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This paper examines whether political events create, or resolve uncertainty in financial markets. In the few days following the surprise outcomes of the Brexit referendum and the 2016 U.S. presidential election, bid-ask spreads increase, quoted depth decreases, and volatility increases. We fail...
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In this paper, we analyse the response of Japan’s foreign exchange and stock markets to the outcomes of the Brexit referendum and the U.S. presidential election. We estimate the changes in returns of the daily exchange rates of the yen (JPY), the daily closing price index of the Nikkei and the...
Persistent link: https://www.econbiz.de/10011895792
This paper studies information diffusion in social media and the role of bots in shaping public opinions. Using Twitter data on the 2016 E.U. Referendum (“Brexit”) and the 2016 U.S. Presidential Election, we find that diffusion of information on Twitter is largely complete within 1-2 hours....
Persistent link: https://www.econbiz.de/10012918621
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This paper studies information diffusion in social media and the role of bots in shaping public opinions. Using Twitter data on the 2016 E.U. Referendum ("Brexit") and the 2016 U.S. Presidential Election, we find that diffusion of information on Twitter is largely complete within 1-2 hours....
Persistent link: https://www.econbiz.de/10012453088
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This article considers the possible outcomes of the 2000 Presidential election results and the consequences which the war in Iraq has generated in respect of US-Middle East relations, US- China-relations, US-UK relations, as well as the rest of the world. It also serves as a poignant reminder...
Persistent link: https://www.econbiz.de/10012981042