Action for Action: Mad COVID-19, Falling Markets and Rising Volatility of SAARC Region

نویسندگان

چکیده

The Southern Region has reported a large number of contagious pandemic outbreaks. These epidemics brought threats to human health and resulted in serious economic losses. COVID-19 is global virus weakened the financial markets with significant effect on stock returns market volatilities. study obtained dataset about structure South Asian Association for Regional Cooperation (SAARC) Countries. purpose determine 2019-nCov performance SAARC member states. considered indexes National Stock Exchanges each country applied an event approach estimating impact Mad volatilities window 25 days severe hits. CAR proved declining countries. Asymmetric GJR-GARCH Model estimated changeable volatility increase as negative shock. significantly reacts falling rising volatility.

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ژورنال

عنوان ژورنال: Annals of Data Science

سال: 2021

ISSN: ['2198-5804', '2198-5812']

DOI: https://doi.org/10.1007/s40745-021-00349-6