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Does COVID-19 Drive Stock Price Bubbles in Medical Mask?

Zheng Zheng Li, Yidong Xiao and Chi-Wei Su ()
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Chi-Wei Su: School of Economics, Qingdao University, China

Asian Economics Letters, 2021, vol. 2, issue 4, 1-6

Abstract: This article studies whether there is a bubble in the price of medical masks, especially considering the COVID-19 pandemic. The empirical results show that multiple bubbles exist in 2020 and are correlated with COVID-19 related events. This study alerts investors to rationally evaluate changes in the stock market during the pandemic.

Keywords: medical masks; pandemic; bubbles; covid-19 (search for similar items in EconPapers)
JEL-codes: G15 I10 (search for similar items in EconPapers)
Date: 2021
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Asian Economics Letters is currently edited by Chun-Ping Chang (Shih Chien University, Taiwan) and Professor Chien-Chiang Lee (Nanchang University, China)

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