...Izabela Pruchnicka-Grabias; Dorota Żebrowska-Suchodolska Purpose This paper aims to analyze the difference in volatility spillovers between the American stock market and other markets, including developed and Visegrad ones. The study compares normal market conditions, the COVID-19 pandemic...

...Jáki Erika; Béla Kádár Purpose The purpose of this study is to investigate whether the increase in the number of zombie firms in the manufacturing sector was more pronounced in countries with significant credit easing measures during the COVID-19 pandemic and examines how the annual survival rates...

...Yifan Xie; Haotian Zhang; Marius Sikveland Purpose This paper aims to analyze the relationship between political connections and firms’ financing sources under COVID-19. Design/methodology/approach This paper uses 2020–2021 private sector firm-level data collected by the regular and follow-up...

... autoregression model has been used to investigate the linkage. The period of study is from 1 January 2014 to 20 April 2023. Findings This analysis revealed that volatility connectedness among the countries during COVID-19 and Russia–Ukraine conflict had increased significantly. Furthermore, analysis has...

... conditions. Our research is also very related to a series of papers examining the performance of safe-haven assets during the last two economic recessions, the 2007–2009 Global Financial Crisis and COVID-19 pandemic (see, for example, Agnese, 2023 ; Bouri et al., 2023 ; Terraza et al...

... driven, suggesting that uncertainty and risk factors influence market participants’ long-term expectations. Notable peaks in total connectedness occurred during the Global Financial Crisis and the COVID-19 pandemic, with the latter being the highest. Originality/value Using the recently updated news...

... scores of S&P/ASX 300 listed energy and utility firms from 2014 to 2022. Portfolio performance is estimated using a four-factor regression model, controlling for any economic shocks associated with the COVID-19 pandemic. Findings The findings show that the lower the ESG score associated...

...Iqbal Reza Nugraha; Gumilang Aryo Sahadewo; Sekar Utami Setiastuti Purpose This paper aims to examine the impact of COVID-19 on inflation in Indonesia. There are two questions in this study: (1) Is there an impact of COVID-19 on inflation in Indonesia? and (2) whether there are differences...

...Zhaoying Lu; Hisashi Tanizaki Purpose This study aims to investigate how the gold return and its volatility respond to the COVID-19 pandemic. Design/methodology/approach Stochastic volatility (SV) models are conducted to examine the response of gold to the number of new confirmed cases...

...Quang Thi Thieu Nguyen; Dao Le Trang Anh; Christopher Gan Purpose This study aims to examine the relationship between bank capital and bank risk during COVID-19. Design/methodology/approach The study covers 20 countries during the period from Q4:2018 to Q4:2020, using different measurements...

...Putra Pamungkas; Taufiq Arifin; Irwan Trinugroho; Evan Lau; Bruno S. Sergi Purpose This study aims to investigate the effect of credit relaxation policy during the COVID-19 pandemic and its efficacy as a countercyclical policy on bank risk and stability. Design/methodology/approach Using...

...Walid Mensi; Vinh Xuan Vo; Sang Hoon Kang Purpose This study aims to examine the multiscale predictability power of COVID-19 deaths and confirmed cases on the S&P 500 index (USA), CAC30 index (France), BSE index (India), two strategic commodity futures (West Texas intermediate [WTI] crude oil...

... Istanbul. The authors provide significant evidence of causality from the global implied volatility to the Borsa Istanbul risk appetite indices, which are getting stronger after the COVID-19 outbreak. Originality/value Unlike the previous studies, the authors analyze the risk appetite sub-indices...

... market. The data confirm that, despite the impact of the Covid-19 crisis, the dynamics of BTC returns, and volatility maintained their patterns, i.e. the way in which they evolve, in relation to the prepandemic era, did not change, but it is rather reaffirmed. Yet, ETH conditional volatility was more...

...Mohsin Ali; Mudeer Ahmed Khattak; Shabeer Khan; Noureen Khan Purpose The purpose of this study is to examine the impact of the COVID-19 pandemic on Association of Southeast Asian Nations (ASEAN) Islamic and conventional equities. Design/methodology/approach To study the impact of the COVID-19...

...Ran Lu; Hongjun Zeng Purpose The purpose of this paper is to examine the volatility spillover and lead-lag relationship between the Chicago Board Options Exchange volatility index (VIX) and the major agricultural future markets before and during the Coronavirus disease 2019 (COVID-19) outbreak...

...Ghulame Rubbaniy; Ali Awais Khalid; Abiot Tessema; Abdelrahman Baqrain Purpose The purpose of the paper is to investigate co-movement of major implied volatility indices and economic policy uncertainty (EPU) indices with both the health-based fear index and market-based fear index of COVID-19...

...Yasser Alhenawi; Khaled Elkhal; Zhe Li Purpose This paper aims to use the Covid-19 pandemic situation to conduct an experiment-like study that focuses on industry reactions under stress. Particularly, this study analyzes stock response to eight pandemic related news in 2020 across different...

.... Natalia Diniz-Maganini can be contacted at: natalia.diniz@fgv.br 15 06 2021 20 09 2021 23 11 2021 02 12 2021 © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only Market efficiency Safe-haven COVID-19 Bitcoin Intraday data...

...Ghulame Rubbaniy; Ali Awais Khalid; Muhammad Faisal Rizwan; Shoaib Ali Purpose The purpose of this study is to investigate safe-haven properties of environmental, social and governance (ESG) stocks in global and emerging ESG stock markets during the times of COVID-19 so that portfolio managers...