Are all countries created the same? An asymmetric nexus between the COVID pandemic and G20 stock markets
The impact from COVID is dire to economies, and G20 countries are no exception irrespective of how developed their market are.This is due to how investors respond to bad and good news alike.Using daily data, for the G20 countries and data on COVID, we employ quantile regression (QR) and quantile-on-quantile regression (QQR) to explore the asymmetri