The risk-return relationship in the South Africa stock market - African ...

Table of Contents1 Introduction ..............................................................................................................12 Literature review.......................................................................................................23 Methodology and data .............................................................................................43.1 Model............................................................................................................43.2 Data..............................................................................................................64 Empirical Results .....................................................................................................75 Conclusion................................................................................................................9References ............................................................................................................................11Appendix ...............................................................................................................................13List of TablesTable 1 Variables’ descriptive statistics ..............................................................................7Table 2 GARCH(1,1)-M model results................................................................................9Table A2 Variables’ descriptions.........................................................................................13ii