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