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these relationships strengthened following the onset of the coronavirus pandemic. Markov-Switching analysis affirms these …
Persistent link: https://www.econbiz.de/10014242966
Efficiency in stock markets is essential for economic stability and growth. This study investigates the efficiency and herding behavior of the stock markets from the top economies of the world (known as G20 countries). We classify stock market indices using MSCI classification for the developed...
Persistent link: https://www.econbiz.de/10014636008
We study how the stringency of policy measures to counter the COVID-19 pandemic affects individuals' trust in formal … institutions. Drawing on micro-level panel data from Germany spanning an 18-month period from the onset of the pandemic, we show … October 2020, six months into the pandemic, when stringency measures in Germany started to increase again. For the early stage …
Persistent link: https://www.econbiz.de/10014548604
development of the COVID-19 pandemic. We analyse the problem from the country and regional (voivodeships) perspective. The data … voivodeships. The results might indicate that the forced lockdown to contain the development of the COVID-19 pandemic has …
Persistent link: https://www.econbiz.de/10013199707
The impact of the Covid-19 pandemic on international trade varies along several dimensions, including the type of … pandemic along another, previously unexplored dimension, the mode of transportation. Analyzing daily data from New Zealand, I … find that the value of seaborne exports and imports increases relative to shipments by air during pandemic lockdowns. While …
Persistent link: https://www.econbiz.de/10013258441
the pandemic, but surprisingly little is known on whether these shutdowns turned into permanent closures and whether small … this trend in the third quarter of 2020. The increase in closures rates in the first two quarters of the pandemic was …
Persistent link: https://www.econbiz.de/10013351984
respond? A simple theoretical framework predicts that reduced exposure to pre-pandemic international mobility causes slightly … 2009. We find that in all cases, even a draconian 50 percent reduction in pre-pandemic international mobility is associated …
Persistent link: https://www.econbiz.de/10012497848
We assess the impact of the COVID-19 pandemic on consumption indicators by estimating the effects of government …
Persistent link: https://www.econbiz.de/10013161513
The COVID-19 pandemic led to an unprecedented level of job losses in the U.S., where a job loss is also associated with …
Persistent link: https://www.econbiz.de/10013169970
spending caused by the COVID-19 pandemic and the resulting shutdown of the Danish economy. We find that aggregate spending was … on average 27% below the counterfactual level without the pandemic in the seven weeks following the shutdown. The …
Persistent link: https://www.econbiz.de/10012833102