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The article aims to investigate the possibility of the convergence and catching up of life expectancy values observed in West African countries with those noted in North African countries. Following the theory of time series convergence, documented in Bernard and Durlauf (1996) and Greasley and...
Persistent link: https://www.econbiz.de/10012487068
Extant literature establishes co-movements among commodity (metal and oil) prices; whereas oil price/shocks aggregate, as a lone predictor, has relative predictability for most financial assets. We assess the predictability of Baumeister and Hamilton's (2019) decomposed oil shocks (economic...
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Interpersonal violence poses a formidable obstacle to harmonious coexistence, socioeconomic development, and public health globally, given its deleterious consequences and attendant mortality. In a multicultural society like Nigeria, violence is an unfortunate inevitability. This study...
Persistent link: https://www.econbiz.de/10015214919
This paper attempts to fit the best Generalized Autoregressive Conditional Heteroscedastic (GARCH) model for All Share Index (ASI) of Nigerian Stock Exchange (NSE) returns. A search is made on various GARCH variants specified on the assumptions of stationarity and asymmetry. Fractionally...
Persistent link: https://www.econbiz.de/10011474661
Purpose: This study aims to investigate the response of green investments of emerging countries to own-market uncertainty, oil-market uncertainty and COVID-19 effect/geo-political risks (GPRs), using the tail risks of corresponding markets as measures of uncertainty. Design/methodology/approach:...
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