Haque, Mahfuzul; Hassan, M. Kabir; Maroney, Neal C; … - In: Review of Middle East Economics and Finance 2 (2004) 1, pp. 18-41
This paper examines the stability, predictability, volatility, time varying risk premiums and persistence of shocks to volatility in the ten Middle Eastern and African (ME&A) emerging stock markets. Although the majority of ME&A markets only recently gained emerging status, one finds that five...