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Determinants Of G7 And Chinese Stock Market Returns During Covid-19 Outbreak

Author

Listed:
  • Ahmed JERIBI

    (Faculty of Economics and Management of Mahdia, Mahdia, Tunisia)

  • Mohamed FAKHFEKH

    (Higher Institute of Business Administration of Sfax, Sfax, Tunisia)

Abstract

The purpose of this paper is to discuss the determinants of G7, and Chinese stock market returns during the COVID-19 outbreak. We find that Bitcoin and Ethereum can generate benefits from portfolio diversification and hedging strategies for G7 financial investors in early 2020. Our result reveals that Gold is neither hedge nor haven during the COVID-19 pandemic. In addition, the results indicated that the expected volatility of the US stock market has no effect on the Japanese and Chinese financial markets. Finally, our results suggest that the growth rate of confirmed COVID-19 cases and deaths has an impact only on the US stock market.

Suggested Citation

  • Ahmed JERIBI & Mohamed FAKHFEKH, 2020. "Determinants Of G7 And Chinese Stock Market Returns During Covid-19 Outbreak," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(5), pages 256-266, October.
    • Handle: RePEc:rom:bemann:v:10:y:2020:i:5:p:256-266
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    References listed on IDEAS

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    Cited by:

    1. Karamti, Chiraz & Jeribi, Ahmed, 2023. "Stock markets from COVID-19 to the Russia–Ukraine crisis: Structural breaks in interactive effects panels," The Journal of Economic Asymmetries, Elsevier, vol. 28(C).

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