Bouri, Elie; Demirer, Rıza; Gupta, Rangan; Nel, Jacobus - In: Risks : open access journal 9 (2021) 9, pp. 1-11
in global stock markets. Utilizing a daily newspaper-based index of financial uncertainty associated with infectious … stock markets. More specifically, we study the pattern of cross-sectional market behavior and examine whether the pandemic …-induced uncertainty drives directional similarity across the global stock markets that cannot be explained by the standard asset pricing …