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COVID-19 Crisis Economic

Julia Puaschunder ()

Proceedings of the 20th International RAIS Conference, December 6-7, 2020 from Research Association for Interdisciplinary Studies

Abstract: The currently ongoing novel Coronavirus-crisis is an external shock coming down on society with direct impact on societal moods and subsequently connected economic changes. With growing digitalization and quickening of transfer speed, information exchange in the individual involvement to break trends online on a global scale may impose unknown systemic risks in causing social volatility in international economics. Research may explore how human beings’ communication and interaction results in socially constructed volatility that echoes in economic correlates. This paper theoretically covers the history of heterodox economic cycles in order to then propose to explore the role of communication and temporal foci in pandemic communication to create social volatility underlying economic downturns.

Keywords: Affect; Collective moods; Communication; Consumption; Coronavirus; COVID-19; Digitalization; Economic fundamentals; External shock; Information; Lockdown; News; Pandemic; Social volatility; Socio-Economics; Socio-Psychological Foundations; 2008/09 World Financial Crisis (search for similar items in EconPapers)
Pages: 8 pages
Date: 2020-12
New Economics Papers: this item is included in nep-hme and nep-pke
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Published in Proceedings of the 20th International RAIS Conference on Social Sciences and Humanities, December 6-7, 2020, pages 140-147

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