Research on Pandemics

Lessons from an Economics and Finance Perspective

Yezhou Sha, Susan Sunila Sharma

• Publisher: Routledge
• Year: 2021
• Print ISBN: 9781032103013
• eBook ISBN: 9781000483611
• Edition: 1
• Topic: Economics
• Subtopic: Economic Theory
• Index: Economics

The lasting turmoil associated with the unprecedented pandemic, triggered by the novel corona virus COVID-19, has dragged the world into a mud of uncertainty. Fiscal stimulation, interest rate cuts, global supply-chain redeployment, "pandemic bond" and circuit breakers kicked in and the world is responding to this great challenge. But how can finance and economic research help the world under such circumstances?

This book dwells on this new area of research and tries to understand how pandemics impact the economic and financial ecosystem of both emerging and advanced economies. Lessons learnt from the experience of previous pandemics maybe presented and discussed through drawing on policy lessons to date. By gathering research on political economy, geopolitical issues, behavioral finance, international institutional responses and medical and health issues resulting from pandemics, the chapters in this edited volume help in expanding the knowledge of social and economic consequences of the pandemic as well as set the foundation for future research. This book would benefit scholars, policy makers and entrepreneurs worldwide as a valuable archive of research on pandemics.

The chapters in this book were originally published as a special issue of Emerging Markets Finance and Trade.

Table of contents

• Cover
• Half Title
• Title Page
• Copyright Page
• Contents
• Citation Information
• Notes on Contributors
• Introduction: Research on Pandemics Special Issue of Emerging Markets Finance and Trade
• 1 Country Responses and the Reaction of the Stock Market to COVID-19—a Preliminary Exposition
• 2 Flatten the Curve and Stock Market Liquidity – An Inquiry into Emerging Economies
• 3 Does the Indian Financial Market Nosedive because of the COVID-19 Outbreak, in Comparison to after Demonetisation and the GST?
• 4 How Do Firms Respond to COVID-19? First Evidence from Suzhou, China
• 5 COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market
• 6 The Impact of the COVID-19 Pandemic on Firm Performance
• 7 Which Firm-specific Characteristics Affect the Market Reaction of Chinese Listed Companies to the COVID-19 Pandemic?
• 8 COVID-19 Pandemic and Firm-level Cash Holding—Moderating Effect of Goodwill and Goodwill Impairment
• 9 Is the Chinese Economy Well Positioned to Fight the COVID-19 Pandemic? the Financial Cycle Perspective
• 10 The Disease Outbreak Channel of Exchange Rate Return Predictability: Evidence from COVID-19
• 11 Fear Sentiment, Uncertainty, and Bitcoin Price Dynamics: The Case of COVID-19
• 12 Constructing a Global Fear Index for the COVID-19 Pandemic
• 13 Accounting Index of COVID-19 Impact on Chinese Industries: A Case Study Using Big Data Portrait Analysis
• 14 How Does COVID-19 Affect China’s Insurance Market?
• 15 Household Financial Decision Making Amidst the COVID-19 Pandemic
• 16 Pandemic, Mobile Payment, and Household Consumption: Micro-Evidence from China
• 17 The Response of the Labor Force Participation Rate to an Epidemic: Evidence from a Cross-Country Analysis
• 18 Implications of COVID-19 Pandemic on the Global Trade Networks
• 19 COVID-19 and Air Quality: Evidence from China
• Index