A Financial Crisis Study: How Fiscal And Monetary Policy Affects The Stock Market Returns Considering The Specific Counties
This paper measures the impacts of fiscal and monetary policy adjustments on stock markets in U.S., Sweden, and China, during the financial crisis of 2007-2009. The purpose of this paper is to gauge the direction and magnitude of stock market responses to the policy announcements and compare the effects of policies across these three countries. A four-year period prior to financial crisis is selec