Matches in SemOpenAlex for { <https://semopenalex.org/work/W3144702952> ?p ?o ?g. }
Showing items 1 to 79 of
79
with 100 items per page.
- W3144702952 abstract "The 2007 sub-prime crisis and the adoption of Millennium trading platform represent two of the most important recent structural developments for the Johannesburg Stock Exchange (JSE). Under an environment of flexible and volatile exchange rates, this study seeks to examine the effects of these two structural events on the exchange rate-equity returns nexus for 4 JSE indices using the nonlinear autoregressive distributive lag (N-ARDL) cointegration. We use monthly data collected from 2000:M01 to 2017:M12, and conduct our empirical analysis over sub-periods corresponding to breaks caused by the crisis and the use of a new trading platform. We find prior the crisis exchange rates appreciations generally cause stock returns whereas depreciations are unlikely to cause stock returns to decrease. However, during crisis period this relationship entire disappears whilst resurfacing subsequent to the adoption of a new trading platform although the dynamics of the time series differs between sectors. Our overall empirical results caution regulatory authorities to closely monitor stock market developments as the new trading platform offers market participants opportunities of using the exchange rate to beat the market." @default.
- W3144702952 created "2021-04-13" @default.
- W3144702952 creator A5008196047 @default.
- W3144702952 date "2018-01-01" @default.
- W3144702952 modified "2023-09-23" @default.
- W3144702952 title "Structural changes in exchange rate-stock returns dynamics in South Africa: Examining the role of crisis and new trading platform" @default.
- W3144702952 hasPublicationYear "2018" @default.
- W3144702952 type Work @default.
- W3144702952 sameAs 3144702952 @default.
- W3144702952 citedByCount "0" @default.
- W3144702952 crossrefType "posted-content" @default.
- W3144702952 hasAuthorship W3144702952A5008196047 @default.
- W3144702952 hasConcept C10138342 @default.
- W3144702952 hasConcept C106159729 @default.
- W3144702952 hasConcept C139719470 @default.
- W3144702952 hasConcept C144133560 @default.
- W3144702952 hasConcept C145162277 @default.
- W3144702952 hasConcept C149782125 @default.
- W3144702952 hasConcept C162324750 @default.
- W3144702952 hasConcept C166957645 @default.
- W3144702952 hasConcept C17744445 @default.
- W3144702952 hasConcept C186008389 @default.
- W3144702952 hasConcept C199539241 @default.
- W3144702952 hasConcept C199728807 @default.
- W3144702952 hasConcept C200870193 @default.
- W3144702952 hasConcept C204036174 @default.
- W3144702952 hasConcept C205649164 @default.
- W3144702952 hasConcept C2776988154 @default.
- W3144702952 hasConcept C2778300220 @default.
- W3144702952 hasConcept C2779343474 @default.
- W3144702952 hasConcept C2780299701 @default.
- W3144702952 hasConcept C556758197 @default.
- W3144702952 hasConceptScore W3144702952C10138342 @default.
- W3144702952 hasConceptScore W3144702952C106159729 @default.
- W3144702952 hasConceptScore W3144702952C139719470 @default.
- W3144702952 hasConceptScore W3144702952C144133560 @default.
- W3144702952 hasConceptScore W3144702952C145162277 @default.
- W3144702952 hasConceptScore W3144702952C149782125 @default.
- W3144702952 hasConceptScore W3144702952C162324750 @default.
- W3144702952 hasConceptScore W3144702952C166957645 @default.
- W3144702952 hasConceptScore W3144702952C17744445 @default.
- W3144702952 hasConceptScore W3144702952C186008389 @default.
- W3144702952 hasConceptScore W3144702952C199539241 @default.
- W3144702952 hasConceptScore W3144702952C199728807 @default.
- W3144702952 hasConceptScore W3144702952C200870193 @default.
- W3144702952 hasConceptScore W3144702952C204036174 @default.
- W3144702952 hasConceptScore W3144702952C205649164 @default.
- W3144702952 hasConceptScore W3144702952C2776988154 @default.
- W3144702952 hasConceptScore W3144702952C2778300220 @default.
- W3144702952 hasConceptScore W3144702952C2779343474 @default.
- W3144702952 hasConceptScore W3144702952C2780299701 @default.
- W3144702952 hasConceptScore W3144702952C556758197 @default.
- W3144702952 hasLocation W31447029521 @default.
- W3144702952 hasOpenAccess W3144702952 @default.
- W3144702952 hasPrimaryLocation W31447029521 @default.
- W3144702952 hasRelatedWork W1530977431 @default.
- W3144702952 hasRelatedWork W1538597460 @default.
- W3144702952 hasRelatedWork W1908178053 @default.
- W3144702952 hasRelatedWork W2014143875 @default.
- W3144702952 hasRelatedWork W2033037825 @default.
- W3144702952 hasRelatedWork W2033154345 @default.
- W3144702952 hasRelatedWork W2059856226 @default.
- W3144702952 hasRelatedWork W2060558620 @default.
- W3144702952 hasRelatedWork W2259552282 @default.
- W3144702952 hasRelatedWork W2398803623 @default.
- W3144702952 hasRelatedWork W2572097278 @default.
- W3144702952 hasRelatedWork W2620965689 @default.
- W3144702952 hasRelatedWork W2801885354 @default.
- W3144702952 hasRelatedWork W2898101110 @default.
- W3144702952 hasRelatedWork W2947497800 @default.
- W3144702952 hasRelatedWork W3109598245 @default.
- W3144702952 hasRelatedWork W3125685574 @default.
- W3144702952 hasRelatedWork W3150593495 @default.
- W3144702952 hasRelatedWork W3169990351 @default.
- W3144702952 hasRelatedWork W3043702325 @default.
- W3144702952 isParatext "false" @default.
- W3144702952 isRetracted "false" @default.
- W3144702952 magId "3144702952" @default.
- W3144702952 workType "article" @default.