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conventional stock indices in the world's big stock markets. The study is also the first one to use the longest data period among …
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This study delves into the impacts of the 2008 global financial crisis (GFC) and the COVID-19 health crisis on U.S. financial indices, exploring the intricate relationship between economic shocks and these indices during downturns. Using Markov switching regression models and control variables,...
Persistent link: https://www.econbiz.de/10014636196
This paper compares the performance of safe haven assets during two stressful stock market regimes – the 2008 Global Financial Crisis (GFC) and COVID-19 pandemic. Our analysis across the ten largest economies in the world shows that the traditional choice, gold, acts as a safe haven during the...
Persistent link: https://www.econbiz.de/10012835390
The COVID-19 pandemic has induced chaos and turbulence in financial markets. The ongoing discussions and expectations for the future are quite bleak. In this study, we analyze the current status of the deterioration in foreign exchange markets by comparing it with the turbulence seen in the...
Persistent link: https://www.econbiz.de/10012835968
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characteristics and behavior of these two types of crises using real and experimental data to apply a large number of growth rates …
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