The Impact of Political Uncertainty on Asset Prices : The Case of the United Kingdom's EU Membership Referendum.
How did expectations of the outcome of the United Kingdom's (UK) referendum on European Union (EU) membership in 2016 affect prices in financial markets? We study this using high frequency data from betting and financial markets. We find that a one percentage point increase in the probability o...
| פורמט: | כתב-עת |
|---|---|
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| סדרה: | IMF Working Papers; Working Paper ;
No. 2021/027 |
| נושאים: | |
| גישה מקוונת: | Full text available on IMF |