Aawaar, Godfred; Logogye, Louis; Domeher, Daniel - In: Cogent economics & finance 11 (2023) 2, pp. 1-14
of eight top African stock markets. The conditional variance is modelled as a proxy for Africa's volatility indices using … African stock markets follows a dynamic process and is explained by past volatility, domestic exchange rates, Treasury bill …-crisis periods (Global Financial Crisis (GFC) and COVID-19 pandemic) reveal that (1) African stock markets became sensitive to …