This paper analyzes the effects of terrorist attacks on stock market. Especially, we investigate the impact of terrorist attacks produced in Tunisia on the Tunisian stock market. Considering the period from 11 May 2011 to 14 March 2016 and relying on an event study methodology, we find that the...

The main objective of this work is to study the relationship between monetary policy and financial markets. We applied a VECM to analyze the data over the period from January 2011 to December 2017. Results show an homogeneity in the reaction of some sectoral indexes to monetary policy. This...

The negotiations on a deep and comprehensive free trade area between Tunisia and the European Union (EU) - also known by its French acronym "Projet d'accord de libre-échange complet et approfondi" (ALECA) - have been ongoing since 2015. Beyond the bilateral reduction of tariffs and quotas, the...

In the space of just nine months, Tunisia's President Kais Saied has centralised power and dismantled the institutions established by the young democracy since the revolution of 2011. His new constitution establishing a "New Republic" will be put to a referendum on 25 July 2022. Saied’s plans...