Literature DB >> 35013676

COVID-19 crisis, voters' drivers, and financial markets consequences on US presidential election and global economy.

Ionuț Daniel Pop1.   

Abstract

The paper examines the United States 2020 presidential election drivers and effects, under the uncertainty caused by COVID-19. By considering news-based, financial markets, and coronavirus specific inputs in panel data framework, the results reveal that COVID-19 affects candidates' chances. Biden's electorate reacts positive to news regarding unemployment or healthcare, stress level on financial markets or Country Sentiment Index. Trump's opportunities increase with coronavirus indicators or news about populism. However, President-elect Biden must provide solutions for national economy issues like unemployment, budget deficit or healthcare inequalities. Simultaneously, having extensive prerogatives on trade and investment partnerships, influences mitigation of COVID-19 global effects.
© 2021 Elsevier Inc. All rights reserved.

Entities:  

Keywords:  COVID-19 pandemic; Financial market; Global economy; News-based variable; Uncertainty; United States presidential election

Year:  2021        PMID: 35013676      PMCID: PMC8734333          DOI: 10.1016/j.frl.2021.102113

Source DB:  PubMed          Journal:  Financ Res Lett        ISSN: 1544-6131


  9 in total

1.  Forecasting US recessions: The role of economic uncertainty.

Authors:  Valerio Ercolani; Filippo Natoli
Journal:  Econ Lett       Date:  2020-06-09

2.  The COVID-19 Outbreak and Affected Countries Stock Markets Response.

Authors:  HaiYue Liu; Aqsa Manzoor; CangYu Wang; Lei Zhang; Zaira Manzoor
Journal:  Int J Environ Res Public Health       Date:  2020-04-18       Impact factor: 3.390

3.  COVID-19 and the march 2020 stock market crash. Evidence from S&P1500.

Authors:  Mieszko Mazur; Man Dang; Miguel Vega
Journal:  Financ Res Lett       Date:  2020-07-09
  9 in total

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