconomic	macroeconomic	ADJ
amfbr-564	114	40	conditions	condition	NOUN
amfbr-564	114	41	.	.	PUNCT
amfbr-564	115	1	on	on	ADP
amfbr-564	115	2	the	the	DET
amfbr-564	115	3	contrary	contrary	NOUN
amfbr-564	115	4	,	,	PUNCT
amfbr-564	115	5	the	the	DET
amfbr-564	115	6	positive	positive	ADJ
amfbr-564	115	7	values	value	NOUN
amfbr-564	115	8	recorded	record	VERB
amfbr-564	115	9	from	from	ADP
amfbr-564	115	10	2000	2000	NUM
amfbr-564	115	11	to	to	ADP
amfbr-564	115	12	2018	2018	NUM
amfbr-564	115	13	shows	show	VERB
amfbr-564	115	14	that	that	SCONJ
amfbr-564	115	15	nigeria	nigeria	PROPN
amfbr-564	115	16	’s	’s	PART
amfbr-564	115	17	financial	financial	ADJ
amfbr-564	115	18	conditions	condition	NOUN
amfbr-564	115	19	gradually	gradually	ADV
amfbr-564	115	20	become	become	VERB
amfbr-564	115	21	tighter	tight	ADJ
amfbr-564	115	22	than	than	ADP
amfbr-564	115	23	the	the	DET
amfbr-564	115	24	prevailing	prevail	VERB
amfbr-564	115	25	macroeconomic	macroeconomic	ADJ
amfbr-564	115	26	conditions	condition	NOUN
amfbr-564	115	27	in	in	ADP
amfbr-564	115	28	the	the	DET
amfbr-564	115	29	post	post	NOUN
amfbr-564	115	30	democracy	democracy	NOUN
amfbr-564	115	31	period	period	NOUN
amfbr-564	115	32	.	.	PUNCT
amfbr-564	116	1	-6	-6	INTJ
amfbr-564	116	2	-4	-4	INTJ
amfbr-564	117	1	-2	-2	INTJ
amfbr-564	117	2	0	0	NUM
amfbr-564	117	3	2	2	NUM
amfbr-564	117	4	4	4	NUM
amfbr-564	117	5	1985	1985	NUM
amfbr-564	117	6	1990	1990	NUM
amfbr-564	117	7	1995	1995	NUM
amfbr-564	117	8	2000	2000	NUM
amfbr-564	117	9	2005	2005	NUM
amfbr-564	117	10	2010	2010	NUM
amfbr-564	117	11	2015	2015	NUM
amfbr-564	117	12	fci	fci	ADJ
amfbr-564	117	13	figure	figure	NOUN
amfbr-564	117	14	2	2	NUM
amfbr-564	117	15	.	.	PUNCT
amfbr-564	117	16	financial	financial	ADJ
amfbr-564	117	17	conditions	condition	NOUN
amfbr-564	117	18	index	index	NOUN
amfbr-564	117	19	for	for	ADP
amfbr-564	117	20	nigeria	nigeria	PROPN
amfbr-564	117	21	table	table	NOUN
amfbr-564	117	22	3	3	NUM
amfbr-564	117	23	shows	show	VERB
amfbr-564	117	24	the	the	DET
amfbr-564	117	25	three	three	NUM
amfbr-564	117	26	variable	variable	ADJ
amfbr-564	117	27	var(1	var(1	NOUN
amfbr-564	117	28	)	)	PUNCT
amfbr-564	117	29	results	result	VERB
amfbr-564	117	30	for	for	ADP
amfbr-564	117	31	the	the	DET
amfbr-564	117	32	dynamic	dynamic	ADJ
amfbr-564	117	33	relationships	relationship	NOUN
amfbr-564	117	34	between	between	ADP
amfbr-564	117	35	financial	financial	ADJ
amfbr-564	117	36	conditions	condition	NOUN
amfbr-564	117	37	index	index	NOUN
amfbr-564	117	38	,	,	PUNCT
amfbr-564	117	39	inflation	inflation	NOUN
amfbr-564	117	40	and	and	CCONJ
amfbr-564	117	41	real	real	ADJ
amfbr-564	117	42	gdp	gdp	NOUN
amfbr-564	117	43	growth	growth	NOUN
amfbr-564	117	44	rate	rate	NOUN
amfbr-564	117	45	.	.	PUNCT
amfbr-564	118	1	the	the	DET
amfbr-564	118	2	p	p	NOUN
amfbr-564	118	3	-	-	PUNCT
amfbr-564	118	4	values	value	NOUN
amfbr-564	118	5	are	be	AUX
amfbr-564	118	6	obtained	obtain	VERB
amfbr-564	118	7	from	from	ADP
amfbr-564	118	8	the	the	DET
amfbr-564	118	9	system	system	NOUN
amfbr-564	118	10	equations	equation	NOUN
amfbr-564	118	11	estimated	estimate	VERB
amfbr-564	118	12	via	via	ADP
amfbr-564	118	13	ols	ol	NOUN
amfbr-564	118	14	method	method	NOUN
amfbr-564	118	15	.	.	PUNCT
amfbr-564	119	1	figure	figure	NOUN
amfbr-564	119	2	3shows	3shows	NUM
amfbr-564	119	3	the	the	DET
amfbr-564	119	4	var	var	NOUN
amfbr-564	119	5	inverted	invert	VERB
amfbr-564	119	6	roots	root	NOUN
amfbr-564	119	7	with	with	ADP
amfbr-564	119	8	respect	respect	NOUN
amfbr-564	119	9	to	to	ADP
amfbr-564	119	10	unit	unit	NOUN
amfbr-564	119	11	circle	circle	PROPN
amfbr-564	119	12	.	.	PUNCT
amfbr-564	120	1	figures	figure	NOUN
amfbr-564	120	2	4	4	NUM
amfbr-564	120	3	and	and	CCONJ
amfbr-564	120	4	5	5	NUM
amfbr-564	120	5	show	show	VERB
amfbr-564	120	6	the	the	DET
amfbr-564	120	7	impulse	impulse	ADJ
amfbr-564	120	8	response	response	NOUN
amfbr-564	120	9	function	function	NOUN
amfbr-564	120	10	and	and	CCONJ
amfbr-564	120	11	variance	variance	NOUN
amfbr-564	120	12	decomposition	decomposition	NOUN
amfbr-564	120	13	of	of	ADP
amfbr-564	120	14	real	real	ADJ
amfbr-564	120	15	gdp	gdp	NOUN
amfbr-564	120	16	growth	growth	NOUN
amfbr-564	120	17	rate	rate	NOUN
amfbr-564	120	18	,	,	PUNCT
amfbr-564	120	19	inflation	inflation	NOUN
amfbr-564	120	20	and	and	CCONJ
amfbr-564	120	21	financial	financial	ADJ
amfbr-564	120	22	conditions	condition	NOUN
amfbr-564	120	23	index	index	NOUN
amfbr-564	120	24	.	.	PUNCT
amfbr-564	121	1	from	from	ADP
amfbr-564	121	2	table	table	NOUN
amfbr-564	121	3	3	3	NUM
amfbr-564	121	4	,	,	PUNCT
amfbr-564	121	5	we	we	PRON
amfbr-564	121	6	can	can	AUX
amfbr-564	121	7	see	see	VERB
amfbr-564	121	8	that	that	SCONJ
amfbr-564	121	9	both	both	CCONJ
amfbr-564	121	10	the	the	DET
amfbr-564	121	11	autocorrelation	autocorrelation	NOUN
amfbr-564	121	12	(	(	PUNCT
amfbr-564	121	13	p	p	NOUN
amfbr-564	121	14	-	-	PUNCT
amfbr-564	121	15	value	value	NOUN
amfbr-564	121	16	=	=	NOUN
amfbr-564	121	17	0.2646	0.2646	NUM
amfbr-564	121	18	)	)	PUNCT
amfbr-564	121	19	and	and	CCONJ
amfbr-564	121	20	heteroskedasticity	heteroskedasticity	NOUN
amfbr-564	121	21	(	(	PUNCT
amfbr-564	121	22	p	p	NOUN
amfbr-564	121	23	-	-	PUNCT
amfbr-564	121	24	value	value	NOUN
amfbr-564	121	25	=	=	NOUN
amfbr-564	121	26	0.4620	0.4620	NUM
amfbr-564	121	27	)	)	PUNCT
amfbr-564	121	28	test	test	NOUN
amfbr-564	121	29	statistics	statistic	NOUN
amfbr-564	121	30	are	be	AUX
amfbr-564	121	31	associated	associate	VERB
amfbr-564	121	32	with	with	ADP
amfbr-564	121	33	a	a	DET
amfbr-564	121	34	probability	probability	NOUN
amfbr-564	121	35	,	,	PUNCT
amfbr-564	121	36	hence	hence	ADV
amfbr-564	121	37	not	not	PART
amfbr-564	121	38	rejecting	reject	VERB
amfbr-564	121	39	the	the	DET
amfbr-564	121	40	null	null	ADJ
amfbr-564	121	41	hypotheses	hypothesis	NOUN
amfbr-564	121	42	of	of	ADP
amfbr-564	121	43	no	no	DET
amfbr-564	121	44	serial	serial	ADJ
amfbr-564	121	45	correlation	correlation	NOUN
amfbr-564	121	46	and	and	CCONJ
amfbr-564	121	47	heteroskedasticity	heteroskedasticity	NOUN
amfbr-564	121	48	.	.	PUNCT
amfbr-564	122	1	the	the	DET
amfbr-564	122	2	inverted	invert	VERB
amfbr-564	122	3	var	var	NOUN
amfbr-564	122	4	roots	root	NOUN
amfbr-564	122	5	in	in	ADP
amfbr-564	122	6	figure	figure	NOUN
amfbr-564	122	7	3	3	NUM
amfbr-564	122	8	are	be	AUX
amfbr-564	122	9	all	all	ADV
amfbr-564	122	10	inside	inside	ADP
amfbr-564	122	11	the	the	DET
amfbr-564	122	12	unit	unit	NOUN
amfbr-564	122	13	circle	circle	NOUN
amfbr-564	122	14	which	which	PRON
amfbr-564	122	15	shows	show	VERB
amfbr-564	122	16	that	that	SCONJ
amfbr-564	122	17	the	the	DET
amfbr-564	122	18	estimated	estimate	VERB
amfbr-564	122	19	var	var	NOUN
amfbr-564	122	20	model	model	NOUN
amfbr-564	122	21	is	be	AUX
amfbr-564	122	22	stable	stable	ADJ
amfbr-564	122	23	and	and	CCONJ
amfbr-564	122	24	can	can	AUX
amfbr-564	122	25	be	be	AUX
amfbr-564	122	26	used	use	VERB
amfbr-564	122	27	for	for	ADP
amfbr-564	122	28	structural	structural	ADJ
amfbr-564	122	29	analysis	analysis	NOUN
amfbr-564	122	30	.	.	PUNCT
amfbr-564	123	1	from	from	ADP
amfbr-564	123	2	figure	figure	NOUN
amfbr-564	123	3	4	4	NUM
amfbr-564	123	4	,	,	PUNCT
amfbr-564	123	5	we	we	PRON
amfbr-564	123	6	can	can	AUX
amfbr-564	123	7	see	see	VERB
amfbr-564	123	8	that	that	SCONJ
amfbr-564	123	9	while	while	SCONJ
amfbr-564	123	10	real	real	ADJ
amfbr-564	123	11	gdp	gdp	NOUN
amfbr-564	123	12	growth	growth	NOUN
amfbr-564	123	13	rate	rate	NOUN
amfbr-564	123	14	responded	respond	VERB
amfbr-564	123	15	positively	positively	ADV
amfbr-564	123	16	to	to	ADP
amfbr-564	123	17	a	a	DET
amfbr-564	123	18	one	one	NUM
amfbr-564	123	19	standard	standard	ADJ
amfbr-564	123	20	deviation	deviation	NOUN
amfbr-564	123	21	shocks	shock	VERB
amfbr-564	123	22	in	in	ADP
amfbr-564	123	23	financial	financial	ADJ
amfbr-564	123	24	conditions	condition	NOUN
amfbr-564	123	25	index	index	NOUN
amfbr-564	123	26	,	,	PUNCT
amfbr-564	123	27	inflation	inflation	NOUN
amfbr-564	123	28	rate	rate	NOUN
amfbr-564	123	29	responded	respond	VERB
amfbr-564	123	30	negatively	negatively	ADV
amfbr-564	123	31	.	.	PUNCT
amfbr-564	124	1	however	however	ADV
amfbr-564	124	2	,	,	PUNCT
amfbr-564	124	3	for	for	ADP
amfbr-564	124	4	both	both	CCONJ
amfbr-564	124	5	real	real	ADJ
amfbr-564	124	6	economic	economic	ADJ
amfbr-564	124	7	variables	variable	NOUN
amfbr-564	124	8	,	,	PUNCT
amfbr-564	124	9	the	the	DET
amfbr-564	124	10	impact	impact	NOUN
amfbr-564	124	11	of	of	ADP
amfbr-564	124	12	financial	financial	ADJ
amfbr-564	124	13	conditions	condition	NOUN
amfbr-564	124	14	index	index	NOUN
amfbr-564	124	15	is	be	AUX
amfbr-564	124	16	marginal	marginal	ADJ
amfbr-564	124	17	throughout	throughout	ADP
amfbr-564	124	18	the	the	DET
amfbr-564	124	19	impact	impact	NOUN
amfbr-564	124	20	period	period	NOUN
amfbr-564	124	21	,	,	PUNCT
amfbr-564	124	22	hence	hence	ADV
amfbr-564	124	23	,	,	PUNCT
amfbr-564	124	24	lacks	lack	VERB
amfbr-564	124	25	economic	economic	ADJ
amfbr-564	124	26	significance	significance	NOUN
amfbr-564	124	27	.	.	PUNCT
amfbr-564	125	1	the	the	DET
amfbr-564	125	2	forecast	forecast	NOUN
amfbr-564	125	3	error	error	NOUN
amfbr-564	125	4	variance	variance	NOUN
amfbr-564	125	5	decomposition	decomposition	NOUN
amfbr-564	125	6	of	of	ADP
amfbr-564	125	7	real	real	ADJ
amfbr-564	125	8	gdp	gdp	NOUN
amfbr-564	125	9	growth	growth	NOUN
amfbr-564	125	10	in	in	ADP
amfbr-564	125	11	figure	figure	NOUN
amfbr-564	125	12	5	5	NUM
amfbr-564	125	13	shows	show	VERB
amfbr-564	125	14	that	that	SCONJ
amfbr-564	125	15	financial	financial	ADJ
amfbr-564	125	16	conditions	condition	NOUN
amfbr-564	125	17	index	index	NOUN
amfbr-564	125	18	contributed	contribute	VERB
amfbr-564	125	19	less	less	ADJ
amfbr-564	125	20	than	than	ADP
amfbr-564	125	21	0.02	0.02	NUM
amfbr-564	125	22	%	%	NOUN
amfbr-564	125	23	of	of	ADP
amfbr-564	125	24	the	the	DET
amfbr-564	125	25	variance	variance	NOUN
amfbr-564	125	26	of	of	ADP
amfbr-564	125	27	real	real	ADJ
amfbr-564	125	28	gdp	gdp	NOUN
amfbr-564	125	29	growth	growth	NOUN
amfbr-564	125	30	throughout	throughout	ADP
amfbr-564	125	31	the	the	DET
amfbr-564	125	32	forecast	forecast	NOUN
amfbr-564	125	33	period	period	NOUN
amfbr-564	125	34	,	,	PUNCT
amfbr-564	125	35	while	while	SCONJ
amfbr-564	125	36	it	it	PRON
amfbr-564	125	37	contributed	contribute	VERB
amfbr-564	125	38	approximately	approximately	ADV
amfbr-564	125	39	0.07	0.07	NUM
amfbr-564	125	40	%	%	NOUN
amfbr-564	125	41	of	of	ADP
amfbr-564	125	42	the	the	DET
amfbr-564	125	43	variance	variance	NOUN
amfbr-564	125	44	of	of	ADP
amfbr-564	125	45	inflation	inflation	NOUN
amfbr-564	125	46	rate	rate	NOUN
amfbr-564	125	47	in	in	ADP
amfbr-564	125	48	the	the	DET
amfbr-564	125	49	fourth	fourth	ADJ
amfbr-564	125	50	period	period	NOUN
amfbr-564	125	51	.	.	PUNCT
amfbr-564	126	1	these	these	DET
amfbr-564	126	2	results	result	NOUN
amfbr-564	126	3	imply	imply	VERB
amfbr-564	126	4	that	that	SCONJ
amfbr-564	126	5	financial	financial	ADJ
amfbr-564	126	6	conditions	condition	NOUN
amfbr-564	126	7	index	index	NOUN
amfbr-564	126	8	has	have	VERB
amfbr-564	126	9	a	a	DET
amfbr-564	126	10	little	little	ADJ
amfbr-564	126	11	or	or	CCONJ
amfbr-564	126	12	no	no	PRON
amfbr-564	126	13	predictive	predictive	ADJ
amfbr-564	126	14	power	power	NOUN
amfbr-564	126	15	for	for	ADP
amfbr-564	126	16	both	both	DET
amfbr-564	126	17	economic	economic	ADJ
amfbr-564	126	18	growth	growth	NOUN
amfbr-564	126	19	and	and	CCONJ
amfbr-564	126	20	inflation	inflation	NOUN
amfbr-564	126	21	in	in	ADP
amfbr-564	126	22	nigeria	nigeria	PROPN
amfbr-564	126	23	.	.	PUNCT
amfbr-564	127	1	our	our	PRON
amfbr-564	127	2	results	result	NOUN
amfbr-564	127	3	,	,	PUNCT
amfbr-564	127	4	therefore	therefore	ADV
amfbr-564	127	5	,	,	PUNCT
amfbr-564	127	6	contradict	contradict	VERB
amfbr-564	127	7	the	the	DET
amfbr-564	127	8	recent	recent	ADJ
amfbr-564	127	9	findings	finding	NOUN
amfbr-564	127	10	of	of	ADP
amfbr-564	127	11	wang	wang	PROPN
amfbr-564	127	12	,	,	PUNCT
amfbr-564	127	13	xu	xu	PROPN
amfbr-564	127	14	and	and	CCONJ
amfbr-564	127	15	chen	chen	PROPN
amfbr-564	127	16	(	(	PUNCT
amfbr-564	127	17	2018	2018	NUM
amfbr-564	127	18	)	)	PUNCT
amfbr-564	127	19	and	and	CCONJ
amfbr-564	127	20	kabundi	kabundi	NOUN
amfbr-564	127	21	and	and	CCONJ
amfbr-564	127	22	mbelu	mbelu	NOUN
amfbr-564	127	23	(	(	PUNCT
amfbr-564	127	24	2020	2020	NUM
amfbr-564	127	25	)	)	PUNCT
amfbr-564	127	26	for	for	ADP
amfbr-564	127	27	china	china	PROPN
amfbr-564	127	28	and	and	CCONJ
amfbr-564	127	29	south	south	PROPN
amfbr-564	127	30	africa	africa	PROPN
amfbr-564	127	31	respectively	respectively	ADV
amfbr-564	127	32	.	.	PUNCT
amfbr-564	128	1	we	we	PRON
amfbr-564	128	2	argue	argue	VERB
amfbr-564	128	3	that	that	SCONJ
amfbr-564	128	4	the	the	DET
amfbr-564	128	5	method	method	NOUN
amfbr-564	128	6	of	of	ADP
amfbr-564	128	7	constructing	construct	VERB
amfbr-564	128	8	the	the	DET
amfbr-564	128	9	financial	financial	ADJ
amfbr-564	128	10	conditions	condition	NOUN
amfbr-564	128	11	index	index	NOUN
amfbr-564	128	12	can	can	AUX
amfbr-564	128	13	plausibly	plausibly	ADV
amfbr-564	128	14	explain	explain	VERB
amfbr-564	128	15	these	these	DET
amfbr-564	128	16	differing	differ	VERB
amfbr-564	128	17	results	result	NOUN
amfbr-564	128	18	.	.	PUNCT
amfbr-564	129	1	table	table	NOUN
amfbr-564	129	2	3	3	NUM
amfbr-564	129	3	.	.	PUNCT
amfbr-564	129	4	var	var	NOUN
amfbr-564	129	5	results	result	NOUN
amfbr-564	129	6	for	for	ADP
amfbr-564	129	7	fci	fci	ADJ
amfbr-564	129	8	and	and	CCONJ
amfbr-564	129	9	economic	economic	ADJ
amfbr-564	129	10	performance	performance	NOUN
amfbr-564	129	11	;	;	PUNCT
amfbr-564	129	12	p	p	X
amfbr-564	129	13	-	-	PUNCT
amfbr-564	129	14	value	value	NOUN
amfbr-564	129	15	in	in	ADP
amfbr-564	129	16	(	(	PUNCT
amfbr-564	129	17	)	)	PUNCT
amfbr-564	129	18	variable	variable	ADJ
amfbr-564	129	19	rgdpg	rgdpg	ADJ
amfbr-564	129	20	linfl	linfl	PROPN
amfbr-564	129	21	fci	fci	PROPN
amfbr-564	129	22	gdpg(-1	gdpg(-1	PROPN
amfbr-564	129	23	)	)	PUNCT
amfbr-564	129	24	0.5053	0.5053	NUM
amfbr-564	129	25	(	(	PUNCT
amfbr-564	129	26	0.0222	0.0222	NUM
amfbr-564	129	27	)	)	PUNCT
amfbr-564	129	28	-0.0220	-0.0220	NOUN
amfbr-564	129	29	(	(	PUNCT
amfbr-564	129	30	0.6469	0.6469	NUM
amfbr-564	129	31	)	)	PUNCT
amfbr-564	129	32	-0.0060	-0.0060	NOUN
amfbr-564	129	33	(	(	PUNCT
amfbr-564	129	34	0.4396	0.4396	NUM
amfbr-564	129	35	)	)	PUNCT
amfbr-564	129	36	linfl(-1	linfl(-1	NOUN
amfbr-564	129	37	)	)	PUNCT
amfbr-564	129	38	0.4962	0.4962	NUM
amfbr-564	129	39	(	(	PUNCT
amfbr-564	129	40	0.3650	0.3650	NUM
amfbr-564	129	41	)	)	PUNCT
amfbr-564	129	42	0.1566	0.1566	NUM
amfbr-564	129	43	(	(	PUNCT
amfbr-564	129	44	0.3384	0.3384	NUM
amfbr-564	129	45	)	)	PUNCT
amfbr-564	129	46	0.0170	0.0170	NUM
amfbr-564	129	47	(	(	PUNCT
amfbr-564	129	48	0.5220	0.5220	NUM
amfbr-564	129	49	)	)	PUNCT
amfbr-564	129	50	copyright	copyright	NOUN
amfbr-564	129	51	©	©	PROPN
amfbr-564	129	52	cc	cc	PROPN
amfbr-564	129	53	-	-	PUNCT
amfbr-564	129	54	by	by	ADP
amfbr-564	129	55	-	-	PUNCT
amfbr-564	129	56	nc	nc	PROPN
amfbr-564	129	57	2020	2020	NUM
amfbr-564	129	58	,	,	PUNCT
amfbr-564	129	59	cribfb	cribfb	PROPN
amfbr-564	129	60	|	|	ADV
amfbr-564	129	61	amfbr	amfbr	ADJ
amfbr-564	129	62	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	129	63	american	american	PROPN
amfbr-564	129	64	finance	finance	PROPN
amfbr-564	129	65	&	&	CCONJ
amfbr-564	129	66	banking	banking	PROPN
amfbr-564	129	67	review	review	PROPN
amfbr-564	129	68	vol	vol	NOUN
amfbr-564	129	69	.	.	PROPN
amfbr-564	130	1	5	5	NUM
amfbr-564	130	2	,	,	PUNCT
amfbr-564	130	3	no	no	INTJ
amfbr-564	130	4	.	.	NOUN
amfbr-564	130	5	1	1	NUM
amfbr-564	130	6	;	;	PUNCT
amfbr-564	130	7	2020	2020	NUM
amfbr-564	130	8	68	68	NUM
amfbr-564	130	9	fci(-1	fci(-1	NOUN
amfbr-564	130	10	)	)	PUNCT
amfbr-564	130	11	0.1597	0.1597	NUM
amfbr-564	130	12	(	(	PUNCT
amfbr-564	130	13	0.4673	0.4673	NUM
amfbr-564	130	14	)	)	PUNCT
amfbr-564	130	15	-0.0894	-0.0894	NOUN
amfbr-564	131	1	(	(	PUNCT
amfbr-564	131	2	0.1745	0.1745	NUM
amfbr-564	131	3	)	)	PUNCT
amfbr-564	131	4	0.9602	0.9602	NUM
amfbr-564	131	5	(	(	PUNCT
amfbr-564	131	6	0.0000	0.0000	NUM
amfbr-564	131	7	)	)	PUNCT
amfbr-564	131	8	constant	constant	ADJ
amfbr-564	131	9	1.0476	1.0476	NUM
amfbr-564	131	10	(	(	PUNCT
amfbr-564	131	11	0.5646	0.5646	NUM
amfbr-564	131	12	)	)	PUNCT
amfbr-564	131	13	2.3245	2.3245	NUM
amfbr-564	131	14	(	(	PUNCT
amfbr-564	131	15	0.0000	0.0000	NUM
amfbr-564	131	16	)	)	PUNCT
amfbr-564	131	17	0.2493	0.2493	NUM
amfbr-564	131	18	(	(	PUNCT
amfbr-564	131	19	0.0059	0.0059	NUM
amfbr-564	131	20	)	)	PUNCT
amfbr-564	131	21	lm	lm	NOUN
amfbr-564	131	22	(	(	PUNCT
amfbr-564	131	23	2	2	NUM
amfbr-564	131	24	)	)	PUNCT
amfbr-564	131	25	statistic	statistic	NOUN
amfbr-564	131	26	11.164	11.164	NUM
amfbr-564	131	27	(	(	PUNCT
amfbr-564	131	28	0.2646	0.2646	NUM
amfbr-564	131	29	)	)	PUNCT
amfbr-564	131	30	heteroskedasticity	heteroskedasticity	NOUN
amfbr-564	131	31	test	test	NOUN
amfbr-564	131	32	36.143	36.143	NUM
amfbr-564	131	33	(	(	PUNCT
amfbr-564	131	34	0.4620	0.4620	NUM
amfbr-564	131	35	)	)	PUNCT
amfbr-564	131	36	-1.5	-1.5	NUM
amfbr-564	131	37	-1.0	-1.0	PROPN
amfbr-564	131	38	-0.5	-0.5	PROPN
amfbr-564	131	39	0.0	0.0	NUM
amfbr-564	131	40	0.5	0.5	NUM
amfbr-564	131	41	1.0	1.0	NUM
amfbr-564	131	42	1.5	1.5	NUM
amfbr-564	131	43	-1.5	-1.5	SYM
amfbr-564	131	44	-1.0	-1.0	PROPN
amfbr-564	131	45	-0.5	-0.5	PROPN
amfbr-564	131	46	0.0	0.0	NUM
amfbr-564	131	47	0.5	0.5	NUM
amfbr-564	131	48	1.0	1.0	NUM
amfbr-564	131	49	1.5	1.5	NUM
amfbr-564	131	50	inverse	inverse	NOUN
amfbr-564	131	51	roots	root	NOUN
amfbr-564	131	52	of	of	ADP
amfbr-564	131	53	ar	ar	NOUN
amfbr-564	131	54	characteristic	characteristic	ADJ
amfbr-564	131	55	polynomial	polynomial	ADJ
amfbr-564	131	56	figure	figure	NOUN
amfbr-564	131	57	3	3	NUM
amfbr-564	131	58	.	.	PUNCT
amfbr-564	131	59	inverted	invert	VERB
amfbr-564	131	60	ar	ar	PROPN
amfbr-564	131	61	characteristic	characteristic	ADJ
amfbr-564	131	62	roots	root	NOUN
amfbr-564	131	63	-1	-1	PUNCT
amfbr-564	131	64	0	0	NUM
amfbr-564	131	65	1	1	NUM
amfbr-564	131	66	2	2	NUM
amfbr-564	131	67	3	3	NUM
amfbr-564	131	68	4	4	NUM
amfbr-564	131	69	5	5	NUM
amfbr-564	131	70	1	1	NUM
amfbr-564	131	71	2	2	NUM
amfbr-564	131	72	3	3	NUM
amfbr-564	131	73	4	4	NUM
amfbr-564	131	74	response	response	NOUN
amfbr-564	131	75	of	of	ADP
amfbr-564	131	76	gdpg	gdpg	NOUN
amfbr-564	131	77	to	to	ADP
amfbr-564	131	78	gdpg	gdpg	VERB
amfbr-564	131	79	-1	-1	PROPN
amfbr-564	131	80	0	0	NUM
amfbr-564	131	81	1	1	NUM
amfbr-564	131	82	2	2	NUM
amfbr-564	131	83	3	3	NUM
amfbr-564	131	84	4	4	NUM
amfbr-564	131	85	5	5	NUM
amfbr-564	131	86	1	1	NUM
amfbr-564	131	87	2	2	NUM
amfbr-564	131	88	3	3	NUM
amfbr-564	131	89	4	4	NUM
amfbr-564	131	90	response	response	NOUN
amfbr-564	131	91	of	of	ADP
amfbr-564	131	92	gdpg	gdpg	PROPN
amfbr-564	131	93	to	to	PART
amfbr-564	131	94	linfl	linfl	VERB
amfbr-564	131	95	-1	-1	PROPN
amfbr-564	131	96	0	0	NUM
amfbr-564	131	97	1	1	NUM
amfbr-564	131	98	2	2	NUM
amfbr-564	131	99	3	3	NUM
amfbr-564	131	100	4	4	NUM
amfbr-564	131	101	5	5	NUM
amfbr-564	131	102	1	1	NUM
amfbr-564	131	103	2	2	NUM
amfbr-564	131	104	3	3	NUM
amfbr-564	131	105	4	4	NUM
amfbr-564	131	106	response	response	NOUN
amfbr-564	131	107	of	of	ADP
amfbr-564	131	108	gdpg	gdpg	PROPN
amfbr-564	131	109	to	to	ADP
amfbr-564	131	110	fci	fci	PROPN
amfbr-564	131	111	-0.5	-0.5	PROPN
amfbr-564	131	112	0.0	0.0	NUM
amfbr-564	131	113	0.5	0.5	NUM
amfbr-564	131	114	1.0	1.0	NUM
amfbr-564	131	115	1.5	1.5	NUM
amfbr-564	131	116	1	1	NUM
amfbr-564	131	117	2	2	NUM
amfbr-564	131	118	3	3	NUM
amfbr-564	131	119	4	4	NUM
amfbr-564	131	120	response	response	NOUN
amfbr-564	131	121	of	of	ADP
amfbr-564	131	122	linfl	linfl	NOUN
amfbr-564	131	123	to	to	AUX
amfbr-564	131	124	gdpg	gdpg	PROPN
amfbr-564	131	125	-0.5	-0.5	PROPN
amfbr-564	131	126	0.0	0.0	NUM
amfbr-564	131	127	0.5	0.5	NUM
amfbr-564	131	128	1.0	1.0	NUM
amfbr-564	131	129	1.5	1.5	NUM
amfbr-564	131	130	1	1	NUM
amfbr-564	131	131	2	2	NUM
amfbr-564	131	132	3	3	NUM
amfbr-564	131	133	4	4	NUM
amfbr-564	131	134	response	response	NOUN
amfbr-564	131	135	of	of	ADP
amfbr-564	131	136	linfl	linfl	NOUN
amfbr-564	131	137	to	to	PART
amfbr-564	131	138	linfl	linfl	VERB
amfbr-564	131	139	-0.5	-0.5	PROPN
amfbr-564	131	140	0.0	0.0	NUM
amfbr-564	131	141	0.5	0.5	NUM
amfbr-564	131	142	1.0	1.0	NUM
amfbr-564	131	143	1.5	1.5	NUM
amfbr-564	131	144	1	1	NUM
amfbr-564	131	145	2	2	NUM
amfbr-564	131	146	3	3	NUM
amfbr-564	131	147	4	4	NUM
amfbr-564	131	148	response	response	NOUN
amfbr-564	131	149	of	of	ADP
amfbr-564	131	150	linfl	linfl	NOUN
amfbr-564	131	151	to	to	ADP
amfbr-564	131	152	fci	fci	PROPN
amfbr-564	131	153	-.2	-.2	PROPN
amfbr-564	132	1	-.1	-.1	PROPN
amfbr-564	132	2	.0	.0	NUM
amfbr-564	132	3	.1	.1	NUM
amfbr-564	133	1	.2	.2	NUM
amfbr-564	133	2	.3	.3	NUM
amfbr-564	133	3	1	1	NUM
amfbr-564	133	4	2	2	NUM
amfbr-564	133	5	3	3	NUM
amfbr-564	133	6	4	4	NUM
amfbr-564	133	7	response	response	NOUN
amfbr-564	133	8	of	of	ADP
amfbr-564	133	9	fci	fci	NOUN
amfbr-564	133	10	to	to	PART
amfbr-564	133	11	gdpg	gdpg	ADJ
amfbr-564	133	12	-.2	-.2	PROPN
amfbr-564	133	13	-.1	-.1	PROPN
amfbr-564	133	14	.0	.0	NUM
amfbr-564	133	15	.1	.1	NUM
amfbr-564	134	1	.2	.2	NUM
amfbr-564	134	2	.3	.3	NUM
amfbr-564	134	3	1	1	NUM
amfbr-564	134	4	2	2	NUM
amfbr-564	134	5	3	3	NUM
amfbr-564	134	6	4	4	NUM
amfbr-564	134	7	response	response	NOUN
amfbr-564	134	8	of	of	ADP
amfbr-564	134	9	fci	fci	NOUN
amfbr-564	134	10	to	to	PART
amfbr-564	134	11	linfl	linfl	VERB
amfbr-564	134	12	-.2	-.2	PROPN
amfbr-564	134	13	-.1	-.1	PROPN
amfbr-564	134	14	.0	.0	NUM
amfbr-564	135	1	.1	.1	NUM
amfbr-564	136	1	.2	.2	NUM
amfbr-564	136	2	.3	.3	NUM
amfbr-564	136	3	1	1	NUM
amfbr-564	136	4	2	2	NUM
amfbr-564	136	5	3	3	NUM
amfbr-564	136	6	4	4	NUM
amfbr-564	136	7	response	response	NOUN
amfbr-564	136	8	of	of	ADP
amfbr-564	136	9	fci	fci	NOUN
amfbr-564	136	10	to	to	ADP
amfbr-564	136	11	fci	fci	ADJ
amfbr-564	136	12	response	response	NOUN
amfbr-564	136	13	to	to	PART
amfbr-564	136	14	cholesky	cholesky	VERB
amfbr-564	136	15	one	one	NUM
amfbr-564	136	16	s.d	s.d	PROPN
amfbr-564	136	17	.	.	PUNCT
amfbr-564	137	1	innovations	innovation	NOUN
amfbr-564	137	2	±	±	PROPN
amfbr-564	137	3	2	2	NUM
amfbr-564	137	4	s.e	s.e	PROPN
amfbr-564	137	5	.	.	PROPN
amfbr-564	137	6	figure	figure	NOUN
amfbr-564	137	7	4	4	NUM
amfbr-564	137	8	.	.	PUNCT
amfbr-564	138	1	impulse	impulse	ADJ
amfbr-564	138	2	response	response	NOUN
amfbr-564	138	3	function	function	NOUN
amfbr-564	138	4	copyright	copyright	NOUN
amfbr-564	138	5	©	©	PROPN
amfbr-564	138	6	cc	cc	PROPN
amfbr-564	138	7	-	-	PUNCT
amfbr-564	138	8	by	by	ADP
amfbr-564	138	9	-	-	PUNCT
amfbr-564	138	10	nc	nc	PROPN
amfbr-564	138	11	2020	2020	NUM
amfbr-564	138	12	,	,	PUNCT
amfbr-564	138	13	cribfb	cribfb	PROPN
amfbr-564	138	14	|	|	ADV
amfbr-564	138	15	amfbr	amfbr	ADJ
amfbr-564	138	16	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	138	17	american	american	PROPN
amfbr-564	138	18	finance	finance	PROPN
amfbr-564	138	19	&	&	CCONJ
amfbr-564	138	20	banking	banking	PROPN
amfbr-564	138	21	review	review	PROPN
amfbr-564	138	22	vol	vol	NOUN
amfbr-564	138	23	.	.	PROPN
amfbr-564	139	1	5	5	NUM
amfbr-564	139	2	,	,	PUNCT
amfbr-564	139	3	no	no	INTJ
amfbr-564	139	4	.	.	NOUN
amfbr-564	139	5	1	1	NUM
amfbr-564	139	6	;	;	PUNCT
amfbr-564	139	7	2020	2020	NUM
amfbr-564	139	8	69	69	NUM
amfbr-564	139	9	-40	-40	SYM
amfbr-564	139	10	0	0	NUM
amfbr-564	139	11	40	40	NUM
amfbr-564	139	12	80	80	NUM
amfbr-564	139	13	120	120	NUM
amfbr-564	139	14	1	1	NUM
amfbr-564	139	15	2	2	NUM
amfbr-564	139	16	3	3	NUM
amfbr-564	139	17	4	4	NUM
amfbr-564	139	18	percent	percent	NOUN
amfbr-564	139	19	gdpg	gdpg	ADJ
amfbr-564	139	20	variance	variance	NOUN
amfbr-564	139	21	due	due	ADJ
amfbr-564	139	22	to	to	ADP
amfbr-564	139	23	gdpg	gdpg	PROPN
amfbr-564	139	24	-40	-40	PROPN
amfbr-564	139	25	0	0	NUM
amfbr-564	139	26	40	40	NUM
amfbr-564	139	27	80	80	NUM
amfbr-564	139	28	120	120	NUM
amfbr-564	139	29	1	1	NUM
amfbr-564	139	30	2	2	NUM
amfbr-564	139	31	3	3	NUM
amfbr-564	139	32	4	4	NUM
amfbr-564	139	33	percent	percent	NOUN
amfbr-564	139	34	gdpg	gdpg	ADJ
amfbr-564	139	35	variance	variance	NOUN
amfbr-564	139	36	due	due	ADJ
amfbr-564	139	37	to	to	PART
amfbr-564	139	38	linfl	linfl	VERB
amfbr-564	139	39	-40	-40	PROPN
amfbr-564	139	40	0	0	NUM
amfbr-564	139	41	40	40	NUM
amfbr-564	139	42	80	80	NUM
amfbr-564	139	43	120	120	NUM
amfbr-564	139	44	1	1	NUM
amfbr-564	139	45	2	2	NUM
amfbr-564	139	46	3	3	NUM
amfbr-564	139	47	4	4	NUM
amfbr-564	139	48	percent	percent	NOUN
amfbr-564	139	49	gdpg	gdpg	ADJ
amfbr-564	139	50	variance	variance	NOUN
amfbr-564	139	51	due	due	ADP
amfbr-564	139	52	to	to	ADP
amfbr-564	139	53	fci	fci	PROPN
amfbr-564	139	54	-40	-40	PROPN
amfbr-564	139	55	0	0	NUM
amfbr-564	139	56	40	40	NUM
amfbr-564	139	57	80	80	NUM
amfbr-564	139	58	120	120	NUM
amfbr-564	139	59	1	1	NUM
amfbr-564	139	60	2	2	NUM
amfbr-564	139	61	3	3	NUM
amfbr-564	139	62	4	4	NUM
amfbr-564	139	63	percent	percent	NOUN
amfbr-564	139	64	linfl	linfl	NOUN
amfbr-564	139	65	variance	variance	NOUN
amfbr-564	139	66	due	due	ADJ
amfbr-564	139	67	to	to	ADP
amfbr-564	139	68	gdpg	gdpg	PROPN
amfbr-564	139	69	-40	-40	PROPN
amfbr-564	139	70	0	0	NUM
amfbr-564	139	71	40	40	NUM
amfbr-564	139	72	80	80	NUM
amfbr-564	139	73	120	120	NUM
amfbr-564	139	74	1	1	NUM
amfbr-564	139	75	2	2	NUM
amfbr-564	139	76	3	3	NUM
amfbr-564	139	77	4	4	NUM
amfbr-564	139	78	percent	percent	NOUN
amfbr-564	139	79	linfl	linfl	NOUN
amfbr-564	139	80	var	var	PROPN
amfbr-564	139	81	iance	iance	NOUN
amfbr-564	139	82	due	due	ADP
amfbr-564	139	83	to	to	ADP
amfbr-564	139	84	linfl	linfl	VERB
amfbr-564	139	85	-40	-40	PROPN
amfbr-564	139	86	0	0	NUM
amfbr-564	139	87	40	40	NUM
amfbr-564	139	88	80	80	NUM
amfbr-564	139	89	120	120	NUM
amfbr-564	139	90	1	1	NUM
amfbr-564	139	91	2	2	NUM
amfbr-564	139	92	3	3	NUM
amfbr-564	139	93	4	4	NUM
amfbr-564	139	94	percent	percent	NOUN
amfbr-564	139	95	linfl	linfl	NOUN
amfbr-564	139	96	var	var	PROPN
amfbr-564	139	97	iance	iance	NOUN
amfbr-564	139	98	due	due	ADP
amfbr-564	139	99	to	to	ADP
amfbr-564	139	100	fci	fci	PROPN
amfbr-564	139	101	-40	-40	PROPN
amfbr-564	139	102	0	0	NUM
amfbr-564	139	103	40	40	NUM
amfbr-564	139	104	80	80	NUM
amfbr-564	139	105	120	120	NUM
amfbr-564	139	106	1	1	NUM
amfbr-564	139	107	2	2	NUM
amfbr-564	139	108	3	3	NUM
amfbr-564	139	109	4	4	NUM
amfbr-564	139	110	percent	percent	NOUN
amfbr-564	139	111	fci	fci	PROPN
amfbr-564	139	112	var	var	PROPN
amfbr-564	139	113	iance	iance	NOUN
amfbr-564	139	114	due	due	ADP
amfbr-564	139	115	to	to	ADP
amfbr-564	139	116	gdpg	gdpg	PROPN
amfbr-564	139	117	-40	-40	PROPN
amfbr-564	139	118	0	0	NUM
amfbr-564	139	119	40	40	NUM
amfbr-564	139	120	80	80	NUM
amfbr-564	139	121	120	120	NUM
amfbr-564	139	122	1	1	NUM
amfbr-564	139	123	2	2	NUM
amfbr-564	139	124	3	3	NUM
amfbr-564	139	125	4	4	NUM
amfbr-564	139	126	percent	percent	NOUN
amfbr-564	139	127	fci	fci	PROPN
amfbr-564	139	128	var	var	PROPN
amfbr-564	139	129	iance	iance	NOUN
amfbr-564	139	130	due	due	ADP
amfbr-564	139	131	to	to	ADP
amfbr-564	139	132	linfl	linfl	VERB
amfbr-564	139	133	-40	-40	PROPN
amfbr-564	139	134	0	0	NUM
amfbr-564	139	135	40	40	NUM
amfbr-564	139	136	80	80	NUM
amfbr-564	139	137	120	120	NUM
amfbr-564	139	138	1	1	NUM
amfbr-564	139	139	2	2	NUM
amfbr-564	139	140	3	3	NUM
amfbr-564	139	141	4	4	NUM
amfbr-564	139	142	percent	percent	NOUN
amfbr-564	139	143	fci	fci	PROPN
amfbr-564	139	144	var	var	PROPN
amfbr-564	139	145	iance	iance	NOUN
amfbr-564	139	146	due	due	ADP
amfbr-564	139	147	to	to	ADP
amfbr-564	139	148	fci	fci	ADJ
amfbr-564	139	149	variance	variance	NOUN
amfbr-564	139	150	decomposition	decomposition	NOUN
amfbr-564	139	151	±	±	PROPN
amfbr-564	139	152	2	2	NUM
amfbr-564	139	153	s.e	s.e	PROPN
amfbr-564	139	154	.	.	PROPN
amfbr-564	139	155	figure	figure	NOUN
amfbr-564	139	156	5	5	NUM
amfbr-564	139	157	.	.	PUNCT
amfbr-564	139	158	forecast	forecast	NOUN
amfbr-564	139	159	error	error	NOUN
amfbr-564	139	160	variance	variance	NOUN
amfbr-564	139	161	decomposition	decomposition	NOUN
amfbr-564	139	162	5	5	NUM
amfbr-564	139	163	.	.	PUNCT
amfbr-564	140	1	conclusion	conclusion	NOUN
amfbr-564	140	2	in	in	ADP
amfbr-564	140	3	this	this	DET
amfbr-564	140	4	paper	paper	NOUN
amfbr-564	140	5	,	,	PUNCT
amfbr-564	140	6	we	we	PRON
amfbr-564	140	7	constructed	construct	VERB
amfbr-564	140	8	a	a	DET
amfbr-564	140	9	financial	financial	ADJ
amfbr-564	140	10	conditions	condition	NOUN
amfbr-564	140	11	index	index	NOUN
amfbr-564	140	12	for	for	ADP
amfbr-564	140	13	nigeria	nigeria	PROPN
amfbr-564	140	14	and	and	CCONJ
amfbr-564	140	15	examine	examine	VERB
amfbr-564	140	16	its	its	PRON
amfbr-564	140	17	predicting	predict	VERB
amfbr-564	140	18	power	power	NOUN
amfbr-564	140	19	for	for	ADP
amfbr-564	140	20	both	both	PRON
amfbr-564	140	21	economic	economic	ADJ
amfbr-564	140	22	growth	growth	NOUN
amfbr-564	140	23	and	and	CCONJ
amfbr-564	140	24	inflation	inflation	NOUN
amfbr-564	140	25	rate	rate	NOUN
amfbr-564	140	26	using	use	VERB
amfbr-564	140	27	yearly	yearly	ADJ
amfbr-564	140	28	time	time	NOUN
amfbr-564	140	29	series	series	PROPN
amfbr-564	140	30	data	datum	NOUN
amfbr-564	140	31	from	from	ADP
amfbr-564	140	32	1985	1985	NUM
amfbr-564	140	33	to	to	ADP
amfbr-564	140	34	2018	2018	NUM
amfbr-564	140	35	.	.	PUNCT
amfbr-564	141	1	the	the	DET
amfbr-564	141	2	variables	variable	NOUN
amfbr-564	141	3	included	include	VERB
amfbr-564	141	4	in	in	ADP
amfbr-564	141	5	the	the	DET
amfbr-564	141	6	construction	construction	NOUN
amfbr-564	141	7	of	of	ADP
amfbr-564	141	8	the	the	DET
amfbr-564	141	9	index	index	NOUN
amfbr-564	141	10	are	be	AUX
amfbr-564	141	11	riskless	riskless	NOUN
amfbr-564	141	12	interest	interest	NOUN
amfbr-564	141	13	rate	rate	NOUN
amfbr-564	141	14	,	,	PUNCT
amfbr-564	141	15	stock	stock	NOUN
amfbr-564	141	16	market	market	NOUN
amfbr-564	141	17	index	index	NOUN
amfbr-564	141	18	,	,	PUNCT
amfbr-564	141	19	exchange	exchange	NOUN
amfbr-564	141	20	rate	rate	NOUN
amfbr-564	141	21	,	,	PUNCT
amfbr-564	141	22	credit	credit	NOUN
amfbr-564	141	23	to	to	ADP
amfbr-564	141	24	private	private	ADJ
amfbr-564	141	25	sector	sector	NOUN
amfbr-564	141	26	and	and	CCONJ
amfbr-564	141	27	interest	interest	NOUN
amfbr-564	141	28	rate	rate	NOUN
amfbr-564	141	29	spread	spread	NOUN
amfbr-564	141	30	.	.	PUNCT
amfbr-564	142	1	while	while	SCONJ
amfbr-564	142	2	the	the	DET
amfbr-564	142	3	weights	weight	NOUN
amfbr-564	142	4	attached	attach	VERB
amfbr-564	142	5	to	to	ADP
amfbr-564	142	6	these	these	DET
amfbr-564	142	7	variables	variable	NOUN
amfbr-564	142	8	are	be	AUX
amfbr-564	142	9	ardl	ardl	NOUN
amfbr-564	142	10	coefficients	coefficient	NOUN
amfbr-564	142	11	,	,	PUNCT
amfbr-564	142	12	the	the	DET
amfbr-564	142	13	predictive	predictive	ADJ
amfbr-564	142	14	power	power	NOUN
amfbr-564	142	15	of	of	ADP
amfbr-564	142	16	the	the	DET
amfbr-564	142	17	constructed	construct	VERB
amfbr-564	142	18	index	index	NOUN
amfbr-564	142	19	is	be	AUX
amfbr-564	142	20	examined	examine	VERB
amfbr-564	142	21	within	within	ADP
amfbr-564	142	22	the	the	DET
amfbr-564	142	23	var	var	NOUN
amfbr-564	142	24	framework	framework	NOUN
amfbr-564	142	25	.	.	PUNCT
amfbr-564	143	1	we	we	PRON
amfbr-564	143	2	conclude	conclude	VERB
amfbr-564	143	3	as	as	SCONJ
amfbr-564	143	4	follows	follow	VERB
amfbr-564	143	5	:	:	PUNCT
amfbr-564	143	6	first	first	ADV
amfbr-564	143	7	,	,	PUNCT
amfbr-564	143	8	the	the	DET
amfbr-564	143	9	results	result	NOUN
amfbr-564	143	10	from	from	ADP
amfbr-564	143	11	the	the	DET
amfbr-564	143	12	ardl	ardl	NOUN
amfbr-564	143	13	model	model	NOUN
amfbr-564	143	14	shows	show	VERB
amfbr-564	143	15	that	that	SCONJ
amfbr-564	143	16	credit	credit	NOUN
amfbr-564	143	17	to	to	ADP
amfbr-564	143	18	private	private	ADJ
amfbr-564	143	19	sector	sector	NOUN
amfbr-564	143	20	and	and	CCONJ
amfbr-564	143	21	stock	stock	NOUN
amfbr-564	143	22	market	market	NOUN
amfbr-564	143	23	index	index	NOUN
amfbr-564	143	24	are	be	AUX
amfbr-564	143	25	the	the	DET
amfbr-564	143	26	most	most	ADV
amfbr-564	143	27	significant	significant	ADJ
amfbr-564	143	28	factors	factor	NOUN
amfbr-564	143	29	for	for	ADP
amfbr-564	143	30	nominal	nominal	ADJ
amfbr-564	143	31	gdp	gdp	NOUN
amfbr-564	143	32	,	,	PUNCT
amfbr-564	143	33	hence	hence	ADV
amfbr-564	143	34	having	have	VERB
amfbr-564	143	35	a	a	DET
amfbr-564	143	36	substantial	substantial	ADJ
amfbr-564	143	37	weight	weight	NOUN
amfbr-564	143	38	in	in	ADP
amfbr-564	143	39	the	the	DET
amfbr-564	143	40	resultant	resultant	NOUN
amfbr-564	143	41	financial	financial	ADJ
amfbr-564	143	42	conditions	condition	NOUN
amfbr-564	143	43	index	index	NOUN
amfbr-564	143	44	.	.	PUNCT
amfbr-564	144	1	however	however	ADV
amfbr-564	144	2	,	,	PUNCT
amfbr-564	144	3	the	the	DET
amfbr-564	144	4	results	result	NOUN
amfbr-564	144	5	from	from	ADP
amfbr-564	144	6	var	var	NOUN
amfbr-564	144	7	impulse	impulse	ADJ
amfbr-564	144	8	response	response	NOUN
amfbr-564	144	9	function	function	NOUN
amfbr-564	144	10	and	and	CCONJ
amfbr-564	144	11	forecast	forecast	NOUN
amfbr-564	144	12	error	error	NOUN
amfbr-564	144	13	variance	variance	NOUN
amfbr-564	144	14	decomposition	decomposition	NOUN
amfbr-564	144	15	suggest	suggest	VERB
amfbr-564	144	16	that	that	SCONJ
amfbr-564	144	17	the	the	DET
amfbr-564	144	18	constructed	construct	VERB
amfbr-564	144	19	financial	financial	ADJ
amfbr-564	144	20	conditions	condition	NOUN
amfbr-564	144	21	index	index	NOUN
amfbr-564	144	22	contain	contain	VERB
amfbr-564	144	23	very	very	ADV
amfbr-564	144	24	little	little	ADJ
amfbr-564	144	25	information	information	NOUN
amfbr-564	144	26	about	about	ADP
amfbr-564	144	27	future	future	ADJ
amfbr-564	144	28	growth	growth	NOUN
amfbr-564	144	29	rate	rate	NOUN
amfbr-564	144	30	and	and	CCONJ
amfbr-564	144	31	inflationary	inflationary	ADJ
amfbr-564	144	32	trend	trend	NOUN
amfbr-564	144	33	.	.	PUNCT
amfbr-564	145	1	references	reference	NOUN
amfbr-564	145	2	acaravci	acaravci	PROPN
amfbr-564	145	3	,	,	PUNCT
amfbr-564	145	4	a.	a.	PROPN
amfbr-564	145	5	,	,	PUNCT
amfbr-564	145	6	ozturk	ozturk	PROPN
amfbr-564	145	7	,	,	PUNCT
amfbr-564	145	8	i.	i.	PROPN
amfbr-564	145	9	,	,	PUNCT
amfbr-564	145	10	&	&	CCONJ
amfbr-564	145	11	acaravci	acaravci	PROPN
amfbr-564	145	12	,	,	PUNCT
amfbr-564	145	13	s.	s.	PROPN
amfbr-564	145	14	k.	k.	PROPN
amfbr-564	145	15	(	(	PUNCT
amfbr-564	145	16	2007	2007	NUM
amfbr-564	145	17	)	)	PUNCT
amfbr-564	145	18	.	.	PUNCT
amfbr-564	146	1	finance	finance	NOUN
amfbr-564	146	2	-	-	PUNCT
amfbr-564	146	3	growth	growth	NOUN
amfbr-564	146	4	nexus	nexus	NOUN
amfbr-564	146	5	:	:	PUNCT
amfbr-564	146	6	evidence	evidence	NOUN
amfbr-564	146	7	from	from	ADP
amfbr-564	146	8	turkey	turkey	PROPN
amfbr-564	146	9	.	.	PUNCT
amfbr-564	147	1	international	international	ADJ
amfbr-564	147	2	research	research	PROPN
amfbr-564	147	3	journal	journal	NOUN
amfbr-564	147	4	of	of	ADP
amfbr-564	147	5	finance	finance	NOUN
amfbr-564	147	6	and	and	CCONJ
amfbr-564	147	7	economics	economic	NOUN
amfbr-564	147	8	,	,	PUNCT
amfbr-564	147	9	11	11	NUM
amfbr-564	147	10	,	,	PUNCT
amfbr-564	147	11	30	30	NUM
amfbr-564	147	12	-	-	SYM
amfbr-564	147	13	40	40	NUM
amfbr-564	147	14	.	.	PUNCT
amfbr-564	148	1	al	al	PROPN
amfbr-564	148	2	-	-	PUNCT
amfbr-564	148	3	malkawi	malkawi	PROPN
amfbr-564	148	4	,	,	PUNCT
amfbr-564	148	5	h.	h.	PROPN
amfbr-564	148	6	a.	a.	PROPN
amfbr-564	148	7	n.	n.	PROPN
amfbr-564	148	8	,	,	PUNCT
amfbr-564	148	9	&	&	CCONJ
amfbr-564	148	10	abdullah	abdullah	PROPN
amfbr-564	148	11	,	,	PUNCT
amfbr-564	148	12	n.	n.	PROPN
amfbr-564	148	13	(	(	PUNCT
amfbr-564	148	14	2011	2011	NUM
amfbr-564	148	15	)	)	PUNCT
amfbr-564	148	16	.	.	PUNCT
amfbr-564	149	1	finance	finance	NOUN
amfbr-564	149	2	-	-	PUNCT
amfbr-564	149	3	growth	growth	NOUN
amfbr-564	149	4	nexus	nexus	NOUN
amfbr-564	149	5	:	:	PUNCT
amfbr-564	149	6	evidence	evidence	NOUN
amfbr-564	149	7	from	from	ADP
amfbr-564	149	8	a	a	DET
amfbr-564	149	9	panel	panel	NOUN
amfbr-564	149	10	of	of	ADP
amfbr-564	149	11	mena	mena	PROPN
amfbr-564	149	12	countries	countries	PROPN
amfbr-564	149	13	.	.	PUNCT
amfbr-564	150	1	international	international	ADJ
amfbr-564	150	2	research	research	PROPN
amfbr-564	150	3	journal	journal	NOUN
amfbr-564	150	4	of	of	ADP
amfbr-564	150	5	finance	finance	NOUN
amfbr-564	150	6	and	and	CCONJ
amfbr-564	150	7	economics	economic	NOUN
amfbr-564	150	8	,	,	PUNCT
amfbr-564	150	9	63(63	63(63	NOUN
amfbr-564	150	10	)	)	PUNCT
amfbr-564	150	11	.	.	PUNCT
amfbr-564	151	1	angelopoulou	angelopoulou	PROPN
amfbr-564	151	2	,	,	PUNCT
amfbr-564	151	3	e.	e.	PROPN
amfbr-564	151	4	,	,	PUNCT
amfbr-564	151	5	balfoussia	balfoussia	PROPN
amfbr-564	151	6	,	,	PUNCT
amfbr-564	151	7	h.	h.	PROPN
amfbr-564	151	8	,	,	PUNCT
amfbr-564	151	9	&	&	CCONJ
amfbr-564	151	10	gibson	gibson	PROPN
amfbr-564	151	11	,	,	PUNCT
amfbr-564	151	12	h.	h.	PROPN
amfbr-564	151	13	d.	d.	PROPN
amfbr-564	151	14	(	(	PUNCT
amfbr-564	151	15	2014	2014	NUM
amfbr-564	151	16	)	)	PUNCT
amfbr-564	151	17	.	.	PUNCT
amfbr-564	152	1	building	build	VERB
amfbr-564	152	2	a	a	DET
amfbr-564	152	3	financial	financial	ADJ
amfbr-564	152	4	conditions	condition	NOUN
amfbr-564	152	5	index	index	NOUN
amfbr-564	152	6	for	for	ADP
amfbr-564	152	7	the	the	DET
amfbr-564	152	8	euro	euro	PROPN
amfbr-564	152	9	area	area	NOUN
amfbr-564	152	10	and	and	CCONJ
amfbr-564	152	11	selected	select	VERB
amfbr-564	152	12	euro	euro	NOUN
amfbr-564	152	13	area	area	NOUN
amfbr-564	152	14	countries	country	NOUN
amfbr-564	152	15	:	:	PUNCT
amfbr-564	152	16	what	what	PRON
amfbr-564	152	17	does	do	AUX
amfbr-564	152	18	it	it	PRON
amfbr-564	152	19	tell	tell	VERB
amfbr-564	152	20	us	we	PRON
amfbr-564	152	21	about	about	ADP
amfbr-564	152	22	the	the	DET
amfbr-564	152	23	crisis	crisis	NOUN
amfbr-564	152	24	?	?	PUNCT
amfbr-564	152	25	.	.	PUNCT
amfbr-564	153	1	economic	economic	ADJ
amfbr-564	153	2	modelling	modelling	NOUN
amfbr-564	153	3	,	,	PUNCT
amfbr-564	153	4	38	38	NUM
amfbr-564	153	5	,	,	PUNCT
amfbr-564	153	6	392	392	NUM
amfbr-564	153	7	-	-	SYM
amfbr-564	153	8	403	403	NUM
amfbr-564	153	9	.	.	PUNCT
amfbr-564	154	1	ibrahim	ibrahim	PROPN
amfbr-564	154	2	,	,	PUNCT
amfbr-564	154	3	s.	s.	PROPN
amfbr-564	154	4	,	,	PUNCT
amfbr-564	154	5	abdullahi	abdullahi	PROPN
amfbr-564	154	6	,	,	PUNCT
amfbr-564	154	7	a.	a.	PROPN
amfbr-564	154	8	b.	b.	PROPN
amfbr-564	154	9	,	,	PUNCT
amfbr-564	154	10	azman	azman	PROPN
amfbr-564	154	11	-	-	PUNCT
amfbr-564	154	12	saini	saini	PROPN
amfbr-564	154	13	,	,	PUNCT
amfbr-564	154	14	w.	w.	PROPN
amfbr-564	154	15	n.	n.	PROPN
amfbr-564	154	16	w.	w.	PROPN
amfbr-564	154	17	,	,	PUNCT
amfbr-564	154	18	&	&	CCONJ
amfbr-564	154	19	rahman	rahman	PROPN
amfbr-564	154	20	,	,	PUNCT
amfbr-564	154	21	m.	m.	NOUN
amfbr-564	154	22	a.	a.	NOUN
amfbr-564	154	23	(	(	PUNCT
amfbr-564	154	24	2017	2017	NUM
amfbr-564	154	25	)	)	PUNCT
amfbr-564	154	26	.	.	PUNCT
amfbr-564	155	1	finance	finance	NOUN
amfbr-564	155	2	-	-	PUNCT
amfbr-564	155	3	growth	growth	NOUN
amfbr-564	155	4	nexus	nexus	NOUN
amfbr-564	155	5	:	:	PUNCT
amfbr-564	155	6	evidence	evidence	NOUN
amfbr-564	155	7	based	base	VERB
amfbr-564	155	8	on	on	ADP
amfbr-564	155	9	new	new	ADJ
amfbr-564	155	10	measures	measure	NOUN
amfbr-564	155	11	of	of	ADP
amfbr-564	155	12	finance	finance	NOUN
amfbr-564	155	13	.	.	PUNCT
amfbr-564	156	1	international	international	ADJ
amfbr-564	156	2	journal	journal	PROPN
amfbr-564	156	3	of	of	ADP
amfbr-564	156	4	economics	economics	PROPN
amfbr-564	156	5	&	&	CCONJ
amfbr-564	156	6	management	management	NOUN
amfbr-564	156	7	,	,	PUNCT
amfbr-564	156	8	11(1	11(1	NUM
amfbr-564	156	9	)	)	PUNCT
amfbr-564	156	10	.	.	PUNCT
amfbr-564	157	1	ipeghan	ipeghan	PROPN
amfbr-564	157	2	,	,	PUNCT
amfbr-564	157	3	i.	i.	PROPN
amfbr-564	157	4	y.	y.	PROPN
amfbr-564	157	5	o.	o.	PROPN
amfbr-564	157	6	,	,	PUNCT
amfbr-564	157	7	&	&	CCONJ
amfbr-564	157	8	marshall	marshall	PROPN
amfbr-564	157	9	,	,	PUNCT
amfbr-564	157	10	e.	e.	PROPN
amfbr-564	157	11	s.	s.	PROPN
amfbr-564	157	12	(	(	PUNCT
amfbr-564	157	13	2019	2019	NUM
amfbr-564	157	14	)	)	PUNCT
amfbr-564	157	15	.	.	PUNCT
amfbr-564	158	1	modeling	model	VERB
amfbr-564	158	2	capital	capital	NOUN
amfbr-564	158	3	market	market	NOUN
amfbr-564	158	4	performance	performance	NOUN
amfbr-564	158	5	indicators	indicator	NOUN
amfbr-564	158	6	,	,	PUNCT
amfbr-564	158	7	financial	financial	ADJ
amfbr-564	158	8	development	development	NOUN
amfbr-564	158	9	and	and	CCONJ
amfbr-564	158	10	economic	economic	ADJ
amfbr-564	158	11	growth	growth	NOUN
amfbr-564	158	12	in	in	ADP
amfbr-564	158	13	nigeria	nigeria	PROPN
amfbr-564	158	14	:	:	PUNCT
amfbr-564	158	15	empirical	empirical	ADJ
amfbr-564	158	16	evidence	evidence	NOUN
amfbr-564	158	17	.	.	PUNCT
amfbr-564	159	1	copyright	copyright	NOUN
amfbr-564	159	2	©	©	PROPN
amfbr-564	159	3	cc	cc	PROPN
amfbr-564	159	4	-	-	PUNCT
amfbr-564	159	5	by	by	ADP
amfbr-564	159	6	-	-	PUNCT
amfbr-564	159	7	nc	nc	PROPN
amfbr-564	159	8	2020	2020	NUM
amfbr-564	159	9	,	,	PUNCT
amfbr-564	159	10	cribfb	cribfb	PROPN
amfbr-564	159	11	|	|	ADV
amfbr-564	159	12	amfbr	amfbr	ADJ
amfbr-564	159	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-564	159	14	american	american	PROPN
amfbr-564	159	15	finance	finance	PROPN
amfbr-564	159	16	&	&	CCONJ
amfbr-564	159	17	banking	banking	PROPN
amfbr-564	159	18	review	review	PROPN
amfbr-564	159	19	vol	vol	NOUN
amfbr-564	159	20	.	.	PROPN
amfbr-564	160	1	5	5	NUM
amfbr-564	160	2	,	,	PUNCT
amfbr-564	160	3	no	no	INTJ
amfbr-564	160	4	.	.	NOUN
amfbr-564	160	5	1	1	NUM
amfbr-564	160	6	;	;	PUNCT
amfbr-564	160	7	2020	2020	NUM
amfbr-564	160	8	70	70	NUM
amfbr-564	160	9	kabundi	kabundi	NOUN
amfbr-564	160	10	,	,	PUNCT
amfbr-564	160	11	a.	a.	NOUN
amfbr-564	160	12	,	,	PUNCT
amfbr-564	160	13	&	&	CCONJ
amfbr-564	160	14	mbelu	mbelu	PROPN
amfbr-564	160	15	,	,	PUNCT
amfbr-564	160	16	a.	a.	NOUN
amfbr-564	160	17	(	(	PUNCT
amfbr-564	160	18	2020	2020	NUM
amfbr-564	160	19	)	)	PUNCT
amfbr-564	160	20	.	.	PUNCT
amfbr-564	161	1	estimating	estimate	VERB
amfbr-564	161	2	a	a	DET
amfbr-564	161	3	time	time	NOUN
amfbr-564	161	4	-	-	PUNCT
amfbr-564	161	5	varying	vary	VERB
amfbr-564	161	6	financial	financial	ADJ
amfbr-564	161	7	conditions	condition	NOUN
amfbr-564	161	8	index	index	NOUN
amfbr-564	161	9	for	for	ADP
amfbr-564	161	10	south	south	PROPN
amfbr-564	161	11	africa	africa	PROPN
amfbr-564	161	12	.	.	PUNCT
amfbr-564	162	1	empirical	empirical	ADJ
amfbr-564	162	2	economics	economic	NOUN
amfbr-564	162	3	,	,	PUNCT
amfbr-564	162	4	1	1	NUM
amfbr-564	162	5	-	-	SYM
amfbr-564	162	6	28	28	NUM
amfbr-564	162	7	.	.	PUNCT
amfbr-564	163	1	khundrakpam	khundrakpam	PROPN
amfbr-564	163	2	,	,	PUNCT
amfbr-564	163	3	j.	j.	PROPN
amfbr-564	163	4	k.	k.	PROPN
amfbr-564	163	5	,	,	PUNCT
amfbr-564	163	6	kavediya	kavediya	PROPN
amfbr-564	163	7	,	,	PUNCT
amfbr-564	163	8	r.	r.	PROPN
amfbr-564	163	9	,	,	PUNCT
amfbr-564	163	10	&	&	CCONJ
amfbr-564	163	11	anthony	anthony	PROPN
amfbr-564	163	12	,	,	PUNCT
amfbr-564	163	13	j.	j.	PROPN
amfbr-564	163	14	m.	m.	PROPN
amfbr-564	163	15	(	(	PUNCT
amfbr-564	163	16	2017	2017	NUM
amfbr-564	163	17	)	)	PUNCT
amfbr-564	163	18	.	.	PUNCT
amfbr-564	164	1	estimating	estimate	VERB
amfbr-564	164	2	financial	financial	ADJ
amfbr-564	164	3	conditions	condition	NOUN
amfbr-564	164	4	index	index	NOUN
amfbr-564	164	5	for	for	ADP
amfbr-564	164	6	india	india	PROPN
amfbr-564	164	7	.	.	PUNCT
amfbr-564	165	1	journal	journal	PROPN
amfbr-564	165	2	of	of	ADP
amfbr-564	165	3	emerging	emerge	VERB
amfbr-564	165	4	market	market	NOUN
amfbr-564	165	5	finance	finance	NOUN
amfbr-564	165	6	,	,	PUNCT
amfbr-564	165	7	16(1	16(1	NUM
amfbr-564	165	8	)	)	PUNCT
amfbr-564	165	9	,	,	PUNCT
amfbr-564	165	10	61	61	NUM
amfbr-564	165	11	-	-	SYM
amfbr-564	165	12	89	89	NUM
amfbr-564	165	13	.	.	PUNCT
amfbr-564	166	1	ncanywa	ncanywa	PROPN
amfbr-564	166	2	,	,	PUNCT
amfbr-564	166	3	t.	t.	PROPN
amfbr-564	166	4	,	,	PUNCT
amfbr-564	166	5	&	&	CCONJ
amfbr-564	166	6	mabusela	mabusela	PROPN
amfbr-564	166	7	,	,	PUNCT
amfbr-564	166	8	k.	k.	PROPN
amfbr-564	166	9	(	(	PUNCT
amfbr-564	166	10	2019	2019	NUM
amfbr-564	166	11	)	)	PUNCT
amfbr-564	166	12	.	.	PUNCT
amfbr-564	167	1	can	can	AUX
amfbr-564	167	2	financial	financial	ADJ
amfbr-564	167	3	development	development	NOUN
amfbr-564	167	4	influence	influence	NOUN
amfbr-564	167	5	economic	economic	ADJ
amfbr-564	167	6	growth	growth	NOUN
amfbr-564	167	7	:	:	PUNCT
amfbr-564	167	8	the	the	DET
amfbr-564	167	9	sub	sub	ADJ
amfbr-564	167	10	-	-	ADJ
amfbr-564	167	11	saharan	saharan	ADJ
amfbr-564	167	12	analysis	analysis	NOUN
amfbr-564	167	13	.	.	PUNCT
amfbr-564	168	1	journal	journal	NOUN
amfbr-564	168	2	of	of	ADP
amfbr-564	168	3	economic	economic	ADJ
amfbr-564	168	4	and	and	CCONJ
amfbr-564	168	5	financial	financial	ADJ
amfbr-564	168	6	sciences	science	NOUN
amfbr-564	168	7	,	,	PUNCT
amfbr-564	168	8	12(1	12(1	NUM
amfbr-564	168	9	)	)	PUNCT
amfbr-564	168	10	,	,	PUNCT
amfbr-564	168	11	1	1	NUM
amfbr-564	168	12	-	-	SYM
amfbr-564	168	13	13	13	NUM
amfbr-564	168	14	.	.	PUNCT
amfbr-564	169	1	okunlola	okunlola	PROPN
amfbr-564	169	2	,	,	PUNCT
amfbr-564	169	3	o.	o.	PROPN
amfbr-564	169	4	a.	a.	PROPN
amfbr-564	169	5	,	,	PUNCT
amfbr-564	169	6	masade	masade	PROPN
amfbr-564	169	7	,	,	PUNCT
amfbr-564	169	8	e.	e.	PROPN
amfbr-564	169	9	o.	o.	PROPN
amfbr-564	169	10	,	,	PUNCT
amfbr-564	169	11	folaranmi	folaranmi	PROPN
amfbr-564	169	12	lukman	lukman	PROPN
amfbr-564	169	13	,	,	PUNCT
amfbr-564	169	14	a.	a.	PROPN
amfbr-564	169	15	,	,	PUNCT
amfbr-564	169	16	&	&	CCONJ
amfbr-564	169	17	ajayi	ajayi	PROPN
amfbr-564	169	18	abiodun	abiodun	PROPN
amfbr-564	169	19	,	,	PUNCT
amfbr-564	169	20	s.	s.	PROPN
amfbr-564	169	21	(	(	PUNCT
amfbr-564	169	22	2020	2020	NUM
amfbr-564	169	23	)	)	PUNCT
amfbr-564	169	24	.	.	PUNCT
amfbr-564	170	1	investigating	investigate	VERB
amfbr-564	170	2	causal	causal	ADJ
amfbr-564	170	3	relationship	relationship	NOUN
amfbr-564	170	4	between	between	ADP
amfbr-564	170	5	financial	financial	ADJ
amfbr-564	170	6	development	development	NOUN
amfbr-564	170	7	indicators	indicator	NOUN
amfbr-564	170	8	and	and	CCONJ
amfbr-564	170	9	economic	economic	ADJ
amfbr-564	170	10	growth	growth	NOUN
amfbr-564	170	11	:	:	PUNCT
amfbr-564	170	12	toda	toda	PROPN
amfbr-564	170	13	and	and	CCONJ
amfbr-564	170	14	yamamoto	yamamoto	PROPN
amfbr-564	170	15	approach	approach	NOUN
amfbr-564	170	16	.	.	PUNCT
amfbr-564	171	1	iranian	iranian	ADJ
amfbr-564	171	2	economic	economic	PROPN
amfbr-564	171	3	review	review	PROPN
amfbr-564	171	4	,	,	PUNCT
amfbr-564	171	5	24(1	24(1	NUM
amfbr-564	171	6	)	)	PUNCT
amfbr-564	171	7	,	,	PUNCT
amfbr-564	171	8	225	225	NUM
amfbr-564	171	9	-	-	SYM
amfbr-564	171	10	246	246	NUM
amfbr-564	171	11	.	.	PUNCT
amfbr-564	172	1	olaniyan	olaniyan	ADJ
amfbr-564	172	2	,	,	PUNCT
amfbr-564	172	3	t.	t.	NOUN
amfbr-564	172	4	o.	o.	PROPN
amfbr-564	172	5	(	(	PUNCT
amfbr-564	172	6	2019	2019	NUM
amfbr-564	172	7	)	)	PUNCT
amfbr-564	172	8	.	.	PUNCT
amfbr-564	173	1	interactive	interactive	ADJ
amfbr-564	173	2	effects	effect	NOUN
amfbr-564	173	3	of	of	ADP
amfbr-564	173	4	remittances	remittance	NOUN
amfbr-564	173	5	and	and	CCONJ
amfbr-564	173	6	financial	financial	ADJ
amfbr-564	173	7	sector	sector	NOUN
amfbr-564	173	8	development	development	NOUN
amfbr-564	173	9	on	on	ADP
amfbr-564	173	10	economic	economic	ADJ
amfbr-564	173	11	growth	growth	NOUN
amfbr-564	173	12	in	in	ADP
amfbr-564	173	13	nigeria	nigeria	PROPN
amfbr-564	173	14	.	.	PUNCT
amfbr-564	174	1	remittances	remittance	NOUN
amfbr-564	174	2	review	review	PROPN
amfbr-564	174	3	,	,	PUNCT
amfbr-564	174	4	4(1	4(1	NOUN
amfbr-564	174	5	)	)	PUNCT
amfbr-564	174	6	,	,	PUNCT
amfbr-564	174	7	19	19	NUM
amfbr-564	174	8	-	-	SYM
amfbr-564	174	9	39	39	NUM
amfbr-564	174	10	.	.	PUNCT
amfbr-564	175	1	olayungbo	olayungbo	PROPN
amfbr-564	175	2	,	,	PUNCT
amfbr-564	175	3	d.	d.	PROPN
amfbr-564	175	4	o.	o.	PROPN
amfbr-564	175	5	,	,	PUNCT
amfbr-564	175	6	&	&	CCONJ
amfbr-564	175	7	quadri	quadri	PROPN
amfbr-564	175	8	,	,	PUNCT
amfbr-564	175	9	a.	a.	NOUN
amfbr-564	175	10	(	(	PUNCT
amfbr-564	175	11	2019	2019	NUM
amfbr-564	175	12	)	)	PUNCT
amfbr-564	175	13	.	.	PUNCT
amfbr-564	176	1	remittances	remittance	NOUN
amfbr-564	176	2	,	,	PUNCT
amfbr-564	176	3	financial	financial	ADJ
amfbr-564	176	4	development	development	NOUN
amfbr-564	176	5	and	and	CCONJ
amfbr-564	176	6	economic	economic	ADJ
amfbr-564	176	7	growth	growth	NOUN
amfbr-564	176	8	in	in	ADP
amfbr-564	176	9	sub	sub	ADJ
amfbr-564	176	10	-	-	ADJ
amfbr-564	176	11	saharan	saharan	ADJ
amfbr-564	176	12	african	african	ADJ
amfbr-564	176	13	countries	country	NOUN
amfbr-564	176	14	:	:	PUNCT
amfbr-564	176	15	evidence	evidence	NOUN
amfbr-564	176	16	from	from	ADP
amfbr-564	176	17	a	a	DET
amfbr-564	176	18	pmg	pmg	PROPN
amfbr-564	176	19	-	-	PUNCT
amfbr-564	176	20	ardl	ardl	NOUN
amfbr-564	176	21	approach	approach	NOUN
amfbr-564	176	22	.	.	PUNCT
amfbr-564	177	1	financial	financial	ADJ
amfbr-564	177	2	innovation	innovation	NOUN
amfbr-564	177	3	,	,	PUNCT
amfbr-564	177	4	5(1	5(1	NUM
amfbr-564	177	5	)	)	PUNCT
amfbr-564	177	6	,	,	PUNCT
amfbr-564	177	7	9	9	NUM
amfbr-564	177	8	.	.	NUM
amfbr-564	177	9	oro	oro	PROPN
amfbr-564	177	10	,	,	PUNCT
amfbr-564	177	11	o.	o.	PROPN
amfbr-564	177	12	u.	u.	PROPN
amfbr-564	177	13	,	,	PUNCT
amfbr-564	177	14	&	&	CCONJ
amfbr-564	177	15	alagidede	alagidede	PROPN
amfbr-564	177	16	,	,	PUNCT
amfbr-564	177	17	p.	p.	NOUN
amfbr-564	177	18	(	(	PUNCT
amfbr-564	177	19	2018	2018	NUM
amfbr-564	177	20	)	)	PUNCT
amfbr-564	177	21	.	.	PUNCT
amfbr-564	178	1	the	the	DET
amfbr-564	178	2	nature	nature	NOUN
amfbr-564	178	3	of	of	ADP
amfbr-564	178	4	finance	finance	NOUN
amfbr-564	178	5	–	–	PUNCT
amfbr-564	178	6	growth	growth	NOUN
amfbr-564	178	7	relationship	relationship	NOUN
amfbr-564	178	8	:	:	PUNCT
amfbr-564	178	9	evidence	evidence	NOUN
amfbr-564	178	10	from	from	ADP
amfbr-564	178	11	a	a	DET
amfbr-564	178	12	panel	panel	NOUN
amfbr-564	178	13	of	of	ADP
amfbr-564	178	14	oil	oil	NOUN
amfbr-564	178	15	producing	produce	VERB
amfbr-564	178	16	countries	country	NOUN
amfbr-564	178	17	.	.	PUNCT
amfbr-564	179	1	economic	economic	ADJ
amfbr-564	179	2	analysis	analysis	NOUN
amfbr-564	179	3	and	and	CCONJ
amfbr-564	179	4	policy	policy	NOUN
amfbr-564	179	5	.	.	PUNCT
amfbr-564	180	1	available	available	ADJ
amfbr-564	180	2	at	at	ADP
amfbr-564	180	3	ssrn	ssrn	PROPN
amfbr-564	180	4	3190069	3190069	NUM
amfbr-564	180	5	.	.	PUNCT
amfbr-564	181	1	schumpeter	schumpeter	NOUN
amfbr-564	181	2	,	,	PUNCT
amfbr-564	181	3	j.	j.	PROPN
amfbr-564	181	4	a.	a.	PROPN
amfbr-564	181	5	(	(	PUNCT
amfbr-564	181	6	1912	1912	NUM
amfbr-564	181	7	)	)	PUNCT
amfbr-564	181	8	.	.	PUNCT
amfbr-564	182	1	1934	1934	NUM
amfbr-564	182	2	.	.	PUNCT
amfbr-564	183	1	the	the	DET
amfbr-564	183	2	theory	theory	NOUN
amfbr-564	183	3	of	of	ADP
amfbr-564	183	4	economic	economic	ADJ
amfbr-564	183	5	development	development	NOUN
amfbr-564	183	6	.	.	PUNCT
amfbr-564	184	1	swiston	swiston	PROPN
amfbr-564	184	2	,	,	PUNCT
amfbr-564	184	3	a.	a.	NOUN
amfbr-564	184	4	(	(	PUNCT
amfbr-564	184	5	2008	2008	NUM
amfbr-564	184	6	)	)	PUNCT
amfbr-564	184	7	.	.	PUNCT
amfbr-564	185	1	a	a	DET
amfbr-564	185	2	us	us	PROPN
amfbr-564	185	3	financial	financial	ADJ
amfbr-564	185	4	conditions	condition	NOUN
amfbr-564	185	5	index	index	NOUN
amfbr-564	185	6	:	:	PUNCT
amfbr-564	185	7	putting	put	VERB
amfbr-564	185	8	credit	credit	NOUN
amfbr-564	185	9	where	where	SCONJ
amfbr-564	185	10	credit	credit	NOUN
amfbr-564	185	11	is	be	AUX
amfbr-564	185	12	due	due	ADJ
amfbr-564	185	13	(	(	PUNCT
amfbr-564	185	14	no	no	INTJ
amfbr-564	185	15	.	.	NOUN
amfbr-564	185	16	8161	8161	NUM
amfbr-564	185	17	)	)	PUNCT
amfbr-564	185	18	.	.	PUNCT
amfbr-564	186	1	international	international	ADJ
amfbr-564	186	2	monetary	monetary	ADJ
amfbr-564	186	3	fund	fund	PROPN
amfbr-564	186	4	.	.	PUNCT
amfbr-564	187	1	wang	wang	PROPN
amfbr-564	187	2	,	,	PUNCT
amfbr-564	187	3	s.	s.	PROPN
amfbr-564	187	4	,	,	PUNCT
amfbr-564	187	5	xu	xu	PROPN
amfbr-564	187	6	,	,	PUNCT
amfbr-564	187	7	f.	f.	PROPN
amfbr-564	187	8	,	,	PUNCT
amfbr-564	187	9	&	&	CCONJ
amfbr-564	187	10	chen	chen	PROPN
amfbr-564	187	11	,	,	PUNCT
amfbr-564	187	12	s.	s.	PROPN
amfbr-564	187	13	(	(	PUNCT
amfbr-564	187	14	2018	2018	NUM
amfbr-564	187	15	)	)	PUNCT
amfbr-564	187	16	.	.	PUNCT
amfbr-564	188	1	constructing	construct	VERB
amfbr-564	188	2	a	a	DET
amfbr-564	188	3	dynamic	dynamic	ADJ
amfbr-564	188	4	financial	financial	ADJ
amfbr-564	188	5	conditions	condition	NOUN
amfbr-564	188	6	indexes	index	NOUN
amfbr-564	188	7	by	by	ADP
amfbr-564	188	8	tvp	tvp	ADJ
amfbr-564	188	9	-	-	PUNCT
amfbr-564	188	10	favar	favar	NOUN
amfbr-564	188	11	model	model	NOUN
amfbr-564	188	12	.	.	PUNCT
amfbr-564	189	1	applied	apply	VERB
amfbr-564	189	2	economics	economic	NOUN
amfbr-564	189	3	letters	letter	NOUN
amfbr-564	189	4	,	,	PUNCT
amfbr-564	189	5	25(3	25(3	NUM
amfbr-564	189	6	)	)	PUNCT
amfbr-564	189	7	,	,	PUNCT
amfbr-564	189	8	183	183	NUM
amfbr-564	189	9	-	-	SYM
amfbr-564	189	10	186	186	NUM
amfbr-564	189	11	.	.	PUNCT
amfbr-564	190	1	copyrights	copyright	NOUN
amfbr-564	190	2	copyright	copyright	NOUN
amfbr-564	190	3	for	for	ADP
amfbr-564	190	4	this	this	DET
amfbr-564	190	5	article	article	NOUN
amfbr-564	190	6	is	be	AUX
amfbr-564	190	7	retained	retain	VERB
amfbr-564	190	8	by	by	ADP
amfbr-564	190	9	the	the	DET
amfbr-564	190	10	author(s	author(s	PROPN
amfbr-564	190	11	)	)	PUNCT
amfbr-564	190	12	,	,	PUNCT
amfbr-564	190	13	with	with	ADP
amfbr-564	190	14	first	first	ADJ
amfbr-564	190	15	publication	publication	NOUN
amfbr-564	190	16	rights	right	NOUN
amfbr-564	190	17	granted	grant	VERB
amfbr-564	190	18	to	to	ADP
amfbr-564	190	19	the	the	DET
amfbr-564	190	20	journal	journal	NOUN
amfbr-564	190	21	.	.	PUNCT
amfbr-564	191	1	this	this	PRON
amfbr-564	191	2	is	be	AUX
amfbr-564	191	3	an	an	DET
amfbr-564	191	4	open	open	ADJ
amfbr-564	191	5	-	-	PUNCT
amfbr-564	191	6	access	access	NOUN
amfbr-564	191	7	article	article	NOUN
amfbr-564	191	8	distributed	distribute	VERB
amfbr-564	191	9	under	under	ADP
amfbr-564	191	10	the	the	DET
amfbr-564	191	11	terms	term	NOUN
amfbr-564	191	12	and	and	CCONJ
amfbr-564	191	13	conditions	condition	NOUN
amfbr-564	191	14	of	of	ADP
amfbr-564	191	15	the	the	DET
amfbr-564	191	16	creative	creative	ADJ
amfbr-564	191	17	commons	common	NOUN
amfbr-564	191	18	attribution	attribution	NOUN
amfbr-564	191	19	license	license	NOUN
amfbr-564	191	20	(	(	PUNCT
amfbr-564	191	21	http://creativecommons.org/licenses/by/4.0/	http://creativecommons.org/licenses/by/4.0/	PROPN
amfbr-564	191	22	)	)	PUNCT
amfbr-564	191	23	.	.	PUNCT