Stock market reaction to US interest rate hike: evidence from an emerging market

This paper investigates how a developing stock market responds to US interest rate increases, using Korean firm data. We find that the Fed's sharp rate hike causes the flight to quality of investors in the emerging market. Furthermore, firms with more export sales, higher foreign ownership, and...

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Detalles Bibliográficos
Autor principal: Kim, Jeongsim
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2023
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10173606/
https://www.ncbi.nlm.nih.gov/pubmed/37180922
http://dx.doi.org/10.1016/j.heliyon.2023.e15758

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10173606/
https://www.ncbi.nlm.nih.gov/pubmed/37180922
http://dx.doi.org/10.1016/j.heliyon.2023.e15758

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