Impact Of Fiscal Policy On Asset Prices

ABSTRACT This research was designed to investigate the impact of fiscal policy and asset prices; an empirical investigation. A time series data of the all share price index as proxy for asset prices and the various sectoral expenditure on agriculture, education, transport/communication and the government recurrent and capital expenditures from 1985-2014 were sourced from secondary sources and was subjected to a multi regression analysis using the ordinary least square (OLS) estimator at 5% level of significance with the all share price index as the dependent variable. The results from the anal…