Source: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7717775/pdf/main.pdf

Question 1

Since its discovery in December 2019, the novel coronavirus has rapidly spread all over the globe, infecting more than 17 million people in 213 different countries and territories. The COVID-19 pandemic proved to be a textbook black-swan event, impacting households and corporates among others.

1.1. Critically discuss the emergence of the COVID-19 pandemic as a black swan event impacting the economy. 1.2. Critically discuss interventions taken by global governments to assist vulnerable households and corporates from the impact of the novel corona virus. Question 2

Highlight the channels by which COVID-19-related policies may impact the stock market liquidity.

Question 3

There is a long and rapidly growing body of studies that deal with the impact of COVID-19 pandemic on financial markets

3.1 Using examples in South Africa, discuss the significance of financial markets on the economy in South Africa.

3.2 Discuss the emerging findings in literature of the impact of COVID-19 on financial markets.

Question 4

Using panel regression to the full set of countries in the sample. Evaluate the effects of the majority of the policy responses.

Question 5

Summarize the impact of government restrictions separately in the developed and emerging markets (classified according to MSCI standards). Evaluate which region was adversely impacted by government restriction