Junior, Peterson Owusu; Adam, Anokye M.; Tweneboah, George - In: Cogent Economics & Finance 5 (2017) 1, pp. 1-18
In three different ways of lead-lag causal relationship, covariance/correlation and coherence, we apply the wavelets analysis via the Continuous Morlet Wavelet Transform to delineate the significant frequency-time domain lead-lag relationships for the West African Monetary Zone member countries...