Global stock markets react positively when different phases of human clinical trials on COVID-19 vaccine candidates begin. The average increase in stock market returns on day one of the trials is 15.2 basis points, and this estimate is both economically and statistically significant. The market...

It is widely recognized that African Americans have a higher level of mistrust towards the medical and health care sector, which results in insufficient utilization of public health services, low participation in clinical research, and vaccination hesitancy. While the Tuskegee Syphilis Study has...