The impact of COVID-19 on emerging stock markets

被引：366
|
作者：
Topcu, Mert [1 ]
Gulal, Omer Serkan [2 ]
机构：
[1] Nevsehir Haci Bektas Veli Univ, Fac Econ & Adm Sci, Dept Econ, TR-50300 Nevsehir, Turkey
[2] Nevsehir Haci Bektas Veli Univ, Fac Econ & Adm Sci, Dept Finance, Nevsehir, Turkey
来源：
FINANCE RESEARCH LETTERS | 2020年 / 36卷
关键词：
COVID-19; stock market; panel data;
D O I：
10.1016/j.frl.2020.101691
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The goal of this study is to investigate the impact of COVID-19 on emerging stock markets over the period March 10 - April 30, 2020. Findings reveal that the negative impact of pandemic on emerging stock markets has gradually fallen and begun to taper off by mid-April. In terms of regional classification, the impact of the outbreak has been the highest in Asian emerging markets whereas emerging markets in Europe have experienced the lowest. We also find that official response time and the size of stimulus package provided by the governments matter in offsetting the effects of the pandemic.
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页数：4
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