stock reaction to important events during the Korean War. Aircraft stocks responded favorably to events implying a … continuation of the war and negatively to events implying a cessation of hostilities. Furthermore, their accounting profits … improved substantially relative to pre-war years and to the median of the largest 500 U.S. corporations. This increase may …

-type stress testing by using the fitted asset price models. In so doing, we use data from Korea and U.S. so that asset price …

the recently published VKOSPI (in Korea) – and their stock market indices, the authors find an asymmetric volatility …

model-free implied volatility indices - VIX (the U.S.) and VKOSPI (Korea) - and their corresponding stock market indices, we …