Trade in seeds is key to guarantee access to food across the globe. COVID-19 led to concerns that seed supply chains would be disrupted and that countries relying on imported seed would not have sufficient supplies for the upcoming season. Focusing on the impact of COVID-19 from the perspective...

The need for the management of risks related to the COVID-19 epidemic in health, economics, finance and insurance became obvious after its outbreak. As a basis for respective quantitative methods, the paper models in a novel manner the dynamics of an epidemic via a four-dimensional stochastic...

Using transaction data from the first half of 2020, we examine the reaction of corporate credit spreads to the Federal Reserve's monetary policy announcements. We find evidence that the bond markets are segmented across credit ratings, which led to different initial reactions across bonds with...

The outbreak of COVID-19 has triggered a fall in the pandemic has completely changed the worldandtransformedour lives, the patterns of economies, and the behaviour of businesses. The market has the tendency to perceive long-term shocks which economy can give to the market, but contrary to...

We examine key developments in trade-related activity in derivatives markets during the COVID-19 pandemic. Using a unique database spanning 113 exchanges and 40 countries, we find significant large increases in volumes and open interest using event study methods. Further, drawing upon techniques...

This paper presents an innovative pandemic bond aimed to buffer the financial blow of pandemics on life insurers and similar entities at risk. Issued by private entities such as (re)insurers, this bond bases its payoff on pandemic data released by public bodies like the World Health...