Stagpression : the economic and financial impact of the COVID-19 pandemic / Mario Arturo Ruiz Estrada, Evangelos Koutronas, Minsoo Lee

This paper formulates an analytical framework to understand the spatiotemporal patterns of epidemic disease occurrence, its relevance, and implications to financial markets activity. The paper suggests a paradigm shift: a new multi-dimensional geometric approach to capture all symmetrical and asymmetrical strategic graphical movement. Furthermore, it introduces the concept of stagpression, a new economic phenomenon to explain the uncharted territory the world economies and financial markets are getting into. The Massive Pandemic Contagious Diseases Damage on Stock Markets Simulator (φ-Simulator) to evaluate the determinants of capital markets behavior in the presence of an infectious disease outbreak. The model investigates the impact of Covid-19 on the performance of ten stock markets, including S&P 500, TWSE, Shanghai Stock Exchange, Nikkei 225, DAX, Hang Seng, U.K.-FTSE, KRX, SGX, and Malaysia-FTSE..

Medienart:

E-Artikel

Erscheinungsjahr:

2021

Erschienen:

2021

Enthalten in:

Zur Gesamtaufnahme - volume:15

Enthalten in:

Contemporary economics - 15(2021), 1, special issue vom: 22. Feb., Seite 19-33

Sprache:

Englisch

Beteiligte Personen:

Estrada, Mario Arturo Ruiz [VerfasserIn]
Koutronas, Evangelos [VerfasserIn]
Lee, Minsoo [VerfasserIn]

Links:

we.vizja.pl [kostenfrei]
doi.org [kostenfrei]

Themen:

Economic desgrowth
Economic modeling
Pandemics
Policy modeling
Stagpression
Stock Market

doi:

10.5709/ce.1897-9254.433

funding:

Förderinstitution / Projekttitel:

PPN (Katalog-ID):

1751460673