May 21, 2020

COVID-19: Media Coverage and Financial Markets Behavior—A Sectoral Inquiry

Category: Article Summary

Topic: Public Health Policy and Practice

• Haroon and Rizvi found that panic about the coronavirus pandemic generated by news outlets was associated with increasing volatility in the equity markets. Specifically, panic-laden news was associated with greater market volatility in sectors perceived to be most affected by outbreak. 

Haroon and Rizvi. (May 15, 2020). COVID-19: Media Coverage and Financial Markets Behavior—A Sectoral Inquiry. Journal of Behavioral and Experimental Finance. https://doi.org/10.1016/j.jbef.2020.100343