03598ntm a22005297i 4500 000120058 CZ-PrVSE 20210619205335.0 m d cr n|||||||||| 210619s2021 xr fsbm 000 0 eng d NEZPRACOVANÝ IMPORT ABA006 cze ABA006 ABA006 rda Muska, Natália ISIS:151667 dis Coronavirus and European stock markets : measuring the effects of public health controls, fiscal and monetary policies eng Coronavirus and European stock markets : measuring the effects of public health controls, fiscal and monetary policies Natália Muska 2021 ?? stran : digital, PDF soubor Vedoucí práce: Karel Brůna Diplomová práce (Ing.)—Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví, 2021 Obsahuje bibliografii Textový (vysokoškolská kvalifikační práce) Rok obhajoby 2021 Coronavirus pandemic caused one of the most severe stock market crashes, which was followed by one of the fastest recoveries in the history. This master thesis examines the relationship between Coronavirus and European stock markets. The focus of the study is on determination of relationship between most followed and possibly most precise measures of Coronavirus – new daily reported cases and deaths and stock market returns and analysis of its evolvement with time. In addition, human control measures, fiscal and monetary policies are analysed to determine whether and how they affect stock index returns in conjunction with new reported cases and deaths from the virus. The findings suggest that significant inverse relationship is present between new Coronavirus cases and stock index returns, while relationship between new Coronavirus deaths and index returns is less significant and positive. These relationships are the strongest in the first wave of the pandemic and diminish over time. Results also suggest that there is an inverse relationship between strictness of human control measures and stock index returns. In line with the well-established theories monetary policies aimed to increase money supply and interest rate cuts on average have positive effect on stock index returns. Lastly, no distinct judgement about the relationship between the scale of pandemic related fiscal policies and index returns can be made based on available data. Způsob přístupu: Internet finance and accounting [obor dipl. práce] diplomové práce fd132022 czenas master's theses eczenas Coronavirus Stock markets Financial crisis Fiscal policy Monetary policy Human control measures Brůna, Karel, 1973- mzk2009543943 ths Tesařová, Žaneta ISIS:101643 opn Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví kn20010709398 dgg https://insis.vse.cz/zp/75247/podrobnosti VŠKP v InSIS https://insis.vse.cz/zp/75247 Hlavní práce https://insis.vse.cz/zp/75247/posudek/vedouci Hodnocení vedoucího https://insis.vse.cz/zp/75247/posudek/oponent/71299 Oponentura https://insis.vse.cz/zp/75247/podrobnosti dc:identifier NEPOSILAT VSKP vse75247 210610 75247