Effects of Emerging Market Asset Purchase Program Announcements on Financial Markets During the COVID-19 Pandemic /

The COVID-19 pandemic led many emerging market central banks to adopt, for the first time, unconventional policies in the form of asset purchase programs. In this study, we analyze the effects of these announcements on domestic financial markets using both event studies and local projections methodo...

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Bibliographic Details
Main Author: Sever, Can
Other Authors: Drakopoulos, Dimitris, Goel, Rohit, Papageorgiou, Evan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/292
Online Access:Full text available on IMF