@article{88ac9f9e4a484d8099ebcde8b896fa0d,
title = "Do Stock Markets Catch the Flu?",
author = "McTier, {Brian C.} and Yiuman Tse and Wald, {John K.}",
note = "We examine the impact of influenza on stock markets. For the United States, a higher incidence of flu is associated with decreased trading, decreased volatility, decreased returns, and higher bid-ask spreads. Consistent with the flu affecting institutional investors and market makers, the decrease in trading activity and volatility is primarily driven by the incidence of influenza in the greater New York City area.",
year = "2013",
month = jun,
day = "1",
doi = "10.1017/S0022109013000239",
language = "American English",
volume = "48",
journal = "Journal of Financial and Quantitative Analysis",
}