COVID-19 and finance: Agendas for future research

Financ Res Lett. 2020 Jul:35:101512. doi: 10.1016/j.frl.2020.101512. Epub 2020 Apr 12.

Abstract

This paper highlights the enormous economic and social impact of COVID-19 with respect to articles that have either prognosticated such a large-scale event, and its economic consequences, or have assessed the impacts of other epidemics and pandemics. A consideration of possible impacts of COVID-19 on financial markets and institutions, either directly or indirectly, is briefly outlined by drawing on a variety of literatures. A consideration of the characteristics of COVID-19, along with what research suggests have been the impacts of other past events that in some ways roughly parallel COVID-19, points toward avenues of future investigation.

Keywords: Bank risk; COVID-19 and finance; Catastrophe insurance; Financial market risk; Pandemics.