“russia's Special Military Operation in Ukraine”, the Effect of This Announcement on the Performance of Emerging Stock Markets and Its Relationship With Economic Growth. a Case for Event Study
Year: 2024
Type: article
Abstract: This article estimates the effect that the announcement of a “special military operation in Ukraine” made by the President of Russia had on the performance of emerging stock markets. For the above, the Fama & French 5-factor model is contrasted using 4 different econometric methods. The results indicate that those global investors who opportunely took refuge in the stock markets of China, Colombia, Mexico and Malaysia had a superior stock market performance in economies that jointly showed, during the years 2022 and 2023, positive economic growth rates. Keywords: Ukraine, Time-varying, Stock market performance, Economic growth
Author: Eduardo Sandoval Álamos
Institution: Metropolitan University of Technology
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402223758