Gourène, Grakolet Arnold Zamereith; Mendy, Pierre - In: Journal of African trade : official journal of the … 5 (2018) 1/2, pp. 55-67
This paper examines the co-movement between OPEC (Organization of Petroleum Exporting Countries) oil prices and the six 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...