The impact of 11/13 Paris terrorist attacks on stock prices: evidence from the international defence industry

Emmanuel Apergis; Nicholas Apergis

doi:10.1080/13504851.2016.1158914

The impact of 11/13 Paris terrorist attacks on stock prices: evidence from the international defence industry

Emmanuel Apergis, Nicholas Apergis

Research output: Contribution to journal › Article › peer-review

13 Citations (Scopus)

Abstract

This study explores the effect of the Paris terrorist attacks on the stock returns and the volatility for the most important companies in the global defence industry. To this end, it employs the General Autoregressive Conditional Heteroscedasticity methodology. The findings clearly indicate that this terrorist event has a positive impact on both the returns and the volatility of these stocks.

Original language	English
Pages (from-to)	45-48
Number of pages	4
Journal	Applied Economics Letters
Volume	24
Issue number	1
Early online date	24 Mar 2016
DOIs	https://doi.org/10.1080/13504851.2016.1158914
Publication status	Published - 2 Jan 2017
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1080/13504851.2016.1158914Licence: Unspecified

Cite this

@article{6be15e66b1bb456cb9af24e90fbc6254,

title = "The impact of 11/13 Paris terrorist attacks on stock prices: evidence from the international defence industry",

abstract = "This study explores the effect of the Paris terrorist attacks on the stock returns and the volatility for the most important companies in the global defence industry. To this end, it employs the General Autoregressive Conditional Heteroscedasticity methodology. The findings clearly indicate that this terrorist event has a positive impact on both the returns and the volatility of these stocks.",

keywords = "Defence industry, GARCH model, Paris terrorist attacks, stock returns",

author = "Emmanuel Apergis and Nicholas Apergis",

year = "2017",

month = jan,

day = "2",

doi = "10.1080/13504851.2016.1158914",

language = "English",

volume = "24",

pages = "45--48",

journal = "Applied Economics Letters",

issn = "1350-4851",

publisher = "Routledge",

number = "1",

}

TY - JOUR

T1 - The impact of 11/13 Paris terrorist attacks on stock prices

T2 - evidence from the international defence industry

AU - Apergis, Emmanuel

AU - Apergis, Nicholas

PY - 2017/1/2

Y1 - 2017/1/2

N2 - This study explores the effect of the Paris terrorist attacks on the stock returns and the volatility for the most important companies in the global defence industry. To this end, it employs the General Autoregressive Conditional Heteroscedasticity methodology. The findings clearly indicate that this terrorist event has a positive impact on both the returns and the volatility of these stocks.

AB - This study explores the effect of the Paris terrorist attacks on the stock returns and the volatility for the most important companies in the global defence industry. To this end, it employs the General Autoregressive Conditional Heteroscedasticity methodology. The findings clearly indicate that this terrorist event has a positive impact on both the returns and the volatility of these stocks.

KW - Defence industry

KW - GARCH model

KW - Paris terrorist attacks

KW - stock returns

UR - http://www.scopus.com/inward/record.url?scp=84961392464&partnerID=8YFLogxK

U2 - 10.1080/13504851.2016.1158914

DO - 10.1080/13504851.2016.1158914

M3 - Article

AN - SCOPUS:84961392464

VL - 24

SP - 45

EP - 48

JO - Applied Economics Letters

JF - Applied Economics Letters

SN - 1350-4851

IS - 1

ER -

The impact of 11/13 Paris terrorist attacks on stock prices: evidence from the international defence industry

Abstract

UN SDGs

Access to Document

Other files and links

Fingerprint

Cite this