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Which popular predictor is more useful to forecast international stock markets during the coronavirus pandemic: VIX vs EPU?

This study mainly investigates which predictors (VIX or EPU index) are useful to forecast future volatility for 19 equity indices based on HAR framework during coronavirus pandemic. Out-of-sample analysis shows that the HAR-RV-VIX model exhibits superior forecasting performance for 12 stock markets,...

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Detalhes bibliográficos
Publicado no:International Review of Financial Analysis
Main Authors: Wang, Jiqian, Lu, Xinjie, He, Feng, Ma, Feng
Formato: Artigo
Idioma:Inglês
Publicado em: Elsevier Inc. 2020
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC7521353/
https://ncbi.nlm.nih.gov/pubmed/38620312
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.irfa.2020.101596
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