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Yeqin Zeng

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Open access Aug 2026

The Impact of Monetary Policy Shocks on Stock Price Crash Risk

This study examines the impact of monetary policy shocks (MPS) on future stock price crash risk (SPCR), using a sample of US firms from 1995 to 2019. We find that expansionary MPS significantly reduce the likelihood of SPCR, while contractionary MPS show no statistically significant effect on SPCR. These results rema...

Shun-Shun Xu, Haifeng Guo, Yeqin Zeng · 0 citations

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