Empirical Analysis of the Impact of Brexit Referendum and Post-Referendum Events on Selected Stock Exchange Indexes

Bank of England. 2015. EU membership and the Bank of England, Bank of England Report, London: Bank of England, http://www.bankofengland.co.uk/publications/Documents/speeches/2015/euboe211015.pdf Accessed December 22, 2017.Search in Google Scholar

Beck, M. 2016. Brexit and FDI, in: Assessing the Economic Implications of Brexit. Oxford Economics Research Program, 26-30, http://www.oxfordeconomics.com/brexit Accessed October 25, 2017.10.1111/1468-0319.12216Search in Google Scholar

Belke, A., Dubova, I. and T. Osowski. 2016. Policy Uncertainty and International Financial Markets: The Case of Brexit. CEPS Working Document, 429 1-36.Search in Google Scholar

Boffey, D., Rankin, J. and A. Asthana. 2017. UK could pay £50bn Brexit divorce bill after bowing to EU pressure. The Guardian, November 29, https://www.theguardian.com/politics/2017/nov/28/uk-and-eu-agree-brexit-divorcebill-that-could-reach-57bn Accessed December 23, 2017.Search in Google Scholar

Burdekin, R.C.K., Hughson, E. and J. Gu. 2017. A first look at Brexit and global equity markets. Applied Economics Letters, 25 (2), 1-5.10.1080/13504851.2017.1302057Search in Google Scholar

Carrère, C. and M. Schiff. 2006. On the Geography of Trade: Distance is Alive and Well. Revue Économique, 56, 1249-1274.10.3917/reco.566.1249Search in Google Scholar

Chow, G.C. 1960. Test of Equality between Sets of Coefficients in two Linear Regressions. Econometrica, 28 (3), 591-605.10.2307/1910133Search in Google Scholar

Davis, S.J. 2016. An Index of Global Economic Policy Uncertainty. NBER Working Paper, 21633 Diebold, F.X. and K. Yilmaz. (2012. Better to give than to receive: predictive directional measurement of volatility spillovers. International Journal of Forecasting 28 (1), 57-66.10.1016/j.ijforecast.2011.02.006Search in Google Scholar

Ebell, M. 2016. Assessing the Impact of Trade Agreements on Trade. National Institute Economic Review, 238 (1), R31-R42.10.1177/002795011623800113Search in Google Scholar

Etuk, E.H. and E.H. Amadi. 2016. Intervention Analysis of Daily GBP-USD Exchange Rates Occasioned by BREXIT. International Journal of Management, Accounting and Economics, 3 (12), 797-805.Search in Google Scholar

Financial Times. 2017. Historical Value of Market Indexes, https:// www.ft.com/markets Accessed May 7, 2017.Search in Google Scholar

Gietel-Basten, S. 2016. Why Brexit? The Toxic Mix of Immigration and Austerity. Population and Development Review, 42 (4), 673-680.10.1111/padr.12007Search in Google Scholar

Global Competitiveness Report, World Economic Forum, 2015-16, http://reports.weforum.org/global-competitivenessreport-2015-2016/competitiveness-rankings/ Accessed October 26, 2017.Search in Google Scholar

Hafner, C.M. and H. Herwartz. 2008. Testing for causality in variance using multivariate GARCH models. Annales d’Économie et de Statistique, 89, 215-241.10.2307/27715168Search in Google Scholar

Inglehart, R. and P. Norris. 2016. Trump, Brexit, and the Rise of Populism: Economic Have-Nots and Cultural Backlash. HKS Working Paper, No. RWP16-026, 2016. Available at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2818659 Accessed July 28, 2017.Search in Google Scholar

International Monetary Fund. 2016. Uncertainty in the aftermath of the U.K. referendum. World Economic Outlook Update, International Monetary Fund, Washington, D.C., 19 July.10.5089/9781513519333.081Search in Google Scholar

Jensen, M.D. and H. Snaith. 2016. When politics prevails: the political economy of a Brexit. Journal of European Public Policy, 23 (9), 1302-1310.10.1080/13501763.2016.1174531Search in Google Scholar

Mackenzie, M. and E. Platt. 2016. How Global Markets Are Reacting to UK’s Brexit Vote. Available at: http://www.ft.com/cms/s/2/50436fde-39bb-11e6-9a05-82a9b15a8ee7.html#axzz4CXgCQomh Accessed December 24, 2017.Search in Google Scholar

Miethe, J. and D. Pothier. 2016. Brexit: What’s at stake for the financial sector? DIW Economic Bulletin, 31, 364-372.Search in Google Scholar

Murphy, R. 2017. Why becoming a tax haven would be bad news for Britain. The Guardian, March 22. Available at: https://www.theguardian.com/world/2017/mar/22/taxhaven-theresa-may-bad-news-britain-brexit Accessed July 29, 2017.Search in Google Scholar

Nicolaides, P.A. and T. Roy. 2017. Brexit and Trade: Between Facts and Irrelevance. Intereconomics, 2, 100-106.10.1007/s10272-017-0654-ySearch in Google Scholar

Pawlas, I. 2016. Brexit as a Challenge for the European Union. Horyzonty Polityki, 20, 57-76.Search in Google Scholar

Price, R. and A. Payne. 2017. MPs will get a meaningful vote on the final Brexit deal in a major defeat for May’s government. Business Insider UK, December 13. Available at: http://uk.businessinsider.com/brexit-amendment-7-meaningful-vote-final-deal-2017-12 Accessed December 26, 2017.Search in Google Scholar

Quaye, I., Yinping, M., Abudu, B. and R. Agyare. 2016. Review of Stock Markets’ Reaction to New Events: Evidence from Brexit. Journal of Financial Risk Management, 5, 281-314.10.4236/jfrm.2016.54025Search in Google Scholar

Raddant, M. 2016. The Response of European Stock Markets to the Brexit. Kiel Policy Brief, 100 1-11. Available at: https://www.ifw-kiel.de/wirtschaftspolitik/zentrumwirtschaftspolitik/kiel-policy-brief/kpb-2016/kpb_100.pdf Accessed December 24, 2017.Search in Google Scholar

Riley, C. and H. Long. 2016. Biggest Losers: “Brexit” Is Already Hitting These Companies. Available at: http://money.cnn.com/2016/06/24/investing/brexit-uk-companies/index.html?iid=hp-topleaddom Accessed December 24, 2017.Search in Google Scholar

Sathyanarayana S. and S. Gargesha. 2016. Impact of BREXIT Referendum on Indian Stock Market. International Journal of Management & Social Sciences, 5 (1), 104-121.10.21013/jmss.v5.n1.p12Search in Google Scholar

UK Office for National Statistics. 2017. https://www.ons.gov.uk/ Accessed May 25, 2017.Search in Google Scholar

Wielechowski, M. and K. Czech. 2016. Brexit Related Uncertainty for United Kingdom Economy. Oeconomia, 15 (4), 171-181.Search in Google Scholar

World Bank Doing Business 2015 rankings, http://www.doingbusiness.org/rankings Accessed October 26, 2017.Search in Google Scholar

Yan, S. 2016. Global Banks Hammered by U.K. Vote. Available at: http://money.cnn.com/2016/06/24/investing/brexitbank-impact/index.html Accessed December 24, 2017.Search in Google Scholar