Terrorism is a major issue in the 21st century. In this paper we examine the effect of terrorism on the stock market …. We go beyond previous studies to explore the spectre of terrorism on the market rather than terrorist activities. Using a … narrative-based approach à la Shiller (2019), we find that the spectre of terrorism during the Northern Ireland Troubles reduced …

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 …

This study examines the impact of terrorism on stock returns and volatility from an econometric perspective. Taking …-varying volatility effect. The attacks are chosen based on the number of civilians killed, whether the attacks are targeted at … attacks and the volatility of stock returns is also significant when all types of attacks are put together, though the results …

. -- 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 …