Are effects of COVID-19 pandemic on financial markets permanent or temporary? Evidence from gold, oil and stock markets

Public attention, oil and gold markets during the COVID-19: Evidence from time-frequency analysis

“…Besides, large quantities of small red circles with black outlines are present at the 0–8 day frequency during the whole period in all plots, suggesting that GSVI, WTI oil and gold markets have been interacting with each other not only at high frequency but also at low frequency during the COVID-19 pandemic. This kind of temporary causality is also proved by Tuna and Tuna (2022) .…”

“… Ali et al (2020) investigates the impact of COVID-19 deaths on oil and gold markets and find the relatively safer commodities have suffered as the pandemic moves into the US. Tuna and Tuna (2022) also show there is a temporary causality between gold and oil prices and the number of COVID-19 cases in the short term. Niu et al (2021) find coronavirus news (in China and globally) contains incremental information to predict the volatility of China's crude oil.…”

“…The effects of public attention on crude oil and gold prices may vary according to investment strategies and horizons, especially during the COVID-19 pandemic, which motivates us to employ time-frequency analysis. Besides, time-frequency dependence has been demonstrated to exist between crude oil and gold markets ( Hu et al, 2020 ; Hung and Vo, 2021 ; Li et al, 2021 ; Ding et al, 2021 ), between investor attention and crude oil markets ( Abdelhedi and Boujebene-Abbes, 2020 ; Chen et al, 2022 ), as well as between investor attention and gold markets ( Su and Li, 2020 ; Zhang et al, 2022 ), but limited research on the public attention, crude oil and gold markets during the COVID-19 pandemic ( Zhang et al, 2022 ; Tuna and Tuna, 2022 ). Therefore, our research adopts the wavelet analysis and time-frequency domain causality method to investigate the possible nonlinear relationship between public attention to the COVID-19 pandemic, oil and gold markets across time and frequency.…”

Analisis Faktor – Faktor Yang Mempengaruhi Keputusan Investasi Selama Covid-19 Di Bursa Efek Indonesia

“…Hal ini karena emas dapat dimasukkan dalam portofolio oleh investor, untuk diversifikasi yang efektif, investasi jangka panjang yang aman, dan lindung nilai. Dalam literatur alasan untuk menganalisis emas sebagai alat investasi yang aman adalah hasil yang menunjukkan bahwa emas adalah investasi lindung nilai jangka panjang di masa krisis (Drake, 2022;Tuna dan Tuna, 2022;Zeinedini dkk., 2022). Covid-19 dianggap sebagai krisis keuangan baru, preferensi investor yang ingin terlindungi dari resiko dan pertanyaan investasi apa yang aman, emas dan cryptocurrency telah menjadi fokus dari perhatian bagi para peneliti.…”

Profitabilitas Sektor Manufaktur Di Bursa Efek Indonesia Selama Masa Pandemi Covid-19

“…Kondisi ini juga (Gambar 3), tentu akan memberikan pengaruh yang negatif, bahkan sampai pada kemungkinan kebangkrutan pada perusahaan-perusahaan manufaktur di BEI (Setyaningrum et al, 2020;Jati & Jannah, 2022), disebabkan kondisi kemampuan perusahaan menghasilkan laba yang tidak stabil ketika pandemi COVID-19 terjadi. Tentunya manajer keuangan harus "berhati-hati" dalam mengelola keuangan perusahaan di masa seperti ini (Tuna & Tuna, 2022;Matthews et al, 2022;Lin et al, 2021). Beberapa riset sebelumnya memberikan sejumlah rekomendasi pada perusahaan manufaktur dalam melakukan inovasi guna meningkatkan profitabilitasnya di masa pandemi COVID-19 (Matthews et al, 2022).…”