Caporale, Guglielmo Maria; Catik, A. Nazif; Helmi, … - 2021
This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the … findings can be summarised as follows. The linear VAR responses of electricity consumption (a proxy for real economic activity … activity in all countries in the early stages of the pandemic (especially in Italy), and a positive one on CDS at the same time …