Once bitten, twice bold? Early life tragedy and central bankers' reaction to COVID-19 [0.03%]
初犯胆愈增？早期生活中的不幸遭遇与新冠肺炎时期的央行行长反应
Maqsood Aslam,Etienne Farvaque
Maqsood Aslam
Have negative experiences (in particular, natural disasters) that central bankers' have known in their early life influenced monetary policy decisions in front of the COVID-19 pandemic? We answer this question using a sample of 19 developin...
The stock price reaction of the COVID-19 pandemic on the airline, hotel, and tourism industries [0.03%]
新冠疫情对航空、酒店和旅游行业股票价格的影响
David Carter,Sharif Mazumder,Betty Simkins et al.
David Carter et al.
This paper investigates the stock market performance from the second half of February through the latter portion of March 2020 for U.S. travel-related firms (airlines, restaurants, and hotels) in response to the COVID-19 pandemic. Clearly t...
Term spreads and the COVID-19 pandemic: Evidence from international sovereign bond markets [0.03%]
新冠疫情下的期限利差溢价：来自国际主权债券市场的证据
Adam Zaremba,Renatas Kizys,David Y Aharon et al.
Adam Zaremba et al.
We explore the impact of the COVID-19 pandemic on the term structure of interest rates. Using data from developed and emerging countries, we demonstrate that the expansion of the disease significantly affects sovereign bond markets. The gro...
Daniel Neukirchen,Nils Engelhardt,Miguel Krause et al.
Daniel Neukirchen et al.
We investigate the relationship between firm efficiency and stock returns during the COVID-19 pandemic. We find that highly efficient firms experienced at least 9.44 percentage points higher cumulative returns during the market collapse. A ...
A shot for the US economy [0.03%]
提振美国经济的举措
Martin Gächter,Florian Huber,Martin Meier
Martin Gächter
While previous literature examines the effects of increasing COVID-19 incidences and fatality rates on economic activity, the impact of vaccination roll-outs on public health and the economy is not yet well understood. We examine the effect...
Impact of COVID-19 exposure on working capital management: The moderating effect of investment opportunities and government incentives [0.03%]
新冠肺炎疫情影响下的营运资金管理：基于投资机会与政府激励的调节效应研究
Augustine Tarkom
Augustine Tarkom
This study examines the impact of the COVID-19 pandemic on firms' working capital management (WCM) covering 2,542 US-publicly traded firms for the period 2019Q1-2021Q2. Proxying WCM as cash conversion cycle (CCC), I find that COVID-19-expos...
Performance of socially responsible firms during the COVID-19 crisis and trading behavior by investor type: Evidence from the Korean stock market [0.03%]
韩国股市中新冠肺炎危机期间社会负责任企业的表现及不同投资者类型的行为反应
Sangki Lee,Dongyoup Lee,Chunghun Hong et al.
Sangki Lee et al.
The COVID-19 pandemic in Korea provides grounds for understanding the effect of corporate social responsibility (CSR) on the stock returns and trading behavior of investors, particularly when most businesses have fallen on hard times. This ...
COVID-19 and cryptocurrency volatility: Evidence from asymmetric modelling [0.03%]
新型冠状病毒肺炎疫情与加密货币的波动性：不对称建模的证据
Nicholas Apergis
Nicholas Apergis
This paper analyzes the role of COVID-19 pandemic crisis in determining and forecasting conditional volatility returns for a set of eight cryptocurrencies through an asymmetric GARCH modeling approach. The findings report that the COVID-19 ...
Yasmine Farzami,Russell Gregory-Allen,Alexander Molchanov et al.
Yasmine Farzami et al.
We investigate the impact of the COVID-19 pandemic on liquidity interlinkages of US industry groups. We employ a lead-lag liquidity network method that allows us to analyse liquidity interrelationships beyond contemporaneous spillover effec...
Google search volumes and the financial markets during the COVID-19 outbreak [0.03%]
新冠肺炎疫情期间的谷歌搜索量与金融市场动态
Michele Costola,Matteo Iacopini,Carlo R M A Santagiustina
Michele Costola
During the outbreak of the COVID-19, concerns related to the severity of the pandemic have played a prominent role in investment decisions. In this paper, we analyze the relationship between public attention and the financial markets using ...