COVID-19 and Monetary policy with zero bounds: A cross-country investigation [0.03%]
零下限约束下的新冠肺炎与货币政策：一项跨国调查研究
Hakan Yilmazkuday
Hakan Yilmazkuday
Using daily data on policy rates from 28 advanced economies and 32 emerging markets, this paper investigates the monetary policy reaction function of central banks during the Coronavirus Disease 2019 (COVID-19) outbreak. The results show th...
Impacts of COVID-19 outbreak on the spillovers between US and Chinese stock sectors [0.03%]
新冠肺炎疫情对美中股市部门溢出效应的影响
Waqas Hanif,Walid Mensi,Xuan Vinh Vo
Waqas Hanif
This paper examines the impacts of COVID-19 outbreak on the spillover between ten US and Chinese equity sectors. We use Copula and Conditional Value at Risk approaches. The results show evidence of asymmetric tail dependence during the COVI...
Xianhang Qian,Shanyun Qiu,Guangli Zhang
Xianhang Qian
Using data on monthly community-level confirmed COVID-19 cases and housing price in China, we investigate the impact of COVID-19 on housing price. With the difference-in-difference method, we find that the housing price of the communities w...
Anh Viet Pham,Christofer Adrian,Mukesh Garg et al.
Anh Viet Pham et al.
We use state-level data to evaluate the connection between outbreaks of COVID-19 and stock returns over the period January-June 2020. We show that daily increases in the number of infected cases, hospitalized cases, and deaths are negativel...
Using Soccer Games as an Instrument to Forecast the Spread of COVID-19 in Europe [0.03%]
用足球比赛作为预测欧洲COVID-19传播的工具
Juan-Pedro Gómez,Maxim Mironov
Juan-Pedro Gómez
We provide strong empirical support for the contribution of soccer games held in Europe to the spread of the COVID-19 virus in March 2020. We analyze more than 1,000 games across 194 regions from 10 European countries. Daily cases of COVID-...
Sharif Mazumder,Pritam Saha
Sharif Mazumder
This study analyzes the relationship between COVID-19 related fear and short-term IPO performance. Though the average market-adjusted initial return of IPOs in the year 2020 is higher than that of the last four decades, it decreases if fear...
Quantifying financial market dynamics: Scaling law in rank mobility of Chinese stock prices [0.03%]
中国股市价格等级流动性的_scaling律研究金融市场动力学
Yongbin Shi,Miao Yu,Liujun Chen et al.
Yongbin Shi et al.
Rank mobility, which was designed to measure the average variation of relative rank positions with respect to any absolute variable over a given time period, can be used to explore how the memory of stock price ranking orders fades over tim...
The only certainty is uncertainty: An analysis of the impact of COVID-19 uncertainty on regional stock markets [0.03%]
唯一可以确定的是不确定性——对新冠肺炎疫情不确定性影响的实证研究
Jan Jakub Szczygielski,Princess Rutendo Bwanya,Ailie Charteris et al.
Jan Jakub Szczygielski et al.
Uncertainty surrounding COVID-19 is widespread. We investigate the timing and quantify the impact of COVID-19 related uncertainty on returns and volatility for regional market aggregates using ARCH/GARCH models. Drawing upon economic psycho...
The impact of COVID-19 on industry-related characteristics and risk contagion [0.03%]
COVID-19对行业特征及相关风险传染的影响分析
Zhong-Fei Li,Qi Zhou,Ming Chen et al.
Zhong-Fei Li et al.
We use the cutting-edge causal forest algorithm to analyze the heterogeneous treatment effects of the COVID-19 outbreak on China's industry indexes. The variable importance index is used with the causal forest and complex network methods to...
Md Akhtaruzzaman,Sabri Boubaker,Mardy Chiah et al.
Md Akhtaruzzaman et al.
This study investigates oil price risk exposure of financial and non-financial industries around the world during the COVID-19 pandemic. The empirical results show that oil supply industries benefit from positive shocks to oil price risk in...