The impact of the COVID-19 outbreak on the connectedness of the BRICS's term structure.

Humanit Soc Sci Commun · 2023 · PMC9809532 · PMID 36619598

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an increasing trendno p-value reported

2 ), the term structure level shows an increasing trend during the first part of the sample, before the onset of the first wave of the COVID-19 crisis.

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a decreasing trendno p-value reported

These connectedness levels are reduced in all cases during the third and fourth waves, showing, in general, a decreasing trend until them.

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