COVID-19 crisis, voters' drivers, and financial markets consequences on US presidential election and global economy

被引:11
|
作者
Pop, Ionut Daniel [1 ]
机构
[1] Bucharest Univ Econ Studies, Dept Money & Banking, 5-7 Moxa St, Bucharest 010961, Romania
关键词
United States presidential election; COVID-19; pandemic; Global economy; Financial market; Uncertainty; News -based variable; PANEL-DATA;
D O I
10.1016/j.frl.2021.102113
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
The paper examines the United States 2020 presidential election drivers and effects, under the uncertainty caused by COVID-19. By considering news-based, financial markets, and coronavirus specific inputs in panel data framework, the results reveal that COVID-19 affects candidates' chances. Biden's electorate reacts positive to news regarding unemployment or healthcare, stress level on financial markets or Country Sentiment Index. Trump's opportunities increase with coronavirus indicators or news about populism. However, President-elect Biden must provide solutions for national economy issues like unemployment, budget deficit or healthcare inequalities. Simultaneously, having extensive prerogatives on trade and investment partnerships, influences mitigation of COVID-19 global effects.
引用
收藏
页数:8
相关论文
共 50 条
  • [21] Determining the causality between US presidential prediction markets and global financial markets
    Abolghasemi, Yaser
    Dimitrov, Stanko
    INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2021, 26 (03) : 4534 - 4556
  • [22] The association of COVID-19 nexus on China's economy: A financial crisis or a health crisis?
    Hu, Cheng
    Pan, Wei
    Pan, Wulin
    Dai, Wan-Qiang
    Huang, Ge
    PLOS ONE, 2022, 17 (09):
  • [23] The transition of the global financial markets? connectedness during the COVID-19 pandemic
    Maneejuk, Paravee
    Kaewtathip, Nuttaphong
    Jaipong, Peemmawat
    Yamaka, Woraphon
    NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2022, 63
  • [24] Financial Markets and the COVID-19 Pandemic
    Gormsen, Niels J.
    Koijen, Ralph S. J.
    ANNUAL REVIEW OF FINANCIAL ECONOMICS, 2023, 15 : 69 - 89
  • [25] Comparing risk profiles of international stock markets as functional data: COVID-19 versus the global financial crisis
    Shackleton, Ryan Liam
    Das, Sonali
    Gupta, Rangan
    APPLIED STOCHASTIC MODELS IN BUSINESS AND INDUSTRY, 2024, 40 (04) : 1153 - 1181
  • [26] The COVID-19 black swan crisis: Reaction and recovery of various financial markets
    Yarovaya, Larisa
    Matkovskyy, Roman
    Jalan, Akanksha
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2022, 59
  • [27] Trends and Challenges after the Impact of COVID-19 and the Energy Crisis on Financial Markets
    Basdekis, Charalampos
    Christopoulos, Apostolos G.
    Katsampoxakis, Ioannis
    Xanthopoulos, Stylianos
    ENERGIES, 2024, 17 (15)
  • [28] Regional and global shock spillovers to Africa’s equity markets: evidence from the global financial crisis and COVID-19 pandemic
    Louis Logogye
    Godfred Aawaar
    Kwasi Poku
    SN Business & Economics, 4 (12):
  • [29] Empirical Examination on the Drivers of the US Equity Returns in the During the COVID-19 Crisis
    Wang, Qing
    Bai, Mo
    Huang, Mai
    FRONTIERS IN PUBLIC HEALTH, 2021, 9
  • [30] The source of financial contagion and spillovers: An evaluation of the covid-19 pandemic and the global financial crisis
    Gunay, Samet
    Can, Gokberk
    PLOS ONE, 2022, 17 (01):