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 á 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

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Year of publication:	2023
Authors:	Walker, Clive ; Turner, John D. ; Hanna, Alan
Publisher:	[S.l.] : SSRN
Subject:	Terrorismus \| Terrorism \| Aktienmarkt \| Stock market \| Börsenkurs \| Share price \| Welt \| World \| Theorie \| Theory

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Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.4359881 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014257490