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Are there asymmetric linkages between African stocks and exchange rates?

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  • Owusu Junior, Peterson
  • Tweneboah, George

Abstract

The graph plots the QR and QQR estimates in the short-term (IMF.1), medium-term (IMF.5), and long-term (IMF.Resisual). The figures helps to compare the magnitude and direction of the two estimation techniques to show the asymmetric frequency-varying dependence between exchange rates and African stock market returns.

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  • Owusu Junior, Peterson & Tweneboah, George, 2020. "Are there asymmetric linkages between African stocks and exchange rates?," Research in International Business and Finance, Elsevier, vol. 54(C).
    • Handle: RePEc:eee:riibaf:v:54:y:2020:i:c:s0275531919311559
    DOI: 10.1016/j.ribaf.2020.101245
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    2. Sharma, Gagan Deep & Shahbaz, Muhammad & Singh, Sanjeet & Chopra, Ritika & Cifuentes-Faura, Javier, 2023. "Investigating the nexus between green economy, sustainability, bitcoin and oil prices: Contextual evidence from the United States," Resources Policy, Elsevier, vol. 80(C).
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    4. Bossman, Ahmed & Umar, Zaghum & Teplova, Tamara, 2022. "Modelling the asymmetric effect of COVID-19 on REIT returns: A quantile-on-quantile regression analysis," The Journal of Economic Asymmetries, Elsevier, vol. 26(C).

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