In this paper, volatility of stock returns in Ghana is modeled from July 4, 2011 to October 3, 2014 using both symmetric and asymmetric univariate Generalized Autoregressive Conditional Heteroscedasticity (GARCH) models under the normal Gaussian distribution assumption. Results show that equity...

In this paper, we investigate the non-parametric relation between political risk and Mexican financial markets. We focus on stock, foreign exchange, financial institutions bond, corporate bond and sovereign bond markets. We apply a quantile correlation approach between five categories of the...