Sources of uncertainty and their impact on stock prices evidence from emerging economies

Abstract This study investigates the short- and long-term effects of various sources uncertainty on share prices key exchanges in emerging nations. The sample comprises monthly time series data from January 2017 to December 2021 for China, India, Russia, Brazil. contains a version Autoregressive-Distributive-Lag (ARDL) with error correction as well other relevant approaches series. Economic policy, climate pandemics, Twitter-based may cause decline SSE (Shanghai Stock Exchange) composite index BSE (Bombay Sensex index. In geopolitical, climatic, pandemic are short-term uncertainty, economic uncertainty. Moreover, no have impact Russia’s Moscow Exchange (MOEX) All except MOEX contributors. Pandemics sources, whereas policy Brazilian (BOVESPA) Index. research adds literature by examining relationship between distinct an market It provides behavior leading price indexes presence study’s conclusions only apply economies. Future take into account panel dataset consisting large number nations examine same set variables.