Boako, Gideon; Alagidede, Paul - In: Review of development finance 7 (2017) 2, pp. 142-156
This paper examines for the first time contagion to African stock markets with particular attention to the … quantification of, and testing for the impact of (extreme) downside movements in foreign exchange and developed stock markets on the … (extreme) downside risks in Africa stock markets. Using data of weekly periodicity, the empirical analysis captured the pre …