Keywords: Risk
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Journal Articles
Journal of Economics and Development (2022) 24 (4): 309–328.
Published: 01 September 2022
... on the topic documented the negative impact of the domestic EPU on stock returns (Christou et al., 2017) leading to a higher risk for the stability of financial system (Chi and Li, 2017). An increase in the EPU decreases the expected returns of stock markets while it increases the risk for portfolio...

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