Day of the week effect on the Zimbabwe Stock Exchange: A non-linear GARCH analysis
This study analysed the day of the week effect on the Zimbabwe Stock Exchange (ZSE) by taking into account volatility of returns. The purpose of the study was to establish whether daily mean returns across a trading week differ from each other. We employ a non-linear approach in modelling the day of...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academy of Business & Retail Management
2015-11-01
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| Series: | International Journal of Business & Economic Development |
| Subjects: | |
| Online Access: | http://ijbed.org/admin/content/pdf/i-9_c-90.pdf |