COVID-19疫情期间的公众关注和金融市场
Public Concern and the Financial Markets during the COVID-19 outbreak
摘要：
我们使用来自Google Trends的三个数据源（YouTube、Google News和Google Search）来衡量COVID-19疫情期间的公众关注度。我们的发现有三个方面。首先，意大利公众的关注被认为是其他国家关注的驱动力。其次，我们证明了意大利的谷歌趋势数据更好地解释了法国，德国，英国，美国和西班牙的股票指数回报率。最后，我们进行了随时间变化的分析，并确定在意大利封锁过程的每一步发生在金融市场的最严重的影响。
英文摘要：
We measure the public concern during the outbreak of COVID-19 disease using three data sources from Google Trends (YouTube, Google News, and Google Search). Our findings are three-fold. First, the public concern in Italy is found to be a driver of the concerns in other countries. Second, we document that Google Trends data for Italy better explains the stock index returns of France, Germany, Great Britain, the United States, and Spain with respect to their country-based indicators. Finally, we perform a time-varying analysis and identify that the most severe impacts in the financial markets occur at each step of the Italian lock-down process.
机构、总结、中文摘要均由AI分析而来，可能存在错误，请以论文正文为准。
