Izzeldin, Marwan; Muradoglu, Yaz Gulnur; Pappas, Vasileios - 2022
On February 24, 2022, Russia invaded Ukraine. In this paper, we analyze the response of European and worldwide stock markets and a representative sample of commodities to this event and compare it against the recent Covid-19 pandemic and the not-too-distant 2008 global financial crisis. We...