Relationship Among Political Instability, Stock Market Returns And Stock Market Volatility
This study investigated the relationship of political instability with the stock prices. Results of the study indicated the negative relationship of stock prices with political instability. Moreover, results of suggested that instable political system ultimately leads decline in stock prices. Inflation has shown negative relationship with stock prices whereas, industrial production and Exports have positive relationship with stock prices.
Volume (Year): 12 (2017)
Issue (Month): 2 (August)
|Contact details of provider:|| Postal: Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No 17, postal code 550324, Sibiu, Romania|
Phone: 004 0269 210375
Fax: 004 0269 210375
Web page: http://economice.ulbsibiu.ro/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Guillaumont, Patrick & Jeanneney, Sylviane Guillaumont & Brun, Jean-Francois, 1999.
"How Instability Lowers African Growth,"
Journal of African Economies,
Centre for the Study of African Economies (CSAE), vol. 8(1), pages 87-107, March.
- Jean-François BRUN & Patrick GUILLAUMONT & Sylviane GUILLAUMONT JEANNENEY, 1997. "How Instability Lowers African Growth ?," Working Papers 199712, CERDI.
- Jean-François BRUN & Patrick GUILLAUMONT & Sylviane GUILLAUMONT JEANNENEY, 1998. "How Instability Lowers African Growth," Working Papers 199806, CERDI.
- Bussiere, Matthieu & Mulder, Christian, 2000. "Political Instability and Economic Vulnerability," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 5(4), pages 309-330, October.
- Christian B. Mulder & Matthieu Bussière, 1999. "Political Instability and Economic Vulnerability," IMF Working Papers 99/46, International Monetary Fund.
- repec:cup:apsrev:v:71:y:1977:i:04:p:1467-1487_26 is not listed on IDEAS
- Peter Klibanoff & Owen Lamont & Thierry A. Wizman, 1998. "Investor Reaction to Salient News in Closed-End Country Funds," Journal of Finance, American Finance Association, vol. 53(2), pages 673-699, 04.
- Peter Klibanoff & Owen Lamont & Thierry A. Wizman, "undated". "Investor Reaction to Salient News in Closed-End Country Funds," CRSP working papers 346, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Peter Klibanoff & Owen Lamont & Thierry A. Wizman, 1996. "Investor Reaction to Salient News in Closed-End Country Funds," NBER Working Papers 5588, National Bureau of Economic Research, Inc.
- Gyimah-Brempong, Kwabena & Traynor, Thomas L, 1999. "Political Instability, Investment and Economic Growth in Sub-Saharan Africa," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 8(1), pages 52-86, March.
- Juan C. Botero & Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "The Regulation of Labor," The Quarterly Journal of Economics, Oxford University Press, vol. 119(4), pages 1339-1382.
- Juan Botero & Simeon Djankov & Rafael LaPorta & Florencio López-de-Silanes & Andrei Shleifer, "undated". "The Regulation of Labor," Working Paper 19483, Harvard University OpenScholar.
- Botero, J. C. & Djankov, S. & Porta, R. L. & Lopez-de-Silanes, F. & Shleifer, Andrei, 2004. "The Regulation of Labor," Scholarly Articles 27867241, Harvard University Department of Economics.
- Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer & Juan Botero, 2003. "The Regulation of Labor," NBER Working Papers 9756, National Bureau of Economic Research, Inc.
- Campos, Nauro F. & Karanasos, Menelaos G., 2008. "Growth, volatility and political instability: Non-linear time-series evidence for Argentina, 1896-2000," Economics Letters, Elsevier, vol. 100(1), pages 135-137, July.
- Nauro F. Campos & Menelaos G. Karanasos, 2007. "Growth, Volatility and Political Instability: Non-Linear Time-Series Evidence for Argentina, 1896-2000," CEDI Discussion Paper Series 07-12, Centre for Economic Development and Institutions(CEDI), Brunel University.
- Campos, Nauro F & Karanasos, Menelaos G., 2007. "Growth, Volatility and Political Instability: Non-Linear Time-Series Evidence for Argentina, 1896–2000," IZA Discussion Papers 3087, Institute for the Study of Labor (IZA).
- Campos, Nauro F & Karanasos, Menelaos, 2007. "Growth, Volatility and Political Instability: Non-Linear Time-Series Evidence for Argentina, 1896-2000," CEPR Discussion Papers 6524, C.E.P.R. Discussion Papers.
- Tauchen, George E & Pitts, Mark, 1983. "The Price Variability-Volume Relationship on Speculative Markets," Econometrica, Econometric Society, vol. 51(2), pages 485-505, March.
- Jianping Mei & Limin Guo, 2004. "Political Uncertainty, Financial Crisis and Market Volatility," European Financial Management, European Financial Management Association, vol. 10(4), pages 639-657.
- Stephen R Foerster & John J Schmitz, 1997. "The Transmission of U.S. Election Cycles to International Stock Returns," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 28(1), pages 1-27, March.
- Erdinc Telatar & Funda Telatar & Tarkan Cavusoglu & Umur Tosun, 2010. "Political instability, political freedom and inflation," Applied Economics, Taylor & Francis Journals, vol. 42(30), pages 3839-3847.
- Mitchell, Mark L & Mulherin, J Harold, 1994. " The Impact of Public Information on the Stock Market," Journal of Finance, American Finance Association, vol. 49(3), pages 923-950, July.
- Wang, Jiang, 1994. "A Model of Competitive Stock Trading Volume," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 127-168, February.
- Fosu, A. K., 2001. "Political instability and economic growth in developing economies: some specification empirics," Economics Letters, Elsevier, vol. 70(2), pages 289-294, February.
- Fazal Hussain & Muhammad Ali Qasim, 1997. "The Pakistani Equity Market in 50 Years: A Review," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 36(4), pages 863-872.
- Pedro Santa-Clara & Rossen Valkanov, 2003. "The Presidential Puzzle: Political Cycles and the Stock Market," Journal of Finance, American Finance Association, vol. 58(5), pages 1841-1872, October.
- Justin Wolfers & Eric Zitzewitz, 2009. "Using Markets to Inform Policy: The Case of the Iraq War," Economica, London School of Economics and Political Science, vol. 76(302), pages 225-250, 04.
- Alesina, Alberto & Cohen, Gerald D. & Roubini, Nouriel, 1993. "Electoral business cycle in industrial democracies," European Journal of Political Economy, Elsevier, vol. 9(1), pages 1-23, March.
- Dhaneshwar Ghura & Benoît Mercereau, 2004. "Political Instability and Growth; The Central African Republic," IMF Working Papers 04/80, International Monetary Fund.
- David McMillan & Alan Speight, 2002. "Return-volume dynamics in UK futures," Applied Financial Economics, Taylor & Francis Journals, vol. 12(10), pages 707-713. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:blg:journl:v:12:y:2017:i:2:p:70-99. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mihaela Herciu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.