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results indicate that the Chinese stock market reacts rapidly to the SARS epidemic. We provide strong empirical evidence that … the epidemic has an immediate impact on the pharmaceutical and tourism industries. In particular, pharmaceutical companies … of a profitable trading rule during an epidemic …
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Implied equity duration was originally developed to analyze the sensitivity of equity prices to discount rate changes. We demonstrate that implied equity duration is also useful for analyzing the sensitivity of equity prices to pandemic shutdowns. Pandemic shutdowns primarily impact short-term...
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Implied equity duration was originally developed to analyze the sensitivity of equity prices to discount rate changes. We demonstrate that implied equity duration is also useful for analyzing the sensitivity of equity prices to pandemic shutdowns. Pandemic shutdowns primarily impact short‐term...
Persistent link: https://www.econbiz.de/10013234191
The COVID-19 pandemic placed many challenges to everyone in terms of wellbeing and economic activities. As for banking and finance, while many rely on re-calibration of probability of default models to adapt own portfolio to the latest reality, it is worthwhile to bring to reader's attention...
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