Internal capital markets, corporate investment, and the COVID-19 pandemic: Evidence from Korean business groups [0.03%]
内部资本市场、公司投资与COVID-19疫情：来自韩国企业集团的证据
Sangwon Lee
Sangwon Lee
This paper examines whether the investment of Korean business group ("chaebol") affiliated firms behaved differently from that of non-chaebol firms in response to the COVID-19 outbreak. I show that chaebol firms cut back investment to a les...
Evidence of oil market price clustering during the COVID-19 pandemic [0.03%]
COVID-19大流行期间石油市场价格聚类的证据
Paresh Kumar Narayan
Paresh Kumar Narayan
We use hourly data on opening price, closing price, opening ask price, opening bid price, closing ask price and closing bid price to show that while oil prices are characterized by price clustering behavior, prices tend to cluster on number...
Covid-19 pandemic and spillover effects in stock markets: A financial network approach [0.03%]
COVID-19疫情与股市的溢出效应：金融网络方法分析
Aristeidis Samitas,Elias Kampouris,Stathis Polyzos
Aristeidis Samitas
This paper examines the impact of the COVID-19 pandemic on 51 major stock markets, both emerging and developed. We isolated the countries susceptible to shock transmissions, and evaluated countries with immunity, during the lockdown. Specif...
The impact and role of COVID-19 uncertainty: A global industry analysis [0.03%]
COVID-19不确定性的影响和作用：全球行业分析
Jan Jakub Szczygielski,Ailie Charteris,Princess Rutendo Bwanya et al.
Jan Jakub Szczygielski et al.
The novel 2019 coronavirus (COVID-19) has resulted in uncertainty that permeates every aspect of life and business. In this study we undertake a comprehensive analysis of the impact of COVID-19 related uncertainty on global industry returns...
Financial contagion intensity during the COVID-19 outbreak: A copula approach [0.03%]
COVID-19疫情期间的金融传染强度：copula方法分析
Ramzi Benkraiem,Riadh Garfatta,Faten Lakhal et al.
Ramzi Benkraiem et al.
The sudden and rapid spread of the novel coronavirus (COVID-19) has had a severe impact on financial markets and economic activities all over the world. The purpose of this paper is to investigate the existence and intensity of financial co...
Network based evidence of the financial impact of Covid-19 pandemic [0.03%]
基于网络的证据显示COVID-19大流行对金融的影响
Daniel Felix Ahelegbey,Paola Cerchiello,Roberta Scaramozzino
Daniel Felix Ahelegbey
How much the largest worldwide companies, belonging to different sectors of the economy, are suffering from the pandemic? Are economic relations among them changing? In this paper, we address such issues by analyzing the top 50 S&P companie...
Gold or Bitcoin, which is the safe haven during the COVID-19 pandemic? [0.03%]
黄金或比特币，哪个是在COVID-19大流行中的避风港？
Fenghua Wen,Xi Tong,Xiaohang Ren
Fenghua Wen
This study compares the dynamic spillover effects of gold and Bitcoin prices on the oil and stock market during the COVID-19 pandemic via time-varying parameter vector autoregression. Both time-varying and time-point results indicate that g...
Pandemic-driven financial contagion and investor behavior: Evidence from the COVID-19 [0.03%]
疫情驱动的金融传染与投资者行为：来自COVID-19的证据
Ying Yuan,Haiying Wang,Xiu Jin
Ying Yuan
This paper studies the pandemic-driven financial contagion during the COVID-19 period and the impact of investor behavior on it by constructing three types of direct behavior measurements based on Google search volumes. More specifically, u...
When bitcoin lost its position: Cryptocurrency uncertainty and the dynamic spillover among cryptocurrencies before and during the COVID-19 pandemic [0.03%]
当比特币失去其地位时：疫情期间的加密货币不确定性及动态溢出效应分析
Mohammad Al-Shboul,Ata Assaf,Khaled Mokni
Mohammad Al-Shboul
This paper examines the dynamic spillovers among the major cryptocurrencies under different market conditions and accounts for the ongoing COVID-19 health crisis. We also investigate whether cryptocurrency policy (CCPO) uncertainty and cryp...
Geographical diversification using ETFs: Multinational evidence from COVID-19 pandemic [0.03%]
使用ETF进行地理多元化：来自COVID-19大流行的跨国证据
Hamed Yousefi,Mohammad Najand
Hamed Yousefi
We examine the relations between dollar flows of U.S. listed ETFs with exposure to the U.S., Europe, Asia, and the rest of the world following an emergency like the COVID-19 crisis. Using a Markov Switching Model (MSVAR), we find evidence t...