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Identification of Disease-related Spatial Covariance Patterns using Neuroimaging Data
Published on: June 26, 2013
COVID-19 containment measures and stock market returns: An international spatial econometrics investigation
Christos Alexakis1, Konstantinos Eleftheriou2, Patroklos Patsoulis2
1Rennes School of Business, 2 rue Robert d'Arbrissel, 35065 Rennes, France.
Abstract:
We investigate the impact of governments' social distancing measures against the novel coronavirus disease 2019 (COVID-19) as this was reflected on 45 major stock market indices. We find evidence of negative direct and indirect (spillover) effects for the initial period of containment measures (lockdown).
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