Abstract
Using Google’s recently introduced COVID-19 Community Mobility Reports, we test the effects of stay-at-home activity on the US stock market outcomes. We argue that shocks to residential and workplaces mobility reflect stay-at-home activity and capture shocks to retail investor inattention and attention, respectively. Our results suggest that stay-at-home activity explains returns to the momentum and several other anomalies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
