Do terrorist attacks harm financial markets? A meta-analysis of event studies and the determinants of adverse impact
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DOI: 10.1016/j.gfj.2018.06.003
Abstract: Abstract This study reassesses the common belief that terrorist attacks destabilize financial markets, by analyzing event studies covering 10,576 individual attacks and 141,665 nonattack days across 72 stock and foreign exchange markets in 36 countries… read more here.
Keywords: terrorist attacks; event studies; adverse impact; financial markets ... See more keywords