Google search volumes and the financial markets during the COVID-19 outbreak

被引：41

作者：

Costola, Michele ^{[1
]}

Iacopini, Matteo ^{[2
]}

Santagiustina, Carlo R. M. A. ^{[1
]}

机构：

[1] Ca Foscari Univ Venice, Cannaregio 873, I-30123 Venice, Italy

[2] Vrije Univ Amsterdam, De Boelelaan 1105, NL-1081 HV Amsterdam, Netherlands

来源：

FINANCE RESEARCH LETTERS | 2021年 / 42卷

关键词：

COVID-19; Financial Markets; Google Trends; NATURAL DISASTERS; IMPACT; UNCERTAINTY; ATTENTION;

D O I：

10.1016/j.frl.2020.101884

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

During the outbreak of the COVID-19, concerns related to the severity of the pandemic have played a prominent role in investment decisions. In this paper, we analyze the relationship between public attention and the financial markets using search engine data from Google Trends. Our findings show that search query volumes in Italy, Germany, France, Great Britain, Spain, and the United States are connected with stock markets. The Italian Google Trends index is found to be the main driver of all the considered markets. Furthermore, the country-specific market impacts of COVID-19-related concerns closely follow the Italian lockdown process.

引用

页数：7

共 24 条

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