A Review of COVID-19 Effects on the World`s Economy, StockMarkets, Especially Emerging Markets and Tehran Stock Exchange

Publish Year: 1399
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:

IAMS17_008

تاریخ نمایه سازی: 14 اسفند 1399

Abstract:

In this study, a review of research in the field of COVID-19 and its effects on the economy and financial markets of emerging markets, specifically Tehran Stock Exchange has been conducted. This study provides a brief overview of the latest findings on the economic impact(s) of the COVID-19. Most of the research results indicate the negative effects of COVID-19 on all economic sectors, at least in the short term. Financial markets, regardless of whether they are developing or developed, also experienced a sharp decline in value since March 11, 2020, when the World Health Organization declared a global emergency. Most researchers’ findings also point to the importance of decisions made by governments and central banks in the period of a pandemic. The positive effect of social isolation on long-term economic recovery has also been mentioned by some research.

Authors

Mohammad Osoolian

Department of Finance, Shahid Beheshti University, G.C., Evin, Tehran, ۱۹۸۳۹, Iran

Ali Koushki

Department of Finance, Shahid Beheshti University, G.C., Evin, Tehran, ۱۹۸۳۹, Iran