Details about Yegandi

Access statistics for papers by Yegandi.

Last updated 2022-11-01. Update your information in the RePEc Author Service.

Short-id: pal280

Working Papers

2022

1. Inclusive Growth in Sub-Saharan Africa: Exploring the Interaction Between ICT Diffusion and Financial Development
   MPRA Paper, University Library of Munich, Germany View citations (23)
   See also Journal Article Inclusive growth in Sub-Saharan Africa: Exploring the interaction between ICT diffusion and financial development, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2022) View citations (21) (2022)

2020

2. Unfolding the monetary policy rule in Ghana: quantile-based evidence within time-frequency framework
   MPRA Paper, University Library of Munich, Germany

2019

3. Monetary Policy Transparency in Ghana: Recent Evidence
   MPRA Paper, University Library of Munich, Germany

2018

4. Modelling heterogeneous speculation in Ghana’s foreign exchange market: Evidence from ARFIMA-FIGARCH and Semi-Parametric methods
   MPRA Paper, University Library of Munich, Germany View citations (1)

2014

5. The Effect of Climate Change on Economic Growth: Evidence from Sub-Saharan Africa
   WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (13)

2013

6. The Ghanian economy: and Overview
   MPRA Paper, University Library of Munich, Germany View citations (6)

2012

7. Stock returns and Inflation:Evidence from Quantile Regressions
   Discussion Paper Series, Department of Economics, University of Macedonia View citations (16)
   See also Journal Article Stock returns and inflation: Evidence from quantile regressions, Economics Letters, Elsevier (2012) View citations (24) (2012)

2010

8. Can Common Stocks Provide A Hedge Against Inflation? Evidence from African Countries
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (33)
   Also in Discussion Paper Series, Department of Economics, University of Macedonia (2010) View citations (32)
   Working Paper series, Rimini Centre for Economic Analysis (2010) View citations (33)
   Stirling Economics Discussion Papers, University of Stirling, Division of Economics (2010) View citations (33)
   See also Journal Article Can common stocks provide a hedge against inflation? Evidence from African countries, Review of Financial Economics, John Wiley & Sons (2010) View citations (4) (2010)
9. Causal Relationship between Stock Prices and Exchange Rates
   Discussion Paper Series, Department of Economics, University of Macedonia View citations (5)
   Also in Stirling Economics Discussion Papers, University of Stirling, Division of Economics (2010) View citations (5)
   See also Journal Article Causal relationship between stock prices and exchange rates, The Journal of International Trade & Economic Development, Taylor & Francis Journals (2011) View citations (25) (2011)
10. Persistence of Inflationary Shocks: Implications for West African Monetary Union Membership
    NBS Discussion Papers in Economics, Economics, Nottingham Business School, Nottingham Trent University View citations (5)
    Also in Stirling Economics Discussion Papers, University of Stirling, Division of Economics (2010) View citations (4)
    Working Papers, The University of Sheffield, Department of Economics (2010) View citations (4)
11. Why a Diversified Portfolio Should Include African Assets
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
    Also in Working Paper series, Rimini Centre for Economic Analysis (2010)
    Stirling Economics Discussion Papers, University of Stirling, Division of Economics (2010)
    See also Journal Article Why a diversified portfolio should include African assets, Applied Economics Letters, Taylor & Francis Journals (2011) View citations (8) (2011)

2009

12. Modelling stock returns in Africa's emerging equity markets
    Stirling Economics Discussion Papers, University of Stirling, Division of Economics View citations (25)
    Also in Discussion Paper Series, Department of Economics, University of Macedonia (2009) View citations (13)
    See also Journal Article Modelling stock returns in Africa's emerging equity markets, International Review of Financial Analysis, Elsevier (2009) View citations (23) (2009)
13. Variability in coal prices: evidence from the U.S
    Stirling Economics Discussion Papers, University of Stirling, Division of Economics

2008

14. Month-of-the-year and pre-holiday seasonality in African stock markets
    Stirling Economics Discussion Papers, University of Stirling, Division of Economics View citations (3)

2006

15. Calendar Anomalies in an Emerging African Market: Evidence from the Ghana Stock Exchange
    Discussion Paper Series, Department of Economics, Loughborough University View citations (9)

Journal Articles

2022

1. Exchange rate uncertainty and foreign direct investment in Africa: Does financial development matter?
   Review of Development Economics, 2022, 26, (2), 878-898 View citations (4)
2. Inclusive growth in Sub-Saharan Africa: Exploring the interaction between ICT diffusion and financial development
   EconStor Open Access Articles and Book Chapters, 2022, 46, (7) View citations (21)
   See also Working Paper Inclusive Growth in Sub-Saharan Africa: Exploring the Interaction Between ICT Diffusion and Financial Development, MPRA Paper (2022) View citations (23) (2022)
3. On the allocation puzzle and capital flows: Evidence from foreign direct investment and real sector growth in Africa
   African Development Review, 2022, 34, (3), 370-380
4. Re-examination of risk-return dynamics in international equity markets and the role of policy uncertainty, geopolitical risk and VIX: Evidence using Markov-switching copulas
   Finance Research Letters, 2022, 47, (PA) View citations (10)

2021

5. African equity markets’ exposure to oil and other commodities - implications for global portfolio diversification
   Journal of Economics and Finance, 2021, 45, (2), 288-315 View citations (5)
6. Asymmetry in food price responses to monetary policy: a quantile regression approach
   SN Business & Economics, 2021, 1, (3), 1-25 View citations (1)
7. Does petroleum resources or market size drive foreign direct investment in Africa? New evidence from time-series analysis
   Resources Policy, 2021, 71, (C) View citations (3)
8. Dynamics of Money Market Interest Rates in Ghana: Time‐Frequency Analysis of Volatility Spillovers
   South African Journal of Economics, 2021, 89, (4), 555-589
9. Estimating bank of Ghana’s policy responses in the context of Taylor rule: Is the inflation target realistic?
   Cogent Economics & Finance, 2021, 9, (1), 1988201
10. Exploration of safe havens for Africa's stock markets: A test case under COVID-19 crisis
    Finance Research Letters, 2021, 38, (C) View citations (13)
11. Financial development, portfolio investments and the real economy in Africa
    Economic Systems, 2021, 45, (4) View citations (4)
12. Herding behaviour in cryptocurrency and emerging financial markets
    Cogent Economics & Finance, 2021, 9, (1), 1933681 View citations (1)
13. Heterogeneous provincial prices and monetary policy in South Africa: A wavelet-based quantile regression analysis
    Central Bank Review, 2021, 21, (3), 87-103
14. Mergers, executive compensation and firm performance: The case of Africa
    Managerial and Decision Economics, 2021, 42, (2), 407-436 View citations (2)
15. Modelling Asymmetry and Leverage in Cryptocurrencies and Emerging Financial Markets
    Economic Papers, 2021, 40, (2), 152-166 View citations (1)
16. Private Capital Flows, Real Sector Growth and Institutional Quality in Africa
    Journal of International Development, 2021, 33, (1), 171-207 View citations (4)
17. The impact of sovereign credit ratings on Eurobond yields: Evidence from Africa
    Research in International Business and Finance, 2021, 58, (C) View citations (3)
18. What does corporate social advocacy signal? Evidence from boycott participation decisions
    EconStor Open Access Articles and Book Chapters, 2021, (forthcoming)

2020

19. Analysis of EEMD-based quantile-in-quantile approach on spot- futures prices of energy and precious metals in India
    Resources Policy, 2020, 68, (C) View citations (10)
20. Commodities price cycles and their interdependence with equity markets
    Energy Economics, 2020, 91, (C) View citations (15)
21. Dynamic Linkages and Economic Role of Leading Cryptocurrencies in an Emerging Market
    Asia-Pacific Financial Markets, 2020, 27, (4), 537-585 View citations (8)
22. Exploring the causal relationships and allocation puzzle between portfolio investments and real sector growth in Sub-Saharan Africa
    Research in International Business and Finance, 2020, 52, (C) View citations (5)
23. High- and low-level chaos in the time and frequency market returns of leading cryptocurrencies and emerging assets
    Chaos, Solitons & Fractals, 2020, 132, (C) View citations (3)
24. Interest Rate and Exchange Rate Volatility Spillovers: Multiscale Perspective of Monetary Policy Transmission in Ghana
    Journal of Central Banking Theory and Practice, 2020, 9, (1), 135-167 View citations (2)
25. Is the interest rate setting behaviour of the Bank of Ghana constrained by high debt levels?
    African Development Review, 2020, 32, (3), 459-471 View citations (2)
26. Monetary policy and food inflation in South Africa: A quantile regression analysis
    Food Policy, 2020, 91, (C) View citations (11)
27. Revisiting interest rate and lending channels of monetary policy transmission in the light of theoretical prescriptions
    Central Bank Review, 2020, 20, (4), 183-192 View citations (7)
28. Risks in emerging markets equities: Time-varying versus spatial risk analysis
    Physica A: Statistical Mechanics and its Applications, 2020, 542, (C) View citations (2)
29. Shape-shift contagion in emerging markets equities: evidence from frequency- and time-domain analysis
    Economics and Business Letters, 2020, 9, (3), 146-156
30. Structural transformation in the presence of trade and financial integration in sub–Saharan Africa
    Central Bank Review, 2020, 20, (1), 21-31 View citations (6)
31. Testing for asymmetry in monetary policy rule for small-open developing economies: Multiscale Bayesian quantile evidence from Ghana
    The Journal of Economic Asymmetries, 2020, 22, (C) View citations (2)

2019

32. Dollarization, Inflation Targeting, and Inflationary Dynamics in Ghana
    Journal of African Business, 2019, 20, (3), 358-375 View citations (4)
33. Executive compensation and firm risk after successful mergers and acquisitions in Africa
    Managerial and Decision Economics, 2019, 40, (6), 672-703 View citations (3)
34. Mergers and executive compensation changes: Evidence from African markets
    Research in International Business and Finance, 2019, 48, (C), 397-419 View citations (2)
35. Multiresolution analysis and spillovers of major cryptocurrency markets
    Research in International Business and Finance, 2019, 49, (C), 191-206 View citations (52)
36. Time-frequency analysis of behaviourally classified financial asset markets
    Research in International Business and Finance, 2019, 50, (C), 54-69 View citations (6)
37. Wavelet time-scale persistence analysis of cryptocurrency market returns and volatility
    Physica A: Statistical Mechanics and its Applications, 2019, 514, (C), 105-120 View citations (28)

2018

38. African stock markets in the midst of the global financial crisis: Recoupling or decoupling?
    Research in International Business and Finance, 2018, 46, (C), 166-180 View citations (6)
39. Currency Substitution And Stability Of Money Demand In Ghana
    Journal of Developing Areas, 2018, 52, (2), 41-53
40. Do mergers and acquisitions announcements create value for acquirer shareholders in Africa
    International Journal of Finance & Economics, 2018, 23, (4), 606-627 View citations (10)
41. Effect of financial development on economic growth in sub-Saharan Africa
    Journal of Policy Modeling, 2018, 40, (6), 1104-1125 View citations (88)
42. Electricity crisis and the effect of CO2 emissions on infrastructure-growth nexus in Sub Saharan Africa
    Renewable and Sustainable Energy Reviews, 2018, 94, (C), 945-958 View citations (21)
43. Interdependence structure of precious metal prices: A multi-scale perspective
    Resources Policy, 2018, 59, (C), 427-434 View citations (11)
44. Non-linear approach to Random Walk Test in selected African countries
    International Journal of Managerial Finance, 2018, 14, (3), 362-376 View citations (14)
45. Nonlinearities in financial development–economic growth nexus: Evidence from sub-Saharan Africa
    Research in International Business and Finance, 2018, 46, (C), 95-104 View citations (51)
46. Optimal Deficit Financing in a Constrained Fiscal Space in Ghana
    African Development Review, 2018, 30, (3), 291-303 View citations (5)
47. Systemic Risks Spillovers and Interdependence among Stock Markets: International Evidence with Covar‐Copulas
    South African Journal of Economics, 2018, 86, (1), 82-112 View citations (6)
48. The Nature of the finance–growth relationship: Evidence from a panel of oil-producing countries
    Economic Analysis and Policy, 2018, 60, (C), 89-102 View citations (2)
49. The nexus between infrastructure (quantity and quality) and economic growth in Sub Saharan Africa
    International Review of Applied Economics, 2018, 32, (5), 641-672 View citations (17)

2017

50. Co-movement of Africa’s equity markets: Regional and global analysis in the frequency–time domains
    Physica A: Statistical Mechanics and its Applications, 2017, 468, (C), 359-380 View citations (6)
51. Commodity-driven integration of stock markets in Africa
    Applied Economics Letters, 2017, 24, (11), 784-789 View citations (3)
52. Currency price risk and stock market returns in Africa: Dependence and downside spillover effects with stochastic copulas
    Journal of Multinational Financial Management, 2017, 41, (C), 92-114 View citations (11)
53. Financial Development, Growth Volatility and Information Asymmetry in Sub†Saharan Africa: Does Law Matter?
    South African Journal of Economics, 2017, 85, (4), 570-588 View citations (77)
54. Financial sector development, economic volatility and shocks in sub-Saharan Africa
    Physica A: Statistical Mechanics and its Applications, 2017, 484, (C), 66-81 View citations (21)
55. How are Africa's emerging stock markets related to advanced markets? Evidence from copulas
    Economic Modelling, 2017, 60, (C), 1-10 View citations (29)
56. Impact of Macroeconomic Announcements on Foreign Exchange Volatility: Evidence from South Africa
    South African Journal of Economics, 2017, 85, (3), 405-429 View citations (4)
57. On the Causes and Effects of Exchange Rate Volatility on Economic Growth: Evidence from Ghana
    Journal of African Business, 2017, 18, (2), 169-193 View citations (53)
58. Should Africa’s emerging markets still be considered as a separate asset class?
    Applied Economics Letters, 2017, 24, (1), 61-66 View citations (2)

2016

59. African stock markets convergence: Regional and global analysis
    Finance Research Letters, 2016, 18, (C), 317-321 View citations (3)
60. Complementarity of Fundamental and Technical Analysis of JSE-Listed Stocks: An Empirical Appraisal
    Studies in Economics and Econometrics, 2016, 40, (1), 21-40
61. Global commodities and African stocks: A ‘market of one?’
    International Review of Financial Analysis, 2016, 44, (C), 226-237 View citations (14)
62. Maturity Effects in Futures Contracts on the SAFEX Market
    Agrekon, 2016, 55, (4), 331-355 View citations (1)
63. On the temporary and permanent components of global construction
    Applied Economics Letters, 2016, 23, (4), 284-289 View citations (1)
64. The relationship between financial sector development and savings mobilisation in South Africa: An empirical study
    Development Southern Africa, 2016, 33, (5), 703-718 View citations (2)

2015

65. On the Sustainability and Synchronization of Fiscal Policy in Latin America
    Latin American Journal of Economics-formerly Cuadernos de Economía, 2015, 52, (2), 213-240 View citations (1)

2012

66. Inflationary shocks and common economic trends: Implications for West African monetary union membership
    Journal of Policy Modeling, 2012, 34, (3), 460-475 View citations (46)
67. Stock returns and inflation: Evidence from quantile regressions
    Economics Letters, 2012, 117, (1), 283-286 View citations (24)
    See also Working Paper Stock returns and Inflation:Evidence from Quantile Regressions, Discussion Paper Series (2012) View citations (16) (2012)
68. Trends And Cycles In The Net Barter Terms Of Trade For Sub-Saharan Africa's Primary Commodity Exporters
    Journal of Developing Areas, 2012, 46, (2), 213-229

2011

69. Causal relationship between stock prices and exchange rates
    The Journal of International Trade & Economic Development, 2011, 20, (1), 67-86 View citations (25)
    See also Working Paper Causal Relationship between Stock Prices and Exchange Rates, Discussion Paper Series (2010) View citations (5) (2010)
70. Return behaviour in Africa's emerging equity markets
    The Quarterly Review of Economics and Finance, 2011, 51, (2), 133-140 View citations (18)
71. Why a diversified portfolio should include African assets
    Applied Economics Letters, 2011, 18, (14), 1333-1340 View citations (8)
    See also Working Paper Why a Diversified Portfolio Should Include African Assets, Koç University-TUSIAD Economic Research Forum Working Papers (2010) (2010)

2010

72. Can common stocks provide a hedge against inflation? Evidence from African countries
    Review of Financial Economics, 2010, 19, (3), 91-100 View citations (4)
    Also in Review of Financial Economics, 2010, 19, (3), 91-100 (2010) View citations (32)
    See also Working Paper Can Common Stocks Provide A Hedge Against Inflation? Evidence from African Countries, Koç University-TUSIAD Economic Research Forum Working Papers (2010) View citations (33) (2010)
73. Editorial
    Journal of Economic Policy Reform, 2010, 13, (1), 1-2

2009

74. Are African Stock Markets Integrated with the Rest of the World?
    The African Finance Journal, 2009, 11, (1), 37-53 View citations (13)
75. Calendar Anomalies in the Ghana Stock Exchange
    Journal of Emerging Market Finance, 2009, 8, (1), 1-23 View citations (20)
76. Modelling stock returns in Africa's emerging equity markets
    International Review of Financial Analysis, 2009, 18, (1-2), 1-11 View citations (23)
    See also Working Paper Modelling stock returns in Africa's emerging equity markets, Stirling Economics Discussion Papers (2009) View citations (25) (2009)
77. Relationship between stock returns and inflation
    Applied Economics Letters, 2009, 16, (14), 1403-1408 View citations (8)

2008

78. Nominal Exchange Rates and Price Convergence in the West African Monetary Zone
    International Journal of Business and Economics, 2008, 7, (3), 181-198 View citations (13)

2007

79. Return Dynamics in North African Stock Markets
    The African Finance Journal, 2007, 9, (1), 39-52

Chapters

2022

1. Islamic Banking and Finance in Africa
   Palgrave Macmillan
2. Monetary Policy and Price Stability in Ghana’s Fourth Republic: Have the Dues Been Paid?
   Springer

2021

3. Threshold effects of financial access on income inequality in Africa: empirics and policy implications
   Chapter 12 in Inclusive Financial Development, 2021, pp 241-264

2017

4. The Stock Market Development and Economic Growth Puzzle: Empirical Evidence from Africa
   Palgrave Macmillan View citations (1)