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Register a new userCoronavirus and financial volatility: 40 days of fasting and fear
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Claudiu Albulescu
Publication date
2020
fields
Financial
and research's language is
English
Authors
Claudiu Albulescu
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40 days after the start of the international monitoring of COVID-19, we search for the effect of official announcements regarding new cases of infection and death ratio on the financial markets volatility index (VIX). Whereas the new cases reported in China and outside China have a mixed effect on financial volatility, the death ratio positively influences VIX, that outside China triggering a more important impact. In addition, the higher the number of affected countries, the higher the financial volatility is.
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