An Examination of the Effects of Major Political Change on Stock Market Volatility : The South African Experience
AbstractPrior to President de Klerk's historic announcement on February 2 1990 of fundamental political change, South Africa was the subject of extreme economic and political isolation. As a result of this announcement, it would be expected that South Africa's financial markets transformed from a state of segmentation to a degree of integration in world makets. One means of assessing the possible effects of this major political change is by investigating stock market volatility.
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Bibliographic InfoPaper provided by Melbourne - Centre in Finance in its series Papers with number 97-4.
Length: 23 pages
Date of creation: 1997
Date of revision:
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Postal: Centre in Finance, Department of Economics and Finance, Faculty of Business, RMIT GPO Box 2476V Melbourne, Vic 3000 Australia.
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Fax: +61 3 9925 5986
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SOUTH AFRICA ; POLITICS;
Other versions of this item:
- Brooks, Robert D. & Davidson, Sinclair & Faff, Robert W., 1997. "An examination of the effects of major political change on stock market volatility: the South African experience," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 7(3), pages 255-275, October.
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
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