| dc.description.abstract | The Covid-19 global pandemic, which has disrupted labor and financial markets
around the globe, has caused financial and health complications.
Using Generalized Autoregressive Conditional Heteroskedastic (GARCH) model,
this study examines the effects of Covid-19 on the mean and volatility of the Vietnamese
stock market returns between January 1, 2020, and December 31, 2021.
Indicators of the Covid-19 pandemic are the increase in mortality and the number of
confirmed cases. According to empirical data, a higher rate of growth for confirmed cases is
associated with decreased stock returns. It should be emphasized that the growth rate of
verified instances has a positive and significant effect on the volatility of stock return. These
empirical findings could be instructive for investors and policymakers. | en_US |
