What makes the stock market jump? An analysis of political risk on Hong Kong stock returns

By Harold Y. Kim, J. Mei. 2001

187 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/eb46ef84dfc9e98bd2ed0bbf48d463014065ac20

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Citations in the corpus

The impact of political risk on the volatility of stock returns: the case of Canada (2005, background): “To this end, our approach is in line with Niederhoffer (1971), Chan and Wei (1996), and Kim and Mei (2001). We examine the general news section of the Wall Street Journal Index and the cited articles appearing in the Wall Street Journal to determine the public announcement date of all events regardi”
The effects of transition and political instability on foreign direct investment inflows: Central Europe and the Balkans (2006, unknown): “Kutan and Zhou (1993, 1995) show that the intensity of political unrest in Poland preceding and during the economic reforms introduced during late 1980s and early 1990s affected foreign exchange returns and bid-ask spreads. They found that events that reflected political turmoil caused substantial d”
Political Uncertainty, Financial Crisis and Market Volatility (2004, unknown): “Bekaert and Harvey (2000) also discovered that the cost of capital always decreases after a capital market liberalization.2 (See also Bailey and Chung (1995).”
Detecting, quantifying and accessing impact of news events on Indian stock indices (2017, background): “In [16], Kim and Mei proposed to employ a components-jump volatility filter to investigate the possible market impact of political risk.”
Do cross-border mergers and acquisitions increase short-term market performance? The case of Chinese firms (2017, background): “The stock market is sensitive to any political risk associated with cross-border M&As, which is considered as an important signal, especially in emerging economies (Chan & Wei, 1996; Kim & Mei, 2001; Wang, Liu, & Wang, 2004).”
Stock Market Linkages in Emerging Markets: Implications for International Portfolio Diversification (2005, background): “Kim and Mei (2001) demonstrated that unexpected return jumps and changes in stock market volatility were associated with political news relating to the above events.”