All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Jamal Bouoiyour and Refk Selmi
 
''Brexit concerns, UK and European equities: A lose-lose scenario?''
( 2016, Vol. 36 No.3 )
 
 
Nowadays, the UK withdrawal from the European Union –also known as “Brexit”– and the uncertainty associated with it receive far-reaching attention. This article seeks to shed some light on the costs of “Brexit” by delving into the impacts of the attention given to this event (via Google Trends and Twitter search) on UK, German and French equities. By measuring the strength of “Brexit” effect as alternative to tail distributions, our results suggest that “Brexit” asymmetrically harm the investigated stock markets; Germany suffered most, followed by France and UK.
 
 
Keywords: “Brexit”; uncertainty; equities; UK; Europe.
JEL: F3 - International Finance: General
G1 - (G11, G13, G13) Portfolios, Investments, Asset and Futures Pricing, Trading Volume & Bond Interest Rates
 
Manuscript Received : Jun 24 2016 Manuscript Accepted : Sep 03 2016

  This abstract has been downloaded 445 times                The Full PDF of this paper has been downloaded 104266 times