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• W3044693676 abstract "We empirically investigate the effect of the official announcements regarding the COVID-19 new cases of infection and fatality ratio, on the financial markets volatility in the United States (US). We consider both COVID-19 global and US figures and show that the sanitary crisis enhances the S&P 500 realized volatility. Our findings are robust to different model specifications and suggest that the prolongation of the coronavirus pandemic is an important source of financial volatility, challenging the risk management activity." @default.
• W3044693676 created "2020-07-29" @default.
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• W3044693676 date "2021-01-01" @default.
• W3044693676 modified "2023-10-16" @default.
• W3044693676 title "COVID-19 and the United States financial markets’ volatility" @default.
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• W3044693676 doi "https://doi.org/10.1016/j.frl.2020.101699" @default.
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