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• W2056367097 abstract "We examine the effect 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 news related to military aggression in a reciprocal way. Moreover, while the volatility of India's stock market seems to show a subdued response to bilateral political news, Pakistan's stock market appears to be sensitive to both political and military news originating from either country. The relatively stronger effect of military events can be attributed to a higher financial cost of confrontation between the two countries." @default.
• W2056367097 created "2016-06-24" @default.
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• W2056367097 date "2014-05-01" @default.
• W2056367097 modified "2023-09-25" @default.
• W2056367097 title "The Financial Cost of Rivalry: A Tale of Two South Asia Neighbors" @default.
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• W2056367097 doi "https://doi.org/10.2753/ree1540-496x5003s303" @default.
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