Behavioral finance and market efficiency in the time of the COVID-19 pandemic: does fear drive the market?
TLDR
In this article, the efficiency of the US stock markets during the COVID-19 outbreak using a fundamental financial analysis approach, the constant growth model and a behavioral model was examined.Abstract:
In this study, we examine the efficiency of the US stock markets during the COVID-19 outbreak using a fundamental financial analysis approach, the constant growth model and a behavioral model inclu...read more
Citations
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Explaining stock markets' performance during the COVID-19 crisis: Could Google searches be a significant behavioral indicator?
TL;DR: The findings show that the Google Search index enables us to draw statistically significant information regarding the impact of the COVID‐19 fear on the performance of the stock markets.
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Influence of COVID-induced fear on sovereign bond yield
TL;DR: In this paper, the influence of fear generated by the coronavirus on bond markets was analyzed, and the relationship between the sentiment of fear and bond markets and the performance of financial markets was explored.
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The COVID-19 pandemic uncertainty, investor sentiment, and global equity markets: Evidence from the time-frequency co-movements
TL;DR: In this article , a time-frequency based wavelet approach comprising wavelet coherence and phase difference was used to measure pandemic uncertainty and its effect on stock market activity, while controlling the effect of the Financial and Economic Attitudes Revealed by Search (FEARS) sentiment index.
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Investor sentiment and government policy interventions: evidence from COVID-19 spread
Garima Goel,Saumya Ranjan Dash +1 more
TL;DR: In this article, the authors investigated the role of government policy interventions on the early spread of novel coronavirus (COVID-19) on the investor sentiment and stock returns relationship.
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Public attention, oil and gold markets during the COVID-19: Evidence from time-frequency analysis
TL;DR: In this article , the authors evaluate the relationship between public attention to the COVID-19 pandemic, crude oil, and gold markets in the G7 countries over time and frequency.
References
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Does the Stock Market Overreact
TL;DR: In this article, a study of market efficiency investigates whether people tend to "overreact" to unexpected and dramatic news events and whether such behavior affects stock prices, based on CRSP monthly return data, is consistent with the overreaction hypothesis.