The Impact of the COVID-19 Pandemic on Financial Investment Risk Preferences: A Regression Analysis

Jiaming Chen ()
Additional contact information
Jiaming Chen: Monash University

A chapter in Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025), 2025, pp 514-522 from Springer

Abstract: Abstract This paper employs a OLS regression analysis to investigate the impact of the pandemic on financial investment risk preferences, focusing on borrowing trends and credit behaviors in the U.S. Using data from five key U.S. states (California, Texas, New York, Florida, Illinois), we analyze how changes in COVID-19 case numbers influenced borrowing amounts and interest rates. Our findings reveal that heightened pandemic-related uncertainty led to increased borrowing and shifts toward conservative financial strategies, with credit scores playing a pivotal role in securing favorable loan terms.

Keywords: COVID-19; financial risk preferences; borrowing behavior; regression analysis; FICO scores; pandemic (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-702-1_54

Ordering information: This item can be ordered from
http://www.springer.com/9789464637021

DOI: 10.2991/978-94-6463-702-1_54

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().