Financial Markets and the COVID-19 Pandemic

被引:1
|
作者
Gormsen, Niels J. [1 ]
Koijen, Ralph S. J. [1 ]
机构
[1] Univ Chicago, Booth Sch Business, Chicago, IL 60637 USA
关键词
pandemics; COVID-19; financial markets; RARE DISASTERS; VOLATILITY; FRAGILITY; CRISIS;
D O I
10.1146/annurev-financial-110821-020444
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We review the literature on the impact of the COVID-19 pandemic on financial markets. We first document several key facts about equity and fixed-income markets during this period. We then discuss various literatures that analyze broad movements in prices, market dislocations, and the impact of fiscal and monetary policy interventions. We conclude by discussing potential directions for future research.
引用
收藏
页码:69 / 89
页数:21
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