Group of Seven (G7) Countries Stock Markets Returns during COVID-19 Outbreak: An ARDL-MIDAS Approach

Ricky Chia Chee Jiun and Kosshini A/P Sreedharan and Mohd Fahmi Bin Ghazali and Nurshila Binti Ahmad (2023) Group of Seven (G7) Countries Stock Markets Returns during COVID-19 Outbreak: An ARDL-MIDAS Approach. Empirical Economics Letters, 22 (3). pp. 1-10. ISSN 1681 8997

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Abstract

The impact of the coronavirus (COVID-19) outbreak is visible in the global stock market. This study intents to investigate this issue for the Group of Seven countries (G7) using an Autoregressive Distributed Lags-Mixed Data Sampling (ARDL-MIDAS). The model allows to see how weekly stock indices return of G7 countries respond to the daily COVID-19 cases growth. The findings indicate that COVID-19 has a varied impact on each of the G7 countries‟ stock indices due to measures taken by the government to curb COVID-19 spread and stimulus package introduction, as well as the development of vaccines

Item Type:	Article
Keyword:	Group of Seven Countries, Stock Returns, COVID-19, Mixed Frequency, ARDL-MIDAS
Subjects:	J Political Science > JC Political theory > JC11-605 Political theory. The state. Theories of the state > JC348-497 Forms of the state R Medicine > RA Public aspects of medicine > RA1-1270 Public aspects of medicine > RA421-790.95 Public health. Hygiene. Preventive medicine > RA643-645 Disease (Communicable and noninfectious) and public health
Department:	FACULTY > Labuan Faculty of International Finance
Depositing User:	ABDULLAH BIN SABUDIN -
Date Deposited:	09 Feb 2024 15:52
Last Modified:	09 Feb 2024 15:52
URI:	https://eprints.ums.edu.my/id/eprint/38227

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