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We examine the effects of the North Korea-U.S. summit and related events on the South Korean stock market over the period March 2018 to June 2018. Employing the event study methodology, we estimate sectoral abnormal returns following the events surrounding the summit and conduct several...
Persistent link: https://www.econbiz.de/10014232764
We assess the effect of the recent royal wedding of Prince Harry and Meghan Markle on various sectors of the UK stock market over the period between November 2017 and May 2018. For this purpose, the event study methodology is used to estimate abnormal returns and conduct several robustness tests...
Persistent link: https://www.econbiz.de/10013373011
Persistent link: https://www.econbiz.de/10011667445
This paper examines the finance growth link of two low-income Sub-Saharan African economies - Ethiopia and Kenya … explains economic growth in Kenya. For Ethiopia, which has no stock market, intermediary development is found to be driven by … economic growth. Three important inferences can be made from these findings. First, the often reported positive link between …
Persistent link: https://www.econbiz.de/10011869637
Persistent link: https://www.econbiz.de/10011631358