|
|
|
|
| LEADER |
01723cas a2200289 a 4500 |
| 001 |
AALejournalIMF021567 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781513572765
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 245 |
1 |
0 |
|a Pricing Protest :
|b The Response of Financial Markets to Social Unrest.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2021.
|
| 300 |
|
|
|a 1 online resource (70 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a Using a new daily index of social unrest, we provide systematic evidence on the negative impact of social unrest on stock market performance. An average social unrest episode in an typical country causes a 1.4 percentage point drop in cumulative abnormal returns over a two-week event window. This drop is more pronounced for events that last longer and for events that happen in emerging markets. Stronger institutions, particularly better governance and more democratic systems, mitigate the adverse impact of social unrest on stock market returns.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 650 |
|
7 |
|a Abnormal Returns
|2 imf
|
| 650 |
|
7 |
|a Event Study
|2 imf
|
| 650 |
|
7 |
|a Institutions
|2 imf
|
| 650 |
|
7 |
|a Social Unrest
|2 imf
|
| 650 |
|
7 |
|a Stock Markets
|2 imf
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2021/079
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2021/079/001.2021.issue-079-en.xml
|z IMF e-Library
|