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Using London Stock Exchange data (Jan 10, 2021, to Feb 24, 2022) and fixed-effects regression methods, this study assesses COVID-19 vaccine effects on UK stock returns. Initial protocol doses have a strong positive impact on returns, while boosters have a modest positive impact. A logarithmic...
Persistent link: https://www.econbiz.de/10015149547
The COVID-19 pandemic has exerted a remarkable impact on stock market volatility around the globe. Can vaccination …, 2020, to February 18th, 2021. We provide convincing evidence that the vaccination helps to stabilize the global equity …
Persistent link: https://www.econbiz.de/10013236020
We investigate the relationship between the daily release of COVID-19 related announcements, defensive government interventions, and stock market volatility, drawing upon an extended time period of one year, to independently test, confirm and iteratively improve on previous research findings. We...
Persistent link: https://www.econbiz.de/10013217521
We test the interaction between COVID-19 governments' interventions, COVID-19- induced uncertainty, and the volatility of sovereign bonds. Using a panel-quantile approach and a comprehensive dataset of 31 countries worldwide, we document that containment and closure policies tend to amplify...
Persistent link: https://www.econbiz.de/10013233700
2020 to April 2021. We document that vaccination programs assist in decreasing the volatility of energy stocks around the … world. The drop in volatility is statistically and economically significant and robust to many considerations. The observed … developed markets rather than in emerging ones. Our findings bear clear practical implications: policy makers around the world …
Persistent link: https://www.econbiz.de/10012799942
drivers, we present novel findings from COVID-19 vaccination data, whereby growth in regional vaccination programmes was … and World models. Our results also reveal a nexus of causality between COVID-19 growth, global oil markets and equity …
Persistent link: https://www.econbiz.de/10013492209
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Persistent link: https://www.econbiz.de/10012805881
vaccination and the movements. These findings are consistent with panel regression results. Specifically, we find that the … systemic COVID-19 shock in the US stock market is alleviated by an increase in the number of COVID-19 vaccination doses … policy influences the stock market volatility significantly more than the vaccination, regardless of firm size and industry …
Persistent link: https://www.econbiz.de/10014500407
This paper explores how the first-year COVID-19 vaccination changed the volatility in the U.S. equity markets by … method, this paper documents that had there been no vaccination, the volatility in the U.S. stock markets in 2021 would be 0 …
Persistent link: https://www.econbiz.de/10013492277