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Using Google’s recently introduced COVID-19 Community Mobility Reports, we test the effects of stay-at-home activity on the US stock market outcomes. We argue that shocks to residential and workplaces mobility reflect stay-at-home activity and capture shocks to retail investor inattention and...
Persistent link: https://www.econbiz.de/10013312190
Using Google’s recently introduced COVID-19 Community Mobility Reports, we test the effects of stay-at-home activity on the US stock market outcomes. We argue that shocks to residential and workplaces mobility reflect stay-at-home activity and capture shocks to retail investor inattention and...
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