全球智库信息集成服务系统(G2TT): The Effects of War Risk on U.S. Financial Markets

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w9609
来源ID	Working Paper 9609
	The Effects of War Risk on U.S. Financial Markets
	Roberto Rigobon; Brian Sack
发表日期	2003-04-07
出版年	2003
语种	英语
摘要	This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices, a widening of lower-grade corporate spreads, a fall in the dollar, and a rise in oil prices. This war risk factor' accounted for a considerable portion of the variance of these financial variables over the ten weeks leading up to the onset of war with Iraq.
主题	Macroeconomics ; Money and Interest Rates
URL	https://www.nber.org/papers/w9609
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/567233
推荐引用方式 GB/T 7714	Roberto Rigobon,Brian Sack. The Effects of War Risk on U.S. Financial Markets. 2003.