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ARTÍCULO
TITULO

International Evidence of COVID-19 and Stock Market Returns: An Event Study Analysis

Ahmad Bash    

Resumen

We study the effect of the first registered case of COVID-19 on stock market returns using event study analysis. Mean-adjusted returns and market model methods are used to estimate cumulative abnormal returns for 30 countries. The results show that stock market returns experience a downwards trend as well as significant negative returns following the COVID-19 outbreak.Keywords: COVID-19, event study, index returns; pandemicsJEL Classification: G14DOI: https://doi.org/10.32479/ijefi.9941

PÁGINAS
pp. 34 - 38
MATERIAS
ECONOMÍA

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