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On the importance of fiscal space: Evidence from short sellers during the COVID-19 pandemic()

Using the exogenous shock of the COVID-19 pandemic, we study how informed market participants incorporate fiscal space into their trading decisions. At the onset of the pandemic, short-selling activity shifted towards companies with low financial flexibility but only in countries with limited fiscal...

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Detalles Bibliográficos
Autores principales: Greppmair, Stefan, Jank, Stephan, Smajlbegovic, Esad
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Authors. Published by Elsevier B.V. 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9464317/
https://www.ncbi.nlm.nih.gov/pubmed/36119141
http://dx.doi.org/10.1016/j.jbankfin.2022.106652