What can we learn from the market reactions to COVID-19?
Research carried out by researchers at the University of Zurich, the Swiss Finance Institute, and UVA Darden reveals what makes firms resilient against rare disasters such as COVID-19. More generally, employing knowledge of the financial markets in a forward-looking manner enables people to understand risks and broader social trends.
Alexander Wagner is a Professor of Finance at the University of Zurich and the Swiss Finance Institute. His work is available at www.alex-wagner.com. The research featured in this video was conducted with Stefano Ramelli (Zurich) and Simon Glossner and Pedro Matos (UVA Darden).