Did the Euro Crisis Affect Non-Financial Firm Stock Prices Through a Financial or Trade Channel? /
This paper analyzes through what channels the euro crisis has affected firm valuations globally. It examines stock price responses over the past year for 3045 non-financial firms in 16 countries to three key crisis events. Using pre-crisis benchmarks, it separates effects arising from changes in ext...
Main Author: | |
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Other Authors: | , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2011.
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Series: | IMF Working Papers; Working Paper ;
No. 2011/227 |
Online Access: | Full text available on IMF |