Nome da Revista: Journal of Banking & Finance
Classificação: B2
Dossiê Temático: “The Impact of Global Pandemic on Financial Markets and Institutions”
Prazo: 31/05/2021
Titulação: não informada
Link para a chamada: clique aqui
Texto da chamada
In a span of less than three months COVID-19 spread from China across the world, becoming a global pandemic. By the end of March 2020 the virus had impacted every aspect of the global economy, from international finance and supply chains to large-scale unemployment and corporate distress. This special issue invites submissions related to the impact of the pandemic on financial markets and financial institutions. In taking the pandemic as a case study of a “black swan” event affecting all markets simultaneously, we aim to help researchers and policymakers understand the performance of markets and institutions under extreme stress.
Broadly, the special issue will focus on the impact of the crisis on securities and derivatives markets, financial intermediaries, central counterparties, and other institutions at the core of the financial system. We will also consider the impact of market performance on the macroeconomy during this period. Specific topics may include:
- Market liquidity in exchange-traded and OTC securities and derivatives, including volatility products and securitization of credits;
- Incorporation of information related to coronavirus into asset prices, and the impact of non-fundamental information on price discovery;
- High-frequency analysis and anomaly detection in stocks, oil, commodities, repos and potential safe-haven assets;
- The closing of the NYSE floor, market trading halts and the role of algorithmic trading during extreme market movements;
- The behavior of proprietary trading firms and their clearing brokers and central counterparties;
- The impact of government policies implemented before or during the crisis period on financial markets and institutions;
- Procyclical feedback of central counterparty margin requirements, regulatory capital requirements, and bank risk-management practices;
- Lending and performance of financial institutions during the crisis;
- Borrower runs on bank lines of credit;
- Asset management performance during the pandemic: leveraged ETFs, and crowded trades.
This special issue will be overseen by the journal co-editor Carol Alexander with guest editors Michael Gordy and Clara Vega both of the US Federal Reserve Board and Robert Van Ness of the University of Mississippi.
Authors should select SI: Market Impact of Pandemic when they reach the “Article Type” step in the submission process.
Please note that submissions close on 31 May 2021. Submissions will be reviewed promptly by the guest editors for suitability, and those not desk-rejected will be assigned to referees for full review. Accepted papers will appear with DOI online soon after acceptance. However, the printed version and full citation details are unlikely to appear until the end of 2022. Authors should also consider whether their topic is directly relevant to this particular special issue, rather than special issues in other Elsevier journals related to Covid-19.
Timeline:
• Submission Deadline: 31 May 2021