The asymmetric effects of cross-border equity flow volatility on equity market returns in SANEK countries

We investigated the effects of cross-border equity flow volatility (EFV) on equity market returns (EMR) in SANEK countries (South Africa, Nigeria, Egypt, and Kenya) using the nonlinear autoregressive distributed lag (NARDL) model from 2000Q1 to 2021Q4. This model includes macro-finance variables suc...

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Bibliographic Details
Main Authors: Dumisani Pamba, Sophia Mukorera, Peter Moores-Pitt
Format: Article
Language:English
Published: AIMS Press 2025-01-01
Series:Quantitative Finance and Economics
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Online Access:https://www.aimspress.com/article/doi/10.3934/QFE.2025002
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