When bad news is good news: Geopolitical risk and the cross-section of emerging market stock returns

A Zaremba, N Cakici, E Demir, H Long - Journal of Financial Stability, 2022 - Elsevier
Using a news-based gauge of geopolitical risk, we study its role in asset pricing in global
emerging markets. We find that changes in risk positively predict future stock returns. The …

How do sectoral Islamic equity markets react to geopolitical risk, economic policy uncertainty, and oil price shocks?

MB Hasan, MK Hassan, A Alhomaidi - The Journal of Economic …, 2023 - Elsevier
This study explores the impact of three major risk and uncertainty indices (Geopolitical Risk
(GPR), Economic Policy Uncertainty (EPU), and Oil Market Volatility (OVX)) on the Dow …

Geopolitical risk and Stock-Bond interplay: a comparative study of Islamic and conventional assets in the GCC

C Aloui, L Al-Kayed, A Asadov… - Defence and Peace …, 2024 - Taylor & Francis
Undoubtedly, financial markets are not only affected by common economic, financial and
behavioral factors but also by other global risk shocks. In this paper, we investigate the …

An investigation of time varying market efficiency: evidence from STOXX Europe Christian index

T Yousaf, S Farooq, AM Mehta - International Journal of Ethics and …, 2021 - emerald.com
Purpose The purpose of this study is to investigate whether the STOXX Europe Christian
price index (SECI) follows the premise of efficient market hypothesis (EMH) …

How do sectoral Islamic equity markets react to geopolitical risk, economic policy uncertainty, and oil price shocks? Using Quantile on Quantile regression analysis

MK Hassan, A Alhomaidi, MB Hasan - Economic Policy Uncertainty …, 2022 - papers.ssrn.com
Our study extends the existing literature by exploring the impact of three major risk and
uncertainty indices on the Dow Jones Islamic Market (DJIM) World and the ten major …

KÜRESEL VE ÜLKEYE ÖZGÜ JEOPOLİTİK RİSKLERİN HİSSE SENEDİ PİYASALARINA DOĞRUSAL OLMAYAN ETKİLERİ

S Güngör, E Erer - Kafkas Üniversitesi İktisadi ve İdari Bilimler …, 2022 - dergipark.org.tr
Bu çalışmada Ocak-1998-Şubat 2022 dönemi için Avrupa Birliği ülkelerinde küresel ve
ülkeye özgü jeopolitik risklerin hisse senedi piyasaları üzerindeki etkilerinin araştırılması …

FTSE BURSA MALAYSIA HIJRAH SHARIAH INDEX AND UNCERTAINTY INDEX: EVIDENCE FROM AUTOREGRESSIVE DISTRIBUTED LAG (ARDL) MODEL AND …

JR Francis, RCJ Chia - Labuan Bulletin of International …, 2024 - jurcon.ums.edu.my
The performance of financial markets is influenced by a myriad of factors and one of them is
uncertainty. Uncertainty is said to be a great predictor of both the returns and volatility of …

Impact of Geopolitical Risk on Islamic Sectoral Indices: Evidence from ARDL and NARDL model

A Khokhar, SK Oad Rajput - Impact of Geopolitical Risk on Islamic …, 2021 - papers.ssrn.com
This study extends the literature concerning symmetry and asymmetry in the GPR-stock
relationship by putting forward a new perspective on Islamic sector-based heterogeneity. We …