The contagion effects of the COVID-19 pandemic: Evidence from gold and cryptocurrencies

Spillover of Financial Innovations during Covid-19: A Cross-Country Analysis

“…The limited number of papers produces a quantitative estimation of Covid-19 impact on economic activities including financial markets. Such studies include; Baker et al (2020) examines the impact of Covid-19 on the US stock market relative to the previous infectious disease outbreak , Corbet, Larkin, and Lucey (2020) investigated the contagion effect of Covid-19 between stock markets in China, Ali, Alam, and Rizvi (2020) analyzed financial markets downfall and volatility, Corbet, Hou, Hu, Lucey, and Oxley (2020) examines the impact on companies whose identity is similar with Covid-19 virus, Shehzad, Xiaoxing, and Kazouz (2020) However, to the best of my attentiveness, none of these literature has attempted to investigate the magnitude and direction of financial innovations spillover during Covid-19 pandemic, apart from Akhtaruzzaman et al (2020).…”

“…For instance, Diebold and Yilmaz (2012) analyzed financial assets markets interaction across the US. Similarly, Klößner and Wagner (2014) spillover between markets, Kumar (2013) returns and volatility spillover, Cronin (2014) examines the relationship between money and financial assets markets in the US, Klößner and Sekkel (2014) financial spillover for six developed countries, Antonakakis and Vergos (2013) Yilmaz (2012) (ii) it is insensitive to order, hence, provides decisive results, (iii) it quantifies directional spillover, total spillover, net spillover, and pairwise spillover, (iv), it summaries the spillover in a single number, so, it is easy to interpret. According to Urbina (2013) 3 this method provides an assessment of spillover that not only stemming from an unstable period but also a stable period.…”

A Complete VADER-Based Sentiment Analysis of Bitcoin (BTC) Tweets during the Era of COVID-19

“…Recent research studies have emerged that involve the impact of COVID-19 on the financial market, including cryptocurrencies [1][2][3][4][5][6][7][8]. It was illustrated that Bitcoin is not a safe haven [1,2].…”

“…It was illustrated that Bitcoin is not a safe haven [1,2]. A correlation between Bitcoin and the stock market is observed in [3,4]. In [5], authors performed a dynamic correlation analysis that illustrated that Bitcoin could not hedge the US stocks' extraordinary tail risk.…”

From Big Data to Econophysics and Its Use to Explain Complex Phenomena

“…Recently, many studies have used high-frequency data in the analysis of financial markets, which could also be explored to analyze the effects of Covid (Corbet et al 2020). Despite the interest of using high-frequency data, even in the context of Econophysics methods to study financial markets' multiscale and multifractality behaviors, it is also important to take into account the quality of big data, in particular, that of high frequency data.…”