Stock price index and exchange rate nexus in African markets
This paper examines the relationship between stock price index and exchange rate in six African markets using monthly data for the period January 2007 to October 2015. A quantile regression approach is used. This methodology is shown to perform better than the ordinary least squares estimators, part...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Published: |
Taylor & Francis
2017
|
| Subjects: |