Arbeitspapier
The spectre of terrorism and the stock market
Terrorism is a major issue in the 21st century. In this paper we examine the effect of terrorism on the stock market. We go beyond previous studies to explore the spectre of terrorism on the market rather than terrorist activities. Using a narrative-based approach à la Shiller (2019), we find that the spectre of terrorism during the Northern Ireland Troubles reduced returns and increased volatility on the UK stock market.
- Sprache
-
Englisch
- Erschienen in
-
Series: QUCEH Working Paper Series ; No. 22-10
- Klassifikation
-
Wirtschaft
Mathematical and Quantitative Methods: General
Financial Markets and the Macroeconomy
Asset Pricing; Trading Volume; Bond Interest Rates
Behavioral Finance: General‡
Economic History: Financial Markets and Institutions: Europe: 1913-
- Thema
-
terrorism
stock market
returns
volatility
narratives
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hanna, Alan J.
Turner, John D.
Walker, Clive B.
- Ereignis
-
Veröffentlichung
- (wer)
-
Queen's University Centre for Economic History (QUCEH)
- (wo)
-
Belfast
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hanna, Alan J.
- Turner, John D.
- Walker, Clive B.
- Queen's University Centre for Economic History (QUCEH)
Entstanden
- 2022
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