当前位置: X-MOL 学术Eurasian Economic Review › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
US banks in the time of COVID-19: fresh insights from the wavelet approach
Eurasian Economic Review ( IF 2.5 ) Pub Date : 2021-04-28 , DOI: 10.1007/s40822-021-00171-8
Saeed Sazzad Jeris , Ridoy Deb Nath

This study explores the impact of COVID-19, crude oil price, US economic policy uncertainty, baltic dry index, and the stock market volatility on the US bank indices. This study is conducted based on the daily data ranging from 21st January 2020 to 30th October 2020. The wavelet coherence analysis suggests that rising COVID-19 cases in the US have a strong impact on both bank indices. Also, global COVID-19 cases influence the bank indices, although it is not as strong as US COVID-19 cases. Additionally, we have found that the US economic policy uncertainty and stock market volatility imposed negative and strong effect on the bank indices in this pandemic situation. Moreover, continuous fluctuation of crude oil price makes the US banks volatile throughout the period.



中文翻译:

COVID-19时代的美国银行:小波方法的新见解

这项研究探讨了COVID-19,原油价格,美国经济政策的不确定性,波罗的海干燥指数以及股市波动对美国银行指数的影响。这项研究是基于2020年1月21日至2020年10月30日的每日数据进行的。小波相关性分析表明,美国COVID-19病例上升对这两个银行指数都有很大影响。同样,全球COVID-19案件影响着银行指数,尽管不如美国COVID-19案件强。此外,我们发现,在这种大流行情况下,美国经济政策的不确定性和股市波动对银行指数产生了负面而强烈的影响。此外,原油价格的持续波动使美国银行在整个时期内都不稳定。

更新日期:2021-04-29
down
wechat
bug