Financial crisis and African stock market integration
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This article examines long-run relationships and short-run dynamic causal linkages among the five largest emerging African stock markets and the US market, with particular attention to the 1997-1998 global emerging market crisis. In general, interdependence between the African markets and the influence of the US on these markets was limited during 1996-2002. There is evidence that both long-run relationships and short-run causal linkages between these markets were substantially weakened after the crisis.
Applied Economics Letters
author list (cited authors)
Wang, Z., Yang, J., & Bessler, D. A.
complete list of authors
Wang, Z||Yang, J||Bessler, DA