The Financial cost of rivalry: A tale of two South Asian neighbours

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dc.contributor Hanken School of Economics, Finance, Helsinki en
dc.contributor Hanken School of Economics, Finance, Helsinki en
dc.contributor.author Ahmed, Sheraz
dc.contributor.author Hussain, Mujahid
dc.date.accessioned 2016-03-30T09:31:02Z
dc.date.available 2016-03-30T09:31:02Z
dc.date.issued 2014
dc.identifier.citation Ahmed , S & Hussain , M 2014 , ' The Financial cost of rivalry: A tale of two South Asian neighbours ' Emerging Markets Finance and Trade , vol 50 , no. Supplement 3 , pp. 35-60 . DOI: 10.2753/REE1540-496X5003S303 en
dc.identifier.issn 1540-496X
dc.identifier.other PURE: 2469865
dc.identifier.other PURE UUID: 4c919752-4c3a-4b25-bb50-05038e2bc9c4
dc.identifier.uri http://hdl.handle.net/10138/161034
dc.description.abstract This paper examines the impact of bilateral political and military news on the returns and volatility of the stock markets of India and Pakistan. Our results show that the volatility of both stock markets shows a significant reaction on the arrival of the news related to military aggression in a reciprocal way. Moreover, while the Indian stock market’s volatility seems to show a subdued response to bilateral political news, the Pakistani stock market appears to be sensitive to both political and military news originating from either country. The relatively stronger impact of military events can be attributed to a higher financial cost of confrontation between two countries. en
dc.format.extent 26
dc.language.iso eng
dc.publisher M.E.Sharpe
dc.relation.ispartof Emerging Markets Finance and Trade
dc.rights en
dc.subject 512 Business and Management en
dc.subject KOTA2014 en
dc.subject KOTA2014 en
dc.title The Financial cost of rivalry: A tale of two South Asian neighbours en
dc.type A1 Refereed journal article, original research
dc.identifier.doi http://dx.doi.org/10.2753/REE1540-496X5003S303
dc.type.uri info:eu-repo/semantics/article
dc.contributor.pbl

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