Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

In this chapter, I describe Singapore’s economic policy response to the 2020 COVID-19 outbreak. Although the core interest in this discussion is economic, two companion attributes in the suite of Singapore’s policies feature prominently. The first concerns trust in political leadership; the seco...
Keywords: COVID-19, Pandemic, Policy response, Singapore
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Commentaries

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Senior Fellows/Fellows, 2020, Pandemic

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Commentaries

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2020, Pandemic

Like other countries, Singapore has been affected by the pandemic; it has gone through partial lockdown, full lock down, and has just reopened. This article reflects upon and draws learning from its experience....
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Commentaries

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Senior Fellows/Fellows, 2020, Pandemic

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Annual Conference

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Investment Finance, Senior Fellows/Fellows

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May 2014

We present a model where the magnitude of return reversals depends on the number of informed investors as well as the number of active but uninformed investors that play a market making role. Consistent with the model, return reversals are temporarily higher following declines in the number of activ...
Keywords: Short-Term Reversals, Liquidity provision
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