Humavindu, Michael N - Institutionen för Nationalekonomi, Umeå Universitet - 2008
appraisal of development projects and other major investment programmes in Namibia. Paper III analyses returns and volatility on … main parts: (i) unit root tests, (ii) cointegration analysis, and (iii) volatility modelling. The results show that the two … volatility analysis shows evidence of no spillover effects. These results suggest that the NSX could be an attractive risk …