Political Risk and Stock Market Volatility

Name: Political Risk and Stock Market Volatility
Availability: OutOfStock
ISBN: 9783845411811

ISBN-10: 3845411813

ISBN-13: 9783845411811

Edition: N/A

Authors: Muhammad Tahir Suleman

List price: $70.00

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Description:

Research on political risk tends to elucidate that political news affects ï¬nancial markets. Especially stock markets respond to new information regarding political decisions that may affect domestic and foreign policy. In this study, we examined the effect of good and bad political news on returns and volatility for this We employ the EGARCH model proposed by Engle and Victor (1991) as it allows good and bad news to have a different impact on volatility.Our result shows that good news has positive impact on the stock returns and also decreased the volatility.On the other hand, bad political news has negative influence on the returns (decrease the returns) and increase the volatility…

Book details

List price: $70.00
Publisher: Lap Lambert Academic Publishing GmbH & Company KG
Publication date: 7/21/2011
Binding: Paperback
Pages: 72
Size: 5.91" wide x 8.66" long x 0.17" tall
Weight: 0.330
Language: English

Tahir is PhD Finance Student. He hold M.Sc. Quantitative Finance degree from Hanken School of Economics, Finland and MS Financial Economics degree from University of Skovde, Sweden. Thair is currently working on financial market volatility.