The study is to assess the relationships among the foreign exchange market, money market, and stock market in Ghana extending from January 2000 to March 2015, using the Autoregressive Distributed Lag framework and error correction methodology. The results indicate that there is a long-run...

This paper employs the cointegration and Vector Error Correction (VEC) methodology to explore exchange rate modeling in Ghana, by considering the interactions between the goods and capital assets market, using monthly data spanning from January 1997 to December 2007. The empirical evidence...

This paper explores dynamic correlation and interdependence of five global REIT markets using multivariate wavelet methods. United States, Hong Kong, Belgium, South Africa and Australia’s daily REITs returns are used as proxies for North America, Asia, Europe, Africa and the Oceania...

In three different ways of lead–lag causal relationship, covariance/correlation and coherence, we apply the wavelets analysis via the Continuous Morlet Wavelet Transform to delineate the significant frequency–time domain lead–lag relationships for the West African Monetary Zone member...