The existing literature has explained the causality flow from the exchange rates toward the stock market without explaining the role of the economic crisis in effecting this nexus. This study examines the role of the financial crisis in affecting the nonlinear causality flowing from the exchange...

This paper examines the long and short-run interactions between stock prices and exchange rates in Nigeria, based on a sample, from February 1, 2001 to December 31, 2008. Three models were derived from the sample - the pre-crisis, crisis and basic models. The paper tests the time series...

This research examines the impact of positive and negative shocks of exchange rate on South Asian Stock indexes by employing a Non-linear Panel autoregressive distributive lag model along with a Panel Asymmetric granger casualty test. For the Panel-NARDL model, the Pre-crisis regime comprises of...