Figures & data
Table 1 Descriptive statistics.
Table 2 Main results.
Fig. 1 Plotting the cross-sectional averages of RET, STR, CONT and RESP.
NOTE: The figure plots the weekly cross-sectional averages of stock returns (RET), government stringency (STR), government containment and health (CONT) and overall government response (RESP). The break date estimate and the associated 95% confidence interval are taken from . The reported dates refer to the last day of the relevant week.
![Fig. 1 Plotting the cross-sectional averages of RET, STR, CONT and RESP.NOTE: The figure plots the weekly cross-sectional averages of stock returns (RET), government stringency (STR), government containment and health (CONT) and overall government response (RESP). The break date estimate and the associated 95% confidence interval are taken from Table 2. The reported dates refer to the last day of the relevant week.](/cms/asset/f8a64103-8f9f-4010-ab9b-669ca04cd60d/ubes_a_2053690_f0001_c.jpg)