The effect of US protectionist policy on stock prices of firms in the US and abroad is still an open question. This book, first published in 1996, investigates the effects of trade restrictions at the level of the individual firm, focusing on US, Taiwan and South Korea.
Table of Contents
1. Introduction 2. Literature Review 3. Trade News and Stock Prices 4. Empirical Investigation for US Import-Competing Firms 5. Empirical Investigation for Taiwanese Export-Oriented Firms 6. Empirical Investigation for South Korean Export-Oriented Firms 7. Comparison and Conclusion