On the determinants of stock market dynamics in emerging countries: the role of economic policy uncertainty in China and India

被引：0
|
作者：
Arouri, Mohamed [1 ]
Roubaud, David [2 ,3 ]
机构：
[1] Univ Clermont Auvergne, CRCGM, Clermont Ferrand, France
[2] Montpellier Business Sch, Montpellier, France
[3] Montpellier Res Management, Montpellier, France
来源：
ECONOMICS BULLETIN | 2016年 / 36卷 / 02期
关键词：
D O I：
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中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We contribute to the ongoing literature on the effects of policy uncertainty on economic variables by investigating the relationship between economic policy uncertainty and stock markets in China, India and the USA. Our findings suggest that contrary to China, an increase in policy uncertainty in the USA and India reduces significantly stock returns and augments market volatility.
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页码：760 / +
页数：12
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