Skip to main content

Advanced Search

Projected result for your current search: 0

Search Operators:

You can use operators in your search query to narrow down your results even more. Click on the search operator to see an explanation of how it works.
Finds documents with exactly this word group, in exactly this word order and spelling (e.g. "employer branding").
Finds documents with both search terms (e.g. sales AND bonus).
Finds documents with one or the other search term (e.g. porsche OR volkswagen).
Finds documents with all search terms. Blank space is understood as AND (e.g. man robot production).
Finds documents with no appearance of the word behind NOT (e.g. ford NOT "harrison ford").
Finds documents where the search term is mentioned at least "n" times."n" may be any number (e.g. COUNT(gear)>8).
Finds documents with both search terms in any word order, permitting "n" words as a maximum distance between them. Best choose between 15 and 30 (e.g. NEAR(recruit, professionals, 20)).
Finds documents with the search term in word versions or composites. The asterisk * marks whether you wish them BEFORE, BEHIND, or BEFORE and BEHIND the search term (e.g. lightweight*, *lightweight, *lightweight*).
Finds documents with the search term in different spellings. "?" allows only one character (e.g. organi?ation).
Special characters are understood as AND (e.g. Miller Bros. & Sons).

Semantic Search

powered by (Link opens in a new window)
loading …
Log in
Top

4. Does Economic Policy Uncertainty Matter for Stock Market Volatility?

  • 2020
  • OriginalPaper
  • Chapter
Published in:
Authors
Abhisek Mishra
Byomakesh Debata
Published in
The Financial Landscape of Emerging Economies
Publisher
Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This study examines the dynamic relationship between economic policy uncertainty (EPU) and stock market volatility in a pure order-driven emerging stock market. Considering the non-linear EPU-volatility relationship, this study uses GARCH family of models to capture the impact of policy uncertainty on stock market volatility. Empirical estimates reveal that economic policy uncertainty is an essential determinant of stock market volatility, and higher EPU leads to significant increase in volatility. We believe, a thorough understanding the EPU-Volatility relationship can be beneficial for investors to better predict the behaviour of stock market volatility.

Already a customer? Then log in here to gain access.

Customer login

Not a customer yet? Then find out more about our access models now:

Individual Access

Start your personal individual access now. Get instant access to more than 164,000 books and 540 journals – including PDF downloads and new releases.

Starting from 54,00 € per month!    

Get access

Access for Businesses

Utilise Springer Professional in your company and provide your employees with sound specialist knowledge. Request information about corporate access now.

Find out how Springer Professional can uplift your work!

Contact us now

For explorers: Get to know our platforms better with a free registration.

Register for free
previous chapter Betting Against Beta in the Indian Market
next chapter Can the FMCG Stock Market Investors Hedge the Risk in Agricultural Commodity Markets? Empirical Evidence from India
Title
Does Economic Policy Uncertainty Matter for Stock Market Volatility?
Authors
Abhisek Mishra
Byomakesh Debata
Copyright Year
2020
Book
The Financial Landscape of Emerging Economies

Print ISBN: 978-3-030-60007-5

Electronic ISBN: 978-3-030-60008-2

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-60008-2_4
This content is only visible if you are logged in and have the appropriate permissions.

Premium Partner

    Image Credits
    Salesforce.com Germany GmbH/© Salesforce.com Germany GmbH, IDW Verlag GmbH/© IDW Verlag GmbH, Diebold Nixdorf/© Diebold Nixdorf, Ratiodata SE/© Ratiodata SE, msg for banking ag/© msg for banking ag, Governikus GmbH & Co. KG/© Governikus GmbH & Co. KG, Horn & Company GmbH/© Horn & Company GmbH, EURO Kartensysteme GmbH/© EURO Kartensysteme GmbH, Jabatix S.A./© Jabatix S.A.