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Does COVID-19 Drive Stock Price Bubbles in Medical Mask?

Author

Listed:
  • Zheng Zheng Li
  • Yidong Xiao
  • Chi-Wei Su

    (School of Economics, Qingdao University, China)

Abstract

This article studies whether there is a bubble in the price of medical masks, especially considering the COVID-19 pandemic. The empirical results show that multiple bubbles exist in 2020 and are correlated with COVID-19 related events. This study alerts investors to rationally evaluate changes in the stock market during the pandemic.

Suggested Citation

  • Zheng Zheng Li & Yidong Xiao & Chi-Wei Su, 2021. "Does COVID-19 Drive Stock Price Bubbles in Medical Mask?," Asian Economics Letters, Asia-Pacific Applied Economics Association, vol. 2(4), pages 1-6.
  • Handle: RePEc:ayb:jrnael:37
    DOI: 2021/10/06
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    medical masks; pandemic; bubbles; covid-19;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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