COVID-19 impact on the main global stock indexes Cover Image

Wpływ pandemii COVID-19 na główne indeksy giełdowe na świecie
COVID-19 impact on the main global stock indexes

Author(s): Piotr Jaworski
Subject(s): Social Sciences, Economy, Financial Markets, Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Jagiellońskiego
Keywords: COVID-19; stock indexes; event study; behavioral finance

Summary/Abstract: The aim of the study is to examine the impact of information on lockdown connected with COVID-19 on stock indexes. The hypothesis was: it is a strong impact of the lockdown announcement on stock indexes at the time of its announcement or cancelation. Panel event models were used to verify the hypothesis. The study used data from the Thomson Reuters Database for the period from 2.01.2019–10.05.2020. The analysis was based on the papers and reports on COVID-19 and the literature on behavioral finance.

  • Issue Year: 9/2021
  • Issue No: 1
  • Page Range: 157-172
  • Page Count: 16
  • Language: Polish