Hong, Hui; Bian, Zhicun; Lee, Chien-Chiang - In: Financial Innovation 7 (2021) 1, pp. 1-18
The effect of COVID-19 on stock market performance has important implications for both financial theory and practice. This paper examines the relationship between COVID-19 and the instability of both stock return predictability and price volatility in the U.S over the period January 1st, 2019 to...