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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Hesse, Heiko
Outros Autores: Sun, Tao
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:IMF Working Papers; Working Paper ; No. 2009/239
Acesso em linha:Full text available on IMF