Discount Factors and Monetary Policy: Evidence from Dual-Listed Stocks
收藏NBER2024-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w32499
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资源简介：
This paper studies the transmission of monetary policy to the stock market through investors discount factors. To isolate this channel, we investigate the effect of US monetary policy surprises on the ratio of prices of the same stock listed simultaneously in Hong Kong and Mainland China, and
提供机构：
美国国家经济研究局
创建时间：
2024-05-01
