Essay on stock markets in Sub-saharan Africa

• Main Author: Achiapo, Jessica Lisette
• Other Authors: Ocran, Matthew K.
• Language: en
• Published: University of the Western Cape 2018
• Online Access: http://hdl.handle.net/11394/6098

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.