For evil news rides fast, while good news baits later?—A network based analysis in Chinese stock market

Borjigin, Sumuya; Gao, Ting; Sun, Yanjing; An, Biao

doi:10.1016/j.physa.2020.124593

Cited by 7 publications

(1 citation statement)

References 55 publications

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“…This has increased the severity of stock market volatility, as Engle and Ng (1993) found that negative return shocks influence volatility more than positive return shocks. Borjigin et al (2020) also find evidence of the stronger effect of negative news on market volatility compared to good news. Falling stock prices across the world mean that markets become more volatile due to the leverage effecta drop in stock value leads to an increase in financial leverage.…”

Section: Introductionmentioning

confidence: 76%

The effect of COVID – 19 pandemic on global stock market volatility: Can economic strength help to manage the uncertainty?

Uddin

Chowdhury

Anderson

et al. 2021

Journal of Business Research

194

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Section: Introductionmentioning

confidence: 76%

The effect of COVID – 19 pandemic on global stock market volatility: Can economic strength help to manage the uncertainty?

Uddin

Chowdhury

Anderson

et al. 2021

Journal of Business Research

194

View full text Add to dashboard Cite

Examining the adaptive market hypothesis with calendar effects: International evidence and the impact of COVID-19

Bassiouny

Kiryakos

Tooma

2023

Global Finance Journal

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Impact of COVID-19 Cases, Deaths, Stringency and Vaccinations on the US Stock Market

Mishra

Sharma

Karedla

et al. 2022

Vision: The Journal of Business Perspective

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The socio-economic environment of a country may significantly influence the size and working of the country’s financial markets in the long run. Keeping this in mind, this study aims to analyse the long-run and short-run impact of COVID-19 cases, deaths, stringency index, and vaccinations on the US stock market. Daily time series data ranging from 22 January 2020, to 30 April 2021, was considered in this study. The ARDL bounds test approach was employed to examine long-run and short-run relationships. Our statistical evidence suggests that, in the long run, confirmed cases and stringency have a negative and significant impact on stock markets, whereas vaccinations have a positive and significant effect on the stock markets. This indicates that any public health emergency adversely affects the stock markets, such as a pandemic outbreak. The government should ramp up the efforts towards vaccinating their citizens in the earliest possible timeline. Such actions of resurgence from the pandemic instil confidence in the market. Policymakers should be thoughtful about formulating contingency measures to effectively safeguard the population while preventing the deterioration in investor confidence.

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For evil news rides fast, while good news baits later?—A network based analysis in Chinese stock market

Cited by 7 publications

References 55 publications

The effect of COVID – 19 pandemic on global stock market volatility: Can economic strength help to manage the uncertainty?

The effect of COVID – 19 pandemic on global stock market volatility: Can economic strength help to manage the uncertainty?

Examining the adaptive market hypothesis with calendar effects: International evidence and the impact of COVID-19

Impact of COVID-19 Cases, Deaths, Stringency and Vaccinations on the US Stock Market

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