Stocks and shocks

How do stock markets respond to extreme events? This paper analyzes the reaction of stock markets in four industrialized economies (Italy, the Netherlands, Sweden, the US) to ten major international crises. We employ an event study to investigate whether the stock exchanges react differently with r...

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Bibliographic Details
Main Authors: Bert Scholtens, Marélie Steensma
Format: Article
Language:English
Published: Associazione Economia civile 2012-04-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9914