Essay on stock markets in Sub-saharan Africa
Philosophiae Doctor - PhD (Economics) === The main objective of this thesis was to closely examine several nancial and economic aspects of the stock markets in Sub-Saharan Africa. Thus, the objectives of this thesis were to explore the interdependence, the time-varying conditional correlation and t...
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| Language: | en |
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University of the Western Cape
2018
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| Online Access: | http://hdl.handle.net/11394/6098 |
| Summary: | Philosophiae Doctor - PhD (Economics) === The main objective of this thesis was to closely examine several nancial and economic aspects
of the stock markets in Sub-Saharan Africa. Thus, the objectives of this thesis were to explore
the interdependence, the time-varying conditional correlation and the volatility linkages among
Sub-Saharan African and developed stock markets; to investigate the relationship between -
nancial liberalization and the development of stock markets; and to examine the patterns of the
aggregate market liquidity and the relevance of the mainstream determinants of market liquidity
in the chosen Sub-Saharan African stock markets. |
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