The purpose of this study was to determine the determine the relationship between stock market volatility and the corporate bond market in Kenya using daily, monthly and quarterly time series data for the period January 2009 to December 2014. The study used descriptive research design. Secondary data were collected from the Nairobi Securities Exchange. Unit root tests using ADF and Phillips-Perron tests were done to test for stationarity of the time series data. Normality tested by JB statistics. Correlation analysis revealed that stock market volatility are negatively related with the corporate bond market. GARCH (1, 1) models were estimated to determine Download
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