Assessing the safe haven properties of oil in African stock markets amid the COVID-19 pandemic: a quantile regression analysis

Assessing the safe haven properties of oil in African stock markets amid the COVID-19 pandemic: a quantile regression analysis

Using the quantile regression approach to reveal the conditional relationships, the study re-examined the oil-stock co-movement in the context of oil-exporting countries in Africa. The data employed include daily OPEC basket price for crude oil and daily data on stock market indices for six major st...

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Bibliographic Details
Main Authors: Emmanuel Assifuah-Nunoo, Peterson Owusu Junior, Anokye Mohammed Adam, Ahmed Bossman
Format: Article
Language:English
Published: AIMS Press 2022-05-01
Series:Quantitative Finance and Economics
Subjects:
quantile regression
oil-stock nexus
safe haven
african stock markets
diversification
covid-19
Online Access:https://www.aimspress.com/article/doi/10.3934/QFE.2022011?viewType=HTML

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https://www.aimspress.com/article/doi/10.3934/QFE.2022011?viewType=HTML

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