In search of a safe haven in times of turbulence: Effects of First Republic Bank failure on global asset markets
| dc.contributor.author | Nobanee, Haitham | |
| dc.contributor.author | Hamill, Philip Anthony | |
| dc.contributor.author | Azmi, Wajahat | |
| dc.contributor.author | Chakraborty, Dipanwita | |
| dc.contributor.author | Nghiem, Xuan-Hoa | |
| dc.date.accessioned | 2024-05-01T11:45:32Z | |
| dc.date.available | 2024-05-01T11:45:32Z | |
| dc.date.issued | 2024-10 | |
| dc.description.abstract | The failure of First Republic Bank (FRB) - the largest bankruptcy in the US banking system since the GFC - may send chilling effects through different asset markets in the US and even worldwide. This paper aims to clarify the effects of FRB failure on several assets and figure out potential safe havens for investors during the 2023 US banking turmoil. Results from the event study approach reveal that eleven particular assets are relatively safe during the current turbulence. Several important implications are made for investors, portfolio managers, and policymakers. Keywords: Bank failure ,Safe havens , Assets markets, Event study | en |
| dc.identifier.citation | Nobanee, Haitham, et al. "In search of a safe haven in times of turbulence: Effects of First Republic Bank failure on global asset markets." Heliyon 9.10 (2023). | |
| dc.identifier.doi | https://doi.org/10.1016/j.heliyon.2023.e20399 | |
| dc.identifier.uri | https://dspace.adu.ac.ae/handle/1/5255 | |
| dc.language.iso | en | |
| dc.publisher | Science Direct | |
| dc.title | In search of a safe haven in times of turbulence: Effects of First Republic Bank failure on global asset markets | |
| dc.type | Article |