Browsing Machakos University Journal of Science and Technology by Subject "holiday effect."

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    • The Effects of Holidays on the Ghanaian Equity Market 

      Kudjawu, Alexandra Fafali; Andoh, Charles; Kuttu, Saint (MksU Press, 2021-06)
      This paper sought to determine if the Ghanaian equity market is a semi-strong efficient market by investigating whether or not the holiday effect exists by adopting an ARMAX (2, 2) - GARCH (1, 1) model with 𝐺𝐿+innovation. ...