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Emerging Markets Finance and Trade Volume 52, 2016 - Issue 5
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Regular Articles

Sources of Fluctuations in Islamic, U.S., EU, and Asia Equity Markets: The Roles of Economic Uncertainty, Interest Rates, and Stock Indexes

Shawkat HammoudehSchool of Economics, LeBow College of Business, Drexel University, Philadelphia, Pennsylvania, USA;IPAG Lab, IPAG Business School, Paris, France
,
Won Joong KimDepartment of Economics, Konkuk University, Seoul, KoreaCorrespondence[email protected]
&
Soodabeh SarafraziSchool of Economics, LeBow College of Business, Drexel University, Philadelphia, Pennsylvania, USA
Pages 1195-1209 | Published online: 27 Oct 2015

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Deepa Bannigidadmath, MHA Ridhwan & Fiskara Indawan. (2023) Global Uncertainty and Economic Growth – Evidence from Pandemic Periods. Emerging Markets Finance and Trade 0:0, pages 1-13.
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Mehmet Balcilar, George Ike & Rangan Gupta. (2022) The Role of Economic Policy Uncertainty in Predicting Output Growth in Emerging Markets: A Mixed-Frequency Granger Causality Approach. Emerging Markets Finance and Trade 58:4, pages 1008-1026.
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Zaghum Umar, Syed Jawad Hussain Shahzad, Román Ferrer & Francisco Jareño. (2018) Does Shariah compliance make interest rate sensitivity of Islamic equities lower? An industry level analysis under different market states. Applied Economics 50:42, pages 4500-4521.
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Juan Carlos Reboredo & Nader Naifar. (2017) Do Islamic Bond (Sukuk) Prices Reflect Financial and Policy Uncertainty? A Quantile Regression Approach. Emerging Markets Finance and Trade 53:7, pages 1535-1546.
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Md. Bokhtiar Hasan, M. Kabir Hassan & Asem Alhomaidi. (2023) How do sectoral Islamic equity markets react to geopolitical risk, economic policy uncertainty, and oil price shocks?. The Journal of Economic Asymmetries 28, pages e00333.
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Syed Ali Raza, Nida Shah & Muhammed Tahir Suleman. (2023) A multifractal detrended fluctuation analysis of Islamic and conventional financial markets efficiency during the COVID-19 pandemic. International Economics, pages 100463.
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Turki Rashed Alshammari & Jean-Noël Ory. (2023) The impact of religious announcements on stock prices and investment decisions on the Saudi stock exchange. Borsa Istanbul Review.
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Faheem Aslam, Paulo Ferreira, Haider Ali, Arifa & Márcia Oliveira. (2023) Islamic vs. Conventional Equity Markets: A Multifractal Cross-Correlation Analysis with Economic Policy Uncertainty. Economies 11:1, pages 16.
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Walid M.A. Ahmed. (2021) How do Islamic equity markets respond to good and bad volatility of cryptocurrencies? The case of Bitcoin. Pacific-Basin Finance Journal 70, pages 101667.
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Walid M.A. Ahmed. (2021) Stock market reactions to upside and downside volatility of Bitcoin: A quantile analysis. The North American Journal of Economics and Finance 57, pages 101379.
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Jialin Guan, Huijuan Xu, Da Huo, Yechun Hua & Yunfeng Wang. (2021) Economic policy uncertainty and corporate innovation: Evidence from China. Pacific-Basin Finance Journal 67, pages 101542.
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Wenjin Tang, Saijie Ding & Hao Chen. (2021) Economic uncertainty and its spillover networks: Evidence from the Asia-Pacific countries. Pacific-Basin Finance Journal 67, pages 101539.
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Oğuzhan Çepni, Mehmet Selman Çolak, Yavuz Selim Hacıhasanoğlu & Muhammed Hasan Yılmaz. (2021) Capital flows under global uncertainties: Evidence from Turkey. Borsa Istanbul Review 21:2, pages 175-185.
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Deepa Bannigidadmath & Paresh Kumar Narayan. (2021) Commodity futures returns and policy uncertainty. International Review of Economics & Finance 72, pages 364-383.
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Xinyu Wang, Yi Luo, Zhuqing Wang, Yan Xu & Congxin Wu. (2021) The impact of economic policy uncertainty on volatility of China’s financial stocks: An empirical analysis. Finance Research Letters 39, pages 101650.
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Weike Zhang, Xueyuan Zhang, Xiaoli Tian & Fengwei Sun. (2021) Economic policy uncertainty nexus with corporate risk-taking: The role of state ownership and corruption expenditure. Pacific-Basin Finance Journal 65, pages 101496.
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Can-Zhong Yao. (2020) Information Flow Analysis between EPU and Other Financial Time Series. Entropy 22:6, pages 683.
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Can-Zhong Yao & Hong-Yu Li. (2020) Effective Transfer Entropy Approach to Information Flow Among EPU, Investor Sentiment and Stock Market. Frontiers in Physics 8.
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Hedi Ben Haddad, Imed Mezghani & Mohammed Al Dohaiman. (2020) Common shocks, common transmission mechanisms and time-varying connectedness among Dow Jones Islamic stock market indices and global risk factors. Economic Systems 44:2, pages 100760.
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Boqiang Lin & Tong Su. (2020) The linkages between oil market uncertainty and Islamic stock markets: Evidence from quantile-on-quantile approach. Energy Economics 88, pages 104759.
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Walid M.A. Ahmed. (2020) Corruption and equity market performance: International comparative evidence. Pacific-Basin Finance Journal 60, pages 101282.
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Fredj Jawadi, Nabila Jawadi & Abdoukarim Idi Cheffou. (2019) A statistical analysis of uncertainty for conventional and ethical stock indexes. The Quarterly Review of Economics and Finance 74, pages 9-17.
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Dayong Zhang, Lei Lei, Qiang Ji & Ali M. Kutan. (2019) Economic policy uncertainty in the US and China and their impact on the global markets. Economic Modelling 79, pages 47-56.
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Walid M.A. Ahmed. (2019) Islamic and conventional equity markets: Two sides of the same coin, or not?. The Quarterly Review of Economics and Finance 72, pages 191-205.
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Zied Ftiti & Sinda Hadhri. (2019) Can economic policy uncertainty, oil prices, and investor sentiment predict Islamic stock returns? A multi-scale perspective. Pacific-Basin Finance Journal 53, pages 40-55.
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Yuen Jung Park, Ali M. Kutan & Doojin Ryu. (2019) The impacts of overseas market shocks on the CDS-option basis. The North American Journal of Economics and Finance 47, pages 622-636.
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Walid M.A. Ahmed. (2018) How do Islamic versus conventional equity markets react to political risk? Dynamic panel evidence. International Economics 156, pages 284-304.
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Ali M. Kutan, Iram Naz & Syed Muhammad Aamir Shah. (2018) Are top managers important for firm performance and idiosyncratic risk? Evidence from sharia vs non-sharia-compliant firms in the UK and Pakistan. The World Economy 41:3, pages 763-780.
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Maha Alandejani, Ali M. Kutan & Nahla Samargandi. (2017) Do Islamic banks fail more than conventional banks?. Journal of International Financial Markets, Institutions and Money 50, pages 135-155.
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Besma Hkiri, Shawkat Hammoudeh, Chaker Aloui & Larisa Yarovaya. (2017) Are Islamic indexes a safe haven for investors? An analysis of total, directional and net volatility spillovers between conventional and Islamic indexes and importance of crisis periods. Pacific-Basin Finance Journal 43, pages 124-150.
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John W. Muteba Mwamba, Shawkat Hammoudeh & Rangan Gupta. (2017) Financial tail risks in conventional and Islamic stock markets: A comparative analysis. Pacific-Basin Finance Journal 42, pages 60-82.
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Mehmet Balcilar, Ali M. Kutan & Mehmet E. Yaya. (2017) Financial integration in small Islands: The case of Cyprus. International Review of Economics & Finance 47, pages 201-219.
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