ArticlePublic health2021
Is the COVID-19 vaccine effective on the US financial market?
Article in Public health, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 12 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.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
12 citing papers in PubMed.
- Navigating crisis: The effect of COVID-19 on sports entrepreneurs and service excellence in non-profit organizations.Heliyon · 2024Article
- The green wave for climate: overcoming financial intermediation challenges in climate change mitigation through credit subsidies.Environmental science and pollution research international · 2023Article
- COVID-19 vaccination and household savings: An economic recovery channel.Finance research letters · 2023Article
- Does US full vaccination against COVID-19 immunize correspondingly S&P500 index: Evidence from the NARDL approach.Heliyon · 2023Article
- Portfolio diversification during the COVID-19 pandemic: Do vaccinations matter?Journal of financial stability · 2023Article
- Connectedness of COVID vaccination with economic policy uncertainty, oil, bonds, and sectoral equity markets: evidence from the US.Annals of operations research · 2023Article
- Comparison of Value at Risk (VaR) Multivariate Forecast Models.Computational economics · 2022Article
- The impact of COVID-19 vaccination on stock market: is there any difference between developed and developing countries?Heliyon · 2022Article
- COVID-19 vaccines and global stock markets.Finance research letters · 2022Article
- The stock market reaction to COVID-19 vaccination in ASEAN.F1000Research · 2022Article
- Can Major Public Health Emergencies Affect Changes in International Oil Prices?International journal of environmental research and public health · 2021Article
- Process Development for Newcastle Disease Virus-Vectored Vaccines in Serum-Free Vero Cell Suspension Cultures.Vaccines · 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
4 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
objectivesCOVID-19 is the most devastating pandemic that affected humanity and the world economy. This paper aimed to study the time-varying connectedness between the COVID-19 vaccination, infection rate (INFR), and the case fatality ratio (CFR) in the United States and the stock market returns. STUDY
designWe used COVID-19 daily confirmed number of infections, deaths, and vaccinations and the daily US stock market index return.
methodsA wavelet coherence approach was used to assess the co-movement of the US stock market with the COVID-19 vaccination, INFR, and the CFR.
resultsThe COVID-19 vaccination, INFR, and CFR have a positive and significant influence on S&P 500 returns at the majority of business cycle frequencies with an in-phase relation.
conclusionsThe wavelet coherence analysis uncovers strong and significant connectedness between COVID-19 vaccination rate and S&P 500 return. From an economic perspective, the US government should continue its intervention with their vaccination strategy, as it is beneficial for fighting the pandemic. This may lead to the recovery of the stock market as well as to the whole economy.
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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.