Under tremendous pressure, the heroine Nina of the movie Black Swan transformed from purity to complexity, from depression to release. Her attitude towards art changed from imperfection into perfection. Though she fin...Under tremendous pressure, the heroine Nina of the movie Black Swan transformed from purity to complexity, from depression to release. Her attitude towards art changed from imperfection into perfection. Though she finally gets success for her perfect performance, yet she gets it at the cost of her life. From the standpoints of figurative meanings of, the four main colorsblack, white, pink, grey, this paper tries to analyze the relationship between colors, the connection of their roles, the multiple meanings of black swan and the death of black swan. A conclusion can be reached as follows: white represents purity and innocence of Nina; pink stands for her girlishness and na?ve; grey, the transitional color in movie, represents Thomas and his overwhelmingly primitive temptation; the typical representatives of black are Lily, Beth and changed Nina and it also stands for ferity, release and sexual temptation.展开更多
This study presents a thorough investigation of the relationship between the coronavirus disease 2019(COVID-19)and daily stock price changes.We use several types of COVID-19 patients as indicators for exploring whethe...This study presents a thorough investigation of the relationship between the coronavirus disease 2019(COVID-19)and daily stock price changes.We use several types of COVID-19 patients as indicators for exploring whether stock prices are significantly affected by COVID-19’s impact.In addition,using the Chinese stock market as an example,we are particularly interested in the psychological and industrial impacts of COVID-19 on the financial market.This study makes two contributions to the literature.First,from a theoretical perspective,it shows a novel quantitative relationship between the psychological response to the pandemic and stock prices.In addition,it depicts the mechanism of the shock to the stock market by pointing out the specific functional expression of the impulse reaction.To our knowledge,this is the first theoretical calculation of the impulse of a shock to the financial market.Second,this study empirically estimates the marginal effect of the COVID-19 pandemic on fluctuations in stock market returns.By controlling for stock fundamentals,this study also estimates diverse industrial responses to pandemic stock volatility.We confirm that the COVID-19 pandemic has caused panic in the stock market,which not only depresses stock prices but also inflates volatility in daily returns.Regarding the impulse of the shock,we identify the cumulative level of the pandemic variables as well as their incremental differences.As shown by our empirical results,the terms for these differences will eventually dominate the marginal effect,which confirms the fading impulse of the shock.Finally,this study highlights some important policy implications of stock market volatility and returns to work in the industry.展开更多
文摘Under tremendous pressure, the heroine Nina of the movie Black Swan transformed from purity to complexity, from depression to release. Her attitude towards art changed from imperfection into perfection. Though she finally gets success for her perfect performance, yet she gets it at the cost of her life. From the standpoints of figurative meanings of, the four main colorsblack, white, pink, grey, this paper tries to analyze the relationship between colors, the connection of their roles, the multiple meanings of black swan and the death of black swan. A conclusion can be reached as follows: white represents purity and innocence of Nina; pink stands for her girlishness and na?ve; grey, the transitional color in movie, represents Thomas and his overwhelmingly primitive temptation; the typical representatives of black are Lily, Beth and changed Nina and it also stands for ferity, release and sexual temptation.
文摘This study presents a thorough investigation of the relationship between the coronavirus disease 2019(COVID-19)and daily stock price changes.We use several types of COVID-19 patients as indicators for exploring whether stock prices are significantly affected by COVID-19’s impact.In addition,using the Chinese stock market as an example,we are particularly interested in the psychological and industrial impacts of COVID-19 on the financial market.This study makes two contributions to the literature.First,from a theoretical perspective,it shows a novel quantitative relationship between the psychological response to the pandemic and stock prices.In addition,it depicts the mechanism of the shock to the stock market by pointing out the specific functional expression of the impulse reaction.To our knowledge,this is the first theoretical calculation of the impulse of a shock to the financial market.Second,this study empirically estimates the marginal effect of the COVID-19 pandemic on fluctuations in stock market returns.By controlling for stock fundamentals,this study also estimates diverse industrial responses to pandemic stock volatility.We confirm that the COVID-19 pandemic has caused panic in the stock market,which not only depresses stock prices but also inflates volatility in daily returns.Regarding the impulse of the shock,we identify the cumulative level of the pandemic variables as well as their incremental differences.As shown by our empirical results,the terms for these differences will eventually dominate the marginal effect,which confirms the fading impulse of the shock.Finally,this study highlights some important policy implications of stock market volatility and returns to work in the industry.
