Beaulieu, Marie-claude; Cosset, Jean-Claude; Essaddam, … - Centre Interuniversitaire sur le Risque, les Politiques … - 2002
This paper examines the impact of political risk in Canada on the volatility of stock returns. Our results suggest that political news associated with a possible separation of Quebec from Canada plays an important role in the volatility of stock returns. We also show that the volatility of stock...