How to calm down the markets? The effects of COVID-19 economic policy responses on financial market uncertainty [0.03%]
如何平息市场？新冠肺炎疫情经济政策应对与金融市场不确定性之间的关系分析
Oleg Deev,Tomáš Plíhal
Oleg Deev
Financial markets during the COVID-19 pandemic are characterized by a prolonged period of increased uncertainty. In this paper, we analyse how the announcements of policy interventions and responses, to buffer short-term economic impact of ...
M Kabir Hassan,M Sydul Karim,Shari Lawrence et al.
M Kabir Hassan et al.
We examine the immediate impact of COVID-19 on the performance of FDIC chartered banks. Our experimental design analyses the performance of community banks and large banks before and during the COVID-19 pandemic. Community banks significant...
The market reaction to syndicated loan announcements before and during the COVID-19 pandemic and the role of corporate governance [0.03%]
新冠疫情前后的联合贷款公告的市场反应及其与公司治理的关系
Ioannis Tampakoudis,Athanasios Noulas,Nikolaos Kiosses
Ioannis Tampakoudis
This study examines the wealth effects of syndicated loan announcements before and after the onset of the COVID-19 outbreak. Using a sample of 637 loan announcements by European borrowers, we find significantly higher wealth gains during th...
The COVID-19 pandemic, volatility, and trading behavior in the bitcoin futures market [0.03%]
新冠病毒疫情，波动率及比特币期货市场交易行为分析
Beum-Jo Park
Beum-Jo Park
This paper contributes to the literature on the coronavirus (COVID-19) pandemic impacts on the Bitcoin futures (BTCF) market and to the ongoing consideration of the dynamic relationship between volatility (or returns) and trading behavior v...
Jie Li,Yahui An,Lidan Wang et al.
Jie Li et al.
In this study, we provide evidence suggesting that in countries with severe disaster experience (SDE), the response to the coronavirus disease 2019 (COVID-19) pandemic is characterized by a higher level of attention in the population, more ...
Zhifeng Liu,Toan Luu Duc Huynh,Peng-Fei Dai
Zhifeng Liu
This study investigates the impact of the COVID-19 pandemic on the stock market crash risk in China. For this purpose, we first estimated the conditional skewness of the return distribution from a GARCH with skewness (GARCH-S) model as the ...
Firm-level trade credit responses to COVID-19-induced monetary and fiscal policies: International evidence [0.03%]
COVID-19引发的财政和货币政策如何影响企业的贸易信贷：国际证据
Ahmed Al-Hadi,Almukhtar Al-Abri
Ahmed Al-Hadi
This paper provides preliminary evidence of the effects of fiscal and monetary policies designed to mitigate and contain the adverse economic impacts of COVID-19 on supplier-customer relationships during the first two quarters of 2020. We c...
Fernando Díaz,Pablo A Henríquez,Diego Winkelried
Fernando Díaz
The media has prominently featured the totemic reproductive number R in its COVID-19 coverage despite being an imperfect measure of the degree of infectivity of the virus. As such, it conveys information to the public regarding the state of...
Financing constraints and firm-level responses to the COVID-19 pandemic: International evidence [0.03%]
融资约束及企业对新冠肺炎疫情的反应：国际证据
Safi Ullah Khan
Safi Ullah Khan
We explore whether financing constraints affected the ways in which small and medium-sized enterprises navigated through the economic disruptions caused by the COVID-19 pandemic. We draw on data from a novel source, the COVID-19 Impact Foll...
The influence of the COVID-19 pandemic on the hedging functionality of Chinese financial markets [0.03%]
新冠疫情对中国金融市场套期保值功能的影响
Shaen Corbet,Yang Greg Hou,Yang Hu et al.
Shaen Corbet et al.
In this paper, we investigate both constant and time-varying hedge ratios in terms of the effectiveness of CSI300 index futures during the COVID-19 crisis. Using naïve, OLS and EC/ROLS strategies to estimate constant hedge ratios, results ...