Many hands make light work: Evidence from China’s anti-epidemic bonds()

Based on China’s anti-epidemic bond data, this paper investigates stock market reactions to the anti-epidemic bond issuance announcements during the COVID-19 pandemic. We find that anti-epidemic bond issuance significantly increases the cumulative abnormal return (CAR) compared with conventional bon...

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Detalles Bibliográficos
Autores principales: Shi, Ning, Wang, Ying, Chen, Wenzhe
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8915664/
https://www.ncbi.nlm.nih.gov/pubmed/35291227
http://dx.doi.org/10.1016/j.econlet.2022.110426
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author Shi, Ning
Wang, Ying
Chen, Wenzhe
author_facet Shi, Ning
Wang, Ying
Chen, Wenzhe
author_sort Shi, Ning
collection PubMed
description Based on China’s anti-epidemic bond data, this paper investigates stock market reactions to the anti-epidemic bond issuance announcements during the COVID-19 pandemic. We find that anti-epidemic bond issuance significantly increases the cumulative abnormal return (CAR) compared with conventional bond issuance.
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spelling pubmed-89156642022-03-11 Many hands make light work: Evidence from China’s anti-epidemic bonds() Shi, Ning Wang, Ying Chen, Wenzhe Econ Lett Article Based on China’s anti-epidemic bond data, this paper investigates stock market reactions to the anti-epidemic bond issuance announcements during the COVID-19 pandemic. We find that anti-epidemic bond issuance significantly increases the cumulative abnormal return (CAR) compared with conventional bond issuance. Elsevier B.V. 2022-05 2022-03-11 /pmc/articles/PMC8915664/ /pubmed/35291227 http://dx.doi.org/10.1016/j.econlet.2022.110426 Text en © 2022 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Shi, Ning
Wang, Ying
Chen, Wenzhe
Many hands make light work: Evidence from China’s anti-epidemic bonds()
title Many hands make light work: Evidence from China’s anti-epidemic bonds()
title_full Many hands make light work: Evidence from China’s anti-epidemic bonds()
title_fullStr Many hands make light work: Evidence from China’s anti-epidemic bonds()
title_full_unstemmed Many hands make light work: Evidence from China’s anti-epidemic bonds()
title_short Many hands make light work: Evidence from China’s anti-epidemic bonds()
title_sort many hands make light work: evidence from china’s anti-epidemic bonds()
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8915664/
https://www.ncbi.nlm.nih.gov/pubmed/35291227
http://dx.doi.org/10.1016/j.econlet.2022.110426
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