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The nominal rand/dollar exchange rate: before and after 1995
Gossel, Sean J.; Biekpe, Nicholas - In: Studies in Economics and Finance 29 (2012) 2, pp. 105-117
Purpose – The purpose of this paper is to undertake an econometric investigation of the determinants of the nominal South African rand/US dollar exchange rate before and after the country's financial liberalisation in March 1995. Design/methodology/approach – Regression models are used to...
Persistent link: https://www.econbiz.de/10015013651
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Asymmetric cointegration and causality effects between financial development and economic growth in South Africa
Phiri, Andrew - In: Studies in Economics and Finance 32 (2015) 4, pp. 464-484
Purpose – The purpose of this paper is to investigate asymmetric cointegration and causality effects between financial development and economic growth for South African data spanning over the period of 1992-2013. Design/methodology/approach – This study makes the use of the momentum...
Persistent link: https://www.econbiz.de/10015013889
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Macroeconomic surprises and stock returns in South Africa
Gupta, Rangan; Reid, Monique - In: Studies in Economics and Finance 30 (2013) 3, pp. 266-282
Purpose – The objective of this paper is to explore the sensitivity of industry‐specific stock returns to monetary policy and macroeconomic news. The paper looks at a range of industry‐specific South African stock market indices and evaluates the sensitivity of these indices to various...
Persistent link: https://www.econbiz.de/10015014252
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The nominal rand/dollar exchange rate: before and after 1995
Gossel, Sean J.; Biekpe, Nicholas - In: Studies in Economics and Finance 29 (2012) June, pp. 105-117
Purpose – The purpose of this paper is to undertake an econometric investigation of the determinants of the nominal South African rand/US dollar exchange rate before and after the country's financial liberalisation in March 1995. Design/methodology/approach – Regression models are used to...
Persistent link: https://www.econbiz.de/10010551608
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Macroeconomic surprises and stock returns in South Africa
Gupta, Rangan; Reid, Monique - In: Studies in Economics and Finance 30 (2013) June, pp. 266-282
Purpose – The objective of this paper is to explore the sensitivity of industry-specific stock returns to monetary policy and macroeconomic news. The paper looks at a range of industry-specific South African stock market indices and evaluates the sensitivity of these indices to various...
Persistent link: https://www.econbiz.de/10010691564
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Macroeconomic surprises and stock returns in South Africa
Gupta, Rangan; Reid, Monique - In: Studies in Economics and Finance 30 (2013) June, pp. 266-282
Purpose – The objective of this paper is to explore the sensitivity of industry-specific stock returns to monetary policy and macroeconomic news. The paper looks at a range of industry-specific South African stock market indices and evaluates the sensitivity of these indices to various...
Persistent link: https://www.econbiz.de/10010711288
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Investigating the interlinkages between infrastructure development, poverty and rural–urban income inequality : Evidence from BRICS nations
Chotia, Varun; Rao, N.V.M. - In: Studies in Economics and Finance 34 (2017) 4, pp. 466-484
–urban income inequality and poverty for BRICS economies. Design/methodology/approach Pedroni’s panel co-integration test and panel … long-run relationship among infrastructure development, poverty and rural–urban inequality. The PDOLS results suggest that … both infrastructure development and economic growth lead to poverty reduction in BRICS. However, rural–urban income …
Persistent link: https://www.econbiz.de/10015014066