The reaction of international stock markets to Federal Reserve policy

• Main Authors: Wang, Jing, Zhu, Xiaoneng
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Finance
• Online Access: https://hdl.handle.net/10356/98698; http://hdl.handle.net/10220/17410
• Institution: Nanyang Technological University

This paper investigates how changes in Federal Reserve policy impact international stock returns, with the three objectives of measuring the reaction of international stock markets, understanding the transmission channels of that reaction, and explaining the economic sources of that reaction. We fin...