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Many hands make light work: Evidence from China's anti-epidemic bonds.
Shi, Ning; Wang, Ying; Chen, Wenzhe.
Afiliação
  • Shi N; School of Finance, Shandong University of Finance and Economics, 40 Shungeng road, Jinan, 250014, China.
  • Wang Y; School of Finance, Shandong University of Finance and Economics, 40 Shungeng road, Jinan, 250014, China.
  • Chen W; School of Finance, Shandong University of Finance and Economics, 40 Shungeng road, Jinan, 250014, China.
Econ Lett ; 214: 110426, 2022 May.
Article em En | MEDLINE | ID: mdl-35291227
ABSTRACT
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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Texto completo: 1 Coleções: 01-internacional Base de dados: MEDLINE Idioma: En Ano de publicação: 2022 Tipo de documento: Article
Texto completo
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Texto completo: 1 Coleções: 01-internacional Base de dados: MEDLINE Idioma: En Ano de publicação: 2022 Tipo de documento: Article