Natural disasters, investor sentiments and stock market reactions: Evidence from Turkey–Syria earthquakes
利用土耳其-叙利亚地震数据，研究发现自然灾害对土耳其及其主要贸易伙伴的股市回报有显著负面影响，尤其对邻近国家影响更大。
This study provides stylised facts on the relationships between natural disasters, investor sentiments and market performance using the recent Turkey–Syria earthquakes. We employ daily stock market data relating to Turkey’s 21 major trading partners and find significant negative impact of the disaster on the sampled countries’ stock market returns, particularly for countries near Turkey.