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Preventing crash in stock market: The role of economic policy uncertainty during COVID-19

This paper investigates the impact of economic policy uncertainty (EPU) on the crash risk of US stock market during the COVID-19 pandemic. To this end, we use the GARCH-S (GARCH with skewness) model to estimate daily skewness as a proxy for the stock market crash risk. The empirical results show the...

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Detalhes bibliográficos
Publicado no:Financ Innov
Main Authors: Dai, Peng-Fei, Xiong, Xiong, Liu, Zhifeng, Huynh, Toan Luu Duc, Sun, Jianjun
Formato: Artigo
Idioma:Inglês
Publicado em: Springer Berlin Heidelberg 2021
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC8079234/
https://ncbi.nlm.nih.gov/pubmed/35024279
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1186/s40854-021-00248-y
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