Analysis of risk correlations among stock markets during the COVID-19 pandemic [0.03%]
COVID-19大流行期间股市风险关联性分析
JunFeng Wu,Chao Zhang,Yun Chen
JunFeng Wu
The outbreak of the COVID-19 pandemic significantly negatively impacted the global economy and stock markets. This paper investigates the stock-market tail risks caused by the COVID-19 pandemic and how the pandemic affects the risk correlat...
The 2008 global financial crisis and COVID-19 pandemic: How safe are the safe haven assets? [0.03%]
2008年全球金融危机和COVID-19疫情：避险资产真的安全吗？
Muhammad A Cheema,Robert Faff,Kenneth R Szulczyk
Muhammad A Cheema
We compare the performance of safe-haven assets during the Global Financial Crisis (GFC) and COVID-19 pandemic. First, regarding the GFC, we find, intermediate (weak) safe haven evidence for US dollar, Swiss franc and T-bonds (Gold, Silver ...
COVID-19 Pandemic and firm-level dynamics in the USA, UK, Europe, and Japan [0.03%]
COVID-19大流行以及美国、英国、欧洲和日本的公司动态研究
Wasim Ahmad,Ali M Kutan,Rishman Jot Kaur Chahal et al.
Wasim Ahmad et al.
This paper examines the impact of the coronavirus pandemic during its first and second waves for the USA, UK, Europe, and Japan. We explore the firm-level dynamics and exhibit the impact of coronavirus events on large and small firms and fi...
"Shiny" crypto assets: A systemic look at gold-backed cryptocurrencies during the COVID-19 pandemic [0.03%]
“闪亮”的加密资产：系统地审视COVID-19疫情期间的黄金支持型加密货币
Akanksha Jalan,Roman Matkovskyy,Larisa Yarovaya
Akanksha Jalan
In this paper, we empirically analyse the performance of five gold-backed stablecoins during the COVID-19 pandemic and compare them to gold, Bitcoin and Tether. In the digital assets' ecosystem, gold-backed cryptocurrencies have the potenti...
Yen Tran,Huong Vu,Patrycja Klusak et al.
Yen Tran et al.
Using 603 sovereign rating actions by the three leading global rating agencies between January 2020 and March 2021, this paper shows that the severity of sovereign ratings actions is not directly affected by the intensity of the COVID-19 he...
Investors' reactions and firms' actions in the Covid-19 period: The case of Taiwan [0.03%]
COVID-19疫情期间台湾投资者反应和企业行为分析
Junming Hsu,Weiju Young,Yu-Wen Huang
Junming Hsu
This study investigates the stock performance of industries in the panic, rebound, and post-V-shaped periods separated by Covid-19 events in Taiwan, in which industries are classified as the detrimental, impaired, neutral, and beneficial gr...
Effects of investor sentiment and country governance on unexpected conditional volatility during the COVID-19 pandemic: Evidence from global stock markets [0.03%]
投资者情绪和国家治理对COVID-19疫情期间意外的条件波动性的影响：来自全球股市的证据
Yu-Lin Hsu,Leilei Tang
Yu-Lin Hsu
This paper first investigates the relationship between investor sentiment, captured by internet search behaviour, and the unexpected component of stock market volatility during the COVID-19 pandemic. According to data on 12 major stock mark...
How does China's stock market react to supply chain disruptions from COVID-19? [0.03%]
中国股市如何回应COVID-19造成的供应链中断？
Zhixuan Wang,Yanli Dong,Ailan Liu
Zhixuan Wang
As a once-in-a-century global pandemic, COVID-19 severely hit the global economy and disrupted the worldwide supply chain. Based on 505 Chinese firms, we use the event study method to explore the effect of COVID-19 on the financial performa...
Impacts of COVID-19 outbreak, macroeconomic and financial stress factors on price spillovers among green bond [0.03%]
COVID-19爆发，宏观和金融压力因素对绿色债券价格传导的影响
Walid Mensi,Mobeen Ur Rehman,Xuan Vinh Vo
Walid Mensi
We examine the impacts of the COVID-19 pandemic and global risk factors on the upside and downside price spillovers of MSCI global, building, financial, industrial, and utility green bonds (GBs). Using copulas, CoVaR, and quantile regressio...
Constructing a positive sentiment index for COVID-19: Evidence from G20 stock markets [0.03%]
构建COVID-19的积极情绪指数：来自G20股市的证据
Dimitris Anastasiou,Antonis Ballis,Konstantinos Drakos
Dimitris Anastasiou
The present study investigates the degree of market responses through the scope of investors' sentiment during the COVID-19 pandemic across G20 markets by constructing a novel positive search volume index for COVID-19 (COVID19+). Our key fi...