EconPapers    
Economics at your fingertips  
 

The International Spread of COVID-19 Stock Market Collapses

Silvio Contessi and Pierangelo De Pace ()
Additional contact information
Silvio Contessi: Monash Business School

Economics Department, Working Paper Series from Economics Department, Pomona College

Abstract: We identify periods of mildly explosive dynamics and collapses in the stock markets of 18 major countries during the COVID-19 pandemic of 2020. We find statistical evidence of instability transmission from the Chinese stock market to all other markets. The recovery is heterogeneous and not explosive in all markets.

Keywords: Mildly Explosive Behavior; Stock Market Crashes; COVID-19 (search for similar items in EconPapers)
Date: 2020-06-20, Revised 2020-06-25
New Economics Papers: this item is included in nep-rmg
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://scholarship.claremont.edu/cgi/viewcontent. ... text=pomona_fac_econ (application/pdf)

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:clm:pomwps:1013

Access Statistics for this paper

More papers in Economics Department, Working Paper Series from Economics Department, Pomona College Contact information at EDIRC.
Bibliographic data for series maintained by Candace Lebel ().

 
Page updated 2020-11-24
Handle: RePEc:clm:pomwps:1013