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We examine how monetary policy of the Federal Reserve System, COVID-19 mortality cases, and vaccinations are associated … vaccination and the movements. These findings are consistent with panel regression results. Specifically, we find that the … systemic COVID-19 shock in the US stock market is alleviated by an increase in the number of COVID-19 vaccination doses …
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2020 to April 2021. We document that vaccination programs assist in decreasing the volatility of energy stocks around the …
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The COVID-19 pandemic has exerted a remarkable impact on stock market volatility around the globe. Can vaccination …, 2020, to February 18th, 2021. We provide convincing evidence that the vaccination helps to stabilize the global equity …
Persistent link: https://www.econbiz.de/10013236020
The announcement of Pfizer/BioNTech’s COVID-19 vaccine success on 9 November 2020 led to a global stock market surge. But how did the general public respond to such good news? We report results of a nation-wide natural experiment in the US and the UK on how the vaccine news influenced...
Persistent link: https://www.econbiz.de/10013250581
This paper examines the impact of vaccination programs on the stock market volatility of the travel and leisure sector …. Using daily data from 56 countries over the period from January 2020 to March 2021, we find that vaccination leads to a … decrease in the investment risk of travel and leisure companies. Vaccination results in a decrease in the volatility of stock …
Persistent link: https://www.econbiz.de/10013273103
We examine the role of the vaccine initiation rate in mitigating the international stock market volatility during COVID-19. Our findings reflect that the positive effect of the vaccine initiation rate assists in stabilizing the international stock markets. This possible effect is stronger for...
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