Agatón Lombera, Dante Iván; Cardoso López, Diego Andrés - In: Economies : open access journal 12 (2024) 7, pp. 1-22
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,...