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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Автор: Claessens, Stijn
Інші автори: Tong, Hui, Zuccardi, Igor
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2011.
Серія:IMF Working Papers; Working Paper ; No. 2011/227
Онлайн доступ:Full text available on IMF