Dear AIB members, Critical Letters in Economics & Finance is the TUDublin (Technological University Dublin) new Journal in the field of Economics and Finance. Today, we have launched the journal and we have published our first paper. Colleagues work is welcome to be considered in this double-blind review journal that seeks to bring a new approach to the way that we communicate and engage with current research topics in the fields of economics and finance. We are encouraging researchers to share their work with the specialist and non-specialist community by communicating their research in an innovative way to the wider public. The first paper published in CLEF is authored by the Editor in Chief of the Journal looking at current financial markets dynamics as a result of the Coronavirus pandemic. Please, see details below. We are looking forward to your submissions to this new journal and at the moment we are encouraging submissions that examine the effects of COVID-19 in the context of Economics and Finance. We encourage submissions of any study that consider global, regional and local implications Kind regards, Lucía Morales (CLEF - Editor in Chief) "Covid19: Global Stock Markets "Black Swan"" - https://arrow.tudublin.ie/clef/ Critical Letters in Economics & Finance Covid19: Global Stock Markets "Black Swan" Lucia Morales, Technological University Dublin Bernadette Andreosso-O'Callaghan, University of Limerick Abstract Global financial markets have entered a state of collective hysteria triggered by the Coronavirus (Covid-19) detected in Wuhan, China in December 2019 suggesting that Covid-19 is a financial market "black swan" event. The impact of Covid-19 on the world's leading stock markets is examined with the help of spectral causality and the well-known Granger causality model. The core research findings indicate that markets did not react to volatility levels exhibited by the Shanghai stock market, with China being identified as the epicentre of the virus outbreak. Markets awoke to the virus global threat when Italy registered its first cases, with the Italian stock market being the one that activated European fears. Global uncertainty escalated to reach a global financial dimension with global markets entering in free fall by the end of February 2020 due to the lack of active and coordinated responses from politicians and monetary authorities. ____ AIB-L is brought to you by the Academy of International Business. For information: http://aib.msu.edu/community/aib-l.asp To post message: [log in to unmask]<mailto:[log in to unmask]> For assistance: [log in to unmask]<mailto:[log in to unmask]> AIB-L is a moderated list. This email originated from TU Dublin. If you received this email in error, please delete it from your system. Please note that if you are not the named addressee, disclosing, copying, distributing or taking any action based on the contents of this email or attachments is prohibited. Is ó OT Baile Átha Cliath a tháinig an ríomhphost seo. Má fuair tú an ríomhphost seo trí earráid, scrios de do chóras é le do thoil. Tabhair ar aird, mura tú an seolaí ainmnithe, go bhfuil dianchosc ar aon nochtadh, aon chóipeáil, aon dáileadh nó ar aon ghníomh a dhéanfar bunaithe ar an ábhar atá sa ríomhphost nó sna hiatáin seo. ____ AIB-L is brought to you by the Academy of International Business. For information: http://aib.msu.edu/community/aib-l.asp To post message: [log in to unmask] For assistance: [log in to unmask] AIB-L is a moderated list.