COVID‐19, Mobility Restriction Policies and Stock Market Volatility: A Cross‐Country Empirical Study

Richard Mawulawoe Ahadzie, Dan Daugaard, Moses Kangogo, Faisal Khan and Joaquin Vespignani

Economic Papers, 2024, vol. 43, issue 2, 184-203

Abstract: This study investigates the impact of COVID‐19 infections and mobility restriction policies on stock market volatility. We estimate panel data models for seven countries using daily data from February 12, 2020 to April 14, 2021. Our results show that the number of new cases of COVID‐19 infections and the introduction of mobility restriction policies plays a crucial role in shaping stock market volatility during the pandemic. We found that new cases of COVID‐19 infections and mobility restrictions policies increase stock market jumps rather than increase continuous volatility. We also find that mobility restriction policies lessen the impact of new COVID‐19 cases on stock market volatility.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/1759-3441.12414

Related works:
Working Paper: COVID-19, Mobility Restriction Policies and Stock Market Volatility: A Cross-Country Empirical Study (2023)
Working Paper: Covid-19, Mobility Restriction Policies and Stock Market Volatility: A Cross-Country Empirical Study (2023)
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:bla:econpa:v:43:y:2024:i:2:p:184-203

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0812-0439

Access Statistics for this article

Economic Papers is currently edited by Professor Guay Lim

More articles in Economic Papers from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().