Priberny, Christopher; Kreuzer, Christian; Huther, Johannes - In: Credit and capital markets : Kredit und Kapital 57 (2024) 1/4, pp. 31-47
We empirically study the perception of political uncertainty by UK's stock markets, covering the entire Brexit period from January 2013 to March 2020. We find that indices dominated by the largest capitalized companies anticipate negatively perceived events already prior to the actual event,...