ArticleFrontiers in psychology2021
The Investor Psychology and Stock Market Behavior During the Initial Era of COVID-19: A Study of China, Japan, and the United States.
Article in Frontiers in psychology, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 17 papers.
What it found
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Who cites it
17 citing papers in PubMed, 126 citations in OpenAlex.
- Stock and cryptocurrency trading and problem gambling behavior during early phases of the COVID-19 pandemic: a narrative literature review.Frontiers in psychology · 2025Review
- Impact of the Global Fear Index (COVID-19 Panic) on the S&P Global Indices Associated with Natural Resources, Agribusiness, Energy, Metals, and Mining: Granger Causality and Shannon and Rényi Transfer Entropy.Entropy (Basel, Switzerland) · 2023Article
- Article
- Transfer Entropy Granger Causality between News Indices and Stock Markets in U.S. and Latin America during the COVID-19 Pandemic.Entropy (Basel, Switzerland) · 2022Article
- A blessing in disguise: new insights on the effect of COVID-19 on the carbon emission, climate change, and sustainable environment.Environmental science and pollution research international · 2022Article
- The influence of energy consumption and economic growth on environmental degradation in BRICS countries: an application of the ARDL model and decoupling index.Environmental science and pollution research international · 2022Article
- Examine the Moderating Role of Teacher's Self-Efficacy in the Relationship Between the Job Satisfaction and Professional Learning Community in China.Frontiers in psychology · 2022Article
- Policy Announcement, Investor Attention, and Stock Volatility: Evidence From the New Energy Vehicle Industry.Frontiers in psychology · 2022Article
- View on the bullishness index and agreement index.Frontiers in psychology · 2022Article
- Impact of Role Conflict on Intention to Leave Job With the Moderating Role of Job Embeddedness in Banking Sector Employees.Frontiers in psychology · 2021Article
- The Behavioral Role of Digital Economy Adaptation in Sustainable Financial Literacy and Financial Inclusion.Frontiers in psychology · 2021Article
- Effect of Regret Aversion and Information Cascade on Investment Decisions in the Real Estate Sector: The Mediating Role of Risk Perception and the Moderating Effect of Financial Literacy.Frontiers in psychology · 2021Article
- Equity Structure, Strategic Investment Psychology, and Performance in China's Green Economy Context.Frontiers in psychology · 2021Article
- Impact of Pricing and Product Information on Consumer Buying Behavior With Customer Satisfaction in a Mediating Role.Frontiers in psychology · 2021Article
- The Effect of COVID-19 Pandemic on Service Sector Sustainability and Growth.Frontiers in psychology · 2021Review
- The Empirical Investigation Between Ethical Leadership and Knowledge-Hiding Behavior in Financial Service Sector: A Moderated-Mediated Model.Frontiers in psychology · 2021Article
- The Relationship Between Social Media Digitalization and Coronavirus Disease 2019 Fear Among Service Sector Employees.Frontiers in psychology · 2021Article
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
5 authors at 2 institutions in 1 country.
Funding
No grant is acknowledged in the PubMed record.
Abstract
A highly transmittable and pathogenic viral infection, COVID-19, has dramatically changed the world with a tragically large number of human lives being lost. The epidemic has created psychological resilience and unbearable psychological pressure among patients and health professionals. The objective of this study is to analyze investor psychology and stock market behavior during COVID-19. The psychological behavior of investors, whether positive or negative, toward the stock market can change the picture of the economy. This research explores Shanghai, Nikkei 225, and Dow Jones stock markets from January 20, 2020, to April 27, 2020, by employing principal component analysis. The results showed that investor psychology was negatively related to three selected stock markets under psychological resilience and pandemic pressure. The negative emotions and pessimism urge investors to cease financial investment in the stock market, and consequently, the stock market returns decreased. In a deadly pandemic, the masses were more concerned about their lives and livelihood and less about wealth and leisure. This research contributes to the literature gap of investors' psychological behavior during a pandemic outbreak. The study suggests that policy-makers should design a plan to fight against COVID-19. The government should manage the health sector's budget to overcome future crises.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.