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Pandemic effects on market volatility in financial sector: Systematic literature review

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Resumo(s)

In 2020, the COVID-19 pandemic presents a remarkable surge in market volatility, stemming from its profound health and economic ramifications. This thesis endeavors to analyze market volatility in the face of COVID-19, presenting the principal events against their respective market reactions. Beyond the immediate market response, the study dives into the heterogeneous impacts on varied financial sectors. The traditional banking faced economic strains and the governments and central banks worldwide intervened with fiscal and monetary strategies to buffer the economic decline. Despite these efforts, financial markets oscillated erratically, reflecting global economic disruptions from lockdowns and business halts, heightened recessionary fears, and other associated factors. This comprehensive literature review strives to decode the interplay between the COVID-19 pandemic and the tumultuous oscillations observed within global financial markets.

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Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and Management

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COVID-19 Pandemic Market volatility Financial markets Global economic impact Geopolitical events

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