Template-Type: ReDIF-Article 1.0 
Author-Name: Tirimisiyu F. Oloko
Author-Name: Abeeb O. Olaniran
Author-Name: Lukman A. Lasisi
Author-Email:  olokotrimicy@yahoo.com
Author-Workplace-Name:  Centre for Econometric & Allied Research, University of Ibadan, Nigeria
Title: Hedging Global and Country-Specific Geopolitical Risks With South Korean Stocks - A Predictability Approach
Abstract:  In this study, we examine the potential of South Korean stocks to hedge against global and country-specific geopolitical risks. A predictability approach with a feasible quasi generalized least square (FQGLS) estimator was employed. Our results reveal that global and country-specific geopolitical risks are good predictors of South Korean stock market returns. This implies that the South Korean stock market provides a good hedge against global and South Korean geopolitical risks.
Classification-JEL:  G15
Keywords:  geopolitical risk,south korean stocks,fqgls estimator
Journal:  Asian Economics Letters
Pages: 1-5
Volume: 2
Issue: 3
Year:  2021
DOI:  2021/10/06
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/24418-hedging-global-and-country-specific-geopolitical-risks-with-south-korean-stocks-a-predictability-approach.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:44