Series: IMF Working Papers
Author(s): Heiko Hesse , and Tao Sun
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2009
Keywords: Event Study, financial sector, financial markets, stock market, General Financial Markets: Government Policy and Regulation, Corporate Finance and Governance: General,
This paper examines financial stability issues that arise from the increased presence of sovereign wealth funds (SWFs) in global financial markets by assessing whether and how stock markets react to the announcemen...