Publikation in Finance Research Letters
Das Journal Finance Research Letters hat das Paper "Trust and stock market volatility during the COVID-19 crisis" veröffentlicht.
Abstract:
We investigate if trust affects global stock market volatility during the COVID-19 pandemic. Using a sample of 47 national stock markets, we find the stock markets’ volatility to be significantly lower in high-trust countries (in reaction to COVID-19 case announcements). Both trust in fellow citizens as well as in the countries’ governments are of significant importance.
Zitation:
Engelhardt, N., Krause, M., Neukirchen, D., & Posch, P. N. (2020). Trust and stock market volatility during the COVID-19 crisis. Finance Research Letters, 101873.