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indicate that the volatility of stock market returns is increased in all cases examined. …
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Terrorism plays a pivotal role in influencing the stock indexes of many countries. This research article claims to be … of macroeconomic volatility. This research utilized a Non-linear autoregressive distributive lag model (NARDL) to find …
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2). Monthly level data representing macroeconomic volatility has been incorporated from the trading economics website …
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. -- terrorism ; volatility ; GARCH ; event study … time variation of stock return volatility (GARCH). In the long-term, our results suggest that the US defense firms only …
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