{"database":"biostudies-literature","file_versions":[],"scores":null,"additional":{"omics_type":["Unknown"],"volume":["144"],"submitter":["Baig AS"],"pubmed_abstract":["Existing research suggests that retail trading is associated with volatility in financial markets. To extend the literature, we study the dynamic effects of retail trading on volatility during the COVID-19 pandemic. Using marketable retail trades identified from the Boehmer et al. (2021) algorithm and novel empirical methods discussed in Jordá (2005), we document a negative, persistent impact of retail trading on the stability of stock prices that is particularly stronger during the pandemic than during the pre-pandemic period. These results highlight how periods of crises - like the pandemic - affect the destabilizing influence of retail trading. To provide additional evidence, we replicate our empirical exercise during the 2008-09 financial crisis. Consistent with the COVID-19 period, we"],"journal":["Journal of banking & finance"],"pagination":["106627"],"full_dataset_link":["https://www.ebi.ac.uk/biostudies/studies/S-EPMC9355410"],"repository":["biostudies-literature"],"pubmed_title":["Do retail traders destabilize financial markets? An investigation surrounding the COVID-19 pandemic."],"pmcid":["PMC9355410"],"pubmed_authors":["Yasin A","Butt HA","Baig AS","Blau BM"],"additional_accession":[]},"is_claimable":false,"name":"Do retail traders destabilize financial markets? An investigation surrounding the COVID-19 pandemic.","description":"Existing research suggests that retail trading is associated with volatility in financial markets. To extend the literature, we study the dynamic effects of retail trading on volatility during the COVID-19 pandemic. Using marketable retail trades identified from the Boehmer et al. (2021) algorithm and novel empirical methods discussed in Jordá (2005), we document a negative, persistent impact of retail trading on the stability of stock prices that is particularly stronger during the pandemic than during the pre-pandemic period. These results highlight how periods of crises - like the pandemic - affect the destabilizing influence of retail trading. To provide additional evidence, we replicate our empirical exercise during the 2008-09 financial crisis. Consistent with the COVID-19 period, we","dates":{"release":"2022-01-01T00:00:00Z","publication":"2022 Nov","modification":"2025-04-26T05:21:34.67Z","creation":"2025-02-19T03:00:22.158Z"},"accession":"S-EPMC9355410","cross_references":{"pubmed":["35959423"],"doi":["10.1016/j.jbankfin.2022.106627"]}}