We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has … risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK … index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the …

Purpose - This paper aims to consider the role of geopolitical risk in explaining tourism demand in India, a major … tourist destination of the Asian region. Furthermore, the study also considers how in addition to geopolitical risk, economic …/methodology/approach - The Bayer and Hanck (2013) method of cointegration is applied to explore the relationship between geopolitical risk and …

level of geopolitical risk at the time of the FOMC announcement. The S&P500 falls and credit spreads rise by more, while … bank balance sheets contract, if geopolitical risk is above its sample median in the quarter or month of the shock. The … state-dependent effects are due to a tightening of credit- and risk-related national financial conditions and imply that …