Sovereign Wealth Funds and Financial Stability-An Event Study Analysis /

This paper examines financial stability issues that arise from the increased presence of sovereign wealth funds (SWFs) in global financial markets by assessing whether and how stock markets react to the announcements of investments and divestments to firms by SWFs using an event study approach. Base...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Hesse, Heiko
Weitere Verfasser: Sun, Tao
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2009/239
Online Zugang:Full text available on IMF