The impacts of rare disasters on asset returns and risk premiums in advanced economies (1870–2015)

NguyenHuu, Tam

doi:10.1016/j.frl.2021.102118

Cited by 2 publications

(2 citation statements)

References 18 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In quantifying GPRs, the media-based GPR index of Caldara and Iacoviello (2022) has some advantages over the index used by the International Crisis Behaviour database (ICB), which lists manually military-security crises (NguyenHuu, 2022). First, in comparison to the ICB, the GPR index can provide a more accurate picture of how investors perceive geopolitical instability because major newspapers are quickly updated and are closely related to investors' interests.…”

Section: Gprsmentioning

confidence: 99%

Geopolitical risks and financial stress in emerging economies

NguyenHuu,

Örsal

2023

World Economy

Self Cite

View full text Add to dashboard Cite

We investigate the impacts of geopolitical risks (GPRs) on financial stress (FS) in major emerging economies from 1985 to 2019. Applying a recently developed panel quantile estimation method, we show that GPRs pose serious risks to the stability of the financial condition in emerging economies. Namely, when FS is already equal to or above average, GPRs intensify this instability to a remarkable degree. Nevertheless, GPRs do not ignite the stress when the financial situation is benign. In emerging economies, foreign exchange markets and, to a lesser extent, the banking industry and the debt market suffer more severe consequences of geopolitical tensions than the stock market. In contrast, advanced economies, represented by the Group of Seven (G7), have witnessed detrimental consequences of GPRs on their stock markets, but negligible effects on other parts of their financial systems.

show abstract

Section: Gprsmentioning

confidence: 99%

Geopolitical risks and financial stress in emerging economies

NguyenHuu,

Örsal

2023

World Economy

Self Cite

View full text Add to dashboard Cite

show abstract

“…The documents in Finance Research Letters analyze the relationship between GPR and cryptocurrencies (Aloui, Hamida, and Yarovaya, 2021;Colon et al, 2021), oil (Antonakakis et al, 2017), stock markets (Kannadhasan and Das, 2020;Abakah et al, 2021;Choi, 2021;NguyenHuu, 2021;Phan, Tran, and Iyke, 2021), and volatility (Gkillas, Gupta, and Wohar, 2018;Gkillas, Gupta, and Pierdzioch, 2020;Nonejad, 2021). Table 1 summarizes the literature overview above.…”

Section: Geopolitical Risk In the Literaturementioning

confidence: 99%

The Ascent of Geopolitics: Scientometric Analysis and Ramifications of Geopolitical Risk

Aysan

Polat

Tekin

et al. 2022

Defence and Peace Economics

View full text Add to dashboard Cite

In recent years, geopolitical risk (GPR) has been a crucial factor in investment decisions and stock markets. Therefore, we explore the research on the GPR by employing bibliometric and scientometric analytical techniques. We find 366 scientific contributions in December 2021 from the Scopus database by searching "Geopolitical risk" in abstracts, keywords, and titles.Our findings show that GPR research has gained momentum in the last three years.Specifically, the journal Defence and Peace Economics has one of the highest numbers of research and citation on GPR. Authors in Asia also dominate the GPR literature. Overall, this study contributes to the literature by presenting the existing research that may give new insights for prospective studies in GPR.

show abstract

The impacts of rare disasters on asset returns and risk premiums in advanced economies (1870–2015)

Cited by 2 publications

References 18 publications

Geopolitical risks and financial stress in emerging economies

Geopolitical risks and financial stress in emerging economies

The Ascent of Geopolitics: Scientometric Analysis and Ramifications of Geopolitical Risk

Contact Info

Product

Resources

About