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

被引:11
作者
Pop, Ionut Daniel [1 ]
机构
[1] Bucharest Univ Econ Studies, Dept Money & Banking, 5-7 Moxa St, Bucharest 010961, Romania
关键词
United States presidential election; COVID-19; pandemic; Global economy; Financial market; Uncertainty; News -based variable; PANEL-DATA;
D O I
10.1016/j.frl.2021.102113
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
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.
引用
收藏
页数:8
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