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dc.creatorVargas, Karen
dc.creatorGonzalez, Angelica
dc.creatorSilva, Jesus
dc.date.accessioned2021-01-22T23:48:34Z
dc.date.available2021-01-22T23:48:34Z
dc.date.issued2020
dc.identifier.urihttps://hdl.handle.net/11323/7757
dc.description.abstractGiven the rise of political uncertainty, it is important to develop an understanding of their effect on financial markets. We use a political risk measure to calculate their effect on stock markets based on a political risk measure. The political risk proxy is related to cross-country returns and two portfolios: one with upside and other with downside political risk. Time-series and cross-sectional analysis are conducted to measure the effectiveness of this measure on global markets. The results evidence that an increase in global political risk is negatively correlated with an upside portfolio containing global stock returns.spa
dc.format.mimetypeapplication/pdfspa
dc.language.isoengspa
dc.publisherCorporación Universidad de la Costaspa
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.sourceAdvances in Intelligent Systems and Computingspa
dc.subjectPolicy uncertaintyspa
dc.subjectAsset pricingspa
dc.subjectPolitical riskspa
dc.subjectStock marketsspa
dc.titleThe effect of global political risk on stock returns: A cross-sctional and a time-series analysisspa
dc.typearticlespa
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dc.type.hasVersioninfo:eu-repo/semantics/publishedVersionspa
dc.source.urlhttps://link.springer.com/chapter/10.1007/978-3-030-30465-2_60spa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.identifier.doihttps://doi.org/10.1007/978-3-030-30465-2_60


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