论文标题
COVID-19爆发期间的市场结构动态
Market structure dynamics during COVID-19 outbreak
论文作者
论文摘要
在本说明中，我们从市场结构的角度讨论了Covid-19-19的影响。我们观察到，在过去的四个星期中，美国的市场结构发生了巨大变化，并且随着美国报告的感染病例的数量，变化水平已发生。目前，市场结构最类似于2008年危机中期的结构，但有迹象表明它可能已经开始发展成为一种新的结构。这是系列的第一篇文章，我们将在其中分析和讨论市场结构，因为它发展到进一步的不稳定状态，或者更乐观地稳定和恢复。
In this note, we discuss the impact of the COVID-19 outbreak from the perspective of the market-structure. We observe that the US market-structure has dramatically changed during the past four weeks and that the level of change has followed the number of infected cases reported in the USA. Presently, market-structure resembles most closely the structure during the middle of the 2008 crisis but there are signs that it may be starting to evolve into a new structure altogether. This is the first article of a series where we will be analyzing and discussing market-structure as it evolves to a state of further instability or, more optimistically, stabilization and recovery.
