Evidence map›Paper›PMID 39553599›Full record

ReviewHeliyon2024

How does the Vietnamese stock market react when the Fed gives an announcement in time at the zero lower bound?

Nam Ngo, Huyen Nguyen, Yen Nguyen, Son Le

Abstract readReview
In one paragraph

Review in Heliyon, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Nam NgoFaculty of Finance, Ho Chi Minh University of Banking, Viet Nam.
Huyen NguyenFaculty of Finance, Ho Chi Minh University of Banking, Viet Nam.
Yen NguyenFaculty of Finance, Ho Chi Minh University of Banking, Viet Nam.
Son LeDepartment of Facilities Management, Ho Chi Minh University of Banking, Viet Nam.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

This study analyzes the impact of US's UMP announcements on the Vietnamese stock market during the 2008 GFC and COVID-19 pandemic. Utilizing an event study methodology, it examines both market-wide and sectors-specific stock reactions. The findings reveal overall positive market responses to UMP news in both periods, but with notable differences across industries and crises. During the COVID-19 pandemic, real estate, industrials, materials, and finance sectors exhibited significantly stronger positive reactions compared to the GFC. These sectors maintained positive AARs and CAARs with high statistical significance, suggesting heightened sensitivity to UMP during the pandemic-induced economic downturn. Furthermore, the financial and real estate sectors significantly outperformed their GFC responses during COVID-19, indicating a potential shift in investor sentiment and risk appetite towards these sectors amidst the pandemic's unique economic landscape. This research provides valuable insights into the diverse impacts of UMP across different sectors and crisis contexts.

Indexed as

COVID-19Forward guidanceGlobal financial crisisStock marketUnconventional monetary policy

Identifiers

PMID39553599
PMCPMC11566862

What OpenQuestion holds

Textmetadata
LicenceCC BY-NC
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.