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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Dettagli Bibliografici
Autore principale: Hesse, Heiko
Altri autori: Sun, Tao
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/239
Accesso online:Full text available on IMF