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...

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Detalhes bibliográficos
Autor principal: Claessens, Stijn
Outros Autores: Tong, Hui, Zuccardi, Igor
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
Colecção:IMF Working Papers; Working Paper ; No. 2011/227
Acesso em linha:Full text available on IMF