Narrow search
Showing 1 - 10 of 222
Cover Image
The impact of containment measures and monetary and fiscal responses on US financial markets during the Covid-19 pandemic
Abakah, Emmanuel Joel Aikins; Caporale, Guglielmo Maria; … - 2021
This paper analyses the effects of containment measures and monetary and fiscal responses on US financial markets during the Covid-19 pandemic. More specifically, it applies fractional integration methods to analyse their impact on the daily S&P500, the US Treasury Bond Index (USTB), the S&P...
Persistent link: https://www.econbiz.de/10012584220
Cover Image
Energy Contagion in the COVID-19 Crisis
Heinlein, Reinhold - 2020
We investigate the relationship between oil prices and stock markets of selected oil importers and oil exporters at the time of the COVID-19 pandemic. We provide evidence in favour of energy contagion, in term of significantly higher correlations between oil and stock markets returns during...
Persistent link: https://www.econbiz.de/10012831660
Cover Image
Trade finance, gaps and the Covid-19 pandemic : a review of events and policy responses to date
Auboin, Marc - 2021
Developments in trade finance in 2020 were largely driven by the impact of the COVID-19 pandemic. Twelve years after the great financial crisis of 2008-09, the issue of trade finance re-emerged as a matter of urgency. While the current pandemic-related crisis did not have a financial cause, one...
Persistent link: https://www.econbiz.de/10012438361
Cover Image
Drivers of large recessions and monetary policy responses
Melina, Giovanni; Villa, Stefania - 2023
Shocks to capital utilization are introduced in a structural macroeconomic closed-economy model with financial frictions to capture disruptions on the ability of the capital stock to provide capital services used in production. Estimates for the Euro Area and the United States show that these...
Persistent link: https://www.econbiz.de/10014320690
Cover Image
Fear, trust and demand for regulation : evidence from the Covid-19 pandemic in Russia
Borisova, Ekaterina; Frye, Timothy; Schoors, Koen; … - 2022
Understanding demand for state regulation is a foundational issue for social science. To account for this demand … attention to fear. We test how fear and trust shape demand for government regulation by drawing on especially precise measures … fear of contracting the virus is directly related to greater demand for regulation. In addition, the impact of trust is …
Persistent link: https://www.econbiz.de/10013473338
Cover Image
Fear, Trust and Demand for Regulation : Evidence from the COVID-19 Pandemic in Russia
Borisova, Ekaterina; Frye, Timothy; Schoors, Koen J. L.; … - 2023
Understanding demand for state regulation is a foundational issue for social science. To account for this demand … attention to fear. We test how fear and trust shape demand for government regulation by drawing on especially precise measures … fear of contracting the virus is directly related to greater demand for regulation. In addition, the impact of trust is …
Persistent link: https://www.econbiz.de/10014261477
Cover Image
Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations
Hanspal, Tobin - 2020
We survey a representative sample of US households to study how exposure to the COVID-19 stock market crash affects expectations and planned behavior. Wealth shocks are associated with upward adjustments of expectations about retirement age, desired working hours, and household debt, but have...
Persistent link: https://www.econbiz.de/10012835653
Cover Image
Inside the Mind of a Stock Market Crash
Giglio, Stefano - 2020
We analyze how investor expectations about economic growth and stock returns changed during the February-March 2020 stock market crash induced by the COVID-19 pandemic, as well as during the subsequent partial stock market recovery. We surveyed retail investors who are clients of Vanguard at...
Persistent link: https://www.econbiz.de/10012832080
Cover Image
Financial uncertainty and real activity : the good, the bad, and the ugly
Caggiano, Giovanni; Castelnuovo, Efrem; Delrio, Silvia; … - 2020
This paper quantifies the finance uncertainty multiplier (i.e., the magnifying effect of the real impact of uncertainty shocks due to financial frictions) by relying on two historical events related to the US economy, i.e., the large jump in financial uncertainty occurred in October 1987 (which...
Persistent link: https://www.econbiz.de/10012245103
Cover Image
Inside the mind of a stock market crash
Giglio, Stefano; Maggiori, Matteo; Stroebel, Johannes; … - 2020 - First draft: April 4th 2020, this draft: May 21, 2020
We analyze how investor expectations about economic growth and stock returns changed during the February-March 2020 stock market crash induced by the COVID-19 pandemic, as well as during the subsequent partial stock market recovery. We surveyed retail investors who are clients of Vanguard at...
Persistent link: https://www.econbiz.de/10012224226