Thesis advisor: Peter Ireland / It is not unreasonable to surmise that public sentiment views stock market behavior as an indicator of economic health. Historically, movements in the the stock market indeed correspond to business cycles, but this is not always the case, and the COVID-19 pandemic serves as a distinct case to highlight such an irregularity. The contrast between the behavior of the stock market and that of the economy during the pandemic compels an analysis of the pandemic's actual impact on the stock market, and this paper finds a negative and significant relationship between the interpolated daily closing prices of the S&P 500 and the daily number of COVID-19 cases. / Thesis (BA) — Boston College, 2023. / Submitted to: Boston College. College of Arts and Sciences. / Discipline: Departmental Honors. / Discipline: Economics.
Identifer | oai:union.ndltd.org:BOSTON/oai:dlib.bc.edu:bc-ir_109817 |
Date | January 2023 |
Creators | Jeong, Jakin |
Publisher | Boston College |
Source Sets | Boston College |
Language | English |
Detected Language | English |
Type | Text, thesis |
Format | electronic, application/pdf |
Rights | Copyright is held by the author, with all rights reserved, unless otherwise noted. |
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