Richard Mawulawoe Ahadzie, Dan Daugaard, Moses Kangogo, Faisal Khan, Joaquin Vespignani
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引用次数: 0
Abstract
This study investigates the impact of COVID-19 infections and mobility restriction policies on stock market volatility. We estimate panel data models for seven countries using daily data from February 12, 2020 to April 14, 2021. Our results show that the number of new cases of COVID-19 infections and the introduction of mobility restriction policies plays a crucial role in shaping stock market volatility during the pandemic. We found that new cases of COVID-19 infections and mobility restrictions policies increase stock market jumps rather than increase continuous volatility. We also find that mobility restriction policies lessen the impact of new COVID-19 cases on stock market volatility.
期刊介绍：
Economic Papers is one of two journals published by the Economics Society of Australia. The journal features a balance of high quality research in applied economics and economic policy analysis which distinguishes it from other Australian journals. The intended audience is the broad range of economists working in business, government and academic communities within Australia and internationally who are interested in economic issues related to Australia and the Asia-Pacific region. Contributions are sought from economists working in these areas and should be written to be accessible to a wide section of our readership. All contributions are refereed.
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