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This paper investigates the impact of economic policy uncertainty (EPU) on the crash risk of US stock market during the COVID-19 pandemic. To this end, we use the GARCH-S (GARCH with skewness) model to estimate daily skewness as a proxy for the stock market crash risk. The empirical results show...
Persistent link: https://www.econbiz.de/10012510333
Background: The notion of smart city has grown popular over the past few years. It embraces several dimensions depending on the meaning of the word “smart” and benefits from innovative applications of new kinds of information and communications technology to support communal sharing....
Persistent link: https://www.econbiz.de/10011590473