Adjasi, Charles K.D.; Biekpe, Nicholas B.; Osei, Kofi A. - In: African Journal of Economic and Management Studies 2 (2011) 2, pp. 143-164
but increase in Egypt and South Africa. Shocks induced by either stock prices or the exchange rate are more protracted in … Ghana, Kenya, Mauritius and Nigeria than in South Africa and Egypt. Originality/value – This is one of the few studies on … Africa which tests for long‐run dynamics and impulse response shock dynamics within a VAR framework. Again unlike other …