id	sid	tid	token	lemma	pos
economy-1580	1	1	25	25	NUM
economy-1580	1	2	©	©	PROPN
economy-1580	1	3	2020	2020	NUM
economy-1580	1	4	by	by	ADP
economy-1580	1	5	the	the	DET
economy-1580	1	6	authors	author	NOUN
economy-1580	1	7	;	;	PUNCT
economy-1580	1	8	licensee	licensee	PROPN
economy-1580	1	9	asian	asian	ADJ
economy-1580	1	10	online	online	PROPN
economy-1580	1	11	journal	journal	PROPN
economy-1580	1	12	publishing	publishing	NOUN
economy-1580	1	13	group	group	NOUN
economy-1580	1	14	economy	economy	NOUN
economy-1580	1	15	vol	vol	NOUN
economy-1580	1	16	.	.	PROPN
economy-1580	1	17	7	7	NUM
economy-1580	1	18	,	,	PUNCT
economy-1580	1	19	no	no	INTJ
economy-1580	1	20	.	.	NOUN
economy-1580	1	21	1	1	NUM
economy-1580	1	22	,	,	PUNCT
economy-1580	1	23	25	25	NUM
economy-1580	1	24	-	-	SYM
economy-1580	1	25	35	35	NUM
economy-1580	1	26	,	,	PUNCT
economy-1580	1	27	2020	2020	NUM
economy-1580	1	28	issn(e	issn(e	PROPN
economy-1580	1	29	)	)	PUNCT
economy-1580	1	30	2313	2313	NUM
economy-1580	1	31	-	-	SYM
economy-1580	1	32	8181/	8181/	NUM
economy-1580	1	33	issn(p	issn(p	NOUN
economy-1580	1	34	)	)	PUNCT
economy-1580	1	35	2518	2518	NUM
economy-1580	1	36	-	-	PUNCT
economy-1580	1	37	0118	0118	NUM
economy-1580	1	38	doi	doi	NOUN
economy-1580	1	39	:	:	PUNCT
economy-1580	1	40	10.20448	10.20448	NUM
economy-1580	1	41	/	/	SYM
economy-1580	1	42	journal.502.2020.71.25.35	journal.502.2020.71.25.35	PROPN
economy-1580	1	43	©	©	PROPN
economy-1580	1	44	2019	2019	NUM
economy-1580	1	45	by	by	ADP
economy-1580	1	46	the	the	DET
economy-1580	1	47	authors	author	NOUN
economy-1580	1	48	;	;	PUNCT
economy-1580	1	49	licensee	licensee	PROPN
economy-1580	1	50	asian	asian	ADJ
economy-1580	1	51	online	online	PROPN
economy-1580	1	52	journal	journal	PROPN
economy-1580	1	53	publishing	publishing	NOUN
economy-1580	1	54	group	group	NOUN
economy-1580	1	55	macroeconomic	macroeconomic	ADJ
economy-1580	1	56	policies	policy	NOUN
economy-1580	1	57	and	and	CCONJ
economy-1580	1	58	stock	stock	NOUN
economy-1580	1	59	market	market	NOUN
economy-1580	1	60	liquidity	liquidity	NOUN
economy-1580	1	61	:	:	PUNCT
economy-1580	1	62	evidence	evidence	NOUN
economy-1580	1	63	from	from	ADP
economy-1580	1	64	nigeria	nigeria	PROPN
economy-1580	1	65	kingsley	kingsley	PROPN
economy-1580	1	66	onyekachi	onyekachi	PROPN
economy-1580	1	67	onyele1	onyele1	PROPN
economy-1580	1	68	eberechi	eberechi	PROPN
economy-1580	1	69	b.	b.	PROPN
economy-1580	1	70	ikwuagwu2	ikwuagwu2	PROPN
economy-1580	1	71	charity	charity	PROPN
economy-1580	1	72	onyekachi	onyekachi	PROPN
economy-1580	1	73	-	-	PUNCT
economy-1580	1	74	onyele3	onyele3	PROPN
economy-1580	1	75	(	(	PUNCT
economy-1580	1	76			PROPN
economy-1580	1	77	corresponding	correspond	VERB
economy-1580	1	78	author	author	NOUN
economy-1580	1	79	)	)	PUNCT
economy-1580	1	80	1,2,3department	1,2,3department	NUM
economy-1580	1	81	of	of	ADP
economy-1580	1	82	banking	banking	NOUN
economy-1580	1	83	and	and	CCONJ
economy-1580	1	84	finance	finance	NOUN
economy-1580	1	85	,	,	PUNCT
economy-1580	1	86	michael	michael	PROPN
economy-1580	1	87	okpara	okpara	PROPN
economy-1580	1	88	university	university	PROPN
economy-1580	1	89	of	of	ADP
economy-1580	1	90	agriculture	agriculture	PROPN
economy-1580	1	91	,	,	PUNCT
economy-1580	1	92	umudike	umudike	PROPN
economy-1580	1	93	,	,	PUNCT
economy-1580	1	94	abia	abia	PROPN
economy-1580	1	95	state	state	PROPN
economy-1580	1	96	,	,	PUNCT
economy-1580	1	97	nigeria	nigeria	PROPN
economy-1580	1	98	.	.	PUNCT
economy-1580	2	1	abstract	abstract	ADJ
economy-1580	2	2	this	this	DET
economy-1580	2	3	study	study	NOUN
economy-1580	2	4	investigated	investigate	VERB
economy-1580	2	5	the	the	DET
economy-1580	2	6	effect	effect	NOUN
economy-1580	2	7	of	of	ADP
economy-1580	2	8	macroeconomic	macroeconomic	ADJ
economy-1580	2	9	policies	policy	NOUN
economy-1580	2	10	on	on	ADP
economy-1580	2	11	stock	stock	NOUN
economy-1580	2	12	market	market	NOUN
economy-1580	2	13	liquidity	liquidity	NOUN
economy-1580	2	14	in	in	ADP
economy-1580	2	15	nigeria	nigeria	PROPN
economy-1580	2	16	using	use	VERB
economy-1580	2	17	annual	annual	ADJ
economy-1580	2	18	time	time	NOUN
economy-1580	2	19	series	series	PROPN
economy-1580	2	20	data	datum	NOUN
economy-1580	2	21	that	that	PRON
economy-1580	2	22	spanned	span	VERB
economy-1580	2	23	from	from	ADP
economy-1580	2	24	1986	1986	NUM
economy-1580	2	25	to	to	ADP
economy-1580	2	26	2018	2018	NUM
economy-1580	2	27	.	.	PUNCT
economy-1580	3	1	specifically	specifically	ADV
economy-1580	3	2	,	,	PUNCT
economy-1580	3	3	the	the	DET
economy-1580	3	4	paper	paper	NOUN
economy-1580	3	5	analyzed	analyze	VERB
economy-1580	3	6	how	how	SCONJ
economy-1580	3	7	monetary	monetary	ADJ
economy-1580	3	8	and	and	CCONJ
economy-1580	3	9	fiscal	fiscal	ADJ
economy-1580	3	10	policies	policy	NOUN
economy-1580	3	11	interactions	interaction	NOUN
economy-1580	3	12	affect	affect	VERB
economy-1580	3	13	stock	stock	NOUN
economy-1580	3	14	market	market	NOUN
economy-1580	3	15	liquidity	liquidity	NOUN
economy-1580	3	16	.	.	PUNCT
economy-1580	4	1	stock	stock	NOUN
economy-1580	4	2	market	market	NOUN
economy-1580	4	3	liquidity	liquidity	NOUN
economy-1580	4	4	was	be	AUX
economy-1580	4	5	measured	measure	VERB
economy-1580	4	6	by	by	ADP
economy-1580	4	7	stock	stock	NOUN
economy-1580	4	8	turnover	turnover	NOUN
economy-1580	4	9	ratio	ratio	NOUN
economy-1580	4	10	.	.	PUNCT
economy-1580	5	1	unit	unit	NOUN
economy-1580	5	2	root	root	PROPN
economy-1580	5	3	test	test	NOUN
economy-1580	5	4	confirmed	confirm	VERB
economy-1580	5	5	that	that	SCONJ
economy-1580	5	6	the	the	DET
economy-1580	5	7	variables	variable	NOUN
economy-1580	5	8	were	be	AUX
economy-1580	5	9	of	of	ADP
economy-1580	5	10	mixed	mixed	ADJ
economy-1580	5	11	integration	integration	NOUN
economy-1580	5	12	which	which	PRON
economy-1580	5	13	necessitated	necessitate	VERB
economy-1580	5	14	the	the	DET
economy-1580	5	15	application	application	NOUN
economy-1580	5	16	of	of	ADP
economy-1580	5	17	ardl	ardl	NOUN
economy-1580	5	18	technique	technique	NOUN
economy-1580	5	19	.	.	PUNCT
economy-1580	6	1	the	the	DET
economy-1580	6	2	ardl	ardl	NOUN
economy-1580	6	3	bounds	bound	NOUN
economy-1580	6	4	testing	testing	NOUN
economy-1580	6	5	revealed	reveal	VERB
economy-1580	6	6	that	that	SCONJ
economy-1580	6	7	a	a	DET
economy-1580	6	8	long	long	ADV
economy-1580	6	9	-	-	PUNCT
economy-1580	6	10	run	run	NOUN
economy-1580	6	11	relationship	relationship	NOUN
economy-1580	6	12	existed	exist	VERB
economy-1580	6	13	between	between	ADP
economy-1580	6	14	fiscal	fiscal	ADJ
economy-1580	6	15	and	and	CCONJ
economy-1580	6	16	monetary	monetary	ADJ
economy-1580	6	17	policies	policy	NOUN
economy-1580	6	18	instruments	instrument	NOUN
economy-1580	6	19	,	,	PUNCT
economy-1580	6	20	and	and	CCONJ
economy-1580	6	21	stock	stock	NOUN
economy-1580	6	22	market	market	NOUN
economy-1580	6	23	turnover	turnover	NOUN
economy-1580	6	24	ratio	ratio	NOUN
economy-1580	6	25	.	.	PUNCT
economy-1580	7	1	in	in	ADP
economy-1580	7	2	the	the	DET
economy-1580	7	3	long	long	ADV
economy-1580	7	4	-	-	PUNCT
economy-1580	7	5	run	run	NOUN
economy-1580	7	6	,	,	PUNCT
economy-1580	7	7	it	it	PRON
economy-1580	7	8	was	be	AUX
economy-1580	7	9	found	find	VERB
economy-1580	7	10	that	that	SCONJ
economy-1580	7	11	government	government	NOUN
economy-1580	7	12	debt	debt	NOUN
economy-1580	7	13	had	have	VERB
economy-1580	7	14	negative	negative	ADJ
economy-1580	7	15	and	and	CCONJ
economy-1580	7	16	significant	significant	ADJ
economy-1580	7	17	effect	effect	NOUN
economy-1580	7	18	on	on	ADP
economy-1580	7	19	stock	stock	NOUN
economy-1580	7	20	market	market	NOUN
economy-1580	7	21	turnover	turnover	NOUN
economy-1580	7	22	ratio	ratio	NOUN
economy-1580	7	23	while	while	SCONJ
economy-1580	7	24	monetary	monetary	ADJ
economy-1580	7	25	policy	policy	NOUN
economy-1580	7	26	variables	variable	NOUN
economy-1580	7	27	such	such	ADJ
economy-1580	7	28	as	as	ADP
economy-1580	7	29	monetary	monetary	ADJ
economy-1580	7	30	policy	policy	NOUN
economy-1580	7	31	rate	rate	NOUN
economy-1580	7	32	and	and	CCONJ
economy-1580	7	33	cash	cash	NOUN
economy-1580	7	34	reserve	reserve	NOUN
economy-1580	7	35	ratio	ratio	NOUN
economy-1580	7	36	had	have	VERB
economy-1580	7	37	significant	significant	ADJ
economy-1580	7	38	effect	effect	NOUN
economy-1580	7	39	on	on	ADP
economy-1580	7	40	stock	stock	NOUN
economy-1580	7	41	market	market	NOUN
economy-1580	7	42	turnover	turnover	NOUN
economy-1580	7	43	,	,	PUNCT
economy-1580	7	44	but	but	CCONJ
economy-1580	7	45	only	only	ADV
economy-1580	7	46	the	the	DET
economy-1580	7	47	policy	policy	NOUN
economy-1580	7	48	rate	rate	NOUN
economy-1580	7	49	was	be	AUX
economy-1580	7	50	positive	positive	ADJ
economy-1580	7	51	.	.	PUNCT
economy-1580	8	1	in	in	ADP
economy-1580	8	2	the	the	DET
economy-1580	8	3	short	short	ADJ
economy-1580	8	4	-	-	PUNCT
economy-1580	8	5	run	run	NOUN
economy-1580	8	6	,	,	PUNCT
economy-1580	8	7	all	all	DET
economy-1580	8	8	the	the	DET
economy-1580	8	9	explanatory	explanatory	ADJ
economy-1580	8	10	variables	variable	NOUN
economy-1580	8	11	were	be	AUX
economy-1580	8	12	significant	significant	ADJ
economy-1580	8	13	apart	apart	ADV
economy-1580	8	14	from	from	ADP
economy-1580	8	15	monetary	monetary	ADJ
economy-1580	8	16	policy	policy	NOUN
economy-1580	8	17	rate	rate	NOUN
economy-1580	8	18	which	which	PRON
economy-1580	8	19	was	be	AUX
economy-1580	8	20	,	,	PUNCT
economy-1580	8	21	though	though	ADV
economy-1580	8	22	,	,	PUNCT
economy-1580	8	23	significant	significant	ADJ
economy-1580	8	24	after	after	ADP
economy-1580	8	25	one	one	NUM
economy-1580	8	26	period	period	NOUN
economy-1580	8	27	lag	lag	NOUN
economy-1580	8	28	and	and	CCONJ
economy-1580	8	29	liquidity	liquidity	NOUN
economy-1580	8	30	ratio	ratio	NOUN
economy-1580	8	31	which	which	PRON
economy-1580	8	32	was	be	AUX
economy-1580	8	33	not	not	PART
economy-1580	8	34	significant	significant	ADJ
economy-1580	8	35	at	at	ADP
economy-1580	8	36	any	any	DET
economy-1580	8	37	level	level	NOUN
economy-1580	8	38	.	.	PUNCT
economy-1580	9	1	the	the	DET
economy-1580	9	2	results	result	NOUN
economy-1580	9	3	of	of	ADP
economy-1580	9	4	the	the	DET
economy-1580	9	5	ecm	ecm	NOUN
economy-1580	9	6	suggested	suggest	VERB
economy-1580	9	7	that	that	SCONJ
economy-1580	9	8	stock	stock	NOUN
economy-1580	9	9	market	market	NOUN
economy-1580	9	10	liquidity	liquidity	NOUN
economy-1580	9	11	was	be	AUX
economy-1580	9	12	affected	affect	VERB
economy-1580	9	13	by	by	ADP
economy-1580	9	14	the	the	DET
economy-1580	9	15	interactions	interaction	NOUN
economy-1580	9	16	of	of	ADP
economy-1580	9	17	fiscal	fiscal	ADJ
economy-1580	9	18	and	and	CCONJ
economy-1580	9	19	monetary	monetary	ADJ
economy-1580	9	20	policies	policy	NOUN
economy-1580	9	21	instruments	instrument	NOUN
economy-1580	9	22	in	in	ADP
economy-1580	9	23	nigeria	nigeria	PROPN
economy-1580	9	24	.	.	PUNCT
economy-1580	10	1	consequently	consequently	ADV
economy-1580	10	2	,	,	PUNCT
economy-1580	10	3	the	the	DET
economy-1580	10	4	paper	paper	NOUN
economy-1580	10	5	concluded	conclude	VERB
economy-1580	10	6	that	that	SCONJ
economy-1580	10	7	macroeconomic	macroeconomic	ADJ
economy-1580	10	8	policies	policy	NOUN
economy-1580	10	9	that	that	PRON
economy-1580	10	10	would	would	AUX
economy-1580	10	11	enforce	enforce	VERB
economy-1580	10	12	sustainable	sustainable	ADJ
economy-1580	10	13	and	and	CCONJ
economy-1580	10	14	efficient	efficient	ADJ
economy-1580	10	15	financial	financial	ADJ
economy-1580	10	16	market	market	NOUN
economy-1580	10	17	towards	towards	ADP
economy-1580	10	18	improving	improve	VERB
economy-1580	10	19	stock	stock	NOUN
economy-1580	10	20	market	market	NOUN
economy-1580	10	21	liquidity	liquidity	NOUN
economy-1580	10	22	be	be	AUX
economy-1580	10	23	strictly	strictly	ADV
economy-1580	10	24	implemented	implement	VERB
economy-1580	10	25	.	.	PUNCT
economy-1580	11	1	keywords	keyword	NOUN
economy-1580	11	2	:	:	PUNCT
economy-1580	11	3	stock	stock	NOUN
economy-1580	11	4	market	market	NOUN
economy-1580	11	5	,	,	PUNCT
economy-1580	11	6	liquidity	liquidity	NOUN
economy-1580	11	7	,	,	PUNCT
economy-1580	11	8	turnover	turnover	NOUN
economy-1580	11	9	ratio	ratio	NOUN
economy-1580	11	10	,	,	PUNCT
economy-1580	11	11	macroeconomic	macroeconomic	ADJ
economy-1580	11	12	policies	policy	NOUN
economy-1580	11	13	,	,	PUNCT
economy-1580	11	14	fiscal	fiscal	ADJ
economy-1580	11	15	policy	policy	NOUN
economy-1580	11	16	,	,	PUNCT
economy-1580	11	17	monetary	monetary	ADJ
economy-1580	11	18	policy	policy	NOUN
economy-1580	11	19	.	.	PUNCT
economy-1580	12	1	jel	jel	PROPN
economy-1580	12	2	classification	classification	NOUN
economy-1580	12	3	:	:	PUNCT
economy-1580	12	4	c32	c32	NOUN
economy-1580	12	5	;	;	PUNCT
economy-1580	12	6	e44	e44	PROPN
economy-1580	12	7	;	;	PUNCT
economy-1580	12	8	e63	e63	PROPN
economy-1580	12	9	;	;	PUNCT
economy-1580	12	10	f42	f42	PROPN
economy-1580	12	11	;	;	PUNCT
economy-1580	12	12	g2	g2	PROPN
economy-1580	12	13	;	;	PUNCT
economy-1580	12	14	h50	h50	PROPN
economy-1580	12	15	.	.	PUNCT
economy-1580	12	16	citation	citation	PROPN
economy-1580	12	17	|	|	ADV
economy-1580	12	18	kingsley	kingsley	PROPN
economy-1580	12	19	onyekachi	onyekachi	PROPN
economy-1580	12	20	onyele	onyele	PROPN
economy-1580	12	21	;	;	PUNCT
economy-1580	12	22	eberechi	eberechi	PROPN
economy-1580	12	23	b.	b.	PROPN
economy-1580	12	24	ikwuagwu	ikwuagwu	PROPN
economy-1580	12	25	;	;	PUNCT
economy-1580	12	26	charity	charity	NOUN
economy-1580	12	27	onyekachi	onyekachi	PROPN
economy-1580	12	28	-	-	PUNCT
economy-1580	12	29	onyele	onyele	NOUN
economy-1580	12	30	(	(	PUNCT
economy-1580	12	31	2020	2020	NUM
economy-1580	12	32	)	)	PUNCT
economy-1580	12	33	.	.	PUNCT
economy-1580	13	1	macroeconomic	macroeconomic	ADJ
economy-1580	13	2	policies	policy	NOUN
economy-1580	13	3	and	and	CCONJ
economy-1580	13	4	stock	stock	NOUN
economy-1580	13	5	market	market	NOUN
economy-1580	13	6	liquidity	liquidity	NOUN
economy-1580	13	7	:	:	PUNCT
economy-1580	13	8	evidence	evidence	NOUN
economy-1580	13	9	from	from	ADP
economy-1580	13	10	nigeria	nigeria	PROPN
economy-1580	13	11	.	.	PUNCT
economy-1580	14	1	economy	economy	NOUN
economy-1580	14	2	,	,	PUNCT
economy-1580	14	3	7(1	7(1	NUM
economy-1580	14	4	):	):	PUNCT
economy-1580	14	5	2535	2535	NUM
economy-1580	14	6	.	.	PUNCT
economy-1580	15	1	history	history	NOUN
economy-1580	15	2	:	:	PUNCT
economy-1580	15	3	received	receive	VERB
economy-1580	15	4	:	:	PUNCT
economy-1580	15	5	10	10	NUM
economy-1580	15	6	february	february	NOUN
economy-1580	15	7	2020	2020	NUM
economy-1580	15	8	revised	revise	VERB
economy-1580	15	9	:	:	PUNCT
economy-1580	15	10	12	12	NUM
economy-1580	15	11	march	march	NOUN
economy-1580	15	12	2020	2020	NUM
economy-1580	15	13	accepted	accept	VERB
economy-1580	15	14	:	:	PUNCT
economy-1580	15	15	15	15	NUM
economy-1580	15	16	april	april	PROPN
economy-1580	15	17	2020	2020	NUM
economy-1580	15	18	published	publish	VERB
economy-1580	15	19	:	:	PUNCT
economy-1580	15	20	4	4	NUM
economy-1580	15	21	may	may	PROPN
economy-1580	15	22	2020	2020	NUM
economy-1580	15	23	licensed	license	VERB
economy-1580	15	24	:	:	PUNCT
economy-1580	15	25	this	this	DET
economy-1580	15	26	work	work	NOUN
economy-1580	15	27	is	be	AUX
economy-1580	15	28	licensed	license	VERB
economy-1580	15	29	under	under	ADP
economy-1580	15	30	a	a	DET
economy-1580	15	31	creative	creative	ADJ
economy-1580	15	32	commons	common	NOUN
economy-1580	15	33	attribution	attribution	NOUN
economy-1580	15	34	3.0	3.0	NUM
economy-1580	15	35	license	license	NOUN
economy-1580	15	36	publisher	publisher	NOUN
economy-1580	15	37	:	:	PUNCT
economy-1580	15	38	asian	asian	ADJ
economy-1580	15	39	online	online	PROPN
economy-1580	15	40	journal	journal	PROPN
economy-1580	15	41	publishing	publishing	NOUN
economy-1580	15	42	group	group	NOUN
economy-1580	15	43	acknowledgement	acknowledgement	NOUN
economy-1580	15	44	:	:	PUNCT
economy-1580	15	45	all	all	DET
economy-1580	15	46	authors	author	NOUN
economy-1580	15	47	contributed	contribute	VERB
economy-1580	15	48	to	to	ADP
economy-1580	15	49	the	the	DET
economy-1580	15	50	conception	conception	NOUN
economy-1580	15	51	and	and	CCONJ
economy-1580	15	52	design	design	NOUN
economy-1580	15	53	of	of	ADP
economy-1580	15	54	the	the	DET
economy-1580	15	55	study	study	NOUN
economy-1580	15	56	.	.	PUNCT
economy-1580	16	1	funding	funding	NOUN
economy-1580	16	2	:	:	PUNCT
economy-1580	16	3	this	this	DET
economy-1580	16	4	study	study	NOUN
economy-1580	16	5	received	receive	VERB
economy-1580	16	6	no	no	DET
economy-1580	16	7	specific	specific	ADJ
economy-1580	16	8	financial	financial	ADJ
economy-1580	16	9	support	support	NOUN
economy-1580	16	10	.	.	PUNCT
economy-1580	17	1	competing	compete	VERB
economy-1580	17	2	interests	interest	NOUN
economy-1580	17	3	:	:	PUNCT
economy-1580	17	4	the	the	DET
economy-1580	17	5	authors	author	NOUN
economy-1580	17	6	declare	declare	VERB
economy-1580	17	7	that	that	SCONJ
economy-1580	17	8	they	they	PRON
economy-1580	17	9	have	have	VERB
economy-1580	17	10	no	no	DET
economy-1580	17	11	conflict	conflict	NOUN
economy-1580	17	12	of	of	ADP
economy-1580	17	13	interests	interest	NOUN
economy-1580	17	14	.	.	PUNCT
economy-1580	18	1	transparency	transparency	NOUN
economy-1580	18	2	:	:	PUNCT
economy-1580	18	3	the	the	DET
economy-1580	18	4	authors	author	NOUN
economy-1580	18	5	confirm	confirm	VERB
economy-1580	18	6	that	that	SCONJ
economy-1580	18	7	the	the	DET
economy-1580	18	8	manuscript	manuscript	NOUN
economy-1580	18	9	is	be	AUX
economy-1580	18	10	an	an	DET
economy-1580	18	11	honest	honest	ADJ
economy-1580	18	12	,	,	PUNCT
economy-1580	18	13	accurate	accurate	ADJ
economy-1580	18	14	,	,	PUNCT
economy-1580	18	15	and	and	CCONJ
economy-1580	18	16	transparent	transparent	ADJ
economy-1580	18	17	account	account	NOUN
economy-1580	18	18	of	of	ADP
economy-1580	18	19	the	the	DET
economy-1580	18	20	study	study	NOUN
economy-1580	18	21	was	be	AUX
economy-1580	18	22	reported	report	VERB
economy-1580	18	23	;	;	PUNCT
economy-1580	18	24	that	that	SCONJ
economy-1580	18	25	no	no	DET
economy-1580	18	26	vital	vital	ADJ
economy-1580	18	27	features	feature	NOUN
economy-1580	18	28	of	of	ADP
economy-1580	18	29	the	the	DET
economy-1580	18	30	study	study	NOUN
economy-1580	18	31	have	have	AUX
economy-1580	18	32	been	be	AUX
economy-1580	18	33	omitted	omit	VERB
economy-1580	18	34	;	;	PUNCT
economy-1580	18	35	and	and	CCONJ
economy-1580	18	36	that	that	SCONJ
economy-1580	18	37	any	any	DET
economy-1580	18	38	discrepancies	discrepancy	NOUN
economy-1580	18	39	from	from	ADP
economy-1580	18	40	the	the	DET
economy-1580	18	41	study	study	NOUN
economy-1580	18	42	as	as	SCONJ
economy-1580	18	43	planned	plan	VERB
economy-1580	18	44	have	have	AUX
economy-1580	18	45	been	be	AUX
economy-1580	18	46	explained	explain	VERB
economy-1580	18	47	.	.	PUNCT
economy-1580	19	1	ethical	ethical	ADJ
economy-1580	19	2	:	:	PUNCT
economy-1580	19	3	this	this	DET
economy-1580	19	4	study	study	NOUN
economy-1580	19	5	follows	follow	VERB
economy-1580	19	6	all	all	DET
economy-1580	19	7	ethical	ethical	ADJ
economy-1580	19	8	practices	practice	NOUN
economy-1580	19	9	during	during	ADP
economy-1580	19	10	writing	writing	NOUN
economy-1580	19	11	.	.	PUNCT
economy-1580	20	1	contents	content	NOUN
economy-1580	20	2	1	1	NUM
economy-1580	20	3	.	.	PUNCT
economy-1580	21	1	introduction	introduction	NOUN
economy-1580	21	2	......................................................................................................................................................................................	......................................................................................................................................................................................	PUNCT
economy-1580	22	1	26	26	NUM
economy-1580	22	2	2	2	NUM
economy-1580	22	3	.	.	PUNCT
economy-1580	22	4	conceptual	conceptual	ADJ
economy-1580	22	5	framework	framework	NOUN
economy-1580	22	6	...................................................................................................................................................................	...................................................................................................................................................................	PUNCT
economy-1580	22	7	27	27	NUM
economy-1580	22	8	3	3	NUM
economy-1580	22	9	.	.	PUNCT
economy-1580	22	10	theoretical	theoretical	ADJ
economy-1580	22	11	review	review	NOUN
economy-1580	22	12	..........................................................................................................................................................................	..........................................................................................................................................................................	PUNCT
economy-1580	23	1	28	28	NUM
economy-1580	23	2	4	4	NUM
economy-1580	23	3	.	.	PUNCT
economy-1580	23	4	empirical	empirical	ADJ
economy-1580	23	5	review	review	NOUN
economy-1580	23	6	.............................................................................................................................................................................	.............................................................................................................................................................................	X
economy-1580	23	7	29	29	NUM
economy-1580	23	8	5	5	NUM
economy-1580	23	9	.	.	PUNCT
economy-1580	24	1	sources	source	NOUN
economy-1580	24	2	of	of	ADP
economy-1580	24	3	data	datum	NOUN
economy-1580	24	4	and	and	CCONJ
economy-1580	24	5	description	description	NOUN
economy-1580	24	6	of	of	ADP
economy-1580	24	7	model	model	NOUN
economy-1580	24	8	variables	variable	NOUN
economy-1580	24	9	..............................................................................................................	..............................................................................................................	PUNCT
economy-1580	25	1	29	29	NUM
economy-1580	25	2	6	6	NUM
economy-1580	25	3	.	.	PUNCT
economy-1580	25	4	model	model	PROPN
economy-1580	25	5	development	development	PROPN
economy-1580	25	6	........................................................................................................................................................................	........................................................................................................................................................................	PUNCT
economy-1580	26	1	30	30	NUM
economy-1580	26	2	7	7	NUM
economy-1580	26	3	.	.	PUNCT
economy-1580	26	4	data	datum	NOUN
economy-1580	26	5	estimation	estimation	NOUN
economy-1580	26	6	techniques	technique	NOUN
economy-1580	26	7	.........................................................................................................................................................	.........................................................................................................................................................	PUNCT
economy-1580	26	8	31	31	NUM
economy-1580	26	9	8	8	NUM
economy-1580	26	10	.	.	PUNCT
economy-1580	27	1	empirical	empirical	ADJ
economy-1580	27	2	results	result	NOUN
economy-1580	27	3	.............................................................................................................................................................................	.............................................................................................................................................................................	PUNCT
economy-1580	28	1	31	31	NUM
economy-1580	28	2	9	9	NUM
economy-1580	28	3	.	.	PUNCT
economy-1580	28	4	conclusion	conclusion	NOUN
economy-1580	28	5	and	and	CCONJ
economy-1580	28	6	policy	policy	NOUN
economy-1580	28	7	implications	implication	NOUN
economy-1580	28	8	.............................................................................................................................................	.............................................................................................................................................	PUNCT
economy-1580	29	1	34	34	NUM
economy-1580	29	2	references	reference	NOUN
economy-1580	29	3	..............................................................................................................................................................................................	..............................................................................................................................................................................................	PROPN
economy-1580	29	4	35	35	NUM
economy-1580	29	5	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.502.2020.71.25.35&domain=pdf&date_stamp=2017-01-14	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.502.2020.71.25.35&domain=pdf&date_stamp=2017-01-14	PROPN
economy-1580	29	6	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
economy-1580	29	7	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
economy-1580	29	8	http://asianonlinejournals.com/index.php/economy/article/view/1580	http://asianonlinejournals.com/index.php/economy/article/view/1580	X
economy-1580	29	9	https://orcid.org/0000-0002-4731-6139	https://orcid.org/0000-0002-4731-6139	PROPN
economy-1580	29	10	https://orcid.org/0000-0002-8086-1921	https://orcid.org/0000-0002-8086-1921	PROPN
economy-1580	29	11	https://orcid.org/0000-0002-7199-7851	https://orcid.org/0000-0002-7199-7851	PROPN
economy-1580	29	12	http://asianonlinejournals.com/index.php/economy/article/view/1580	http://asianonlinejournals.com/index.php/economy/article/view/1580	PUNCT
economy-1580	29	13	https://orcid.org/0000-0002-4731-6139	https://orcid.org/0000-0002-4731-6139	PROPN
economy-1580	29	14	https://orcid.org/0000-0002-8086-1921	https://orcid.org/0000-0002-8086-1921	PROPN
economy-1580	29	15	https://orcid.org/0000-0002-7199-7851	https://orcid.org/0000-0002-7199-7851	PROPN
economy-1580	29	16	http://asianonlinejournals.com/index.php/economy/article/view/1580	http://asianonlinejournals.com/index.php/economy/article/view/1580	PUNCT
economy-1580	29	17	https://orcid.org/0000-0002-4731-6139	https://orcid.org/0000-0002-4731-6139	PROPN
economy-1580	29	18	https://orcid.org/0000-0002-8086-1921	https://orcid.org/0000-0002-8086-1921	PROPN
economy-1580	29	19	https://orcid.org/0000-0002-7199-7851	https://orcid.org/0000-0002-7199-7851	PROPN
economy-1580	29	20	http://asianonlinejournals.com/index.php/economy/article/view/1580	http://asianonlinejournals.com/index.php/economy/article/view/1580	PUNCT
economy-1580	29	21	https://orcid.org/0000-0002-4731-6139	https://orcid.org/0000-0002-4731-6139	PROPN
economy-1580	29	22	https://orcid.org/0000-0002-8086-1921	https://orcid.org/0000-0002-8086-1921	PROPN
economy-1580	29	23	https://orcid.org/0000-0002-7199-7851	https://orcid.org/0000-0002-7199-7851	PROPN
economy-1580	29	24	http://asianonlinejournals.com/index.php/economy/article/view/1580	http://asianonlinejournals.com/index.php/economy/article/view/1580	PUNCT
economy-1580	29	25	https://orcid.org/0000-0002-4731-6139	https://orcid.org/0000-0002-4731-6139	PROPN
economy-1580	29	26	https://orcid.org/0000-0002-8086-1921	https://orcid.org/0000-0002-8086-1921	PROPN
economy-1580	29	27	https://orcid.org/0000-0002-7199-7851	https://orcid.org/0000-0002-7199-7851	PROPN
economy-1580	29	28	economy	economy	NOUN
economy-1580	29	29	,	,	PUNCT
economy-1580	29	30	2020	2020	NUM
economy-1580	29	31	,	,	PUNCT
economy-1580	29	32	7(1	7(1	NUM
economy-1580	29	33	):	):	PUNCT
economy-1580	29	34	25	25	NUM
economy-1580	29	35	-	-	SYM
economy-1580	29	36	35	35	NUM
economy-1580	29	37	26	26	NUM
economy-1580	29	38	©	©	ADP
economy-1580	29	39	2020	2020	NUM
economy-1580	29	40	by	by	ADP
economy-1580	29	41	the	the	DET
economy-1580	29	42	authors	author	NOUN
economy-1580	29	43	;	;	PUNCT
economy-1580	29	44	licensee	licensee	PROPN
economy-1580	29	45	asian	asian	ADJ
economy-1580	29	46	online	online	PROPN
economy-1580	29	47	journal	journal	PROPN
economy-1580	29	48	publishing	publishing	NOUN
economy-1580	29	49	group	group	NOUN
economy-1580	29	50	contribution	contribution	NOUN
economy-1580	29	51	of	of	ADP
economy-1580	29	52	this	this	DET
economy-1580	29	53	paper	paper	NOUN
economy-1580	29	54	to	to	ADP
economy-1580	29	55	the	the	DET
economy-1580	29	56	literature	literature	NOUN
economy-1580	29	57	this	this	DET
economy-1580	29	58	study	study	NOUN
economy-1580	29	59	contributes	contribute	VERB
economy-1580	29	60	to	to	ADP
economy-1580	29	61	prior	prior	ADJ
economy-1580	29	62	studies	study	NOUN
economy-1580	29	63	by	by	ADP
economy-1580	29	64	showing	show	VERB
economy-1580	29	65	that	that	SCONJ
economy-1580	29	66	fiscal	fiscal	ADJ
economy-1580	29	67	-	-	PUNCT
economy-1580	29	68	monetary	monetary	ADJ
economy-1580	29	69	policy	policy	NOUN
economy-1580	29	70	interactions	interaction	NOUN
economy-1580	29	71	affect	affect	VERB
economy-1580	29	72	financial	financial	ADJ
economy-1580	29	73	market	market	NOUN
economy-1580	29	74	liquidity	liquidity	NOUN
economy-1580	29	75	in	in	ADP
economy-1580	29	76	nigeria	nigeria	PROPN
economy-1580	29	77	for	for	ADP
economy-1580	29	78	the	the	DET
economy-1580	29	79	period	period	NOUN
economy-1580	29	80	1986	1986	NUM
economy-1580	29	81	-	-	SYM
economy-1580	29	82	2018	2018	NUM
economy-1580	29	83	.	.	PUNCT
economy-1580	30	1	1	1	X
economy-1580	30	2	.	.	X
economy-1580	30	3	introduction	introduction	NOUN
economy-1580	30	4	an	an	DET
economy-1580	30	5	economic	economic	ADJ
economy-1580	30	6	environment	environment	NOUN
economy-1580	30	7	that	that	PRON
economy-1580	30	8	is	be	AUX
economy-1580	30	9	poorly	poorly	ADV
economy-1580	30	10	managed	manage	VERB
economy-1580	30	11	is	be	AUX
economy-1580	30	12	bound	bind	VERB
economy-1580	30	13	to	to	PART
economy-1580	30	14	deplete	deplete	VERB
economy-1580	30	15	financial	financial	ADJ
economy-1580	30	16	market	market	NOUN
economy-1580	30	17	activities	activity	NOUN
economy-1580	30	18	(	(	PUNCT
economy-1580	30	19	nasir	nasir	PROPN
economy-1580	30	20	,	,	PUNCT
economy-1580	30	21	soliman	soliman	PROPN
economy-1580	30	22	,	,	PUNCT
economy-1580	30	23	yago	yago	PROPN
economy-1580	30	24	,	,	PUNCT
economy-1580	30	25	&	&	CCONJ
economy-1580	30	26	wu	wu	PROPN
economy-1580	30	27	,	,	PUNCT
economy-1580	30	28	2016	2016	NUM
economy-1580	30	29	)	)	PUNCT
economy-1580	30	30	.	.	PUNCT
economy-1580	31	1	unfortunately	unfortunately	ADV
economy-1580	31	2	,	,	PUNCT
economy-1580	31	3	the	the	DET
economy-1580	31	4	nigerian	nigerian	ADJ
economy-1580	31	5	economy	economy	NOUN
economy-1580	31	6	has	have	AUX
economy-1580	31	7	been	be	AUX
economy-1580	31	8	grouped	group	VERB
economy-1580	31	9	among	among	ADP
economy-1580	31	10	the	the	DET
economy-1580	31	11	most	most	ADV
economy-1580	31	12	volatile	volatile	ADJ
economy-1580	31	13	economies	economy	NOUN
economy-1580	31	14	in	in	ADP
economy-1580	31	15	recent	recent	ADJ
economy-1580	31	16	days	day	NOUN
economy-1580	31	17	due	due	ADP
economy-1580	31	18	to	to	ADP
economy-1580	31	19	lapses	lapse	NOUN
economy-1580	31	20	in	in	ADP
economy-1580	31	21	macroeconomic	macroeconomic	ADJ
economy-1580	31	22	policies	policy	NOUN
economy-1580	31	23	,	,	PUNCT
economy-1580	31	24	leading	lead	VERB
economy-1580	31	25	to	to	ADP
economy-1580	31	26	a	a	DET
economy-1580	31	27	breakdown	breakdown	NOUN
economy-1580	31	28	in	in	ADP
economy-1580	31	29	economic	economic	ADJ
economy-1580	31	30	activities	activity	NOUN
economy-1580	31	31	in	in	ADP
economy-1580	31	32	recent	recent	ADJ
economy-1580	31	33	years	year	NOUN
economy-1580	31	34	.	.	PUNCT
economy-1580	32	1	these	these	DET
economy-1580	32	2	economic	economic	ADJ
economy-1580	32	3	problems	problem	NOUN
economy-1580	32	4	have	have	AUX
economy-1580	32	5	led	lead	VERB
economy-1580	32	6	to	to	ADP
economy-1580	32	7	severe	severe	ADJ
economy-1580	32	8	liquidity	liquidity	NOUN
economy-1580	32	9	squeeze	squeeze	NOUN
economy-1580	32	10	and	and	CCONJ
economy-1580	32	11	credit	credit	NOUN
economy-1580	32	12	crunch	crunch	NOUN
economy-1580	32	13	in	in	ADP
economy-1580	32	14	the	the	DET
economy-1580	32	15	nigerian	nigerian	ADJ
economy-1580	32	16	financial	financial	ADJ
economy-1580	32	17	system	system	NOUN
economy-1580	32	18	.	.	PUNCT
economy-1580	33	1	consequently	consequently	ADV
economy-1580	33	2	,	,	PUNCT
economy-1580	33	3	as	as	ADP
economy-1580	33	4	a	a	DET
economy-1580	33	5	prominent	prominent	ADJ
economy-1580	33	6	component	component	NOUN
economy-1580	33	7	of	of	ADP
economy-1580	33	8	the	the	DET
economy-1580	33	9	financial	financial	ADJ
economy-1580	33	10	system	system	NOUN
economy-1580	33	11	,	,	PUNCT
economy-1580	33	12	the	the	DET
economy-1580	33	13	nigerian	nigerian	ADJ
economy-1580	33	14	stock	stock	NOUN
economy-1580	33	15	market	market	NOUN
economy-1580	33	16	has	have	AUX
economy-1580	33	17	underperformed	underperform	VERB
economy-1580	33	18	due	due	ADP
economy-1580	33	19	to	to	ADP
economy-1580	33	20	its	its	PRON
economy-1580	33	21	susceptibility	susceptibility	NOUN
economy-1580	33	22	to	to	ADP
economy-1580	33	23	economic	economic	ADJ
economy-1580	33	24	upheavals	upheaval	NOUN
economy-1580	33	25	resulting	result	VERB
economy-1580	33	26	from	from	ADP
economy-1580	33	27	poor	poor	ADJ
economy-1580	33	28	economic	economic	ADJ
economy-1580	33	29	policies	policy	NOUN
economy-1580	33	30	such	such	ADJ
economy-1580	33	31	as	as	ADP
economy-1580	33	32	,	,	PUNCT
economy-1580	33	33	fiscal	fiscal	ADJ
economy-1580	33	34	and	and	CCONJ
economy-1580	33	35	monetary	monetary	ADJ
economy-1580	33	36	policies	policy	NOUN
economy-1580	33	37	(	(	PUNCT
economy-1580	33	38	nwaogwugwu	nwaogwugwu	ADV
economy-1580	33	39	,	,	PUNCT
economy-1580	33	40	2018	2018	NUM
economy-1580	33	41	)	)	PUNCT
economy-1580	33	42	.	.	PUNCT
economy-1580	34	1	in	in	ADP
economy-1580	34	2	recent	recent	ADJ
economy-1580	34	3	years	year	NOUN
economy-1580	34	4	,	,	PUNCT
economy-1580	34	5	due	due	ADP
economy-1580	34	6	to	to	ADP
economy-1580	34	7	laggard	laggard	ADJ
economy-1580	34	8	implementation	implementation	NOUN
economy-1580	34	9	of	of	ADP
economy-1580	34	10	fiscal	fiscal	ADJ
economy-1580	34	11	and	and	CCONJ
economy-1580	34	12	monetary	monetary	ADJ
economy-1580	34	13	policies	policy	NOUN
economy-1580	34	14	to	to	PART
economy-1580	34	15	cushion	cushion	VERB
economy-1580	34	16	economic	economic	ADJ
economy-1580	34	17	vagaries	vagary	NOUN
economy-1580	34	18	,	,	PUNCT
economy-1580	34	19	the	the	DET
economy-1580	34	20	nigerian	nigerian	ADJ
economy-1580	34	21	stock	stock	NOUN
economy-1580	34	22	market	market	NOUN
economy-1580	34	23	have	have	AUX
economy-1580	34	24	been	be	AUX
economy-1580	34	25	plagued	plague	VERB
economy-1580	34	26	with	with	ADP
economy-1580	34	27	global	global	ADJ
economy-1580	34	28	financial	financial	ADJ
economy-1580	34	29	crisis	crisis	NOUN
economy-1580	34	30	and	and	CCONJ
economy-1580	34	31	economic	economic	ADJ
economy-1580	34	32	recession	recession	NOUN
economy-1580	34	33	of	of	ADP
economy-1580	34	34	2008/2009	2008/2009	NUM
economy-1580	34	35	and	and	CCONJ
economy-1580	34	36	2016	2016	NUM
economy-1580	34	37	respectively	respectively	ADV
economy-1580	34	38	.	.	PUNCT
economy-1580	35	1	also	also	ADV
economy-1580	35	2	,	,	PUNCT
economy-1580	35	3	the	the	DET
economy-1580	35	4	lack	lack	NOUN
economy-1580	35	5	of	of	ADP
economy-1580	35	6	vibrant	vibrant	ADJ
economy-1580	35	7	fiscal	fiscal	ADJ
economy-1580	35	8	and	and	CCONJ
economy-1580	35	9	monetary	monetary	ADJ
economy-1580	35	10	policies	policy	NOUN
economy-1580	35	11	to	to	PART
economy-1580	35	12	shield	shield	VERB
economy-1580	35	13	the	the	DET
economy-1580	35	14	nigerian	nigerian	ADJ
economy-1580	35	15	stock	stock	NOUN
economy-1580	35	16	market	market	NOUN
economy-1580	35	17	from	from	ADP
economy-1580	35	18	the	the	DET
economy-1580	35	19	adverse	adverse	ADJ
economy-1580	35	20	effects	effect	NOUN
economy-1580	35	21	of	of	ADP
economy-1580	35	22	economic	economic	ADJ
economy-1580	35	23	crisis	crisis	NOUN
economy-1580	35	24	has	have	AUX
economy-1580	35	25	led	lead	VERB
economy-1580	35	26	to	to	ADP
economy-1580	35	27	downward	downward	ADJ
economy-1580	35	28	trend	trend	NOUN
economy-1580	35	29	in	in	ADP
economy-1580	35	30	key	key	ADJ
economy-1580	35	31	performance	performance	NOUN
economy-1580	35	32	parameters	parameter	NOUN
economy-1580	35	33	of	of	ADP
economy-1580	35	34	the	the	DET
economy-1580	35	35	market	market	NOUN
economy-1580	35	36	as	as	SCONJ
economy-1580	35	37	displayed	display	VERB
economy-1580	35	38	in	in	ADP
economy-1580	35	39	figure	figure	NOUN
economy-1580	35	40	1	1	NUM
economy-1580	35	41	.	.	PUNCT
economy-1580	36	1	the	the	DET
economy-1580	36	2	figure	figure	NOUN
economy-1580	36	3	shows	show	VERB
economy-1580	36	4	that	that	SCONJ
economy-1580	36	5	during	during	ADP
economy-1580	36	6	the	the	DET
economy-1580	36	7	global	global	ADJ
economy-1580	36	8	financial	financial	ADJ
economy-1580	36	9	crisis	crisis	NOUN
economy-1580	36	10	(	(	PUNCT
economy-1580	36	11	2008/2009	2008/2009	NUM
economy-1580	36	12	precisely	precisely	ADV
economy-1580	36	13	)	)	PUNCT
economy-1580	36	14	,	,	PUNCT
economy-1580	36	15	market	market	NOUN
economy-1580	36	16	capitalization	capitalization	NOUN
economy-1580	36	17	which	which	PRON
economy-1580	36	18	had	have	AUX
economy-1580	36	19	leapfrogged	leapfrog	VERB
economy-1580	36	20	from	from	ADP
economy-1580	36	21	₦	₦	PROPN
economy-1580	36	22	5,120.90	5,120.90	NUM
economy-1580	36	23	billion	billion	NUM
economy-1580	36	24	in	in	ADP
economy-1580	36	25	2006	2006	NUM
economy-1580	36	26	to	to	ADP
economy-1580	36	27	₦	₦	PROPN
economy-1580	36	28	13,181.69	13,181.69	NUM
economy-1580	36	29	billion	billion	NUM
economy-1580	36	30	in	in	ADP
economy-1580	36	31	2007	2007	NUM
economy-1580	36	32	dropped	drop	VERB
economy-1580	36	33	persistently	persistently	ADV
economy-1580	36	34	to	to	ADP
economy-1580	36	35	₦	₦	SYM
economy-1580	36	36	7,030.84	7,030.84	NUM
economy-1580	36	37	billion	billion	NUM
economy-1580	36	38	in	in	ADP
economy-1580	36	39	2009	2009	NUM
economy-1580	36	40	,	,	PUNCT
economy-1580	36	41	while	while	SCONJ
economy-1580	36	42	all	all	DET
economy-1580	36	43	share	share	NOUN
economy-1580	36	44	index	index	NOUN
economy-1580	36	45	which	which	PRON
economy-1580	36	46	had	have	AUX
economy-1580	36	47	accelerated	accelerate	VERB
economy-1580	36	48	from	from	ADP
economy-1580	36	49	33,189.30	33,189.30	NUM
economy-1580	36	50	points	point	NOUN
economy-1580	36	51	in	in	ADP
economy-1580	36	52	2006	2006	NUM
economy-1580	36	53	to	to	ADP
economy-1580	36	54	57,990.20	57,990.20	NUM
economy-1580	36	55	points	point	NOUN
economy-1580	36	56	in	in	ADP
economy-1580	36	57	2007	2007	NUM
economy-1580	36	58	dropped	drop	VERB
economy-1580	36	59	to	to	ADP
economy-1580	36	60	20,827.17	20,827.17	NUM
economy-1580	36	61	points	point	NOUN
economy-1580	36	62	in	in	ADP
economy-1580	36	63	2009	2009	NUM
economy-1580	36	64	.	.	PUNCT
economy-1580	37	1	likewise	likewise	ADV
economy-1580	37	2	,	,	PUNCT
economy-1580	37	3	due	due	ADP
economy-1580	37	4	to	to	ADP
economy-1580	37	5	the	the	DET
economy-1580	37	6	adverse	adverse	ADJ
economy-1580	37	7	effects	effect	NOUN
economy-1580	37	8	of	of	ADP
economy-1580	37	9	economic	economic	ADJ
economy-1580	37	10	recession	recession	NOUN
economy-1580	37	11	witnessed	witness	VERB
economy-1580	37	12	in	in	ADP
economy-1580	37	13	2016	2016	NUM
economy-1580	37	14	,	,	PUNCT
economy-1580	37	15	market	market	NOUN
economy-1580	37	16	capitalization	capitalization	NOUN
economy-1580	37	17	fell	fall	VERB
economy-1580	37	18	from	from	ADP
economy-1580	37	19	₦	₦	PROPN
economy-1580	37	20	17,003.39	17,003.39	NUM
economy-1580	37	21	billion	billion	NUM
economy-1580	37	22	to	to	ADP
economy-1580	37	23	₦	₦	PROPN
economy-1580	37	24	17,003.39	17,003.39	NUM
economy-1580	37	25	billion	billion	NUM
economy-1580	37	26	in	in	ADP
economy-1580	37	27	2015	2015	NUM
economy-1580	37	28	to	to	ADP
economy-1580	37	29	₦	₦	PROPN
economy-1580	37	30	16,185.73	16,185.73	NUM
economy-1580	37	31	billion	billion	NUM
economy-1580	37	32	in	in	ADP
economy-1580	37	33	2016	2016	NUM
economy-1580	37	34	as	as	SCONJ
economy-1580	37	35	the	the	DET
economy-1580	37	36	all	all	DET
economy-1580	37	37	share	share	NOUN
economy-1580	37	38	index	index	NOUN
economy-1580	37	39	crashed	crash	VERB
economy-1580	37	40	from	from	ADP
economy-1580	37	41	28,642.25	28,642.25	NUM
economy-1580	37	42	points	point	NOUN
economy-1580	37	43	in	in	ADP
economy-1580	37	44	2015	2015	NUM
economy-1580	37	45	to	to	ADP
economy-1580	37	46	26,874.62	26,874.62	NUM
economy-1580	37	47	points	point	NOUN
economy-1580	37	48	.	.	PUNCT
economy-1580	38	1	as	as	ADP
economy-1580	38	2	a	a	DET
economy-1580	38	3	result	result	NOUN
economy-1580	38	4	,	,	PUNCT
economy-1580	38	5	empirical	empirical	ADJ
economy-1580	38	6	inquiry	inquiry	NOUN
economy-1580	38	7	into	into	ADP
economy-1580	38	8	the	the	DET
economy-1580	38	9	relative	relative	ADJ
economy-1580	38	10	role	role	NOUN
economy-1580	38	11	of	of	ADP
economy-1580	38	12	fiscal	fiscal	ADJ
economy-1580	38	13	and	and	CCONJ
economy-1580	38	14	monetary	monetary	ADJ
economy-1580	38	15	policies	policy	NOUN
economy-1580	38	16	in	in	ADP
economy-1580	38	17	enhancing	enhance	VERB
economy-1580	38	18	stock	stock	NOUN
economy-1580	38	19	market	market	NOUN
economy-1580	38	20	activities	activity	NOUN
economy-1580	38	21	in	in	ADP
economy-1580	38	22	nigeria	nigeria	PROPN
economy-1580	38	23	has	have	AUX
economy-1580	38	24	remained	remain	VERB
economy-1580	38	25	an	an	DET
economy-1580	38	26	enduring	endure	VERB
economy-1580	38	27	issue	issue	NOUN
economy-1580	38	28	.	.	PUNCT
economy-1580	39	1	figure-1	figure-1	NOUN
economy-1580	39	2	.	.	PUNCT
economy-1580	39	3	trend	trend	NOUN
economy-1580	39	4	analysis	analysis	NOUN
economy-1580	39	5	of	of	ADP
economy-1580	39	6	all	all	DET
economy-1580	39	7	share	share	NOUN
economy-1580	39	8	index	index	NOUN
economy-1580	39	9	and	and	CCONJ
economy-1580	39	10	market	market	NOUN
economy-1580	39	11	capitalization	capitalization	NOUN
economy-1580	39	12	in	in	ADP
economy-1580	39	13	nigeria	nigeria	PROPN
economy-1580	39	14	.	.	PUNCT
economy-1580	40	1	source	source	NOUN
economy-1580	40	2	:	:	PUNCT
economy-1580	40	3	central	central	ADJ
economy-1580	40	4	bank	bank	PROPN
economy-1580	40	5	of	of	ADP
economy-1580	40	6	nigeria	nigeria	PROPN
economy-1580	40	7	statistical	statistical	ADJ
economy-1580	40	8	bulletin	bulletin	NOUN
economy-1580	40	9	,	,	PUNCT
economy-1580	40	10	vol	vol	NOUN
economy-1580	40	11	.	.	PROPN
economy-1580	40	12	29	29	NUM
economy-1580	40	13	,	,	PUNCT
economy-1580	40	14	2018	2018	NUM
economy-1580	40	15	.	.	PUNCT
economy-1580	41	1	the	the	DET
economy-1580	41	2	core	core	NOUN
economy-1580	41	3	objective	objective	NOUN
economy-1580	41	4	of	of	ADP
economy-1580	41	5	monetary	monetary	ADJ
economy-1580	41	6	and	and	CCONJ
economy-1580	41	7	fiscal	fiscal	ADJ
economy-1580	41	8	policies	policy	NOUN
economy-1580	41	9	is	be	AUX
economy-1580	41	10	the	the	DET
economy-1580	41	11	maintenance	maintenance	NOUN
economy-1580	41	12	of	of	ADP
economy-1580	41	13	economic	economic	ADJ
economy-1580	41	14	and	and	CCONJ
economy-1580	41	15	financial	financial	ADJ
economy-1580	41	16	stability	stability	NOUN
economy-1580	41	17	.	.	PUNCT
economy-1580	42	1	achieving	achieve	VERB
economy-1580	42	2	these	these	DET
economy-1580	42	3	objectives	objective	NOUN
economy-1580	42	4	is	be	AUX
economy-1580	42	5	dependent	dependent	ADJ
economy-1580	42	6	on	on	ADP
economy-1580	42	7	the	the	DET
economy-1580	42	8	effectiveness	effectiveness	NOUN
economy-1580	42	9	of	of	ADP
economy-1580	42	10	monetary	monetary	ADJ
economy-1580	42	11	and	and	CCONJ
economy-1580	42	12	fiscal	fiscal	ADJ
economy-1580	42	13	policies	policy	NOUN
economy-1580	42	14	coordination	coordination	NOUN
economy-1580	42	15	.	.	PUNCT
economy-1580	43	1	fiscal	fiscal	ADJ
economy-1580	43	2	policy	policy	NOUN
economy-1580	43	3	encapsulates	encapsulate	VERB
economy-1580	43	4	government	government	NOUN
economy-1580	43	5	revenue	revenue	NOUN
economy-1580	43	6	collection	collection	NOUN
economy-1580	43	7	(	(	PUNCT
economy-1580	43	8	through	through	ADP
economy-1580	43	9	taxes	taxis	NOUN
economy-1580	43	10	)	)	PUNCT
economy-1580	43	11	and	and	CCONJ
economy-1580	43	12	spending	spending	NOUN
economy-1580	43	13	decisions	decision	NOUN
economy-1580	43	14	,	,	PUNCT
economy-1580	43	15	while	while	SCONJ
economy-1580	43	16	monetary	monetary	ADJ
economy-1580	43	17	policy	policy	NOUN
economy-1580	43	18	is	be	AUX
economy-1580	43	19	related	relate	VERB
economy-1580	43	20	to	to	ADP
economy-1580	43	21	those	those	DET
economy-1580	43	22	decision	decision	NOUN
economy-1580	43	23	on	on	ADP
economy-1580	43	24	money	money	NOUN
economy-1580	43	25	supply	supply	NOUN
economy-1580	43	26	and	and	CCONJ
economy-1580	43	27	interest	interest	NOUN
economy-1580	43	28	rate	rate	NOUN
economy-1580	43	29	in	in	ADP
economy-1580	43	30	an	an	DET
economy-1580	43	31	economy	economy	NOUN
economy-1580	43	32	.	.	PUNCT
economy-1580	44	1	the	the	DET
economy-1580	44	2	overriding	override	VERB
economy-1580	44	3	objective	objective	NOUN
economy-1580	44	4	of	of	ADP
economy-1580	44	5	fiscal	fiscal	ADJ
economy-1580	44	6	policy	policy	NOUN
economy-1580	44	7	is	be	AUX
economy-1580	44	8	to	to	PART
economy-1580	44	9	mitigate	mitigate	VERB
economy-1580	44	10	unemployment	unemployment	NOUN
economy-1580	44	11	rate	rate	NOUN
economy-1580	44	12	by	by	ADP
economy-1580	44	13	creating	create	VERB
economy-1580	44	14	an	an	DET
economy-1580	44	15	investment	investment	NOUN
economy-1580	44	16	friendly	friendly	ADJ
economy-1580	44	17	economy	economy	NOUN
economy-1580	44	18	where	where	SCONJ
economy-1580	44	19	available	available	ADJ
economy-1580	44	20	resources	resource	NOUN
economy-1580	44	21	are	be	AUX
economy-1580	44	22	gainfully	gainfully	ADV
economy-1580	44	23	utilized	utilize	VERB
economy-1580	44	24	for	for	ADP
economy-1580	44	25	more	more	ADJ
economy-1580	44	26	productivity	productivity	NOUN
economy-1580	44	27	.	.	PUNCT
economy-1580	45	1	regarding	regard	VERB
economy-1580	45	2	monetary	monetary	ADJ
economy-1580	45	3	policy	policy	NOUN
economy-1580	45	4	,	,	PUNCT
economy-1580	45	5	the	the	DET
economy-1580	45	6	all	all	ADV
economy-1580	45	7	-	-	PUNCT
economy-1580	45	8	important	important	ADJ
economy-1580	45	9	objective	objective	NOUN
economy-1580	45	10	is	be	AUX
economy-1580	45	11	the	the	DET
economy-1580	45	12	maintenance	maintenance	NOUN
economy-1580	45	13	of	of	ADP
economy-1580	45	14	price	price	NOUN
economy-1580	45	15	and	and	CCONJ
economy-1580	45	16	exchange	exchange	NOUN
economy-1580	45	17	rate	rate	NOUN
economy-1580	45	18	stability	stability	NOUN
economy-1580	45	19	by	by	ADP
economy-1580	45	20	ensuring	ensure	VERB
economy-1580	45	21	that	that	SCONJ
economy-1580	45	22	quantity	quantity	NOUN
economy-1580	45	23	of	of	ADP
economy-1580	45	24	money	money	NOUN
economy-1580	45	25	supply	supply	NOUN
economy-1580	45	26	is	be	AUX
economy-1580	45	27	as	as	SCONJ
economy-1580	45	28	prescribed	prescribe	VERB
economy-1580	45	29	by	by	ADP
economy-1580	45	30	the	the	DET
economy-1580	45	31	monetary	monetary	ADJ
economy-1580	45	32	authorities	authority	NOUN
economy-1580	45	33	.	.	PUNCT
economy-1580	46	1	hence	hence	ADV
economy-1580	46	2	,	,	PUNCT
economy-1580	46	3	it	it	PRON
economy-1580	46	4	can	can	AUX
economy-1580	46	5	be	be	AUX
economy-1580	46	6	seen	see	VERB
economy-1580	46	7	that	that	SCONJ
economy-1580	46	8	the	the	DET
economy-1580	46	9	ultimate	ultimate	ADJ
economy-1580	46	10	goal	goal	NOUN
economy-1580	46	11	of	of	ADP
economy-1580	46	12	both	both	DET
economy-1580	46	13	policies	policy	NOUN
economy-1580	46	14	is	be	AUX
economy-1580	46	15	to	to	PART
economy-1580	46	16	ensure	ensure	VERB
economy-1580	46	17	macroeconomic	macroeconomic	ADJ
economy-1580	46	18	stability	stability	NOUN
economy-1580	46	19	which	which	PRON
economy-1580	46	20	is	be	AUX
economy-1580	46	21	required	require	VERB
economy-1580	46	22	for	for	ADP
economy-1580	46	23	repositioning	reposition	VERB
economy-1580	46	24	financial	financial	ADJ
economy-1580	46	25	markets	market	NOUN
economy-1580	46	26	on	on	ADP
economy-1580	46	27	a	a	DET
economy-1580	46	28	sustainable	sustainable	ADJ
economy-1580	46	29	growth	growth	NOUN
economy-1580	46	30	trajectory	trajectory	NOUN
economy-1580	46	31	(	(	PUNCT
economy-1580	46	32	hsing	hsing	NOUN
economy-1580	46	33	,	,	PUNCT
economy-1580	46	34	2013	2013	NUM
economy-1580	46	35	)	)	PUNCT
economy-1580	46	36	.	.	PUNCT
economy-1580	47	1	for	for	ADP
economy-1580	47	2	instance	instance	NOUN
economy-1580	47	3	,	,	PUNCT
economy-1580	47	4	higher	high	ADJ
economy-1580	47	5	tax	tax	NOUN
economy-1580	47	6	collection	collection	NOUN
economy-1580	47	7	(	(	PUNCT
economy-1580	47	8	with	with	ADP
economy-1580	47	9	government	government	NOUN
economy-1580	47	10	expenditures	expenditure	NOUN
economy-1580	47	11	remaining	remain	VERB
economy-1580	47	12	constant	constant	ADJ
economy-1580	47	13	)	)	PUNCT
economy-1580	47	14	depletes	deplete	VERB
economy-1580	47	15	expected	expect	VERB
economy-1580	47	16	return	return	NOUN
economy-1580	47	17	of	of	ADP
economy-1580	47	18	financial	financial	ADJ
economy-1580	47	19	assets	asset	NOUN
economy-1580	47	20	which	which	PRON
economy-1580	47	21	eventually	eventually	ADV
economy-1580	47	22	deter	deter	VERB
economy-1580	47	23	stock	stock	NOUN
economy-1580	47	24	market	market	NOUN
economy-1580	47	25	liquidity	liquidity	NOUN
economy-1580	47	26	(	(	PUNCT
economy-1580	47	27	onoh	onoh	PROPN
economy-1580	47	28	,	,	PUNCT
economy-1580	47	29	2016	2016	NUM
economy-1580	47	30	)	)	PUNCT
economy-1580	47	31	.	.	PUNCT
economy-1580	48	1	on	on	ADP
economy-1580	48	2	the	the	DET
economy-1580	48	3	other	other	ADJ
economy-1580	48	4	hand	hand	NOUN
economy-1580	48	5	,	,	PUNCT
economy-1580	48	6	increase	increase	VERB
economy-1580	48	7	in	in	ADP
economy-1580	48	8	public	public	ADJ
economy-1580	48	9	debt	debt	NOUN
economy-1580	48	10	due	due	ADP
economy-1580	48	11	to	to	ADP
economy-1580	48	12	budget	budget	NOUN
economy-1580	48	13	deficit	deficit	NOUN
economy-1580	48	14	causes	cause	VERB
economy-1580	48	15	surge	surge	NOUN
economy-1580	48	16	in	in	ADP
economy-1580	48	17	short	short	ADJ
economy-1580	48	18	-	-	PUNCT
economy-1580	48	19	term	term	NOUN
economy-1580	48	20	interest	interest	NOUN
economy-1580	48	21	rate	rate	NOUN
economy-1580	48	22	which	which	PRON
economy-1580	48	23	,	,	PUNCT
economy-1580	48	24	in	in	ADP
economy-1580	48	25	turn	turn	NOUN
economy-1580	48	26	,	,	PUNCT
economy-1580	48	27	reduces	reduce	VERB
economy-1580	48	28	the	the	DET
economy-1580	48	29	value	value	NOUN
economy-1580	48	30	of	of	ADP
economy-1580	48	31	discounted	discount	VERB
economy-1580	48	32	cash	cash	NOUN
economy-1580	48	33	flow	flow	NOUN
economy-1580	48	34	from	from	ADP
economy-1580	48	35	a	a	DET
economy-1580	48	36	financial	financial	ADJ
economy-1580	48	37	asset	asset	NOUN
economy-1580	48	38	(	(	PUNCT
economy-1580	48	39	like	like	ADP
economy-1580	48	40	a	a	DET
economy-1580	48	41	share	share	NOUN
economy-1580	48	42	)	)	PUNCT
economy-1580	48	43	and	and	CCONJ
economy-1580	48	44	then	then	ADV
economy-1580	48	45	signals	signal	VERB
economy-1580	48	46	a	a	DET
economy-1580	48	47	decrement	decrement	NOUN
economy-1580	48	48	in	in	ADP
economy-1580	48	49	stock	stock	NOUN
economy-1580	48	50	market	market	NOUN
economy-1580	48	51	liquidity	liquidity	NOUN
economy-1580	48	52	(	(	PUNCT
economy-1580	48	53	ernest	ernest	PROPN
economy-1580	48	54	,	,	PUNCT
economy-1580	48	55	2011	2011	NUM
economy-1580	48	56	)	)	PUNCT
economy-1580	48	57	.	.	PUNCT
economy-1580	49	1	since	since	SCONJ
economy-1580	49	2	fiscal	fiscal	ADJ
economy-1580	49	3	activities	activity	NOUN
economy-1580	49	4	could	could	AUX
economy-1580	49	5	influence	influence	VERB
economy-1580	49	6	interest	interest	NOUN
economy-1580	49	7	rates	rate	NOUN
economy-1580	49	8	,	,	PUNCT
economy-1580	49	9	monetary	monetary	ADJ
economy-1580	49	10	authorities	authority	NOUN
economy-1580	49	11	’	’	PART
economy-1580	49	12	interventions	intervention	NOUN
economy-1580	49	13	to	to	PART
economy-1580	49	14	moderate	moderate	ADJ
economy-1580	49	15	interest	interest	NOUN
economy-1580	49	16	rate	rate	NOUN
economy-1580	49	17	creates	create	VERB
economy-1580	49	18	an	an	DET
economy-1580	49	19	interaction	interaction	NOUN
economy-1580	49	20	mechanism	mechanism	NOUN
economy-1580	49	21	between	between	ADP
economy-1580	49	22	monetary	monetary	ADJ
economy-1580	49	23	and	and	CCONJ
economy-1580	49	24	fiscal	fiscal	ADJ
economy-1580	49	25	policies	policy	NOUN
economy-1580	49	26	(	(	PUNCT
economy-1580	49	27	isola	isola	PROPN
economy-1580	49	28	,	,	PUNCT
economy-1580	49	29	somoye	somoye	NOUN
economy-1580	49	30	,	,	PUNCT
economy-1580	49	31	babajide	babajide	ADJ
economy-1580	49	32	,	,	PUNCT
economy-1580	49	33	&	&	CCONJ
economy-1580	49	34	nwanji	nwanji	PROPN
economy-1580	49	35	,	,	PUNCT
economy-1580	49	36	2018	2018	NUM
economy-1580	49	37	)	)	PUNCT
economy-1580	49	38	.	.	PUNCT
economy-1580	50	1	this	this	DET
economy-1580	50	2	paper	paper	NOUN
economy-1580	50	3	focused	focus	VERB
economy-1580	50	4	on	on	ADP
economy-1580	50	5	the	the	DET
economy-1580	50	6	stock	stock	NOUN
economy-1580	50	7	market	market	NOUN
economy-1580	50	8	amidst	amidst	ADP
economy-1580	50	9	other	other	ADJ
economy-1580	50	10	segments	segment	NOUN
economy-1580	50	11	of	of	ADP
economy-1580	50	12	the	the	DET
economy-1580	50	13	financial	financial	ADJ
economy-1580	50	14	market	market	NOUN
economy-1580	50	15	for	for	ADP
economy-1580	50	16	several	several	ADJ
economy-1580	50	17	reasons	reason	NOUN
economy-1580	50	18	.	.	PUNCT
economy-1580	51	1	this	this	PRON
economy-1580	51	2	is	be	AUX
economy-1580	51	3	particularly	particularly	ADV
economy-1580	51	4	due	due	ADJ
economy-1580	51	5	to	to	ADP
economy-1580	51	6	the	the	DET
economy-1580	51	7	wealth	wealth	NOUN
economy-1580	51	8	effect	effect	NOUN
economy-1580	51	9	associated	associate	VERB
economy-1580	51	10	with	with	ADP
economy-1580	51	11	the	the	DET
economy-1580	51	12	stock	stock	NOUN
economy-1580	51	13	market	market	NOUN
economy-1580	51	14	(	(	PUNCT
economy-1580	51	15	see	see	VERB
economy-1580	51	16	,	,	PUNCT
economy-1580	51	17	nasir	nasir	PROPN
economy-1580	51	18	et	et	PROPN
economy-1580	51	19	al	al	PROPN
economy-1580	51	20	.	.	PROPN
economy-1580	52	1	(	(	PUNCT
economy-1580	52	2	2016	2016	NUM
economy-1580	52	3	)	)	PUNCT
economy-1580	52	4	)	)	PUNCT
economy-1580	52	5	.	.	PUNCT
economy-1580	53	1	additionally	additionally	ADV
economy-1580	53	2	,	,	PUNCT
economy-1580	53	3	bhattacharya	bhattacharya	PROPN
economy-1580	53	4	,	,	PUNCT
economy-1580	53	5	bhattacharya	bhattacharya	NOUN
economy-1580	53	6	,	,	PUNCT
economy-1580	53	7	and	and	CCONJ
economy-1580	53	8	basu	basu	PROPN
economy-1580	53	9	(	(	PUNCT
economy-1580	53	10	2019	2019	NUM
economy-1580	53	11	)	)	PUNCT
economy-1580	53	12	;	;	PUNCT
economy-1580	53	13	ellington	ellington	PROPN
economy-1580	53	14	(	(	PUNCT
economy-1580	53	15	2018	2018	NUM
economy-1580	53	16	)	)	PUNCT
economy-1580	53	17	;	;	PUNCT
economy-1580	53	18	onoh	onoh	PROPN
economy-1580	53	19	(	(	PUNCT
economy-1580	53	20	2016	2016	NUM
economy-1580	53	21	)	)	PUNCT
economy-1580	53	22	had	have	AUX
economy-1580	53	23	indicated	indicate	VERB
economy-1580	53	24	that	that	SCONJ
economy-1580	53	25	stock	stock	NOUN
economy-1580	53	26	market	market	NOUN
economy-1580	53	27	liquidity	liquidity	NOUN
economy-1580	53	28	is	be	AUX
economy-1580	53	29	an	an	DET
economy-1580	53	30	important	important	ADJ
economy-1580	53	31	indicator	indicator	NOUN
economy-1580	53	32	of	of	ADP
economy-1580	53	33	future	future	ADJ
economy-1580	53	34	outlook	outlook	NOUN
economy-1580	53	35	of	of	ADP
economy-1580	53	36	the	the	DET
economy-1580	53	37	financial	financial	ADJ
economy-1580	53	38	market	market	NOUN
economy-1580	53	39	.	.	PUNCT
economy-1580	54	1	hence	hence	ADV
economy-1580	54	2	,	,	PUNCT
economy-1580	54	3	it	it	PRON
economy-1580	54	4	is	be	AUX
economy-1580	54	5	established	establish	VERB
economy-1580	54	6	that	that	SCONJ
economy-1580	54	7	the	the	DET
economy-1580	54	8	crucial	crucial	ADJ
economy-1580	54	9	role	role	NOUN
economy-1580	54	10	of	of	ADP
economy-1580	54	11	stock	stock	NOUN
economy-1580	54	12	markets	market	NOUN
economy-1580	54	13	hinged	hinge	VERB
economy-1580	54	14	on	on	ADP
economy-1580	54	15	the	the	DET
economy-1580	54	16	liquidity	liquidity	NOUN
economy-1580	54	17	it	it	PRON
economy-1580	54	18	affords	afford	VERB
economy-1580	54	19	investors	investor	NOUN
economy-1580	54	20	who	who	PRON
economy-1580	54	21	invest	invest	VERB
economy-1580	54	22	in	in	ADP
economy-1580	54	23	stocks	stock	NOUN
economy-1580	54	24	,	,	PUNCT
economy-1580	54	25	compared	compare	VERB
economy-1580	54	26	to	to	ADP
economy-1580	54	27	less	less	ADV
economy-1580	54	28	liquid	liquid	ADJ
economy-1580	54	29	investments	investment	NOUN
economy-1580	54	30	such	such	ADJ
economy-1580	54	31	as	as	ADP
economy-1580	54	32	real	real	ADJ
economy-1580	54	33	estate	estate	NOUN
economy-1580	54	34	.	.	PUNCT
economy-1580	55	1	one	one	NUM
economy-1580	55	2	reliable	reliable	ADJ
economy-1580	55	3	measure	measure	NOUN
economy-1580	55	4	of	of	ADP
economy-1580	55	5	stock	stock	NOUN
economy-1580	55	6	market	market	NOUN
economy-1580	55	7	liquidity	liquidity	NOUN
economy-1580	55	8	is	be	AUX
economy-1580	55	9	the	the	DET
economy-1580	55	10	turnover	turnover	NOUN
economy-1580	55	11	ratio	ratio	NOUN
economy-1580	55	12	(	(	PUNCT
economy-1580	55	13	abdul	abdul	PROPN
economy-1580	55	14	-	-	PUNCT
economy-1580	55	15	khaliq	khaliq	NOUN
economy-1580	55	16	,	,	PUNCT
economy-1580	55	17	2013	2013	NUM
economy-1580	55	18	;	;	PUNCT
economy-1580	55	19	bhattacharya	bhattacharya	PROPN
economy-1580	55	20	et	et	PROPN
economy-1580	55	21	al	al	PROPN
economy-1580	55	22	.	.	PROPN
economy-1580	55	23	,	,	PUNCT
economy-1580	55	24	2019	2019	NUM
economy-1580	55	25	)	)	PUNCT
economy-1580	55	26	.	.	PUNCT
economy-1580	56	1	as	as	ADP
economy-1580	56	2	such	such	ADJ
economy-1580	56	3	,	,	PUNCT
economy-1580	56	4	a	a	DET
economy-1580	56	5	well	well	ADV
economy-1580	56	6	-	-	PUNCT
economy-1580	56	7	functioning	function	VERB
economy-1580	56	8	stock	stock	NOUN
economy-1580	56	9	market	market	NOUN
economy-1580	56	10	is	be	AUX
economy-1580	56	11	desirable	desirable	ADJ
economy-1580	56	12	when	when	SCONJ
economy-1580	56	13	the	the	DET
economy-1580	56	14	turnover	turnover	NOUN
economy-1580	56	15	ratio	ratio	NOUN
economy-1580	56	16	increases	increase	NOUN
economy-1580	56	17	;	;	PUNCT
economy-1580	56	18	the	the	PRON
economy-1580	56	19	higher	high	ADJ
economy-1580	56	20	the	the	DET
economy-1580	56	21	shares	share	NOUN
economy-1580	56	22	turnover	turnover	NOUN
economy-1580	56	23	,	,	PUNCT
economy-1580	56	24	the	the	DET
economy-1580	56	25	more	more	ADV
economy-1580	56	26	liquid	liquid	ADJ
economy-1580	56	27	company	company	NOUN
economy-1580	56	28	shares	share	NOUN
economy-1580	56	29	would	would	AUX
economy-1580	56	30	be	be	AUX
economy-1580	56	31	.	.	PUNCT
economy-1580	57	1	a	a	DET
economy-1580	57	2	liquid	liquid	ADJ
economy-1580	57	3	stock	stock	NOUN
economy-1580	57	4	market	market	NOUN
economy-1580	57	5	is	be	AUX
economy-1580	57	6	that	that	SCONJ
economy-1580	57	7	in	in	ADP
economy-1580	57	8	which	which	PRON
economy-1580	57	9	financial	financial	ADJ
economy-1580	57	10	assets	asset	NOUN
economy-1580	57	11	are	be	AUX
economy-1580	57	12	easily	easily	ADV
economy-1580	57	13	purchased	purchase	VERB
economy-1580	57	14	and	and	CCONJ
economy-1580	57	15	sold	sell	VERB
economy-1580	57	16	with	with	ADP
economy-1580	57	17	minimal	minimal	ADJ
economy-1580	57	18	loss	loss	NOUN
economy-1580	57	19	of	of	ADP
economy-1580	57	20	value	value	NOUN
economy-1580	57	21	.	.	PUNCT
economy-1580	58	1	in	in	ADP
economy-1580	58	2	general	general	ADJ
economy-1580	58	3	,	,	PUNCT
economy-1580	58	4	liquidity	liquidity	NOUN
economy-1580	58	5	entails	entail	VERB
economy-1580	58	6	the	the	DET
economy-1580	58	7	extent	extent	NOUN
economy-1580	58	8	of	of	ADP
economy-1580	58	9	trade	trade	NOUN
economy-1580	58	10	-	-	PUNCT
economy-1580	58	11	off	off	NOUN
economy-1580	58	12	existing	exist	VERB
economy-1580	58	13	between	between	ADP
economy-1580	58	14	the	the	DET
economy-1580	58	15	price	price	NOUN
economy-1580	58	16	and	and	CCONJ
economy-1580	58	17	speed	speed	NOUN
economy-1580	58	18	at	at	ADP
economy-1580	58	19	which	which	PRON
economy-1580	58	20	stocks	stock	NOUN
economy-1580	58	21	are	be	AUX
economy-1580	58	22	sold	sell	VERB
economy-1580	58	23	.	.	PUNCT
economy-1580	59	1	as	as	ADP
economy-1580	59	2	such	such	ADJ
economy-1580	59	3	,	,	PUNCT
economy-1580	59	4	a	a	DET
economy-1580	59	5	liquid	liquid	ADJ
economy-1580	59	6	market	market	NOUN
economy-1580	59	7	has	have	VERB
economy-1580	59	8	a	a	DET
economy-1580	59	9	mild	mild	ADJ
economy-1580	59	10	trade	trade	NOUN
economy-1580	59	11	-	-	PUNCT
economy-1580	59	12	off	off	NOUN
economy-1580	59	13	where	where	SCONJ
economy-1580	59	14	quick	quick	ADJ
economy-1580	59	15	selling	selling	NOUN
economy-1580	59	16	does	do	AUX
economy-1580	59	17	not	not	PART
economy-1580	59	18	cause	cause	VERB
economy-1580	59	19	much	much	ADJ
economy-1580	59	20	decline	decline	NOUN
economy-1580	59	21	in	in	ADP
economy-1580	59	22	stock	stock	NOUN
economy-1580	59	23	prices	price	NOUN
economy-1580	59	24	(	(	PUNCT
economy-1580	59	25	ellington	ellington	PROPN
economy-1580	59	26	,	,	PUNCT
economy-1580	59	27	2018	2018	NUM
economy-1580	59	28	)	)	PUNCT
economy-1580	59	29	.	.	PUNCT
economy-1580	60	1	conversely	conversely	ADV
economy-1580	60	2	,	,	PUNCT
economy-1580	60	3	in	in	ADP
economy-1580	60	4	a	a	DET
economy-1580	60	5	stock	stock	NOUN
economy-1580	60	6	market	market	NOUN
economy-1580	60	7	that	that	PRON
economy-1580	60	8	is	be	AUX
economy-1580	60	9	relatively	relatively	ADV
economy-1580	60	10	illiquid	illiquid	ADJ
economy-1580	60	11	,	,	PUNCT
economy-1580	60	12	rapid	rapid	ADJ
economy-1580	60	13	selling	selling	NOUN
economy-1580	60	14	of	of	ADP
economy-1580	60	15	financial	financial	ADJ
economy-1580	60	16	assets	asset	NOUN
economy-1580	60	17	would	would	AUX
economy-1580	60	18	require	require	VERB
economy-1580	60	19	some	some	DET
economy-1580	60	20	amount	amount	NOUN
economy-1580	60	21	of	of	ADP
economy-1580	60	22	price	price	NOUN
economy-1580	60	23	cut	cut	NOUN
economy-1580	60	24	.	.	PUNCT
economy-1580	61	1	consequently	consequently	ADV
economy-1580	61	2	,	,	PUNCT
economy-1580	61	3	adequate	adequate	ADJ
economy-1580	61	4	liquidity	liquidity	NOUN
economy-1580	61	5	activates	activate	VERB
economy-1580	61	6	efficient	efficient	ADJ
economy-1580	61	7	financial	financial	ADJ
economy-1580	61	8	intermediation	intermediation	NOUN
economy-1580	61	9	which	which	PRON
economy-1580	61	10	requires	require	VERB
economy-1580	61	11	vibrant	vibrant	ADJ
economy-1580	61	12	macroeconomic	macroeconomic	ADJ
economy-1580	61	13	economy	economy	NOUN
economy-1580	61	14	,	,	PUNCT
economy-1580	61	15	2020	2020	NUM
economy-1580	61	16	,	,	PUNCT
economy-1580	61	17	7(1	7(1	NUM
economy-1580	61	18	):	):	PUNCT
economy-1580	61	19	25	25	NUM
economy-1580	61	20	-	-	SYM
economy-1580	61	21	35	35	NUM
economy-1580	61	22	27	27	NUM
economy-1580	61	23	©	©	ADP
economy-1580	61	24	2020	2020	NUM
economy-1580	61	25	by	by	ADP
economy-1580	61	26	the	the	DET
economy-1580	61	27	authors	author	NOUN
economy-1580	61	28	;	;	PUNCT
economy-1580	61	29	licensee	licensee	PROPN
economy-1580	61	30	asian	asian	ADJ
economy-1580	61	31	online	online	PROPN
economy-1580	61	32	journal	journal	PROPN
economy-1580	61	33	publishing	publishing	NOUN
economy-1580	61	34	group	group	NOUN
economy-1580	61	35	policies	policy	NOUN
economy-1580	61	36	to	to	PART
economy-1580	61	37	be	be	AUX
economy-1580	61	38	sustained	sustain	VERB
economy-1580	61	39	.	.	PUNCT
economy-1580	62	1	since	since	SCONJ
economy-1580	62	2	liquidity	liquidity	NOUN
economy-1580	62	3	reflects	reflect	VERB
economy-1580	62	4	stock	stock	NOUN
economy-1580	62	5	market	market	NOUN
economy-1580	62	6	viability	viability	NOUN
economy-1580	62	7	,	,	PUNCT
economy-1580	62	8	several	several	ADJ
economy-1580	62	9	studies	study	NOUN
economy-1580	62	10	have	have	AUX
economy-1580	62	11	advocated	advocate	VERB
economy-1580	62	12	the	the	DET
economy-1580	62	13	use	use	NOUN
economy-1580	62	14	of	of	ADP
economy-1580	62	15	fiscal	fiscal	ADJ
economy-1580	62	16	and	and	CCONJ
economy-1580	62	17	monetary	monetary	ADJ
economy-1580	62	18	policies	policy	NOUN
economy-1580	62	19	instruments	instrument	NOUN
economy-1580	62	20	for	for	ADP
economy-1580	62	21	its	its	PRON
economy-1580	62	22	maintenance	maintenance	NOUN
economy-1580	62	23	and	and	CCONJ
economy-1580	62	24	sustenance	sustenance	NOUN
economy-1580	62	25	.	.	PUNCT
economy-1580	63	1	the	the	DET
economy-1580	63	2	pioneering	pioneering	ADJ
economy-1580	63	3	studies	study	NOUN
economy-1580	63	4	of	of	ADP
economy-1580	63	5	friedman	friedman	PROPN
economy-1580	63	6	and	and	CCONJ
economy-1580	63	7	meiselman	meiselman	NOUN
economy-1580	63	8	(	(	PUNCT
economy-1580	63	9	1963	1963	NUM
economy-1580	63	10	)	)	PUNCT
economy-1580	63	11	;	;	PUNCT
economy-1580	63	12	andersen	andersen	PROPN
economy-1580	63	13	and	and	CCONJ
economy-1580	63	14	jordan	jordan	PROPN
economy-1580	63	15	(	(	PUNCT
economy-1580	63	16	1968	1968	NUM
economy-1580	63	17	)	)	PUNCT
economy-1580	63	18	which	which	PRON
economy-1580	63	19	supported	support	VERB
economy-1580	63	20	the	the	DET
economy-1580	63	21	preference	preference	NOUN
economy-1580	63	22	of	of	ADP
economy-1580	63	23	monetary	monetary	ADJ
economy-1580	63	24	policy	policy	NOUN
economy-1580	63	25	over	over	ADP
economy-1580	63	26	fiscal	fiscal	ADJ
economy-1580	63	27	policy	policy	NOUN
economy-1580	63	28	in	in	ADP
economy-1580	63	29	the	the	DET
economy-1580	63	30	united	united	PROPN
economy-1580	63	31	states	states	PROPN
economy-1580	63	32	have	have	AUX
economy-1580	63	33	been	be	AUX
economy-1580	63	34	challenged	challenge	VERB
economy-1580	63	35	for	for	ADP
economy-1580	63	36	diverse	diverse	ADJ
economy-1580	63	37	reasons	reason	NOUN
economy-1580	63	38	by	by	ADP
economy-1580	63	39	subsequent	subsequent	ADJ
economy-1580	63	40	studies	study	NOUN
economy-1580	63	41	like	like	ADP
economy-1580	63	42	goldfeld	goldfeld	NOUN
economy-1580	63	43	and	and	CCONJ
economy-1580	63	44	blinder	blinder	NOUN
economy-1580	63	45	(	(	PUNCT
economy-1580	63	46	1972	1972	NUM
economy-1580	63	47	)	)	PUNCT
economy-1580	63	48	;	;	PUNCT
economy-1580	64	1	friedman	friedman	PROPN
economy-1580	64	2	.	.	PUNCT
economy-1580	65	1	(	(	PUNCT
economy-1580	65	2	1977	1977	NUM
economy-1580	65	3	)	)	PUNCT
economy-1580	65	4	;	;	PUNCT
economy-1580	65	5	darrat	darrat	NOUN
economy-1580	65	6	(	(	PUNCT
economy-1580	65	7	1986	1986	NUM
economy-1580	65	8	)	)	PUNCT
economy-1580	65	9	based	base	VERB
economy-1580	65	10	on	on	ADP
economy-1580	65	11	the	the	DET
economy-1580	65	12	premise	premise	NOUN
economy-1580	65	13	that	that	SCONJ
economy-1580	65	14	fiscal	fiscal	ADJ
economy-1580	65	15	policy	policy	NOUN
economy-1580	65	16	is	be	AUX
economy-1580	65	17	more	more	ADV
economy-1580	65	18	prominent	prominent	ADJ
economy-1580	65	19	than	than	ADP
economy-1580	65	20	monetary	monetary	ADJ
economy-1580	65	21	policy	policy	NOUN
economy-1580	65	22	.	.	PUNCT
economy-1580	66	1	however	however	ADV
economy-1580	66	2	,	,	PUNCT
economy-1580	66	3	this	this	PRON
economy-1580	66	4	has	have	AUX
economy-1580	66	5	not	not	PART
economy-1580	66	6	been	be	AUX
economy-1580	66	7	the	the	DET
economy-1580	66	8	case	case	NOUN
economy-1580	66	9	in	in	ADP
economy-1580	66	10	recent	recent	ADJ
economy-1580	66	11	literature	literature	NOUN
economy-1580	66	12	where	where	SCONJ
economy-1580	66	13	recent	recent	ADJ
economy-1580	66	14	empirical	empirical	ADJ
economy-1580	66	15	works	work	NOUN
economy-1580	66	16	such	such	ADJ
economy-1580	66	17	as	as	ADP
economy-1580	66	18	afonso	afonso	PROPN
economy-1580	66	19	,	,	PUNCT
economy-1580	66	20	alves	alve	NOUN
economy-1580	66	21	,	,	PUNCT
economy-1580	66	22	and	and	CCONJ
economy-1580	66	23	balhote	balhote	NOUN
economy-1580	66	24	(	(	PUNCT
economy-1580	66	25	2019	2019	NUM
economy-1580	66	26	)	)	PUNCT
economy-1580	66	27	;	;	PUNCT
economy-1580	66	28	nwaogwugwu	nwaogwugwu	X
economy-1580	66	29	(	(	PUNCT
economy-1580	66	30	2018	2018	NUM
economy-1580	66	31	)	)	PUNCT
economy-1580	66	32	;	;	PUNCT
economy-1580	66	33	tawfiq	tawfiq	PROPN
economy-1580	66	34	and	and	CCONJ
economy-1580	66	35	tahtamouni	tahtamouni	PROPN
economy-1580	66	36	(	(	PUNCT
economy-1580	66	37	2018	2018	NUM
economy-1580	66	38	)	)	PUNCT
economy-1580	66	39	;	;	PUNCT
economy-1580	66	40	isola	isola	PROPN
economy-1580	66	41	et	et	PROPN
economy-1580	66	42	al	al	PROPN
economy-1580	66	43	.	.	PROPN
economy-1580	67	1	(	(	PUNCT
economy-1580	67	2	2018	2018	NUM
economy-1580	67	3	)	)	PUNCT
economy-1580	67	4	;	;	PUNCT
economy-1580	67	5	orekoya	orekoya	NOUN
economy-1580	67	6	(	(	PUNCT
economy-1580	67	7	2017	2017	NUM
economy-1580	67	8	)	)	PUNCT
economy-1580	67	9	revealed	reveal	VERB
economy-1580	67	10	that	that	SCONJ
economy-1580	67	11	though	though	SCONJ
economy-1580	67	12	fiscal	fiscal	ADJ
economy-1580	67	13	policy	policy	NOUN
economy-1580	67	14	and	and	CCONJ
economy-1580	67	15	monetary	monetary	ADJ
economy-1580	67	16	policy	policy	NOUN
economy-1580	67	17	might	might	AUX
economy-1580	67	18	have	have	VERB
economy-1580	67	19	varying	vary	VERB
economy-1580	67	20	effects	effect	NOUN
economy-1580	67	21	on	on	ADP
economy-1580	67	22	stock	stock	NOUN
economy-1580	67	23	market	market	NOUN
economy-1580	67	24	activities	activity	NOUN
economy-1580	67	25	,	,	PUNCT
economy-1580	67	26	an	an	DET
economy-1580	67	27	interaction	interaction	NOUN
economy-1580	67	28	of	of	ADP
economy-1580	67	29	the	the	DET
economy-1580	67	30	two	two	NUM
economy-1580	67	31	policies	policy	NOUN
economy-1580	67	32	is	be	AUX
economy-1580	67	33	of	of	ADP
economy-1580	67	34	utmost	utmost	ADJ
economy-1580	67	35	importance	importance	NOUN
economy-1580	67	36	in	in	ADP
economy-1580	67	37	explaining	explain	VERB
economy-1580	67	38	changes	change	NOUN
economy-1580	67	39	in	in	ADP
economy-1580	67	40	stock	stock	NOUN
economy-1580	67	41	market	market	NOUN
economy-1580	67	42	activities	activity	NOUN
economy-1580	67	43	.	.	PUNCT
economy-1580	68	1	on	on	ADP
economy-1580	68	2	the	the	DET
economy-1580	68	3	other	other	ADJ
economy-1580	68	4	hand	hand	NOUN
economy-1580	68	5	,	,	PUNCT
economy-1580	68	6	a	a	DET
economy-1580	68	7	gap	gap	NOUN
economy-1580	68	8	this	this	DET
economy-1580	68	9	study	study	NOUN
economy-1580	68	10	aims	aim	VERB
economy-1580	68	11	to	to	PART
economy-1580	68	12	fill	fill	VERB
economy-1580	68	13	borders	border	NOUN
economy-1580	68	14	on	on	ADP
economy-1580	68	15	the	the	DET
economy-1580	68	16	fact	fact	NOUN
economy-1580	68	17	that	that	SCONJ
economy-1580	68	18	studies	study	NOUN
economy-1580	68	19	carried	carry	VERB
economy-1580	68	20	out	out	ADP
economy-1580	68	21	in	in	ADP
economy-1580	68	22	nigeria	nigeria	PRON
economy-1580	68	23	such	such	ADJ
economy-1580	68	24	as	as	ADP
economy-1580	68	25	nwaogwugwu	nwaogwugwu	ADV
economy-1580	68	26	(	(	PUNCT
economy-1580	68	27	2018	2018	NUM
economy-1580	68	28	)	)	PUNCT
economy-1580	68	29	;	;	PUNCT
economy-1580	68	30	orekoya	orekoya	PROPN
economy-1580	68	31	(	(	PUNCT
economy-1580	68	32	2017	2017	NUM
economy-1580	68	33	)	)	PUNCT
economy-1580	68	34	suffer	suffer	VERB
economy-1580	68	35	from	from	ADP
economy-1580	68	36	model	model	NOUN
economy-1580	68	37	misspecification	misspecification	NOUN
economy-1580	68	38	as	as	SCONJ
economy-1580	68	39	they	they	PRON
economy-1580	68	40	failed	fail	VERB
economy-1580	68	41	to	to	PART
economy-1580	68	42	incorporate	incorporate	VERB
economy-1580	68	43	public	public	ADJ
economy-1580	68	44	debt	debt	NOUN
economy-1580	68	45	,	,	PUNCT
economy-1580	68	46	cash	cash	NOUN
economy-1580	68	47	reserve	reserve	NOUN
economy-1580	68	48	ratio	ratio	NOUN
economy-1580	68	49	and	and	CCONJ
economy-1580	68	50	bank	bank	NOUN
economy-1580	68	51	liquidity	liquidity	NOUN
economy-1580	68	52	ratio	ratio	NOUN
economy-1580	68	53	(	(	PUNCT
economy-1580	68	54	ratio	ratio	NOUN
economy-1580	68	55	of	of	ADP
economy-1580	68	56	banks	bank	NOUN
economy-1580	68	57	’	'	PUNCT
economy-1580	68	58	liquid	liquid	ADJ
economy-1580	68	59	assets	asset	NOUN
economy-1580	68	60	to	to	ADP
economy-1580	68	61	its	its	PRON
economy-1580	68	62	liabilities	liability	NOUN
economy-1580	68	63	)	)	PUNCT
economy-1580	68	64	in	in	ADP
economy-1580	68	65	the	the	DET
economy-1580	68	66	fiscal	fiscal	ADJ
economy-1580	68	67	-	-	PUNCT
economy-1580	68	68	monetary	monetary	ADJ
economy-1580	68	69	policy	policy	NOUN
economy-1580	68	70	mix	mix	NOUN
economy-1580	68	71	as	as	SCONJ
economy-1580	68	72	these	these	DET
economy-1580	68	73	variables	variable	NOUN
economy-1580	68	74	are	be	AUX
economy-1580	68	75	important	important	ADJ
economy-1580	68	76	components	component	NOUN
economy-1580	68	77	of	of	ADP
economy-1580	68	78	macroeconomic	macroeconomic	ADJ
economy-1580	68	79	policies	policy	NOUN
economy-1580	68	80	(	(	PUNCT
economy-1580	68	81	alade	alade	NOUN
economy-1580	68	82	,	,	PUNCT
economy-1580	68	83	2017	2017	NUM
economy-1580	68	84	;	;	PUNCT
economy-1580	68	85	ukeje	ukeje	ADJ
economy-1580	68	86	,	,	PUNCT
economy-1580	68	87	2012	2012	NUM
economy-1580	68	88	)	)	PUNCT
economy-1580	68	89	.	.	PUNCT
economy-1580	69	1	however	however	ADV
economy-1580	69	2	,	,	PUNCT
economy-1580	69	3	a	a	DET
economy-1580	69	4	vital	vital	ADJ
economy-1580	69	5	issue	issue	NOUN
economy-1580	69	6	that	that	PRON
economy-1580	69	7	has	have	AUX
economy-1580	69	8	often	often	ADV
economy-1580	69	9	stressed	stress	VERB
economy-1580	69	10	the	the	DET
economy-1580	69	11	minds	mind	NOUN
economy-1580	69	12	of	of	ADP
economy-1580	69	13	researchers	researcher	NOUN
economy-1580	69	14	and	and	CCONJ
economy-1580	69	15	economist	economist	NOUN
economy-1580	69	16	alike	alike	ADV
economy-1580	69	17	is	be	AUX
economy-1580	69	18	the	the	DET
economy-1580	69	19	discernment	discernment	NOUN
economy-1580	69	20	of	of	ADP
economy-1580	69	21	how	how	SCONJ
economy-1580	69	22	the	the	DET
economy-1580	69	23	dependence	dependence	NOUN
economy-1580	69	24	,	,	PUNCT
economy-1580	69	25	independence	independence	NOUN
economy-1580	69	26	and	and	CCONJ
economy-1580	69	27	interactions	interaction	NOUN
economy-1580	69	28	between	between	ADP
economy-1580	69	29	monetary	monetary	ADJ
economy-1580	69	30	and	and	CCONJ
economy-1580	69	31	fiscal	fiscal	ADJ
economy-1580	69	32	policies	policy	NOUN
economy-1580	69	33	could	could	AUX
economy-1580	69	34	drive	drive	VERB
economy-1580	69	35	the	the	DET
economy-1580	69	36	economy	economy	NOUN
economy-1580	69	37	either	either	CCONJ
economy-1580	69	38	closer	close	ADV
economy-1580	69	39	or	or	CCONJ
economy-1580	69	40	further	far	ADV
economy-1580	69	41	away	away	ADV
economy-1580	69	42	from	from	ADP
economy-1580	69	43	its	its	PRON
economy-1580	69	44	goals	goal	NOUN
economy-1580	69	45	and	and	CCONJ
economy-1580	69	46	objectives	objective	NOUN
economy-1580	69	47	.	.	PUNCT
economy-1580	70	1	obviously	obviously	ADV
economy-1580	70	2	,	,	PUNCT
economy-1580	70	3	one	one	NUM
economy-1580	70	4	of	of	ADP
economy-1580	70	5	the	the	DET
economy-1580	70	6	fundamental	fundamental	ADJ
economy-1580	70	7	objectives	objective	NOUN
economy-1580	70	8	of	of	ADP
economy-1580	70	9	fiscal	fiscal	ADJ
economy-1580	70	10	and	and	CCONJ
economy-1580	70	11	monetary	monetary	ADJ
economy-1580	70	12	authorities	authority	NOUN
economy-1580	70	13	is	be	AUX
economy-1580	70	14	to	to	PART
economy-1580	70	15	foster	foster	VERB
economy-1580	70	16	effective	effective	ADJ
economy-1580	70	17	and	and	CCONJ
economy-1580	70	18	efficient	efficient	ADJ
economy-1580	70	19	economy	economy	NOUN
economy-1580	70	20	,	,	PUNCT
economy-1580	70	21	of	of	ADP
economy-1580	70	22	which	which	PRON
economy-1580	70	23	the	the	DET
economy-1580	70	24	stock	stock	NOUN
economy-1580	70	25	market	market	NOUN
economy-1580	70	26	is	be	AUX
economy-1580	70	27	an	an	DET
economy-1580	70	28	integral	integral	ADJ
economy-1580	70	29	part	part	NOUN
economy-1580	70	30	.	.	PUNCT
economy-1580	71	1	it	it	PRON
economy-1580	71	2	is	be	AUX
economy-1580	71	3	based	base	VERB
economy-1580	71	4	on	on	ADP
economy-1580	71	5	the	the	DET
economy-1580	71	6	foregoing	foregoing	NOUN
economy-1580	71	7	that	that	SCONJ
economy-1580	71	8	this	this	DET
economy-1580	71	9	paper	paper	NOUN
economy-1580	71	10	investigates	investigate	VERB
economy-1580	71	11	the	the	DET
economy-1580	71	12	extent	extent	NOUN
economy-1580	71	13	to	to	PART
economy-1580	71	14	which	which	PRON
economy-1580	71	15	stock	stock	NOUN
economy-1580	71	16	market	market	NOUN
economy-1580	71	17	liquidity	liquidity	NOUN
economy-1580	71	18	is	be	AUX
economy-1580	71	19	being	be	AUX
economy-1580	71	20	affected	affect	VERB
economy-1580	71	21	by	by	ADP
economy-1580	71	22	fiscal	fiscal	ADJ
economy-1580	71	23	and	and	CCONJ
economy-1580	71	24	monetary	monetary	ADJ
economy-1580	71	25	policy	policy	NOUN
economy-1580	71	26	actions	action	NOUN
economy-1580	71	27	in	in	ADP
economy-1580	71	28	nigeria	nigeria	PROPN
economy-1580	71	29	.	.	PUNCT
economy-1580	72	1	this	this	DET
economy-1580	72	2	objective	objective	NOUN
economy-1580	72	3	was	be	AUX
economy-1580	72	4	achieved	achieve	VERB
economy-1580	72	5	by	by	ADP
economy-1580	72	6	using	use	VERB
economy-1580	72	7	yearly	yearly	ADJ
economy-1580	72	8	time	time	NOUN
economy-1580	72	9	series	series	PROPN
economy-1580	72	10	data	datum	NOUN
economy-1580	72	11	from	from	ADP
economy-1580	72	12	1986	1986	NUM
economy-1580	72	13	to	to	ADP
economy-1580	72	14	2018	2018	NUM
economy-1580	72	15	and	and	CCONJ
economy-1580	72	16	autoregressive	autoregressive	ADJ
economy-1580	72	17	distributed	distribute	VERB
economy-1580	72	18	lag	lag	NOUN
economy-1580	72	19	(	(	PUNCT
economy-1580	72	20	ardl	ardl	NOUN
economy-1580	72	21	)	)	PUNCT
economy-1580	72	22	technique	technique	NOUN
economy-1580	72	23	of	of	ADP
economy-1580	72	24	data	datum	NOUN
economy-1580	72	25	analysis	analysis	NOUN
economy-1580	72	26	.	.	PUNCT
economy-1580	73	1	2	2	X
economy-1580	73	2	.	.	X
economy-1580	73	3	conceptual	conceptual	ADJ
economy-1580	73	4	framework	framework	NOUN
economy-1580	73	5	the	the	DET
economy-1580	73	6	conceptual	conceptual	ADJ
economy-1580	73	7	note	note	NOUN
economy-1580	73	8	explaining	explain	VERB
economy-1580	73	9	the	the	DET
economy-1580	73	10	interaction	interaction	NOUN
economy-1580	73	11	between	between	ADP
economy-1580	73	12	fiscal	fiscal	ADJ
economy-1580	73	13	and	and	CCONJ
economy-1580	73	14	monetary	monetary	ADJ
economy-1580	73	15	policies	policy	NOUN
economy-1580	73	16	as	as	SCONJ
economy-1580	73	17	they	they	PRON
economy-1580	73	18	influence	influence	VERB
economy-1580	73	19	productivity	productivity	NOUN
economy-1580	73	20	,	,	PUNCT
economy-1580	73	21	prices	price	NOUN
economy-1580	73	22	,	,	PUNCT
economy-1580	73	23	rate	rate	NOUN
economy-1580	73	24	of	of	ADP
economy-1580	73	25	returns	return	NOUN
economy-1580	73	26	and	and	CCONJ
economy-1580	73	27	by	by	ADP
economy-1580	73	28	extension	extension	NOUN
economy-1580	73	29	stock	stock	NOUN
economy-1580	73	30	market	market	NOUN
economy-1580	73	31	liquidity	liquidity	NOUN
economy-1580	73	32	have	have	AUX
economy-1580	73	33	been	be	AUX
economy-1580	73	34	categorized	categorize	VERB
economy-1580	73	35	into	into	ADP
economy-1580	73	36	two	two	NUM
economy-1580	73	37	(	(	PUNCT
economy-1580	73	38	2	2	NUM
economy-1580	73	39	)	)	PUNCT
economy-1580	73	40	strands	strand	NOUN
economy-1580	73	41	of	of	ADP
economy-1580	73	42	literature	literature	NOUN
economy-1580	73	43	(	(	PUNCT
economy-1580	73	44	afonso	afonso	PROPN
economy-1580	73	45	et	et	PROPN
economy-1580	73	46	al	al	PROPN
economy-1580	73	47	.	.	PROPN
economy-1580	73	48	,	,	PUNCT
economy-1580	73	49	2019	2019	NUM
economy-1580	73	50	;	;	PUNCT
economy-1580	73	51	tawfiq	tawfiq	PROPN
economy-1580	73	52	&	&	CCONJ
economy-1580	73	53	tahtamouni	tahtamouni	PROPN
economy-1580	73	54	,	,	PUNCT
economy-1580	73	55	2018	2018	NUM
economy-1580	73	56	)	)	PUNCT
economy-1580	73	57	.	.	PUNCT
economy-1580	74	1	the	the	DET
economy-1580	74	2	first	first	ADJ
economy-1580	74	3	strand	strand	NOUN
economy-1580	74	4	emphasizes	emphasize	VERB
economy-1580	74	5	that	that	SCONJ
economy-1580	74	6	the	the	DET
economy-1580	74	7	two	two	NUM
economy-1580	74	8	policies	policy	NOUN
economy-1580	74	9	are	be	AUX
economy-1580	74	10	either	either	CCONJ
economy-1580	74	11	substitutes	substitute	NOUN
economy-1580	74	12	or	or	CCONJ
economy-1580	74	13	complements	complement	NOUN
economy-1580	74	14	to	to	ADP
economy-1580	74	15	each	each	DET
economy-1580	74	16	other	other	ADJ
economy-1580	74	17	.	.	PUNCT
economy-1580	75	1	the	the	DET
economy-1580	75	2	second	second	NOUN
economy-1580	75	3	focuses	focus	VERB
economy-1580	75	4	on	on	ADP
economy-1580	75	5	the	the	DET
economy-1580	75	6	competing	compete	VERB
economy-1580	75	7	or	or	CCONJ
economy-1580	75	8	conflicting	conflicting	ADJ
economy-1580	75	9	effect	effect	NOUN
economy-1580	75	10	which	which	PRON
economy-1580	75	11	explains	explain	VERB
economy-1580	75	12	both	both	PRON
economy-1580	75	13	that	that	SCONJ
economy-1580	75	14	policies	policy	NOUN
economy-1580	75	15	move	move	VERB
economy-1580	75	16	in	in	ADP
economy-1580	75	17	opposite	opposite	ADJ
economy-1580	75	18	direction	direction	NOUN
economy-1580	75	19	through	through	ADP
economy-1580	75	20	the	the	DET
economy-1580	75	21	strategic	strategic	ADJ
economy-1580	75	22	fundamentals	fundamental	NOUN
economy-1580	75	23	relating	relate	VERB
economy-1580	75	24	to	to	ADP
economy-1580	75	25	the	the	DET
economy-1580	75	26	interaction	interaction	NOUN
economy-1580	75	27	between	between	ADP
economy-1580	75	28	the	the	DET
economy-1580	75	29	policies	policy	NOUN
economy-1580	75	30	based	base	VERB
economy-1580	75	31	on	on	ADP
economy-1580	75	32	the	the	DET
economy-1580	75	33	game	game	NOUN
economy-1580	75	34	theory	theory	NOUN
economy-1580	75	35	framework	framework	NOUN
economy-1580	75	36	(	(	PUNCT
economy-1580	75	37	the	the	DET
economy-1580	75	38	use	use	NOUN
economy-1580	75	39	of	of	ADP
economy-1580	75	40	mathematical	mathematical	ADJ
economy-1580	75	41	models	model	NOUN
economy-1580	75	42	of	of	ADP
economy-1580	75	43	strategic	strategic	ADJ
economy-1580	75	44	interaction	interaction	NOUN
economy-1580	75	45	among	among	ADP
economy-1580	75	46	rational	rational	ADJ
economy-1580	75	47	decision	decision	NOUN
economy-1580	75	48	-	-	PUNCT
economy-1580	75	49	makers	maker	NOUN
economy-1580	75	50	)	)	PUNCT
economy-1580	75	51	.	.	PUNCT
economy-1580	76	1	linkages	linkage	NOUN
economy-1580	76	2	between	between	ADP
economy-1580	76	3	these	these	DET
economy-1580	76	4	two	two	NUM
economy-1580	76	5	policies	policy	NOUN
economy-1580	76	6	instruments	instrument	NOUN
economy-1580	76	7	towards	towards	ADP
economy-1580	76	8	any	any	DET
economy-1580	76	9	direction	direction	NOUN
economy-1580	76	10	has	have	VERB
economy-1580	76	11	effects	effect	NOUN
economy-1580	76	12	on	on	ADP
economy-1580	76	13	overall	overall	ADJ
economy-1580	76	14	financial	financial	ADJ
economy-1580	76	15	system	system	NOUN
economy-1580	76	16	,	,	PUNCT
economy-1580	76	17	most	most	ADV
economy-1580	76	18	especially	especially	ADV
economy-1580	76	19	the	the	DET
economy-1580	76	20	stock	stock	NOUN
economy-1580	76	21	market	market	NOUN
economy-1580	76	22	.	.	PUNCT
economy-1580	77	1	in	in	ADP
economy-1580	77	2	a	a	DET
economy-1580	77	3	situation	situation	NOUN
economy-1580	77	4	both	both	DET
economy-1580	77	5	policies	policy	NOUN
economy-1580	77	6	tick	tick	VERB
economy-1580	77	7	towards	towards	ADP
economy-1580	77	8	the	the	DET
economy-1580	77	9	same	same	ADJ
economy-1580	77	10	direction	direction	NOUN
economy-1580	77	11	,	,	PUNCT
economy-1580	77	12	one	one	PRON
economy-1580	77	13	would	would	AUX
economy-1580	77	14	discover	discover	VERB
economy-1580	77	15	that	that	SCONJ
economy-1580	77	16	either	either	CCONJ
economy-1580	77	17	contractionary	contractionary	ADJ
economy-1580	77	18	or	or	CCONJ
economy-1580	77	19	expansionary	expansionary	ADJ
economy-1580	77	20	of	of	ADP
economy-1580	77	21	one	one	NUM
economy-1580	77	22	policy	policy	NOUN
economy-1580	77	23	instrument	instrument	NOUN
economy-1580	77	24	would	would	AUX
economy-1580	77	25	lead	lead	VERB
economy-1580	77	26	to	to	ADP
economy-1580	77	27	either	either	CCONJ
economy-1580	77	28	contractionary	contractionary	ADJ
economy-1580	77	29	or	or	CCONJ
economy-1580	77	30	expansionary	expansionary	ADJ
economy-1580	77	31	of	of	ADP
economy-1580	77	32	the	the	DET
economy-1580	77	33	other	other	ADJ
economy-1580	77	34	(	(	PUNCT
economy-1580	77	35	ellington	ellington	PROPN
economy-1580	77	36	,	,	PUNCT
economy-1580	77	37	2018	2018	NUM
economy-1580	77	38	)	)	PUNCT
economy-1580	77	39	.	.	PUNCT
economy-1580	78	1	in	in	ADP
economy-1580	78	2	the	the	DET
economy-1580	78	3	same	same	ADJ
economy-1580	78	4	vein	vein	NOUN
economy-1580	78	5	,	,	PUNCT
economy-1580	78	6	it	it	PRON
economy-1580	78	7	is	be	AUX
economy-1580	78	8	also	also	ADV
economy-1580	78	9	averred	aver	VERB
economy-1580	78	10	that	that	SCONJ
economy-1580	78	11	in	in	ADP
economy-1580	78	12	a	a	DET
economy-1580	78	13	situation	situation	NOUN
economy-1580	78	14	when	when	SCONJ
economy-1580	78	15	both	both	DET
economy-1580	78	16	policies	policy	NOUN
economy-1580	78	17	follow	follow	VERB
economy-1580	78	18	the	the	DET
economy-1580	78	19	same	same	ADJ
economy-1580	78	20	direction	direction	NOUN
economy-1580	78	21	such	such	ADJ
economy-1580	78	22	that	that	SCONJ
economy-1580	78	23	inflation	inflation	NOUN
economy-1580	78	24	is	be	AUX
economy-1580	78	25	kept	keep	VERB
economy-1580	78	26	in	in	ADP
economy-1580	78	27	check	check	NOUN
economy-1580	78	28	while	while	SCONJ
economy-1580	78	29	counter	counter	ADJ
economy-1580	78	30	cyclical	cyclical	ADJ
economy-1580	78	31	policies	policy	NOUN
economy-1580	78	32	are	be	AUX
economy-1580	78	33	implemented	implement	VERB
economy-1580	78	34	,	,	PUNCT
economy-1580	78	35	the	the	DET
economy-1580	78	36	results	result	NOUN
economy-1580	78	37	would	would	AUX
economy-1580	78	38	be	be	AUX
economy-1580	78	39	that	that	SCONJ
economy-1580	78	40	either	either	PRON
economy-1580	78	41	of	of	ADP
economy-1580	78	42	the	the	DET
economy-1580	78	43	two	two	NUM
economy-1580	78	44	policies	policy	NOUN
economy-1580	78	45	will	will	AUX
economy-1580	78	46	lead	lead	VERB
economy-1580	78	47	,	,	PUNCT
economy-1580	78	48	while	while	SCONJ
economy-1580	78	49	the	the	DET
economy-1580	78	50	other	other	ADJ
economy-1580	78	51	play	play	VERB
economy-1580	78	52	the	the	DET
economy-1580	78	53	complementary	complementary	ADJ
economy-1580	78	54	role	role	NOUN
economy-1580	78	55	by	by	ADP
economy-1580	78	56	following	follow	VERB
economy-1580	78	57	(	(	PUNCT
economy-1580	78	58	nasir	nasir	PROPN
economy-1580	78	59	et	et	PROPN
economy-1580	78	60	al	al	PROPN
economy-1580	78	61	.	.	PROPN
economy-1580	78	62	,	,	PUNCT
economy-1580	78	63	2016	2016	NUM
economy-1580	78	64	)	)	PUNCT
economy-1580	78	65	.	.	PUNCT
economy-1580	79	1	this	this	PRON
economy-1580	79	2	is	be	AUX
economy-1580	79	3	because	because	SCONJ
economy-1580	79	4	funds	fund	NOUN
economy-1580	79	5	required	require	VERB
economy-1580	79	6	by	by	ADP
economy-1580	79	7	government	government	NOUN
economy-1580	79	8	and	and	CCONJ
economy-1580	79	9	corporate	corporate	ADJ
economy-1580	79	10	organizations	organization	NOUN
economy-1580	79	11	are	be	AUX
economy-1580	79	12	often	often	ADV
economy-1580	79	13	large	large	ADJ
economy-1580	79	14	hence	hence	ADV
economy-1580	79	15	effective	effective	ADJ
economy-1580	79	16	macroeconomic	macroeconomic	ADJ
economy-1580	79	17	policies	policy	NOUN
economy-1580	79	18	(	(	PUNCT
economy-1580	79	19	fiscal	fiscal	ADJ
economy-1580	79	20	and	and	CCONJ
economy-1580	79	21	monetary	monetary	ADJ
economy-1580	79	22	policies	policy	NOUN
economy-1580	79	23	)	)	PUNCT
economy-1580	79	24	would	would	AUX
economy-1580	79	25	foster	foster	VERB
economy-1580	79	26	stock	stock	NOUN
economy-1580	79	27	market	market	NOUN
economy-1580	79	28	liquidity	liquidity	NOUN
economy-1580	79	29	to	to	PART
economy-1580	79	30	raise	raise	VERB
economy-1580	79	31	such	such	ADJ
economy-1580	79	32	funds	fund	NOUN
economy-1580	79	33	required	require	VERB
economy-1580	79	34	by	by	ADP
economy-1580	79	35	government	government	NOUN
economy-1580	79	36	and	and	CCONJ
economy-1580	79	37	companies	company	NOUN
economy-1580	79	38	(	(	PUNCT
economy-1580	79	39	onoh	onoh	PROPN
economy-1580	79	40	,	,	PUNCT
economy-1580	79	41	2016	2016	NUM
economy-1580	79	42	)	)	PUNCT
economy-1580	79	43	.	.	PUNCT
economy-1580	80	1	as	as	SCONJ
economy-1580	80	2	indicated	indicate	VERB
economy-1580	80	3	in	in	ADP
economy-1580	80	4	the	the	DET
economy-1580	80	5	literature	literature	NOUN
economy-1580	80	6	,	,	PUNCT
economy-1580	80	7	the	the	DET
economy-1580	80	8	interaction	interaction	NOUN
economy-1580	80	9	between	between	ADP
economy-1580	80	10	fiscal	fiscal	ADJ
economy-1580	80	11	and	and	CCONJ
economy-1580	80	12	monetary	monetary	ADJ
economy-1580	80	13	policies	policy	NOUN
economy-1580	80	14	manifests	manifest	VERB
economy-1580	80	15	through	through	ADP
economy-1580	80	16	the	the	DET
economy-1580	80	17	effect	effect	NOUN
economy-1580	80	18	of	of	ADP
economy-1580	80	19	public	public	ADJ
economy-1580	80	20	inter	inter	ADJ
economy-1580	80	21	-	-	ADJ
economy-1580	80	22	temporal	temporal	ADJ
economy-1580	80	23	budget	budget	NOUN
economy-1580	80	24	constraint	constraint	NOUN
economy-1580	80	25	on	on	ADP
economy-1580	80	26	monetary	monetary	ADJ
economy-1580	80	27	policy	policy	NOUN
economy-1580	80	28	which	which	PRON
economy-1580	80	29	emphasizes	emphasize	VERB
economy-1580	80	30	that	that	DET
economy-1580	80	31	government	government	NOUN
economy-1580	80	32	endeavour	endeavour	VERB
economy-1580	80	33	to	to	PART
economy-1580	80	34	fund	fund	VERB
economy-1580	80	35	her	her	PRON
economy-1580	80	36	expenditures	expenditure	NOUN
economy-1580	80	37	through	through	ADP
economy-1580	80	38	tax	tax	NOUN
economy-1580	80	39	collection	collection	NOUN
economy-1580	80	40	,	,	PUNCT
economy-1580	80	41	debt	debt	NOUN
economy-1580	80	42	,	,	PUNCT
economy-1580	80	43	and	and	CCONJ
economy-1580	80	44	seignorage	seignorage	NOUN
economy-1580	80	45	.	.	PUNCT
economy-1580	81	1	here	here	ADV
economy-1580	81	2	,	,	PUNCT
economy-1580	81	3	the	the	DET
economy-1580	81	4	pitfall	pitfall	NOUN
economy-1580	81	5	could	could	AUX
economy-1580	81	6	be	be	AUX
economy-1580	81	7	that	that	SCONJ
economy-1580	81	8	,	,	PUNCT
economy-1580	81	9	when	when	SCONJ
economy-1580	81	10	confronted	confront	VERB
economy-1580	81	11	with	with	ADP
economy-1580	81	12	laggard	laggard	ADJ
economy-1580	81	13	fiscal	fiscal	ADJ
economy-1580	81	14	policy	policy	NOUN
economy-1580	81	15	amidst	amidst	ADP
economy-1580	81	16	a	a	DET
economy-1580	81	17	complementary	complementary	ADJ
economy-1580	81	18	role	role	NOUN
economy-1580	81	19	by	by	ADP
economy-1580	81	20	monetary	monetary	ADJ
economy-1580	81	21	policy	policy	NOUN
economy-1580	81	22	,	,	PUNCT
economy-1580	81	23	there	there	PRON
economy-1580	81	24	is	be	VERB
economy-1580	81	25	the	the	DET
economy-1580	81	26	likelihood	likelihood	NOUN
economy-1580	81	27	that	that	SCONJ
economy-1580	81	28	the	the	DET
economy-1580	81	29	monetary	monetary	ADJ
economy-1580	81	30	policy	policy	NOUN
economy-1580	81	31	instruments	instrument	NOUN
economy-1580	81	32	would	would	AUX
economy-1580	81	33	become	become	VERB
economy-1580	81	34	sluggish	sluggish	ADJ
economy-1580	81	35	if	if	SCONJ
economy-1580	81	36	fiscal	fiscal	ADJ
economy-1580	81	37	system	system	NOUN
economy-1580	81	38	experience	experience	NOUN
economy-1580	81	39	insolvency	insolvency	NOUN
economy-1580	81	40	,	,	PUNCT
economy-1580	81	41	thus	thus	ADV
economy-1580	81	42	resulting	result	VERB
economy-1580	81	43	to	to	ADP
economy-1580	81	44	inflationary	inflationary	ADJ
economy-1580	81	45	pressure	pressure	NOUN
economy-1580	81	46	in	in	ADP
economy-1580	81	47	the	the	DET
economy-1580	81	48	future	future	NOUN
economy-1580	81	49	.	.	PUNCT
economy-1580	82	1	on	on	ADP
economy-1580	82	2	the	the	DET
economy-1580	82	3	other	other	ADJ
economy-1580	82	4	hand	hand	NOUN
economy-1580	82	5	,	,	PUNCT
economy-1580	82	6	through	through	ADP
economy-1580	82	7	the	the	DET
economy-1580	82	8	impact	impact	NOUN
economy-1580	82	9	of	of	ADP
economy-1580	82	10	fiscal	fiscal	ADJ
economy-1580	82	11	policy	policy	NOUN
economy-1580	82	12	instruments	instrument	NOUN
economy-1580	82	13	on	on	ADP
economy-1580	82	14	components	component	NOUN
economy-1580	82	15	of	of	ADP
economy-1580	82	16	monetary	monetary	ADJ
economy-1580	82	17	policy	policy	NOUN
economy-1580	82	18	,	,	PUNCT
economy-1580	82	19	especially	especially	ADV
economy-1580	82	20	the	the	DET
economy-1580	82	21	discount	discount	NOUN
economy-1580	82	22	rate	rate	NOUN
economy-1580	82	23	(	(	PUNCT
economy-1580	82	24	monetary	monetary	ADJ
economy-1580	82	25	policy	policy	NOUN
economy-1580	82	26	rate	rate	NOUN
economy-1580	82	27	)	)	PUNCT
economy-1580	82	28	.	.	PUNCT
economy-1580	83	1	according	accord	VERB
economy-1580	83	2	to	to	ADP
economy-1580	83	3	chatziantoniou	chatziantoniou	NOUN
economy-1580	83	4	,	,	PUNCT
economy-1580	83	5	duffy	duffy	PROPN
economy-1580	83	6	,	,	PUNCT
economy-1580	83	7	and	and	CCONJ
economy-1580	83	8	filis	filis	PROPN
economy-1580	83	9	(	(	PUNCT
economy-1580	83	10	2013	2013	NUM
economy-1580	83	11	)	)	PUNCT
economy-1580	83	12	this	this	DET
economy-1580	83	13	effect	effect	NOUN
economy-1580	83	14	is	be	AUX
economy-1580	83	15	seen	see	VERB
economy-1580	83	16	through	through	ADP
economy-1580	83	17	a	a	DET
economy-1580	83	18	situation	situation	NOUN
economy-1580	83	19	when	when	SCONJ
economy-1580	83	20	a	a	DET
economy-1580	83	21	country	country	NOUN
economy-1580	83	22	’s	’s	PART
economy-1580	83	23	debt	debt	NOUN
economy-1580	83	24	profile	profile	NOUN
economy-1580	83	25	is	be	AUX
economy-1580	83	26	heavily	heavily	ADV
economy-1580	83	27	dominated	dominate	VERB
economy-1580	83	28	in	in	ADP
economy-1580	83	29	hard	hard	ADJ
economy-1580	83	30	currencies	currency	NOUN
economy-1580	83	31	as	as	SCONJ
economy-1580	83	32	exchange	exchange	NOUN
economy-1580	83	33	rate	rate	NOUN
economy-1580	83	34	depreciation	depreciation	NOUN
economy-1580	83	35	would	would	AUX
economy-1580	83	36	accelerate	accelerate	VERB
economy-1580	83	37	the	the	DET
economy-1580	83	38	debt	debt	NOUN
economy-1580	83	39	burden	burden	NOUN
economy-1580	83	40	which	which	PRON
economy-1580	83	41	will	will	AUX
economy-1580	83	42	cause	cause	VERB
economy-1580	83	43	appreciable	appreciable	ADJ
economy-1580	83	44	surge	surge	NOUN
economy-1580	83	45	in	in	ADP
economy-1580	83	46	interest	interest	NOUN
economy-1580	83	47	rate	rate	NOUN
economy-1580	83	48	and	and	CCONJ
economy-1580	83	49	adverse	adverse	ADJ
economy-1580	83	50	effects	effect	NOUN
economy-1580	83	51	on	on	ADP
economy-1580	83	52	stock	stock	NOUN
economy-1580	83	53	prices	price	NOUN
economy-1580	83	54	and	and	CCONJ
economy-1580	83	55	by	by	ADP
economy-1580	83	56	extension	extension	NOUN
economy-1580	83	57	stock	stock	NOUN
economy-1580	83	58	market	market	NOUN
economy-1580	83	59	liquidity	liquidity	NOUN
economy-1580	83	60	.	.	PUNCT
economy-1580	84	1	figure	figure	NOUN
economy-1580	84	2	2	2	NUM
economy-1580	84	3	below	below	ADP
economy-1580	84	4	summarizes	summarize	NOUN
economy-1580	84	5	the	the	DET
economy-1580	84	6	conceptual	conceptual	ADJ
economy-1580	84	7	framework	framework	NOUN
economy-1580	84	8	of	of	ADP
economy-1580	84	9	this	this	DET
economy-1580	84	10	paper	paper	NOUN
economy-1580	84	11	assuming	assume	VERB
economy-1580	84	12	loose	loose	ADJ
economy-1580	84	13	fiscal	fiscal	ADJ
economy-1580	84	14	and	and	CCONJ
economy-1580	84	15	monetary	monetary	ADJ
economy-1580	84	16	policies	policy	NOUN
economy-1580	84	17	.	.	PUNCT
economy-1580	85	1	the	the	DET
economy-1580	85	2	diagram	diagram	NOUN
economy-1580	85	3	depicted	depict	VERB
economy-1580	85	4	in	in	ADP
economy-1580	85	5	figure	figure	NOUN
economy-1580	85	6	1	1	NUM
economy-1580	85	7	shows	show	VERB
economy-1580	85	8	that	that	SCONJ
economy-1580	85	9	economic	economic	ADJ
economy-1580	85	10	actions	action	NOUN
economy-1580	85	11	associated	associate	VERB
economy-1580	85	12	with	with	ADP
economy-1580	85	13	fiscal	fiscal	ADJ
economy-1580	85	14	or	or	CCONJ
economy-1580	85	15	monetary	monetary	ADJ
economy-1580	85	16	policies	policy	NOUN
economy-1580	85	17	might	might	AUX
economy-1580	85	18	effectively	effectively	ADV
economy-1580	85	19	achieve	achieve	VERB
economy-1580	85	20	desirable	desirable	ADJ
economy-1580	85	21	macroeconomic	macroeconomic	ADJ
economy-1580	85	22	objectives	objective	NOUN
economy-1580	85	23	if	if	SCONJ
economy-1580	85	24	they	they	PRON
economy-1580	85	25	are	be	AUX
economy-1580	85	26	isolated	isolate	VERB
economy-1580	85	27	.	.	PUNCT
economy-1580	86	1	as	as	ADP
economy-1580	86	2	such	such	ADJ
economy-1580	86	3	,	,	PUNCT
economy-1580	86	4	a	a	DET
economy-1580	86	5	mixture	mixture	NOUN
economy-1580	86	6	of	of	ADP
economy-1580	86	7	policies	policy	NOUN
economy-1580	86	8	is	be	AUX
economy-1580	86	9	emphasized	emphasize	VERB
economy-1580	86	10	,	,	PUNCT
economy-1580	86	11	where	where	SCONJ
economy-1580	86	12	appropriate	appropriate	ADJ
economy-1580	86	13	implementation	implementation	NOUN
economy-1580	86	14	of	of	ADP
economy-1580	86	15	fiscal	fiscal	ADJ
economy-1580	86	16	policy	policy	NOUN
economy-1580	86	17	is	be	AUX
economy-1580	86	18	accompanied	accompany	VERB
economy-1580	86	19	by	by	ADP
economy-1580	86	20	a	a	DET
economy-1580	86	21	suitable	suitable	ADJ
economy-1580	86	22	level	level	NOUN
economy-1580	86	23	of	of	ADP
economy-1580	86	24	monetary	monetary	ADJ
economy-1580	86	25	policy	policy	NOUN
economy-1580	86	26	.	.	PUNCT
economy-1580	87	1	hence	hence	ADV
economy-1580	87	2	,	,	PUNCT
economy-1580	87	3	the	the	DET
economy-1580	87	4	interactions	interaction	NOUN
economy-1580	87	5	between	between	ADP
economy-1580	87	6	fiscal	fiscal	ADJ
economy-1580	87	7	and	and	CCONJ
economy-1580	87	8	monetary	monetary	ADJ
economy-1580	87	9	policy	policy	NOUN
economy-1580	87	10	fundamentals	fundamental	NOUN
economy-1580	87	11	as	as	ADV
economy-1580	87	12	well	well	ADV
economy-1580	87	13	as	as	ADP
economy-1580	87	14	interest	interest	NOUN
economy-1580	87	15	rates	rate	NOUN
economy-1580	87	16	(	(	PUNCT
economy-1580	87	17	monetary	monetary	ADJ
economy-1580	87	18	policy	policy	NOUN
economy-1580	87	19	rate	rate	NOUN
economy-1580	87	20	/	/	SYM
economy-1580	87	21	discount	discount	NOUN
economy-1580	87	22	rate	rate	NOUN
economy-1580	87	23	)	)	PUNCT
economy-1580	87	24	shows	show	VERB
economy-1580	87	25	that	that	SCONJ
economy-1580	87	26	the	the	DET
economy-1580	87	27	analysis	analysis	NOUN
economy-1580	87	28	of	of	ADP
economy-1580	87	29	stock	stock	NOUN
economy-1580	87	30	market	market	NOUN
economy-1580	87	31	activities	activity	NOUN
economy-1580	87	32	can	can	AUX
economy-1580	87	33	not	not	PART
economy-1580	87	34	be	be	AUX
economy-1580	87	35	completely	completely	ADV
economy-1580	87	36	isolated	isolate	VERB
economy-1580	87	37	from	from	ADP
economy-1580	87	38	such	such	ADJ
economy-1580	87	39	policy	policy	NOUN
economy-1580	87	40	influences	influence	NOUN
economy-1580	87	41	.	.	PUNCT
economy-1580	88	1	this	this	PRON
economy-1580	88	2	is	be	AUX
economy-1580	88	3	the	the	DET
economy-1580	88	4	situation	situation	NOUN
economy-1580	88	5	as	as	SCONJ
economy-1580	88	6	changes	change	NOUN
economy-1580	88	7	in	in	ADP
economy-1580	88	8	either	either	CCONJ
economy-1580	88	9	fiscal	fiscal	ADJ
economy-1580	88	10	or	or	CCONJ
economy-1580	88	11	monetary	monetary	ADJ
economy-1580	88	12	policy	policy	NOUN
economy-1580	88	13	instruments	instrument	NOUN
economy-1580	88	14	(	(	PUNCT
economy-1580	88	15	like	like	ADP
economy-1580	88	16	government	government	NOUN
economy-1580	88	17	spending	spending	NOUN
economy-1580	88	18	,	,	PUNCT
economy-1580	88	19	taxes	taxis	NOUN
economy-1580	88	20	and	and	CCONJ
economy-1580	88	21	discount	discount	NOUN
economy-1580	88	22	rate	rate	NOUN
economy-1580	88	23	)	)	PUNCT
economy-1580	88	24	could	could	AUX
economy-1580	88	25	have	have	VERB
economy-1580	88	26	an	an	DET
economy-1580	88	27	instantaneously	instantaneously	ADV
economy-1580	88	28	influence	influence	NOUN
economy-1580	88	29	on	on	ADP
economy-1580	88	30	interest	interest	NOUN
economy-1580	88	31	rates	rate	NOUN
economy-1580	88	32	and	and	CCONJ
economy-1580	88	33	then	then	ADV
economy-1580	88	34	propel	propel	VERB
economy-1580	88	35	investors	investor	NOUN
economy-1580	88	36	to	to	PART
economy-1580	88	37	revalue	revalue	VERB
economy-1580	88	38	their	their	PRON
economy-1580	88	39	holdings	holding	NOUN
economy-1580	88	40	in	in	ADP
economy-1580	88	41	equity	equity	NOUN
economy-1580	88	42	.	.	PUNCT
economy-1580	89	1	in	in	ADP
economy-1580	89	2	other	other	ADJ
economy-1580	89	3	words	word	NOUN
economy-1580	89	4	,	,	PUNCT
economy-1580	89	5	the	the	DET
economy-1580	89	6	value	value	NOUN
economy-1580	89	7	of	of	ADP
economy-1580	89	8	investor	investor	NOUN
economy-1580	89	9	’s	’s	PART
economy-1580	89	10	wealth	wealth	NOUN
economy-1580	89	11	(	(	PUNCT
economy-1580	89	12	including	include	VERB
economy-1580	89	13	equity	equity	NOUN
economy-1580	89	14	holdings	holding	NOUN
economy-1580	89	15	)	)	PUNCT
economy-1580	89	16	which	which	PRON
economy-1580	89	17	is	be	AUX
economy-1580	89	18	reflected	reflect	VERB
economy-1580	89	19	in	in	ADP
economy-1580	89	20	the	the	DET
economy-1580	89	21	sum	sum	NOUN
economy-1580	89	22	of	of	ADP
economy-1580	89	23	discounted	discount	VERB
economy-1580	89	24	future	future	ADJ
economy-1580	89	25	cash	cash	NOUN
economy-1580	89	26	flows	flow	NOUN
economy-1580	89	27	(	(	PUNCT
economy-1580	89	28	and/or	and/or	CCONJ
economy-1580	89	29	dividends	dividend	NOUN
economy-1580	89	30	)	)	PUNCT
economy-1580	89	31	,	,	PUNCT
economy-1580	89	32	is	be	AUX
economy-1580	89	33	often	often	ADV
economy-1580	89	34	affected	affect	VERB
economy-1580	89	35	by	by	ADP
economy-1580	89	36	an	an	DET
economy-1580	89	37	expansionary	expansionary	ADJ
economy-1580	89	38	or	or	CCONJ
economy-1580	89	39	contractionary	contractionary	ADJ
economy-1580	89	40	fiscal	fiscal	ADJ
economy-1580	89	41	or	or	CCONJ
economy-1580	89	42	monetary	monetary	ADJ
economy-1580	89	43	policy	policy	NOUN
economy-1580	89	44	either	either	CCONJ
economy-1580	89	45	be	be	AUX
economy-1580	89	46	means	mean	NOUN
economy-1580	89	47	of	of	ADP
economy-1580	89	48	discount	discount	NOUN
economy-1580	89	49	rate	rate	NOUN
economy-1580	89	50	or	or	CCONJ
economy-1580	89	51	expected	expect	VERB
economy-1580	89	52	revenue	revenue	NOUN
economy-1580	89	53	or	or	CCONJ
economy-1580	89	54	both	both	PRON
economy-1580	89	55	.	.	PUNCT
economy-1580	90	1	consequently	consequently	ADV
economy-1580	90	2	,	,	PUNCT
economy-1580	90	3	it	it	PRON
economy-1580	90	4	is	be	AUX
economy-1580	90	5	more	more	ADV
economy-1580	90	6	appropriate	appropriate	ADJ
economy-1580	90	7	to	to	PART
economy-1580	90	8	carry	carry	VERB
economy-1580	90	9	out	out	ADP
economy-1580	90	10	a	a	DET
economy-1580	90	11	concurrent	concurrent	ADJ
economy-1580	90	12	analysis	analysis	NOUN
economy-1580	90	13	of	of	ADP
economy-1580	90	14	both	both	DET
economy-1580	90	15	policies	policy	NOUN
economy-1580	90	16	when	when	SCONJ
economy-1580	90	17	investigating	investigate	VERB
economy-1580	90	18	stock	stock	NOUN
economy-1580	90	19	market	market	NOUN
economy-1580	90	20	activities	activity	NOUN
economy-1580	90	21	.	.	PUNCT
economy-1580	91	1	economy	economy	NOUN
economy-1580	91	2	,	,	PUNCT
economy-1580	91	3	2020	2020	NUM
economy-1580	91	4	,	,	PUNCT
economy-1580	91	5	7(1	7(1	NUM
economy-1580	91	6	):	):	PUNCT
economy-1580	91	7	25	25	NUM
economy-1580	91	8	-	-	SYM
economy-1580	91	9	35	35	NUM
economy-1580	91	10	28	28	NUM
economy-1580	91	11	©	©	ADP
economy-1580	91	12	2020	2020	NUM
economy-1580	91	13	by	by	ADP
economy-1580	91	14	the	the	DET
economy-1580	91	15	authors	author	NOUN
economy-1580	91	16	;	;	PUNCT
economy-1580	91	17	licensee	licensee	PROPN
economy-1580	91	18	asian	asian	ADJ
economy-1580	91	19	online	online	PROPN
economy-1580	91	20	journal	journal	PROPN
economy-1580	91	21	publishing	publishing	NOUN
economy-1580	91	22	group	group	NOUN
economy-1580	91	23	figure-2	figure-2	PROPN
economy-1580	91	24	.	.	PUNCT
economy-1580	92	1	conceptual	conceptual	ADJ
economy-1580	92	2	framework	framework	NOUN
economy-1580	92	3	.	.	PUNCT
economy-1580	93	1	3	3	X
economy-1580	93	2	.	.	X
economy-1580	93	3	theoretical	theoretical	ADJ
economy-1580	93	4	review	review	NOUN
economy-1580	93	5	as	as	SCONJ
economy-1580	93	6	affirmed	affirm	VERB
economy-1580	93	7	by	by	ADP
economy-1580	93	8	agnello	agnello	PROPN
economy-1580	93	9	and	and	CCONJ
economy-1580	93	10	sousa	sousa	PROPN
economy-1580	93	11	(	(	PUNCT
economy-1580	93	12	2010	2010	NUM
economy-1580	93	13	)	)	PUNCT
economy-1580	93	14	;	;	PUNCT
economy-1580	93	15	iacoviello	iacoviello	PROPN
economy-1580	93	16	(	(	PUNCT
economy-1580	93	17	2005	2005	NUM
economy-1580	93	18	)	)	PUNCT
economy-1580	93	19	;	;	PUNCT
economy-1580	93	20	bernanke	bernanke	PROPN
economy-1580	93	21	and	and	CCONJ
economy-1580	93	22	kutner	kutner	PROPN
economy-1580	93	23	(	(	PUNCT
economy-1580	93	24	2005	2005	NUM
economy-1580	93	25	)	)	PUNCT
economy-1580	93	26	monetary	monetary	ADJ
economy-1580	93	27	policy	policy	NOUN
economy-1580	93	28	could	could	AUX
economy-1580	93	29	affect	affect	VERB
economy-1580	93	30	stock	stock	NOUN
economy-1580	93	31	market	market	NOUN
economy-1580	93	32	activities	activity	NOUN
economy-1580	93	33	through	through	ADP
economy-1580	93	34	five	five	NUM
economy-1580	93	35	(	(	PUNCT
economy-1580	93	36	5	5	NUM
economy-1580	93	37	)	)	PUNCT
economy-1580	93	38	fundamental	fundamental	ADJ
economy-1580	93	39	channels	channel	NOUN
economy-1580	93	40	,	,	PUNCT
economy-1580	93	41	viz	viz	NUM
economy-1580	93	42	;	;	PUNCT
economy-1580	93	43	the	the	DET
economy-1580	93	44	,	,	PUNCT
economy-1580	93	45	1	1	X
economy-1580	93	46	)	)	PUNCT
economy-1580	93	47	interest	interest	NOUN
economy-1580	93	48	rates	rate	NOUN
economy-1580	93	49	channel	channel	NOUN
economy-1580	93	50	.	.	PUNCT
economy-1580	94	1	2	2	NUM
economy-1580	94	2	)	)	PUNCT
economy-1580	94	3	credit	credit	NOUN
economy-1580	94	4	channel	channel	NOUN
economy-1580	94	5	.	.	PUNCT
economy-1580	95	1	3	3	X
economy-1580	95	2	)	)	PUNCT
economy-1580	95	3	wealth	wealth	NOUN
economy-1580	95	4	effect	effect	NOUN
economy-1580	95	5	mechanism	mechanism	NOUN
economy-1580	95	6	.	.	PUNCT
economy-1580	96	1	4	4	X
economy-1580	96	2	)	)	PUNCT
economy-1580	96	3	exchange	exchange	NOUN
economy-1580	96	4	rate	rate	NOUN
economy-1580	96	5	channel	channel	NOUN
economy-1580	96	6	.	.	PUNCT
economy-1580	97	1	5	5	NUM
economy-1580	97	2	)	)	PUNCT
economy-1580	97	3	monetary	monetary	ADJ
economy-1580	97	4	mechanism	mechanism	NOUN
economy-1580	97	5	.	.	PUNCT
economy-1580	98	1	the	the	DET
economy-1580	98	2	first	first	ADJ
economy-1580	98	3	channel	channel	NOUN
economy-1580	98	4	of	of	ADP
economy-1580	98	5	monetary	monetary	ADJ
economy-1580	98	6	policy	policy	NOUN
economy-1580	98	7	transmission	transmission	NOUN
economy-1580	98	8	is	be	AUX
economy-1580	98	9	the	the	DET
economy-1580	98	10	interest	interest	NOUN
economy-1580	98	11	rate	rate	NOUN
economy-1580	98	12	channel	channel	NOUN
economy-1580	98	13	which	which	PRON
economy-1580	98	14	is	be	AUX
economy-1580	98	15	hinged	hinge	VERB
economy-1580	98	16	on	on	ADP
economy-1580	98	17	the	the	DET
economy-1580	98	18	keynesian	keynesian	ADJ
economy-1580	98	19	hypothesis	hypothesis	NOUN
economy-1580	98	20	that	that	PRON
economy-1580	98	21	changes	change	VERB
economy-1580	98	22	in	in	ADP
economy-1580	98	23	in	in	ADP
economy-1580	98	24	interest	interest	NOUN
economy-1580	98	25	rate	rate	NOUN
economy-1580	98	26	could	could	AUX
economy-1580	98	27	affect	affect	VERB
economy-1580	98	28	cost	cost	NOUN
economy-1580	98	29	of	of	ADP
economy-1580	98	30	capital	capital	NOUN
economy-1580	98	31	,	,	PUNCT
economy-1580	98	32	thereby	thereby	ADV
economy-1580	98	33	causing	cause	VERB
economy-1580	98	34	alterations	alteration	NOUN
economy-1580	98	35	to	to	PART
economy-1580	98	36	present	present	ADJ
economy-1580	98	37	value	value	NOUN
economy-1580	98	38	of	of	ADP
economy-1580	98	39	expected	expect	VERB
economy-1580	98	40	cash	cash	NOUN
economy-1580	98	41	flows	flow	NOUN
economy-1580	98	42	of	of	ADP
economy-1580	98	43	corporate	corporate	ADJ
economy-1580	98	44	organizations	organization	NOUN
economy-1580	98	45	in	in	ADP
economy-1580	98	46	the	the	DET
economy-1580	98	47	future	future	NOUN
economy-1580	98	48	.	.	PUNCT
economy-1580	99	1	this	this	PRON
economy-1580	99	2	implies	imply	VERB
economy-1580	99	3	that	that	SCONJ
economy-1580	99	4	upward	upward	ADJ
economy-1580	99	5	trend	trend	NOUN
economy-1580	99	6	in	in	ADP
economy-1580	99	7	interest	interest	NOUN
economy-1580	99	8	rates	rate	NOUN
economy-1580	99	9	might	might	AUX
economy-1580	99	10	provoke	provoke	VERB
economy-1580	99	11	a	a	DET
economy-1580	99	12	downward	downward	ADJ
economy-1580	99	13	trend	trend	NOUN
economy-1580	99	14	in	in	ADP
economy-1580	99	15	firms	firm	NOUN
economy-1580	99	16	’	’	PART
economy-1580	99	17	cash	cash	NOUN
economy-1580	99	18	flows	flow	NOUN
economy-1580	99	19	,	,	PUNCT
economy-1580	99	20	hence	hence	ADV
economy-1580	99	21	resulting	result	VERB
economy-1580	99	22	to	to	ADP
economy-1580	99	23	lower	low	ADJ
economy-1580	99	24	liquidity	liquidity	NOUN
economy-1580	99	25	and	and	CCONJ
economy-1580	99	26	stock	stock	NOUN
economy-1580	99	27	prices	price	NOUN
economy-1580	99	28	.	.	PUNCT
economy-1580	100	1	the	the	DET
economy-1580	100	2	second	second	ADJ
economy-1580	100	3	channel	channel	NOUN
economy-1580	100	4	,	,	PUNCT
economy-1580	100	5	which	which	PRON
economy-1580	100	6	the	the	DET
economy-1580	100	7	wealth	wealth	NOUN
economy-1580	100	8	effect	effect	NOUN
economy-1580	100	9	mechanism	mechanism	NOUN
economy-1580	100	10	encapsulates	encapsulate	VERB
economy-1580	100	11	an	an	DET
economy-1580	100	12	indirect	indirect	ADJ
economy-1580	100	13	transmission	transmission	NOUN
economy-1580	100	14	mechanism	mechanism	NOUN
economy-1580	100	15	of	of	ADP
economy-1580	100	16	monetary	monetary	ADJ
economy-1580	100	17	policy	policy	NOUN
economy-1580	100	18	based	base	VERB
economy-1580	100	19	on	on	ADP
economy-1580	100	20	interest	interest	NOUN
economy-1580	100	21	rate	rate	NOUN
economy-1580	100	22	adjustment	adjustment	NOUN
economy-1580	100	23	.	.	PUNCT
economy-1580	101	1	this	this	DET
economy-1580	101	2	channel	channel	NOUN
economy-1580	101	3	sees	see	VERB
economy-1580	101	4	deliberate	deliberate	ADJ
economy-1580	101	5	changes	change	NOUN
economy-1580	101	6	to	to	ADP
economy-1580	101	7	interest	interest	NOUN
economy-1580	101	8	rate	rate	NOUN
economy-1580	101	9	by	by	ADP
economy-1580	101	10	monetary	monetary	ADJ
economy-1580	101	11	authorities	authority	NOUN
economy-1580	101	12	as	as	ADP
economy-1580	101	13	a	a	DET
economy-1580	101	14	means	means	NOUN
economy-1580	101	15	through	through	ADP
economy-1580	101	16	which	which	PRON
economy-1580	101	17	investments	investment	NOUN
economy-1580	101	18	as	as	ADV
economy-1580	101	19	well	well	ADV
economy-1580	101	20	as	as	ADP
economy-1580	101	21	stock	stock	NOUN
economy-1580	101	22	market	market	NOUN
economy-1580	101	23	liquidity	liquidity	NOUN
economy-1580	101	24	can	can	AUX
economy-1580	101	25	be	be	AUX
economy-1580	101	26	controlled	control	VERB
economy-1580	101	27	.	.	PUNCT
economy-1580	102	1	here	here	ADV
economy-1580	102	2	,	,	PUNCT
economy-1580	102	3	swings	swing	NOUN
economy-1580	102	4	in	in	ADP
economy-1580	102	5	corporate	corporate	ADJ
economy-1580	102	6	investments	investment	NOUN
economy-1580	102	7	would	would	AUX
economy-1580	102	8	likely	likely	ADV
economy-1580	102	9	alter	alter	VERB
economy-1580	102	10	firms	firm	NOUN
economy-1580	102	11	’	’	PART
economy-1580	102	12	market	market	NOUN
economy-1580	102	13	value	value	NOUN
economy-1580	102	14	as	as	ADV
economy-1580	102	15	well	well	ADV
economy-1580	102	16	as	as	ADP
economy-1580	102	17	their	their	PRON
economy-1580	102	18	future	future	ADJ
economy-1580	102	19	financial	financial	ADJ
economy-1580	102	20	status	status	NOUN
economy-1580	102	21	.	.	PUNCT
economy-1580	103	1	specifically	specifically	ADV
economy-1580	103	2	,	,	PUNCT
economy-1580	103	3	the	the	DET
economy-1580	103	4	credit	credit	NOUN
economy-1580	103	5	mechanism	mechanism	NOUN
economy-1580	103	6	offers	offer	VERB
economy-1580	103	7	explanations	explanation	NOUN
economy-1580	103	8	that	that	SCONJ
economy-1580	103	9	additional	additional	ADJ
economy-1580	103	10	investments	investment	NOUN
economy-1580	103	11	induces	induce	VERB
economy-1580	103	12	increment	increment	NOUN
economy-1580	103	13	in	in	ADP
economy-1580	103	14	future	future	ADJ
economy-1580	103	15	cash	cash	NOUN
economy-1580	103	16	flows	flow	NOUN
economy-1580	103	17	,	,	PUNCT
economy-1580	103	18	hence	hence	ADV
economy-1580	103	19	accelerating	accelerate	VERB
economy-1580	103	20	the	the	DET
economy-1580	103	21	market	market	NOUN
economy-1580	103	22	value	value	NOUN
economy-1580	103	23	of	of	ADP
economy-1580	103	24	firms	firm	NOUN
economy-1580	103	25	listed	list	VERB
economy-1580	103	26	in	in	ADP
economy-1580	103	27	the	the	DET
economy-1580	103	28	stock	stock	NOUN
economy-1580	103	29	market	market	NOUN
economy-1580	103	30	which	which	PRON
economy-1580	103	31	in	in	ADP
economy-1580	103	32	turn	turn	NOUN
economy-1580	103	33	spurs	spur	VERB
economy-1580	103	34	stock	stock	NOUN
economy-1580	103	35	market	market	NOUN
economy-1580	103	36	liquidity	liquidity	NOUN
economy-1580	103	37	(	(	PUNCT
economy-1580	103	38	onoh	onoh	PROPN
economy-1580	103	39	,	,	PUNCT
economy-1580	103	40	2016	2016	NUM
economy-1580	103	41	)	)	PUNCT
economy-1580	103	42	.	.	PUNCT
economy-1580	104	1	on	on	ADP
economy-1580	104	2	the	the	DET
economy-1580	104	3	other	other	ADJ
economy-1580	104	4	hand	hand	NOUN
economy-1580	104	5	,	,	PUNCT
economy-1580	104	6	the	the	DET
economy-1580	104	7	third	third	ADJ
economy-1580	104	8	channel	channel	NOUN
economy-1580	104	9	which	which	PRON
economy-1580	104	10	examined	examine	VERB
economy-1580	104	11	the	the	DET
economy-1580	104	12	wealth	wealth	NOUN
economy-1580	104	13	effect	effect	NOUN
economy-1580	104	14	mechanism	mechanism	NOUN
economy-1580	104	15	opined	opine	VERB
economy-1580	104	16	that	that	SCONJ
economy-1580	104	17	the	the	DET
economy-1580	104	18	ability	ability	NOUN
economy-1580	104	19	to	to	PART
economy-1580	104	20	influence	influence	VERB
economy-1580	104	21	stock	stock	NOUN
economy-1580	104	22	market	market	NOUN
economy-1580	104	23	prices	price	NOUN
economy-1580	104	24	centres	centre	VERB
economy-1580	104	25	on	on	ADP
economy-1580	104	26	the	the	DET
economy-1580	104	27	fact	fact	NOUN
economy-1580	104	28	that	that	SCONJ
economy-1580	104	29	higher	high	ADJ
economy-1580	104	30	interest	interest	NOUN
economy-1580	104	31	rates	rate	NOUN
economy-1580	104	32	causes	cause	VERB
economy-1580	104	33	stock	stock	NOUN
economy-1580	104	34	prices	price	NOUN
economy-1580	104	35	to	to	PART
economy-1580	104	36	fall	fall	VERB
economy-1580	104	37	which	which	PRON
economy-1580	104	38	automatically	automatically	ADV
economy-1580	104	39	transmit	transmit	VERB
economy-1580	104	40	to	to	ADP
economy-1580	104	41	low	low	ADJ
economy-1580	104	42	market	market	NOUN
economy-1580	104	43	liquidity	liquidity	NOUN
economy-1580	104	44	.	.	PUNCT
economy-1580	105	1	also	also	ADV
economy-1580	105	2	,	,	PUNCT
economy-1580	105	3	the	the	DET
economy-1580	105	4	exchange	exchange	NOUN
economy-1580	105	5	rate	rate	NOUN
economy-1580	105	6	channel	channel	NOUN
economy-1580	105	7	explains	explain	VERB
economy-1580	105	8	that	that	SCONJ
economy-1580	105	9	increased	increase	VERB
economy-1580	105	10	interest	interest	NOUN
economy-1580	105	11	rate	rate	NOUN
economy-1580	105	12	induces	induce	VERB
economy-1580	105	13	appreciation	appreciation	NOUN
economy-1580	105	14	of	of	ADP
economy-1580	105	15	domestic	domestic	ADJ
economy-1580	105	16	exchange	exchange	NOUN
economy-1580	105	17	rate	rate	NOUN
economy-1580	105	18	,	,	PUNCT
economy-1580	105	19	thus	thus	ADV
economy-1580	105	20	leading	lead	VERB
economy-1580	105	21	to	to	ADP
economy-1580	105	22	higher	high	ADJ
economy-1580	105	23	imports	import	NOUN
economy-1580	105	24	and	and	CCONJ
economy-1580	105	25	lower	low	ADJ
economy-1580	105	26	exports	export	NOUN
economy-1580	105	27	which	which	PRON
economy-1580	105	28	negatively	negatively	ADV
economy-1580	105	29	influence	influence	VERB
economy-1580	105	30	the	the	DET
economy-1580	105	31	stock	stock	NOUN
economy-1580	105	32	market	market	NOUN
economy-1580	105	33	liquidity	liquidity	NOUN
economy-1580	105	34	.	.	PUNCT
economy-1580	106	1	also	also	ADV
economy-1580	106	2	,	,	PUNCT
economy-1580	106	3	the	the	DET
economy-1580	106	4	fifth	fifth	ADJ
economy-1580	106	5	approach	approach	NOUN
economy-1580	106	6	is	be	AUX
economy-1580	106	7	the	the	DET
economy-1580	106	8	monetary	monetary	ADJ
economy-1580	106	9	mechanism	mechanism	NOUN
economy-1580	106	10	which	which	PRON
economy-1580	106	11	is	be	AUX
economy-1580	106	12	based	base	VERB
economy-1580	106	13	on	on	ADP
economy-1580	106	14	the	the	DET
economy-1580	106	15	tobin	tobin	NOUN
economy-1580	106	16	's	's	PART
economy-1580	106	17	q	q	NOUN
economy-1580	106	18	theory	theory	NOUN
economy-1580	106	19	of	of	ADP
economy-1580	106	20	investments	investment	NOUN
economy-1580	106	21	observed	observe	VERB
economy-1580	106	22	that	that	SCONJ
economy-1580	106	23	increased	increase	VERB
economy-1580	106	24	interest	interest	NOUN
economy-1580	106	25	rates	rate	NOUN
economy-1580	106	26	will	will	AUX
economy-1580	106	27	result	result	VERB
economy-1580	106	28	to	to	PART
economy-1580	106	29	decrease	decrease	VERB
economy-1580	106	30	in	in	ADP
economy-1580	106	31	stock	stock	NOUN
economy-1580	106	32	valuation	valuation	NOUN
economy-1580	106	33	thereby	thereby	ADV
economy-1580	106	34	shifting	shift	VERB
economy-1580	106	35	liquidity	liquidity	NOUN
economy-1580	106	36	from	from	ADP
economy-1580	106	37	the	the	DET
economy-1580	106	38	stock	stock	NOUN
economy-1580	106	39	markets	market	NOUN
economy-1580	106	40	to	to	ADP
economy-1580	106	41	the	the	DET
economy-1580	106	42	bond	bond	NOUN
economy-1580	106	43	market	market	NOUN
economy-1580	106	44	thereby	thereby	ADV
economy-1580	106	45	causing	cause	VERB
economy-1580	106	46	stock	stock	NOUN
economy-1580	106	47	prices	price	NOUN
economy-1580	106	48	to	to	PART
economy-1580	106	49	fall	fall	VERB
economy-1580	106	50	.	.	PUNCT
economy-1580	107	1	on	on	ADP
economy-1580	107	2	the	the	DET
economy-1580	107	3	other	other	ADJ
economy-1580	107	4	hand	hand	NOUN
economy-1580	107	5	,	,	PUNCT
economy-1580	107	6	the	the	DET
economy-1580	107	7	theoretical	theoretical	ADJ
economy-1580	107	8	stance	stance	NOUN
economy-1580	107	9	through	through	ADP
economy-1580	107	10	which	which	PRON
economy-1580	107	11	fiscal	fiscal	ADJ
economy-1580	107	12	policy	policy	NOUN
economy-1580	107	13	actions	action	NOUN
economy-1580	107	14	affect	affect	VERB
economy-1580	107	15	activities	activity	NOUN
economy-1580	107	16	of	of	ADP
economy-1580	107	17	a	a	DET
economy-1580	107	18	stock	stock	NOUN
economy-1580	107	19	market	market	NOUN
economy-1580	107	20	follows	follow	VERB
economy-1580	107	21	three	three	NUM
economy-1580	107	22	major	major	ADJ
economy-1580	107	23	hypotheses	hypothesis	NOUN
economy-1580	107	24	,	,	PUNCT
economy-1580	107	25	namely	namely	ADV
economy-1580	107	26	,	,	PUNCT
economy-1580	107	27	the	the	DET
economy-1580	107	28	;	;	PUNCT
economy-1580	107	29	1	1	X
economy-1580	107	30	)	)	PUNCT
economy-1580	107	31	keynesian	keynesian	ADJ
economy-1580	107	32	positive	positive	ADJ
economy-1580	107	33	effect	effect	NOUN
economy-1580	107	34	.	.	PUNCT
economy-1580	108	1	2	2	X
economy-1580	108	2	)	)	PUNCT
economy-1580	108	3	classical	classical	NOUN
economy-1580	108	4	crowding	crowd	VERB
economy-1580	108	5	out	out	ADP
economy-1580	108	6	effect	effect	NOUN
economy-1580	108	7	.	.	PUNCT
economy-1580	109	1	3	3	X
economy-1580	109	2	)	)	PUNCT
economy-1580	109	3	richardian	richardian	ADJ
economy-1580	109	4	neutrality	neutrality	NOUN
economy-1580	109	5	hypothesis	hypothesis	NOUN
economy-1580	109	6	.	.	PUNCT
economy-1580	110	1	the	the	DET
economy-1580	110	2	keynesian	keynesian	ADJ
economy-1580	110	3	theoretical	theoretical	ADJ
economy-1580	110	4	foundation	foundation	NOUN
economy-1580	110	5	centres	centre	NOUN
economy-1580	110	6	on	on	ADP
economy-1580	110	7	the	the	DET
economy-1580	110	8	application	application	NOUN
economy-1580	110	9	of	of	ADP
economy-1580	110	10	automatic	automatic	ADJ
economy-1580	110	11	and	and	CCONJ
economy-1580	110	12	discretionary	discretionary	ADJ
economy-1580	110	13	stabilizing	stabilizing	NOUN
economy-1580	110	14	measures	measure	NOUN
economy-1580	110	15	by	by	ADP
economy-1580	110	16	fiscal	fiscal	ADJ
economy-1580	110	17	authorities	authority	NOUN
economy-1580	110	18	in	in	ADP
economy-1580	110	19	such	such	DET
economy-1580	110	20	a	a	DET
economy-1580	110	21	manner	manner	NOUN
economy-1580	110	22	that	that	PRON
economy-1580	110	23	propels	propel	VERB
economy-1580	110	24	aggregate	aggregate	ADJ
economy-1580	110	25	consumption	consumption	NOUN
economy-1580	110	26	,	,	PUNCT
economy-1580	110	27	boosts	boost	VERB
economy-1580	110	28	economic	economic	ADJ
economy-1580	110	29	productivity	productivity	NOUN
economy-1580	110	30	as	as	ADV
economy-1580	110	31	well	well	ADV
economy-1580	110	32	as	as	ADP
economy-1580	110	33	accelerate	accelerate	VERB
economy-1580	110	34	stock	stock	NOUN
economy-1580	110	35	returns	return	NOUN
economy-1580	110	36	.	.	PUNCT
economy-1580	111	1	this	this	DET
economy-1580	111	2	hypothesis	hypothesis	NOUN
economy-1580	111	3	is	be	AUX
economy-1580	111	4	based	base	VERB
economy-1580	111	5	on	on	ADP
economy-1580	111	6	the	the	DET
economy-1580	111	7	notion	notion	NOUN
economy-1580	111	8	that	that	SCONJ
economy-1580	111	9	fiscal	fiscal	ADJ
economy-1580	111	10	policy	policy	NOUN
economy-1580	111	11	instruments	instrument	NOUN
economy-1580	111	12	(	(	PUNCT
economy-1580	111	13	government	government	NOUN
economy-1580	111	14	tax	tax	NOUN
economy-1580	111	15	revenue	revenue	NOUN
economy-1580	111	16	and	and	CCONJ
economy-1580	111	17	expenditures	expenditure	NOUN
economy-1580	111	18	)	)	PUNCT
economy-1580	111	19	positively	positively	ADV
economy-1580	111	20	affect	affect	VERB
economy-1580	111	21	the	the	DET
economy-1580	111	22	stock	stock	NOUN
economy-1580	111	23	market	market	NOUN
economy-1580	111	24	.	.	PUNCT
economy-1580	112	1	hence	hence	ADV
economy-1580	112	2	,	,	PUNCT
economy-1580	112	3	policy	policy	NOUN
economy-1580	112	4	makers	maker	NOUN
economy-1580	112	5	utilize	utilize	VERB
economy-1580	112	6	budget	budget	NOUN
economy-1580	112	7	deficit	deficit	NOUN
economy-1580	112	8	,	,	PUNCT
economy-1580	112	9	taxes	taxis	NOUN
economy-1580	112	10	as	as	ADV
economy-1580	112	11	well	well	ADV
economy-1580	112	12	as	as	ADP
economy-1580	112	13	other	other	ADJ
economy-1580	112	14	discretionary	discretionary	ADJ
economy-1580	112	15	measures	measure	NOUN
economy-1580	112	16	to	to	PART
economy-1580	112	17	alter	alter	VERB
economy-1580	112	18	the	the	DET
economy-1580	112	19	prevailing	prevail	VERB
economy-1580	112	20	interest	interest	NOUN
economy-1580	112	21	rate	rate	NOUN
economy-1580	112	22	,	,	PUNCT
economy-1580	112	23	thereby	thereby	ADV
economy-1580	112	24	causing	cause	VERB
economy-1580	112	25	significant	significant	ADJ
economy-1580	112	26	improvement	improvement	NOUN
economy-1580	112	27	in	in	ADP
economy-1580	112	28	stock	stock	NOUN
economy-1580	112	29	market	market	NOUN
economy-1580	112	30	performance	performance	NOUN
economy-1580	112	31	.	.	PUNCT
economy-1580	113	1	regarding	regard	VERB
economy-1580	113	2	the	the	DET
economy-1580	113	3	classical	classical	ADJ
economy-1580	113	4	crowding	crowd	VERB
economy-1580	113	5	out	out	ADP
economy-1580	113	6	effect	effect	NOUN
economy-1580	113	7	,	,	PUNCT
economy-1580	113	8	it	it	PRON
economy-1580	113	9	is	be	AUX
economy-1580	113	10	believed	believe	VERB
economy-1580	113	11	that	that	SCONJ
economy-1580	113	12	the	the	DET
economy-1580	113	13	adverse	adverse	ADJ
economy-1580	113	14	effects	effect	NOUN
economy-1580	113	15	of	of	ADP
economy-1580	113	16	fiscal	fiscal	ADJ
economy-1580	113	17	policy	policy	NOUN
economy-1580	113	18	instruments	instrument	NOUN
economy-1580	113	19	on	on	ADP
economy-1580	113	20	the	the	DET
economy-1580	113	21	real	real	ADJ
economy-1580	113	22	economy	economy	NOUN
economy-1580	113	23	is	be	AUX
economy-1580	113	24	transmitted	transmit	VERB
economy-1580	113	25	to	to	ADP
economy-1580	113	26	the	the	DET
economy-1580	113	27	stock	stock	NOUN
economy-1580	113	28	market	market	NOUN
economy-1580	113	29	.	.	PUNCT
economy-1580	114	1	this	this	DET
economy-1580	114	2	hypothesis	hypothesis	NOUN
economy-1580	114	3	shows	show	VERB
economy-1580	114	4	that	that	SCONJ
economy-1580	114	5	instruments	instrument	NOUN
economy-1580	114	6	of	of	ADP
economy-1580	114	7	fiscal	fiscal	ADJ
economy-1580	114	8	policy	policy	NOUN
economy-1580	114	9	could	could	AUX
economy-1580	114	10	potentially	potentially	ADV
economy-1580	114	11	crowd	crowd	VERB
economy-1580	114	12	out	out	ADP
economy-1580	114	13	loans	loan	NOUN
economy-1580	114	14	in	in	ADP
economy-1580	114	15	the	the	DET
economy-1580	114	16	financial	financial	ADJ
economy-1580	114	17	markets	market	NOUN
economy-1580	114	18	and	and	CCONJ
economy-1580	114	19	hinder	hinder	VERB
economy-1580	114	20	private	private	ADJ
economy-1580	114	21	sector	sector	NOUN
economy-1580	114	22	investments	investment	NOUN
economy-1580	114	23	,	,	PUNCT
economy-1580	114	24	thereby	thereby	ADV
economy-1580	114	25	having	have	VERB
economy-1580	114	26	inverse	inverse	ADJ
economy-1580	114	27	effects	effect	NOUN
economy-1580	114	28	on	on	ADP
economy-1580	114	29	stock	stock	NOUN
economy-1580	114	30	prices	price	NOUN
economy-1580	114	31	which	which	PRON
economy-1580	114	32	could	could	AUX
economy-1580	114	33	also	also	ADV
economy-1580	114	34	affect	affect	VERB
economy-1580	114	35	liquidity	liquidity	NOUN
economy-1580	114	36	.	.	PUNCT
economy-1580	115	1	economy	economy	NOUN
economy-1580	115	2	,	,	PUNCT
economy-1580	115	3	2020	2020	NUM
economy-1580	115	4	,	,	PUNCT
economy-1580	115	5	7(1	7(1	NUM
economy-1580	115	6	):	):	PUNCT
economy-1580	115	7	25	25	NUM
economy-1580	115	8	-	-	SYM
economy-1580	115	9	35	35	NUM
economy-1580	115	10	29	29	NUM
economy-1580	115	11	©	©	ADP
economy-1580	115	12	2020	2020	NUM
economy-1580	115	13	by	by	ADP
economy-1580	115	14	the	the	DET
economy-1580	115	15	authors	author	NOUN
economy-1580	115	16	;	;	PUNCT
economy-1580	115	17	licensee	licensee	PROPN
economy-1580	115	18	asian	asian	ADJ
economy-1580	115	19	online	online	PROPN
economy-1580	115	20	journal	journal	PROPN
economy-1580	115	21	publishing	publishing	NOUN
economy-1580	115	22	group	group	NOUN
economy-1580	115	23	with	with	ADP
economy-1580	115	24	respect	respect	NOUN
economy-1580	115	25	to	to	ADP
economy-1580	115	26	the	the	DET
economy-1580	115	27	richardian	richardian	ADJ
economy-1580	115	28	neutrality	neutrality	NOUN
economy-1580	115	29	hypothesis	hypothesis	NOUN
economy-1580	115	30	,	,	PUNCT
economy-1580	115	31	takes	take	VERB
economy-1580	115	32	a	a	DET
economy-1580	115	33	mid	mid	ADJ
economy-1580	115	34	-	-	ADJ
economy-1580	115	35	point	point	ADJ
economy-1580	115	36	approach	approach	NOUN
economy-1580	115	37	to	to	ADP
economy-1580	115	38	affirm	affirm	NOUN
economy-1580	115	39	that	that	SCONJ
economy-1580	115	40	fiscal	fiscal	ADJ
economy-1580	115	41	policy	policy	NOUN
economy-1580	115	42	has	have	VERB
economy-1580	115	43	no	no	DET
economy-1580	115	44	individual	individual	ADJ
economy-1580	115	45	ability	ability	NOUN
economy-1580	115	46	to	to	PART
economy-1580	115	47	effectively	effectively	ADV
economy-1580	115	48	influence	influence	VERB
economy-1580	115	49	the	the	DET
economy-1580	115	50	behaviour	behaviour	NOUN
economy-1580	115	51	of	of	ADP
economy-1580	115	52	stock	stock	NOUN
economy-1580	115	53	markets	market	NOUN
economy-1580	115	54	and	and	CCONJ
economy-1580	115	55	other	other	ADJ
economy-1580	115	56	components	component	NOUN
economy-1580	115	57	of	of	ADP
economy-1580	115	58	the	the	DET
economy-1580	115	59	financial	financial	ADJ
economy-1580	115	60	sector	sector	NOUN
economy-1580	115	61	in	in	ADP
economy-1580	115	62	an	an	DET
economy-1580	115	63	economy	economy	NOUN
economy-1580	115	64	with	with	ADP
economy-1580	115	65	inadequate	inadequate	ADJ
economy-1580	115	66	input	input	NOUN
economy-1580	115	67	from	from	ADP
economy-1580	115	68	instruments	instrument	NOUN
economy-1580	115	69	of	of	ADP
economy-1580	115	70	monetary	monetary	ADJ
economy-1580	115	71	policy	policy	NOUN
economy-1580	115	72	.	.	PUNCT
economy-1580	116	1	the	the	DET
economy-1580	116	2	richardian	richardian	ADJ
economy-1580	116	3	neutrality	neutrality	NOUN
economy-1580	116	4	hypothesis	hypothesis	NOUN
economy-1580	116	5	further	far	ADV
economy-1580	116	6	states	state	VERB
economy-1580	116	7	that	that	SCONJ
economy-1580	116	8	the	the	DET
economy-1580	116	9	ability	ability	NOUN
economy-1580	116	10	of	of	ADP
economy-1580	116	11	fiscal	fiscal	ADJ
economy-1580	116	12	policy	policy	NOUN
economy-1580	116	13	to	to	PART
economy-1580	116	14	drive	drive	VERB
economy-1580	116	15	aggregate	aggregate	ADJ
economy-1580	116	16	demand	demand	NOUN
economy-1580	116	17	is	be	AUX
economy-1580	116	18	hindered	hinder	VERB
economy-1580	116	19	due	due	ADP
economy-1580	116	20	to	to	ADP
economy-1580	116	21	disequilibrium	disequilibrium	NOUN
economy-1580	116	22	position	position	NOUN
economy-1580	116	23	existing	exist	VERB
economy-1580	116	24	between	between	ADP
economy-1580	116	25	public	public	ADJ
economy-1580	116	26	debt	debt	NOUN
economy-1580	116	27	and	and	CCONJ
economy-1580	116	28	private	private	ADJ
economy-1580	116	29	savings	saving	NOUN
economy-1580	116	30	of	of	ADP
economy-1580	116	31	rational	rational	ADJ
economy-1580	116	32	households	household	NOUN
economy-1580	116	33	.	.	PUNCT
economy-1580	117	1	4	4	X
economy-1580	117	2	.	.	X
economy-1580	117	3	empirical	empirical	ADJ
economy-1580	117	4	review	review	NOUN
economy-1580	117	5	the	the	DET
economy-1580	117	6	collective	collective	ADJ
economy-1580	117	7	effect	effect	NOUN
economy-1580	117	8	of	of	ADP
economy-1580	117	9	fiscal	fiscal	ADJ
economy-1580	117	10	-	-	PUNCT
economy-1580	117	11	monetary	monetary	ADJ
economy-1580	117	12	policies	policy	NOUN
economy-1580	117	13	on	on	ADP
economy-1580	117	14	stock	stock	NOUN
economy-1580	117	15	markets	market	NOUN
economy-1580	117	16	have	have	AUX
economy-1580	117	17	been	be	AUX
economy-1580	117	18	well	well	ADV
economy-1580	117	19	established	establish	VERB
economy-1580	117	20	by	by	ADP
economy-1580	117	21	prior	prior	ADJ
economy-1580	117	22	empirical	empirical	ADJ
economy-1580	117	23	works	work	NOUN
economy-1580	117	24	in	in	ADP
economy-1580	117	25	recent	recent	ADJ
economy-1580	117	26	years	year	NOUN
economy-1580	117	27	.	.	PUNCT
economy-1580	118	1	nwaogwugwu	nwaogwugwu	PROPN
economy-1580	118	2	(	(	PUNCT
economy-1580	118	3	2018	2018	NUM
economy-1580	118	4	)	)	PUNCT
economy-1580	118	5	analyzed	analyze	VERB
economy-1580	118	6	the	the	DET
economy-1580	118	7	impact	impact	NOUN
economy-1580	118	8	of	of	ADP
economy-1580	118	9	macroeconomic	macroeconomic	ADJ
economy-1580	118	10	policies	policy	NOUN
economy-1580	118	11	on	on	ADP
economy-1580	118	12	stock	stock	NOUN
economy-1580	118	13	market	market	NOUN
economy-1580	118	14	behavior	behavior	NOUN
economy-1580	118	15	in	in	ADP
economy-1580	118	16	nigeria	nigeria	PROPN
economy-1580	118	17	with	with	ADP
economy-1580	118	18	the	the	DET
economy-1580	118	19	aid	aid	NOUN
economy-1580	118	20	of	of	ADP
economy-1580	118	21	ardl	ardl	NOUN
economy-1580	118	22	bounds	bound	NOUN
economy-1580	118	23	testing	testing	NOUN
economy-1580	118	24	approach	approach	NOUN
economy-1580	118	25	.	.	PUNCT
economy-1580	119	1	the	the	DET
economy-1580	119	2	findings	finding	NOUN
economy-1580	119	3	showed	show	VERB
economy-1580	119	4	that	that	SCONJ
economy-1580	119	5	money	money	NOUN
economy-1580	119	6	supply	supply	NOUN
economy-1580	119	7	,	,	PUNCT
economy-1580	119	8	interest	interest	NOUN
economy-1580	119	9	rate	rate	NOUN
economy-1580	119	10	,	,	PUNCT
economy-1580	119	11	government	government	NOUN
economy-1580	119	12	spending	spending	NOUN
economy-1580	119	13	and	and	CCONJ
economy-1580	119	14	taxation	taxation	NOUN
economy-1580	119	15	had	have	VERB
economy-1580	119	16	statistically	statistically	ADV
economy-1580	119	17	significant	significant	ADJ
economy-1580	119	18	impact	impact	NOUN
economy-1580	119	19	on	on	ADP
economy-1580	119	20	the	the	DET
economy-1580	119	21	stock	stock	NOUN
economy-1580	119	22	market	market	NOUN
economy-1580	119	23	in	in	ADP
economy-1580	119	24	the	the	DET
economy-1580	119	25	short	short	ADJ
economy-1580	119	26	and	and	CCONJ
economy-1580	119	27	the	the	DET
economy-1580	119	28	long	long	ADV
economy-1580	119	29	-	-	PUNCT
economy-1580	119	30	run	run	NOUN
economy-1580	119	31	.	.	PUNCT
economy-1580	120	1	similarly	similarly	ADV
economy-1580	120	2	,	,	PUNCT
economy-1580	120	3	isola	isola	PROPN
economy-1580	120	4	et	et	PROPN
economy-1580	120	5	al	al	PROPN
economy-1580	120	6	.	.	PROPN
economy-1580	121	1	(	(	PUNCT
economy-1580	121	2	2018	2018	NUM
economy-1580	121	3	)	)	PUNCT
economy-1580	121	4	examined	examine	VERB
economy-1580	121	5	the	the	DET
economy-1580	121	6	impact	impact	NOUN
economy-1580	121	7	of	of	ADP
economy-1580	121	8	fiscal	fiscal	ADJ
economy-1580	121	9	and	and	CCONJ
economy-1580	121	10	monetary	monetary	ADJ
economy-1580	121	11	policies	policy	NOUN
economy-1580	121	12	on	on	ADP
economy-1580	121	13	stock	stock	NOUN
economy-1580	121	14	market	market	NOUN
economy-1580	121	15	behaviour	behaviour	NOUN
economy-1580	121	16	using	use	VERB
economy-1580	121	17	monthly	monthly	ADJ
economy-1580	121	18	data	datum	NOUN
economy-1580	121	19	and	and	CCONJ
economy-1580	121	20	ardl	ardl	NOUN
economy-1580	121	21	estimation	estimation	NOUN
economy-1580	121	22	technique	technique	NOUN
economy-1580	121	23	.	.	PUNCT
economy-1580	122	1	the	the	DET
economy-1580	122	2	results	result	NOUN
economy-1580	122	3	showed	show	VERB
economy-1580	122	4	that	that	SCONJ
economy-1580	122	5	the	the	DET
economy-1580	122	6	interaction	interaction	NOUN
economy-1580	122	7	between	between	ADP
economy-1580	122	8	the	the	DET
economy-1580	122	9	two	two	NUM
economy-1580	122	10	economic	economic	ADJ
economy-1580	122	11	policies	policy	NOUN
economy-1580	122	12	influenced	influence	VERB
economy-1580	122	13	stock	stock	NOUN
economy-1580	122	14	returns	return	NOUN
economy-1580	122	15	in	in	ADP
economy-1580	122	16	nigeria	nigeria	PROPN
economy-1580	122	17	.	.	PUNCT
economy-1580	123	1	the	the	DET
economy-1580	123	2	ardl	ardl	NOUN
economy-1580	123	3	estimation	estimation	NOUN
economy-1580	123	4	showed	show	VERB
economy-1580	123	5	evidence	evidence	NOUN
economy-1580	123	6	of	of	ADP
economy-1580	123	7	long	long	ADJ
economy-1580	123	8	-	-	PUNCT
economy-1580	123	9	run	run	NOUN
economy-1580	123	10	relationship	relationship	NOUN
economy-1580	123	11	between	between	ADP
economy-1580	123	12	stock	stock	NOUN
economy-1580	123	13	returns	return	NOUN
economy-1580	123	14	and	and	CCONJ
economy-1580	123	15	monetary	monetary	ADJ
economy-1580	123	16	-	-	PUNCT
economy-1580	123	17	fiscal	fiscal	ADJ
economy-1580	123	18	policy	policy	NOUN
economy-1580	123	19	mix	mix	NOUN
economy-1580	123	20	.	.	PUNCT
economy-1580	124	1	also	also	ADV
economy-1580	124	2	,	,	PUNCT
economy-1580	124	3	orekoya	orekoya	PROPN
economy-1580	124	4	(	(	PUNCT
economy-1580	124	5	2017	2017	NUM
economy-1580	124	6	)	)	PUNCT
economy-1580	124	7	applied	apply	VERB
economy-1580	124	8	structural	structural	ADJ
economy-1580	124	9	var	var	NOUN
economy-1580	124	10	on	on	ADP
economy-1580	124	11	quarterly	quarterly	ADJ
economy-1580	124	12	time	time	NOUN
economy-1580	124	13	series	series	PROPN
economy-1580	124	14	data	datum	NOUN
economy-1580	124	15	from	from	ADP
economy-1580	124	16	1990q1	1990q1	NUM
economy-1580	124	17	to	to	ADP
economy-1580	124	18	2016q4	2016q4	PROPN
economy-1580	124	19	to	to	PART
economy-1580	124	20	analyzed	analyze	VERB
economy-1580	124	21	the	the	DET
economy-1580	124	22	interacting	interact	VERB
economy-1580	124	23	impact	impact	NOUN
economy-1580	124	24	of	of	ADP
economy-1580	124	25	fiscal	fiscal	ADJ
economy-1580	124	26	and	and	CCONJ
economy-1580	124	27	monetary	monetary	ADJ
economy-1580	124	28	policy	policy	NOUN
economy-1580	124	29	tools	tool	NOUN
economy-1580	124	30	on	on	ADP
economy-1580	124	31	the	the	DET
economy-1580	124	32	nigerian	nigerian	ADJ
economy-1580	124	33	stock	stock	NOUN
economy-1580	124	34	market	market	NOUN
economy-1580	124	35	.	.	PUNCT
economy-1580	125	1	the	the	DET
economy-1580	125	2	study	study	NOUN
economy-1580	125	3	concluded	conclude	VERB
economy-1580	125	4	that	that	SCONJ
economy-1580	125	5	the	the	DET
economy-1580	125	6	nigerian	nigerian	ADJ
economy-1580	125	7	stock	stock	NOUN
economy-1580	125	8	market	market	NOUN
economy-1580	125	9	responded	respond	VERB
economy-1580	125	10	rapidly	rapidly	ADV
economy-1580	125	11	and	and	CCONJ
economy-1580	125	12	significantly	significantly	ADV
economy-1580	125	13	to	to	ADP
economy-1580	125	14	fiscal	fiscal	ADJ
economy-1580	125	15	and	and	CCONJ
economy-1580	125	16	monetary	monetary	ADJ
economy-1580	125	17	policies	policy	NOUN
economy-1580	125	18	instruments	instrument	NOUN
economy-1580	125	19	.	.	PUNCT
economy-1580	126	1	away	away	ADV
economy-1580	126	2	from	from	ADP
economy-1580	126	3	nigeria	nigeria	PROPN
economy-1580	126	4	,	,	PUNCT
economy-1580	126	5	chibi	chibi	PROPN
economy-1580	126	6	,	,	PUNCT
economy-1580	126	7	benbouziane	benbouziane	NOUN
economy-1580	126	8	,	,	PUNCT
economy-1580	126	9	and	and	CCONJ
economy-1580	126	10	chekouri	chekouri	PROPN
economy-1580	126	11	(	(	PUNCT
economy-1580	126	12	2019	2019	NUM
economy-1580	126	13	)	)	PUNCT
economy-1580	126	14	analyzed	analyze	VERB
economy-1580	126	15	the	the	DET
economy-1580	126	16	dynamic	dynamic	ADJ
economy-1580	126	17	interaction	interaction	NOUN
economy-1580	126	18	between	between	ADP
economy-1580	126	19	monetary	monetary	ADJ
economy-1580	126	20	and	and	CCONJ
economy-1580	126	21	fiscal	fiscal	ADJ
economy-1580	126	22	policies	policy	NOUN
economy-1580	126	23	in	in	ADP
economy-1580	126	24	algeria	algeria	PROPN
economy-1580	126	25	for	for	ADP
economy-1580	126	26	the	the	DET
economy-1580	126	27	period	period	NOUN
economy-1580	126	28	of	of	ADP
economy-1580	126	29	1963	1963	NUM
economy-1580	126	30	-	-	SYM
economy-1580	126	31	2017	2017	NUM
economy-1580	126	32	using	use	VERB
economy-1580	126	33	ardl	ardl	NOUN
economy-1580	126	34	estimation	estimation	NOUN
economy-1580	126	35	approach	approach	NOUN
economy-1580	126	36	.	.	PUNCT
economy-1580	127	1	the	the	DET
economy-1580	127	2	reactions	reaction	NOUN
economy-1580	127	3	between	between	ADP
economy-1580	127	4	fiscal	fiscal	ADJ
economy-1580	127	5	and	and	CCONJ
economy-1580	127	6	monetary	monetary	ADJ
economy-1580	127	7	authorities	authority	NOUN
economy-1580	127	8	indicated	indicate	VERB
economy-1580	127	9	that	that	SCONJ
economy-1580	127	10	fiscal	fiscal	ADJ
economy-1580	127	11	policy	policy	NOUN
economy-1580	127	12	was	be	AUX
economy-1580	127	13	not	not	PART
economy-1580	127	14	responsive	responsive	ADJ
economy-1580	127	15	to	to	ADP
economy-1580	127	16	monetary	monetary	ADJ
economy-1580	127	17	policy	policy	NOUN
economy-1580	127	18	instruments	instrument	NOUN
economy-1580	127	19	during	during	ADP
economy-1580	127	20	the	the	DET
economy-1580	127	21	period	period	NOUN
economy-1580	127	22	but	but	CCONJ
economy-1580	127	23	monetary	monetary	ADJ
economy-1580	127	24	policy	policy	NOUN
economy-1580	127	25	tools	tool	NOUN
economy-1580	127	26	was	be	AUX
economy-1580	127	27	responded	respond	VERB
economy-1580	127	28	to	to	ADP
economy-1580	127	29	instruments	instrument	NOUN
economy-1580	127	30	of	of	ADP
economy-1580	127	31	fiscal	fiscal	ADJ
economy-1580	127	32	policy	policy	NOUN
economy-1580	127	33	.	.	PUNCT
economy-1580	128	1	the	the	DET
economy-1580	128	2	study	study	NOUN
economy-1580	128	3	concluded	conclude	VERB
economy-1580	128	4	that	that	SCONJ
economy-1580	128	5	fiscal	fiscal	ADJ
economy-1580	128	6	policy	policy	NOUN
economy-1580	128	7	was	be	AUX
economy-1580	128	8	dominated	dominate	VERB
economy-1580	128	9	monetary	monetary	ADJ
economy-1580	128	10	policy	policy	NOUN
economy-1580	128	11	in	in	ADP
economy-1580	128	12	algeria	algeria	PROPN
economy-1580	128	13	.	.	PUNCT
economy-1580	129	1	similarly	similarly	ADV
economy-1580	129	2	,	,	PUNCT
economy-1580	129	3	tawfiq	tawfiq	PROPN
economy-1580	129	4	and	and	CCONJ
economy-1580	129	5	tahtamouni	tahtamouni	PROPN
economy-1580	129	6	(	(	PUNCT
economy-1580	129	7	2018	2018	NUM
economy-1580	129	8	)	)	PUNCT
economy-1580	129	9	discussed	discuss	VERB
economy-1580	129	10	the	the	DET
economy-1580	129	11	impacts	impact	NOUN
economy-1580	129	12	of	of	ADP
economy-1580	129	13	the	the	DET
economy-1580	129	14	monetary	monetary	ADJ
economy-1580	129	15	and	and	CCONJ
economy-1580	129	16	fiscal	fiscal	ADJ
economy-1580	129	17	policies	policy	NOUN
economy-1580	129	18	on	on	ADP
economy-1580	129	19	stock	stock	NOUN
economy-1580	129	20	market	market	NOUN
economy-1580	129	21	returns	return	NOUN
economy-1580	129	22	in	in	ADP
economy-1580	129	23	jordan	jordan	PROPN
economy-1580	129	24	during	during	ADP
economy-1580	129	25	the	the	DET
economy-1580	129	26	period	period	NOUN
economy-1580	129	27	2006	2006	NUM
economy-1580	129	28	to	to	ADP
economy-1580	129	29	2016	2016	NUM
economy-1580	129	30	.	.	PUNCT
economy-1580	130	1	a	a	DET
economy-1580	130	2	multiple	multiple	ADJ
economy-1580	130	3	regression	regression	NOUN
economy-1580	130	4	analysis	analysis	NOUN
economy-1580	130	5	technique	technique	NOUN
economy-1580	130	6	was	be	AUX
economy-1580	130	7	used	use	VERB
economy-1580	130	8	for	for	ADP
economy-1580	130	9	the	the	DET
economy-1580	130	10	data	datum	NOUN
economy-1580	130	11	analysis	analysis	NOUN
economy-1580	130	12	.	.	PUNCT
economy-1580	131	1	the	the	DET
economy-1580	131	2	paper	paper	NOUN
economy-1580	131	3	revealed	reveal	VERB
economy-1580	131	4	that	that	SCONJ
economy-1580	131	5	there	there	PRON
economy-1580	131	6	was	be	VERB
economy-1580	131	7	a	a	DET
economy-1580	131	8	long	long	ADV
economy-1580	131	9	-	-	PUNCT
economy-1580	131	10	run	run	NOUN
economy-1580	131	11	cointegrating	cointegrate	VERB
economy-1580	131	12	relationship	relationship	NOUN
economy-1580	131	13	between	between	ADP
economy-1580	131	14	monetary	monetary	ADJ
economy-1580	131	15	-	-	PUNCT
economy-1580	131	16	fiscal	fiscal	ADJ
economy-1580	131	17	policies	policy	NOUN
economy-1580	131	18	interaction	interaction	NOUN
economy-1580	131	19	and	and	CCONJ
economy-1580	131	20	stock	stock	NOUN
economy-1580	131	21	returns	return	NOUN
economy-1580	131	22	.	.	PUNCT
economy-1580	132	1	again	again	ADV
economy-1580	132	2	,	,	PUNCT
economy-1580	132	3	nasir	nasir	PROPN
economy-1580	132	4	et	et	PROPN
economy-1580	132	5	al	al	PROPN
economy-1580	132	6	.	.	PROPN
economy-1580	133	1	(	(	PUNCT
economy-1580	133	2	2016	2016	NUM
economy-1580	133	3	)	)	PUNCT
economy-1580	133	4	analyzed	analyze	VERB
economy-1580	133	5	financial	financial	ADJ
economy-1580	133	6	markets	market	NOUN
economy-1580	133	7	`	`	PART
economy-1580	133	8	responses	response	NOUN
economy-1580	133	9	to	to	ADP
economy-1580	133	10	fiscal	fiscal	ADJ
economy-1580	133	11	and	and	CCONJ
economy-1580	133	12	monetary	monetary	ADJ
economy-1580	133	13	policy	policy	NOUN
economy-1580	133	14	interaction	interaction	NOUN
economy-1580	133	15	in	in	ADP
economy-1580	133	16	the	the	DET
economy-1580	133	17	uk	uk	PROPN
economy-1580	133	18	using	use	VERB
economy-1580	133	19	vector	vector	NOUN
economy-1580	133	20	auto	auto	NOUN
economy-1580	133	21	-	-	PUNCT
economy-1580	133	22	regression	regression	NOUN
economy-1580	133	23	(	(	PUNCT
economy-1580	133	24	var	var	NOUN
economy-1580	133	25	)	)	PUNCT
economy-1580	133	26	model	model	NOUN
economy-1580	133	27	on	on	ADP
economy-1580	133	28	monthly	monthly	ADJ
economy-1580	133	29	data	datum	NOUN
economy-1580	133	30	from	from	ADP
economy-1580	133	31	january	january	PROPN
economy-1580	133	32	1985	1985	NUM
economy-1580	133	33	to	to	ADP
economy-1580	133	34	august	august	PROPN
economy-1580	133	35	2008.the	2008.the	DET
economy-1580	133	36	study	study	NOUN
economy-1580	133	37	found	find	VERB
economy-1580	133	38	that	that	SCONJ
economy-1580	133	39	equity	equity	NOUN
economy-1580	133	40	and	and	CCONJ
economy-1580	133	41	bond	bond	NOUN
economy-1580	133	42	markets	market	NOUN
economy-1580	133	43	showed	showed	AUX
economy-1580	133	44	responded	respond	VERB
economy-1580	133	45	negatively	negatively	ADV
economy-1580	133	46	to	to	ADP
economy-1580	133	47	interaction	interaction	NOUN
economy-1580	133	48	of	of	ADP
economy-1580	133	49	both	both	DET
economy-1580	133	50	policy	policy	NOUN
economy-1580	133	51	actions	action	NOUN
economy-1580	133	52	.	.	PUNCT
economy-1580	134	1	also	also	ADV
economy-1580	134	2	,	,	PUNCT
economy-1580	134	3	chatziantoniou	chatziantoniou	NOUN
economy-1580	134	4	et	et	PROPN
economy-1580	134	5	al	al	PROPN
economy-1580	134	6	.	.	PROPN
economy-1580	135	1	(	(	PUNCT
economy-1580	135	2	2013	2013	NUM
economy-1580	135	3	)	)	PUNCT
economy-1580	135	4	employed	employ	VERB
economy-1580	135	5	a	a	DET
economy-1580	135	6	svar	svar	NOUN
economy-1580	135	7	to	to	PART
economy-1580	135	8	investigate	investigate	VERB
economy-1580	135	9	the	the	DET
economy-1580	135	10	collective	collective	ADJ
economy-1580	135	11	impact	impact	NOUN
economy-1580	135	12	of	of	ADP
economy-1580	135	13	monetary	monetary	ADJ
economy-1580	135	14	and	and	CCONJ
economy-1580	135	15	fiscal	fiscal	ADJ
economy-1580	135	16	policy	policy	NOUN
economy-1580	135	17	shocks	shock	NOUN
economy-1580	135	18	on	on	ADP
economy-1580	135	19	stock	stock	NOUN
economy-1580	135	20	market	market	NOUN
economy-1580	135	21	performance	performance	NOUN
economy-1580	135	22	in	in	ADP
economy-1580	135	23	germany	germany	PROPN
economy-1580	135	24	,	,	PUNCT
economy-1580	135	25	uk	uk	PROPN
economy-1580	135	26	and	and	CCONJ
economy-1580	135	27	the	the	DET
economy-1580	135	28	us	us	PROPN
economy-1580	135	29	.	.	PUNCT
economy-1580	136	1	the	the	DET
economy-1580	136	2	empirical	empirical	ADJ
economy-1580	136	3	results	result	NOUN
economy-1580	136	4	showed	show	VERB
economy-1580	136	5	that	that	SCONJ
economy-1580	136	6	both	both	DET
economy-1580	136	7	policies	policy	NOUN
economy-1580	136	8	influenced	influence	VERB
economy-1580	136	9	the	the	DET
economy-1580	136	10	stock	stock	NOUN
economy-1580	136	11	market	market	NOUN
economy-1580	136	12	.	.	PUNCT
economy-1580	137	1	it	it	PRON
economy-1580	137	2	was	be	AUX
economy-1580	137	3	found	find	VERB
economy-1580	137	4	that	that	SCONJ
economy-1580	137	5	the	the	DET
economy-1580	137	6	two	two	NUM
economy-1580	137	7	economic	economic	ADJ
economy-1580	137	8	policies	policy	NOUN
economy-1580	137	9	were	be	AUX
economy-1580	137	10	very	very	ADV
economy-1580	137	11	significant	significant	ADJ
economy-1580	137	12	in	in	ADP
economy-1580	137	13	explaining	explain	VERB
economy-1580	137	14	stock	stock	NOUN
economy-1580	137	15	market	market	NOUN
economy-1580	137	16	developments	development	NOUN
economy-1580	137	17	.	.	PUNCT
economy-1580	138	1	in	in	ADP
economy-1580	138	2	the	the	DET
economy-1580	138	3	same	same	ADJ
economy-1580	138	4	vein	vein	NOUN
economy-1580	138	5	,	,	PUNCT
economy-1580	138	6	hsing	hsing	PROPN
economy-1580	138	7	(	(	PUNCT
economy-1580	138	8	2013	2013	NUM
economy-1580	138	9	)	)	PUNCT
economy-1580	138	10	focused	focus	VERB
economy-1580	138	11	on	on	ADP
economy-1580	138	12	analyzing	analyze	VERB
economy-1580	138	13	the	the	DET
economy-1580	138	14	impacts	impact	NOUN
economy-1580	138	15	of	of	ADP
economy-1580	138	16	fiscal	fiscal	ADJ
economy-1580	138	17	and	and	CCONJ
economy-1580	138	18	monetary	monetary	ADJ
economy-1580	138	19	policies	policy	NOUN
economy-1580	138	20	on	on	ADP
economy-1580	138	21	stock	stock	NOUN
economy-1580	138	22	market	market	NOUN
economy-1580	138	23	performance	performance	NOUN
economy-1580	138	24	in	in	ADP
economy-1580	138	25	poland	poland	PROPN
economy-1580	138	26	during	during	ADP
economy-1580	138	27	1999.q2	1999.q2	NUM
economy-1580	138	28	to	to	ADP
economy-1580	138	29	2012.q4	2012.q4	NUM
economy-1580	138	30	.	.	PUNCT
economy-1580	139	1	the	the	DET
economy-1580	139	2	paper	paper	NOUN
economy-1580	139	3	found	find	VERB
economy-1580	139	4	that	that	SCONJ
economy-1580	139	5	the	the	DET
economy-1580	139	6	index	index	NOUN
economy-1580	139	7	of	of	ADP
economy-1580	139	8	poland	poland	PROPN
economy-1580	139	9	’s	’s	PART
economy-1580	139	10	stock	stock	NOUN
economy-1580	139	11	market	market	NOUN
economy-1580	139	12	was	be	AUX
economy-1580	139	13	not	not	PART
economy-1580	139	14	affected	affect	VERB
economy-1580	139	15	by	by	ADP
economy-1580	139	16	government	government	NOUN
economy-1580	139	17	deficits	deficit	NOUN
economy-1580	139	18	but	but	CCONJ
economy-1580	139	19	was	be	AUX
economy-1580	139	20	negatively	negatively	ADV
economy-1580	139	21	influenced	influence	VERB
economy-1580	139	22	by	by	ADP
economy-1580	139	23	the	the	DET
economy-1580	139	24	money	money	NOUN
economy-1580	139	25	market	market	NOUN
economy-1580	139	26	rate	rate	NOUN
economy-1580	139	27	.	.	PUNCT
economy-1580	140	1	ernest	ernest	PROPN
economy-1580	140	2	(	(	PUNCT
economy-1580	140	3	2011	2011	NUM
economy-1580	140	4	)	)	PUNCT
economy-1580	140	5	examined	examine	VERB
economy-1580	140	6	the	the	DET
economy-1580	140	7	joint	joint	ADJ
economy-1580	140	8	impact	impact	NOUN
economy-1580	140	9	of	of	ADP
economy-1580	140	10	fiscal	fiscal	ADJ
economy-1580	140	11	and	and	CCONJ
economy-1580	140	12	monetary	monetary	ADJ
economy-1580	140	13	policy	policy	NOUN
economy-1580	140	14	instruments	instrument	NOUN
economy-1580	140	15	on	on	ADP
economy-1580	140	16	the	the	DET
economy-1580	140	17	ghanaian	ghanaian	ADJ
economy-1580	140	18	stock	stock	NOUN
economy-1580	140	19	market	market	NOUN
economy-1580	140	20	.	.	PUNCT
economy-1580	141	1	empirical	empirical	ADJ
economy-1580	141	2	evidence	evidence	NOUN
economy-1580	141	3	from	from	ADP
economy-1580	141	4	the	the	DET
economy-1580	141	5	study	study	NOUN
economy-1580	141	6	indicated	indicate	VERB
economy-1580	141	7	that	that	SCONJ
economy-1580	141	8	interaction	interaction	NOUN
economy-1580	141	9	between	between	ADP
economy-1580	141	10	the	the	DET
economy-1580	141	11	two	two	NUM
economy-1580	141	12	policies	policy	NOUN
economy-1580	141	13	were	be	AUX
economy-1580	141	14	transmitted	transmit	VERB
economy-1580	141	15	to	to	ADP
economy-1580	141	16	the	the	DET
economy-1580	141	17	stock	stock	NOUN
economy-1580	141	18	market	market	NOUN
economy-1580	141	19	through	through	ADP
economy-1580	141	20	interest	interest	NOUN
economy-1580	141	21	rate	rate	NOUN
economy-1580	141	22	which	which	PRON
economy-1580	141	23	suggested	suggest	VERB
economy-1580	141	24	that	that	SCONJ
economy-1580	141	25	such	such	ADJ
economy-1580	141	26	policies	policy	NOUN
economy-1580	141	27	might	might	AUX
economy-1580	141	28	have	have	VERB
economy-1580	141	29	simultaneous	simultaneous	ADJ
economy-1580	141	30	influence	influence	NOUN
economy-1580	141	31	on	on	ADP
economy-1580	141	32	stock	stock	NOUN
economy-1580	141	33	market	market	NOUN
economy-1580	141	34	activities	activity	NOUN
economy-1580	141	35	in	in	ADP
economy-1580	141	36	ghana	ghana	PROPN
economy-1580	141	37	.	.	PUNCT
economy-1580	142	1	5	5	X
economy-1580	142	2	.	.	X
economy-1580	142	3	sources	source	NOUN
economy-1580	142	4	of	of	ADP
economy-1580	142	5	data	datum	NOUN
economy-1580	142	6	and	and	CCONJ
economy-1580	142	7	description	description	NOUN
economy-1580	142	8	of	of	ADP
economy-1580	142	9	model	model	NOUN
economy-1580	142	10	variables	variable	NOUN
economy-1580	142	11	the	the	DET
economy-1580	142	12	dataset	dataset	NOUN
economy-1580	142	13	used	use	VERB
economy-1580	142	14	for	for	ADP
economy-1580	142	15	this	this	DET
economy-1580	142	16	paper	paper	NOUN
economy-1580	142	17	included	include	VERB
economy-1580	142	18	diverse	diverse	ADJ
economy-1580	142	19	macroeconomic	macroeconomic	ADJ
economy-1580	142	20	policy	policy	NOUN
economy-1580	142	21	indicators	indicator	NOUN
economy-1580	142	22	covering	cover	VERB
economy-1580	142	23	both	both	CCONJ
economy-1580	142	24	fiscal	fiscal	ADJ
economy-1580	142	25	and	and	CCONJ
economy-1580	142	26	monetary	monetary	ADJ
economy-1580	142	27	policies	policy	NOUN
economy-1580	142	28	as	as	ADV
economy-1580	142	29	well	well	ADV
economy-1580	142	30	as	as	ADP
economy-1580	142	31	stock	stock	NOUN
economy-1580	142	32	market	market	NOUN
economy-1580	142	33	liquidity	liquidity	NOUN
economy-1580	142	34	.	.	PUNCT
economy-1580	143	1	the	the	DET
economy-1580	143	2	dependent	dependent	ADJ
economy-1580	143	3	variable	variable	NOUN
economy-1580	143	4	is	be	AUX
economy-1580	143	5	stock	stock	NOUN
economy-1580	143	6	market	market	NOUN
economy-1580	143	7	liquidity	liquidity	NOUN
economy-1580	143	8	.	.	PUNCT
economy-1580	144	1	this	this	DET
economy-1580	144	2	study	study	NOUN
economy-1580	144	3	followed	follow	VERB
economy-1580	144	4	prior	prior	ADJ
economy-1580	144	5	empirical	empirical	ADJ
economy-1580	144	6	works	work	NOUN
economy-1580	144	7	such	such	ADJ
economy-1580	144	8	as	as	ADP
economy-1580	144	9	bhattacharya	bhattacharya	NOUN
economy-1580	144	10	et	et	PROPN
economy-1580	144	11	al	al	PROPN
economy-1580	144	12	.	.	PROPN
economy-1580	145	1	(	(	PUNCT
economy-1580	145	2	2019	2019	NUM
economy-1580	145	3	)	)	PUNCT
economy-1580	145	4	;	;	PUNCT
economy-1580	145	5	abdul	abdul	PROPN
economy-1580	145	6	-	-	PUNCT
economy-1580	145	7	khaliq	khaliq	PROPN
economy-1580	145	8	(	(	PUNCT
economy-1580	145	9	2013	2013	NUM
economy-1580	145	10	)	)	PUNCT
economy-1580	145	11	to	to	PART
economy-1580	145	12	proxy	proxy	VERB
economy-1580	145	13	stock	stock	NOUN
economy-1580	145	14	market	market	NOUN
economy-1580	145	15	liquidity	liquidity	NOUN
economy-1580	145	16	with	with	ADP
economy-1580	145	17	turnover	turnover	NOUN
economy-1580	145	18	ratio	ratio	NOUN
economy-1580	145	19	,	,	PUNCT
economy-1580	145	20	measured	measure	VERB
economy-1580	145	21	as	as	ADP
economy-1580	145	22	the	the	DET
economy-1580	145	23	ratio	ratio	NOUN
economy-1580	145	24	of	of	ADP
economy-1580	145	25	total	total	ADJ
economy-1580	145	26	value	value	NOUN
economy-1580	145	27	of	of	ADP
economy-1580	145	28	shares	share	NOUN
economy-1580	145	29	traded	trade	VERB
economy-1580	145	30	to	to	ADP
economy-1580	145	31	total	total	ADJ
economy-1580	145	32	market	market	NOUN
economy-1580	145	33	capitalization	capitalization	NOUN
economy-1580	145	34	.	.	PUNCT
economy-1580	146	1	though	though	ADV
economy-1580	146	2	,	,	PUNCT
economy-1580	146	3	the	the	DET
economy-1580	146	4	turnover	turnover	NOUN
economy-1580	146	5	ratio	ratio	NOUN
economy-1580	146	6	does	do	AUX
economy-1580	146	7	not	not	PART
economy-1580	146	8	reveal	reveal	VERB
economy-1580	146	9	performance	performance	NOUN
economy-1580	146	10	of	of	ADP
economy-1580	146	11	the	the	DET
economy-1580	146	12	company	company	NOUN
economy-1580	146	13	behind	behind	ADP
economy-1580	146	14	the	the	DET
economy-1580	146	15	stock	stock	NOUN
economy-1580	146	16	but	but	CCONJ
economy-1580	146	17	it	it	PRON
economy-1580	146	18	does	do	AUX
economy-1580	146	19	supply	supply	VERB
economy-1580	146	20	information	information	NOUN
economy-1580	146	21	on	on	ADP
economy-1580	146	22	how	how	SCONJ
economy-1580	146	23	easily	easily	ADV
economy-1580	146	24	an	an	DET
economy-1580	146	25	investor	investor	NOUN
economy-1580	146	26	can	can	AUX
economy-1580	146	27	sell	sell	VERB
economy-1580	146	28	the	the	DET
economy-1580	146	29	shares	share	NOUN
economy-1580	146	30	of	of	ADP
economy-1580	146	31	a	a	DET
economy-1580	146	32	company	company	NOUN
economy-1580	146	33	.	.	PUNCT
economy-1580	147	1	additionally	additionally	ADV
economy-1580	147	2	,	,	PUNCT
economy-1580	147	3	the	the	DET
economy-1580	147	4	data	datum	NOUN
economy-1580	147	5	used	use	VERB
economy-1580	147	6	for	for	ADP
economy-1580	147	7	the	the	DET
economy-1580	147	8	study	study	NOUN
economy-1580	147	9	were	be	AUX
economy-1580	147	10	collated	collate	VERB
economy-1580	147	11	from	from	ADP
economy-1580	147	12	the	the	DET
economy-1580	147	13	central	central	ADJ
economy-1580	147	14	bank	bank	PROPN
economy-1580	147	15	of	of	ADP
economy-1580	147	16	nigeria	nigeria	PROPN
economy-1580	147	17	(	(	PUNCT
economy-1580	147	18	cbn	cbn	PROPN
economy-1580	147	19	)	)	PUNCT
economy-1580	147	20	statistical	statistical	ADJ
economy-1580	147	21	bulletin	bulletin	NOUN
economy-1580	147	22	,	,	PUNCT
economy-1580	147	23	vol	vol	NOUN
economy-1580	147	24	.	.	PROPN
economy-1580	147	25	29	29	NUM
economy-1580	147	26	,	,	PUNCT
economy-1580	147	27	2018	2018	NUM
economy-1580	147	28	,	,	PUNCT
economy-1580	147	29	and	and	CCONJ
economy-1580	147	30	national	national	ADJ
economy-1580	147	31	bureau	bureau	PROPN
economy-1580	147	32	of	of	ADP
economy-1580	147	33	statistics	statistic	NOUN
economy-1580	147	34	.	.	PUNCT
economy-1580	148	1	with	with	ADP
economy-1580	148	2	regards	regard	NOUN
economy-1580	148	3	to	to	ADP
economy-1580	148	4	fiscal	fiscal	ADJ
economy-1580	148	5	policy	policy	NOUN
economy-1580	148	6	,	,	PUNCT
economy-1580	148	7	three	three	NUM
economy-1580	148	8	kinds	kind	NOUN
economy-1580	148	9	of	of	ADP
economy-1580	148	10	variables	variable	NOUN
economy-1580	148	11	were	be	AUX
economy-1580	148	12	incorporated	incorporate	VERB
economy-1580	148	13	into	into	ADP
economy-1580	148	14	the	the	DET
economy-1580	148	15	estimation	estimation	NOUN
economy-1580	148	16	model	model	NOUN
economy-1580	148	17	.	.	PUNCT
economy-1580	149	1	the	the	DET
economy-1580	149	2	first	first	ADJ
economy-1580	149	3	is	be	AUX
economy-1580	149	4	government	government	NOUN
economy-1580	149	5	revenue	revenue	NOUN
economy-1580	149	6	(	(	PUNCT
economy-1580	149	7	both	both	CCONJ
economy-1580	149	8	tax	tax	NOUN
economy-1580	149	9	and	and	CCONJ
economy-1580	149	10	non	non	ADJ
economy-1580	149	11	-	-	NOUN
economy-1580	149	12	tax	tax	NOUN
economy-1580	149	13	)	)	PUNCT
economy-1580	149	14	which	which	PRON
economy-1580	149	15	happens	happen	VERB
economy-1580	149	16	to	to	PART
economy-1580	149	17	be	be	AUX
economy-1580	149	18	one	one	NUM
economy-1580	149	19	side	side	NOUN
economy-1580	149	20	of	of	ADP
economy-1580	149	21	the	the	DET
economy-1580	149	22	policy	policy	NOUN
economy-1580	149	23	,	,	PUNCT
economy-1580	149	24	government	government	NOUN
economy-1580	149	25	expenditures	expenditure	NOUN
economy-1580	149	26	which	which	PRON
economy-1580	149	27	occupies	occupy	VERB
economy-1580	149	28	the	the	DET
economy-1580	149	29	other	other	ADJ
economy-1580	149	30	hand	hand	NOUN
economy-1580	149	31	of	of	ADP
economy-1580	149	32	the	the	DET
economy-1580	149	33	policy	policy	NOUN
economy-1580	149	34	and	and	CCONJ
economy-1580	149	35	government	government	NOUN
economy-1580	149	36	borrowings	borrowing	NOUN
economy-1580	149	37	which	which	PRON
economy-1580	149	38	helps	help	VERB
economy-1580	149	39	bridge	bridge	VERB
economy-1580	149	40	the	the	DET
economy-1580	149	41	resource	resource	NOUN
economy-1580	149	42	gap	gap	NOUN
economy-1580	149	43	when	when	SCONJ
economy-1580	149	44	government	government	NOUN
economy-1580	149	45	revenue	revenue	NOUN
economy-1580	149	46	falls	fall	VERB
economy-1580	149	47	short	short	ADV
economy-1580	149	48	of	of	ADP
economy-1580	149	49	government	government	NOUN
economy-1580	149	50	expenditures	expenditure	NOUN
economy-1580	149	51	.	.	PUNCT
economy-1580	150	1	fiscal	fiscal	ADJ
economy-1580	150	2	policy	policy	NOUN
economy-1580	150	3	instruments	instrument	NOUN
economy-1580	150	4	are	be	AUX
economy-1580	150	5	designed	design	VERB
economy-1580	150	6	by	by	ADP
economy-1580	150	7	the	the	DET
economy-1580	150	8	government	government	NOUN
economy-1580	150	9	to	to	PART
economy-1580	150	10	influence	influence	VERB
economy-1580	150	11	quantum	quantum	NOUN
economy-1580	150	12	and	and	CCONJ
economy-1580	150	13	allocation	allocation	NOUN
economy-1580	150	14	of	of	ADP
economy-1580	150	15	collected	collect	VERB
economy-1580	150	16	revenue	revenue	NOUN
economy-1580	150	17	and	and	CCONJ
economy-1580	150	18	expenditures	expenditure	NOUN
economy-1580	150	19	towards	towards	ADP
economy-1580	150	20	achieving	achieve	VERB
economy-1580	150	21	sustainable	sustainable	ADJ
economy-1580	150	22	economic	economic	ADJ
economy-1580	150	23	development	development	NOUN
economy-1580	150	24	and	and	CCONJ
economy-1580	150	25	by	by	ADP
economy-1580	150	26	extension	extension	NOUN
economy-1580	150	27	stock	stock	NOUN
economy-1580	150	28	market	market	NOUN
economy-1580	150	29	stability	stability	NOUN
economy-1580	150	30	(	(	PUNCT
economy-1580	150	31	alade	alade	NOUN
economy-1580	150	32	,	,	PUNCT
economy-1580	150	33	2017	2017	NUM
economy-1580	150	34	)	)	PUNCT
economy-1580	150	35	.	.	PUNCT
economy-1580	151	1	the	the	DET
economy-1580	151	2	tax	tax	NOUN
economy-1580	151	3	revenue	revenue	NOUN
economy-1580	151	4	was	be	AUX
economy-1580	151	5	expressed	express	VERB
economy-1580	151	6	as	as	ADP
economy-1580	151	7	a	a	DET
economy-1580	151	8	ratio	ratio	NOUN
economy-1580	151	9	of	of	ADP
economy-1580	151	10	gdp	gdp	NOUN
economy-1580	151	11	to	to	PART
economy-1580	151	12	determine	determine	VERB
economy-1580	151	13	how	how	SCONJ
economy-1580	151	14	well	well	ADV
economy-1580	151	15	a	a	DET
economy-1580	151	16	government	government	NOUN
economy-1580	151	17	directs	direct	VERB
economy-1580	151	18	and	and	CCONJ
economy-1580	151	19	manages	manage	VERB
economy-1580	151	20	its	its	PRON
economy-1580	151	21	economic	economic	ADJ
economy-1580	151	22	resources	resource	NOUN
economy-1580	151	23	through	through	ADP
economy-1580	151	24	taxation	taxation	NOUN
economy-1580	151	25	.	.	PUNCT
economy-1580	152	1	also	also	ADV
economy-1580	152	2	,	,	PUNCT
economy-1580	152	3	government	government	NOUN
economy-1580	152	4	expenditures	expenditure	NOUN
economy-1580	152	5	to	to	ADP
economy-1580	152	6	gdp	gdp	NOUN
economy-1580	152	7	ratio	ratio	NOUN
economy-1580	152	8	was	be	AUX
economy-1580	152	9	used	use	VERB
economy-1580	152	10	to	to	PART
economy-1580	152	11	measure	measure	VERB
economy-1580	152	12	government	government	NOUN
economy-1580	152	13	size	size	NOUN
economy-1580	152	14	while	while	SCONJ
economy-1580	152	15	government	government	NOUN
economy-1580	152	16	debt	debt	NOUN
economy-1580	152	17	to	to	ADP
economy-1580	152	18	gdp	gdp	NOUN
economy-1580	152	19	ratio	ratio	NOUN
economy-1580	152	20	indicated	indicate	VERB
economy-1580	152	21	debt	debt	NOUN
economy-1580	152	22	overhang	overhang	NOUN
economy-1580	152	23	(	(	PUNCT
economy-1580	152	24	kenton	kenton	PROPN
economy-1580	152	25	,	,	PUNCT
economy-1580	152	26	2019	2019	NUM
economy-1580	152	27	)	)	PUNCT
economy-1580	152	28	.	.	PUNCT
economy-1580	153	1	monetary	monetary	ADJ
economy-1580	153	2	policy	policy	NOUN
economy-1580	153	3	is	be	AUX
economy-1580	153	4	concerned	concern	VERB
economy-1580	153	5	with	with	ADP
economy-1580	153	6	the	the	DET
economy-1580	153	7	use	use	NOUN
economy-1580	153	8	of	of	ADP
economy-1580	153	9	monetary	monetary	ADJ
economy-1580	153	10	instruments	instrument	NOUN
economy-1580	153	11	such	such	ADJ
economy-1580	153	12	as	as	ADP
economy-1580	153	13	the	the	DET
economy-1580	153	14	discount	discount	NOUN
economy-1580	153	15	rate	rate	NOUN
economy-1580	153	16	(	(	PUNCT
economy-1580	153	17	also	also	ADV
economy-1580	153	18	known	know	VERB
economy-1580	153	19	as	as	ADP
economy-1580	153	20	the	the	DET
economy-1580	153	21	monetary	monetary	ADJ
economy-1580	153	22	policy	policy	NOUN
economy-1580	153	23	rate	rate	NOUN
economy-1580	153	24	)	)	PUNCT
economy-1580	153	25	,	,	PUNCT
economy-1580	153	26	cash	cash	NOUN
economy-1580	153	27	reserve	reserve	NOUN
economy-1580	153	28	requirements	requirement	NOUN
economy-1580	153	29	and	and	CCONJ
economy-1580	153	30	liquidity	liquidity	NOUN
economy-1580	153	31	ratio	ratio	NOUN
economy-1580	153	32	of	of	ADP
economy-1580	153	33	banks	bank	NOUN
economy-1580	153	34	to	to	PART
economy-1580	153	35	influence	influence	VERB
economy-1580	153	36	overall	overall	ADJ
economy-1580	153	37	economic	economic	ADJ
economy-1580	153	38	activities	activity	NOUN
economy-1580	153	39	by	by	ADP
economy-1580	153	40	a	a	DET
economy-1580	153	41	central	central	ADJ
economy-1580	153	42	bank	bank	NOUN
economy-1580	153	43	(	(	PUNCT
economy-1580	153	44	ukeje	ukeje	ADJ
economy-1580	153	45	,	,	PUNCT
economy-1580	153	46	2012	2012	NUM
economy-1580	153	47	)	)	PUNCT
economy-1580	153	48	.	.	PUNCT
economy-1580	154	1	with	with	ADP
economy-1580	154	2	cash	cash	NOUN
economy-1580	154	3	reserve	reserve	NOUN
economy-1580	154	4	requirements	requirement	NOUN
economy-1580	154	5	,	,	PUNCT
economy-1580	154	6	the	the	DET
economy-1580	154	7	central	central	ADJ
economy-1580	154	8	bank	bank	NOUN
economy-1580	154	9	mandate	mandate	NOUN
economy-1580	154	10	commercial	commercial	ADJ
economy-1580	154	11	banks	bank	NOUN
economy-1580	154	12	to	to	PART
economy-1580	154	13	hold	hold	VERB
economy-1580	154	14	part	part	NOUN
economy-1580	154	15	of	of	ADP
economy-1580	154	16	their	their	PRON
economy-1580	154	17	deposit	deposit	NOUN
economy-1580	154	18	liabilities	liability	NOUN
economy-1580	154	19	as	as	ADP
economy-1580	154	20	vaults	vault	NOUN
economy-1580	154	21	with	with	ADP
economy-1580	154	22	the	the	DET
economy-1580	154	23	central	central	ADJ
economy-1580	154	24	bank	bank	NOUN
economy-1580	154	25	which	which	PRON
economy-1580	154	26	help	help	VERB
economy-1580	154	27	control	control	VERB
economy-1580	154	28	bank	bank	PROPN
economy-1580	154	29	lending	lending	NOUN
economy-1580	154	30	,	,	PUNCT
economy-1580	154	31	thus	thus	ADV
economy-1580	154	32	put	put	VERB
economy-1580	154	33	supply	supply	NOUN
economy-1580	154	34	of	of	ADP
economy-1580	154	35	money	money	NOUN
economy-1580	154	36	on	on	ADP
economy-1580	154	37	check	check	NOUN
economy-1580	154	38	as	as	SCONJ
economy-1580	154	39	higher	high	ADJ
economy-1580	154	40	reserves	reserve	NOUN
economy-1580	154	41	limit	limit	VERB
economy-1580	154	42	bank	bank	NOUN
economy-1580	154	43	loans	loan	NOUN
economy-1580	154	44	and	and	CCONJ
economy-1580	154	45	vice	vice	NOUN
economy-1580	154	46	versa	versa	ADV
economy-1580	154	47	.	.	PUNCT
economy-1580	155	1	the	the	DET
economy-1580	155	2	monetary	monetary	ADJ
economy-1580	155	3	policy	policy	NOUN
economy-1580	155	4	rate	rate	NOUN
economy-1580	155	5	on	on	ADP
economy-1580	155	6	the	the	DET
economy-1580	155	7	other	other	ADJ
economy-1580	155	8	hand	hand	NOUN
economy-1580	155	9	,	,	PUNCT
economy-1580	155	10	represents	represent	VERB
economy-1580	155	11	the	the	DET
economy-1580	155	12	interest	interest	NOUN
economy-1580	155	13	rate	rate	NOUN
economy-1580	155	14	at	at	ADP
economy-1580	155	15	which	which	PRON
economy-1580	155	16	the	the	DET
economy-1580	155	17	central	central	ADJ
economy-1580	155	18	bank	bank	NOUN
economy-1580	155	19	lends	lend	VERB
economy-1580	155	20	to	to	PART
economy-1580	155	21	financially	financially	ADV
economy-1580	155	22	sound	sound	VERB
economy-1580	155	23	banks	bank	NOUN
economy-1580	155	24	thereby	thereby	ADV
economy-1580	155	25	affecting	affect	VERB
economy-1580	155	26	credit	credit	NOUN
economy-1580	155	27	supply	supply	NOUN
economy-1580	155	28	which	which	PRON
economy-1580	155	29	in	in	ADP
economy-1580	155	30	turn	turn	NOUN
economy-1580	155	31	limits	limit	NOUN
economy-1580	155	32	or	or	CCONJ
economy-1580	155	33	enhances	enhance	VERB
economy-1580	155	34	stock	stock	NOUN
economy-1580	155	35	market	market	NOUN
economy-1580	155	36	activities	activity	NOUN
economy-1580	155	37	through	through	ADP
economy-1580	155	38	availability	availability	NOUN
economy-1580	155	39	of	of	ADP
economy-1580	155	40	investible	investible	ADJ
economy-1580	155	41	funds	fund	NOUN
economy-1580	155	42	.	.	PUNCT
economy-1580	156	1	also	also	ADV
economy-1580	156	2	,	,	PUNCT
economy-1580	156	3	bank	bank	NOUN
economy-1580	156	4	liquidity	liquidity	NOUN
economy-1580	156	5	ratio	ratio	NOUN
economy-1580	156	6	as	as	SCONJ
economy-1580	156	7	applied	apply	VERB
economy-1580	156	8	to	to	ADP
economy-1580	156	9	monetary	monetary	ADJ
economy-1580	156	10	policy	policy	NOUN
economy-1580	156	11	entails	entail	VERB
economy-1580	156	12	the	the	DET
economy-1580	156	13	amount	amount	NOUN
economy-1580	156	14	of	of	ADP
economy-1580	156	15	liquid	liquid	ADJ
economy-1580	156	16	assets	asset	NOUN
economy-1580	156	17	recommended	recommend	VERB
economy-1580	156	18	by	by	ADP
economy-1580	156	19	the	the	DET
economy-1580	156	20	cbn	cbn	PROPN
economy-1580	156	21	to	to	PART
economy-1580	156	22	be	be	AUX
economy-1580	156	23	kept	keep	VERB
economy-1580	156	24	by	by	ADP
economy-1580	156	25	banks	bank	NOUN
economy-1580	156	26	in	in	ADP
economy-1580	156	27	order	order	NOUN
economy-1580	156	28	to	to	PART
economy-1580	156	29	meet	meet	VERB
economy-1580	156	30	their	their	PRON
economy-1580	156	31	day	day	NOUN
economy-1580	156	32	-	-	PUNCT
economy-1580	156	33	to	to	ADP
economy-1580	156	34	-	-	PUNCT
economy-1580	156	35	day	day	NOUN
economy-1580	156	36	financial	financial	ADJ
economy-1580	156	37	obligations	obligation	NOUN
economy-1580	156	38	,	,	PUNCT
economy-1580	156	39	most	most	ADV
economy-1580	156	40	especially	especially	ADV
economy-1580	156	41	,	,	PUNCT
economy-1580	156	42	customer	customer	NOUN
economy-1580	156	43	withdrawals	withdrawal	NOUN
economy-1580	156	44	(	(	PUNCT
economy-1580	156	45	alade	alade	NOUN
economy-1580	156	46	,	,	PUNCT
economy-1580	156	47	2017	2017	NUM
economy-1580	156	48	)	)	PUNCT
economy-1580	156	49	.	.	PUNCT
economy-1580	157	1	consequently	consequently	ADV
economy-1580	157	2	,	,	PUNCT
economy-1580	157	3	an	an	DET
economy-1580	157	4	understanding	understanding	NOUN
economy-1580	157	5	of	of	ADP
economy-1580	157	6	how	how	SCONJ
economy-1580	157	7	diverse	diverse	ADJ
economy-1580	157	8	macroeconomic	macroeconomic	ADJ
economy-1580	157	9	policy	policy	NOUN
economy-1580	157	10	variables	variable	NOUN
economy-1580	157	11	operate	operate	VERB
economy-1580	157	12	,	,	PUNCT
economy-1580	157	13	their	their	PRON
economy-1580	157	14	ability	ability	NOUN
economy-1580	157	15	to	to	PART
economy-1580	157	16	reinforce	reinforce	VERB
economy-1580	157	17	each	each	DET
economy-1580	157	18	other	other	ADJ
economy-1580	157	19	,	,	PUNCT
economy-1580	157	20	and	and	CCONJ
economy-1580	157	21	how	how	SCONJ
economy-1580	157	22	policy	policy	NOUN
economy-1580	157	23	shocks	shock	NOUN
economy-1580	157	24	might	might	AUX
economy-1580	157	25	arise	arise	VERB
economy-1580	157	26	will	will	AUX
economy-1580	157	27	help	help	VERB
economy-1580	157	28	policy	policy	NOUN
economy-1580	157	29	makers	maker	NOUN
economy-1580	157	30	in	in	ADP
economy-1580	157	31	managing	manage	VERB
economy-1580	157	32	policy	policy	NOUN
economy-1580	157	33	direction	direction	NOUN
economy-1580	157	34	.	.	PUNCT
economy-1580	158	1	fiscal	fiscal	ADJ
economy-1580	158	2	and	and	CCONJ
economy-1580	158	3	monetary	monetary	ADJ
economy-1580	158	4	policies	policy	NOUN
economy-1580	158	5	could	could	AUX
economy-1580	158	6	reinforce	reinforce	VERB
economy-1580	158	7	one	one	NUM
economy-1580	158	8	another	another	DET
economy-1580	158	9	in	in	ADP
economy-1580	158	10	stimulating	stimulate	VERB
economy-1580	158	11	lower	low	ADJ
economy-1580	158	12	risk	risk	NOUN
economy-1580	158	13	inherent	inherent	ADJ
economy-1580	158	14	in	in	ADP
economy-1580	158	15	long	long	ADJ
economy-1580	158	16	-	-	PUNCT
economy-1580	158	17	term	term	NOUN
economy-1580	158	18	interest	interest	NOUN
economy-1580	158	19	rates	rate	NOUN
economy-1580	158	20	economy	economy	NOUN
economy-1580	158	21	,	,	PUNCT
economy-1580	158	22	2020	2020	NUM
economy-1580	158	23	,	,	PUNCT
economy-1580	158	24	7(1	7(1	NUM
economy-1580	158	25	):	):	PUNCT
economy-1580	158	26	25	25	NUM
economy-1580	158	27	-	-	SYM
economy-1580	158	28	35	35	NUM
economy-1580	158	29	30	30	NUM
economy-1580	158	30	©	©	PROPN
economy-1580	158	31	2020	2020	NUM
economy-1580	158	32	by	by	ADP
economy-1580	158	33	the	the	DET
economy-1580	158	34	authors	author	NOUN
economy-1580	158	35	;	;	PUNCT
economy-1580	158	36	licensee	licensee	PROPN
economy-1580	158	37	asian	asian	ADJ
economy-1580	158	38	online	online	PROPN
economy-1580	158	39	journal	journal	PROPN
economy-1580	158	40	publishing	publishing	NOUN
economy-1580	158	41	group	group	NOUN
economy-1580	158	42	structure	structure	NOUN
economy-1580	158	43	.	.	PUNCT
economy-1580	159	1	the	the	DET
economy-1580	159	2	point	point	NOUN
economy-1580	159	3	of	of	ADP
economy-1580	159	4	interaction	interaction	NOUN
economy-1580	159	5	between	between	ADP
economy-1580	159	6	the	the	DET
economy-1580	159	7	two	two	NUM
economy-1580	159	8	macroeconomic	macroeconomic	ADJ
economy-1580	159	9	policies	policy	NOUN
economy-1580	159	10	arises	arise	VERB
economy-1580	159	11	when	when	SCONJ
economy-1580	159	12	government	government	NOUN
economy-1580	159	13	borrows	borrow	VERB
economy-1580	159	14	to	to	PART
economy-1580	159	15	fund	fund	VERB
economy-1580	159	16	expenditures	expenditure	NOUN
economy-1580	159	17	due	due	ADP
economy-1580	159	18	to	to	ADP
economy-1580	159	19	shortfalls	shortfall	NOUN
economy-1580	159	20	in	in	ADP
economy-1580	159	21	expected	expect	VERB
economy-1580	159	22	revenue	revenue	NOUN
economy-1580	159	23	.	.	PUNCT
economy-1580	160	1	higher	high	ADJ
economy-1580	160	2	government	government	NOUN
economy-1580	160	3	borrowing	borrowing	NOUN
economy-1580	160	4	could	could	AUX
economy-1580	160	5	reach	reach	VERB
economy-1580	160	6	a	a	DET
economy-1580	160	7	point	point	NOUN
economy-1580	160	8	when	when	SCONJ
economy-1580	160	9	the	the	DET
economy-1580	160	10	debt	debt	NOUN
economy-1580	160	11	might	might	AUX
economy-1580	160	12	be	be	AUX
economy-1580	160	13	difficult	difficult	ADJ
economy-1580	160	14	to	to	PART
economy-1580	160	15	repay	repay	VERB
economy-1580	160	16	.	.	PUNCT
economy-1580	161	1	hence	hence	ADV
economy-1580	161	2	,	,	PUNCT
economy-1580	161	3	under	under	ADP
economy-1580	161	4	this	this	DET
economy-1580	161	5	condition	condition	NOUN
economy-1580	161	6	,	,	PUNCT
economy-1580	161	7	the	the	DET
economy-1580	161	8	central	central	ADJ
economy-1580	161	9	bank	bank	NOUN
economy-1580	161	10	might	might	AUX
economy-1580	161	11	be	be	AUX
economy-1580	161	12	forced	force	VERB
economy-1580	161	13	to	to	PART
economy-1580	161	14	monetize	monetize	VERB
economy-1580	161	15	the	the	DET
economy-1580	161	16	debt	debt	NOUN
economy-1580	161	17	by	by	ADP
economy-1580	161	18	embarking	embark	VERB
economy-1580	161	19	on	on	ADP
economy-1580	161	20	seignorage	seignorage	NOUN
economy-1580	161	21	,	,	PUNCT
economy-1580	161	22	leading	lead	VERB
economy-1580	161	23	to	to	ADP
economy-1580	161	24	excess	excess	ADJ
economy-1580	161	25	liquidity	liquidity	NOUN
economy-1580	161	26	with	with	ADP
economy-1580	161	27	the	the	DET
economy-1580	161	28	attendant	attendant	NOUN
economy-1580	161	29	lower	low	ADJ
economy-1580	161	30	interest	interest	NOUN
economy-1580	161	31	rate	rate	NOUN
economy-1580	161	32	which	which	PRON
economy-1580	161	33	automatically	automatically	ADV
economy-1580	161	34	cause	cause	VERB
economy-1580	161	35	a	a	DET
economy-1580	161	36	downward	downward	ADJ
economy-1580	161	37	trend	trend	NOUN
economy-1580	161	38	in	in	ADP
economy-1580	161	39	stock	stock	NOUN
economy-1580	161	40	market	market	NOUN
economy-1580	161	41	liquidity	liquidity	NOUN
economy-1580	161	42	as	as	ADP
economy-1580	161	43	low	low	ADJ
economy-1580	161	44	interest	interest	NOUN
economy-1580	161	45	rates	rate	NOUN
economy-1580	161	46	signals	signal	VERB
economy-1580	161	47	low	low	ADJ
economy-1580	161	48	returns	return	NOUN
economy-1580	161	49	,	,	PUNCT
economy-1580	161	50	hence	hence	ADV
economy-1580	161	51	stock	stock	NOUN
economy-1580	161	52	market	market	NOUN
economy-1580	161	53	liquidity	liquidity	NOUN
economy-1580	161	54	is	be	AUX
economy-1580	161	55	influenced	influence	VERB
economy-1580	161	56	.	.	PUNCT
economy-1580	162	1	under	under	ADP
economy-1580	162	2	this	this	DET
economy-1580	162	3	circumstance	circumstance	NOUN
economy-1580	162	4	,	,	PUNCT
economy-1580	162	5	the	the	DET
economy-1580	162	6	monetary	monetary	ADJ
economy-1580	162	7	authorities	authority	NOUN
economy-1580	162	8	should	should	AUX
economy-1580	162	9	notify	notify	VERB
economy-1580	162	10	the	the	DET
economy-1580	162	11	fiscal	fiscal	ADJ
economy-1580	162	12	authorities	authority	NOUN
economy-1580	162	13	of	of	ADP
economy-1580	162	14	the	the	DET
economy-1580	162	15	impacts	impact	NOUN
economy-1580	162	16	of	of	ADP
economy-1580	162	17	public	public	ADJ
economy-1580	162	18	borrowing	borrowing	NOUN
economy-1580	162	19	on	on	ADP
economy-1580	162	20	reaching	reach	VERB
economy-1580	162	21	their	their	PRON
economy-1580	162	22	monetary	monetary	ADJ
economy-1580	162	23	objectives	objective	NOUN
economy-1580	162	24	(	(	PUNCT
economy-1580	162	25	of	of	ADP
economy-1580	162	26	which	which	PRON
economy-1580	162	27	stock	stock	NOUN
economy-1580	162	28	market	market	NOUN
economy-1580	162	29	liquidity	liquidity	NOUN
economy-1580	162	30	is	be	AUX
economy-1580	162	31	one	one	NUM
economy-1580	162	32	)	)	PUNCT
economy-1580	162	33	.	.	PUNCT
economy-1580	163	1	6	6	X
economy-1580	163	2	.	.	X
economy-1580	163	3	model	model	PROPN
economy-1580	163	4	development	development	NOUN
economy-1580	163	5	the	the	DET
economy-1580	163	6	theoretical	theoretical	ADJ
economy-1580	163	7	framework	framework	NOUN
economy-1580	163	8	of	of	ADP
economy-1580	163	9	this	this	DET
economy-1580	163	10	study	study	NOUN
economy-1580	163	11	encompasses	encompass	VERB
economy-1580	163	12	representative	representative	ADJ
economy-1580	163	13	household	household	NOUN
economy-1580	163	14	facing	face	VERB
economy-1580	163	15	income	income	NOUN
economy-1580	163	16	constraint	constraint	NOUN
economy-1580	163	17	,	,	PUNCT
economy-1580	163	18	utility	utility	NOUN
economy-1580	163	19	and	and	CCONJ
economy-1580	163	20	preferences	preference	NOUN
economy-1580	163	21	as	as	SCONJ
economy-1580	163	22	presented	present	VERB
economy-1580	163	23	in	in	ADP
economy-1580	163	24	equation	equation	NOUN
economy-1580	163	25	1	1	NUM
economy-1580	163	26	:	:	PUNCT
economy-1580	163	27	u	u	NOUN
economy-1580	163	28	=	=	SYM
economy-1580	163	29	∑	∑	PUNCT
economy-1580	163	30	u	u	NOUN
economy-1580	163	31	(	(	PUNCT
economy-1580	163	32	)	)	PUNCT
economy-1580	163	33	(	(	PUNCT
economy-1580	163	34	1	1	X
economy-1580	163	35	)	)	PUNCT
economy-1580	163	36	equation	equation	NOUN
economy-1580	163	37	1	1	NUM
economy-1580	163	38	above	above	ADV
economy-1580	163	39	shows	show	VERB
economy-1580	163	40	that	that	SCONJ
economy-1580	163	41	with	with	ADP
economy-1580	163	42	efforts	effort	NOUN
economy-1580	163	43	aimed	aim	VERB
economy-1580	163	44	at	at	ADP
economy-1580	163	45	maximizing	maximize	VERB
economy-1580	163	46	utility	utility	NOUN
economy-1580	163	47	of	of	ADP
economy-1580	163	48	household	household	NOUN
economy-1580	163	49	(	(	PUNCT
economy-1580	163	50	u	u	NOUN
economy-1580	163	51	)	)	PUNCT
economy-1580	163	52	,	,	PUNCT
economy-1580	163	53	maximization	maximization	NOUN
economy-1580	163	54	of	of	ADP
economy-1580	163	55	various	various	ADJ
economy-1580	163	56	streams	stream	NOUN
economy-1580	163	57	of	of	ADP
economy-1580	163	58	consumption	consumption	NOUN
economy-1580	163	59	(	(	PUNCT
economy-1580	163	60	c	c	NOUN
economy-1580	163	61	)	)	PUNCT
economy-1580	163	62	as	as	ADV
economy-1580	163	63	well	well	ADV
economy-1580	163	64	as	as	ADP
economy-1580	163	65	leisure	leisure	NOUN
economy-1580	163	66	(	(	PUNCT
economy-1580	163	67	l	l	NOUN
economy-1580	163	68	)	)	PUNCT
economy-1580	163	69	;	;	PUNCT
economy-1580	163	70	e0	e0	PROPN
economy-1580	163	71	is	be	AUX
economy-1580	163	72	the	the	DET
economy-1580	163	73	expectations	expectation	NOUN
economy-1580	163	74	operator	operator	NOUN
economy-1580	163	75	(	(	PUNCT
economy-1580	163	76	rational	rational	ADJ
economy-1580	163	77	expectations	expectation	NOUN
economy-1580	163	78	)	)	PUNCT
economy-1580	163	79	based	base	VERB
economy-1580	163	80	on	on	ADP
economy-1580	163	81	policy	policy	NOUN
economy-1580	163	82	makers	maker	NOUN
economy-1580	163	83	observing	observe	VERB
economy-1580	163	84	all	all	DET
economy-1580	163	85	macroeconomic	macroeconomic	ADJ
economy-1580	163	86	variables	variable	NOUN
economy-1580	163	87	;	;	PUNCT
economy-1580	163	88	(	(	PUNCT
economy-1580	163	89	0	0	NUM
economy-1580	163	90	;	;	PUNCT
economy-1580	163	91	1	1	X
economy-1580	163	92	)	)	PUNCT
economy-1580	163	93	denotes	denote	VERB
economy-1580	163	94	the	the	DET
economy-1580	163	95	discount	discount	NOUN
economy-1580	163	96	factor	factor	NOUN
economy-1580	163	97	,	,	PUNCT
economy-1580	163	98	while	while	SCONJ
economy-1580	163	99	u	u	PRON
economy-1580	163	100	is	be	AUX
economy-1580	163	101	immediate	immediate	ADJ
economy-1580	163	102	utility	utility	NOUN
economy-1580	163	103	function	function	NOUN
economy-1580	163	104	while	while	SCONJ
economy-1580	163	105	and	and	CCONJ
economy-1580	163	106	are	be	AUX
economy-1580	163	107	consumption	consumption	NOUN
economy-1580	163	108	and	and	CCONJ
economy-1580	163	109	leisure	leisure	NOUN
economy-1580	163	110	levels	level	NOUN
economy-1580	163	111	at	at	ADP
economy-1580	163	112	time	time	NOUN
economy-1580	163	113	t.	t.	PROPN
economy-1580	163	114	it	it	PRON
economy-1580	163	115	is	be	AUX
economy-1580	163	116	assumed	assume	VERB
economy-1580	163	117	here	here	ADV
economy-1580	163	118	that	that	SCONJ
economy-1580	163	119	the	the	DET
economy-1580	163	120	said	say	VERB
economy-1580	163	121	household	household	NOUN
economy-1580	163	122	portfolio	portfolio	NOUN
economy-1580	163	123	contains	contain	VERB
economy-1580	163	124	two	two	NUM
economy-1580	163	125	varieties	variety	NOUN
economy-1580	163	126	of	of	ADP
economy-1580	163	127	financial	financial	ADJ
economy-1580	163	128	assets	asset	NOUN
economy-1580	163	129	i.e.	i.e.	X
economy-1580	163	130	stock(s	stock(s	NOUN
economy-1580	163	131	)	)	PUNCT
economy-1580	163	132	and	and	CCONJ
economy-1580	163	133	public	public	ADJ
economy-1580	163	134	bonds	bond	NOUN
economy-1580	163	135	(	(	PUNCT
economy-1580	163	136	b	b	NOUN
economy-1580	163	137	)	)	PUNCT
economy-1580	163	138	.	.	PUNCT
economy-1580	164	1	the	the	DET
economy-1580	164	2	household	household	NOUN
economy-1580	164	3	wealth	wealth	NOUN
economy-1580	164	4	is	be	AUX
economy-1580	164	5	acquired	acquire	VERB
economy-1580	164	6	via	via	ADP
economy-1580	164	7	two	two	NUM
economy-1580	164	8	sources	source	NOUN
economy-1580	164	9	to	to	PART
economy-1580	164	10	make	make	VERB
economy-1580	164	11	up	up	ADP
economy-1580	164	12	financial	financial	ADJ
economy-1580	164	13	wealth	wealth	NOUN
economy-1580	164	14	,	,	PUNCT
economy-1580	164	15	that	that	ADV
economy-1580	164	16	is	is	ADV
economy-1580	164	17	,	,	PUNCT
economy-1580	164	18	an	an	DET
economy-1580	164	19	amalgam	amalgam	NOUN
economy-1580	164	20	of	of	ADP
economy-1580	164	21	income	income	NOUN
economy-1580	164	22	gained	gain	VERB
economy-1580	164	23	from	from	ADP
economy-1580	164	24	financial	financial	ADJ
economy-1580	164	25	assets	asset	NOUN
economy-1580	164	26	(	(	PUNCT
economy-1580	164	27	stocks	stock	NOUN
economy-1580	164	28	and	and	CCONJ
economy-1580	164	29	bonds	bond	NOUN
economy-1580	164	30	)	)	PUNCT
economy-1580	164	31	as	as	ADV
economy-1580	164	32	well	well	ADV
economy-1580	164	33	as	as	ADP
economy-1580	164	34	non	non	ADJ
economy-1580	164	35	-	-	ADJ
economy-1580	164	36	financial	financial	ADJ
economy-1580	164	37	wealth	wealth	NOUN
economy-1580	164	38	(	(	PUNCT
economy-1580	164	39	h	h	NOUN
economy-1580	164	40	)	)	PUNCT
economy-1580	164	41	which	which	PRON
economy-1580	164	42	connotes	connote	VERB
economy-1580	164	43	returns	return	NOUN
economy-1580	164	44	on	on	ADP
economy-1580	164	45	labour	labour	NOUN
economy-1580	164	46	.	.	PUNCT
economy-1580	165	1	therefore	therefore	ADV
economy-1580	165	2	,	,	PUNCT
economy-1580	165	3	the	the	DET
economy-1580	165	4	aggregate	aggregate	ADJ
economy-1580	165	5	financial	financial	ADJ
economy-1580	165	6	wealth	wealth	NOUN
economy-1580	165	7	(	(	PUNCT
economy-1580	165	8	a	a	X
economy-1580	165	9	)	)	PUNCT
economy-1580	165	10	would	would	AUX
economy-1580	165	11	be	be	AUX
economy-1580	165	12	as	as	ADP
economy-1580	165	13	stated	state	VERB
economy-1580	165	14	in	in	ADP
economy-1580	165	15	equation	equation	NOUN
economy-1580	165	16	2	2	NUM
economy-1580	165	17	:	:	PUNCT
economy-1580	165	18	a	a	PRON
economy-1580	165	19	=	=	X
economy-1580	165	20	∑	∑	PROPN
economy-1580	165	21	(	(	PUNCT
economy-1580	165	22	2	2	NUM
economy-1580	165	23	)	)	PUNCT
economy-1580	165	24	based	base	VERB
economy-1580	165	25	on	on	ADP
economy-1580	165	26	equation	equation	NOUN
economy-1580	165	27	2	2	NUM
economy-1580	165	28	above	above	ADV
economy-1580	165	29	,	,	PUNCT
economy-1580	165	30	this	this	DET
economy-1580	165	31	paper	paper	NOUN
economy-1580	165	32	followed	follow	VERB
economy-1580	165	33	the	the	DET
economy-1580	165	34	theoretical	theoretical	ADJ
economy-1580	165	35	model	model	NOUN
economy-1580	165	36	adopted	adopt	VERB
economy-1580	165	37	by	by	ADP
economy-1580	165	38	nasir	nasir	PROPN
economy-1580	165	39	et	et	PROPN
economy-1580	165	40	al	al	PROPN
economy-1580	165	41	.	.	PUNCT
economy-1580	166	1	(	(	PUNCT
economy-1580	166	2	2016	2016	NUM
economy-1580	166	3	)	)	PUNCT
economy-1580	166	4	;	;	PUNCT
economy-1580	167	1	nasir	nasir	PROPN
economy-1580	167	2	.	.	PROPN
economy-1580	167	3	and	and	CCONJ
economy-1580	167	4	soliman	soliman	NOUN
economy-1580	167	5	(	(	PUNCT
economy-1580	167	6	2014	2014	NUM
economy-1580	167	7	)	)	PUNCT
economy-1580	167	8	in	in	ADP
economy-1580	167	9	which	which	PRON
economy-1580	167	10	intertemporal	intertemporal	ADJ
economy-1580	167	11	household	household	NOUN
economy-1580	167	12	consumption	consumption	NOUN
economy-1580	167	13	depended	depend	VERB
economy-1580	167	14	on	on	ADP
economy-1580	167	15	financial	financial	ADJ
economy-1580	167	16	wealth	wealth	NOUN
economy-1580	167	17	as	as	SCONJ
economy-1580	167	18	represented	represent	VERB
economy-1580	167	19	in	in	ADP
economy-1580	167	20	equation	equation	NOUN
economy-1580	167	21	3	3	NUM
economy-1580	167	22	:	:	PUNCT
economy-1580	167	23	c	c	X
economy-1580	167	24	=	=	PUNCT
economy-1580	167	25	[	[	PUNCT
economy-1580	167	26	(	(	PUNCT
economy-1580	167	27	)	)	PUNCT
economy-1580	167	28	]	]	PUNCT
economy-1580	168	1	≈	≈	PROPN
economy-1580	168	2	(	(	PUNCT
economy-1580	168	3	3	3	NUM
economy-1580	168	4	)	)	PUNCT
economy-1580	168	5	where	where	SCONJ
economy-1580	168	6	c	c	NOUN
economy-1580	168	7	represents	represent	VERB
economy-1580	168	8	consumption	consumption	NOUN
economy-1580	168	9	,	,	PUNCT
economy-1580	168	10	a	a	PRON
economy-1580	168	11	represents	represent	VERB
economy-1580	168	12	the	the	DET
economy-1580	168	13	financial	financial	ADJ
economy-1580	168	14	wealth	wealth	NOUN
economy-1580	168	15	comprising	comprise	VERB
economy-1580	168	16	stocks	stock	NOUN
economy-1580	168	17	and	and	CCONJ
economy-1580	168	18	bonds	bond	NOUN
economy-1580	168	19	(	(	PUNCT
economy-1580	168	20	a	a	DET
economy-1580	168	21	=	=	X
economy-1580	168	22	∑	∑	PROPN
economy-1580	168	23	)	)	PUNCT
economy-1580	168	24	,	,	PUNCT
economy-1580	168	25	h	h	NOUN
economy-1580	168	26	represents	represent	VERB
economy-1580	168	27	component	component	NOUN
economy-1580	168	28	of	of	ADP
economy-1580	168	29	human	human	ADJ
economy-1580	168	30	wealth	wealth	NOUN
economy-1580	168	31	and	and	CCONJ
economy-1580	168	32	y	y	PROPN
economy-1580	168	33	indicates	indicate	VERB
economy-1580	168	34	value	value	NOUN
economy-1580	168	35	associated	associate	VERB
economy-1580	168	36	with	with	ADP
economy-1580	168	37	expected	expect	VERB
economy-1580	168	38	income	income	NOUN
economy-1580	168	39	of	of	ADP
economy-1580	168	40	labour	labour	NOUN
economy-1580	168	41	after	after	ADP
economy-1580	168	42	taxes	taxis	NOUN
economy-1580	168	43	.	.	PUNCT
economy-1580	169	1	the	the	DET
economy-1580	169	2	coefficient	coefficient	NOUN
economy-1580	169	3	of	of	ADP
economy-1580	169	4	proportionality	proportionality	NOUN
economy-1580	169	5	(	(	PUNCT
economy-1580	169	6	mpc	mpc	NOUN
economy-1580	169	7	)	)	PUNCT
economy-1580	169	8	measures	measure	VERB
economy-1580	169	9	the	the	DET
economy-1580	169	10	marginal	marginal	ADJ
economy-1580	169	11	propensity	propensity	NOUN
economy-1580	169	12	to	to	PART
economy-1580	169	13	consume	consume	VERB
economy-1580	169	14	out	out	ADP
economy-1580	169	15	of	of	ADP
economy-1580	169	16	financial	financial	ADJ
economy-1580	169	17	wealth	wealth	NOUN
economy-1580	169	18	as	as	ADV
economy-1580	169	19	well	well	ADV
economy-1580	169	20	as	as	ADP
economy-1580	169	21	income	income	NOUN
economy-1580	169	22	.	.	PUNCT
economy-1580	170	1	equation	equation	NOUN
economy-1580	170	2	3	3	NUM
economy-1580	170	3	can	can	AUX
economy-1580	170	4	be	be	AUX
economy-1580	170	5	rewritten	rewrite	VERB
economy-1580	170	6	as	as	ADP
economy-1580	170	7	:	:	PUNCT
economy-1580	170	8	*	*	PUNCT
economy-1580	171	1	+	+	PUNCT
economy-1580	171	2	+	+	PUNCT
economy-1580	171	3	*	*	PUNCT
economy-1580	171	4	+	+	PUNCT
economy-1580	171	5	=	=	PUNCT
economy-1580	171	6	∑	∑	PUNCT
economy-1580	171	7	]	]	PUNCT
economy-1580	172	1	+	+	PUNCT
economy-1580	172	2	*	*	PUNCT
economy-1580	172	3	+	+	PUNCT
economy-1580	172	4	(	(	PUNCT
economy-1580	172	5	4	4	X
economy-1580	172	6	)	)	PUNCT
economy-1580	172	7	the	the	DET
economy-1580	172	8	implication	implication	NOUN
economy-1580	172	9	of	of	ADP
economy-1580	172	10	equation	equation	NOUN
economy-1580	172	11	4	4	NUM
economy-1580	172	12	is	be	AUX
economy-1580	172	13	that	that	SCONJ
economy-1580	172	14	the	the	DET
economy-1580	172	15	wealth	wealth	NOUN
economy-1580	172	16	elasticity	elasticity	NOUN
economy-1580	172	17	of	of	ADP
economy-1580	172	18	consumption	consumption	NOUN
economy-1580	172	19	(	(	PUNCT
economy-1580	172	20	)	)	PUNCT
economy-1580	172	21	is	be	AUX
economy-1580	172	22	dependent	dependent	ADJ
economy-1580	172	23	on	on	ADP
economy-1580	172	24	and	and	CCONJ
economy-1580	172	25	wealth	wealth	NOUN
economy-1580	172	26	consumption	consumption	NOUN
economy-1580	172	27	ratio	ratio	NOUN
economy-1580	172	28	of	of	ADP
economy-1580	172	29	each	each	PRON
economy-1580	172	30	of	of	ADP
economy-1580	172	31	the	the	DET
economy-1580	172	32	component	component	NOUN
economy-1580	172	33	j.	j.	PROPN
economy-1580	172	34	the	the	DET
economy-1580	172	35	national	national	PROPN
economy-1580	172	36	income	income	NOUN
economy-1580	172	37	(	(	PUNCT
economy-1580	172	38	y	y	NOUN
economy-1580	172	39	)	)	PUNCT
economy-1580	172	40	equation	equation	NOUN
economy-1580	172	41	is	be	AUX
economy-1580	172	42	given	give	VERB
economy-1580	172	43	by	by	ADP
economy-1580	172	44	equation	equation	NOUN
economy-1580	172	45	5	5	NUM
economy-1580	172	46	:	:	PUNCT
economy-1580	172	47	(	(	PUNCT
economy-1580	172	48	5	5	NUM
economy-1580	172	49	)	)	PUNCT
economy-1580	172	50	where	where	SCONJ
economy-1580	172	51	,	,	PUNCT
economy-1580	172	52	i	i	PRON
economy-1580	172	53	denotes	denote	VERB
economy-1580	172	54	investments	investment	NOUN
economy-1580	172	55	,	,	PUNCT
economy-1580	172	56	g	g	PROPN
economy-1580	172	57	represents	represent	VERB
economy-1580	172	58	government	government	NOUN
economy-1580	172	59	spending	spending	NOUN
economy-1580	172	60	,	,	PUNCT
economy-1580	172	61	while	while	SCONJ
economy-1580	172	62	(	(	PUNCT
economy-1580	172	63	x	x	NOUN
economy-1580	172	64	-	-	NOUN
economy-1580	172	65	m	m	PRON
economy-1580	172	66	)	)	PUNCT
economy-1580	172	67	represents	represent	VERB
economy-1580	172	68	the	the	DET
economy-1580	172	69	balance	balance	NOUN
economy-1580	172	70	of	of	ADP
economy-1580	172	71	trade	trade	NOUN
economy-1580	172	72	(	(	PUNCT
economy-1580	172	73	exports	export	NOUN
economy-1580	172	74	less	less	ADJ
economy-1580	172	75	imports	import	NOUN
economy-1580	172	76	)	)	PUNCT
economy-1580	172	77	,	,	PUNCT
economy-1580	172	78	obviously	obviously	ADV
economy-1580	172	79	,	,	PUNCT
economy-1580	172	80	c	c	X
economy-1580	172	81	which	which	PRON
economy-1580	172	82	denotes	denote	VERB
economy-1580	172	83	consumption	consumption	NOUN
economy-1580	172	84	is	be	AUX
economy-1580	172	85	an	an	DET
economy-1580	172	86	integral	integral	ADJ
economy-1580	172	87	part	part	NOUN
economy-1580	172	88	of	of	ADP
economy-1580	172	89	national	national	ADJ
economy-1580	172	90	income	income	NOUN
economy-1580	172	91	.	.	PUNCT
economy-1580	173	1	consequently	consequently	ADV
economy-1580	173	2	,	,	PUNCT
economy-1580	173	3	based	base	VERB
economy-1580	173	4	on	on	ADP
economy-1580	173	5	equation	equation	NOUN
economy-1580	173	6	5	5	NUM
economy-1580	173	7	,	,	PUNCT
economy-1580	173	8	the	the	DET
economy-1580	173	9	influence	influence	NOUN
economy-1580	173	10	of	of	ADP
economy-1580	173	11	financial	financial	ADJ
economy-1580	173	12	wealth	wealth	NOUN
economy-1580	173	13	(	(	PUNCT
economy-1580	173	14	a	a	X
economy-1580	173	15	)	)	PUNCT
economy-1580	173	16	on	on	ADP
economy-1580	173	17	financial	financial	ADJ
economy-1580	173	18	assets	asset	NOUN
economy-1580	173	19	(	(	PUNCT
economy-1580	173	20	such	such	ADJ
economy-1580	173	21	as	as	ADP
economy-1580	173	22	,	,	PUNCT
economy-1580	173	23	stocks	stock	NOUN
economy-1580	173	24	and	and	CCONJ
economy-1580	173	25	bonds	bond	NOUN
economy-1580	173	26	)	)	PUNCT
economy-1580	173	27	would	would	AUX
economy-1580	173	28	be	be	AUX
economy-1580	173	29	automatically	automatically	ADV
economy-1580	173	30	transmitted	transmit	VERB
economy-1580	173	31	to	to	ADP
economy-1580	173	32	consumption	consumption	NOUN
economy-1580	173	33	.	.	PUNCT
economy-1580	174	1	now	now	ADV
economy-1580	174	2	,	,	PUNCT
economy-1580	174	3	assuming	assume	VERB
economy-1580	174	4	the	the	DET
economy-1580	174	5	household	household	NOUN
economy-1580	174	6	invests	invest	NOUN
economy-1580	174	7	in	in	ADP
economy-1580	174	8	financial	financial	ADJ
economy-1580	174	9	assets	asset	NOUN
economy-1580	174	10	,	,	PUNCT
economy-1580	174	11	let	let	VERB
economy-1580	174	12	’s	’s	NOUN
economy-1580	174	13	say	say	VERB
economy-1580	174	14	stocks	stock	NOUN
economy-1580	174	15	(	(	PUNCT
economy-1580	174	16	s	s	NOUN
economy-1580	174	17	)	)	PUNCT
economy-1580	174	18	or	or	CCONJ
economy-1580	174	19	bonds	bond	NOUN
economy-1580	174	20	(	(	PUNCT
economy-1580	174	21	b	b	NOUN
economy-1580	174	22	)	)	PUNCT
economy-1580	174	23	or	or	CCONJ
economy-1580	174	24	a	a	DET
economy-1580	174	25	combination	combination	NOUN
economy-1580	174	26	of	of	ADP
economy-1580	174	27	both	both	PRON
economy-1580	174	28	(	(	PUNCT
economy-1580	174	29	which	which	PRON
economy-1580	174	30	are	be	AUX
economy-1580	174	31	instruments	instrument	NOUN
economy-1580	174	32	of	of	ADP
economy-1580	174	33	the	the	DET
economy-1580	174	34	stock	stock	NOUN
economy-1580	174	35	market	market	NOUN
economy-1580	174	36	)	)	PUNCT
economy-1580	174	37	which	which	PRON
economy-1580	174	38	are	be	AUX
economy-1580	174	39	influenced	influence	VERB
economy-1580	174	40	by	by	ADP
economy-1580	174	41	economic	economic	ADJ
economy-1580	174	42	policies	policy	NOUN
economy-1580	174	43	(	(	PUNCT
economy-1580	174	44	monetary	monetary	ADJ
economy-1580	174	45	and	and	CCONJ
economy-1580	174	46	fiscal	fiscal	ADJ
economy-1580	174	47	policies	policy	NOUN
economy-1580	174	48	)	)	PUNCT
economy-1580	174	49	,	,	PUNCT
economy-1580	174	50	as	as	SCONJ
economy-1580	174	51	such	such	DET
economy-1580	174	52	the	the	DET
economy-1580	174	53	relationship	relationship	NOUN
economy-1580	174	54	between	between	ADP
economy-1580	174	55	monetary	monetary	ADJ
economy-1580	174	56	policy	policy	NOUN
economy-1580	174	57	and	and	CCONJ
economy-1580	174	58	financial	financial	ADJ
economy-1580	174	59	wealth	wealth	NOUN
economy-1580	174	60	is	be	AUX
economy-1580	174	61	expressed	express	VERB
economy-1580	174	62	by	by	ADP
economy-1580	174	63	equation	equation	NOUN
economy-1580	174	64	6	6	NUM
economy-1580	174	65	:	:	PUNCT
economy-1580	174	66	financial	financial	ADJ
economy-1580	174	67	wealth	wealth	NOUN
economy-1580	174	68	(	(	PUNCT
economy-1580	174	69	a	a	X
economy-1580	174	70	)	)	PUNCT
economy-1580	174	71	=	=	SYM
economy-1580	174	72	∑	∑	PUNCT
economy-1580	174	73	(	(	PUNCT
economy-1580	174	74	)	)	PUNCT
economy-1580	174	75	(	(	PUNCT
economy-1580	174	76	6	6	NUM
economy-1580	174	77	)	)	PUNCT
economy-1580	174	78	in	in	ADP
economy-1580	174	79	equation	equation	NOUN
economy-1580	174	80	6	6	NUM
economy-1580	174	81	,	,	PUNCT
economy-1580	174	82	=	=	PRON
economy-1580	174	83	expected	expect	VERB
economy-1580	174	84	financial	financial	ADJ
economy-1580	174	85	wealth	wealth	NOUN
economy-1580	174	86	from	from	ADP
economy-1580	174	87	stocks	stock	NOUN
economy-1580	174	88	and	and	CCONJ
economy-1580	174	89	bonds	bond	NOUN
economy-1580	174	90	;	;	PUNCT
economy-1580	174	91	and	and	CCONJ
economy-1580	174	92	,	,	PUNCT
economy-1580	174	93	r	r	NOUN
economy-1580	174	94	represents	represent	VERB
economy-1580	174	95	the	the	DET
economy-1580	174	96	rates	rate	NOUN
economy-1580	174	97	of	of	ADP
economy-1580	174	98	interest	interest	NOUN
economy-1580	174	99	(	(	PUNCT
economy-1580	174	100	monetary	monetary	ADJ
economy-1580	174	101	policy	policy	NOUN
economy-1580	174	102	rate	rate	NOUN
economy-1580	174	103	)	)	PUNCT
economy-1580	174	104	.	.	PUNCT
economy-1580	175	1	for	for	ADP
economy-1580	175	2	the	the	DET
economy-1580	175	3	nexus	nexus	NOUN
economy-1580	175	4	between	between	ADP
economy-1580	175	5	fiscal	fiscal	ADJ
economy-1580	175	6	policy	policy	NOUN
economy-1580	175	7	and	and	CCONJ
economy-1580	175	8	financial	financial	ADJ
economy-1580	175	9	wealth	wealth	NOUN
economy-1580	175	10	,	,	PUNCT
economy-1580	175	11	the	the	DET
economy-1580	175	12	specification	specification	NOUN
economy-1580	175	13	of	of	ADP
economy-1580	175	14	ardagna	ardagna	PROPN
economy-1580	175	15	(	(	PUNCT
economy-1580	175	16	2009	2009	NUM
economy-1580	175	17	)	)	PUNCT
economy-1580	175	18	for	for	ADP
economy-1580	175	19	the	the	DET
economy-1580	175	20	us	us	PROPN
economy-1580	175	21	stock	stock	NOUN
economy-1580	175	22	market	market	NOUN
economy-1580	175	23	and	and	CCONJ
economy-1580	175	24	fiscal	fiscal	ADJ
economy-1580	175	25	policy	policy	NOUN
economy-1580	175	26	was	be	AUX
economy-1580	175	27	adopted	adopt	VERB
economy-1580	175	28	as	as	SCONJ
economy-1580	175	29	expressed	express	VERB
economy-1580	175	30	below	below	ADV
economy-1580	175	31	in	in	ADP
economy-1580	175	32	equation	equation	NOUN
economy-1580	175	33	7	7	NUM
economy-1580	175	34	:	:	PUNCT
economy-1580	175	35	=	=	SYM
economy-1580	175	36	∑	∑	PUNCT
economy-1580	175	37	(	(	PUNCT
economy-1580	175	38	)	)	PUNCT
economy-1580	175	39	(	(	PUNCT
economy-1580	175	40	7	7	NUM
economy-1580	175	41	)	)	PUNCT
economy-1580	175	42	from	from	ADP
economy-1580	175	43	equation	equation	NOUN
economy-1580	175	44	7	7	NUM
economy-1580	175	45	,	,	PUNCT
economy-1580	175	46	denotes	denote	VERB
economy-1580	175	47	the	the	DET
economy-1580	175	48	stock	stock	NOUN
economy-1580	175	49	market	market	NOUN
economy-1580	175	50	and	and	CCONJ
economy-1580	175	51	represents	represent	VERB
economy-1580	175	52	the	the	DET
economy-1580	175	53	fiscal	fiscal	ADJ
economy-1580	175	54	stance	stance	NOUN
economy-1580	175	55	at	at	ADP
economy-1580	175	56	a	a	DET
economy-1580	175	57	certain	certain	ADJ
economy-1580	175	58	period	period	NOUN
economy-1580	175	59	,	,	PUNCT
economy-1580	175	60	let	let	VERB
economy-1580	175	61	’s	’s	PRON
economy-1580	175	62	say	say	VERB
economy-1580	175	63	time	time	NOUN
economy-1580	175	64	.	.	PUNCT
economy-1580	176	1	hence	hence	ADV
economy-1580	176	2	,	,	PUNCT
economy-1580	176	3	recognizing	recognize	VERB
economy-1580	176	4	the	the	DET
economy-1580	176	5	effect	effect	NOUN
economy-1580	176	6	of	of	ADP
economy-1580	176	7	interactions	interaction	NOUN
economy-1580	176	8	between	between	ADP
economy-1580	176	9	fiscal	fiscal	ADJ
economy-1580	176	10	policy	policy	NOUN
economy-1580	176	11	and	and	CCONJ
economy-1580	176	12	monetary	monetary	ADJ
economy-1580	176	13	policy	policy	NOUN
economy-1580	176	14	on	on	ADP
economy-1580	176	15	stock	stock	NOUN
economy-1580	176	16	market	market	NOUN
economy-1580	176	17	activites	activite	NOUN
economy-1580	176	18	as	as	SCONJ
economy-1580	176	19	stated	state	VERB
economy-1580	176	20	by	by	ADP
economy-1580	176	21	empirical	empirical	ADJ
economy-1580	176	22	studies	study	NOUN
economy-1580	176	23	such	such	ADJ
economy-1580	176	24	as	as	ADP
economy-1580	176	25	chibi	chibi	PROPN
economy-1580	176	26	et	et	PROPN
economy-1580	176	27	al	al	PROPN
economy-1580	176	28	.	.	PROPN
economy-1580	177	1	(	(	PUNCT
economy-1580	177	2	2019	2019	NUM
economy-1580	177	3	)	)	PUNCT
economy-1580	177	4	;	;	PUNCT
economy-1580	177	5	tawfiq	tawfiq	PROPN
economy-1580	177	6	and	and	CCONJ
economy-1580	177	7	tahtamouni	tahtamouni	PROPN
economy-1580	177	8	(	(	PUNCT
economy-1580	177	9	2018	2018	NUM
economy-1580	177	10	)	)	PUNCT
economy-1580	177	11	equations	equation	NOUN
economy-1580	177	12	6	6	NUM
economy-1580	177	13	and	and	CCONJ
economy-1580	177	14	7	7	NUM
economy-1580	177	15	were	be	AUX
economy-1580	177	16	merged	merge	VERB
economy-1580	177	17	.	.	PUNCT
economy-1580	178	1	hence	hence	ADV
economy-1580	178	2	,	,	PUNCT
economy-1580	178	3	the	the	DET
economy-1580	178	4	model	model	NOUN
economy-1580	178	5	was	be	AUX
economy-1580	178	6	represented	represent	VERB
economy-1580	178	7	as	as	SCONJ
economy-1580	178	8	follows	follow	VERB
economy-1580	178	9	:	:	PUNCT
economy-1580	178	10	(	(	PUNCT
economy-1580	178	11	)	)	PUNCT
economy-1580	178	12	(	(	PUNCT
economy-1580	178	13	)	)	PUNCT
economy-1580	178	14	=	=	SYM
economy-1580	178	15	∑	∑	PUNCT
economy-1580	178	16	(	(	PUNCT
economy-1580	178	17	(	(	PUNCT
economy-1580	178	18	)	)	PUNCT
economy-1580	178	19	)	)	PUNCT
economy-1580	179	1	(	(	PUNCT
economy-1580	179	2	8)	8)	NUM
economy-1580	179	3	hence	hence	ADV
economy-1580	179	4	,	,	PUNCT
economy-1580	179	5	equation	equation	NOUN
economy-1580	179	6	8	8	NUM
economy-1580	179	7	implies	imply	VERB
economy-1580	179	8	that	that	SCONJ
economy-1580	179	9	stock	stock	NOUN
economy-1580	179	10	market	market	NOUN
economy-1580	179	11	activities	activity	NOUN
economy-1580	179	12	=	=	SYM
economy-1580	180	1	f	f	X
economy-1580	180	2	(	(	PUNCT
economy-1580	180	3	,	,	PUNCT
economy-1580	180	4	)	)	PUNCT
economy-1580	180	5	having	having	AUX
economy-1580	180	6	established	establish	VERB
economy-1580	180	7	from	from	ADP
economy-1580	180	8	the	the	DET
economy-1580	180	9	theoretical	theoretical	ADJ
economy-1580	180	10	framework	framework	NOUN
economy-1580	180	11	the	the	DET
economy-1580	180	12	fiscal	fiscal	ADJ
economy-1580	180	13	and	and	CCONJ
economy-1580	180	14	monetary	monetary	ADJ
economy-1580	180	15	policies	policy	NOUN
economy-1580	180	16	influence	influence	VERB
economy-1580	180	17	stock	stock	NOUN
economy-1580	180	18	market	market	NOUN
economy-1580	180	19	activities	activity	NOUN
economy-1580	180	20	,	,	PUNCT
economy-1580	180	21	it	it	PRON
economy-1580	180	22	is	be	AUX
economy-1580	180	23	believed	believe	VERB
economy-1580	180	24	that	that	SCONJ
economy-1580	180	25	stock	stock	NOUN
economy-1580	180	26	market	market	NOUN
economy-1580	180	27	liquidity	liquidity	NOUN
economy-1580	180	28	would	would	AUX
economy-1580	180	29	respond	respond	VERB
economy-1580	180	30	to	to	ADP
economy-1580	180	31	changes	change	NOUN
economy-1580	180	32	in	in	ADP
economy-1580	180	33	such	such	ADJ
economy-1580	180	34	macroeconomic	macroeconomic	ADJ
economy-1580	180	35	policies	policy	NOUN
economy-1580	180	36	.	.	PUNCT
economy-1580	181	1	hence	hence	ADV
economy-1580	181	2	,	,	PUNCT
economy-1580	181	3	given	give	VERB
economy-1580	181	4	that	that	DET
economy-1580	181	5	fiscal	fiscal	ADJ
economy-1580	181	6	policy	policy	NOUN
economy-1580	181	7	according	accord	VERB
economy-1580	181	8	to	to	ADP
economy-1580	181	9	alade	alade	NOUN
economy-1580	181	10	(	(	PUNCT
economy-1580	181	11	2017	2017	NUM
economy-1580	181	12	)	)	PUNCT
economy-1580	181	13	has	have	VERB
economy-1580	181	14	three	three	NUM
economy-1580	181	15	major	major	ADJ
economy-1580	181	16	components	component	NOUN
economy-1580	181	17	,	,	PUNCT
economy-1580	181	18	that	that	ADV
economy-1580	181	19	is	is	ADV
economy-1580	181	20	,	,	PUNCT
economy-1580	181	21	government	government	NOUN
economy-1580	181	22	collected	collect	VERB
economy-1580	181	23	tax	tax	NOUN
economy-1580	181	24	revenue	revenue	NOUN
economy-1580	181	25	,	,	PUNCT
economy-1580	181	26	public	public	ADJ
economy-1580	181	27	expenditures	expenditure	NOUN
economy-1580	181	28	and	and	CCONJ
economy-1580	181	29	government	government	NOUN
economy-1580	181	30	debt	debt	NOUN
economy-1580	181	31	,	,	PUNCT
economy-1580	181	32	while	while	SCONJ
economy-1580	181	33	ukeje	ukeje	ADJ
economy-1580	181	34	(	(	PUNCT
economy-1580	181	35	2012	2012	NUM
economy-1580	181	36	)	)	PUNCT
economy-1580	181	37	also	also	ADV
economy-1580	181	38	indicated	indicate	VERB
economy-1580	181	39	that	that	SCONJ
economy-1580	181	40	monetary	monetary	ADJ
economy-1580	181	41	policy	policy	NOUN
economy-1580	181	42	is	be	AUX
economy-1580	181	43	transmitted	transmit	VERB
economy-1580	181	44	through	through	ADP
economy-1580	181	45	the	the	DET
economy-1580	181	46	discount	discount	NOUN
economy-1580	181	47	rate	rate	NOUN
economy-1580	181	48	(	(	PUNCT
economy-1580	181	49	monetary	monetary	ADJ
economy-1580	181	50	policy	policy	NOUN
economy-1580	181	51	rate	rate	NOUN
economy-1580	181	52	)	)	PUNCT
economy-1580	181	53	as	as	ADV
economy-1580	181	54	well	well	ADV
economy-1580	181	55	as	as	ADP
economy-1580	181	56	monetary	monetary	ADJ
economy-1580	181	57	authority	authority	NOUN
economy-1580	181	58	’s	’s	PART
economy-1580	181	59	prescriptions	prescription	NOUN
economy-1580	181	60	of	of	ADP
economy-1580	181	61	cash	cash	NOUN
economy-1580	181	62	reserve	reserve	NOUN
economy-1580	181	63	ratio	ratio	NOUN
economy-1580	181	64	and	and	CCONJ
economy-1580	181	65	liquidity	liquidity	NOUN
economy-1580	181	66	ratio	ratio	NOUN
economy-1580	181	67	of	of	ADP
economy-1580	181	68	deposit	deposit	NOUN
economy-1580	181	69	money	money	NOUN
economy-1580	181	70	banks	bank	NOUN
economy-1580	181	71	in	in	ADP
economy-1580	181	72	nigeria	nigeria	PROPN
economy-1580	181	73	.	.	PUNCT
economy-1580	182	1	hence	hence	ADV
economy-1580	182	2	,	,	PUNCT
economy-1580	182	3	equation	equation	NOUN
economy-1580	182	4	8	8	NUM
economy-1580	182	5	was	be	AUX
economy-1580	182	6	restructured	restructure	VERB
economy-1580	182	7	to	to	PART
economy-1580	182	8	capture	capture	VERB
economy-1580	182	9	the	the	DET
economy-1580	182	10	aforementioned	aforementioned	ADJ
economy-1580	182	11	components	component	NOUN
economy-1580	182	12	of	of	ADP
economy-1580	182	13	fiscal	fiscal	ADJ
economy-1580	182	14	and	and	CCONJ
economy-1580	182	15	monetary	monetary	ADJ
economy-1580	182	16	policies	policy	NOUN
economy-1580	182	17	as	as	SCONJ
economy-1580	182	18	shown	show	VERB
economy-1580	182	19	in	in	ADP
economy-1580	182	20	equation	equation	NOUN
economy-1580	182	21	9	9	NUM
economy-1580	182	22	:	:	PUNCT
economy-1580	182	23	economy	economy	NOUN
economy-1580	182	24	,	,	PUNCT
economy-1580	182	25	2020	2020	NUM
economy-1580	182	26	,	,	PUNCT
economy-1580	182	27	7(1	7(1	NUM
economy-1580	182	28	):	):	PUNCT
economy-1580	182	29	25	25	NUM
economy-1580	182	30	-	-	SYM
economy-1580	182	31	35	35	NUM
economy-1580	182	32	31	31	NUM
economy-1580	182	33	©	©	PROPN
economy-1580	182	34	2020	2020	NUM
economy-1580	182	35	by	by	ADP
economy-1580	182	36	the	the	DET
economy-1580	182	37	authors	author	NOUN
economy-1580	182	38	;	;	PUNCT
economy-1580	182	39	licensee	licensee	PROPN
economy-1580	182	40	asian	asian	ADJ
economy-1580	182	41	online	online	PROPN
economy-1580	182	42	journal	journal	PROPN
economy-1580	182	43	publishing	publishing	NOUN
economy-1580	182	44	group	group	NOUN
economy-1580	182	45	=	=	PUNCT
economy-1580	183	1	+	+	PUNCT
economy-1580	184	1	+	+	PUNCT
economy-1580	184	2	+	+	PUNCT
economy-1580	184	3	+	+	PUNCT
economy-1580	184	4	+	+	PUNCT
economy-1580	184	5	+	+	PUNCT
economy-1580	184	6	+	+	CCONJ
economy-1580	184	7	(	(	PUNCT
economy-1580	184	8	9	9	NUM
economy-1580	184	9	)	)	PUNCT
economy-1580	184	10	where	where	SCONJ
economy-1580	184	11	,	,	PUNCT
economy-1580	184	12	=	=	PUNCT
economy-1580	184	13	stock	stock	NOUN
economy-1580	184	14	market	market	NOUN
economy-1580	184	15	turnover	turnover	NOUN
economy-1580	184	16	ratio	ratio	NOUN
economy-1580	184	17	(	(	PUNCT
economy-1580	184	18	measure	measure	NOUN
economy-1580	184	19	of	of	ADP
economy-1580	184	20	stock	stock	NOUN
economy-1580	184	21	market	market	NOUN
economy-1580	184	22	liquidity	liquidity	NOUN
economy-1580	184	23	)	)	PUNCT
economy-1580	184	24	at	at	ADP
economy-1580	184	25	time	time	NOUN
economy-1580	184	26	t.	t.	PROPN
economy-1580	184	27	=	=	PROPN
economy-1580	184	28	government	government	NOUN
economy-1580	184	29	collected	collect	VERB
economy-1580	184	30	tax	tax	NOUN
economy-1580	184	31	revenue	revenue	NOUN
economy-1580	184	32	at	at	ADP
economy-1580	184	33	time	time	NOUN
economy-1580	184	34	t.	t.	NOUN
economy-1580	184	35	=	=	NOUN
economy-1580	184	36	government	government	NOUN
economy-1580	184	37	expenditures	expenditure	NOUN
economy-1580	184	38	at	at	ADP
economy-1580	184	39	time	time	NOUN
economy-1580	184	40	t.	t.	NOUN
economy-1580	184	41	=	=	NOUN
economy-1580	184	42	government	government	NOUN
economy-1580	184	43	borrowing	borrowing	NOUN
economy-1580	184	44	at	at	ADP
economy-1580	184	45	time	time	NOUN
economy-1580	184	46	t.	t.	NOUN
economy-1580	184	47	=	=	PROPN
economy-1580	184	48	monetary	monetary	ADJ
economy-1580	184	49	policy	policy	NOUN
economy-1580	184	50	rate	rate	NOUN
economy-1580	184	51	at	at	ADP
economy-1580	184	52	time	time	NOUN
economy-1580	184	53	t.	t.	NOUN
economy-1580	184	54	=	=	NOUN
economy-1580	184	55	cash	cash	NOUN
economy-1580	184	56	reserve	reserve	NOUN
economy-1580	184	57	ratio	ratio	NOUN
economy-1580	184	58	at	at	ADP
economy-1580	184	59	time	time	NOUN
economy-1580	184	60	t.	t.	NOUN
economy-1580	184	61	=	=	PUNCT
economy-1580	184	62	liquidity	liquidity	NOUN
economy-1580	184	63	ratio	ratio	NOUN
economy-1580	184	64	at	at	ADP
economy-1580	184	65	time	time	NOUN
economy-1580	184	66	t.	t.	NOUN
economy-1580	184	67	=	=	PUNCT
economy-1580	184	68	constant	constant	ADJ
economy-1580	184	69	.	.	PUNCT
economy-1580	185	1	=	=	PRON
economy-1580	185	2	coefficients	coefficient	NOUN
economy-1580	185	3	of	of	ADP
economy-1580	185	4	the	the	DET
economy-1580	185	5	explanatory	explanatory	ADJ
economy-1580	185	6	variables	variable	NOUN
economy-1580	185	7	.	.	PUNCT
economy-1580	186	1	=	=	NOUN
economy-1580	186	2	error	error	NOUN
economy-1580	186	3	term	term	NOUN
economy-1580	186	4	.	.	PUNCT
economy-1580	187	1	7	7	X
economy-1580	187	2	.	.	X
economy-1580	187	3	data	datum	NOUN
economy-1580	187	4	estimation	estimation	NOUN
economy-1580	187	5	techniques	technique	NOUN
economy-1580	187	6	the	the	DET
economy-1580	187	7	study	study	NOUN
economy-1580	187	8	applied	apply	VERB
economy-1580	187	9	autoregressive	autoregressive	ADJ
economy-1580	187	10	distributed	distribute	VERB
economy-1580	187	11	lag	lag	NOUN
economy-1580	187	12	(	(	PUNCT
economy-1580	187	13	ardl	ardl	NOUN
economy-1580	187	14	)	)	PUNCT
economy-1580	187	15	bounds	bound	VERB
economy-1580	187	16	test	test	NOUN
economy-1580	187	17	approach	approach	NOUN
economy-1580	187	18	for	for	ADP
economy-1580	187	19	the	the	DET
economy-1580	187	20	study	study	NOUN
economy-1580	187	21	.	.	PUNCT
economy-1580	188	1	the	the	DET
economy-1580	188	2	bounds	bound	NOUN
economy-1580	188	3	testing	testing	NOUN
economy-1580	188	4	was	be	AUX
economy-1580	188	5	used	use	VERB
economy-1580	188	6	to	to	PART
economy-1580	188	7	determine	determine	VERB
economy-1580	188	8	if	if	SCONJ
economy-1580	188	9	the	the	DET
economy-1580	188	10	long	long	ADV
economy-1580	188	11	-	-	PUNCT
economy-1580	188	12	run	run	NOUN
economy-1580	188	13	relationship	relationship	NOUN
economy-1580	188	14	between	between	ADP
economy-1580	188	15	the	the	DET
economy-1580	188	16	variables	variable	NOUN
economy-1580	188	17	in	in	ADP
economy-1580	188	18	the	the	DET
economy-1580	188	19	model	model	NOUN
economy-1580	188	20	.	.	PUNCT
economy-1580	189	1	if	if	SCONJ
economy-1580	189	2	the	the	DET
economy-1580	189	3	variables	variable	NOUN
economy-1580	189	4	are	be	AUX
economy-1580	189	5	cointegrated	cointegrate	VERB
economy-1580	189	6	,	,	PUNCT
economy-1580	189	7	the	the	DET
economy-1580	189	8	long	long	ADV
economy-1580	189	9	-	-	PUNCT
economy-1580	189	10	run	run	VERB
economy-1580	189	11	ardl	ardl	NOUN
economy-1580	189	12	model	model	NOUN
economy-1580	189	13	will	will	AUX
economy-1580	189	14	be	be	AUX
economy-1580	189	15	estimated	estimate	VERB
economy-1580	189	16	and	and	CCONJ
economy-1580	189	17	also	also	ADV
economy-1580	189	18	the	the	DET
economy-1580	189	19	speed	speed	NOUN
economy-1580	189	20	of	of	ADP
economy-1580	189	21	adjustment	adjustment	NOUN
economy-1580	189	22	will	will	AUX
economy-1580	189	23	be	be	AUX
economy-1580	189	24	found	find	VERB
economy-1580	189	25	.	.	PUNCT
economy-1580	190	1	in	in	ADP
economy-1580	190	2	ardl	ardl	NOUN
economy-1580	190	3	analysis	analysis	NOUN
economy-1580	190	4	,	,	PUNCT
economy-1580	190	5	long	long	ADV
economy-1580	190	6	-	-	PUNCT
economy-1580	190	7	run	run	VERB
economy-1580	190	8	and	and	CCONJ
economy-1580	190	9	short	short	ADJ
economy-1580	190	10	-	-	PUNCT
economy-1580	190	11	run	run	NOUN
economy-1580	190	12	coefficients	coefficient	NOUN
economy-1580	190	13	are	be	AUX
economy-1580	190	14	estimated	estimate	VERB
economy-1580	190	15	simultaneously	simultaneously	ADV
economy-1580	190	16	,	,	PUNCT
economy-1580	190	17	and	and	CCONJ
economy-1580	190	18	model	model	NOUN
economy-1580	190	19	could	could	AUX
economy-1580	190	20	be	be	AUX
economy-1580	190	21	developed	develop	VERB
economy-1580	190	22	and	and	CCONJ
economy-1580	190	23	utilized	utilize	VERB
economy-1580	190	24	for	for	ADP
economy-1580	190	25	cointegration	cointegration	NOUN
economy-1580	190	26	test	test	NOUN
economy-1580	190	27	even	even	ADV
economy-1580	190	28	if	if	SCONJ
economy-1580	190	29	all	all	DET
economy-1580	190	30	the	the	DET
economy-1580	190	31	variables	variable	NOUN
economy-1580	190	32	were	be	AUX
economy-1580	190	33	not	not	PART
economy-1580	190	34	stationary	stationary	ADJ
economy-1580	190	35	after	after	ADP
economy-1580	190	36	first	first	ADV
economy-1580	190	37	differencing	difference	VERB
economy-1580	190	38	1(1	1(1	NUM
economy-1580	190	39	)	)	PUNCT
economy-1580	190	40	,	,	PUNCT
economy-1580	190	41	or	or	CCONJ
economy-1580	190	42	at	at	ADP
economy-1580	190	43	level	level	NOUN
economy-1580	190	44	i.e.	i.e.	X
economy-1580	190	45	1(0	1(0	NUM
economy-1580	190	46	)	)	PUNCT
economy-1580	190	47	.	.	PUNCT
economy-1580	191	1	ardl	ardl	NOUN
economy-1580	191	2	model	model	NOUN
economy-1580	191	3	is	be	AUX
economy-1580	191	4	used	use	VERB
economy-1580	191	5	when	when	SCONJ
economy-1580	191	6	the	the	DET
economy-1580	191	7	variables	variable	NOUN
economy-1580	191	8	are	be	AUX
economy-1580	191	9	of	of	ADP
economy-1580	191	10	mixed	mixed	ADJ
economy-1580	191	11	integration	integration	NOUN
economy-1580	191	12	at	at	ADP
economy-1580	191	13	order	order	NOUN
economy-1580	191	14	one	one	NUM
economy-1580	191	15	,	,	PUNCT
economy-1580	191	16	1(1	1(1	NUM
economy-1580	191	17	)	)	PUNCT
economy-1580	191	18	and	and	CCONJ
economy-1580	191	19	at	at	ADP
economy-1580	191	20	level	level	NOUN
economy-1580	191	21	,	,	PUNCT
economy-1580	191	22	1(0	1(0	NUM
economy-1580	191	23	)	)	PUNCT
economy-1580	191	24	,	,	PUNCT
economy-1580	191	25	but	but	CCONJ
economy-1580	191	26	none	none	NOUN
economy-1580	191	27	is	be	AUX
economy-1580	191	28	integrated	integrate	VERB
economy-1580	191	29	at	at	ADP
economy-1580	191	30	second	second	ADJ
economy-1580	191	31	differencing	differencing	NOUN
economy-1580	191	32	,	,	PUNCT
economy-1580	191	33	1(2	1(2	NUM
economy-1580	191	34	)	)	PUNCT
economy-1580	191	35	(	(	PUNCT
economy-1580	191	36	pesaran	pesaran	ADJ
economy-1580	191	37	,	,	PUNCT
economy-1580	191	38	shin	shin	NOUN
economy-1580	191	39	,	,	PUNCT
economy-1580	191	40	&	&	CCONJ
economy-1580	191	41	smith	smith	PROPN
economy-1580	191	42	,	,	PUNCT
economy-1580	191	43	2001	2001	NUM
economy-1580	191	44	)	)	PUNCT
economy-1580	191	45	.	.	PUNCT
economy-1580	192	1	the	the	DET
economy-1580	192	2	ardl	ardl	NOUN
economy-1580	192	3	bounds	bound	VERB
economy-1580	192	4	testing	testing	NOUN
economy-1580	192	5	specification	specification	NOUN
economy-1580	192	6	of	of	ADP
economy-1580	192	7	equation	equation	NOUN
economy-1580	192	8	9	9	NUM
economy-1580	192	9	was	be	AUX
economy-1580	192	10	expressed	express	VERB
economy-1580	192	11	as	as	ADP
economy-1580	192	12	error	error	NOUN
economy-1580	192	13	correction	correction	NOUN
economy-1580	192	14	mechanism	mechanism	NOUN
economy-1580	192	15	(	(	PUNCT
economy-1580	192	16	ecm	ecm	NOUN
economy-1580	192	17	)	)	PUNCT
economy-1580	192	18	to	to	PART
economy-1580	192	19	test	test	VERB
economy-1580	192	20	for	for	ADP
economy-1580	192	21	cointegration	cointegration	NOUN
economy-1580	192	22	between	between	ADP
economy-1580	192	23	the	the	DET
economy-1580	192	24	variables	variable	NOUN
economy-1580	192	25	in	in	ADP
economy-1580	192	26	view	view	NOUN
economy-1580	192	27	.	.	PUNCT
economy-1580	193	1	equations	equation	NOUN
economy-1580	193	2	10	10	NUM
economy-1580	193	3	,	,	PUNCT
economy-1580	193	4	11	11	NUM
economy-1580	193	5	and	and	CCONJ
economy-1580	193	6	12	12	NUM
economy-1580	193	7	denotes	denote	NOUN
economy-1580	193	8	the	the	DET
economy-1580	193	9	bounds	bound	NOUN
economy-1580	193	10	test	test	VERB
economy-1580	193	11	,	,	PUNCT
economy-1580	193	12	long	long	ADJ
economy-1580	193	13	-	-	PUNCT
economy-1580	193	14	run	run	VERB
economy-1580	193	15	estimates	estimate	NOUN
economy-1580	193	16	and	and	CCONJ
economy-1580	193	17	the	the	DET
economy-1580	193	18	ecm	ecm	NOUN
economy-1580	193	19	,	,	PUNCT
economy-1580	193	20	respectively	respectively	ADV
economy-1580	193	21	.	.	PUNCT
economy-1580	194	1	=	=	PRON
economy-1580	195	1	δo	δo	ADP
economy-1580	195	2	+	+	CCONJ
economy-1580	195	3	∑	∑	PUNCT
economy-1580	195	4	+	+	NUM
economy-1580	195	5	∑	∑	PROPN
economy-1580	195	6	+	+	NUM
economy-1580	195	7	∑	∑	PROPN
economy-1580	195	8	+	+	NUM
economy-1580	195	9	∑	∑	PROPN
economy-1580	195	10	+	+	NUM
economy-1580	195	11	∑	∑	PROPN
economy-1580	195	12	+	+	NUM
economy-1580	195	13	∑	∑	ADP
economy-1580	195	14	∑	∑	PUNCT
economy-1580	195	15	+	+	PUNCT
economy-1580	195	16	+	+	PUNCT
economy-1580	195	17	+	+	PUNCT
economy-1580	195	18	+	+	PUNCT
economy-1580	195	19	+	+	PUNCT
economy-1580	195	20	+	+	PUNCT
economy-1580	195	21	+	+	CCONJ
economy-1580	195	22	(	(	PUNCT
economy-1580	195	23	10	10	NUM
economy-1580	195	24	)	)	PUNCT
economy-1580	195	25	after	after	SCONJ
economy-1580	195	26	cointegration	cointegration	NOUN
economy-1580	195	27	is	be	AUX
economy-1580	195	28	established	establish	VERB
economy-1580	195	29	,	,	PUNCT
economy-1580	195	30	the	the	DET
economy-1580	195	31	estimation	estimation	NOUN
economy-1580	195	32	of	of	ADP
economy-1580	195	33	the	the	DET
economy-1580	195	34	long	long	ADV
economy-1580	195	35	-	-	PUNCT
economy-1580	195	36	run	run	NOUN
economy-1580	195	37	relationship	relationship	NOUN
economy-1580	195	38	followed	follow	VERB
economy-1580	195	39	equation	equation	NOUN
economy-1580	195	40	11	11	NUM
economy-1580	195	41	below	below	ADV
economy-1580	195	42	:	:	PUNCT
economy-1580	196	1	=	=	X
economy-1580	197	1	+	+	PUNCT
economy-1580	197	2	+	+	PUNCT
economy-1580	197	3	+	+	PUNCT
economy-1580	197	4	+	+	PUNCT
economy-1580	197	5	+	+	PUNCT
economy-1580	197	6	+	+	CCONJ
economy-1580	197	7	(	(	PUNCT
economy-1580	197	8	11	11	NUM
economy-1580	197	9	)	)	PUNCT
economy-1580	197	10	equation	equation	NOUN
economy-1580	197	11	12	12	NUM
economy-1580	197	12	below	below	ADP
economy-1580	197	13	displays	display	VERB
economy-1580	197	14	the	the	DET
economy-1580	197	15	short	short	ADJ
economy-1580	197	16	-	-	PUNCT
economy-1580	197	17	run	run	NOUN
economy-1580	197	18	relationship	relationship	NOUN
economy-1580	197	19	and	and	CCONJ
economy-1580	197	20	the	the	DET
economy-1580	197	21	error	error	NOUN
economy-1580	197	22	correction	correction	NOUN
economy-1580	197	23	mechanism	mechanism	NOUN
economy-1580	197	24	:	:	PUNCT
economy-1580	197	25	=	=	SYM
economy-1580	198	1	δo	δo	ADP
economy-1580	198	2	+	+	CCONJ
economy-1580	198	3	∑	∑	PROPN
economy-1580	198	4	+	+	NUM
economy-1580	198	5	∑	∑	PROPN
economy-1580	198	6	+	+	NUM
economy-1580	198	7	∑	∑	PROPN
economy-1580	198	8	+	+	NUM
economy-1580	198	9	∑	∑	PROPN
economy-1580	198	10	+	+	NUM
economy-1580	198	11	∑	∑	PROPN
economy-1580	198	12	+	+	NUM
economy-1580	198	13	∑	∑	PROPN
economy-1580	198	14	+	+	NUM
economy-1580	198	15	∑	∑	PUNCT
economy-1580	198	16	+	+	SYM
economy-1580	198	17	+	+	CCONJ
economy-1580	198	18	(	(	PUNCT
economy-1580	198	19	12	12	NUM
economy-1580	198	20	)	)	PUNCT
economy-1580	198	21	where	where	SCONJ
economy-1580	198	22	,	,	PUNCT
economy-1580	198	23	=	=	SYM
economy-1580	198	24	constant	constant	ADJ
economy-1580	198	25	=	=	ADJ
economy-1580	198	26	short	short	ADJ
economy-1580	198	27	-	-	PUNCT
economy-1580	198	28	run	run	NOUN
economy-1580	198	29	elasticities	elasticity	NOUN
economy-1580	198	30	(	(	PUNCT
economy-1580	198	31	coefficients	coefficient	NOUN
economy-1580	198	32	of	of	ADP
economy-1580	198	33	the	the	DET
economy-1580	198	34	first	first	ADV
economy-1580	198	35	-	-	PUNCT
economy-1580	198	36	differenced	difference	VERB
economy-1580	198	37	explanatory	explanatory	ADJ
economy-1580	198	38	variables	variable	NOUN
economy-1580	198	39	)	)	PUNCT
economy-1580	198	40	=	=	VERB
economy-1580	198	41	long	long	ADJ
economy-1580	198	42	-	-	PUNCT
economy-1580	198	43	run	run	NOUN
economy-1580	198	44	elasticites	elasticite	NOUN
economy-1580	198	45	(	(	PUNCT
economy-1580	198	46	coefficients	coefficient	NOUN
economy-1580	198	47	of	of	ADP
economy-1580	198	48	the	the	DET
economy-1580	198	49	explanatory	explanatory	ADJ
economy-1580	198	50	variables	variable	NOUN
economy-1580	198	51	)	)	PUNCT
economy-1580	198	52	θ	θ	NOUN
economy-1580	198	53	=	=	PUNCT
economy-1580	198	54	speed	speed	NOUN
economy-1580	198	55	of	of	ADP
economy-1580	198	56	adjustment	adjustment	NOUN
economy-1580	198	57	=	=	NOUN
economy-1580	198	58	error	error	NOUN
economy-1580	198	59	correction	correction	NOUN
economy-1580	198	60	term	term	NOUN
economy-1580	198	61	lagged	lag	VERB
economy-1580	198	62	for	for	ADP
economy-1580	198	63	one	one	NUM
economy-1580	198	64	period	period	NOUN
economy-1580	198	65	δ	δ	PROPN
economy-1580	198	66	=	=	PUNCT
economy-1580	198	67	first	first	ADJ
economy-1580	198	68	difference	difference	NOUN
economy-1580	198	69	operator	operator	NOUN
economy-1580	198	70	p	p	NOUN
economy-1580	198	71	=	=	NOUN
economy-1580	198	72	lag	lag	NOUN
economy-1580	198	73	length	length	NOUN
economy-1580	198	74	before	before	ADP
economy-1580	198	75	estimating	estimate	VERB
economy-1580	198	76	the	the	DET
economy-1580	198	77	ardl	ardl	NOUN
economy-1580	198	78	model	model	NOUN
economy-1580	198	79	,	,	PUNCT
economy-1580	198	80	the	the	DET
economy-1580	198	81	data	datum	NOUN
economy-1580	198	82	were	be	AUX
economy-1580	198	83	individually	individually	ADV
economy-1580	198	84	tested	test	VERB
economy-1580	198	85	for	for	ADP
economy-1580	198	86	unit	unit	NOUN
economy-1580	198	87	root	root	NOUN
economy-1580	198	88	.	.	PUNCT
economy-1580	199	1	this	this	DET
economy-1580	199	2	stage	stage	NOUN
economy-1580	199	3	is	be	AUX
economy-1580	199	4	very	very	ADV
economy-1580	199	5	necessary	necessary	ADJ
economy-1580	199	6	as	as	SCONJ
economy-1580	199	7	most	most	ADJ
economy-1580	199	8	macroeconomic	macroeconomic	ADJ
economy-1580	199	9	time	time	NOUN
economy-1580	199	10	series	series	PROPN
economy-1580	199	11	contain	contain	VERB
economy-1580	199	12	unit	unit	NOUN
economy-1580	199	13	root	root	NOUN
economy-1580	199	14	and	and	CCONJ
economy-1580	199	15	any	any	DET
economy-1580	199	16	regression	regression	NOUN
economy-1580	199	17	involving	involve	VERB
economy-1580	199	18	non	non	ADJ
economy-1580	199	19	-	-	ADJ
economy-1580	199	20	stationary	stationary	ADJ
economy-1580	199	21	series	series	NOUN
economy-1580	199	22	produces	produce	VERB
economy-1580	199	23	spurious	spurious	ADJ
economy-1580	199	24	regression	regression	NOUN
economy-1580	199	25	output	output	NOUN
economy-1580	199	26	.	.	PUNCT
economy-1580	200	1	the	the	DET
economy-1580	200	2	test	test	NOUN
economy-1580	200	3	for	for	ADP
economy-1580	200	4	stationarity	stationarity	NOUN
economy-1580	200	5	of	of	ADP
economy-1580	200	6	data	datum	NOUN
economy-1580	200	7	was	be	AUX
economy-1580	200	8	done	do	VERB
economy-1580	200	9	with	with	ADP
economy-1580	200	10	augmented	augment	VERB
economy-1580	200	11	dickey	dickey	PROPN
economy-1580	200	12	fuller	full	ADJ
economy-1580	200	13	(	(	PUNCT
economy-1580	200	14	adf	adf	NOUN
economy-1580	200	15	)	)	PUNCT
economy-1580	200	16	unit	unit	NOUN
economy-1580	200	17	root	root	PROPN
economy-1580	200	18	test	test	NOUN
economy-1580	200	19	approach	approach	NOUN
economy-1580	200	20	(	(	PUNCT
economy-1580	200	21	dickey	dickey	PROPN
economy-1580	200	22	&	&	CCONJ
economy-1580	200	23	fuller	full	ADJ
economy-1580	200	24	,	,	PUNCT
economy-1580	200	25	1979	1979	NUM
economy-1580	200	26	)	)	PUNCT
economy-1580	200	27	.	.	PUNCT
economy-1580	201	1	the	the	DET
economy-1580	201	2	model	model	PROPN
economy-1580	201	3	adf	adf	PROPN
economy-1580	201	4	model	model	NOUN
economy-1580	201	5	is	be	AUX
economy-1580	201	6	specified	specify	VERB
economy-1580	201	7	in	in	ADP
economy-1580	201	8	equation	equation	NOUN
economy-1580	201	9	13	13	NUM
economy-1580	201	10	:	:	PUNCT
economy-1580	202	1	=	=	PUNCT
economy-1580	202	2	+	+	NUM
economy-1580	202	3	t	t	NOUN
economy-1580	202	4	+	+	CCONJ
economy-1580	203	1	+	+	CCONJ
economy-1580	203	2	∑	∑	PUNCT
economy-1580	203	3	+	+	CCONJ
economy-1580	203	4	(	(	PUNCT
economy-1580	203	5	13	13	NUM
economy-1580	203	6	)	)	PUNCT
economy-1580	203	7	where	where	SCONJ
economy-1580	203	8	,	,	PUNCT
economy-1580	203	9	are	be	AUX
economy-1580	203	10	lagged	lag	VERB
economy-1580	203	11	value	value	NOUN
economy-1580	203	12	of	of	ADP
economy-1580	203	13	at	at	ADP
economy-1580	203	14	first	first	ADJ
economy-1580	203	15	difference	difference	NOUN
economy-1580	203	16	;	;	PUNCT
economy-1580	203	17	denotes	denote	NOUN
economy-1580	203	18	change	change	VERB
economy-1580	203	19	in	in	ADP
economy-1580	203	20	lagged	lag	VERB
economy-1580	203	21	value	value	NOUN
economy-1580	203	22	;	;	PUNCT
economy-1580	203	23	δ	δ	PROPN
economy-1580	203	24	indicates	indicate	VERB
economy-1580	203	25	the	the	DET
economy-1580	203	26	lag	lag	NOUN
economy-1580	203	27	length	length	NOUN
economy-1580	203	28	;	;	PUNCT
economy-1580	203	29	represents	represent	VERB
economy-1580	203	30	first	first	ADJ
economy-1580	203	31	difference	difference	NOUN
economy-1580	203	32	of	of	ADP
economy-1580	203	33	and	and	CCONJ
economy-1580	203	34	is	be	AUX
economy-1580	203	35	the	the	DET
economy-1580	203	36	error	error	NOUN
economy-1580	203	37	term	term	NOUN
economy-1580	203	38	.	.	PUNCT
economy-1580	204	1	8	8	X
economy-1580	204	2	.	.	PUNCT
economy-1580	204	3	empirical	empirical	ADJ
economy-1580	204	4	results	result	NOUN
economy-1580	204	5	table-1	table-1	PRON
economy-1580	204	6	.	.	PUNCT
economy-1580	205	1	adf	adf	PROPN
economy-1580	205	2	unit	unit	NOUN
economy-1580	205	3	root	root	PROPN
economy-1580	205	4	test	test	NOUN
economy-1580	205	5	results	result	NOUN
economy-1580	205	6	.	.	PUNCT
economy-1580	206	1	variable	variable	ADJ
economy-1580	206	2	adf	adf	PROPN
economy-1580	206	3	t	t	PROPN
economy-1580	206	4	-	-	PUNCT
economy-1580	206	5	statistic	statistic	ADJ
economy-1580	206	6	1	1	NUM
economy-1580	206	7	%	%	NOUN
economy-1580	206	8	level	level	NOUN
economy-1580	206	9	*	*	PUNCT
economy-1580	206	10	*	*	PUNCT
economy-1580	206	11	*	*	PUNCT
economy-1580	206	12	5	5	NUM
economy-1580	206	13	%	%	NOUN
economy-1580	206	14	level	level	NOUN
economy-1580	206	15	*	*	NOUN
economy-1580	206	16	*	*	NOUN
economy-1580	206	17	prob	prob	PROPN
economy-1580	206	18	.	.	PUNCT
economy-1580	207	1	at	at	ADP
economy-1580	207	2	level	level	NOUN
economy-1580	207	3	,	,	PUNCT
economy-1580	207	4	i(0	i(0	PROPN
economy-1580	207	5	):	):	PUNCT
economy-1580	207	6	tnr	tnr	PROPN
economy-1580	207	7	-2.9660	-2.9660	NOUN
economy-1580	207	8	-4.2732	-4.2732	PROPN
economy-1580	207	9	-3.5577	-3.5577	NOUN
economy-1580	208	1	0.1569	0.1569	NUM
economy-1580	208	2	rev	rev	PROPN
economy-1580	208	3	-1.6357	-1.6357	NOUN
economy-1580	208	4	-4.2732	-4.2732	PROPN
economy-1580	208	5	-3.5577	-3.5577	PUNCT
economy-1580	208	6	0.7558	0.7558	NUM
economy-1580	208	7	exp	exp	NOUN
economy-1580	208	8	-3.5979	-3.5979	NOUN
economy-1580	208	9	-4.2732	-4.2732	PROPN
economy-1580	208	10	-3.5577	-3.5577	PUNCT
economy-1580	209	1	0.0459	0.0459	PUNCT
economy-1580	209	2	*	*	PUNCT
economy-1580	209	3	*	*	PUNCT
economy-1580	209	4	dbt	dbt	PROPN
economy-1580	209	5	-2.8078	-2.8078	PROPN
economy-1580	209	6	-4.2845	-4.2845	PROPN
economy-1580	209	7	-3.5628	-3.5628	PROPN
economy-1580	210	1	0.2052	0.2052	NUM
economy-1580	210	2	mpr	mpr	NOUN
economy-1580	210	3	-3.746099	-3.746099	NOUN
economy-1580	210	4	-4.2732	-4.2732	X
economy-1580	210	5	-3.5577	-3.5577	PUNCT
economy-1580	211	1	0.0334	0.0334	NUM
economy-1580	211	2	*	*	PUNCT
economy-1580	211	3	*	*	PUNCT
economy-1580	211	4	crr	crr	PROPN
economy-1580	211	5	-4.813282	-4.813282	PROPN
economy-1580	211	6	-4.3239	-4.3239	PROPN
economy-1580	211	7	-3.5806	-3.5806	PROPN
economy-1580	212	1	0.0032	0.0032	NUM
economy-1580	212	2	*	*	PUNCT
economy-1580	212	3	*	*	PUNCT
economy-1580	212	4	*	*	PUNCT
economy-1580	212	5	lqr	lqr	PROPN
economy-1580	212	6	-3.239788	-3.239788	NOUN
economy-1580	212	7	-4.2732	-4.2732	NOUN
economy-1580	212	8	-3.5577	-3.5577	PUNCT
economy-1580	212	9	0.0949	0.0949	NUM
economy-1580	212	10	at	at	ADP
economy-1580	212	11	first	first	ADJ
economy-1580	212	12	difference	difference	NOUN
economy-1580	212	13	,	,	PUNCT
economy-1580	212	14	i(1	i(1	PROPN
economy-1580	212	15	):	):	PUNCT
economy-1580	212	16	tnr	tnr	PROPN
economy-1580	212	17	-4.046886	-4.046886	PROPN
economy-1580	212	18	-4.3239	-4.3239	PROPN
economy-1580	212	19	-3.5806	-3.5806	PROPN
economy-1580	212	20	0.0186	0.0186	PRON
economy-1580	212	21	*	*	PUNCT
economy-1580	212	22	*	*	PUNCT
economy-1580	212	23	rev	rev	PROPN
economy-1580	212	24	-5.069506	-5.069506	PROPN
economy-1580	212	25	-4.2967	-4.2967	PROPN
economy-1580	212	26	-3.5683	-3.5683	VERB
economy-1580	213	1	0.0016	0.0016	NUM
economy-1580	213	2	*	*	PUNCT
economy-1580	213	3	*	*	PUNCT
economy-1580	213	4	*	*	NOUN
economy-1580	213	5	exp	exp	X
economy-1580	213	6	----	----	PUNCT
economy-1580	213	7	dbt	dbt	PROPN
economy-1580	213	8	-4.6743	-4.6743	PROPN
economy-1580	213	9	-4.2845	-4.2845	PROPN
economy-1580	213	10	-3.5628	-3.5628	PROPN
economy-1580	214	1	0.0039	0.0039	NUM
economy-1580	214	2	*	*	PUNCT
economy-1580	214	3	*	*	PUNCT
economy-1580	214	4	*	*	PUNCT
economy-1580	214	5	mpr	mpr	NOUN
economy-1580	214	6	----	----	PUNCT
economy-1580	214	7	crr	crr	PROPN
economy-1580	214	8	----	----	PUNCT
economy-1580	214	9	lqr	lqr	VERB
economy-1580	214	10	6.0678	6.0678	NUM
economy-1580	214	11	--0.0001	--0.0001	NOUN
economy-1580	214	12	*	*	PUNCT
economy-1580	214	13	*	*	PUNCT
economy-1580	214	14	*	*	PUNCT
economy-1580	214	15	note	note	NOUN
economy-1580	214	16	:	:	PUNCT
economy-1580	214	17	*	*	PUNCT
economy-1580	214	18	*	*	PUNCT
economy-1580	214	19	*	*	PUNCT
economy-1580	214	20	prob	prob	PROPN
economy-1580	214	21	.	.	PUNCT
economy-1580	215	1	<	<	X
economy-1580	215	2	0.01	0.01	NUM
economy-1580	215	3	and	and	CCONJ
economy-1580	215	4	*	*	NOUN
economy-1580	215	5	*	*	PROPN
economy-1580	215	6	prob	prob	NOUN
economy-1580	215	7	.	.	PUNCT
economy-1580	216	1	<	<	X
economy-1580	216	2	0.05	0.05	NUM
economy-1580	216	3	.	.	PUNCT
economy-1580	216	4	economy	economy	NOUN
economy-1580	216	5	,	,	PUNCT
economy-1580	216	6	2020	2020	NUM
economy-1580	216	7	,	,	PUNCT
economy-1580	216	8	7(1	7(1	NUM
economy-1580	216	9	):	):	PUNCT
economy-1580	216	10	25	25	NUM
economy-1580	216	11	-	-	SYM
economy-1580	216	12	35	35	NUM
economy-1580	216	13	32	32	NUM
economy-1580	216	14	©	©	ADP
economy-1580	216	15	2020	2020	NUM
economy-1580	216	16	by	by	ADP
economy-1580	216	17	the	the	DET
economy-1580	216	18	authors	author	NOUN
economy-1580	216	19	;	;	PUNCT
economy-1580	216	20	licensee	licensee	PROPN
economy-1580	216	21	asian	asian	ADJ
economy-1580	216	22	online	online	PROPN
economy-1580	216	23	journal	journal	PROPN
economy-1580	216	24	publishing	publishing	NOUN
economy-1580	216	25	group	group	NOUN
economy-1580	216	26	8.1	8.1	NUM
economy-1580	216	27	.	.	PUNCT
economy-1580	217	1	unit	unit	NOUN
economy-1580	217	2	root	root	PROPN
economy-1580	217	3	test	test	NOUN
economy-1580	217	4	the	the	DET
economy-1580	217	5	preliminary	preliminary	ADJ
economy-1580	217	6	test	test	NOUN
economy-1580	217	7	of	of	ADP
economy-1580	217	8	adf	adf	PROPN
economy-1580	217	9	unit	unit	NOUN
economy-1580	217	10	root	root	PROPN
economy-1580	217	11	test	test	NOUN
economy-1580	217	12	was	be	AUX
economy-1580	217	13	performed	perform	VERB
economy-1580	217	14	to	to	PART
economy-1580	217	15	confirm	confirm	VERB
economy-1580	217	16	if	if	SCONJ
economy-1580	217	17	the	the	DET
economy-1580	217	18	data	datum	NOUN
economy-1580	217	19	are	be	AUX
economy-1580	217	20	stationary	stationary	ADJ
economy-1580	217	21	.	.	PUNCT
economy-1580	218	1	the	the	DET
economy-1580	218	2	results	result	NOUN
economy-1580	218	3	are	be	AUX
economy-1580	218	4	displayed	display	VERB
economy-1580	218	5	in	in	ADP
economy-1580	218	6	table	table	NOUN
economy-1580	218	7	1	1	NUM
economy-1580	218	8	below	below	ADV
economy-1580	218	9	:	:	PUNCT
economy-1580	218	10	the	the	DET
economy-1580	218	11	test	test	NOUN
economy-1580	218	12	statistics	statistic	NOUN
economy-1580	218	13	of	of	ADP
economy-1580	218	14	exp	exp	NOUN
economy-1580	218	15	,	,	PUNCT
economy-1580	218	16	mpr	mpr	NOUN
economy-1580	218	17	and	and	CCONJ
economy-1580	218	18	crr	crr	PROPN
economy-1580	218	19	were	be	AUX
economy-1580	218	20	greater	great	ADJ
economy-1580	218	21	than	than	ADP
economy-1580	218	22	their	their	PRON
economy-1580	218	23	respective	respective	ADJ
economy-1580	218	24	critical	critical	ADJ
economy-1580	218	25	values	value	NOUN
economy-1580	218	26	at	at	ADP
economy-1580	218	27	5	5	NUM
economy-1580	218	28	%	%	NOUN
economy-1580	218	29	level	level	NOUN
economy-1580	218	30	;	;	PUNCT
economy-1580	218	31	hence	hence	ADV
economy-1580	218	32	the	the	DET
economy-1580	218	33	null	null	NOUN
economy-1580	218	34	of	of	ADP
economy-1580	218	35	unit	unit	NOUN
economy-1580	218	36	root	root	NOUN
economy-1580	218	37	was	be	AUX
economy-1580	218	38	rejected	reject	VERB
economy-1580	218	39	for	for	ADP
economy-1580	218	40	the	the	DET
economy-1580	218	41	aforementioned	aforementioned	ADJ
economy-1580	218	42	variables	variable	NOUN
economy-1580	218	43	.	.	PUNCT
economy-1580	219	1	on	on	ADP
economy-1580	219	2	the	the	DET
economy-1580	219	3	other	other	ADJ
economy-1580	219	4	hand	hand	NOUN
economy-1580	219	5	,	,	PUNCT
economy-1580	219	6	tnr	tnr	PROPN
economy-1580	219	7	,	,	PUNCT
economy-1580	219	8	rev	rev	X
economy-1580	219	9	,	,	PUNCT
economy-1580	219	10	dbt	dbt	PROPN
economy-1580	219	11	and	and	CCONJ
economy-1580	219	12	lqr	lqr	NOUN
economy-1580	219	13	became	become	VERB
economy-1580	219	14	stationary	stationary	ADJ
economy-1580	219	15	after	after	ADP
economy-1580	219	16	taking	take	VERB
economy-1580	219	17	their	their	PRON
economy-1580	219	18	first	first	ADJ
economy-1580	219	19	difference	difference	NOUN
economy-1580	219	20	at	at	ADP
economy-1580	219	21	5	5	NUM
economy-1580	219	22	%	%	NOUN
economy-1580	219	23	level	level	NOUN
economy-1580	219	24	.	.	PUNCT
economy-1580	220	1	hence	hence	ADV
economy-1580	220	2	,	,	PUNCT
economy-1580	220	3	the	the	DET
economy-1580	220	4	adf	adf	PROPN
economy-1580	220	5	test	test	NOUN
economy-1580	220	6	results	result	NOUN
economy-1580	220	7	shows	show	VERB
economy-1580	220	8	that	that	SCONJ
economy-1580	220	9	the	the	DET
economy-1580	220	10	data	data	NOUN
economy-1580	220	11	series	series	NOUN
economy-1580	220	12	were	be	AUX
economy-1580	220	13	of	of	ADP
economy-1580	220	14	mixed	mixed	ADJ
economy-1580	220	15	integration	integration	NOUN
economy-1580	220	16	,	,	PUNCT
economy-1580	220	17	that	that	ADV
economy-1580	220	18	is	is	ADV
economy-1580	220	19	,	,	PUNCT
economy-1580	220	20	a	a	DET
economy-1580	220	21	combination	combination	NOUN
economy-1580	220	22	of	of	ADP
economy-1580	220	23	i(0	i(0	PROPN
economy-1580	220	24	)	)	PUNCT
economy-1580	220	25	and	and	CCONJ
economy-1580	220	26	i(1	i(1	PROPN
economy-1580	220	27	)	)	PUNCT
economy-1580	220	28	variables	variable	NOUN
economy-1580	220	29	.	.	PUNCT
economy-1580	221	1	this	this	DET
economy-1580	221	2	circumstance	circumstance	NOUN
economy-1580	221	3	necessitates	necessitate	VERB
economy-1580	221	4	the	the	DET
economy-1580	221	5	application	application	NOUN
economy-1580	221	6	of	of	ADP
economy-1580	221	7	the	the	DET
economy-1580	221	8	ardl	ardl	NOUN
economy-1580	221	9	estimation	estimation	NOUN
economy-1580	221	10	technique	technique	NOUN
economy-1580	221	11	(	(	PUNCT
economy-1580	221	12	pesaran	pesaran	VERB
economy-1580	221	13	et	et	PROPN
economy-1580	221	14	al	al	PROPN
economy-1580	221	15	.	.	PROPN
economy-1580	221	16	,	,	PUNCT
economy-1580	221	17	2001	2001	NUM
economy-1580	221	18	)	)	PUNCT
economy-1580	221	19	.	.	PUNCT
economy-1580	222	1	8.2	8.2	NUM
economy-1580	222	2	.	.	PUNCT
economy-1580	222	3	bounds	bound	NOUN
economy-1580	222	4	testing	test	VERB
economy-1580	222	5	for	for	ADP
economy-1580	222	6	cointegration	cointegration	NOUN
economy-1580	222	7	having	having	AUX
economy-1580	222	8	established	establish	VERB
economy-1580	222	9	the	the	DET
economy-1580	222	10	stationarity	stationarity	NOUN
economy-1580	222	11	status	status	NOUN
economy-1580	222	12	of	of	ADP
economy-1580	222	13	the	the	DET
economy-1580	222	14	variables	variable	NOUN
economy-1580	222	15	,	,	PUNCT
economy-1580	222	16	the	the	DET
economy-1580	222	17	study	study	NOUN
economy-1580	222	18	proceeded	proceed	VERB
economy-1580	222	19	with	with	ADP
economy-1580	222	20	the	the	DET
economy-1580	222	21	ardl	ardl	NOUN
economy-1580	222	22	bounds	bound	NOUN
economy-1580	222	23	testing	test	VERB
economy-1580	222	24	to	to	PART
economy-1580	222	25	establish	establish	VERB
economy-1580	222	26	a	a	DET
economy-1580	222	27	possible	possible	ADJ
economy-1580	222	28	long	long	ADJ
economy-1580	222	29	-	-	PUNCT
economy-1580	222	30	run	run	NOUN
economy-1580	222	31	relationship	relationship	NOUN
economy-1580	222	32	among	among	ADP
economy-1580	222	33	the	the	DET
economy-1580	222	34	variables	variable	NOUN
economy-1580	222	35	understudy	understudy	NOUN
economy-1580	222	36	.	.	PUNCT
economy-1580	223	1	here	here	ADV
economy-1580	223	2	,	,	PUNCT
economy-1580	223	3	the	the	DET
economy-1580	223	4	null	null	ADJ
economy-1580	223	5	hypothesis	hypothesis	NOUN
economy-1580	223	6	of	of	ADP
economy-1580	223	7	absence	absence	NOUN
economy-1580	223	8	of	of	ADP
economy-1580	223	9	cointegration	cointegration	NOUN
economy-1580	223	10	is	be	AUX
economy-1580	223	11	rejected	reject	VERB
economy-1580	223	12	if	if	SCONJ
economy-1580	223	13	the	the	DET
economy-1580	223	14	f	f	NOUN
economy-1580	223	15	-	-	PUNCT
economy-1580	223	16	test	test	NOUN
economy-1580	223	17	is	be	AUX
economy-1580	223	18	greater	great	ADJ
economy-1580	223	19	than	than	ADP
economy-1580	223	20	the	the	DET
economy-1580	223	21	critical	critical	ADJ
economy-1580	223	22	value	value	NOUN
economy-1580	223	23	at	at	ADP
economy-1580	223	24	5	5	NUM
economy-1580	223	25	%	%	NOUN
economy-1580	223	26	level	level	NOUN
economy-1580	223	27	of	of	ADP
economy-1580	223	28	the	the	DET
economy-1580	223	29	i(0	i(0	PROPN
economy-1580	223	30	)	)	PUNCT
economy-1580	223	31	and	and	CCONJ
economy-1580	223	32	i(1	i(1	PROPN
economy-1580	223	33	)	)	PUNCT
economy-1580	223	34	regressors	regressor	NOUN
economy-1580	223	35	,	,	PUNCT
economy-1580	223	36	and	and	CCONJ
economy-1580	223	37	vice	vice	ADV
economy-1580	223	38	versa	versa	ADV
economy-1580	223	39	.	.	PUNCT
economy-1580	224	1	the	the	DET
economy-1580	224	2	outcome	outcome	NOUN
economy-1580	224	3	of	of	ADP
economy-1580	224	4	the	the	DET
economy-1580	224	5	bounds	bound	NOUN
economy-1580	224	6	testing	testing	NOUN
economy-1580	224	7	was	be	AUX
economy-1580	224	8	presented	present	VERB
economy-1580	224	9	in	in	ADP
economy-1580	224	10	table	table	NOUN
economy-1580	224	11	2	2	NUM
economy-1580	224	12	as	as	SCONJ
economy-1580	224	13	shown	show	VERB
economy-1580	224	14	below	below	ADP
economy-1580	224	15	:	:	PUNCT
economy-1580	224	16	table-2	table-2	NUM
economy-1580	224	17	.	.	NOUN
economy-1580	224	18	bounds	bound	VERB
economy-1580	224	19	testing	test	VERB
economy-1580	224	20	results	result	NOUN
economy-1580	224	21	.	.	PUNCT
economy-1580	225	1	f	f	X
economy-1580	225	2	-	-	PUNCT
economy-1580	225	3	bounds	bound	NOUN
economy-1580	225	4	test	test	NOUN
economy-1580	225	5	null	null	ADJ
economy-1580	225	6	hypothesis	hypothesis	NOUN
economy-1580	225	7	:	:	PUNCT
economy-1580	225	8	no	no	DET
economy-1580	225	9	levels	level	NOUN
economy-1580	225	10	relationship	relationship	NOUN
economy-1580	225	11	test	test	NOUN
economy-1580	225	12	statistic	statistic	PROPN
economy-1580	225	13	value	value	NOUN
economy-1580	225	14	signif	signif	NOUN
economy-1580	225	15	.	.	PUNCT
economy-1580	226	1	i(0	i(0	PROPN
economy-1580	226	2	)	)	PUNCT
economy-1580	226	3	i(1	i(1	PROPN
economy-1580	226	4	)	)	PUNCT
economy-1580	226	5	f	f	X
economy-1580	226	6	-	-	PUNCT
economy-1580	226	7	statistic	statistic	NOUN
economy-1580	226	8	9.137388	9.137388	NUM
economy-1580	226	9	10	10	NUM
economy-1580	226	10	%	%	NOUN
economy-1580	226	11	1.75	1.75	NUM
economy-1580	226	12	2.87	2.87	NUM
economy-1580	226	13	k	k	NOUN
economy-1580	226	14	6	6	NUM
economy-1580	226	15	5	5	NUM
economy-1580	226	16	%	%	NOUN
economy-1580	226	17	2.04	2.04	NUM
economy-1580	226	18	3.24	3.24	NUM
economy-1580	226	19	2.5	2.5	NUM
economy-1580	226	20	%	%	NOUN
economy-1580	226	21	2.32	2.32	NUM
economy-1580	226	22	3.59	3.59	NUM
economy-1580	226	23	1	1	NUM
economy-1580	226	24	%	%	NOUN
economy-1580	226	25	2.66	2.66	NUM
economy-1580	226	26	4.05	4.05	NUM
economy-1580	226	27	the	the	DET
economy-1580	226	28	bounds	bound	NOUN
economy-1580	226	29	testing	test	VERB
economy-1580	226	30	results	result	NOUN
economy-1580	226	31	shows	show	VERB
economy-1580	226	32	that	that	SCONJ
economy-1580	226	33	the	the	DET
economy-1580	226	34	null	null	ADJ
economy-1580	226	35	hypothesis	hypothesis	NOUN
economy-1580	226	36	is	be	AUX
economy-1580	226	37	rejected	reject	VERB
economy-1580	226	38	at	at	ADP
economy-1580	226	39	1	1	NUM
economy-1580	226	40	%	%	NOUN
economy-1580	226	41	level	level	NOUN
economy-1580	226	42	of	of	ADP
economy-1580	226	43	significance	significance	NOUN
economy-1580	226	44	as	as	SCONJ
economy-1580	226	45	there	there	PRON
economy-1580	226	46	is	be	VERB
economy-1580	226	47	evidence	evidence	NOUN
economy-1580	226	48	of	of	ADP
economy-1580	226	49	cointegrating	cointegrate	VERB
economy-1580	226	50	relationship	relationship	NOUN
economy-1580	226	51	in	in	ADP
economy-1580	226	52	the	the	DET
economy-1580	226	53	model	model	NOUN
economy-1580	226	54	motivated	motivate	VERB
economy-1580	226	55	by	by	ADP
economy-1580	226	56	the	the	DET
economy-1580	226	57	explanatory	explanatory	ADJ
economy-1580	226	58	variables	variable	NOUN
economy-1580	226	59	(	(	PUNCT
economy-1580	226	60	components	component	NOUN
economy-1580	226	61	of	of	ADP
economy-1580	226	62	fiscal	fiscal	ADJ
economy-1580	226	63	and	and	CCONJ
economy-1580	226	64	monetary	monetary	ADJ
economy-1580	226	65	policy	policy	NOUN
economy-1580	226	66	)	)	PUNCT
economy-1580	226	67	.	.	PUNCT
economy-1580	227	1	this	this	PRON
economy-1580	227	2	implies	imply	VERB
economy-1580	227	3	that	that	SCONJ
economy-1580	227	4	stock	stock	NOUN
economy-1580	227	5	market	market	NOUN
economy-1580	227	6	turnover	turnover	NOUN
economy-1580	227	7	ratio	ratio	NOUN
economy-1580	227	8	(	(	PUNCT
economy-1580	227	9	tnr	tnr	PROPN
economy-1580	227	10	)	)	PUNCT
economy-1580	227	11	,	,	PUNCT
economy-1580	227	12	government	government	NOUN
economy-1580	227	13	tax	tax	NOUN
economy-1580	227	14	revenue	revenue	NOUN
economy-1580	227	15	(	(	PUNCT
economy-1580	227	16	rev	rev	PROPN
economy-1580	227	17	)	)	PUNCT
economy-1580	227	18	,	,	PUNCT
economy-1580	227	19	public	public	ADJ
economy-1580	227	20	expenditures	expenditure	NOUN
economy-1580	227	21	(	(	PUNCT
economy-1580	227	22	exp	exp	NOUN
economy-1580	227	23	)	)	PUNCT
economy-1580	227	24	,	,	PUNCT
economy-1580	227	25	government	government	NOUN
economy-1580	227	26	debt	debt	NOUN
economy-1580	227	27	(	(	PUNCT
economy-1580	227	28	dbt	dbt	PROPN
economy-1580	227	29	)	)	PUNCT
economy-1580	227	30	,	,	PUNCT
economy-1580	227	31	monetary	monetary	ADJ
economy-1580	227	32	policy	policy	NOUN
economy-1580	227	33	rate	rate	NOUN
economy-1580	227	34	(	(	PUNCT
economy-1580	227	35	mpr	mpr	NOUN
economy-1580	227	36	)	)	PUNCT
economy-1580	227	37	,	,	PUNCT
economy-1580	227	38	cash	cash	NOUN
economy-1580	227	39	reserve	reserve	NOUN
economy-1580	227	40	ratio	ratio	NOUN
economy-1580	227	41	(	(	PUNCT
economy-1580	227	42	crr	crr	PROPN
economy-1580	227	43	)	)	PUNCT
economy-1580	227	44	and	and	CCONJ
economy-1580	227	45	liquidity	liquidity	NOUN
economy-1580	227	46	ratio	ratio	NOUN
economy-1580	227	47	(	(	PUNCT
economy-1580	227	48	lqr	lqr	PROPN
economy-1580	227	49	)	)	PUNCT
economy-1580	227	50	are	be	AUX
economy-1580	227	51	bound	bind	VERB
economy-1580	227	52	by	by	ADP
economy-1580	227	53	a	a	DET
economy-1580	227	54	long	long	ADJ
economy-1580	227	55	-	-	PUNCT
economy-1580	227	56	run	run	NOUN
economy-1580	227	57	relationship	relationship	NOUN
economy-1580	227	58	.	.	PUNCT
economy-1580	228	1	the	the	DET
economy-1580	228	2	long	long	ADV
economy-1580	228	3	-	-	PUNCT
economy-1580	228	4	run	run	NOUN
economy-1580	228	5	relationship	relationship	NOUN
economy-1580	228	6	among	among	ADP
economy-1580	228	7	the	the	DET
economy-1580	228	8	variables	variable	NOUN
economy-1580	228	9	was	be	AUX
economy-1580	228	10	confirmed	confirm	VERB
economy-1580	228	11	as	as	ADP
economy-1580	228	12	the	the	DET
economy-1580	228	13	calculated	calculated	ADJ
economy-1580	228	14	f	f	NOUN
economy-1580	228	15	-	-	PUNCT
economy-1580	228	16	ratio	ratio	NOUN
economy-1580	228	17	(	(	PUNCT
economy-1580	228	18	tnr	tnr	PROPN
economy-1580	228	19	,	,	PUNCT
economy-1580	228	20	rev	rev	PROPN
economy-1580	228	21	,	,	PUNCT
economy-1580	228	22	exp	exp	NOUN
economy-1580	228	23	,	,	PUNCT
economy-1580	228	24	dbt	dbt	PROPN
economy-1580	228	25	,	,	PUNCT
economy-1580	228	26	mpr	mpr	NOUN
economy-1580	228	27	,	,	PUNCT
economy-1580	228	28	crr	crr	PROPN
economy-1580	228	29	and	and	CCONJ
economy-1580	228	30	lqr	lqr	PROPN
economy-1580	228	31	)	)	PUNCT
economy-1580	228	32	=	=	NUM
economy-1580	228	33	9.1373	9.1373	NUM
economy-1580	228	34	which	which	PRON
economy-1580	228	35	happens	happen	VERB
economy-1580	228	36	to	to	PART
economy-1580	228	37	be	be	AUX
economy-1580	228	38	greater	great	ADJ
economy-1580	228	39	than	than	SCONJ
economy-1580	228	40	the	the	PRON
economy-1580	228	41	is	be	AUX
economy-1580	228	42	upper	upper	ADJ
economy-1580	228	43	bound	bind	VERB
economy-1580	228	44	critical	critical	ADJ
economy-1580	228	45	value	value	NOUN
economy-1580	228	46	of	of	ADP
economy-1580	228	47	4.05	4.05	NUM
economy-1580	228	48	at	at	ADP
economy-1580	228	49	the	the	DET
economy-1580	228	50	1	1	NUM
economy-1580	228	51	%	%	NOUN
economy-1580	228	52	level	level	NOUN
economy-1580	228	53	of	of	ADP
economy-1580	228	54	significance	significance	NOUN
economy-1580	228	55	.	.	PUNCT
economy-1580	229	1	the	the	DET
economy-1580	229	2	implication	implication	NOUN
economy-1580	229	3	of	of	ADP
economy-1580	229	4	this	this	DET
economy-1580	229	5	cointegrating	cointegrate	VERB
economy-1580	229	6	relationship	relationship	NOUN
economy-1580	229	7	is	be	AUX
economy-1580	229	8	that	that	SCONJ
economy-1580	229	9	stock	stock	NOUN
economy-1580	229	10	market	market	NOUN
economy-1580	229	11	turnover	turnover	NOUN
economy-1580	229	12	ratio	ratio	NOUN
economy-1580	229	13	(	(	PUNCT
economy-1580	229	14	measure	measure	NOUN
economy-1580	229	15	of	of	ADP
economy-1580	229	16	stock	stock	NOUN
economy-1580	229	17	market	market	NOUN
economy-1580	229	18	liquidity	liquidity	NOUN
economy-1580	229	19	)	)	PUNCT
economy-1580	229	20	followed	follow	VERB
economy-1580	229	21	changes	change	NOUN
economy-1580	229	22	in	in	ADP
economy-1580	229	23	fiscal	fiscal	ADJ
economy-1580	229	24	and	and	CCONJ
economy-1580	229	25	monetary	monetary	ADJ
economy-1580	229	26	policy	policy	NOUN
economy-1580	229	27	components	component	NOUN
economy-1580	229	28	over	over	ADP
economy-1580	229	29	a	a	DET
economy-1580	229	30	long	long	ADJ
economy-1580	229	31	period	period	NOUN
economy-1580	229	32	.	.	PUNCT
economy-1580	230	1	hence	hence	ADV
economy-1580	230	2	,	,	PUNCT
economy-1580	230	3	it	it	PRON
economy-1580	230	4	was	be	AUX
economy-1580	230	5	concluded	conclude	VERB
economy-1580	230	6	that	that	SCONJ
economy-1580	230	7	fiscal	fiscal	ADJ
economy-1580	230	8	and	and	CCONJ
economy-1580	230	9	monetary	monetary	ADJ
economy-1580	230	10	policy	policy	NOUN
economy-1580	230	11	collectively	collectively	ADV
economy-1580	230	12	explained	explain	VERB
economy-1580	230	13	variations	variation	NOUN
economy-1580	230	14	in	in	ADP
economy-1580	230	15	tnr	tnr	PROPN
economy-1580	230	16	.	.	PUNCT
economy-1580	231	1	this	this	PRON
economy-1580	231	2	affirms	affirm	VERB
economy-1580	231	3	the	the	DET
economy-1580	231	4	findings	finding	NOUN
economy-1580	231	5	of	of	ADP
economy-1580	231	6	prior	prior	ADJ
economy-1580	231	7	empirical	empirical	ADJ
economy-1580	231	8	works	work	NOUN
economy-1580	231	9	like	like	ADP
economy-1580	231	10	chibi	chibi	PROPN
economy-1580	231	11	et	et	PROPN
economy-1580	231	12	al	al	PROPN
economy-1580	231	13	.	.	PROPN
economy-1580	232	1	(	(	PUNCT
economy-1580	232	2	2019	2019	NUM
economy-1580	232	3	)	)	PUNCT
economy-1580	232	4	;	;	PUNCT
economy-1580	232	5	nwaogwugwu	nwaogwugwu	X
economy-1580	232	6	(	(	PUNCT
economy-1580	232	7	2018	2018	NUM
economy-1580	232	8	)	)	PUNCT
economy-1580	232	9	;	;	PUNCT
economy-1580	232	10	tawfiq	tawfiq	PROPN
economy-1580	232	11	and	and	CCONJ
economy-1580	232	12	tahtamouni	tahtamouni	PROPN
economy-1580	232	13	(	(	PUNCT
economy-1580	232	14	2018	2018	NUM
economy-1580	232	15	)	)	PUNCT
economy-1580	232	16	)	)	PUNCT
economy-1580	232	17	;	;	PUNCT
economy-1580	232	18	isola	isola	PROPN
economy-1580	232	19	et	et	PROPN
economy-1580	232	20	al	al	PROPN
economy-1580	232	21	.	.	PROPN
economy-1580	233	1	(	(	PUNCT
economy-1580	233	2	2018	2018	NUM
economy-1580	233	3	)	)	PUNCT
economy-1580	233	4	;	;	PUNCT
economy-1580	233	5	chatziantoniou	chatziantoniou	NOUN
economy-1580	233	6	et	et	PROPN
economy-1580	233	7	al	al	PROPN
economy-1580	233	8	.	.	PROPN
economy-1580	234	1	(	(	PUNCT
economy-1580	234	2	2013	2013	NUM
economy-1580	234	3	)	)	PUNCT
economy-1580	234	4	that	that	SCONJ
economy-1580	234	5	interaction	interaction	NOUN
economy-1580	234	6	between	between	ADP
economy-1580	234	7	fiscal	fiscal	ADJ
economy-1580	234	8	and	and	CCONJ
economy-1580	234	9	monetary	monetary	ADJ
economy-1580	234	10	policy	policy	NOUN
economy-1580	234	11	variables	variable	NOUN
economy-1580	234	12	explains	explain	VERB
economy-1580	234	13	stock	stock	NOUN
economy-1580	234	14	market	market	NOUN
economy-1580	234	15	behaviour	behaviour	NOUN
economy-1580	234	16	.	.	PUNCT
economy-1580	235	1	8.3	8.3	NUM
economy-1580	235	2	.	.	PUNCT
economy-1580	235	3	long	long	ADJ
economy-1580	235	4	-	-	PUNCT
economy-1580	235	5	run	run	NOUN
economy-1580	235	6	estimation	estimation	NOUN
economy-1580	235	7	of	of	ADP
economy-1580	235	8	the	the	DET
economy-1580	235	9	ardl	ardl	NOUN
economy-1580	235	10	model	model	NOUN
economy-1580	235	11	after	after	ADP
economy-1580	235	12	ascertaining	ascertain	VERB
economy-1580	235	13	the	the	DET
economy-1580	235	14	cointegration	cointegration	NOUN
economy-1580	235	15	relationship	relationship	NOUN
economy-1580	235	16	,	,	PUNCT
economy-1580	235	17	the	the	DET
economy-1580	235	18	study	study	NOUN
economy-1580	235	19	proceeded	proceed	VERB
economy-1580	235	20	with	with	ADP
economy-1580	235	21	the	the	DET
economy-1580	235	22	estimation	estimation	NOUN
economy-1580	235	23	of	of	ADP
economy-1580	235	24	long	long	ADV
economy-1580	235	25	-	-	PUNCT
economy-1580	235	26	run	run	VERB
economy-1580	235	27	and	and	CCONJ
economy-1580	235	28	short	short	ADJ
economy-1580	235	29	-	-	PUNCT
economy-1580	235	30	run	run	NOUN
economy-1580	235	31	dynamics	dynamic	NOUN
economy-1580	235	32	using	use	VERB
economy-1580	235	33	the	the	DET
economy-1580	235	34	autoregressive	autoregressive	ADJ
economy-1580	235	35	distributed	distribute	VERB
economy-1580	235	36	lag	lag	NOUN
economy-1580	235	37	(	(	PUNCT
economy-1580	235	38	ardl	ardl	NOUN
economy-1580	235	39	)	)	PUNCT
economy-1580	235	40	and	and	CCONJ
economy-1580	235	41	error	error	NOUN
economy-1580	235	42	correction	correction	NOUN
economy-1580	235	43	mechanism	mechanism	NOUN
economy-1580	235	44	(	(	PUNCT
economy-1580	235	45	ecm	ecm	PROPN
economy-1580	235	46	)	)	PUNCT
economy-1580	235	47	.	.	PUNCT
economy-1580	236	1	the	the	DET
economy-1580	236	2	results	result	NOUN
economy-1580	236	3	of	of	ADP
economy-1580	236	4	the	the	DET
economy-1580	236	5	ardl	ardl	NOUN
economy-1580	236	6	long	long	ADV
economy-1580	236	7	-	-	PUNCT
economy-1580	236	8	run	run	VERB
economy-1580	236	9	coefficients	coefficient	NOUN
economy-1580	236	10	were	be	AUX
economy-1580	236	11	displayed	display	VERB
economy-1580	236	12	in	in	ADP
economy-1580	236	13	table	table	NOUN
economy-1580	236	14	3	3	NUM
economy-1580	236	15	as	as	SCONJ
economy-1580	236	16	shown	show	VERB
economy-1580	236	17	below	below	ADP
economy-1580	236	18	:	:	PUNCT
economy-1580	236	19	table-3	table-3	NUM
economy-1580	236	20	.	.	PUNCT
economy-1580	237	1	long	long	ADV
economy-1580	237	2	-	-	PUNCT
economy-1580	237	3	run	run	VERB
economy-1580	237	4	estimated	estimate	VERB
economy-1580	237	5	coefficients	coefficient	NOUN
economy-1580	237	6	.	.	PUNCT
economy-1580	238	1	variable	variable	ADJ
economy-1580	238	2	coefficient	coefficient	NOUN
economy-1580	238	3	std	std	PROPN
economy-1580	238	4	.	.	NOUN
economy-1580	238	5	error	error	NOUN
economy-1580	238	6	t	t	NOUN
economy-1580	238	7	-	-	PUNCT
economy-1580	238	8	statistic	statistic	NOUN
economy-1580	238	9	prob	prob	NOUN
economy-1580	238	10	.	.	PUNCT
economy-1580	239	1	tnr(-1	tnr(-1	PROPN
economy-1580	239	2	)	)	PUNCT
economy-1580	239	3	-0.866820	-0.866820	NOUN
economy-1580	239	4	0.177348	0.177348	NUM
economy-1580	239	5	-4.887683	-4.887683	NOUN
economy-1580	239	6	0.0009	0.0009	NUM
economy-1580	239	7	rev(-1	rev(-1	ADJ
economy-1580	239	8	)	)	PUNCT
economy-1580	239	9	0.182759	0.182759	NUM
economy-1580	239	10	0.109592	0.109592	NUM
economy-1580	239	11	1.667630	1.667630	NUM
economy-1580	239	12	0.1297	0.1297	NUM
economy-1580	239	13	exp(-1	exp(-1	NOUN
economy-1580	239	14	)	)	PUNCT
economy-1580	239	15	-0.088269	-0.088269	PROPN
economy-1580	239	16	0.382022	0.382022	NUM
economy-1580	239	17	-0.231057	-0.231057	NOUN
economy-1580	239	18	0.8224	0.8224	NUM
economy-1580	239	19	dbt(-1	dbt(-1	NOUN
economy-1580	239	20	)	)	PUNCT
economy-1580	239	21	-0.351970	-0.351970	PROPN
economy-1580	240	1	0.106571	0.106571	NUM
economy-1580	240	2	-3.302687	-3.302687	NOUN
economy-1580	240	3	0.0092	0.0092	NUM
economy-1580	240	4	mpr(-1	mpr(-1	ADJ
economy-1580	240	5	)	)	PUNCT
economy-1580	240	6	1.623542	1.623542	NUM
economy-1580	240	7	0.762389	0.762389	NUM
economy-1580	240	8	2.229546	2.229546	NUM
economy-1580	240	9	0.0421	0.0421	NUM
economy-1580	240	10	crr(-1	crr(-1	NOUN
economy-1580	240	11	)	)	PUNCT
economy-1580	240	12	-0.561272	-0.561272	VERB
economy-1580	241	1	0.219833	0.219833	NUM
economy-1580	241	2	-2.553174	-2.553174	ADV
economy-1580	242	1	0.0310	0.0310	NUM
economy-1580	242	2	lqr(-1	lqr(-1	ADJ
economy-1580	242	3	)	)	PUNCT
economy-1580	242	4	0.007696	0.007696	NUM
economy-1580	242	5	0.113877	0.113877	NUM
economy-1580	242	6	0.067581	0.067581	NUM
economy-1580	242	7	0.9476	0.9476	NUM
economy-1580	242	8	note	note	NOUN
economy-1580	242	9	:	:	PUNCT
economy-1580	242	10	selected	select	VERB
economy-1580	242	11	model	model	NOUN
economy-1580	242	12	ardl(1	ardl(1	PROPN
economy-1580	242	13	,	,	PUNCT
economy-1580	242	14	3	3	NUM
economy-1580	242	15	,	,	PUNCT
economy-1580	242	16	3	3	NUM
economy-1580	242	17	,	,	PUNCT
economy-1580	242	18	3	3	NUM
economy-1580	242	19	,	,	PUNCT
economy-1580	242	20	3	3	NUM
economy-1580	242	21	,	,	PUNCT
economy-1580	242	22	1	1	NUM
economy-1580	242	23	,	,	PUNCT
economy-1580	242	24	1	1	NUM
economy-1580	242	25	)	)	PUNCT
economy-1580	242	26	.	.	PUNCT
economy-1580	243	1	the	the	DET
economy-1580	243	2	long	long	ADV
economy-1580	243	3	-	-	PUNCT
economy-1580	243	4	run	run	VERB
economy-1580	243	5	estimated	estimate	VERB
economy-1580	243	6	coefficients	coefficient	NOUN
economy-1580	243	7	revealed	reveal	VERB
economy-1580	243	8	that	that	SCONJ
economy-1580	243	9	one	one	NUM
economy-1580	243	10	period	period	NOUN
economy-1580	243	11	lag	lag	NOUN
economy-1580	243	12	of	of	ADP
economy-1580	243	13	tnr	tnr	PROPN
economy-1580	243	14	,	,	PUNCT
economy-1580	243	15	dbt	dbt	PROPN
economy-1580	243	16	,	,	PUNCT
economy-1580	243	17	mpr	mpr	PROPN
economy-1580	243	18	and	and	CCONJ
economy-1580	243	19	crr	crr	PROPN
economy-1580	243	20	were	be	AUX
economy-1580	243	21	the	the	DET
economy-1580	243	22	most	most	ADV
economy-1580	243	23	significant	significant	ADJ
economy-1580	243	24	variables	variable	NOUN
economy-1580	243	25	that	that	PRON
economy-1580	243	26	affected	affect	VERB
economy-1580	243	27	current	current	ADJ
economy-1580	243	28	year	year	NOUN
economy-1580	243	29	’s	’s	PART
economy-1580	243	30	tnr	tnr	PROPN
economy-1580	243	31	.	.	PUNCT
economy-1580	244	1	the	the	DET
economy-1580	244	2	coefficient	coefficient	NOUN
economy-1580	244	3	(	(	PUNCT
economy-1580	244	4	-0.866820	-0.866820	NOUN
economy-1580	244	5	)	)	PUNCT
economy-1580	244	6	and	and	CCONJ
economy-1580	244	7	the	the	DET
economy-1580	244	8	probability	probability	NOUN
economy-1580	244	9	value	value	NOUN
economy-1580	244	10	(	(	PUNCT
economy-1580	244	11	0.0009	0.0009	NUM
economy-1580	244	12	)	)	PUNCT
economy-1580	244	13	of	of	ADP
economy-1580	244	14	tnr(-1	tnr(-1	PROPN
economy-1580	244	15	)	)	PUNCT
economy-1580	244	16	indicated	indicate	VERB
economy-1580	244	17	that	that	SCONJ
economy-1580	244	18	the	the	DET
economy-1580	244	19	observed	observed	ADJ
economy-1580	244	20	value	value	NOUN
economy-1580	244	21	of	of	ADP
economy-1580	244	22	stock	stock	NOUN
economy-1580	244	23	market	market	NOUN
economy-1580	244	24	turnover	turnover	NOUN
economy-1580	244	25	of	of	ADP
economy-1580	244	26	the	the	DET
economy-1580	244	27	previous	previous	ADJ
economy-1580	244	28	year	year	NOUN
economy-1580	244	29	had	have	VERB
economy-1580	244	30	significant	significant	ADJ
economy-1580	244	31	effect	effect	NOUN
economy-1580	244	32	on	on	ADP
economy-1580	244	33	current	current	ADJ
economy-1580	244	34	year	year	NOUN
economy-1580	244	35	’s	’s	PART
economy-1580	244	36	turnover	turnover	NOUN
economy-1580	244	37	ratio	ratio	NOUN
economy-1580	244	38	.	.	PUNCT
economy-1580	245	1	though	though	ADV
economy-1580	245	2	,	,	PUNCT
economy-1580	245	3	the	the	DET
economy-1580	245	4	coefficient	coefficient	NOUN
economy-1580	245	5	of	of	ADP
economy-1580	245	6	rev(-1	rev(-1	PROPN
economy-1580	245	7	)	)	PUNCT
economy-1580	245	8	was	be	AUX
economy-1580	245	9	positive	positive	ADJ
economy-1580	245	10	(	(	PUNCT
economy-1580	245	11	0.182759	0.182759	NUM
economy-1580	245	12	)	)	PUNCT
economy-1580	245	13	,	,	PUNCT
economy-1580	245	14	the	the	PRON
economy-1580	245	15	p	p	NOUN
economy-1580	245	16	-	-	PUNCT
economy-1580	245	17	value	value	NOUN
economy-1580	245	18	(	(	PUNCT
economy-1580	245	19	0.1297	0.1297	NUM
economy-1580	245	20	)	)	PUNCT
economy-1580	245	21	showed	show	VERB
economy-1580	245	22	that	that	SCONJ
economy-1580	245	23	government	government	NOUN
economy-1580	245	24	collected	collect	VERB
economy-1580	245	25	revenue	revenue	NOUN
economy-1580	245	26	had	have	VERB
economy-1580	245	27	no	no	DET
economy-1580	245	28	significant	significant	ADJ
economy-1580	245	29	effect	effect	NOUN
economy-1580	245	30	on	on	ADP
economy-1580	245	31	tnr	tnr	PROPN
economy-1580	245	32	.	.	PUNCT
economy-1580	246	1	the	the	DET
economy-1580	246	2	estimated	estimate	VERB
economy-1580	246	3	coefficient	coefficient	NOUN
economy-1580	246	4	(	(	PUNCT
economy-1580	246	5	0.088269	0.088269	NUM
economy-1580	246	6	)	)	PUNCT
economy-1580	246	7	of	of	ADP
economy-1580	246	8	exp(-1	exp(-1	NOUN
economy-1580	246	9	)	)	PUNCT
economy-1580	246	10	is	be	AUX
economy-1580	246	11	indicative	indicative	ADJ
economy-1580	246	12	of	of	ADP
economy-1580	246	13	the	the	DET
economy-1580	246	14	fact	fact	NOUN
economy-1580	246	15	that	that	SCONJ
economy-1580	246	16	government	government	NOUN
economy-1580	246	17	expenditures	expenditure	NOUN
economy-1580	246	18	exerted	exert	VERB
economy-1580	246	19	negative	negative	ADJ
economy-1580	246	20	effect	effect	NOUN
economy-1580	246	21	on	on	ADP
economy-1580	246	22	tnr	tnr	PROPN
economy-1580	246	23	,	,	PUNCT
economy-1580	246	24	but	but	CCONJ
economy-1580	246	25	the	the	DET
economy-1580	246	26	associated	associated	ADJ
economy-1580	246	27	p	p	NOUN
economy-1580	246	28	-	-	PUNCT
economy-1580	246	29	value	value	NOUN
economy-1580	246	30	(	(	PUNCT
economy-1580	246	31	0.8224	0.8224	NUM
economy-1580	246	32	)	)	PUNCT
economy-1580	246	33	suggested	suggest	VERB
economy-1580	246	34	that	that	SCONJ
economy-1580	246	35	the	the	DET
economy-1580	246	36	effect	effect	NOUN
economy-1580	246	37	of	of	ADP
economy-1580	246	38	exp	exp	NOUN
economy-1580	246	39	on	on	ADP
economy-1580	246	40	tnr	tnr	PROPN
economy-1580	246	41	was	be	AUX
economy-1580	246	42	not	not	PART
economy-1580	246	43	significant	significant	ADJ
economy-1580	246	44	in	in	ADP
economy-1580	246	45	the	the	DET
economy-1580	246	46	long	long	ADV
economy-1580	246	47	-	-	PUNCT
economy-1580	246	48	run	run	NOUN
economy-1580	246	49	.	.	PUNCT
economy-1580	247	1	also	also	ADV
economy-1580	247	2	,	,	PUNCT
economy-1580	247	3	government	government	NOUN
economy-1580	247	4	borrowing	borrowing	NOUN
economy-1580	247	5	which	which	PRON
economy-1580	247	6	was	be	AUX
economy-1580	247	7	measured	measure	VERB
economy-1580	247	8	by	by	ADP
economy-1580	247	9	debt	debt	NOUN
economy-1580	247	10	overhang	overhang	NOUN
economy-1580	247	11	(	(	PUNCT
economy-1580	247	12	total	total	ADJ
economy-1580	247	13	debt	debt	NOUN
economy-1580	247	14	to	to	ADP
economy-1580	247	15	gdp	gdp	NOUN
economy-1580	247	16	ratio	ratio	NOUN
economy-1580	247	17	)	)	PUNCT
economy-1580	247	18	,	,	PUNCT
economy-1580	247	19	that	that	ADV
economy-1580	247	20	is	is	ADV
economy-1580	247	21	,	,	PUNCT
economy-1580	247	22	dbt(-1	dbt(-1	PROPN
economy-1580	247	23	)	)	PUNCT
economy-1580	247	24	emerged	emerge	VERB
economy-1580	247	25	with	with	ADP
economy-1580	247	26	negative	negative	ADJ
economy-1580	247	27	(	(	PUNCT
economy-1580	247	28	-0.351970	-0.351970	X
economy-1580	247	29	)	)	PUNCT
economy-1580	247	30	and	and	CCONJ
economy-1580	247	31	significant	significant	ADJ
economy-1580	247	32	(	(	PUNCT
economy-1580	247	33	0.0092	0.0092	NUM
economy-1580	247	34	)	)	PUNCT
economy-1580	247	35	which	which	PRON
economy-1580	247	36	implied	imply	VERB
economy-1580	247	37	that	that	PRON
economy-1580	247	38	increase	increase	NOUN
economy-1580	247	39	in	in	ADP
economy-1580	247	40	government	government	NOUN
economy-1580	247	41	borrowing	borrowing	NOUN
economy-1580	247	42	could	could	AUX
economy-1580	247	43	significantly	significantly	ADV
economy-1580	247	44	deter	deter	VERB
economy-1580	247	45	tnr	tnr	PROPN
economy-1580	247	46	in	in	ADP
economy-1580	247	47	the	the	DET
economy-1580	247	48	long	long	ADV
economy-1580	247	49	-	-	PUNCT
economy-1580	247	50	run	run	NOUN
economy-1580	247	51	.	.	PUNCT
economy-1580	248	1	the	the	DET
economy-1580	248	2	long	long	ADV
economy-1580	248	3	-	-	PUNCT
economy-1580	248	4	run	run	NOUN
economy-1580	248	5	coefficients	coefficient	NOUN
economy-1580	248	6	also	also	ADV
economy-1580	248	7	revealed	reveal	VERB
economy-1580	248	8	that	that	SCONJ
economy-1580	248	9	mpr(-1	mpr(-1	PROPN
economy-1580	248	10	)	)	PUNCT
economy-1580	248	11	had	have	VERB
economy-1580	248	12	a	a	DET
economy-1580	248	13	positive	positive	ADJ
economy-1580	248	14	(	(	PUNCT
economy-1580	248	15	1.623542	1.623542	NUM
economy-1580	248	16	)	)	PUNCT
economy-1580	248	17	and	and	CCONJ
economy-1580	248	18	significant	significant	ADJ
economy-1580	248	19	(	(	PUNCT
economy-1580	248	20	0.0421	0.0421	NUM
economy-1580	248	21	)	)	PUNCT
economy-1580	248	22	long	long	ADJ
economy-1580	248	23	-	-	PUNCT
economy-1580	248	24	run	run	VERB
economy-1580	248	25	effect	effect	NOUN
economy-1580	248	26	on	on	ADP
economy-1580	248	27	tnr	tnr	PROPN
economy-1580	248	28	which	which	PRON
economy-1580	248	29	implied	imply	VERB
economy-1580	248	30	that	that	DET
economy-1580	248	31	increase	increase	NOUN
economy-1580	248	32	in	in	ADP
economy-1580	248	33	monetary	monetary	ADJ
economy-1580	248	34	policy	policy	NOUN
economy-1580	248	35	rate	rate	NOUN
economy-1580	248	36	caused	cause	VERB
economy-1580	248	37	significant	significant	ADJ
economy-1580	248	38	surge	surge	NOUN
economy-1580	248	39	in	in	ADP
economy-1580	248	40	tnr	tnr	PROPN
economy-1580	248	41	.	.	PUNCT
economy-1580	249	1	the	the	DET
economy-1580	249	2	result	result	NOUN
economy-1580	249	3	was	be	AUX
economy-1580	249	4	also	also	ADV
economy-1580	249	5	indicative	indicative	ADJ
economy-1580	249	6	of	of	ADP
economy-1580	249	7	a	a	DET
economy-1580	249	8	positive	positive	ADJ
economy-1580	249	9	(	(	PUNCT
economy-1580	249	10	-0.561272	-0.561272	NUM
economy-1580	249	11	)	)	PUNCT
economy-1580	249	12	and	and	CCONJ
economy-1580	249	13	significant	significant	ADJ
economy-1580	249	14	(	(	PUNCT
economy-1580	249	15	0.0310	0.0310	NUM
economy-1580	249	16	)	)	PUNCT
economy-1580	249	17	of	of	ADP
economy-1580	249	18	crr(-1	crr(-1	PROPN
economy-1580	249	19	)	)	PUNCT
economy-1580	249	20	,	,	PUNCT
economy-1580	249	21	which	which	PRON
economy-1580	249	22	indicates	indicate	VERB
economy-1580	249	23	that	that	SCONJ
economy-1580	249	24	tnr	tnr	PROPN
economy-1580	249	25	declined	decline	VERB
economy-1580	249	26	significantly	significantly	ADV
economy-1580	249	27	in	in	ADP
economy-1580	249	28	the	the	DET
economy-1580	249	29	long	long	ADV
economy-1580	249	30	-	-	PUNCT
economy-1580	249	31	run	run	NOUN
economy-1580	249	32	due	due	ADJ
economy-1580	249	33	to	to	PART
economy-1580	249	34	increase	increase	VERB
economy-1580	249	35	in	in	ADP
economy-1580	249	36	cash	cash	NOUN
economy-1580	249	37	reserve	reserve	NOUN
economy-1580	249	38	ratio	ratio	NOUN
economy-1580	249	39	.	.	PUNCT
economy-1580	250	1	on	on	ADP
economy-1580	250	2	the	the	DET
economy-1580	250	3	other	other	ADJ
economy-1580	250	4	hand	hand	NOUN
economy-1580	250	5	,	,	PUNCT
economy-1580	250	6	lqr(-1	lqr(-1	PROPN
economy-1580	250	7	)	)	PUNCT
economy-1580	250	8	emerged	emerge	VERB
economy-1580	250	9	with	with	ADP
economy-1580	250	10	a	a	DET
economy-1580	250	11	positive	positive	ADJ
economy-1580	250	12	(	(	PUNCT
economy-1580	250	13	0.007696	0.007696	NUM
economy-1580	250	14	)	)	PUNCT
economy-1580	250	15	coefficient	coefficient	NOUN
economy-1580	250	16	but	but	CCONJ
economy-1580	250	17	was	be	AUX
economy-1580	250	18	n’t	not	PART
economy-1580	250	19	significant	significant	ADJ
economy-1580	250	20	(	(	PUNCT
economy-1580	250	21	0.9476	0.9476	NUM
economy-1580	250	22	)	)	PUNCT
economy-1580	250	23	,	,	PUNCT
economy-1580	250	24	thus	thus	ADV
economy-1580	250	25	showing	show	VERB
economy-1580	250	26	that	that	SCONJ
economy-1580	250	27	prescribed	prescribed	ADJ
economy-1580	250	28	increase	increase	NOUN
economy-1580	250	29	in	in	ADP
economy-1580	250	30	liquidity	liquidity	NOUN
economy-1580	250	31	ratio	ratio	NOUN
economy-1580	250	32	of	of	ADP
economy-1580	250	33	banks	bank	NOUN
economy-1580	250	34	caused	cause	VERB
economy-1580	250	35	tnr	tnr	PROPN
economy-1580	250	36	of	of	ADP
economy-1580	250	37	the	the	DET
economy-1580	250	38	stock	stock	NOUN
economy-1580	250	39	market	market	NOUN
economy-1580	250	40	to	to	PART
economy-1580	250	41	accelerate	accelerate	VERB
economy-1580	250	42	but	but	CCONJ
economy-1580	250	43	at	at	ADP
economy-1580	250	44	a	a	DET
economy-1580	250	45	slow	slow	ADJ
economy-1580	250	46	pace	pace	NOUN
economy-1580	250	47	.	.	PUNCT
economy-1580	251	1	these	these	DET
economy-1580	251	2	findings	finding	NOUN
economy-1580	251	3	implied	imply	VERB
economy-1580	251	4	that	that	SCONJ
economy-1580	251	5	fiscal	fiscal	ADJ
economy-1580	251	6	policy	policy	NOUN
economy-1580	251	7	instruments	instrument	NOUN
economy-1580	251	8	(	(	PUNCT
economy-1580	251	9	government	government	NOUN
economy-1580	251	10	revenue	revenue	NOUN
economy-1580	251	11	and	and	CCONJ
economy-1580	251	12	expenditures	expenditure	NOUN
economy-1580	251	13	)	)	PUNCT
economy-1580	251	14	did	do	AUX
economy-1580	251	15	not	not	PART
economy-1580	251	16	directly	directly	ADV
economy-1580	251	17	affect	affect	VERB
economy-1580	251	18	stock	stock	NOUN
economy-1580	251	19	market	market	NOUN
economy-1580	251	20	liquidity	liquidity	NOUN
economy-1580	251	21	(	(	PUNCT
economy-1580	251	22	measured	measure	VERB
economy-1580	251	23	by	by	ADP
economy-1580	251	24	turnover	turnover	NOUN
economy-1580	251	25	ratio	ratio	NOUN
economy-1580	251	26	)	)	PUNCT
economy-1580	251	27	in	in	ADP
economy-1580	251	28	the	the	DET
economy-1580	251	29	long	long	NOUN
economy-1580	251	30	-	-	PUNCT
economy-1580	251	31	ru	ru	NOUN
economy-1580	251	32	but	but	CCONJ
economy-1580	251	33	indirectly	indirectly	ADV
economy-1580	251	34	through	through	ADP
economy-1580	251	35	government	government	NOUN
economy-1580	251	36	borrowings	borrowing	NOUN
economy-1580	251	37	due	due	ADP
economy-1580	251	38	to	to	ADP
economy-1580	251	39	fiscal	fiscal	ADJ
economy-1580	251	40	deficit	deficit	NOUN
economy-1580	251	41	.	.	PUNCT
economy-1580	252	1	this	this	DET
economy-1580	252	2	finding	finding	NOUN
economy-1580	252	3	was	be	AUX
economy-1580	252	4	in	in	ADP
economy-1580	252	5	consonance	consonance	NOUN
economy-1580	252	6	with	with	ADP
economy-1580	252	7	the	the	DET
economy-1580	252	8	richardian	richardian	ADJ
economy-1580	252	9	neutrality	neutrality	NOUN
economy-1580	252	10	hypothesis	hypothesis	NOUN
economy-1580	252	11	that	that	DET
economy-1580	252	12	economy	economy	NOUN
economy-1580	252	13	,	,	PUNCT
economy-1580	252	14	2020	2020	NUM
economy-1580	252	15	,	,	PUNCT
economy-1580	252	16	7(1	7(1	NUM
economy-1580	252	17	):	):	PUNCT
economy-1580	252	18	25	25	NUM
economy-1580	252	19	-	-	SYM
economy-1580	252	20	35	35	NUM
economy-1580	252	21	33	33	NUM
economy-1580	252	22	©	©	PROPN
economy-1580	252	23	2020	2020	NUM
economy-1580	252	24	by	by	ADP
economy-1580	252	25	the	the	DET
economy-1580	252	26	authors	author	NOUN
economy-1580	252	27	;	;	PUNCT
economy-1580	252	28	licensee	licensee	PROPN
economy-1580	252	29	asian	asian	ADJ
economy-1580	252	30	online	online	PROPN
economy-1580	252	31	journal	journal	PROPN
economy-1580	252	32	publishing	publishing	NOUN
economy-1580	252	33	group	group	NOUN
economy-1580	252	34	fiscal	fiscal	ADJ
economy-1580	252	35	policy	policy	NOUN
economy-1580	252	36	has	have	VERB
economy-1580	252	37	no	no	DET
economy-1580	252	38	individual	individual	ADJ
economy-1580	252	39	ability	ability	NOUN
economy-1580	252	40	to	to	PART
economy-1580	252	41	influence	influence	VERB
economy-1580	252	42	the	the	DET
economy-1580	252	43	behaviour	behaviour	NOUN
economy-1580	252	44	of	of	ADP
economy-1580	252	45	stock	stock	NOUN
economy-1580	252	46	markets	market	NOUN
economy-1580	252	47	and	and	CCONJ
economy-1580	252	48	other	other	ADJ
economy-1580	252	49	components	component	NOUN
economy-1580	252	50	of	of	ADP
economy-1580	252	51	the	the	DET
economy-1580	252	52	financial	financial	ADJ
economy-1580	252	53	sector	sector	NOUN
economy-1580	252	54	in	in	ADP
economy-1580	252	55	an	an	DET
economy-1580	252	56	economy	economy	NOUN
economy-1580	252	57	without	without	ADP
economy-1580	252	58	monetary	monetary	ADJ
economy-1580	252	59	policy	policy	NOUN
economy-1580	252	60	playing	play	VERB
economy-1580	252	61	a	a	DET
economy-1580	252	62	complementary	complementary	ADJ
economy-1580	252	63	role	role	NOUN
economy-1580	252	64	.	.	PUNCT
economy-1580	253	1	on	on	ADP
economy-1580	253	2	the	the	DET
economy-1580	253	3	other	other	ADJ
economy-1580	253	4	hand	hand	NOUN
economy-1580	253	5	,	,	PUNCT
economy-1580	253	6	the	the	DET
economy-1580	253	7	study	study	NOUN
economy-1580	253	8	observed	observe	VERB
economy-1580	253	9	that	that	SCONJ
economy-1580	253	10	monetary	monetary	ADJ
economy-1580	253	11	policy	policy	NOUN
economy-1580	253	12	rate	rate	NOUN
economy-1580	253	13	and	and	CCONJ
economy-1580	253	14	cash	cash	NOUN
economy-1580	253	15	reserve	reserve	NOUN
economy-1580	253	16	ratio	ratio	NOUN
economy-1580	253	17	were	be	AUX
economy-1580	253	18	monetary	monetary	ADJ
economy-1580	253	19	policy	policy	NOUN
economy-1580	253	20	tools	tool	NOUN
economy-1580	253	21	that	that	PRON
economy-1580	253	22	significantly	significantly	ADV
economy-1580	253	23	explained	explain	VERB
economy-1580	253	24	stock	stock	NOUN
economy-1580	253	25	market	market	NOUN
economy-1580	253	26	liquidity	liquidity	NOUN
economy-1580	253	27	in	in	ADP
economy-1580	253	28	the	the	DET
economy-1580	253	29	long	long	ADV
economy-1580	253	30	-	-	PUNCT
economy-1580	253	31	run	run	NOUN
economy-1580	253	32	.	.	PUNCT
economy-1580	254	1	thus	thus	ADV
economy-1580	254	2	,	,	PUNCT
economy-1580	254	3	this	this	PRON
economy-1580	254	4	is	be	AUX
economy-1580	254	5	in	in	ADP
economy-1580	254	6	tandem	tandem	NOUN
economy-1580	254	7	with	with	ADP
economy-1580	254	8	interest	interest	NOUN
economy-1580	254	9	rate	rate	NOUN
economy-1580	254	10	and	and	CCONJ
economy-1580	254	11	credit	credit	NOUN
economy-1580	254	12	channels	channel	NOUN
economy-1580	254	13	of	of	ADP
economy-1580	254	14	monetary	monetary	ADJ
economy-1580	254	15	policy	policy	NOUN
economy-1580	254	16	transmission	transmission	NOUN
economy-1580	254	17	that	that	PRON
economy-1580	254	18	deliberate	deliberate	VERB
economy-1580	254	19	changes	change	NOUN
economy-1580	254	20	to	to	ADP
economy-1580	254	21	interest	interest	NOUN
economy-1580	254	22	rate	rate	NOUN
economy-1580	254	23	by	by	ADP
economy-1580	254	24	monetary	monetary	ADJ
economy-1580	254	25	authorities	authority	NOUN
economy-1580	254	26	is	be	AUX
economy-1580	254	27	a	a	DET
economy-1580	254	28	means	means	NOUN
economy-1580	254	29	through	through	ADP
economy-1580	254	30	which	which	PRON
economy-1580	254	31	stock	stock	NOUN
economy-1580	254	32	market	market	NOUN
economy-1580	254	33	as	as	ADV
economy-1580	254	34	well	well	ADV
economy-1580	254	35	as	as	ADP
economy-1580	254	36	other	other	ADJ
economy-1580	254	37	financial	financial	ADJ
economy-1580	254	38	activities	activity	NOUN
economy-1580	254	39	are	be	AUX
economy-1580	254	40	controlled	control	VERB
economy-1580	254	41	.	.	PUNCT
economy-1580	255	1	8.4	8.4	NUM
economy-1580	255	2	.	.	PUNCT
economy-1580	255	3	short	short	ADJ
economy-1580	255	4	-	-	PUNCT
economy-1580	255	5	run	run	NOUN
economy-1580	255	6	estimation	estimation	NOUN
economy-1580	255	7	of	of	ADP
economy-1580	255	8	the	the	DET
economy-1580	255	9	ardl	ardl	NOUN
economy-1580	255	10	model	model	NOUN
economy-1580	255	11	the	the	DET
economy-1580	255	12	error	error	NOUN
economy-1580	255	13	correction	correction	NOUN
economy-1580	255	14	mechanism	mechanism	NOUN
economy-1580	255	15	(	(	PUNCT
economy-1580	255	16	ecm	ecm	NOUN
economy-1580	255	17	)	)	PUNCT
economy-1580	255	18	gave	give	VERB
economy-1580	255	19	information	information	NOUN
economy-1580	255	20	on	on	ADP
economy-1580	255	21	the	the	DET
economy-1580	255	22	speed	speed	NOUN
economy-1580	255	23	of	of	ADP
economy-1580	255	24	adjustments	adjustment	NOUN
economy-1580	255	25	and	and	CCONJ
economy-1580	255	26	short	short	ADJ
economy-1580	255	27	-	-	PUNCT
economy-1580	255	28	run	run	NOUN
economy-1580	255	29	coefficients	coefficient	NOUN
economy-1580	255	30	of	of	ADP
economy-1580	255	31	the	the	DET
economy-1580	255	32	ardl	ardl	NOUN
economy-1580	255	33	model	model	NOUN
economy-1580	255	34	while	while	SCONJ
economy-1580	255	35	the	the	DET
economy-1580	255	36	differenced	differenced	ADJ
economy-1580	255	37	coefficients	coefficient	NOUN
economy-1580	255	38	of	of	ADP
economy-1580	255	39	the	the	DET
economy-1580	255	40	independent	independent	ADJ
economy-1580	255	41	variables	variable	NOUN
economy-1580	255	42	indicated	indicate	VERB
economy-1580	255	43	the	the	DET
economy-1580	255	44	shortrun	shortrun	NOUN
economy-1580	255	45	dynamics	dynamic	NOUN
economy-1580	255	46	.	.	PUNCT
economy-1580	256	1	directly	directly	ADV
economy-1580	256	2	,	,	PUNCT
economy-1580	256	3	the	the	DET
economy-1580	256	4	ecm	ecm	PROPN
economy-1580	256	5	estimation	estimation	NOUN
economy-1580	256	6	provides	provide	VERB
economy-1580	256	7	information	information	NOUN
economy-1580	256	8	on	on	ADP
economy-1580	256	9	the	the	DET
economy-1580	256	10	speed	speed	NOUN
economy-1580	256	11	at	at	ADP
economy-1580	256	12	which	which	PRON
economy-1580	256	13	the	the	DET
economy-1580	256	14	stock	stock	NOUN
economy-1580	256	15	market	market	NOUN
economy-1580	256	16	liquidity	liquidity	NOUN
economy-1580	256	17	(	(	PUNCT
economy-1580	256	18	measured	measure	VERB
economy-1580	256	19	by	by	ADP
economy-1580	256	20	turnover	turnover	NOUN
economy-1580	256	21	ratio	ratio	NOUN
economy-1580	256	22	)	)	PUNCT
economy-1580	256	23	returns	return	NOUN
economy-1580	256	24	to	to	ADP
economy-1580	256	25	equilibrium	equilibrium	NOUN
economy-1580	256	26	after	after	ADP
economy-1580	256	27	a	a	DET
economy-1580	256	28	shock	shock	NOUN
economy-1580	256	29	to	to	ADP
economy-1580	256	30	the	the	DET
economy-1580	256	31	independent	independent	ADJ
economy-1580	256	32	variables	variable	NOUN
economy-1580	256	33	(	(	PUNCT
economy-1580	256	34	components	component	NOUN
economy-1580	256	35	of	of	ADP
economy-1580	256	36	fiscal	fiscal	ADJ
economy-1580	256	37	and	and	CCONJ
economy-1580	256	38	monetary	monetary	ADJ
economy-1580	256	39	policies	policy	NOUN
economy-1580	256	40	)	)	PUNCT
economy-1580	256	41	.	.	PUNCT
economy-1580	257	1	the	the	DET
economy-1580	257	2	results	result	NOUN
economy-1580	257	3	were	be	AUX
economy-1580	257	4	presented	present	VERB
economy-1580	257	5	in	in	ADP
economy-1580	257	6	table	table	NOUN
economy-1580	257	7	4	4	NUM
economy-1580	257	8	:	:	PUNCT
economy-1580	257	9	table-4	table-4	NUM
economy-1580	257	10	.	.	PUNCT
economy-1580	257	11	error	error	NOUN
economy-1580	257	12	correction	correction	NOUN
economy-1580	257	13	mechanism	mechanism	NOUN
economy-1580	257	14	results	result	NOUN
economy-1580	257	15	.	.	PUNCT
economy-1580	258	1	variable	variable	ADJ
economy-1580	258	2	coefficient	coefficient	NOUN
economy-1580	258	3	std	std	PROPN
economy-1580	258	4	.	.	NOUN
economy-1580	258	5	error	error	NOUN
economy-1580	258	6	t	t	NOUN
economy-1580	258	7	-	-	PUNCT
economy-1580	258	8	statistic	statistic	NOUN
economy-1580	258	9	prob	prob	NOUN
economy-1580	258	10	.	.	PUNCT
economy-1580	258	11	d(rev	d(rev	PROPN
economy-1580	258	12	)	)	PUNCT
economy-1580	258	13	0.447793	0.447793	NUM
economy-1580	258	14	0.055425	0.055425	NUM
economy-1580	258	15	8.079221	8.079221	NUM
economy-1580	258	16	0.0000	0.0000	NUM
economy-1580	258	17	d(rev(-1	d(rev(-1	NUM
economy-1580	258	18	)	)	PUNCT
economy-1580	258	19	)	)	PUNCT
economy-1580	259	1	-0.317043	-0.317043	NOUN
economy-1580	259	2	0.068979	0.068979	NUM
economy-1580	259	3	-4.596203	-4.596203	NOUN
economy-1580	259	4	0.0013	0.0013	NUM
economy-1580	259	5	d(rev(-2	d(rev(-2	NOUN
economy-1580	259	6	)	)	PUNCT
economy-1580	259	7	)	)	PUNCT
economy-1580	260	1	0.136133	0.136133	NUM
economy-1580	260	2	0.058195	0.058195	NUM
economy-1580	260	3	2.339257	2.339257	NUM
economy-1580	260	4	0.0441	0.0441	NUM
economy-1580	260	5	d(exp	d(exp	NOUN
economy-1580	260	6	)	)	PUNCT
economy-1580	260	7	0.684444	0.684444	NUM
economy-1580	260	8	0.162833	0.162833	NUM
economy-1580	261	1	4.203346	4.203346	NUM
economy-1580	261	2	0.0023	0.0023	NUM
economy-1580	261	3	d(exp(-1	d(exp(-1	NUM
economy-1580	261	4	)	)	PUNCT
economy-1580	261	5	)	)	PUNCT
economy-1580	261	6	-0.108068	-0.108068	VERB
economy-1580	261	7	0.186918	0.186918	NUM
economy-1580	261	8	-0.578156	-0.578156	NOUN
economy-1580	261	9	0.5773	0.5773	NUM
economy-1580	261	10	d(exp(-2	d(exp(-2	NOUN
economy-1580	261	11	)	)	PUNCT
economy-1580	261	12	)	)	PUNCT
economy-1580	261	13	-1.013950	-1.013950	NOUN
economy-1580	261	14	0.160921	0.160921	NUM
economy-1580	261	15	-6.300928	-6.300928	NOUN
economy-1580	261	16	0.0001	0.0001	NUM
economy-1580	261	17	d(dbt	d(dbt	NOUN
economy-1580	261	18	)	)	PUNCT
economy-1580	261	19	-0.233940	-0.233940	VERB
economy-1580	261	20	0.040295	0.040295	NUM
economy-1580	261	21	-5.805708	-5.805708	NOUN
economy-1580	261	22	0.0003	0.0003	NUM
economy-1580	261	23	d(dbt(-1	d(dbt(-1	NUM
economy-1580	261	24	)	)	PUNCT
economy-1580	261	25	)	)	PUNCT
economy-1580	262	1	0.312268	0.312268	NUM
economy-1580	262	2	0.049118	0.049118	NUM
economy-1580	262	3	6.357518	6.357518	NUM
economy-1580	262	4	0.0001	0.0001	NUM
economy-1580	262	5	d(dbt(-2	d(dbt(-2	NOUN
economy-1580	262	6	)	)	PUNCT
economy-1580	262	7	)	)	PUNCT
economy-1580	263	1	0.279972	0.279972	NUM
economy-1580	263	2	0.040877	0.040877	NUM
economy-1580	263	3	6.849186	6.849186	NUM
economy-1580	263	4	0.0001	0.0001	NUM
economy-1580	263	5	d(mpr	d(mpr	NOUN
economy-1580	263	6	)	)	PUNCT
economy-1580	263	7	0.173522	0.173522	NUM
economy-1580	263	8	0.148382	0.148382	NUM
economy-1580	263	9	1.169430	1.169430	NUM
economy-1580	263	10	0.2723	0.2723	NUM
economy-1580	263	11	d(mpr(-1	d(mpr(-1	NOUN
economy-1580	263	12	)	)	PUNCT
economy-1580	263	13	)	)	PUNCT
economy-1580	264	1	-0.797467	-0.797467	PUNCT
economy-1580	265	1	0.147932	0.147932	NUM
economy-1580	265	2	-5.390774	-5.390774	NOUN
economy-1580	265	3	0.0004	0.0004	NUM
economy-1580	265	4	d(mpr(-2	d(mpr(-2	NOUN
economy-1580	265	5	)	)	PUNCT
economy-1580	265	6	)	)	PUNCT
economy-1580	265	7	-0.261833	-0.261833	VERB
economy-1580	266	1	0.099839	0.099839	NUM
economy-1580	266	2	-2.622554	-2.622554	VERB
economy-1580	266	3	0.0277	0.0277	NUM
economy-1580	266	4	d(crr	d(crr	NOUN
economy-1580	266	5	)	)	PUNCT
economy-1580	266	6	-0.907645	-0.907645	NOUN
economy-1580	266	7	0.140365	0.140365	NUM
economy-1580	266	8	-6.466304	-6.466304	NUM
economy-1580	266	9	0.0001	0.0001	NUM
economy-1580	266	10	d(lqr	d(lqr	NOUN
economy-1580	266	11	)	)	PUNCT
economy-1580	266	12	-0.063470	-0.063470	NOUN
economy-1580	267	1	0.034927	0.034927	NUM
economy-1580	267	2	-1.817217	-1.817217	NOUN
economy-1580	267	3	0.1026	0.1026	NUM
economy-1580	267	4	ect(-1	ect(-1	NOUN
economy-1580	267	5	)	)	PUNCT
economy-1580	267	6	-0.866820	-0.866820	NOUN
economy-1580	268	1	0.083955	0.083955	NUM
economy-1580	268	2	-10.32487	-10.32487	SYM
economy-1580	268	3	0.0000	0.0000	NUM
economy-1580	268	4	r	r	NOUN
economy-1580	268	5	-	-	PUNCT
economy-1580	268	6	squared	square	VERB
economy-1580	268	7	0.920010	0.920010	NUM
economy-1580	268	8	adjusted	adjust	VERB
economy-1580	268	9	r	r	NOUN
economy-1580	268	10	-	-	PUNCT
economy-1580	268	11	squared	square	VERB
economy-1580	268	12	0.845352	0.845352	NUM
economy-1580	268	13	durbin	durbin	ADJ
economy-1580	268	14	-	-	PUNCT
economy-1580	268	15	watson	watson	NOUN
economy-1580	268	16	stat	stat	PROPN
economy-1580	268	17	2.253422	2.253422	NUM
economy-1580	268	18	in	in	ADP
economy-1580	268	19	table	table	NOUN
economy-1580	268	20	4	4	NUM
economy-1580	268	21	,	,	PUNCT
economy-1580	268	22	the	the	DET
economy-1580	268	23	short	short	ADJ
economy-1580	268	24	-	-	PUNCT
economy-1580	268	25	run	run	VERB
economy-1580	268	26	dynamic	dynamic	ADJ
economy-1580	268	27	coefficients	coefficient	NOUN
economy-1580	268	28	revealed	reveal	VERB
economy-1580	268	29	that	that	SCONJ
economy-1580	268	30	rev	rev	PROPN
economy-1580	268	31	and	and	CCONJ
economy-1580	268	32	exp	exp	NOUN
economy-1580	268	33	had	have	VERB
economy-1580	268	34	positive	positive	ADJ
economy-1580	268	35	effect	effect	NOUN
economy-1580	268	36	on	on	ADP
economy-1580	268	37	stock	stock	NOUN
economy-1580	268	38	market	market	NOUN
economy-1580	268	39	turnover	turnover	NOUN
economy-1580	268	40	while	while	SCONJ
economy-1580	268	41	dbt	dbt	PROPN
economy-1580	268	42	had	have	VERB
economy-1580	268	43	a	a	DET
economy-1580	268	44	negative	negative	ADJ
economy-1580	268	45	effect	effect	NOUN
economy-1580	268	46	which	which	PRON
economy-1580	268	47	buttressed	buttress	VERB
economy-1580	268	48	the	the	DET
economy-1580	268	49	undesirable	undesirable	ADJ
economy-1580	268	50	effects	effect	NOUN
economy-1580	268	51	public	public	ADJ
economy-1580	268	52	debt	debt	NOUN
economy-1580	268	53	burden	burden	NOUN
economy-1580	268	54	could	could	AUX
economy-1580	268	55	have	have	VERB
economy-1580	268	56	on	on	ADP
economy-1580	268	57	the	the	DET
economy-1580	268	58	nigerian	nigerian	ADJ
economy-1580	268	59	financial	financial	ADJ
economy-1580	268	60	system	system	NOUN
economy-1580	268	61	(	(	PUNCT
economy-1580	268	62	sunday	sunday	PROPN
economy-1580	268	63	,	,	PUNCT
economy-1580	268	64	agbaeze	agbaeze	PROPN
economy-1580	268	65	,	,	PUNCT
economy-1580	268	66	&	&	CCONJ
economy-1580	268	67	onyele	onyele	PROPN
economy-1580	268	68	,	,	PUNCT
economy-1580	268	69	2018	2018	NUM
economy-1580	268	70	)	)	PUNCT
economy-1580	268	71	.	.	PUNCT
economy-1580	269	1	also	also	ADV
economy-1580	269	2	,	,	PUNCT
economy-1580	269	3	while	while	SCONJ
economy-1580	269	4	mpr	mpr	PROPN
economy-1580	269	5	emerged	emerge	VERB
economy-1580	269	6	with	with	ADP
economy-1580	269	7	a	a	DET
economy-1580	269	8	positive	positive	ADJ
economy-1580	269	9	coefficient	coefficient	NOUN
economy-1580	269	10	,	,	PUNCT
economy-1580	269	11	lqr	lqr	NOUN
economy-1580	269	12	and	and	CCONJ
economy-1580	269	13	crr	crr	PROPN
economy-1580	269	14	had	have	VERB
economy-1580	269	15	negative	negative	ADJ
economy-1580	269	16	coefficients	coefficient	NOUN
economy-1580	269	17	which	which	PRON
economy-1580	269	18	entails	entail	VERB
economy-1580	269	19	that	that	SCONJ
economy-1580	269	20	alterations	alteration	NOUN
economy-1580	269	21	to	to	ADP
economy-1580	269	22	banks	bank	NOUN
economy-1580	269	23	’	'	PUNCT
economy-1580	269	24	liquidity	liquidity	NOUN
economy-1580	269	25	and	and	CCONJ
economy-1580	269	26	reserves	reserve	NOUN
economy-1580	269	27	bears	bear	VERB
economy-1580	269	28	diminishing	diminishing	NOUN
economy-1580	269	29	effects	effect	NOUN
economy-1580	269	30	on	on	ADP
economy-1580	269	31	stock	stock	NOUN
economy-1580	269	32	market	market	NOUN
economy-1580	269	33	turnover	turnover	NOUN
economy-1580	269	34	ratio	ratio	NOUN
economy-1580	269	35	in	in	ADP
economy-1580	269	36	the	the	DET
economy-1580	269	37	short	short	ADJ
economy-1580	269	38	-	-	PUNCT
economy-1580	269	39	run	run	NOUN
economy-1580	269	40	as	as	SCONJ
economy-1580	269	41	it	it	PRON
economy-1580	269	42	limits	limit	VERB
economy-1580	269	43	commercial	commercial	ADJ
economy-1580	269	44	banks	bank	NOUN
economy-1580	269	45	’	'	PUNCT
economy-1580	269	46	ability	ability	NOUN
economy-1580	269	47	to	to	PART
economy-1580	269	48	increase	increase	VERB
economy-1580	269	49	in	in	ADP
economy-1580	269	50	loans	loan	NOUN
economy-1580	269	51	to	to	ADP
economy-1580	269	52	private	private	ADJ
economy-1580	269	53	sector	sector	NOUN
economy-1580	269	54	which	which	PRON
economy-1580	269	55	in	in	ADP
economy-1580	269	56	turn	turn	NOUN
economy-1580	269	57	affects	affect	VERB
economy-1580	269	58	stock	stock	NOUN
economy-1580	269	59	market	market	NOUN
economy-1580	269	60	activities	activity	NOUN
economy-1580	269	61	(	(	PUNCT
economy-1580	269	62	orekoya	orekoya	ADJ
economy-1580	269	63	,	,	PUNCT
economy-1580	269	64	2017	2017	NUM
economy-1580	269	65	)	)	PUNCT
economy-1580	269	66	.	.	PUNCT
economy-1580	270	1	the	the	DET
economy-1580	270	2	short	short	ADJ
economy-1580	270	3	-	-	PUNCT
economy-1580	270	4	run	run	NOUN
economy-1580	270	5	dynamics	dynamic	NOUN
economy-1580	270	6	denoted	denote	VERB
economy-1580	270	7	by	by	ADP
economy-1580	270	8	the	the	DET
economy-1580	270	9	differenced	differenced	ADJ
economy-1580	270	10	(	(	PUNCT
economy-1580	270	11	d	d	NOUN
economy-1580	270	12	)	)	PUNCT
economy-1580	270	13	coefficients	coefficient	NOUN
economy-1580	270	14	of	of	ADP
economy-1580	270	15	the	the	DET
economy-1580	270	16	explanatory	explanatory	ADJ
economy-1580	270	17	variables	variable	NOUN
economy-1580	270	18	indicated	indicate	VERB
economy-1580	270	19	that	that	SCONJ
economy-1580	270	20	all	all	DET
economy-1580	270	21	the	the	DET
economy-1580	270	22	components	component	NOUN
economy-1580	270	23	of	of	ADP
economy-1580	270	24	fiscal	fiscal	ADJ
economy-1580	270	25	policy	policy	NOUN
economy-1580	270	26	considered	consider	VERB
economy-1580	270	27	for	for	ADP
economy-1580	270	28	this	this	DET
economy-1580	270	29	study	study	NOUN
economy-1580	270	30	has	have	VERB
economy-1580	270	31	significant	significant	ADJ
economy-1580	270	32	effect	effect	NOUN
economy-1580	270	33	on	on	ADP
economy-1580	270	34	stock	stock	NOUN
economy-1580	270	35	market	market	NOUN
economy-1580	270	36	turnover	turnover	NOUN
economy-1580	270	37	ratio	ratio	NOUN
economy-1580	270	38	.	.	PUNCT
economy-1580	271	1	however	however	ADV
economy-1580	271	2	,	,	PUNCT
economy-1580	271	3	it	it	PRON
economy-1580	271	4	was	be	AUX
economy-1580	271	5	observed	observe	VERB
economy-1580	271	6	that	that	SCONJ
economy-1580	271	7	government	government	NOUN
economy-1580	271	8	collected	collect	VERB
economy-1580	271	9	revenue	revenue	NOUN
economy-1580	271	10	,	,	PUNCT
economy-1580	271	11	public	public	ADJ
economy-1580	271	12	expenditures	expenditure	NOUN
economy-1580	271	13	and	and	CCONJ
economy-1580	271	14	government	government	NOUN
economy-1580	271	15	debt	debt	NOUN
economy-1580	271	16	had	have	VERB
economy-1580	271	17	immediate	immediate	ADJ
economy-1580	271	18	significant	significant	ADJ
economy-1580	271	19	effect	effect	NOUN
economy-1580	271	20	on	on	ADP
economy-1580	271	21	stock	stock	NOUN
economy-1580	271	22	market	market	NOUN
economy-1580	271	23	turnover	turnover	NOUN
economy-1580	271	24	ratio	ratio	NOUN
economy-1580	271	25	.	.	PUNCT
economy-1580	272	1	this	this	PRON
economy-1580	272	2	was	be	AUX
economy-1580	272	3	observed	observe	VERB
economy-1580	272	4	by	by	ADP
economy-1580	272	5	the	the	DET
economy-1580	272	6	p	p	NOUN
economy-1580	272	7	-	-	PUNCT
economy-1580	272	8	values	value	NOUN
economy-1580	272	9	(	(	PUNCT
economy-1580	272	10	0.0000	0.0000	NUM
economy-1580	272	11	,	,	PUNCT
economy-1580	272	12	0.0023	0.0023	NUM
economy-1580	272	13	and	and	CCONJ
economy-1580	272	14	0.0003	0.0003	NUM
economy-1580	272	15	)	)	PUNCT
economy-1580	272	16	associated	associate	VERB
economy-1580	272	17	with	with	ADP
economy-1580	272	18	d(rev	d(rev	PROPN
economy-1580	272	19	)	)	PUNCT
economy-1580	272	20	,	,	PUNCT
economy-1580	272	21	d(exp	d(exp	PROPN
economy-1580	272	22	)	)	PUNCT
economy-1580	272	23	and	and	CCONJ
economy-1580	272	24	d(dbt	d(dbt	NOUN
economy-1580	272	25	)	)	PUNCT
economy-1580	272	26	,	,	PUNCT
economy-1580	272	27	respectively	respectively	ADV
economy-1580	272	28	which	which	PRON
economy-1580	272	29	were	be	AUX
economy-1580	272	30	less	less	ADJ
economy-1580	272	31	than	than	ADP
economy-1580	272	32	the	the	DET
economy-1580	272	33	0.05	0.05	NUM
economy-1580	272	34	critical	critical	ADJ
economy-1580	272	35	value	value	NOUN
economy-1580	272	36	.	.	PUNCT
economy-1580	273	1	this	this	PRON
economy-1580	273	2	implies	imply	VERB
economy-1580	273	3	that	that	DET
economy-1580	273	4	increase	increase	NOUN
economy-1580	273	5	in	in	ADP
economy-1580	273	6	revenue	revenue	NOUN
economy-1580	273	7	collection	collection	NOUN
economy-1580	273	8	,	,	PUNCT
economy-1580	273	9	especially	especially	ADV
economy-1580	273	10	through	through	ADP
economy-1580	273	11	taxation	taxation	NOUN
economy-1580	273	12	,	,	PUNCT
economy-1580	273	13	higher	high	ADJ
economy-1580	273	14	public	public	ADJ
economy-1580	273	15	expenditures	expenditure	NOUN
economy-1580	273	16	as	as	ADV
economy-1580	273	17	well	well	ADV
economy-1580	273	18	as	as	ADP
economy-1580	273	19	increased	increase	VERB
economy-1580	273	20	debt	debt	NOUN
economy-1580	273	21	burden	burden	NOUN
economy-1580	273	22	arising	arise	VERB
economy-1580	273	23	from	from	ADP
economy-1580	273	24	deficit	deficit	NOUN
economy-1580	273	25	financing	financing	NOUN
economy-1580	273	26	received	receive	VERB
economy-1580	273	27	rapid	rapid	ADJ
economy-1580	273	28	change	change	NOUN
economy-1580	273	29	to	to	ADP
economy-1580	273	30	stock	stock	NOUN
economy-1580	273	31	market	market	NOUN
economy-1580	273	32	turnover	turnover	NOUN
economy-1580	273	33	.	.	PUNCT
economy-1580	274	1	on	on	ADP
economy-1580	274	2	the	the	DET
economy-1580	274	3	other	other	ADJ
economy-1580	274	4	hand	hand	NOUN
economy-1580	274	5	,	,	PUNCT
economy-1580	274	6	it	it	PRON
economy-1580	274	7	was	be	AUX
economy-1580	274	8	observed	observe	VERB
economy-1580	274	9	that	that	SCONJ
economy-1580	274	10	while	while	SCONJ
economy-1580	274	11	the	the	DET
economy-1580	274	12	monetary	monetary	ADJ
economy-1580	274	13	policy	policy	NOUN
economy-1580	274	14	rate	rate	NOUN
economy-1580	274	15	and	and	CCONJ
economy-1580	274	16	liquidity	liquidity	NOUN
economy-1580	274	17	ratio	ratio	NOUN
economy-1580	274	18	did	do	AUX
economy-1580	274	19	not	not	PART
economy-1580	274	20	have	have	VERB
economy-1580	274	21	immediate	immediate	ADJ
economy-1580	274	22	effect	effect	NOUN
economy-1580	274	23	on	on	ADP
economy-1580	274	24	stock	stock	NOUN
economy-1580	274	25	market	market	NOUN
economy-1580	274	26	turnover	turnover	NOUN
economy-1580	274	27	ratio	ratio	NOUN
economy-1580	274	28	as	as	SCONJ
economy-1580	274	29	indicated	indicate	VERB
economy-1580	274	30	by	by	ADP
economy-1580	274	31	their	their	PRON
economy-1580	274	32	respective	respective	ADJ
economy-1580	274	33	p	p	NOUN
economy-1580	274	34	-	-	PUNCT
economy-1580	274	35	values	value	NOUN
economy-1580	274	36	(	(	PUNCT
economy-1580	274	37	0.2723	0.2723	NUM
economy-1580	274	38	and	and	CCONJ
economy-1580	274	39	0.1026	0.1026	NUM
economy-1580	274	40	)	)	PUNCT
economy-1580	274	41	as	as	SCONJ
economy-1580	274	42	linked	link	VERB
economy-1580	274	43	with	with	ADP
economy-1580	274	44	d(mpr	d(mpr	NOUN
economy-1580	274	45	)	)	PUNCT
economy-1580	274	46	and	and	CCONJ
economy-1580	274	47	d(lqr	d(lqr	NOUN
economy-1580	274	48	)	)	PUNCT
economy-1580	274	49	,	,	PUNCT
economy-1580	274	50	cash	cash	NOUN
economy-1580	274	51	reserve	reserve	NOUN
economy-1580	274	52	ratio	ratio	NOUN
economy-1580	274	53	had	have	VERB
economy-1580	274	54	an	an	DET
economy-1580	274	55	immediate	immediate	ADJ
economy-1580	274	56	effect	effect	NOUN
economy-1580	274	57	on	on	ADP
economy-1580	274	58	stock	stock	NOUN
economy-1580	274	59	market	market	NOUN
economy-1580	274	60	turnover	turnover	NOUN
economy-1580	274	61	ratio	ratio	NOUN
economy-1580	274	62	as	as	SCONJ
economy-1580	274	63	indicated	indicate	VERB
economy-1580	274	64	by	by	ADP
economy-1580	274	65	the	the	DET
economy-1580	274	66	p	p	NOUN
economy-1580	274	67	-	-	PUNCT
economy-1580	274	68	value	value	NOUN
economy-1580	274	69	(	(	PUNCT
economy-1580	274	70	0.0001	0.0001	NUM
economy-1580	274	71	)	)	PUNCT
economy-1580	274	72	of	of	ADP
economy-1580	274	73	d(crr	d(crr	PROPN
economy-1580	274	74	)	)	PUNCT
economy-1580	274	75	,	,	PUNCT
economy-1580	274	76	but	but	CCONJ
economy-1580	274	77	tnr	tnr	PROPN
economy-1580	274	78	was	be	AUX
economy-1580	274	79	strongly	strongly	ADV
economy-1580	274	80	predicted	predict	VERB
economy-1580	274	81	by	by	ADP
economy-1580	274	82	the	the	DET
economy-1580	274	83	first	first	ADJ
economy-1580	274	84	and	and	CCONJ
economy-1580	274	85	second	second	ADJ
economy-1580	274	86	lag	lag	NOUN
economy-1580	274	87	of	of	ADP
economy-1580	274	88	mpr	mpr	NOUN
economy-1580	274	89	,	,	PUNCT
economy-1580	274	90	that	that	PRON
economy-1580	274	91	is	be	AUX
economy-1580	274	92	mpr(-1	mpr(-1	ADJ
economy-1580	274	93	)	)	PUNCT
economy-1580	274	94	and	and	CCONJ
economy-1580	274	95	mpr(-2	mpr(-2	NOUN
economy-1580	274	96	)	)	PUNCT
economy-1580	274	97	.	.	PUNCT
economy-1580	275	1	this	this	PRON
economy-1580	275	2	shows	show	VERB
economy-1580	275	3	that	that	SCONJ
economy-1580	275	4	both	both	CCONJ
economy-1580	275	5	fiscal	fiscal	ADJ
economy-1580	275	6	and	and	CCONJ
economy-1580	275	7	monetary	monetary	ADJ
economy-1580	275	8	policy	policy	NOUN
economy-1580	275	9	were	be	AUX
economy-1580	275	10	important	important	ADJ
economy-1580	275	11	in	in	ADP
economy-1580	275	12	determining	determine	VERB
economy-1580	275	13	short	short	ADJ
economy-1580	275	14	-	-	PUNCT
economy-1580	275	15	run	run	NOUN
economy-1580	275	16	turnover	turnover	NOUN
economy-1580	275	17	ratio	ratio	NOUN
economy-1580	275	18	of	of	ADP
economy-1580	275	19	the	the	DET
economy-1580	275	20	nigerian	nigerian	ADJ
economy-1580	275	21	stock	stock	NOUN
economy-1580	275	22	market	market	NOUN
economy-1580	275	23	than	than	ADP
economy-1580	275	24	monetary	monetary	ADJ
economy-1580	275	25	policy	policy	NOUN
economy-1580	275	26	.	.	PUNCT
economy-1580	276	1	the	the	DET
economy-1580	276	2	significance	significance	NOUN
economy-1580	276	3	of	of	ADP
economy-1580	276	4	mpr	mpr	NOUN
economy-1580	276	5	and	and	CCONJ
economy-1580	276	6	crr	crr	PROPN
economy-1580	276	7	validates	validate	VERB
economy-1580	276	8	the	the	DET
economy-1580	276	9	theoretical	theoretical	ADJ
economy-1580	276	10	postulation	postulation	NOUN
economy-1580	276	11	of	of	ADP
economy-1580	276	12	the	the	DET
economy-1580	276	13	keynesians	keynesian	NOUN
economy-1580	276	14	that	that	SCONJ
economy-1580	276	15	fiscal	fiscal	ADJ
economy-1580	276	16	policy	policy	NOUN
economy-1580	276	17	affects	affect	VERB
economy-1580	276	18	the	the	DET
economy-1580	276	19	stock	stock	NOUN
economy-1580	276	20	market	market	NOUN
economy-1580	276	21	as	as	SCONJ
economy-1580	276	22	policy	policy	NOUN
economy-1580	276	23	makers	maker	NOUN
economy-1580	276	24	utilize	utilize	VERB
economy-1580	276	25	budget	budget	NOUN
economy-1580	276	26	deficit	deficit	NOUN
economy-1580	276	27	,	,	PUNCT
economy-1580	276	28	taxes	taxis	NOUN
economy-1580	276	29	as	as	ADV
economy-1580	276	30	well	well	ADV
economy-1580	276	31	as	as	ADP
economy-1580	276	32	other	other	ADJ
economy-1580	276	33	discretionary	discretionary	ADJ
economy-1580	276	34	measures	measure	NOUN
economy-1580	276	35	to	to	PART
economy-1580	276	36	alter	alter	VERB
economy-1580	276	37	the	the	DET
economy-1580	276	38	prevailing	prevail	VERB
economy-1580	276	39	interest	interest	NOUN
economy-1580	276	40	rate	rate	NOUN
economy-1580	276	41	,	,	PUNCT
economy-1580	276	42	thereby	thereby	ADV
economy-1580	276	43	causing	cause	VERB
economy-1580	276	44	significant	significant	ADJ
economy-1580	276	45	change	change	NOUN
economy-1580	276	46	in	in	ADP
economy-1580	276	47	stock	stock	NOUN
economy-1580	276	48	market	market	NOUN
economy-1580	276	49	activities	activity	NOUN
economy-1580	276	50	.	.	PUNCT
economy-1580	277	1	the	the	DET
economy-1580	277	2	ect	ect	ADJ
economy-1580	277	3	indicates	indicate	VERB
economy-1580	277	4	the	the	DET
economy-1580	277	5	speed	speed	NOUN
economy-1580	277	6	of	of	ADP
economy-1580	277	7	adjustment	adjustment	NOUN
economy-1580	277	8	mechanism	mechanism	NOUN
economy-1580	277	9	towards	towards	ADP
economy-1580	277	10	restoring	restore	VERB
economy-1580	277	11	equilibrium	equilibrium	NOUN
economy-1580	277	12	following	follow	VERB
economy-1580	277	13	a	a	DET
economy-1580	277	14	shock	shock	NOUN
economy-1580	277	15	in	in	ADP
economy-1580	277	16	the	the	DET
economy-1580	277	17	long	long	ADV
economy-1580	277	18	-	-	PUNCT
economy-1580	277	19	run	run	NOUN
economy-1580	277	20	.	.	PUNCT
economy-1580	278	1	the	the	DET
economy-1580	278	2	observed	observed	ADJ
economy-1580	278	3	coefficient	coefficient	NOUN
economy-1580	278	4	of	of	ADP
economy-1580	278	5	the	the	DET
economy-1580	278	6	error	error	NOUN
economy-1580	278	7	correction	correction	NOUN
economy-1580	278	8	term	term	NOUN
economy-1580	278	9	(	(	PUNCT
economy-1580	278	10	ect	ect	X
economy-1580	278	11	)	)	PUNCT
economy-1580	278	12	was	be	AUX
economy-1580	278	13	found	find	VERB
economy-1580	278	14	to	to	PART
economy-1580	278	15	be	be	AUX
economy-1580	278	16	negative	negative	ADJ
economy-1580	278	17	(	(	PUNCT
economy-1580	278	18	-0.8668	-0.8668	NOUN
economy-1580	278	19	)	)	PUNCT
economy-1580	278	20	and	and	CCONJ
economy-1580	278	21	statistically	statistically	ADV
economy-1580	278	22	significant	significant	ADJ
economy-1580	278	23	(	(	PUNCT
economy-1580	278	24	0.0000	0.0000	NUM
economy-1580	278	25	)	)	PUNCT
economy-1580	278	26	.	.	PUNCT
economy-1580	279	1	a	a	DET
economy-1580	279	2	negative	negative	ADJ
economy-1580	279	3	and	and	CCONJ
economy-1580	279	4	statistically	statistically	ADV
economy-1580	279	5	significant	significant	ADJ
economy-1580	279	6	ect	ect	VERB
economy-1580	279	7	indicates	indicate	VERB
economy-1580	279	8	how	how	SCONJ
economy-1580	279	9	rapidly	rapidly	ADV
economy-1580	279	10	stock	stock	NOUN
economy-1580	279	11	market	market	NOUN
economy-1580	279	12	turnover	turnover	NOUN
economy-1580	279	13	return	return	NOUN
economy-1580	279	14	to	to	ADP
economy-1580	279	15	equilibrium	equilibrium	NOUN
economy-1580	279	16	after	after	ADP
economy-1580	279	17	a	a	DET
economy-1580	279	18	shock	shock	NOUN
economy-1580	279	19	or	or	CCONJ
economy-1580	279	20	discrepancies	discrepancy	NOUN
economy-1580	279	21	to	to	ADP
economy-1580	279	22	macroeconomic	macroeconomic	ADJ
economy-1580	279	23	policies	policy	NOUN
economy-1580	279	24	in	in	ADP
economy-1580	279	25	the	the	DET
economy-1580	279	26	long	long	ADV
economy-1580	279	27	-	-	PUNCT
economy-1580	279	28	run	run	NOUN
economy-1580	279	29	.	.	PUNCT
economy-1580	280	1	in	in	ADP
economy-1580	280	2	absolute	absolute	ADJ
economy-1580	280	3	term	term	NOUN
economy-1580	280	4	,	,	PUNCT
economy-1580	280	5	the	the	DET
economy-1580	280	6	relatively	relatively	ADV
economy-1580	280	7	high	high	ADJ
economy-1580	280	8	adjustment	adjustment	NOUN
economy-1580	280	9	mechanism	mechanism	NOUN
economy-1580	280	10	denoted	denote	VERB
economy-1580	280	11	by	by	ADP
economy-1580	280	12	the	the	DET
economy-1580	280	13	coefficient	coefficient	NOUN
economy-1580	280	14	-0.8668	-0.8668	NOUN
economy-1580	280	15	(	(	PUNCT
economy-1580	280	16	86.68	86.68	NUM
economy-1580	280	17	%	%	NOUN
economy-1580	280	18	)	)	PUNCT
economy-1580	280	19	associated	associate	VERB
economy-1580	280	20	with	with	ADP
economy-1580	280	21	the	the	DET
economy-1580	280	22	ect	ect	PROPN
economy-1580	280	23	implies	imply	VERB
economy-1580	280	24	a	a	DET
economy-1580	280	25	rapid	rapid	ADJ
economy-1580	280	26	adjustment	adjustment	NOUN
economy-1580	280	27	process	process	NOUN
economy-1580	280	28	in	in	ADP
economy-1580	280	29	the	the	DET
economy-1580	280	30	model	model	NOUN
economy-1580	280	31	.	.	PUNCT
economy-1580	281	1	this	this	PRON
economy-1580	281	2	shows	show	VERB
economy-1580	281	3	that	that	SCONJ
economy-1580	281	4	in	in	ADP
economy-1580	281	5	the	the	DET
economy-1580	281	6	current	current	ADJ
economy-1580	281	7	year	year	NOUN
economy-1580	281	8	,	,	PUNCT
economy-1580	281	9	approximately	approximately	ADV
economy-1580	281	10	86.68	86.68	NUM
economy-1580	281	11	%	%	NOUN
economy-1580	281	12	of	of	ADP
economy-1580	281	13	previous	previous	ADJ
economy-1580	281	14	year	year	NOUN
economy-1580	281	15	’s	’s	PART
economy-1580	281	16	disequilibrium	disequilibrium	NOUN
economy-1580	281	17	or	or	CCONJ
economy-1580	281	18	shocks	shock	NOUN
economy-1580	281	19	adjusted	adjust	VERB
economy-1580	281	20	back	back	ADV
economy-1580	281	21	to	to	ADP
economy-1580	281	22	long	long	ADV
economy-1580	281	23	-	-	PUNCT
economy-1580	281	24	run	run	VERB
economy-1580	281	25	equilibrium	equilibrium	NOUN
economy-1580	281	26	.	.	PUNCT
economy-1580	282	1	the	the	DET
economy-1580	282	2	ect	ect	ADJ
economy-1580	282	3	further	far	ADV
economy-1580	282	4	indicated	indicate	VERB
economy-1580	282	5	the	the	DET
economy-1580	282	6	presence	presence	NOUN
economy-1580	282	7	of	of	ADP
economy-1580	282	8	a	a	DET
economy-1580	282	9	long	long	ADV
economy-1580	282	10	-	-	PUNCT
economy-1580	282	11	run	run	NOUN
economy-1580	282	12	relationship	relationship	NOUN
economy-1580	282	13	between	between	ADP
economy-1580	282	14	components	component	NOUN
economy-1580	282	15	of	of	ADP
economy-1580	282	16	macroeconomic	macroeconomic	ADJ
economy-1580	282	17	policies	policy	NOUN
economy-1580	282	18	and	and	CCONJ
economy-1580	282	19	stock	stock	NOUN
economy-1580	282	20	market	market	NOUN
economy-1580	282	21	liquidity	liquidity	NOUN
economy-1580	282	22	in	in	ADP
economy-1580	282	23	nigeria	nigeria	PROPN
economy-1580	282	24	.	.	PUNCT
economy-1580	283	1	on	on	ADP
economy-1580	283	2	the	the	DET
economy-1580	283	3	other	other	ADJ
economy-1580	283	4	hand	hand	NOUN
economy-1580	283	5	,	,	PUNCT
economy-1580	283	6	the	the	DET
economy-1580	283	7	adjusted	adjusted	ADJ
economy-1580	283	8	r	r	NOUN
economy-1580	283	9	-	-	PUNCT
economy-1580	283	10	squared	square	VERB
economy-1580	283	11	(	(	PUNCT
economy-1580	283	12	0.845352	0.845352	NUM
economy-1580	283	13	)	)	PUNCT
economy-1580	283	14	points	point	NOUN
economy-1580	283	15	to	to	ADP
economy-1580	283	16	the	the	DET
economy-1580	283	17	fact	fact	NOUN
economy-1580	283	18	that	that	SCONJ
economy-1580	283	19	interaction	interaction	NOUN
economy-1580	283	20	of	of	ADP
economy-1580	283	21	monetary	monetary	ADJ
economy-1580	283	22	policy	policy	NOUN
economy-1580	283	23	and	and	CCONJ
economy-1580	283	24	fiscal	fiscal	ADJ
economy-1580	283	25	policy	policy	NOUN
economy-1580	283	26	explained	explain	VERB
economy-1580	283	27	significant	significant	ADJ
economy-1580	283	28	proportion	proportion	NOUN
economy-1580	283	29	of	of	ADP
economy-1580	283	30	tnr	tnr	PROPN
economy-1580	283	31	.	.	PUNCT
economy-1580	284	1	this	this	PRON
economy-1580	284	2	implies	imply	VERB
economy-1580	284	3	that	that	SCONJ
economy-1580	284	4	approximately	approximately	ADV
economy-1580	284	5	84.53	84.53	NUM
economy-1580	284	6	%	%	NOUN
economy-1580	284	7	of	of	ADP
economy-1580	284	8	the	the	DET
economy-1580	284	9	total	total	ADJ
economy-1580	284	10	variations	variation	NOUN
economy-1580	284	11	in	in	ADP
economy-1580	284	12	stock	stock	NOUN
economy-1580	284	13	market	market	NOUN
economy-1580	284	14	turnover	turnover	NOUN
economy-1580	284	15	(	(	PUNCT
economy-1580	284	16	tnr	tnr	PROPN
economy-1580	284	17	)	)	PUNCT
economy-1580	284	18	was	be	AUX
economy-1580	284	19	collectively	collectively	ADV
economy-1580	284	20	explained	explain	VERB
economy-1580	284	21	by	by	ADP
economy-1580	284	22	fiscal	fiscal	ADJ
economy-1580	284	23	policy	policy	NOUN
economy-1580	284	24	(	(	PUNCT
economy-1580	284	25	government	government	NOUN
economy-1580	284	26	revenue	revenue	NOUN
economy-1580	284	27	,	,	PUNCT
economy-1580	284	28	government	government	NOUN
economy-1580	284	29	expenditures	expenditure	NOUN
economy-1580	284	30	and	and	CCONJ
economy-1580	284	31	public	public	ADJ
economy-1580	284	32	debt	debt	NOUN
economy-1580	284	33	)	)	PUNCT
economy-1580	284	34	and	and	CCONJ
economy-1580	284	35	monetary	monetary	ADJ
economy-1580	284	36	policy	policy	NOUN
economy-1580	284	37	instruments	instrument	NOUN
economy-1580	284	38	(	(	PUNCT
economy-1580	284	39	mpr	mpr	NOUN
economy-1580	284	40	,	,	PUNCT
economy-1580	284	41	cash	cash	NOUN
economy-1580	284	42	reserve	reserve	NOUN
economy-1580	284	43	ratio	ratio	NOUN
economy-1580	284	44	and	and	CCONJ
economy-1580	284	45	liquidity	liquidity	NOUN
economy-1580	284	46	ratio	ratio	NOUN
economy-1580	284	47	)	)	PUNCT
economy-1580	284	48	.	.	PUNCT
economy-1580	285	1	the	the	DET
economy-1580	285	2	durbin	durbin	PROPN
economy-1580	285	3	-	-	PUNCT
economy-1580	285	4	watson	watson	NOUN
economy-1580	285	5	value	value	NOUN
economy-1580	285	6	(	(	PUNCT
economy-1580	285	7	2.253422	2.253422	NUM
economy-1580	285	8	)	)	PUNCT
economy-1580	285	9	which	which	PRON
economy-1580	285	10	is	be	AUX
economy-1580	285	11	approximately	approximately	ADV
economy-1580	285	12	two	two	NUM
economy-1580	285	13	(	(	PUNCT
economy-1580	285	14	2	2	NUM
economy-1580	285	15	)	)	PUNCT
economy-1580	285	16	indicated	indicate	VERB
economy-1580	285	17	the	the	DET
economy-1580	285	18	absence	absence	NOUN
economy-1580	285	19	of	of	ADP
economy-1580	285	20	serious	serious	ADJ
economy-1580	285	21	problem	problem	NOUN
economy-1580	285	22	of	of	ADP
economy-1580	285	23	autocorrelation	autocorrelation	NOUN
economy-1580	285	24	in	in	ADP
economy-1580	285	25	the	the	DET
economy-1580	285	26	ecm	ecm	NOUN
economy-1580	285	27	.	.	PUNCT
economy-1580	286	1	economy	economy	NOUN
economy-1580	286	2	,	,	PUNCT
economy-1580	286	3	2020	2020	NUM
economy-1580	286	4	,	,	PUNCT
economy-1580	286	5	7(1	7(1	NUM
economy-1580	286	6	):	):	PUNCT
economy-1580	286	7	25	25	NUM
economy-1580	286	8	-	-	SYM
economy-1580	286	9	35	35	NUM
economy-1580	286	10	34	34	NUM
economy-1580	286	11	©	©	PROPN
economy-1580	286	12	2020	2020	NUM
economy-1580	286	13	by	by	ADP
economy-1580	286	14	the	the	DET
economy-1580	286	15	authors	author	NOUN
economy-1580	286	16	;	;	PUNCT
economy-1580	286	17	licensee	licensee	PROPN
economy-1580	286	18	asian	asian	ADJ
economy-1580	286	19	online	online	PROPN
economy-1580	286	20	journal	journal	PROPN
economy-1580	286	21	publishing	publishing	NOUN
economy-1580	286	22	group	group	NOUN
economy-1580	286	23	8.5	8.5	NUM
economy-1580	286	24	.	.	PUNCT
economy-1580	287	1	diagnostic	diagnostic	ADJ
economy-1580	287	2	tests	test	NOUN
economy-1580	287	3	the	the	DET
economy-1580	287	4	last	last	ADJ
economy-1580	287	5	issue	issue	NOUN
economy-1580	287	6	addressed	address	VERB
economy-1580	287	7	in	in	ADP
economy-1580	287	8	the	the	DET
economy-1580	287	9	analysis	analysis	NOUN
economy-1580	287	10	is	be	AUX
economy-1580	287	11	associated	associate	VERB
economy-1580	287	12	with	with	ADP
economy-1580	287	13	the	the	DET
economy-1580	287	14	reliability	reliability	NOUN
economy-1580	287	15	of	of	ADP
economy-1580	287	16	the	the	DET
economy-1580	287	17	ardl	ardl	NOUN
economy-1580	287	18	model	model	NOUN
economy-1580	287	19	.	.	PUNCT
economy-1580	288	1	for	for	ADP
economy-1580	288	2	this	this	DET
economy-1580	288	3	reason	reason	NOUN
economy-1580	288	4	,	,	PUNCT
economy-1580	288	5	diverse	diverse	ADJ
economy-1580	288	6	diagnostic	diagnostic	ADJ
economy-1580	288	7	tests	test	NOUN
economy-1580	288	8	were	be	AUX
economy-1580	288	9	performed	perform	VERB
economy-1580	288	10	.	.	PUNCT
economy-1580	289	1	the	the	DET
economy-1580	289	2	diagnostic	diagnostic	ADJ
economy-1580	289	3	tests	test	NOUN
economy-1580	289	4	were	be	AUX
economy-1580	289	5	serial	serial	ADJ
economy-1580	289	6	correlation	correlation	NOUN
economy-1580	289	7	,	,	PUNCT
economy-1580	289	8	heteroscedasticity	heteroscedasticity	PROPN
economy-1580	289	9	,	,	PUNCT
economy-1580	289	10	ramsey	ramsey	PROPN
economy-1580	289	11	’s	’s	PART
economy-1580	289	12	reset	reset	NOUN
economy-1580	289	13	test	test	NOUN
economy-1580	289	14	as	as	ADV
economy-1580	289	15	well	well	ADV
economy-1580	289	16	as	as	ADP
economy-1580	289	17	jarque	jarque	NOUN
economy-1580	289	18	-	-	PUNCT
economy-1580	289	19	bera	bera	NOUN
economy-1580	289	20	normality	normality	NOUN
economy-1580	289	21	test	test	NOUN
economy-1580	289	22	.	.	PUNCT
economy-1580	290	1	the	the	DET
economy-1580	290	2	results	result	NOUN
economy-1580	290	3	reported	report	VERB
economy-1580	290	4	in	in	ADP
economy-1580	290	5	table	table	NOUN
economy-1580	290	6	5	5	NUM
economy-1580	290	7	indicated	indicate	VERB
economy-1580	290	8	that	that	SCONJ
economy-1580	290	9	the	the	DET
economy-1580	290	10	ardl	ardl	NOUN
economy-1580	290	11	is	be	AUX
economy-1580	290	12	free	free	ADJ
economy-1580	290	13	from	from	ADP
economy-1580	290	14	challenges	challenge	NOUN
economy-1580	290	15	of	of	ADP
economy-1580	290	16	misspecification	misspecification	NOUN
economy-1580	290	17	,	,	PUNCT
economy-1580	290	18	heteroscedasticity	heteroscedasticity	NOUN
economy-1580	290	19	,	,	PUNCT
economy-1580	290	20	higher	high	ADJ
economy-1580	290	21	-	-	PUNCT
economy-1580	290	22	order	order	NOUN
economy-1580	290	23	autocorrelation	autocorrelation	NOUN
economy-1580	290	24	or	or	CCONJ
economy-1580	290	25	normality	normality	NOUN
economy-1580	290	26	in	in	ADP
economy-1580	290	27	the	the	DET
economy-1580	290	28	model	model	NOUN
economy-1580	290	29	.	.	PUNCT
economy-1580	291	1	this	this	PRON
economy-1580	291	2	implied	imply	VERB
economy-1580	291	3	that	that	SCONJ
economy-1580	291	4	the	the	DET
economy-1580	291	5	results	result	NOUN
economy-1580	291	6	from	from	ADP
economy-1580	291	7	the	the	DET
economy-1580	291	8	ardl	ardl	NOUN
economy-1580	291	9	estimation	estimation	NOUN
economy-1580	291	10	were	be	AUX
economy-1580	291	11	robust	robust	ADJ
economy-1580	291	12	and	and	CCONJ
economy-1580	291	13	reliable	reliable	ADJ
economy-1580	291	14	for	for	ADP
economy-1580	291	15	making	make	VERB
economy-1580	291	16	inferences	inference	NOUN
economy-1580	291	17	.	.	PUNCT
economy-1580	292	1	also	also	ADV
economy-1580	292	2	,	,	PUNCT
economy-1580	292	3	the	the	DET
economy-1580	292	4	plot	plot	NOUN
economy-1580	292	5	of	of	ADP
economy-1580	292	6	the	the	DET
economy-1580	292	7	cusum	cusum	NOUN
economy-1580	292	8	and	and	CCONJ
economy-1580	292	9	cusumsq	cusumsq	ADV
economy-1580	292	10	showed	show	VERB
economy-1580	292	11	that	that	SCONJ
economy-1580	292	12	the	the	DET
economy-1580	292	13	model	model	NOUN
economy-1580	292	14	was	be	AUX
economy-1580	292	15	stable	stable	ADJ
economy-1580	292	16	as	as	SCONJ
economy-1580	292	17	the	the	DET
economy-1580	292	18	graphs	graph	NOUN
economy-1580	292	19	lied	lie	VERB
economy-1580	292	20	within	within	ADP
economy-1580	292	21	the	the	DET
economy-1580	292	22	5	5	NUM
economy-1580	292	23	%	%	NOUN
economy-1580	292	24	significance	significance	NOUN
economy-1580	292	25	level	level	NOUN
economy-1580	292	26	boundaries	boundary	NOUN
economy-1580	292	27	see	see	VERB
economy-1580	292	28	figures	figure	NOUN
economy-1580	292	29	3	3	NUM
economy-1580	292	30	&	&	CCONJ
economy-1580	292	31	4	4	NUM
economy-1580	292	32	.	.	PUNCT
economy-1580	293	1	table-5	table-5	PROPN
economy-1580	293	2	.	.	PUNCT
economy-1580	294	1	residual	residual	ADJ
economy-1580	294	2	diagnostic	diagnostic	ADJ
economy-1580	294	3	tests	test	NOUN
economy-1580	294	4	.	.	PUNCT
economy-1580	295	1	test	test	NOUN
economy-1580	295	2	stat	stat	PROPN
economy-1580	295	3	.	.	PUNCT
economy-1580	296	1	(	(	PUNCT
economy-1580	296	2	prob	prob	NOUN
economy-1580	296	3	.	.	PUNCT
economy-1580	296	4	)	)	PUNCT
economy-1580	297	1	conclusion	conclusion	NOUN
economy-1580	297	2	bruesch	bruesch	PROPN
economy-1580	297	3	-	-	PUNCT
economy-1580	297	4	godfrey	godfrey	PROPN
economy-1580	297	5	(	(	PUNCT
economy-1580	297	6	autocorrelation	autocorrelation	NOUN
economy-1580	297	7	)	)	PUNCT
economy-1580	297	8	0.088463	0.088463	NUM
economy-1580	297	9	(	(	PUNCT
economy-1580	297	10	0.9163	0.9163	NUM
economy-1580	297	11	)	)	PUNCT
economy-1580	297	12	no	no	DET
economy-1580	297	13	traces	trace	NOUN
economy-1580	297	14	of	of	ADP
economy-1580	297	15	higher	high	ADJ
economy-1580	297	16	-	-	PUNCT
economy-1580	297	17	order	order	NOUN
economy-1580	297	18	autocorrelation	autocorrelation	NOUN
economy-1580	297	19	bruesch	bruesch	NOUN
economy-1580	297	20	-	-	PUNCT
economy-1580	297	21	pagan	pagan	PROPN
economy-1580	297	22	(	(	PUNCT
economy-1580	297	23	heteroscedasticity	heteroscedasticity	NOUN
economy-1580	297	24	)	)	PUNCT
economy-1580	297	25	0.518096	0.518096	NUM
economy-1580	297	26	(	(	PUNCT
economy-1580	297	27	0.8914	0.8914	NUM
economy-1580	297	28	)	)	PUNCT
economy-1580	297	29	no	no	DET
economy-1580	297	30	evidence	evidence	NOUN
economy-1580	297	31	of	of	ADP
economy-1580	297	32	heteroscedasticity	heteroscedasticity	PROPN
economy-1580	297	33	ramsey	ramsey	PROPN
economy-1580	297	34	reset	reset	PROPN
economy-1580	297	35	(	(	PUNCT
economy-1580	297	36	omitted	omit	VERB
economy-1580	297	37	variables	variable	NOUN
economy-1580	297	38	)	)	PUNCT
economy-1580	297	39	0.695151	0.695151	NUM
economy-1580	297	40	(	(	PUNCT
economy-1580	297	41	0.5066	0.5066	NUM
economy-1580	297	42	)	)	PUNCT
economy-1580	297	43	no	no	DET
economy-1580	297	44	omitted	omit	VERB
economy-1580	297	45	variables	variable	NOUN
economy-1580	297	46	jarque	jarque	NOUN
economy-1580	297	47	-	-	PUNCT
economy-1580	297	48	bera	bera	NOUN
economy-1580	297	49	(	(	PUNCT
economy-1580	297	50	normality	normality	NOUN
economy-1580	297	51	)	)	PUNCT
economy-1580	297	52	1.103582	1.103582	NUM
economy-1580	297	53	(	(	PUNCT
economy-1580	297	54	0.5759	0.5759	NUM
economy-1580	297	55	)	)	PUNCT
economy-1580	297	56	residuals	residual	NOUN
economy-1580	297	57	are	be	AUX
economy-1580	297	58	normally	normally	ADV
economy-1580	297	59	distributed	distribute	VERB
economy-1580	297	60	-10.0	-10.0	NUM
economy-1580	297	61	-7.5	-7.5	NOUN
economy-1580	297	62	-5.0	-5.0	PUNCT
economy-1580	297	63	-2.5	-2.5	ADP
economy-1580	297	64	0.0	0.0	NUM
economy-1580	297	65	2.5	2.5	NUM
economy-1580	297	66	5.0	5.0	NUM
economy-1580	297	67	7.5	7.5	NUM
economy-1580	297	68	10.0	10.0	NUM
economy-1580	297	69	2010	2010	NUM
economy-1580	297	70	2011	2011	NUM
economy-1580	297	71	2012	2012	NUM
economy-1580	297	72	2013	2013	NUM
economy-1580	297	73	2014	2014	NUM
economy-1580	297	74	2015	2015	NUM
economy-1580	297	75	2016	2016	NUM
economy-1580	297	76	2017	2017	NUM
economy-1580	297	77	2018	2018	NUM
economy-1580	297	78	cusum	cusum	VERB
economy-1580	297	79	5	5	NUM
economy-1580	297	80	%	%	NOUN
economy-1580	297	81	significance	significance	NOUN
economy-1580	297	82	figure-3	figure-3	NUM
economy-1580	297	83	.	.	PUNCT
economy-1580	298	1	plot	plot	NOUN
economy-1580	298	2	of	of	ADP
economy-1580	298	3	cusum	cusum	PROPN
economy-1580	298	4	test	test	NOUN
economy-1580	298	5	for	for	ADP
economy-1580	298	6	model	model	NOUN
economy-1580	298	7	stability	stability	NOUN
economy-1580	298	8	at	at	ADP
economy-1580	298	9	5	5	NUM
economy-1580	298	10	%	%	NOUN
economy-1580	298	11	level	level	NOUN
economy-1580	298	12	of	of	ADP
economy-1580	298	13	significance	significance	NOUN
economy-1580	298	14	.	.	PUNCT
economy-1580	299	1	-0.4	-0.4	NOUN
economy-1580	299	2	0.0	0.0	NUM
economy-1580	299	3	0.4	0.4	NUM
economy-1580	299	4	0.8	0.8	NUM
economy-1580	299	5	1.2	1.2	NUM
economy-1580	299	6	1.6	1.6	NUM
economy-1580	299	7	2010	2010	NUM
economy-1580	299	8	2011	2011	NUM
economy-1580	299	9	2012	2012	NUM
economy-1580	299	10	2013	2013	NUM
economy-1580	299	11	2014	2014	NUM
economy-1580	299	12	2015	2015	NUM
economy-1580	299	13	2016	2016	NUM
economy-1580	299	14	2017	2017	NUM
economy-1580	299	15	2018	2018	NUM
economy-1580	299	16	cusum	cusum	NOUN
economy-1580	299	17	of	of	ADP
economy-1580	299	18	squares	square	NOUN
economy-1580	299	19	5	5	NUM
economy-1580	299	20	%	%	NOUN
economy-1580	299	21	significance	significance	NOUN
economy-1580	299	22	figure-4	figure-4	PROPN
economy-1580	299	23	.	.	PUNCT
economy-1580	300	1	plot	plot	NOUN
economy-1580	300	2	of	of	ADP
economy-1580	300	3	cusumsq	cusumsq	ADV
economy-1580	300	4	for	for	ADP
economy-1580	300	5	model	model	NOUN
economy-1580	300	6	stability	stability	NOUN
economy-1580	300	7	at	at	ADP
economy-1580	300	8	5	5	NUM
economy-1580	300	9	%	%	NOUN
economy-1580	300	10	level	level	NOUN
economy-1580	300	11	of	of	ADP
economy-1580	300	12	significance	significance	NOUN
economy-1580	300	13	.	.	PUNCT
economy-1580	301	1	9	9	X
economy-1580	301	2	.	.	X
economy-1580	301	3	conclusion	conclusion	NOUN
economy-1580	301	4	and	and	CCONJ
economy-1580	301	5	policy	policy	NOUN
economy-1580	301	6	implications	implication	NOUN
economy-1580	301	7	the	the	DET
economy-1580	301	8	effect	effect	NOUN
economy-1580	301	9	of	of	ADP
economy-1580	301	10	fiscal	fiscal	ADJ
economy-1580	301	11	and	and	CCONJ
economy-1580	301	12	monetary	monetary	ADJ
economy-1580	301	13	policies	policy	NOUN
economy-1580	301	14	interaction	interaction	NOUN
economy-1580	301	15	on	on	ADP
economy-1580	301	16	stock	stock	NOUN
economy-1580	301	17	market	market	NOUN
economy-1580	301	18	activities	activity	NOUN
economy-1580	301	19	have	have	AUX
economy-1580	301	20	attracted	attract	VERB
economy-1580	301	21	attention	attention	NOUN
economy-1580	301	22	in	in	ADP
economy-1580	301	23	existing	exist	VERB
economy-1580	301	24	literature	literature	NOUN
economy-1580	301	25	.	.	PUNCT
economy-1580	302	1	nevertheless	nevertheless	ADV
economy-1580	302	2	,	,	PUNCT
economy-1580	302	3	there	there	PRON
economy-1580	302	4	is	be	VERB
economy-1580	302	5	dearth	dearth	NOUN
economy-1580	302	6	of	of	ADP
economy-1580	302	7	knowledge	knowledge	NOUN
economy-1580	302	8	as	as	ADP
economy-1580	302	9	to	to	ADP
economy-1580	302	10	how	how	SCONJ
economy-1580	302	11	interaction	interaction	NOUN
economy-1580	302	12	of	of	ADP
economy-1580	302	13	such	such	ADJ
economy-1580	302	14	macroeconomic	macroeconomic	ADJ
economy-1580	302	15	policies	policy	NOUN
economy-1580	302	16	affects	affect	VERB
economy-1580	302	17	stock	stock	NOUN
economy-1580	302	18	market	market	NOUN
economy-1580	302	19	liquidity	liquidity	NOUN
economy-1580	302	20	in	in	ADP
economy-1580	302	21	nigeria	nigeria	PROPN
economy-1580	302	22	.	.	PUNCT
economy-1580	303	1	consequently	consequently	ADV
economy-1580	303	2	,	,	PUNCT
economy-1580	303	3	this	this	DET
economy-1580	303	4	paper	paper	NOUN
economy-1580	303	5	extended	extend	VERB
economy-1580	303	6	the	the	DET
economy-1580	303	7	frontiers	frontier	NOUN
economy-1580	303	8	of	of	ADP
economy-1580	303	9	knowledge	knowledge	NOUN
economy-1580	303	10	in	in	ADP
economy-1580	303	11	this	this	DET
economy-1580	303	12	perspective	perspective	NOUN
economy-1580	303	13	by	by	ADP
economy-1580	303	14	investigating	investigate	VERB
economy-1580	303	15	how	how	SCONJ
economy-1580	303	16	interactions	interaction	NOUN
economy-1580	303	17	between	between	ADP
economy-1580	303	18	fiscal	fiscal	ADJ
economy-1580	303	19	and	and	CCONJ
economy-1580	303	20	monetary	monetary	ADJ
economy-1580	303	21	policies	policy	NOUN
economy-1580	303	22	affect	affect	VERB
economy-1580	303	23	stock	stock	NOUN
economy-1580	303	24	market	market	NOUN
economy-1580	303	25	liquidity	liquidity	NOUN
economy-1580	303	26	in	in	ADP
economy-1580	303	27	nigeria	nigeria	PROPN
economy-1580	303	28	.	.	PUNCT
economy-1580	304	1	this	this	DET
economy-1580	304	2	objective	objective	NOUN
economy-1580	304	3	was	be	AUX
economy-1580	304	4	achieved	achieve	VERB
economy-1580	304	5	by	by	ADP
economy-1580	304	6	using	use	VERB
economy-1580	304	7	the	the	DET
economy-1580	304	8	ardl	ardl	NOUN
economy-1580	304	9	-	-	PUNCT
economy-1580	304	10	bounds	bound	NOUN
economy-1580	304	11	testing	testing	NOUN
economy-1580	304	12	approach	approach	NOUN
economy-1580	304	13	for	for	ADP
economy-1580	304	14	the	the	DET
economy-1580	304	15	analysis	analysis	NOUN
economy-1580	304	16	of	of	ADP
economy-1580	304	17	annual	annual	ADJ
economy-1580	304	18	time	time	NOUN
economy-1580	304	19	series	series	PROPN
economy-1580	304	20	data	datum	NOUN
economy-1580	304	21	from	from	ADP
economy-1580	304	22	1986	1986	NUM
economy-1580	304	23	-	-	SYM
economy-1580	304	24	2018	2018	NUM
economy-1580	304	25	.	.	PUNCT
economy-1580	305	1	the	the	DET
economy-1580	305	2	empirical	empirical	ADJ
economy-1580	305	3	analysis	analysis	NOUN
economy-1580	305	4	was	be	AUX
economy-1580	305	5	hinged	hinge	VERB
economy-1580	305	6	on	on	ADP
economy-1580	305	7	the	the	DET
economy-1580	305	8	richardian	richardian	ADJ
economy-1580	305	9	neutrality	neutrality	NOUN
economy-1580	305	10	hypothesis	hypothesis	NOUN
economy-1580	305	11	that	that	SCONJ
economy-1580	305	12	fiscal	fiscal	ADJ
economy-1580	305	13	policy	policy	NOUN
economy-1580	305	14	has	have	VERB
economy-1580	305	15	no	no	DET
economy-1580	305	16	individual	individual	ADJ
economy-1580	305	17	ability	ability	NOUN
economy-1580	305	18	to	to	PART
economy-1580	305	19	influence	influence	VERB
economy-1580	305	20	stock	stock	NOUN
economy-1580	305	21	market	market	NOUN
economy-1580	305	22	behaviour	behaviour	NOUN
economy-1580	305	23	of	of	ADP
economy-1580	305	24	stock	stock	NOUN
economy-1580	305	25	markets	market	NOUN
economy-1580	305	26	without	without	ADP
economy-1580	305	27	the	the	DET
economy-1580	305	28	complementary	complementary	ADJ
economy-1580	305	29	role	role	NOUN
economy-1580	305	30	of	of	ADP
economy-1580	305	31	monetary	monetary	ADJ
economy-1580	305	32	policy	policy	NOUN
economy-1580	305	33	.	.	PUNCT
economy-1580	306	1	based	base	VERB
economy-1580	306	2	on	on	ADP
economy-1580	306	3	the	the	DET
economy-1580	306	4	bounds	bound	NOUN
economy-1580	306	5	testing	test	VERB
economy-1580	306	6	,	,	PUNCT
economy-1580	306	7	there	there	PRON
economy-1580	306	8	was	be	VERB
economy-1580	306	9	evidence	evidence	NOUN
economy-1580	306	10	that	that	SCONJ
economy-1580	306	11	both	both	DET
economy-1580	306	12	macroeconomic	macroeconomic	ADJ
economy-1580	306	13	policies	policy	NOUN
economy-1580	306	14	(	(	PUNCT
economy-1580	306	15	fiscal	fiscal	ADJ
economy-1580	306	16	and	and	CCONJ
economy-1580	306	17	monetary	monetary	ADJ
economy-1580	306	18	policies	policy	NOUN
economy-1580	306	19	)	)	PUNCT
economy-1580	306	20	interacted	interact	VERB
economy-1580	306	21	in	in	ADP
economy-1580	306	22	the	the	DET
economy-1580	306	23	long	long	ADV
economy-1580	306	24	-	-	PUNCT
economy-1580	306	25	run	run	NOUN
economy-1580	306	26	and	and	CCONJ
economy-1580	306	27	that	that	SCONJ
economy-1580	306	28	this	this	DET
economy-1580	306	29	interaction	interaction	NOUN
economy-1580	306	30	significantly	significantly	ADV
economy-1580	306	31	affected	affect	VERB
economy-1580	306	32	stock	stock	NOUN
economy-1580	306	33	market	market	NOUN
economy-1580	306	34	liquidity	liquidity	NOUN
economy-1580	306	35	(	(	PUNCT
economy-1580	306	36	measured	measure	VERB
economy-1580	306	37	by	by	ADP
economy-1580	306	38	turnover	turnover	NOUN
economy-1580	306	39	ratio	ratio	NOUN
economy-1580	306	40	)	)	PUNCT
economy-1580	306	41	in	in	ADP
economy-1580	306	42	nigeria	nigeria	PROPN
economy-1580	306	43	.	.	PUNCT
economy-1580	307	1	in	in	ADP
economy-1580	307	2	addition	addition	NOUN
economy-1580	307	3	,	,	PUNCT
economy-1580	307	4	the	the	DET
economy-1580	307	5	long	long	ADV
economy-1580	307	6	-	-	PUNCT
economy-1580	307	7	run	run	NOUN
economy-1580	307	8	estimation	estimation	NOUN
economy-1580	307	9	showed	show	VERB
economy-1580	307	10	that	that	SCONJ
economy-1580	307	11	government	government	NOUN
economy-1580	307	12	debt	debt	NOUN
economy-1580	307	13	which	which	PRON
economy-1580	307	14	was	be	AUX
economy-1580	307	15	aimed	aim	VERB
economy-1580	307	16	at	at	ADP
economy-1580	307	17	cushioning	cushion	VERB
economy-1580	307	18	fiscal	fiscal	ADJ
economy-1580	307	19	deficit	deficit	NOUN
economy-1580	307	20	,	,	PUNCT
economy-1580	307	21	monetary	monetary	ADJ
economy-1580	307	22	policy	policy	NOUN
economy-1580	307	23	rate	rate	NOUN
economy-1580	307	24	and	and	CCONJ
economy-1580	307	25	cash	cash	NOUN
economy-1580	307	26	reserve	reserve	NOUN
economy-1580	307	27	ratio	ratio	NOUN
economy-1580	307	28	strongly	strongly	ADV
economy-1580	307	29	predicted	predict	VERB
economy-1580	307	30	stock	stock	NOUN
economy-1580	307	31	market	market	NOUN
economy-1580	307	32	turnover	turnover	NOUN
economy-1580	307	33	ratio	ratio	NOUN
economy-1580	307	34	in	in	ADP
economy-1580	307	35	the	the	DET
economy-1580	307	36	long	long	ADV
economy-1580	307	37	-	-	PUNCT
economy-1580	307	38	run	run	NOUN
economy-1580	307	39	.	.	PUNCT
economy-1580	308	1	the	the	DET
economy-1580	308	2	short	short	ADJ
economy-1580	308	3	-	-	PUNCT
economy-1580	308	4	run	run	NOUN
economy-1580	308	5	dynamics	dynamic	NOUN
economy-1580	308	6	indicated	indicate	VERB
economy-1580	308	7	that	that	SCONJ
economy-1580	308	8	all	all	DET
economy-1580	308	9	the	the	DET
economy-1580	308	10	independent	independent	ADJ
economy-1580	308	11	variables	variable	NOUN
economy-1580	308	12	(	(	PUNCT
economy-1580	308	13	components	component	NOUN
economy-1580	308	14	of	of	ADP
economy-1580	308	15	fiscal	fiscal	ADJ
economy-1580	308	16	and	and	CCONJ
economy-1580	308	17	monetary	monetary	ADJ
economy-1580	308	18	policies	policy	NOUN
economy-1580	308	19	)	)	PUNCT
economy-1580	308	20	had	have	VERB
economy-1580	308	21	significant	significant	ADJ
economy-1580	308	22	effect	effect	NOUN
economy-1580	308	23	on	on	ADP
economy-1580	308	24	stock	stock	NOUN
economy-1580	308	25	market	market	NOUN
economy-1580	308	26	liquidity	liquidity	NOUN
economy-1580	308	27	in	in	ADP
economy-1580	308	28	nigeria	nigeria	PROPN
economy-1580	308	29	.	.	PUNCT
economy-1580	309	1	based	base	VERB
economy-1580	309	2	on	on	ADP
economy-1580	309	3	these	these	DET
economy-1580	309	4	findings	finding	NOUN
economy-1580	309	5	,	,	PUNCT
economy-1580	309	6	the	the	DET
economy-1580	309	7	paper	paper	NOUN
economy-1580	309	8	concludes	conclude	VERB
economy-1580	309	9	that	that	SCONJ
economy-1580	309	10	policies	policy	NOUN
economy-1580	309	11	that	that	PRON
economy-1580	309	12	will	will	AUX
economy-1580	309	13	foster	foster	VERB
economy-1580	309	14	sustainable	sustainable	ADJ
economy-1580	309	15	and	and	CCONJ
economy-1580	309	16	effective	effective	ADJ
economy-1580	309	17	macroeconomic	macroeconomic	ADJ
economy-1580	309	18	policies	policy	NOUN
economy-1580	309	19	towards	towards	ADP
economy-1580	309	20	improving	improve	VERB
economy-1580	309	21	stock	stock	NOUN
economy-1580	309	22	market	market	NOUN
economy-1580	309	23	liquidity	liquidity	NOUN
economy-1580	309	24	(	(	PUNCT
economy-1580	309	25	as	as	SCONJ
economy-1580	309	26	proxied	proxie	VERB
economy-1580	309	27	by	by	ADP
economy-1580	309	28	turnover	turnover	NOUN
economy-1580	309	29	ratio	ratio	NOUN
economy-1580	309	30	)	)	PUNCT
economy-1580	309	31	be	be	AUX
economy-1580	309	32	strictly	strictly	ADV
economy-1580	309	33	implemented	implement	VERB
economy-1580	309	34	.	.	PUNCT
economy-1580	310	1	this	this	PRON
economy-1580	310	2	implies	imply	VERB
economy-1580	310	3	that	that	DET
economy-1580	310	4	economy	economy	NOUN
economy-1580	310	5	,	,	PUNCT
economy-1580	310	6	2020	2020	NUM
economy-1580	310	7	,	,	PUNCT
economy-1580	310	8	7(1	7(1	NUM
economy-1580	310	9	):	):	PUNCT
economy-1580	310	10	25	25	NUM
economy-1580	310	11	-	-	SYM
economy-1580	310	12	35	35	NUM
economy-1580	310	13	35	35	NUM
economy-1580	310	14	©	©	PROPN
economy-1580	310	15	2020	2020	NUM
economy-1580	310	16	by	by	ADP
economy-1580	310	17	the	the	DET
economy-1580	310	18	authors	author	NOUN
economy-1580	310	19	;	;	PUNCT
economy-1580	310	20	licensee	licensee	PROPN
economy-1580	310	21	asian	asian	ADJ
economy-1580	310	22	online	online	PROPN
economy-1580	310	23	journal	journal	PROPN
economy-1580	310	24	publishing	publishing	NOUN
economy-1580	310	25	group	group	NOUN
economy-1580	310	26	macroeconomic	macroeconomic	ADJ
economy-1580	310	27	policies	policy	NOUN
economy-1580	310	28	in	in	ADP
economy-1580	310	29	nigeria	nigeria	PROPN
economy-1580	310	30	should	should	AUX
economy-1580	310	31	be	be	AUX
economy-1580	310	32	well	well	ADV
economy-1580	310	33	-	-	PUNCT
economy-1580	310	34	coordinated	coordinate	VERB
economy-1580	310	35	by	by	ADP
economy-1580	310	36	disciplined	discipline	VERB
economy-1580	310	37	fiscal	fiscal	ADJ
economy-1580	310	38	and	and	CCONJ
economy-1580	310	39	complementary	complementary	ADJ
economy-1580	310	40	monetary	monetary	ADJ
economy-1580	310	41	stance	stance	NOUN
economy-1580	310	42	.	.	PUNCT
economy-1580	311	1	references	reference	NOUN
economy-1580	311	2	abdul	abdul	PROPN
economy-1580	311	3	-	-	PUNCT
economy-1580	311	4	khaliq	khaliq	PROPN
economy-1580	311	5	,	,	PUNCT
economy-1580	311	6	s.	s.	PROPN
economy-1580	311	7	(	(	PUNCT
economy-1580	311	8	2013	2013	NUM
economy-1580	311	9	)	)	PUNCT
economy-1580	311	10	.	.	PUNCT
economy-1580	312	1	the	the	DET
economy-1580	312	2	impact	impact	NOUN
economy-1580	312	3	of	of	ADP
economy-1580	312	4	stock	stock	NOUN
economy-1580	312	5	market	market	NOUN
economy-1580	312	6	liquidity	liquidity	NOUN
economy-1580	312	7	on	on	ADP
economy-1580	312	8	economic	economic	ADJ
economy-1580	312	9	growth	growth	NOUN
economy-1580	312	10	in	in	ADP
economy-1580	312	11	jordan	jordan	PROPN
economy-1580	312	12	.	.	PUNCT
economy-1580	313	1	european	european	PROPN
economy-1580	313	2	journal	journal	PROPN
economy-1580	313	3	of	of	ADP
economy-1580	313	4	business	business	NOUN
economy-1580	313	5	and	and	CCONJ
economy-1580	313	6	management	management	NOUN
economy-1580	313	7	,	,	PUNCT
economy-1580	313	8	5(30	5(30	NUM
economy-1580	313	9	)	)	PUNCT
economy-1580	313	10	,	,	PUNCT
economy-1580	313	11	154	154	NUM
economy-1580	313	12	-	-	SYM
economy-1580	313	13	158	158	NUM
economy-1580	313	14	.	.	PUNCT
economy-1580	314	1	afonso	afonso	PROPN
economy-1580	314	2	,	,	PUNCT
economy-1580	314	3	a.	a.	PROPN
economy-1580	314	4	,	,	PUNCT
economy-1580	314	5	alves	alves	PROPN
economy-1580	314	6	,	,	PUNCT
economy-1580	314	7	j.	j.	PROPN
economy-1580	314	8	,	,	PUNCT
economy-1580	314	9	&	&	CCONJ
economy-1580	314	10	balhote	balhote	PROPN
economy-1580	314	11	,	,	PUNCT
economy-1580	314	12	r.	r.	PROPN
economy-1580	314	13	(	(	PUNCT
economy-1580	314	14	2019	2019	NUM
economy-1580	314	15	)	)	PUNCT
economy-1580	314	16	.	.	PUNCT
economy-1580	315	1	interactions	interaction	NOUN
economy-1580	315	2	between	between	ADP
economy-1580	315	3	monetary	monetary	ADJ
economy-1580	315	4	and	and	CCONJ
economy-1580	315	5	fiscal	fiscal	ADJ
economy-1580	315	6	policies	policy	NOUN
economy-1580	315	7	.	.	PUNCT
economy-1580	316	1	journal	journal	NOUN
economy-1580	316	2	of	of	ADP
economy-1580	316	3	applied	apply	VERB
economy-1580	316	4	economics	economic	NOUN
economy-1580	316	5	,	,	PUNCT
economy-1580	316	6	22(1	22(1	NUM
economy-1580	316	7	)	)	PUNCT
economy-1580	316	8	,	,	PUNCT
economy-1580	316	9	132151.available	132151.available	ADP
economy-1580	316	10	at	at	ADP
economy-1580	316	11	:	:	PUNCT
economy-1580	316	12	10.1080/15140326.2019.1583309	10.1080/15140326.2019.1583309	NUM
economy-1580	316	13	.	.	PUNCT
economy-1580	317	1	agnello	agnello	PROPN
economy-1580	317	2	,	,	PUNCT
economy-1580	317	3	l.	l.	PROPN
economy-1580	317	4	,	,	PUNCT
economy-1580	317	5	&	&	CCONJ
economy-1580	317	6	sousa	sousa	PROPN
economy-1580	317	7	,	,	PUNCT
economy-1580	317	8	r.	r.	PROPN
economy-1580	317	9	(	(	PUNCT
economy-1580	317	10	2010	2010	NUM
economy-1580	317	11	)	)	PUNCT
economy-1580	317	12	.	.	PUNCT
economy-1580	318	1	fiscal	fiscal	ADJ
economy-1580	318	2	policy	policy	NOUN
economy-1580	318	3	and	and	CCONJ
economy-1580	318	4	asset	asset	NOUN
economy-1580	318	5	prices	price	NOUN
economy-1580	318	6	.	.	PUNCT
economy-1580	319	1	nipe	nipe	NOUN
economy-1580	319	2	-	-	PUNCT
economy-1580	319	3	universidade	universidade	PROPN
economy-1580	319	4	do	do	PROPN
economy-1580	319	5	minho	minho	PROPN
economy-1580	319	6	,	,	PUNCT
economy-1580	319	7	working	work	VERB
economy-1580	319	8	paper	paper	NOUN
economy-1580	319	9	series	series	NOUN
economy-1580	319	10	,	,	PUNCT
economy-1580	319	11	25/2010	25/2010	NUM
economy-1580	319	12	.	.	PUNCT
economy-1580	320	1	alade	alade	PROPN
economy-1580	320	2	,	,	PUNCT
economy-1580	320	3	s.	s.	PROPN
economy-1580	320	4	(	(	PUNCT
economy-1580	320	5	2017	2017	NUM
economy-1580	320	6	)	)	PUNCT
economy-1580	320	7	.	.	PUNCT
economy-1580	321	1	monetary	monetary	ADJ
economy-1580	321	2	policy	policy	NOUN
economy-1580	321	3	at	at	ADP
economy-1580	321	4	a	a	DET
economy-1580	321	5	glance	glance	NOUN
economy-1580	321	6	.	.	PUNCT
economy-1580	322	1	monetary	monetary	ADJ
economy-1580	322	2	policy	policy	NOUN
economy-1580	322	3	department	department	NOUN
economy-1580	322	4	,	,	PUNCT
economy-1580	322	5	central	central	ADJ
economy-1580	322	6	bank	bank	PROPN
economy-1580	322	7	of	of	ADP
economy-1580	322	8	nigeria	nigeria	PROPN
economy-1580	322	9	,	,	PUNCT
economy-1580	322	10	1	1	NUM
economy-1580	322	11	-	-	SYM
economy-1580	322	12	267	267	NUM
economy-1580	322	13	.	.	PUNCT
economy-1580	322	14	retrieved	retrieve	VERB
economy-1580	322	15	from	from	ADP
economy-1580	322	16	:	:	PUNCT
economy-1580	322	17	https://www.cbn.gov.ng/out/2017/ccd/monetary%20policy%20at%20a%20glance.pdf	https://www.cbn.gov.ng/out/2017/ccd/monetary%20policy%20at%20a%20glance.pdf	PROPN
economy-1580	322	18	.	.	PUNCT
economy-1580	323	1	andersen	andersen	PROPN
economy-1580	323	2	,	,	PUNCT
economy-1580	323	3	c.	c.	PROPN
economy-1580	323	4	,	,	PUNCT
economy-1580	323	5	&	&	CCONJ
economy-1580	323	6	jordan	jordan	PROPN
economy-1580	323	7	,	,	PUNCT
economy-1580	323	8	j.	j.	PROPN
economy-1580	323	9	(	(	PUNCT
economy-1580	323	10	1968	1968	NUM
economy-1580	323	11	)	)	PUNCT
economy-1580	323	12	.	.	PUNCT
economy-1580	324	1	monetary	monetary	ADJ
economy-1580	324	2	and	and	CCONJ
economy-1580	324	3	fiscal	fiscal	ADJ
economy-1580	324	4	actions	action	NOUN
economy-1580	324	5	:	:	PUNCT
economy-1580	324	6	a	a	DET
economy-1580	324	7	test	test	NOUN
economy-1580	324	8	of	of	ADP
economy-1580	324	9	their	their	PRON
economy-1580	324	10	relative	relative	ADJ
economy-1580	324	11	importance	importance	NOUN
economy-1580	324	12	in	in	ADP
economy-1580	324	13	economic	economic	ADJ
economy-1580	324	14	stabilization	stabilization	NOUN
economy-1580	324	15	.	.	PUNCT
economy-1580	325	1	federal	federal	PROPN
economy-1580	325	2	reserve	reserve	PROPN
economy-1580	325	3	bank	bank	PROPN
economy-1580	325	4	of	of	ADP
economy-1580	325	5	st	st	PROPN
economy-1580	325	6	louis	louis	PROPN
economy-1580	325	7	review	review	PROPN
economy-1580	325	8	.	.	PUNCT
economy-1580	326	1	ardagna	ardagna	PROPN
economy-1580	326	2	,	,	PUNCT
economy-1580	326	3	s.	s.	PROPN
economy-1580	326	4	(	(	PUNCT
economy-1580	326	5	2009	2009	NUM
economy-1580	326	6	)	)	PUNCT
economy-1580	326	7	.	.	PUNCT
economy-1580	327	1	financial	financial	ADJ
economy-1580	327	2	markets	market	NOUN
economy-1580	327	3	’	'	PUNCT
economy-1580	327	4	behavior	behavior	NOUN
economy-1580	327	5	around	around	ADP
economy-1580	327	6	episodes	episode	NOUN
economy-1580	327	7	of	of	ADP
economy-1580	327	8	large	large	ADJ
economy-1580	327	9	changes	change	NOUN
economy-1580	327	10	in	in	ADP
economy-1580	327	11	the	the	DET
economy-1580	327	12	fiscal	fiscal	ADJ
economy-1580	327	13	stance	stance	NOUN
economy-1580	327	14	.	.	PUNCT
economy-1580	328	1	european	european	ADJ
economy-1580	328	2	economic	economic	PROPN
economy-1580	328	3	review	review	PROPN
economy-1580	328	4	,	,	PUNCT
economy-1580	328	5	53(1	53(1	NOUN
economy-1580	328	6	)	)	PUNCT
economy-1580	328	7	,	,	PUNCT
economy-1580	328	8	3755.available	3755.available	ADJ
economy-1580	328	9	at	at	ADP
economy-1580	328	10	:	:	PUNCT
economy-1580	328	11	https://doi.org/10.1016/j.euroecorev.2008.07.003	https://doi.org/10.1016/j.euroecorev.2008.07.003	PROPN
economy-1580	328	12	.	.	PUNCT
economy-1580	329	1	bernanke	bernanke	PROPN
economy-1580	329	2	,	,	PUNCT
economy-1580	329	3	b.	b.	PROPN
economy-1580	329	4	,	,	PUNCT
economy-1580	329	5	&	&	CCONJ
economy-1580	329	6	kutner	kutner	PROPN
economy-1580	329	7	,	,	PUNCT
economy-1580	329	8	n.	n.	PROPN
economy-1580	329	9	(	(	PUNCT
economy-1580	329	10	2005	2005	NUM
economy-1580	329	11	)	)	PUNCT
economy-1580	329	12	.	.	PUNCT
economy-1580	330	1	what	what	PRON
economy-1580	330	2	explains	explain	VERB
economy-1580	330	3	the	the	DET
economy-1580	330	4	stock	stock	NOUN
economy-1580	330	5	market	market	NOUN
economy-1580	330	6	's	's	PART
economy-1580	330	7	reaction	reaction	NOUN
economy-1580	330	8	to	to	ADP
economy-1580	330	9	federal	federal	PROPN
economy-1580	330	10	reserve	reserve	NOUN
economy-1580	330	11	policy	policy	NOUN
economy-1580	330	12	?	?	PUNCT
economy-1580	331	1	the	the	DET
economy-1580	331	2	journal	journal	PROPN
economy-1580	331	3	of	of	ADP
economy-1580	331	4	finance	finance	NOUN
economy-1580	331	5	,	,	PUNCT
economy-1580	331	6	60(3	60(3	NOUN
economy-1580	331	7	)	)	PUNCT
economy-1580	331	8	,	,	PUNCT
economy-1580	331	9	1221	1221	NUM
economy-1580	331	10	–	–	PUNCT
economy-1580	331	11	1257	1257	NUM
economy-1580	331	12	.	.	PUNCT
economy-1580	332	1	bhattacharya	bhattacharya	PROPN
economy-1580	332	2	,	,	PUNCT
economy-1580	332	3	s.	s.	PROPN
economy-1580	332	4	,	,	PUNCT
economy-1580	332	5	bhattacharya	bhattacharya	PROPN
economy-1580	332	6	,	,	PUNCT
economy-1580	332	7	m.	m.	NOUN
economy-1580	332	8	,	,	PUNCT
economy-1580	332	9	&	&	CCONJ
economy-1580	332	10	basu	basu	PROPN
economy-1580	332	11	,	,	PUNCT
economy-1580	332	12	s.	s.	PROPN
economy-1580	332	13	(	(	PUNCT
economy-1580	332	14	2019	2019	NUM
economy-1580	332	15	)	)	PUNCT
economy-1580	332	16	.	.	PUNCT
economy-1580	333	1	stock	stock	NOUN
economy-1580	333	2	market	market	NOUN
economy-1580	333	3	and	and	CCONJ
economy-1580	333	4	its	its	PRON
economy-1580	333	5	liquidity	liquidity	NOUN
economy-1580	333	6	:	:	PUNCT
economy-1580	333	7	evidence	evidence	NOUN
economy-1580	333	8	from	from	ADP
economy-1580	333	9	ardl	ardl	NOUN
economy-1580	333	10	bound	bind	VERB
economy-1580	333	11	testing	testing	NOUN
economy-1580	333	12	approach	approach	NOUN
economy-1580	333	13	in	in	ADP
economy-1580	333	14	the	the	DET
economy-1580	333	15	indian	indian	ADJ
economy-1580	333	16	context	context	NOUN
economy-1580	333	17	.	.	PUNCT
economy-1580	334	1	cogent	cogent	NOUN
economy-1580	334	2	economics	economics	PROPN
economy-1580	334	3	&	&	CCONJ
economy-1580	334	4	finance	finance	PROPN
economy-1580	334	5	,	,	PUNCT
economy-1580	334	6	7(1	7(1	NUM
economy-1580	334	7	)	)	PUNCT
economy-1580	334	8	,	,	PUNCT
economy-1580	334	9	1-12.available	1-12.available	NUM
economy-1580	334	10	at	at	ADP
economy-1580	334	11	:	:	PUNCT
economy-1580	334	12	https://doi.org/10.1080/23322039.2019.1586297	https://doi.org/10.1080/23322039.2019.1586297	ADJ
economy-1580	334	13	.	.	NOUN
economy-1580	334	14	chatziantoniou	chatziantoniou	NOUN
economy-1580	334	15	,	,	PUNCT
economy-1580	334	16	i.	i.	PROPN
economy-1580	334	17	,	,	PUNCT
economy-1580	334	18	duffy	duffy	PROPN
economy-1580	334	19	,	,	PUNCT
economy-1580	334	20	d.	d.	PROPN
economy-1580	334	21	,	,	PUNCT
economy-1580	334	22	&	&	CCONJ
economy-1580	334	23	filis	filis	PROPN
economy-1580	334	24	,	,	PUNCT
economy-1580	334	25	g.	g.	PROPN
economy-1580	334	26	(	(	PUNCT
economy-1580	334	27	2013	2013	NUM
economy-1580	334	28	)	)	PUNCT
economy-1580	334	29	.	.	PUNCT
economy-1580	335	1	stock	stock	NOUN
economy-1580	335	2	market	market	NOUN
economy-1580	335	3	response	response	NOUN
economy-1580	335	4	to	to	ADP
economy-1580	335	5	monetary	monetary	ADJ
economy-1580	335	6	and	and	CCONJ
economy-1580	335	7	fiscal	fiscal	ADJ
economy-1580	335	8	policy	policy	NOUN
economy-1580	335	9	shocks	shock	NOUN
economy-1580	335	10	:	:	PUNCT
economy-1580	335	11	multi	multi	ADJ
economy-1580	335	12	-	-	ADJ
economy-1580	335	13	country	country	ADJ
economy-1580	335	14	evidence	evidence	NOUN
economy-1580	335	15	.	.	PUNCT
economy-1580	336	1	economic	economic	ADJ
economy-1580	336	2	modelling	modelling	NOUN
economy-1580	336	3	,	,	PUNCT
economy-1580	336	4	30	30	NUM
economy-1580	336	5	,	,	PUNCT
economy-1580	336	6	754-769.available	754-769.available	NUM
economy-1580	336	7	at	at	ADP
economy-1580	336	8	:	:	PUNCT
economy-1580	336	9	https://doi.org/10.1016/j.econmod.2012.10.005	https://doi.org/10.1016/j.econmod.2012.10.005	PROPN
economy-1580	336	10	.	.	PUNCT
economy-1580	337	1	chibi	chibi	PROPN
economy-1580	337	2	,	,	PUNCT
economy-1580	337	3	a.	a.	NOUN
economy-1580	337	4	,	,	PUNCT
economy-1580	337	5	benbouziane	benbouziane	NOUN
economy-1580	337	6	,	,	PUNCT
economy-1580	337	7	m.	m.	NOUN
economy-1580	337	8	,	,	PUNCT
economy-1580	337	9	&	&	CCONJ
economy-1580	337	10	chekouri	chekouri	PROPN
economy-1580	337	11	,	,	PUNCT
economy-1580	337	12	s.	s.	PROPN
economy-1580	337	13	(	(	PUNCT
economy-1580	337	14	2019	2019	NUM
economy-1580	337	15	)	)	PUNCT
economy-1580	337	16	.	.	PUNCT
economy-1580	338	1	interaction	interaction	NOUN
economy-1580	338	2	between	between	ADP
economy-1580	338	3	monetary	monetary	ADJ
economy-1580	338	4	and	and	CCONJ
economy-1580	338	5	fiscal	fiscal	ADJ
economy-1580	338	6	policy	policy	NOUN
economy-1580	338	7	:	:	PUNCT
economy-1580	338	8	empirical	empirical	ADJ
economy-1580	338	9	evidence	evidence	NOUN
economy-1580	338	10	from	from	ADP
economy-1580	338	11	algeria	algeria	PROPN
economy-1580	338	12	.	.	PUNCT
economy-1580	339	1	paper	paper	PROPN
economy-1580	339	2	presented	present	VERB
economy-1580	339	3	at	at	ADP
economy-1580	339	4	the	the	DET
economy-1580	339	5	economic	economic	ADJ
economy-1580	339	6	research	research	PROPN
economy-1580	339	7	forum	forum	PROPN
economy-1580	339	8	25th	25th	NOUN
economy-1580	339	9	annual	annual	ADJ
economy-1580	339	10	conference	conference	NOUN
economy-1580	339	11	.	.	PUNCT
economy-1580	340	1	kuwait	kuwait	PROPN
economy-1580	340	2	,	,	PUNCT
economy-1580	340	3	march	march	PROPN
economy-1580	340	4	,	,	PUNCT
economy-1580	340	5	10th	10th	ADJ
economy-1580	340	6	-12th	-12th	PROPN
economy-1580	340	7	.	.	PUNCT
economy-1580	340	8	darrat	darrat	PROPN
economy-1580	340	9	,	,	PUNCT
economy-1580	340	10	a.	a.	PROPN
economy-1580	340	11	(	(	PUNCT
economy-1580	340	12	1986	1986	NUM
economy-1580	340	13	)	)	PUNCT
economy-1580	340	14	.	.	PUNCT
economy-1580	341	1	money	money	NOUN
economy-1580	341	2	,	,	PUNCT
economy-1580	341	3	inflation	inflation	NOUN
economy-1580	341	4	,	,	PUNCT
economy-1580	341	5	and	and	CCONJ
economy-1580	341	6	causality	causality	NOUN
economy-1580	341	7	in	in	ADP
economy-1580	341	8	the	the	DET
economy-1580	341	9	north	north	ADJ
economy-1580	341	10	african	african	ADJ
economy-1580	341	11	countries	country	NOUN
economy-1580	341	12	:	:	PUNCT
economy-1580	341	13	an	an	DET
economy-1580	341	14	empirical	empirical	ADJ
economy-1580	341	15	investigation	investigation	NOUN
economy-1580	341	16	.	.	PUNCT
economy-1580	342	1	journal	journal	NOUN
economy-1580	342	2	of	of	ADP
economy-1580	342	3	macroeconomics	macroeconomic	NOUN
economy-1580	342	4	,	,	PUNCT
economy-1580	342	5	8(1	8(1	NOUN
economy-1580	342	6	)	)	PUNCT
economy-1580	342	7	,	,	PUNCT
economy-1580	342	8	87	87	NUM
economy-1580	342	9	-	-	SYM
economy-1580	342	10	103	103	NUM
economy-1580	342	11	.	.	PUNCT
economy-1580	343	1	dickey	dickey	PROPN
economy-1580	343	2	,	,	PUNCT
economy-1580	343	3	d.	d.	PROPN
economy-1580	343	4	a.	a.	PROPN
economy-1580	343	5	,	,	PUNCT
economy-1580	343	6	&	&	CCONJ
economy-1580	343	7	fuller	full	ADJ
economy-1580	343	8	,	,	PUNCT
economy-1580	343	9	w.	w.	PROPN
economy-1580	343	10	a.	a.	PROPN
economy-1580	343	11	(	(	PUNCT
economy-1580	343	12	1979	1979	NUM
economy-1580	343	13	)	)	PUNCT
economy-1580	343	14	.	.	PUNCT
economy-1580	344	1	distribution	distribution	NOUN
economy-1580	344	2	of	of	ADP
economy-1580	344	3	the	the	DET
economy-1580	344	4	estimators	estimator	NOUN
economy-1580	344	5	for	for	ADP
economy-1580	344	6	autoregressive	autoregressive	ADJ
economy-1580	344	7	time	time	NOUN
economy-1580	344	8	series	series	NOUN
economy-1580	344	9	with	with	ADP
economy-1580	344	10	a	a	DET
economy-1580	344	11	unit	unit	NOUN
economy-1580	344	12	root	root	NOUN
economy-1580	344	13	.	.	PUNCT
economy-1580	345	1	journal	journal	NOUN
economy-1580	345	2	of	of	ADP
economy-1580	345	3	the	the	DET
economy-1580	345	4	american	american	PROPN
economy-1580	345	5	statistical	statistical	PROPN
economy-1580	345	6	association	association	NOUN
economy-1580	345	7	,	,	PUNCT
economy-1580	345	8	74(366a	74(366a	NUM
economy-1580	345	9	)	)	PUNCT
economy-1580	345	10	,	,	PUNCT
economy-1580	345	11	427-431.available	427-431.available	NOUN
economy-1580	345	12	at	at	ADP
economy-1580	345	13	:	:	PUNCT
economy-1580	345	14	https://doi.org/10.2307/2286348	https://doi.org/10.2307/2286348	PROPN
economy-1580	345	15	.	.	PUNCT
economy-1580	346	1	ellington	ellington	PROPN
economy-1580	346	2	,	,	PUNCT
economy-1580	346	3	m.	m.	NOUN
economy-1580	346	4	(	(	PUNCT
economy-1580	346	5	2018	2018	NUM
economy-1580	346	6	)	)	PUNCT
economy-1580	346	7	.	.	PUNCT
economy-1580	347	1	financial	financial	ADJ
economy-1580	347	2	market	market	NOUN
economy-1580	347	3	illiquidity	illiquidity	NOUN
economy-1580	347	4	shocks	shock	NOUN
economy-1580	347	5	and	and	CCONJ
economy-1580	347	6	macroeconomic	macroeconomic	ADJ
economy-1580	347	7	dynamics	dynamic	NOUN
economy-1580	347	8	:	:	PUNCT
economy-1580	347	9	evidence	evidence	NOUN
economy-1580	347	10	from	from	ADP
economy-1580	347	11	the	the	DET
economy-1580	347	12	uk	uk	PROPN
economy-1580	347	13	.	.	PROPN
economy-1580	347	14	journal	journal	PROPN
economy-1580	347	15	of	of	ADP
economy-1580	347	16	banking	banking	NOUN
economy-1580	347	17	&	&	CCONJ
economy-1580	347	18	finance	finance	PROPN
economy-1580	347	19	,	,	PUNCT
economy-1580	347	20	89	89	NUM
economy-1580	347	21	,	,	PUNCT
economy-1580	347	22	225-236.available	225-236.available	NUM
economy-1580	347	23	at	at	ADP
economy-1580	347	24	:	:	PUNCT
economy-1580	347	25	https://doi.org/10.1016/j.jbankfin.2018.02.013	https://doi.org/10.1016/j.jbankfin.2018.02.013	PROPN
economy-1580	347	26	.	.	PUNCT
economy-1580	348	1	ernest	ernest	PROPN
economy-1580	348	2	,	,	PUNCT
economy-1580	348	3	y.	y.	PROPN
economy-1580	348	4	g.	g.	PROPN
economy-1580	348	5	(	(	PUNCT
economy-1580	348	6	2011	2011	NUM
economy-1580	348	7	)	)	PUNCT
economy-1580	348	8	.	.	PUNCT
economy-1580	349	1	fiscal	fiscal	ADJ
economy-1580	349	2	policy	policy	NOUN
economy-1580	349	3	,	,	PUNCT
economy-1580	349	4	monetary	monetary	ADJ
economy-1580	349	5	policy	policy	NOUN
economy-1580	349	6	and	and	CCONJ
economy-1580	349	7	stock	stock	NOUN
economy-1580	349	8	market	market	NOUN
economy-1580	349	9	activity	activity	NOUN
economy-1580	349	10	in	in	ADP
economy-1580	349	11	ghana	ghana	PROPN
economy-1580	349	12	.	.	PUNCT
economy-1580	350	1	published	publish	VERB
economy-1580	350	2	thesis	thesis	NOUN
economy-1580	350	3	,	,	PUNCT
economy-1580	350	4	kwame	kwame	PROPN
economy-1580	350	5	nkrumah	nkrumah	PROPN
economy-1580	350	6	university	university	PROPN
economy-1580	350	7	of	of	ADP
economy-1580	350	8	science	science	NOUN
economy-1580	350	9	and	and	CCONJ
economy-1580	350	10	technology	technology	NOUN
economy-1580	350	11	.	.	PUNCT
economy-1580	351	1	friedman	friedman	PROPN
economy-1580	351	2	,	,	PUNCT
economy-1580	351	3	m.	m.	NOUN
economy-1580	351	4	,	,	PUNCT
economy-1580	351	5	&	&	CCONJ
economy-1580	351	6	meiselman	meiselman	PROPN
economy-1580	351	7	,	,	PUNCT
economy-1580	351	8	d.	d.	PROPN
economy-1580	351	9	(	(	PUNCT
economy-1580	351	10	1963	1963	NUM
economy-1580	351	11	)	)	PUNCT
economy-1580	351	12	.	.	PUNCT
economy-1580	352	1	the	the	DET
economy-1580	352	2	relative	relative	ADJ
economy-1580	352	3	stability	stability	NOUN
economy-1580	352	4	of	of	ADP
economy-1580	352	5	monetary	monetary	ADJ
economy-1580	352	6	velocity	velocity	NOUN
economy-1580	352	7	and	and	CCONJ
economy-1580	352	8	the	the	DET
economy-1580	352	9	investment	investment	NOUN
economy-1580	352	10	multiplier	multiplier	ADV
economy-1580	352	11	in	in	ADP
economy-1580	352	12	the	the	DET
economy-1580	352	13	united	united	PROPN
economy-1580	352	14	states	states	PROPN
economy-1580	352	15	,	,	PUNCT
economy-1580	352	16	1897	1897	NUM
economy-1580	352	17	–	–	PUNCT
economy-1580	352	18	1958	1958	NUM
economy-1580	352	19	.	.	PUNCT
economy-1580	353	1	in	in	ADP
economy-1580	353	2	commission	commission	NOUN
economy-1580	353	3	on	on	ADP
economy-1580	353	4	money	money	NOUN
economy-1580	353	5	and	and	CCONJ
economy-1580	353	6	credit	credit	NOUN
economy-1580	353	7	:	:	PUNCT
economy-1580	353	8	stabilization	stabilization	NOUN
economy-1580	353	9	policies	policy	NOUN
economy-1580	353	10	(	(	PUNCT
economy-1580	353	11	pp	pp	ADJ
economy-1580	353	12	.	.	PUNCT
economy-1580	353	13	165–268	165–268	NUM
economy-1580	353	14	)	)	PUNCT
economy-1580	353	15	.	.	PUNCT
economy-1580	354	1	englewood	englewood	PROPN
economy-1580	354	2	cliffs	cliffs	PROPN
economy-1580	354	3	,	,	PUNCT
economy-1580	354	4	nj	nj	PROPN
economy-1580	354	5	:	:	PUNCT
economy-1580	354	6	prentice	prentice	NOUN
economy-1580	354	7	-	-	PUNCT
economy-1580	354	8	hall	hall	NOUN
economy-1580	354	9	.	.	PUNCT
economy-1580	355	1	friedman	friedman	PROPN
economy-1580	355	2	.	.	PROPN
economy-1580	355	3	,	,	PUNCT
economy-1580	355	4	b.	b.	PROPN
economy-1580	355	5	m.	m.	PROPN
economy-1580	355	6	(	(	PUNCT
economy-1580	355	7	1977	1977	NUM
economy-1580	355	8	)	)	PUNCT
economy-1580	355	9	.	.	PUNCT
economy-1580	356	1	even	even	ADV
economy-1580	356	2	the	the	DET
economy-1580	356	3	st	st	PROPN
economy-1580	356	4	.	.	PROPN
economy-1580	356	5	louis	louis	PROPN
economy-1580	356	6	model	model	NOUN
economy-1580	356	7	now	now	ADV
economy-1580	356	8	believes	believe	VERB
economy-1580	356	9	in	in	ADP
economy-1580	356	10	fiscal	fiscal	ADJ
economy-1580	356	11	policy	policy	NOUN
economy-1580	356	12	:	:	PUNCT
economy-1580	356	13	note	note	NOUN
economy-1580	356	14	.	.	PUNCT
economy-1580	357	1	journal	journal	NOUN
economy-1580	357	2	of	of	ADP
economy-1580	357	3	money	money	NOUN
economy-1580	357	4	,	,	PUNCT
economy-1580	357	5	credit	credit	NOUN
economy-1580	357	6	and	and	CCONJ
economy-1580	357	7	banking	banking	NOUN
economy-1580	357	8	,	,	PUNCT
economy-1580	357	9	9(2	9(2	NUM
economy-1580	357	10	)	)	PUNCT
economy-1580	357	11	,	,	PUNCT
economy-1580	357	12	365367.available	365367.available	ADJ
economy-1580	357	13	at	at	ADP
economy-1580	357	14	:	:	PUNCT
economy-1580	357	15	https://doi.org/10.2307/1991986	https://doi.org/10.2307/1991986	X
economy-1580	357	16	.	.	PUNCT
economy-1580	357	17	goldfeld	goldfeld	NOUN
economy-1580	357	18	,	,	PUNCT
economy-1580	357	19	m.	m.	NOUN
economy-1580	357	20	,	,	PUNCT
economy-1580	357	21	&	&	CCONJ
economy-1580	357	22	blinder	blinder	PROPN
economy-1580	357	23	,	,	PUNCT
economy-1580	357	24	s.	s.	PROPN
economy-1580	357	25	(	(	PUNCT
economy-1580	357	26	1972	1972	NUM
economy-1580	357	27	)	)	PUNCT
economy-1580	357	28	.	.	PUNCT
economy-1580	358	1	some	some	DET
economy-1580	358	2	implications	implication	NOUN
economy-1580	358	3	of	of	ADP
economy-1580	358	4	endogenous	endogenous	ADJ
economy-1580	358	5	stabilization	stabilization	NOUN
economy-1580	358	6	policy	policy	NOUN
economy-1580	358	7	.	.	PUNCT
economy-1580	359	1	brookings	brookings	PROPN
economy-1580	359	2	papers	paper	NOUN
economy-1580	359	3	on	on	ADP
economy-1580	359	4	economic	economic	ADJ
economy-1580	359	5	activity	activity	NOUN
economy-1580	359	6	,	,	PUNCT
economy-1580	359	7	3	3	NUM
economy-1580	359	8	,	,	PUNCT
economy-1580	359	9	585	585	NUM
economy-1580	359	10	-	-	SYM
economy-1580	359	11	644	644	NUM
economy-1580	359	12	.	.	PUNCT
economy-1580	360	1	hsing	hsing	PROPN
economy-1580	360	2	,	,	PUNCT
economy-1580	360	3	y.	y.	PROPN
economy-1580	360	4	(	(	PUNCT
economy-1580	360	5	2013	2013	NUM
economy-1580	360	6	)	)	PUNCT
economy-1580	360	7	.	.	PUNCT
economy-1580	361	1	effects	effect	NOUN
economy-1580	361	2	of	of	ADP
economy-1580	361	3	fiscal	fiscal	ADJ
economy-1580	361	4	policy	policy	NOUN
economy-1580	361	5	and	and	CCONJ
economy-1580	361	6	monetary	monetary	ADJ
economy-1580	361	7	policy	policy	NOUN
economy-1580	361	8	on	on	ADP
economy-1580	361	9	the	the	DET
economy-1580	361	10	stock	stock	NOUN
economy-1580	361	11	market	market	NOUN
economy-1580	361	12	in	in	ADP
economy-1580	361	13	poland	poland	PROPN
economy-1580	361	14	.	.	PUNCT
economy-1580	362	1	economies	economy	NOUN
economy-1580	362	2	,	,	PUNCT
economy-1580	362	3	1(3	1(3	NUM
economy-1580	362	4	)	)	PUNCT
economy-1580	362	5	,	,	PUNCT
economy-1580	362	6	19-25.available	19-25.available	ADJ
economy-1580	362	7	at	at	ADP
economy-1580	362	8	:	:	PUNCT
economy-1580	362	9	https://doi.org/10.3390/economies1030019	https://doi.org/10.3390/economies1030019	PROPN
economy-1580	362	10	.	.	PUNCT
economy-1580	363	1	iacoviello	iacoviello	PROPN
economy-1580	363	2	,	,	PUNCT
economy-1580	363	3	m.	m.	NOUN
economy-1580	363	4	(	(	PUNCT
economy-1580	363	5	2005	2005	NUM
economy-1580	363	6	)	)	PUNCT
economy-1580	363	7	.	.	PUNCT
economy-1580	364	1	house	house	NOUN
economy-1580	364	2	prices	price	NOUN
economy-1580	364	3	,	,	PUNCT
economy-1580	364	4	borrowing	borrowing	NOUN
economy-1580	364	5	constraints	constraint	NOUN
economy-1580	364	6	,	,	PUNCT
economy-1580	364	7	and	and	CCONJ
economy-1580	364	8	monetary	monetary	ADJ
economy-1580	364	9	policy	policy	NOUN
economy-1580	364	10	in	in	ADP
economy-1580	364	11	the	the	DET
economy-1580	364	12	business	business	NOUN
economy-1580	364	13	cycle	cycle	NOUN
economy-1580	364	14	.	.	PUNCT
economy-1580	365	1	american	american	ADJ
economy-1580	365	2	rconomic	rconomic	PROPN
economy-1580	365	3	review	review	PROPN
economy-1580	365	4	,	,	PUNCT
economy-1580	365	5	95(3	95(3	NUM
economy-1580	365	6	)	)	PUNCT
economy-1580	365	7	,	,	PUNCT
economy-1580	365	8	739764.available	739764.available	ADJ
economy-1580	365	9	at	at	ADP
economy-1580	365	10	:	:	PUNCT
economy-1580	365	11	https://doi.org/10.1257/0002828054201477	https://doi.org/10.1257/0002828054201477	NOUN
economy-1580	365	12	.	.	PUNCT
economy-1580	366	1	isola	isola	PROPN
economy-1580	366	2	,	,	PUNCT
economy-1580	366	3	l.	l.	PROPN
economy-1580	366	4	a.	a.	PROPN
economy-1580	366	5	,	,	PUNCT
economy-1580	366	6	somoye	somoye	PROPN
economy-1580	366	7	,	,	PUNCT
economy-1580	366	8	r.	r.	PROPN
economy-1580	366	9	o.	o.	PROPN
economy-1580	366	10	,	,	PUNCT
economy-1580	366	11	babajide	babajide	ADJ
economy-1580	366	12	,	,	PUNCT
economy-1580	366	13	a.	a.	NOUN
economy-1580	366	14	a.	a.	PROPN
economy-1580	366	15	,	,	PUNCT
economy-1580	366	16	&	&	CCONJ
economy-1580	366	17	nwanji	nwanji	PROPN
economy-1580	366	18	,	,	PUNCT
economy-1580	366	19	t.	t.	PROPN
economy-1580	366	20	i.	i.	PROPN
economy-1580	366	21	(	(	PUNCT
economy-1580	366	22	2018	2018	NUM
economy-1580	366	23	)	)	PUNCT
economy-1580	366	24	.	.	PUNCT
economy-1580	367	1	the	the	DET
economy-1580	367	2	effect	effect	NOUN
economy-1580	367	3	of	of	ADP
economy-1580	367	4	fiscal	fiscal	ADJ
economy-1580	367	5	and	and	CCONJ
economy-1580	367	6	monetary	monetary	ADJ
economy-1580	367	7	policies	policy	NOUN
economy-1580	367	8	interaction	interaction	NOUN
economy-1580	367	9	on	on	ADP
economy-1580	367	10	stock	stock	NOUN
economy-1580	367	11	market	market	NOUN
economy-1580	367	12	performance	performance	NOUN
economy-1580	367	13	:	:	PUNCT
economy-1580	367	14	evidence	evidence	NOUN
economy-1580	367	15	from	from	ADP
economy-1580	367	16	nigeria	nigeria	PROPN
economy-1580	367	17	.	.	PUNCT
economy-1580	368	1	future	future	ADJ
economy-1580	368	2	business	business	NOUN
economy-1580	368	3	journal	journal	NOUN
economy-1580	368	4	,	,	PUNCT
economy-1580	368	5	4(1	4(1	NOUN
economy-1580	368	6	)	)	PUNCT
economy-1580	368	7	,	,	PUNCT
economy-1580	368	8	16-33.available	16-33.available	NUM
economy-1580	368	9	at	at	ADP
economy-1580	368	10	:	:	PUNCT
economy-1580	368	11	https://doi.org/10.1016/j.fbj.2017.11.004	https://doi.org/10.1016/j.fbj.2017.11.004	PROPN
economy-1580	368	12	.	.	PROPN
economy-1580	368	13	kenton	kenton	PROPN
economy-1580	368	14	,	,	PUNCT
economy-1580	368	15	w.	w.	PROPN
economy-1580	368	16	(	(	PUNCT
economy-1580	368	17	2019	2019	NUM
economy-1580	368	18	)	)	PUNCT
economy-1580	368	19	.	.	PUNCT
economy-1580	369	1	debt	debt	NOUN
economy-1580	369	2	-	-	PUNCT
economy-1580	369	3	to	to	ADP
economy-1580	369	4	-	-	PUNCT
economy-1580	369	5	gdp	gdp	NOUN
economy-1580	369	6	ratio	ratio	NOUN
economy-1580	369	7	definition	definition	NOUN
economy-1580	369	8	.	.	PUNCT
economy-1580	370	1	retrieved	retrieve	VERB
economy-1580	370	2	from	from	ADP
economy-1580	370	3	:	:	PUNCT
economy-1580	370	4	https://www.investopedia.com/terms/d/debtgdpratio.asp	https://www.investopedia.com/terms/d/debtgdpratio.asp	PROPN
economy-1580	370	5	nasir	nasir	PROPN
economy-1580	370	6	,	,	PUNCT
economy-1580	370	7	m.	m.	NOUN
economy-1580	370	8	,	,	PUNCT
economy-1580	370	9	soliman	soliman	NOUN
economy-1580	370	10	,	,	PUNCT
economy-1580	370	11	a.	a.	PROPN
economy-1580	370	12	,	,	PUNCT
economy-1580	370	13	yago	yago	PROPN
economy-1580	370	14	,	,	PUNCT
economy-1580	370	15	m.	m.	NOUN
economy-1580	370	16	,	,	PUNCT
economy-1580	370	17	&	&	CCONJ
economy-1580	370	18	wu	wu	PROPN
economy-1580	370	19	,	,	PUNCT
economy-1580	370	20	j.	j.	PROPN
economy-1580	370	21	(	(	PUNCT
economy-1580	370	22	2016	2016	NUM
economy-1580	370	23	)	)	PUNCT
economy-1580	370	24	.	.	PUNCT
economy-1580	371	1	macroeconomic	macroeconomic	ADJ
economy-1580	371	2	policies	policy	NOUN
economy-1580	371	3	interaction	interaction	NOUN
economy-1580	371	4	&	&	CCONJ
economy-1580	371	5	the	the	DET
economy-1580	371	6	symmetry	symmetry	NOUN
economy-1580	371	7	of	of	ADP
economy-1580	371	8	financial	financial	ADJ
economy-1580	371	9	markets	market	NOUN
economy-1580	371	10	’	'	PUNCT
economy-1580	371	11	responses	response	NOUN
economy-1580	371	12	journal	journal	NOUN
economy-1580	371	13	of	of	ADP
economy-1580	371	14	central	central	ADJ
economy-1580	371	15	banking	banking	NOUN
economy-1580	371	16	theory	theory	NOUN
economy-1580	371	17	and	and	CCONJ
economy-1580	371	18	practice	practice	NOUN
economy-1580	371	19	,	,	PUNCT
economy-1580	371	20	1(1	1(1	NUM
economy-1580	371	21	)	)	PUNCT
economy-1580	371	22	,	,	PUNCT
economy-1580	371	23	53	53	NUM
economy-1580	371	24	-	-	SYM
economy-1580	371	25	69	69	NUM
economy-1580	371	26	.	.	PUNCT
economy-1580	372	1	nasir	nasir	PROPN
economy-1580	372	2	.	.	PROPN
economy-1580	372	3	,	,	PUNCT
economy-1580	372	4	m.	m.	NOUN
economy-1580	372	5	a.	a.	PROPN
economy-1580	372	6	,	,	PUNCT
economy-1580	372	7	&	&	CCONJ
economy-1580	372	8	soliman	soliman	PROPN
economy-1580	372	9	,	,	PUNCT
economy-1580	372	10	a.	a.	NOUN
economy-1580	372	11	m.	m.	NOUN
economy-1580	372	12	(	(	PUNCT
economy-1580	372	13	2014	2014	NUM
economy-1580	372	14	)	)	PUNCT
economy-1580	372	15	.	.	PUNCT
economy-1580	373	1	aspects	aspect	NOUN
economy-1580	373	2	of	of	ADP
economy-1580	373	3	macroeconomic	macroeconomic	ADJ
economy-1580	373	4	policy	policy	NOUN
economy-1580	373	5	combinations	combination	NOUN
economy-1580	373	6	and	and	CCONJ
economy-1580	373	7	their	their	PRON
economy-1580	373	8	effects	effect	NOUN
economy-1580	373	9	on	on	ADP
economy-1580	373	10	financial	financial	ADJ
economy-1580	373	11	markets	market	NOUN
economy-1580	373	12	.	.	PUNCT
economy-1580	374	1	economic	economic	ADJ
economy-1580	374	2	issues	issue	NOUN
economy-1580	374	3	,	,	PUNCT
economy-1580	374	4	19(1	19(1	NUM
economy-1580	374	5	)	)	PUNCT
economy-1580	374	6	,	,	PUNCT
economy-1580	374	7	95	95	NUM
economy-1580	374	8	-	-	SYM
economy-1580	374	9	118	118	NUM
economy-1580	374	10	.	.	PUNCT
economy-1580	375	1	nwaogwugwu	nwaogwugwu	PROPN
economy-1580	375	2	,	,	PUNCT
economy-1580	375	3	i.	i.	PROPN
economy-1580	375	4	c.	c.	PROPN
economy-1580	375	5	(	(	PUNCT
economy-1580	375	6	2018	2018	NUM
economy-1580	375	7	)	)	PUNCT
economy-1580	375	8	.	.	PUNCT
economy-1580	376	1	the	the	DET
economy-1580	376	2	effects	effect	NOUN
economy-1580	376	3	of	of	ADP
economy-1580	376	4	monetary	monetary	ADJ
economy-1580	376	5	and	and	CCONJ
economy-1580	376	6	fiscal	fiscal	ADJ
economy-1580	376	7	policy	policy	NOUN
economy-1580	376	8	on	on	ADP
economy-1580	376	9	the	the	DET
economy-1580	376	10	stock	stock	NOUN
economy-1580	376	11	market	market	NOUN
economy-1580	376	12	in	in	ADP
economy-1580	376	13	nigeria	nigeria	PROPN
economy-1580	376	14	.	.	PUNCT
economy-1580	377	1	journal	journal	PROPN
economy-1580	377	2	of	of	ADP
economy-1580	377	3	economics	economic	NOUN
economy-1580	377	4	and	and	CCONJ
economy-1580	377	5	development	development	NOUN
economy-1580	377	6	studies	study	NOUN
economy-1580	377	7	,	,	PUNCT
economy-1580	377	8	6(1	6(1	NUM
economy-1580	377	9	)	)	PUNCT
economy-1580	377	10	,	,	PUNCT
economy-1580	377	11	79	79	NUM
economy-1580	377	12	-	-	SYM
economy-1580	377	13	85	85	NUM
economy-1580	377	14	.	.	PUNCT
economy-1580	378	1	onoh	onoh	PROPN
economy-1580	378	2	,	,	PUNCT
economy-1580	378	3	j.	j.	PROPN
economy-1580	378	4	(	(	PUNCT
economy-1580	378	5	2016	2016	NUM
economy-1580	378	6	)	)	PUNCT
economy-1580	378	7	.	.	PUNCT
economy-1580	379	1	the	the	DET
economy-1580	379	2	effect	effect	NOUN
economy-1580	379	3	of	of	ADP
economy-1580	379	4	stock	stock	NOUN
economy-1580	379	5	market	market	NOUN
economy-1580	379	6	liquidity	liquidity	NOUN
economy-1580	379	7	on	on	ADP
economy-1580	379	8	daily	daily	ADJ
economy-1580	379	9	returns	return	NOUN
economy-1580	379	10	in	in	ADP
economy-1580	379	11	the	the	DET
economy-1580	379	12	nigerian	nigerian	ADJ
economy-1580	379	13	capital	capital	NOUN
economy-1580	379	14	market	market	NOUN
economy-1580	379	15	.	.	PUNCT
economy-1580	380	1	iiard	iiard	VERB
economy-1580	380	2	international	international	ADJ
economy-1580	380	3	journal	journal	NOUN
economy-1580	380	4	of	of	ADP
economy-1580	380	5	banking	banking	NOUN
economy-1580	380	6	and	and	CCONJ
economy-1580	380	7	finance	finance	NOUN
economy-1580	380	8	research	research	NOUN
economy-1580	380	9	,	,	PUNCT
economy-1580	380	10	2(1	2(1	NUM
economy-1580	380	11	)	)	PUNCT
economy-1580	380	12	,	,	PUNCT
economy-1580	380	13	47	47	NUM
economy-1580	380	14	-	-	SYM
economy-1580	380	15	65	65	NUM
economy-1580	380	16	.	.	PUNCT
economy-1580	381	1	orekoya	orekoya	PROPN
economy-1580	381	2	,	,	PUNCT
economy-1580	381	3	s.	s.	PROPN
economy-1580	381	4	(	(	PUNCT
economy-1580	381	5	2017	2017	NUM
economy-1580	381	6	)	)	PUNCT
economy-1580	381	7	.	.	PUNCT
economy-1580	382	1	stock	stock	NOUN
economy-1580	382	2	market	market	NOUN
economy-1580	382	3	response	response	NOUN
economy-1580	382	4	to	to	ADP
economy-1580	382	5	monetary	monetary	ADJ
economy-1580	382	6	and	and	CCONJ
economy-1580	382	7	fiscal	fiscal	ADJ
economy-1580	382	8	policies	policy	NOUN
economy-1580	382	9	in	in	ADP
economy-1580	382	10	nigeria	nigeria	PROPN
economy-1580	382	11	.	.	PUNCT
economy-1580	383	1	nigerian	nigerian	PROPN
economy-1580	383	2	journal	journal	PROPN
economy-1580	383	3	of	of	ADP
economy-1580	383	4	securities	security	NOUN
economy-1580	383	5	market	market	NOUN
economy-1580	383	6	,	,	PUNCT
economy-1580	383	7	3(2	3(2	NUM
economy-1580	383	8	)	)	PUNCT
economy-1580	383	9	,	,	PUNCT
economy-1580	383	10	29	29	NUM
economy-1580	383	11	-	-	SYM
economy-1580	383	12	43	43	NUM
economy-1580	383	13	.	.	PUNCT
economy-1580	384	1	pesaran	pesaran	PROPN
economy-1580	384	2	,	,	PUNCT
economy-1580	384	3	m.	m.	PROPN
economy-1580	384	4	h.	h.	PROPN
economy-1580	384	5	,	,	PUNCT
economy-1580	384	6	shin	shin	PROPN
economy-1580	384	7	,	,	PUNCT
economy-1580	384	8	y.	y.	PROPN
economy-1580	384	9	,	,	PUNCT
economy-1580	384	10	&	&	CCONJ
economy-1580	384	11	smith	smith	PROPN
economy-1580	384	12	,	,	PUNCT
economy-1580	384	13	r.	r.	PROPN
economy-1580	384	14	j.	j.	PROPN
economy-1580	384	15	(	(	PUNCT
economy-1580	384	16	2001	2001	NUM
economy-1580	384	17	)	)	PUNCT
economy-1580	384	18	.	.	PUNCT
economy-1580	385	1	bounds	bound	VERB
economy-1580	385	2	testing	test	VERB
economy-1580	385	3	approaches	approach	NOUN
economy-1580	385	4	to	to	ADP
economy-1580	385	5	the	the	DET
economy-1580	385	6	analysis	analysis	NOUN
economy-1580	385	7	of	of	ADP
economy-1580	385	8	level	level	NOUN
economy-1580	385	9	relationships	relationship	NOUN
economy-1580	385	10	.	.	PUNCT
economy-1580	386	1	journal	journal	NOUN
economy-1580	386	2	of	of	ADP
economy-1580	386	3	applied	applied	ADJ
economy-1580	386	4	econometrics	econometric	NOUN
economy-1580	386	5	,	,	PUNCT
economy-1580	386	6	16(3	16(3	NOUN
economy-1580	386	7	)	)	PUNCT
economy-1580	386	8	,	,	PUNCT
economy-1580	386	9	289-326.available	289-326.available	NUM
economy-1580	386	10	at	at	ADP
economy-1580	386	11	:	:	PUNCT
economy-1580	386	12	https://doi.org/10.1002/jae.616	https://doi.org/10.1002/jae.616	PROPN
economy-1580	386	13	.	.	PUNCT
economy-1580	387	1	sunday	sunday	PROPN
economy-1580	387	2	,	,	PUNCT
economy-1580	387	3	d.	d.	PROPN
economy-1580	387	4	,	,	PUNCT
economy-1580	387	5	agbaeze	agbaeze	VERB
economy-1580	387	6	,	,	PUNCT
economy-1580	387	7	c.	c.	PROPN
economy-1580	387	8	,	,	PUNCT
economy-1580	387	9	&	&	CCONJ
economy-1580	387	10	onyele	onyele	PROPN
economy-1580	387	11	,	,	PUNCT
economy-1580	387	12	k.	k.	PROPN
economy-1580	387	13	(	(	PUNCT
economy-1580	387	14	2018	2018	NUM
economy-1580	387	15	)	)	PUNCT
economy-1580	387	16	.	.	PUNCT
economy-1580	388	1	response	response	NOUN
economy-1580	388	2	of	of	ADP
economy-1580	388	3	financial	financial	ADJ
economy-1580	388	4	development	development	NOUN
economy-1580	388	5	to	to	ADP
economy-1580	388	6	public	public	ADJ
economy-1580	388	7	debt	debt	NOUN
economy-1580	388	8	in	in	ADP
economy-1580	388	9	nigeria	nigeria	PROPN
economy-1580	388	10	.	.	PUNCT
economy-1580	389	1	journal	journal	PROPN
economy-1580	389	2	of	of	ADP
economy-1580	389	3	economics	economic	NOUN
economy-1580	389	4	and	and	CCONJ
economy-1580	389	5	business	business	NOUN
economy-1580	389	6	sciences	science	NOUN
economy-1580	389	7	,	,	PUNCT
economy-1580	389	8	4(5	4(5	PROPN
economy-1580	389	9	)	)	PUNCT
economy-1580	389	10	,	,	PUNCT
economy-1580	389	11	156	156	NUM
economy-1580	389	12	-	-	SYM
economy-1580	389	13	164	164	NUM
economy-1580	389	14	.	.	PUNCT
economy-1580	390	1	tawfiq	tawfiq	PROPN
economy-1580	390	2	,	,	PUNCT
economy-1580	390	3	t.	t.	PROPN
economy-1580	390	4	,	,	PUNCT
economy-1580	390	5	&	&	CCONJ
economy-1580	390	6	tahtamouni	tahtamouni	PROPN
economy-1580	390	7	,	,	PUNCT
economy-1580	390	8	a.	a.	NOUN
economy-1580	390	9	(	(	PUNCT
economy-1580	390	10	2018	2018	NUM
economy-1580	390	11	)	)	PUNCT
economy-1580	390	12	.	.	PUNCT
economy-1580	391	1	the	the	DET
economy-1580	391	2	impact	impact	NOUN
economy-1580	391	3	of	of	ADP
economy-1580	391	4	monetary	monetary	ADJ
economy-1580	391	5	and	and	CCONJ
economy-1580	391	6	fiscal	fiscal	ADJ
economy-1580	391	7	policies	policy	NOUN
economy-1580	391	8	on	on	ADP
economy-1580	391	9	stock	stock	NOUN
economy-1580	391	10	returns	return	NOUN
economy-1580	391	11	in	in	ADP
economy-1580	391	12	the	the	DET
economy-1580	391	13	jordanian	jordanian	ADJ
economy-1580	391	14	amman	amman	PROPN
economy-1580	391	15	stock	stock	PROPN
economy-1580	391	16	exchange	exchange	PROPN
economy-1580	391	17	case	case	NOUN
economy-1580	391	18	.	.	PUNCT
economy-1580	392	1	research	research	NOUN
economy-1580	392	2	journal	journal	PROPN
economy-1580	392	3	of	of	ADP
economy-1580	392	4	finance	finance	NOUN
economy-1580	392	5	and	and	CCONJ
economy-1580	392	6	accounting	accounting	NOUN
economy-1580	392	7	,	,	PUNCT
economy-1580	392	8	9(6	9(6	NUM
economy-1580	392	9	)	)	PUNCT
economy-1580	392	10	,	,	PUNCT
economy-1580	392	11	115	115	NUM
economy-1580	392	12	-	-	SYM
economy-1580	392	13	128	128	NUM
economy-1580	392	14	.	.	PUNCT
economy-1580	393	1	ukeje	ukeje	PROPN
economy-1580	393	2	,	,	PUNCT
economy-1580	393	3	s.	s.	PROPN
economy-1580	393	4	(	(	PUNCT
economy-1580	393	5	2012	2012	NUM
economy-1580	393	6	)	)	PUNCT
economy-1580	393	7	.	.	PUNCT
economy-1580	394	1	how	how	SCONJ
economy-1580	394	2	central	central	ADJ
economy-1580	394	3	banks	bank	NOUN
economy-1580	394	4	achieve	achieve	VERB
economy-1580	394	5	price	price	NOUN
economy-1580	394	6	stability	stability	NOUN
economy-1580	394	7	.	.	PUNCT
economy-1580	395	1	department	department	NOUN
economy-1580	395	2	of	of	ADP
economy-1580	395	3	monetary	monetary	ADJ
economy-1580	395	4	policy	policy	NOUN
economy-1580	395	5	,	,	PUNCT
economy-1580	395	6	central	central	ADJ
economy-1580	395	7	bank	bank	NOUN
economy-1580	395	8	of	of	ADP
economy-1580	395	9	nigeria	nigeria	PROPN
economy-1580	395	10	.	.	PUNCT
economy-1580	396	1	24	24	NUM
economy-1580	396	2	,	,	PUNCT
economy-1580	396	3	1	1	NUM
economy-1580	396	4	-	-	SYM
economy-1580	396	5	30	30	NUM
economy-1580	396	6	.	.	PUNCT
economy-1580	397	1	retrieved	retrieve	VERB
economy-1580	397	2	from	from	ADP
economy-1580	397	3	:	:	PUNCT
economy-1580	397	4	https://www.cbn.gov.ng/out/2016/mpd/understanding%2020monetary%2020policy%2020series%2020no%2024.pdf	https://www.cbn.gov.ng/out/2016/mpd/understanding%2020monetary%2020policy%2020series%2020no%2024.pdf	PROPN
economy-1580	397	5	.	.	PUNCT
economy-1580	398	1	asian	asian	ADJ
economy-1580	398	2	online	online	PROPN
economy-1580	398	3	journal	journal	PROPN
economy-1580	398	4	publishing	publishing	NOUN
economy-1580	398	5	group	group	NOUN
economy-1580	398	6	is	be	AUX
economy-1580	398	7	not	not	PART
economy-1580	398	8	responsible	responsible	ADJ
economy-1580	398	9	or	or	CCONJ
economy-1580	398	10	answerable	answerable	ADJ
economy-1580	398	11	for	for	ADP
economy-1580	398	12	any	any	DET
economy-1580	398	13	loss	loss	NOUN
economy-1580	398	14	,	,	PUNCT
economy-1580	398	15	damage	damage	NOUN
economy-1580	398	16	or	or	CCONJ
economy-1580	398	17	liability	liability	NOUN
economy-1580	398	18	,	,	PUNCT
economy-1580	398	19	etc	etc	X
economy-1580	398	20	.	.	X
economy-1580	398	21	caused	cause	VERB
economy-1580	398	22	in	in	ADP
economy-1580	398	23	relation	relation	NOUN
economy-1580	398	24	to	to	PART
economy-1580	398	25	/	/	PUNCT
economy-1580	398	26	arising	arise	VERB
economy-1580	398	27	out	out	ADP
economy-1580	398	28	of	of	ADP
economy-1580	398	29	the	the	DET
economy-1580	398	30	use	use	NOUN
economy-1580	398	31	of	of	ADP
economy-1580	398	32	the	the	DET
economy-1580	398	33	content	content	NOUN
economy-1580	398	34	.	.	PUNCT
economy-1580	399	1	any	any	DET
economy-1580	399	2	queries	query	NOUN
economy-1580	399	3	should	should	AUX
economy-1580	399	4	be	be	AUX
economy-1580	399	5	directed	direct	VERB
economy-1580	399	6	to	to	ADP
economy-1580	399	7	the	the	DET
economy-1580	399	8	corresponding	corresponding	ADJ
economy-1580	399	9	author	author	NOUN
economy-1580	399	10	of	of	ADP
economy-1580	399	11	the	the	DET
economy-1580	399	12	article	article	NOUN
economy-1580	399	13	.	.	PUNCT
economy-1580	400	1	http://www.cbn.gov.ng/out/2017/ccd/monetary%20policy%20at%20a%20glance.pdf	http://www.cbn.gov.ng/out/2017/ccd/monetary%20policy%20at%20a%20glance.pdf	PROPN
economy-1580	401	1	http://www.investopedia.com/terms/d/debtgdpratio.asp	http://www.investopedia.com/terms/d/debtgdpratio.asp	PROPN
economy-1580	401	2	http://www.cbn.gov.ng/out/2016/mpd/understanding%2020monetary%2020policy%2020series%2020no%2024.pdf	http://www.cbn.gov.ng/out/2016/mpd/understanding%2020monetary%2020policy%2020series%2020no%2024.pdf	PROPN