Showing 1 - 10 of 10,508
We compare the performance of safe-haven assets during the Global Financial Crisis (GFC) and COVID-19 pandemic. First, regarding the GFC, we find, intermediate (weak) safe haven evidence for US dollar, Swiss franc and T-bonds (Gold, Silver and T-bills). Second, with regard to COVID, we find gold...
Persistent link: https://www.econbiz.de/10013403098
This paper examined the effect of COVID-19 pandemic on global stock markets. Daily closing prices were obtained from Wall Street data base from 1st January to 31st March 2020. For the analysis 80 trading days were used from 20th January, 2020, when the news of COVID-19 pandemic broke out to 11th...
Persistent link: https://www.econbiz.de/10013241676
The aim of this study is to understand the effect of the recent novel coronavirus pandemic on investor herding behavior …
Persistent link: https://www.econbiz.de/10012632020
This study uses network theory to investigate the change in the dynamics of the financial markets of G20 countries, in the aftermath of COVID-19. The sheer scale, scope, and nature of the disruptions brought by the pandemic makes it an unprecedented global event. We find a major change in the...
Persistent link: https://www.econbiz.de/10012831865
In this paper, we examine the changes in the dependence structure of global stock markets amid the outbreak of COVID-19. We divide 56 stock markets into developed, emerging, and frontier markets and study their daily price data from October 15, 2019 to August 17, 2020 using the canonical vine...
Persistent link: https://www.econbiz.de/10013212057
Financial Crisis (GFC) and COVID-19 pandemic. Our analysis across the ten largest economies in the world shows that the …
Persistent link: https://www.econbiz.de/10012829244
Financial Crisis (GFC) and COVID-19 pandemic. Our analysis across the ten largest economies in the world shows that the … has the highest death toll and infection rates of COVID in the world. The largest cryptocurrency, Bitcoin appears as a …
Persistent link: https://www.econbiz.de/10012835390
behavior of 67 equity markets around the world during the COVID-19 outbreak in 2020. We consider a multidimensional data set … coronavirus pandemic. Our findings demonstrate that stock markets in countries with low unemployment rates and populated with …
Persistent link: https://www.econbiz.de/10012830504
The COVID-19 pandemic, declared on March 11, 2020 by the World Health Organisation (WHO), has had a severe economic and … financial impact on every economy around the world. This paper aims to analyze the short-term impact of COVID-19 on global … sectors (Pharma, Healthcare, Information Technology, Hotel & Airline) based on the indices of three different economies (World …
Persistent link: https://www.econbiz.de/10012485328
This paper studies the dynamic change of volatility spillovers between several major international financial markets during the global COVID-19 pandemic using Diebold and Yilmaz's connectedness index. We found that the total volatility spillover in this March reached its highest level of recent...
Persistent link: https://www.econbiz.de/10012828891