Emerald Publishing

Table 1

Descriptive summary of VIX, S&P 500, BSE, EPU and Covid-19 cases/deaths

	VIX	S&P 500	BSE	EPU	CC	DC
First wave
Mean	17.716	2644.730	13480.490	22.106	3.035	1.946
Med	15.175	2638.700	13928.900	22.024	0.000	0.000
Std. Dev.	8.159	526.612	2353.573	0.291	5.029	3.745
Kur	13.374	−0.146	0.041	1.102	−0.003	0.700
Skew	2.902	0.672	0.475	0.828	1.324	1.573
Min	9.140	1829.080	9187.970	20.983	0.000	0.000
Max	82.690	4185.470	20305.800	22.925	13.804	10.937
Obs	1592	1587	1558	363	363	363
Second wave
Mean	0.006	2767.186	19.519	22.070	2.353	1.368
Med	−0.006	2719.248	19.443	22.001	0.000	0.000
Std. Dev.	0.096	587.69	0.377	0.277	4.352	3.137
Kur	5.149	−0.245	3.314	2.086	1.425	3.028
Skew	1.694	−0.547	1.337	0.975	1.722	2.137
Min	−0.234	−1925.32	18.272	20.983	0.000	0.000
Max	0.465	4985.14	21.508	22.925	13.804	10.937
Obs	306	306	306	306	306	306

	VIX	S&P 500	BSE	EPU	CC	DC
First wave
Mean	17.716	2644.730	13480.490	22.106	3.035	1.946
Med	15.175	2638.700	13928.900	22.024	0.000	0.000
Std. Dev.	8.159	526.612	2353.573	0.291	5.029	3.745
Kur	13.374	−0.146	0.041	1.102	−0.003	0.700
Skew	2.902	0.672	0.475	0.828	1.324	1.573
Min	9.140	1829.080	9187.970	20.983	0.000	0.000
Max	82.690	4185.470	20305.800	22.925	13.804	10.937
Obs	1592	1587	1558	363	363	363
Second wave
Mean	0.006	2767.186	19.519	22.070	2.353	1.368
Med	−0.006	2719.248	19.443	22.001	0.000	0.000
Std. Dev.	0.096	587.69	0.377	0.277	4.352	3.137
Kur	5.149	−0.245	3.314	2.086	1.425	3.028
Skew	1.694	−0.547	1.337	0.975	1.722	2.137
Min	−0.234	−1925.32	18.272	20.983	0.000	0.000
Max	0.465	4985.14	21.508	22.925	13.804	10.937
Obs	306	306	306	306	306	306

Source(s): Author’s computation