Does mean reversion occur in selected African stock markets?
This study examines the mean reversion of two Emerging Markets (Egypt and South Africa) and five Frontier Markets (Kenya, Mauritius, Morocco, Nigeria and Tunisia) by examining the stationarity of stock prices using several panel unit root tests. Empirical results show that the unit root tests (ADF,...
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| Format: | Article |
| Language: | English English |
| Published: |
Empirical Economics Letters
2021
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| Subjects: | |
| Online Access: | https://eprints.ums.edu.my/id/eprint/33118/5/Does%20mean%20reversion%20occur%20in%20selected%20African%20stock%20markets.pdf https://eprints.ums.edu.my/id/eprint/33118/2/Does%20mean%20reversion%20occur%20in%20selected%20African%20stock%20markets%20_ABSTRACT.pdf |