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Investment Certainty and Demonetization: <i>Evidence from India</i>

Peeyush Bangur

The Journal of Private Equity2019https://doi.org/10.3905/jpe.2019.1.086article
ABDC C
Weight
0.34

What the paper says

This article analyzes the impact of demonetization on the volatility of the Indian stock market and assesses the investment certainty in India after demonetization. A symmetric generalized autoregressive conditional heteroskedasticity (1, 1) model has been applied by incorporating a dummy variable for the event of demonetization in the conditional variance equation. This article also looks for percentage change in unconditional variance after demonetization. The results show that after demonetization, the risk related to market price decreased and the certainty of investment increased in the Indian stock market. In addition, the degree of volatility shocks declined in the post-demonetization period in comparison to the pre-demonetization period. <b>TOPICS:</b>Private equity, statistical methods, emerging, volatility measures

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https://doi.org/https://doi.org/10.3905/jpe.2019.1.086

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@article{peeyush2019,
  title        = {{Investment Certainty and Demonetization: <i>Evidence from India</i>}},
  author       = {Peeyush Bangur},
  journal      = {The Journal of Private Equity},
  year         = {2019},
  doi          = {https://doi.org/https://doi.org/10.3905/jpe.2019.1.086},
}

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Investment Certainty and Demonetization: <i>Evidence from India</i>

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Evidence weight

0.34

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.