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This paper investigates the impact of news media sentiment on financial market returns and volatility in the long-term. We hypothesize that the way the media formulate and present news to the public produces different perceptions and, thus, incurs different investor behavior. To analyze such...
Persistent link: https://www.econbiz.de/10010427987
This paper investigates the impact of news media sentiment on financial market returns and volatility in the long-term. We hypothesize that the way the media formulate and present news to the public produces different perceptions and, thus, incurs different investor behavior. To analyze such...
Persistent link: https://www.econbiz.de/10011076250
Securities and Exchange Commission’s (SEC) misguided 2014 reforms responded by potentially exacerbating MMF fragility while …Since the 2008 financial crisis, in which the Reserve Primary Fund "broke the buck," money market funds (MMFs) have … been the subject of ongoing policy debate. Many commentators view MMFs as a key contributor to the crisis because …
Persistent link: https://www.econbiz.de/10010428143
Securities and Exchange Commission's (SEC) misguided 2014 reforms responded by potentially exacerbating MMF fragility while …Since the 2008 financial crisis, in which the Reserve Primary Fund "broke the buck," money market funds (MMFs) have … been the subject of ongoing policy debate. Many commentators view MMFs as a key contributor to the crisis because …
Persistent link: https://www.econbiz.de/10010426999
Securities and Exchange Commission's (SEC) misguided 2014 reforms responded by potentially exacerbating MMF fragility while …Since the 2008 financial crisis, in which the Reserve Primary Fund "broke the buck," money market funds (MMFs) have … been the subject of ongoing policy debate. Many commentators view MMFs as a key contributor to the crisis because …
Persistent link: https://www.econbiz.de/10010986421
Persistent link: https://www.econbiz.de/10011790739
Shadow banking is a broad concept. A possible definition is that it comprises non-bank institutions which undertake bank-like activities. Another characteristic is that the sector is overall less regulated. Therefore there are still shortcomings in systematic collection of information of the sector.
Persistent link: https://www.econbiz.de/10011985212
This paper develops a new financial stress measure (Cleveland Financial Stress Index, CFSI) that considers the supervisory objective of identifying risks to the stability of the financial system. The index provides a continuous signal of financial stress and broad coverage of the areas that...
Persistent link: https://www.econbiz.de/10013083731
credit default swaps that were used to insure mortgage-backed securities would have been low because housing investments were …
Persistent link: https://www.econbiz.de/10013155688
We introduce a financial stress index developed by the Office of Financial Research (OFR FSI) and detail its purpose, construction, interpretation, and use in financial market monitoring. Using a logistic regression framework and dates of government intervention in the financial system as a...
Persistent link: https://www.econbiz.de/10012944549