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The impact of policy responses to COVID-19 on U.S. travel and leisure companies

This paper analyzes the impact of government restrictions arising from the COVID-19 pandemic on stock returns of U.S. travel and leisure companies. We demonstrate that the stringency of government restrictions has a negative impact on stock returns even after controlling for the pandemic itself. Mor...

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Detalles Bibliográficos
Autores principales: Chen, Ming-Hsiang, Demir, Ender, García-Gómez, Conrado Diego, Zaremba, Adam
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Authors. Published by Elsevier Ltd. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7666555/
http://dx.doi.org/10.1016/j.annale.2020.100003