Semantic Scholar Open Access 2020 375 sitasi

Banking sector performance during the COVID-19 crisis

Asli Demirgüç-Kunt Alvaro Pedraza Claudia Ruiz-Ortega

Lihat Sumber DOI

Abstrak

This paper examines the impact of financial sector policy announcements on bank stocks around the world during the onset of the COVID-19 crisis. Overall, we find that liquidity support, borrower assistance programs and monetary easing moderated the adverse impact from the crisis, but their impact varied considerably across banks and countries. By contrast, countercyclical prudential measures led to negative abnormal returns in bank stocks, suggesting that markets price the downside risks associated with these policies.

Topik & Kata Kunci

Business Medicine

Penulis (3)

Asli Demirgüç-Kunt

Alvaro Pedraza

Claudia Ruiz-Ortega

Format Sitasi

APA MLA BibTeX

Demirgüç-Kunt, A., Pedraza, A., Ruiz-Ortega, C. (2020). Banking sector performance during the COVID-19 crisis. https://doi.org/10.1016/j.jbankfin.2021.106305

Akses Cepat

Lihat di Sumber doi.org/10.1016/j.jbankfin.2021.106305

Informasi Jurnal

Tahun Terbit: 2020
Bahasa: en
Total Sitasi: 375×
Sumber Database: Semantic Scholar
DOI: 10.1016/j.jbankfin.2021.106305
Akses: Open Access ✓