Global and country-specific geopolitical risk uncertainty and stock return of fragile emerging economies
This study examines nonlinear effects of global and country-specific geopolitical risk uncertainty on stock returns of Brazil, India, Indonesia, South Africa, and Turkey, employing a three-regime Markov-switching approach. This study discovers that the Markov-switching model captured the impacts of...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2020-09-01
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| Series: | Borsa Istanbul Review |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845020300259 |