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10.1016/j.frl.2020.101554

http://scihub22266oqcxt.onion/10.1016/j.frl.2020.101554
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C7224668!7224668!C7224668
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suck abstract from ncbi


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pmidC7224668      Financ+Res+Lett 2020 ; 35 (ä): 101554
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  • The contagion effects of the COVID-19 pandemic: Evidence from gold and cryptocurrencies #MMPMIDC7224668
  • Corbet S; Larkin C; Lucey B
  • Financ Res Lett 2020[Jul]; 35 (ä): 101554 PMIDC7224668show ga
  • At the beginning of the 2020 global COVID-2019 pandemic, Chinese financial markets acted as the epicentre of both physical and financial contagion. Our results indicate that a number of characteristics expected during a ?flight to safety? were present during the period analysed. The volatility relationship between the main Chinese stock markets and Bitcoin evolved significantly during this period of enormous financial stress. We provide a number of observations as to why this situation occurred. Such dynamic correlations during periods of stress present further evidence to cautiously support the validity of the development of this new financial product within mainstream portfolio design through the diversification benefits provided.
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