Knowing the unknowns ? fresh insights from an unknown stock market

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The goal of our study is to examine the impact of natural disasters on the South Pacifi Stock Exchange. We use daily time-series data for Fiji?s stock market for the period 2000-2019. Our empirical framework is based on three factor regression models, namely the market model, the Fama and French three-factor model, and the Fama and French five-factor model. We find evidence that natural disasters in Fiji reduce abnormal returns in the most relevant five-factor model. Additionally, we provide evidence that different types of natural disasters have heterogeneous effects on Fiji?s stock market. Our findings are further supported by a robustness check..

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Ketersediaan

Call Number	Location	Available
	PSB lt.2 - Karya Akhir	1

Informasi Detail

Judul Seri

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No. Panggil

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Penerbit

: Bulletin of Monetary Economics and Banking., 2021

Deskripsi Fisik

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Bahasa

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

Stock market
Natural Disaster
Fiji
Political instability

Info Detail Spesifik

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Pernyataan Tanggungjawab

ka

Versi lain/terkait

Lampiran Berkas

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