Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time?
We scrutinise the impact of two periods of Russo-Ukraine strife: (a) the Russo-Ukraine war that started in February 2022; and (b) the Euromaidan protest of November 2013, on the financial markets. We observe severe ramifications in terms of abnormal returns, price discovery and time-varying herding...
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| Format: | Proceeding Paper |
| Language: | en en |
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2022
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| Online Access: | http://irep.iium.edu.my/105708/1/Azhar%20Mohamad%20Russian%20roulette%20ISAFE-2022%205%20December%202022.pptx http://irep.iium.edu.my/105708/2/ISAFE2022_Booklet_Final.pdf http://irep.iium.edu.my/105708/ |
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| _version_ | 1834520387867639808 |
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| author | Mohamad, Azhar |
| author_facet | Mohamad, Azhar |
| author_sort | Mohamad, Azhar |
| building | IIUM Library |
| collection | Institutional Repository |
| content_provider | International Islamic University Malaysia |
| content_source | IIUM Repository (IREP) |
| continent | Asia |
| country | Malaysia |
| description | We scrutinise the impact of two periods of Russo-Ukraine strife: (a) the Russo-Ukraine war that started in February 2022; and (b) the Euromaidan protest of November 2013, on the financial markets. We observe severe ramifications in terms of abnormal returns, price discovery and time-varying herding between certain group of assets. Whereas the US dollar and the yen consistently serve as safe haven assets (proxied by negative or low unconditional correlations) to opposing countries' stock indexes and currencies in both periods, we generally document heterogeneity in the financial assets' degree of response to them. |
| format | Proceeding Paper |
| id | my.iium.irep-105708 |
| institution | Universiti Islam Antarabangsa Malaysia |
| language | en en |
| publishDate | 2022 |
| record_format | dspace |
| spelling | my.iium.irep-1057082023-08-01T03:14:57Z http://irep.iium.edu.my/105708/ Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? Mohamad, Azhar HG3810 Foreign exchange We scrutinise the impact of two periods of Russo-Ukraine strife: (a) the Russo-Ukraine war that started in February 2022; and (b) the Euromaidan protest of November 2013, on the financial markets. We observe severe ramifications in terms of abnormal returns, price discovery and time-varying herding between certain group of assets. Whereas the US dollar and the yen consistently serve as safe haven assets (proxied by negative or low unconditional correlations) to opposing countries' stock indexes and currencies in both periods, we generally document heterogeneity in the financial assets' degree of response to them. 2022-12-05 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/105708/1/Azhar%20Mohamad%20Russian%20roulette%20ISAFE-2022%205%20December%202022.pptx application/pdf en http://irep.iium.edu.my/105708/2/ISAFE2022_Booklet_Final.pdf Mohamad, Azhar (2022) Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? In: International Society for Advancement of Financial Economics Conference (ISAFE-2022, 05-06 December 2022),, Ho Chi Minh University of Banking. (Unpublished) |
| spellingShingle | HG3810 Foreign exchange Mohamad, Azhar Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? |
| title | Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? |
| title_full | Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? |
| title_fullStr | Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? |
| title_full_unstemmed | Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? |
| title_short | Russian roulette from the Euromaidan protest to the Ukraine invasion: Is it different this time? |
| title_sort | russian roulette from the euromaidan protest to the ukraine invasion: is it different this time? |
| topic | HG3810 Foreign exchange |
| url | http://irep.iium.edu.my/105708/1/Azhar%20Mohamad%20Russian%20roulette%20ISAFE-2022%205%20December%202022.pptx http://irep.iium.edu.my/105708/2/ISAFE2022_Booklet_Final.pdf http://irep.iium.edu.my/105708/ |
| url_provider | http://irep.iium.edu.my/ |