search query: @author Stewart, J. D. / total: 2
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Author:Stewart, J. D.
Hein, S. E.
Title:An investigation of the effect of the 1990 reserve requirement change on financial asset prices
Journal:Journal of Financial Research
2002 : FALL, VOL. 25:3, p. 367-382
Index terms:Asset valuation
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Language:eng
Abstract:The evidence of the study indicates a decline in Eurodollar interest rates relative to other money market rates. Evidence shows also that bank shareholders were recipients of abnormal share price appreciation following the announcement. There is little evidence to indicate that shareholders outside of the banking industry experienced similar abnormal gains.
SCIMA record nr: 239802
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