Hang in There : Stock Market Reactions to Withdrawals of COVID-19 Stimulus Measures /

The COVID-19 pandemic prompted unprecedented economic stimulus worldwide. We empirically examine the impact of a withdrawal of fiscal stimulus policies on the stock markets. After constructing a database of withdrawal events, we use event study analysis and cross-country regressions to assess the di...

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Bibliografiska uppgifter
Huvudupphovsman: Chan-Lau, Jorge
Övriga upphovsmän: Zhao, Yunhui
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/285
Ämnen:
Länkar:Full text available on IMF