Impact of Macroeconomic Variables on Stock Return Volatility: Evidence from Sub-Sahara Africa
The main purpose of this paper was to investigate the impact of macroeconomic variables on stock market return volatility in Sub-Sahara markets. The study concentrated on three stock markets including Ghana, Nigeria and South Africa using GARCH-X (1,1) model on monthly data from January 2000 to Dece...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Merdeka Malang
2022-03-01
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| Series: | AFRE (Accounting and Financial Review) |
| Subjects: | |
| Online Access: | https://jurnal.unmer.ac.id/index.php/afr/article/view/4377 |