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Analysis of institutional authors

Costa, BgCorresponding AuthorCosta, LgCorresponding AuthorMartinez, RgAuthor
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Does political uncertainty affect investment in Ibex 35?

Publicated to:Cuadernos De Economia (Spain). 43 (122): 163-174 - 2020-08-01 43(122), DOI: 10.32826/cude.v42i122.102

Authors: Costa, BG; Costa, LG; Martínez, RG

Affiliations

Univ Rey Juan Carlos Madrid, Madrid, Spain - Author

Abstract

In this paper we present the main results of the study Does political uncertainty affect investment in the Ibex 35? The main objective of this study has been the creation of a model that determines if uncertainty affects stock market investment. The aim of this paper is to analyze if uncertainly can influence on Ibex 35 evolution. Because of that, we made an econometric analysis using historical series of Ibex quotes and the different valuations collected in the barometer made by the Center for Sociological Research whose refer to the assessment of current political and economic of Spain situation. For to study the impact of European and National uncertainty, it has been analyzed the results extracted from the Global Uncertainty Index. This index is constructed quarterly, using frequency counts of the word uncertainty. The main conclusion of this study is uncertainly affects to risk aversion level of investors and therefore, behavior of investors is not as rational as requires perfect market efficiency. It is concluded that the decision-making of investors is conditioned by investors mood which is affected by the political situation at the time they carry out the investment.

Keywords
Economic uncertaintyFinancial marketsInvestmentInvestor's moodInvestor’s moodMarketPolitical uncertaintyPsychologyRisk aversion

Quality index

Bibliometric impact. Analysis of the contribution and dissemination channel

The work has been published in the journal Cuadernos De Economia (Spain), Q4 Agency Scopus (SJR), its regional focus and specialization in Economics, Econometrics and Finance (Miscellaneous), give it significant recognition in a specific niche of scientific knowledge at an international level.

Independientemente del impacto esperado determinado por el canal de difusión, es importante destacar el impacto real observado de la propia aportación.

Según las diferentes agencias de indexación, el número de citas acumuladas por esta publicación hasta la fecha 2025-05-15:

  • WoS: 1
  • Scopus: 3
  • OpenCitations: 1
Impact and social visibility

From the perspective of influence or social adoption, and based on metrics associated with mentions and interactions provided by agencies specializing in calculating the so-called "Alternative or Social Metrics," we can highlight as of 2025-05-15:

  • The use of this contribution in bookmarks, code forks, additions to favorite lists for recurrent reading, as well as general views, indicates that someone is using the publication as a basis for their current work. This may be a notable indicator of future more formal and academic citations. This claim is supported by the result of the "Capture" indicator, which yields a total of: 8 (PlumX).

It is essential to present evidence supporting full alignment with institutional principles and guidelines on Open Science and the Conservation and Dissemination of Intellectual Heritage. A clear example of this is:

  • The work has been submitted to a journal whose editorial policy allows open Open Access publication.
Leadership analysis of institutional authors

There is a significant leadership presence as some of the institution’s authors appear as the first or last signer, detailed as follows: First Author (García Costa, Beatriz) and Last Author (Gómez Martínez, Raúl).

the authors responsible for correspondence tasks have been García Costa, Beatriz and García Costa, Laura.