COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market
TLDR
In this paper, the authors used an event study approach to empirically study the market performance and response trends of Chinese industries to the COVID-19 pandemic and found that transportation,...Abstract:
In this article, we use an event study approach to empirically study the market performance and response trends of Chinese industries to the COVID-19 pandemic. The study found that transportation, ...read more
Citations
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COVID-19 lockdowns, stimulus packages, travel bans, and stock returns.
TL;DR: Using time-series data, it is shown that lockdowns, travel bans, and economic stimulus packages all had a positive effect on the G7 stock markets, but lockdowns were most effective in cushioning the effects of COVID-19.
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Japanese currency and stock market—What happened during the COVID-19 pandemic?
TL;DR: The authors examined the relationship between the Japanese Yen and the country's stock returns using several variants of econometric models and empirical specifications, and unraveled that the depreciation of the Yen vis-a-vis the US dollar led to gains in Japanese stock returns.
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COVID-19 and the Oil Price – Stock Market Nexus: Evidence From Net Oil-Importing Countries
TL;DR: In this paper, the relation between stock price returns and oil price returns covering the COVID-19 period was examined for major net oil-importing Asian countries, and they found evidence of a positive co-movement between oil price return and stock price return during the period.
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The economics of COVID-19 pandemic: A survey
Rakesh Padhan,K.P. Prabheesh +1 more
TL;DR: In this paper, a survey of the literature on the economics of the coronavirus (COVID-19) pandemic is presented, which explores the effects of the pandemic and proposes potential policy directions to mitigate its effects.
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Pandemics and the Asia-Pacific Islamic Stocks
TL;DR: In this paper, the authors examined the potential of the Asia-Pacific Islamic stock market to serve as a good hedge against uncertainty due to pandemics and epidemics (UPE).
References
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The Adjustment of Stock Prices to New Information
TL;DR: In this paper, the authors examine the process by which common stock prices adjust to the information (if any) that is implicit in a stock split and show that the independence of successive price changes is consistent with a market that adjusts rapidly to new information.
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Do Industries Explain Momentum
TL;DR: In this article, a strong and prevalent momentum effect in industry components of stock returns which accounts for much of the individual stock momentum anomaly is investigated, showing that momentum investment strategies, which buy past winning stocks and sell past losing stocks, are significantly less profitable once they control for industry momentum.
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Environmental perspective of COVID-19.
TL;DR: The lock down of the COVID-19 pandemic caused the air quality in many cities across the globe to improve and drop in water pollutions in some parts of the world.
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Stock market volatility, excess returns, and the role of investor sentiment
TL;DR: This article employed a generalized autoregressive conditional heteroscedasticity-in-mean specification to test the impact of noise trader risk on both the formation of conditional volatility and expected return as suggested by De Long et al.
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Country Responses and the Reaction of the Stock Market to COVID-19—a Preliminary Exposition
TL;DR: The number of people infected by, and deaths from, the coronavirus pandemic (COVID-19) has amplified so has country responses to it, as reflected in the number of infected persons and deaths as discussed by the authors.