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...

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Detalles Bibliográficos
Autor principal: Hesse, Heiko
Otros Autores: Sun, Tao
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2009.
Colección:IMF Working Papers; Working Paper ; No. 2009/239
Acceso en línea:Full text available on IMF