论文标题

冠状病毒和财务波动:40天的禁食和恐惧

Coronavirus and financial volatility: 40 days of fasting and fear

论文作者

Albulescu, Claudiu

论文摘要

国际监测Covid-19之后40天,我们搜索有关新的感染和死亡率案件对金融市场波动率指数(VIX)的官方公告的影响。尽管在中国和中国以外报告的新案件对财务波动的影响不同,但死亡比率对VIX产生了积极影响,即中国以外的地区会引发更重要的影响。此外,受影响国家的数量越高,财务波动率越高。

40 days after the start of the international monitoring of COVID-19, we search for the effect of official announcements regarding new cases of infection and death ratio on the financial markets volatility index (VIX). Whereas the new cases reported in China and outside China have a mixed effect on financial volatility, the death ratio positively influences VIX, that outside China triggering a more important impact. In addition, the higher the number of affected countries, the higher the financial volatility is.

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