Local versus global factors weighing on stock market returns during the COVID-19 pandemic

We use stock market returns and a new, weekly available, GDP tracker to estimate a structural VAR identified with long-run restrictions. We find that global ‘news’ contribute more than local ‘news’ shocks to explaining the recent variance of equity returns from developing and small developed countri...

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Detalles Bibliográficos
Autores principales: Dragomirescu-Gaina, Catalin, Philippas, Dionisis
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2022
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8994473/
https://www.ncbi.nlm.nih.gov/pubmed/35431680
http://dx.doi.org/10.1016/j.frl.2021.102270

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8994473/
https://www.ncbi.nlm.nih.gov/pubmed/35431680
http://dx.doi.org/10.1016/j.frl.2021.102270

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