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. 2021 Mar 7;141(2):802–830. doi: 10.1016/j.jfineco.2021.03.005

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Fig 3 — Stock market returns since the spread of COVID-19. This figure plots the cumulative stock market returns since January 17, 2020 for selected economies. Cumulative returns are calculated from the value-weighted market index in each economy. Source: Thomson Reuters.