<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This study analyzes the stock market’s comovement between eleven Eastern European countries in the pre-COVID-19 and COVID-19 period with the USA and China. The methodology used is the wavelet analysis and subsequently the Toda Yamamoto causality test for robustness. This study improves literature by analyzing the ante and COVID-19 crisis period for Eastern European stock markets in relation to the USA and China. The results show that the COVID-19 crisis has generated an increase in the degree of interdependence with USA stock from medium and long to short term; in relation to China stock, if COVID-19 ante there were no links, during the crisis they began to manifest in the medium and long term.</p>
</abstract>

This study analyzes the stock market’s comovement between eleven Eastern European countries in the pre-COVID-19 and COVID-19 period with the USA and China. The methodology used is the wavelet analysis and subsequently the Toda Yamamoto causality test for robustness. This study improves literature by analyzing the ante and COVID-19 crisis period for Eastern European stock markets in relation to the USA and China. The results show that the COVID-19 crisis has generated an increase in the degree of interdependence with USA stock from medium and long to short term; in relation to China stock, if COVID-19 ante there were no links, during the crisis they began to manifest in the medium and long term.

COVID-19 and stock markets comovement in emerging Europe

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"COVID-19 and stock markets comovement in emerging Europe"}

This study analyzes the stock market’s comovement between eleven Eastern European countries in the pre-COVID-19 and COVID-19 period with the USA and China. The...

COVID-19 and stock markets comovement in emerging Europe

Publié en ligne: 08 août 2022

Pages: 660 - 669

DOI: https://doi.org/10.2478/picbe-2022-0063

Mots clés
Covid19, stock markets, comovement, Eastern Europe

© 2022 Dumitru-Nicusor Carausu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

COVID-19 and stock markets comovement in emerging Europe

Publié en ligne: 08 août 2022

Pages: 660 - 669

DOI: https://doi.org/10.2478/picbe-2022-0063

Mots clésCovid19, stock markets, comovement, Eastern Europe

© 2022 Dumitru-Nicusor Carausu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Mots clés
Covid19, stock markets, comovement, Eastern Europe