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Record W4385577148 · doi:10.24818/jamis.2023.02001

Stock market performance, COVID-19 related government measures, and immunization: Evidence from the G7

2023· article· en· W4385577148 on OpenAlex
Selma Belhouchet, Anis Ben Amar

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueAccounting and Management Information Systems · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicCOVID-19 Pandemic Impacts
Canadian institutionsnot available
Fundersnot available
KeywordsCoronavirus disease 2019 (COVID-19)Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2)Accounting2019-20 coronavirus outbreakBusinessImmunizationStock marketEconomicsEconometricsFinancial economicsMedicineVirologyInternal medicineGeography

Abstract

fetched live from OpenAlex

Research Question- What impact has the COVID-19 transmission rate, death rate, state involvement, and vaccine growth rate had on the stock market returns of the group of seven countries? Motivation- On the one hand, the majority of the literature has only looked at the impact of government interventions, the number of confirmed Covid 19 cases, and the number of deaths on stock markets individually, not their combined impact. Additionally, there hasn't been any research done in the literature up to now on the effect of vaccination on stock market returns. By examining the impact of all four factors—vaccination growth rate, mortality rate, and speed of transmission of covid 19—on the stock market returns of the group of seven G7 countries, our study aims to close this difference. This study is the first comprehensive attempt to investigate the relationships among governmental engagement, COVID-19 vaccination, and stock market returns. Idea- This study explains how stock markets in the G7 countries reacted to the spread rate of Covid 19, mortality rates, containment measures, and immunization Data- The data was collected from a number of sources. The www.investing.com website provides information on daily stock market performance for the G7 economies. S&P 500 (US), FTSE 100 (UK), TSX (Canada), DAX 30 (Germany), CAC 40 (France), MIB (Italy), and Nikkei 225 (Japan) are the only major stock indices we choose. The www.ourworldindata.org website is used to collect the data required to calculate our covid 19 variables (Transmission speed, Mortality rate, Growth in immunization, Containment, and Health Index). The Investment Freedom Index is collected from the Heritage Foundation's website, heritage.org. On www.policyuncertainty.com, you may obtain the Economic Policy Uncertainty Index. The World Bank's World Development Indicators are where the GDP data is derived. All data are for the period of January 1, 2020, to August 31, 2021. Tools- We choose the panel data analysis method to investigate the impact of the COVID-19 pandemic, government action, and vaccines on G7 stock returns. Three COVID-19 variables are first calculated (speed of transmission, mortality rate, and vaccination growth). In the following step, we do panel pooling ordinary least squares regressions. Lastly, a number of robustness tests are applied. Findings- Results show that Covid 19 transmission negatively affects the performance of the G7 stock market. Additionally, research suggests that the virus has infected the atmosphere in the trading halls of seven of the biggest economies in the world, since neither government initiatives nor immunization, have been able to reassure investors or deliver positive results. Contribution- Although there is a substantial amount of literature on stock market performance, this study provides fresh information by examining the impact of three COVID-19 indicators on the performance of the G7 stock markets during the epidemic. In contrast to earlier research, this study assessed the G7 stock market's reaction to vaccination for the first time.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.598
Threshold uncertainty score0.490

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0010.002
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.047
GPT teacher head0.238
Teacher spread0.191 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it