Gourène, Grakolet Arnold Zamereith; Mendy, Pierre - In: Journal of African trade : official journal of the … 5 (2018) 1/2, pp. 55-67
largest African stock markets. We used wavelet coherence to analyze the evolution of this relationship both in time and by … frequency. Our results show that the co-movement between African stock markets and oil prices is relatively low, with the … exception of emerging stock markets such as South Africa and Egypt. For most of the African stock markets, the co-movement takes …