Quantification of political risk with multiple dependent sources

Journal of Economics and Finance

Volumn 27, Issue 2, 2003, Pages 125-135

  Clark, Ephraim ^a   Tunaru, Radu ^b  

^a MIDDLESEX UNIVERSITY BUSINESS SCHOOL   (United Kingdom)

^b LONDON METROPOLITAN UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 58149226120     PISSN: 10550925     EISSN: 19389744     Source Type: Journal    
DOI: 10.1007/BF02827214     Document Type: Article

References (24)

1. Amram, M., and N. Kulatilaka. 1999. Real Options-Managing Strategic Investment in an Uncertain World. Boston, MA: Harvard Business School Press.
2. Clark, E. 2003. "Pricing the Cost of Expropriation Risk." Review of International Economics 11: 412-422.
3. Clark, E. 1997. "Valuing Political Risk." Journal of International Money and Finance 16: 477-490.
4. Dixit, A., and R. Pindyck. 1994. Investment under Uncertainty. Princeton NJ: Princeton University Press.
5. Duffie, D., and K. Singleton. 1999. "Modeling Term Structures of Defaultable Bonds." Review of Financial Studies 12: 687-720.
6. Hull, J. C. 2000. Options, Futures and Other Derivatives. 4th ed. Upper Saddle River, NJ: Prentice-Hall International.
7. Jarrow, R. A., and S. M. Turnbull. 1995. "Pricing Derivatives on Financial Securities Subject to Credit Risk." Journal of Finance 50: 153-85.
8. Lando, D. 1994. "On Cox Processes and Credit Risky Bonds." Working Paper. University of Copenhagen: Institute of Mathematical Statistics.
9. Madan, D. and H. Unal. 1998. "Pricing the Risks of Default." Review of Derivatives Research 2: 79-105.
10. Mahajan, A. 1990. "Pricing Expropriation risk." Financial Management 11 (Winter): 77-86.
11. Merton, R. 1992. Continuous-Time Finance. Oxford: Blackwell.
12. Meldrum, D. H. 2000. "Country Risk and Foreign Direct Investment" Business Economics 35: 133-40.
13. Minor, M. 1994. 'The Demise of Expropriation as an Instrument of LDC Policy." Journal of International Business Studies 25: 1177-188.
14. Neftci, S. 2000. Introduction to Mathematics of Financial Derivatives. 2nd ed. New York: Academic Press.
15. Pointon, J., and V. Hooper. 1995. "Exchange Rate and Expropriation Risk in Multinational Capital Budgeting: A Stochastic Approach." International Journal of Business Studies 3: 81-88.
16. Robock, S. H. 1971. "Political Risk: Identification and Assessment." Columbia Journal of World Business 6: 6-20.
17. Robock, S. H., and K. Simmonds. 1973. International Business and Multinational Enterprise. Homewood: R. Irwin.
18. Root, F. 1973. "Analysing Political Risks in International Business." In Multinational Enterprise in Transition, edited by A. Kapoor and P. D. Grub. Princeton: Darwin Press.
19. Ross, Sheldon. 1983. Stochastic Processes. New York: Wiley.
20. Shapiro, A. 1978. "Capital Budgeting for the Multinational Corporation." Financial Management 7: 7-16.
21. Stobaugh, R. 1969. "How to Analyze Foreign Investment Climates." Harvard Business Review (September-October): 100-108.
22. Stonehill, A., and L. Nathanson. 1968. "Capital Budgeting and the Multinational Corporation." California Management Review 4: 39-54.
23. Trigeorgis, Lenos. 1996. Real Options-Managerial Flexibility and Strategy in Resource Allocation. Cambridge, MA: MIT Press.
24. Wilmott, P. 1998. Derivatives: The Theory and Practice of Financial Engineering. London: Wiley.