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• W3121884772 abstract "We study industrial reactions to both the global financial crisis of 2008 and the COVID-19 pandemic. Although most industries in the U.S. suffered from the two events, the stock performance of most industries started to recover following the announcements of quantitative easing. Our results indicate that quantitative easing is effective in boosting investor confidence. We also find that the effect of quantitative easing in 2020 on stock performance is more significant for the industries that are more affected by the pandemic." @default.
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• W3121884772 date "2021-10-01" @default.
• W3121884772 modified "2023-10-12" @default.
• W3121884772 title "Global financial crisis and COVID-19: Industrial reactions" @default.
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• W3121884772 doi "https://doi.org/10.1016/j.frl.2021.101940" @default.
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