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...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Chan-Lau, Jorge
Andre forfattere: Zhao, Yunhui
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2020.
Serier:IMF Working Papers; Working Paper ; No. 2020/285
Fag:
Online adgang:Full text available on IMF