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Monetary policy as market stabilizer in the COVID-19 pandemic
We categorize expansionary monetary policies based on interest rates, monetary easing, and liquidity decisions. We find that the stock market reacts positively to liquidity policy announcements by a more significant margin during and after the COVID-19 at market and industry levels compared with rea...
Autores principales: | Shan, Yimin, Chen, Yang, Xiao, Yajun |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier Inc.
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10151028/ https://www.ncbi.nlm.nih.gov/pubmed/37305066 http://dx.doi.org/10.1016/j.frl.2023.103960 |
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