Yongmin Zhang,Ruizhi Wang
Yongmin Zhang
COVID-19 pandemic has affected almost all aspects of the global economy, especially commodity futures markets, due to the disruption risk of global supply chains from the pandemic lockdown. This paper extends ARMA-GARCH models to investigat...
Environmental performance and firm financing during COVID-19 outbreaks: Evidence from SMEs [0.03%]
COVID-19疫情期间环境绩效与企业融资：来自中小企业的证据
Nirosha Hewa Wellalage,Vijay Kumar,Ahmed Imran Hunjra et al.
Nirosha Hewa Wellalage et al.
The COVID-19 pandemic has resulted in substantial constraints for small and medium enterprises (SMEs) worldwide. The techniques in which SMEs handle recent crises and the degree to which environmental performance is advantageous when the ma...
Short-term working allowance and firm risk in the post-COVID-19 period: Novel matching evidence from an emerging market [0.03%]
COVID-19后短期工作津贴与企业风险：来自新兴市场的新的匹配证据
Ömer Tuğsal Doruk,Serhat Konuk,Rümeysa Atici
Ömer Tuğsal Doruk
In the present study, we examine the effect of government fiscal policy on firm risk in the post-COVID-19 period for an emerging market: Turkey. By doing so, we utilize a propensity score matching method to examine the effect of the short-t...
Exchange rate exposure in the South African stock market before and during the COVID-19 pandemic [0.03%]
COVID-19大流行前后南非股票市场的汇率风险暴露问题
Bernard Njindan Iyke,Sin-Yu Ho
Bernard Njindan Iyke
We examine the nature of exchange rate exposure before and during the COVID-19 pandemic. Using a multifactor arbitrage pricing model and daily data from South Africa, we show that, as compared with sectors, industries have been more exposed...
Transitions in the cryptocurrency market during the COVID-19 pandemic: A network analysis [0.03%]
COVID-19大流行期间的数字货币市场转变：网络分析
David Vidal-Tomás
David Vidal-Tomás
In this letter, we identify the transitions of the cryptocurrency market during the pandemic by means of a network analysis. This method allows us to observe that COVID-19 significantly affected cryptocurrencies during a short period of fin...
The COVID-19 shock and long-term interest rates in emerging market economies [0.03%]
新冠疫情冲击和新兴市场经济体的长期利率
Jakub Janus
Jakub Janus
Motivated by a divergent behavior of long-term sovereign bond yields across emerging market economies in the onset of the COVID-19 pandemic, we employ the Bayesian model averaging to uncover the country-specific factors that explain those d...
Remarks on the behaviour of financial market efficiency during the COVID-19 pandemic. The case of VIX [0.03%]
关于COVID-19疫情期间金融市场效率的行为 remarks。以VIX为例
Bogdan Dima,Ştefana Maria Dima,Roxana Ioan
Bogdan Dima
This paper investigates the Chicago Board Option Exchange Volatility Index's ('VIX') response to the COVID-19 pandemic crisis, in terms of information efficiency. First, we estimate an Efficiency Index over rolling windows, based on closing...
Ameet Kumar Banerjee
Ameet Kumar Banerjee
The paper aims to investigate the existence of financial contagion between China and its major trading partners during the ongoing COVID-19 pandemic using the multivariate ADCC-EGARCH model. The analysis results reveal significant financial...
Yu Liu,Siqi Wei,Jian Xu
Yu Liu
The impacts of crises are never gender-neutral, and the COVID-19 pandemic is no exception. Using a brand-new dataset covering 24 countries, we document that women-led businesses are subject to a higher likelihood of closure and a longer clo...
Volatility in International Sovereign Bond Markets: The role of government policy responses to the COVID-19 pandemic [0.03%]
国际主权债券市场波动性：政府对新冠疫情的政策反应的作用
Adam Zaremba,Renatas Kizys,David Y Aharon
Adam Zaremba
Effective government policies may reduce uncertainty in sovereign bond markets. Can policy responses help to curb bond market volatility during the COVID-19 pandemic? To answer this, we examine data from 31 developed and emerging markets du...