UC Irvine Impact of Covid-19 to The Economy Research Paper I have an economic writing course and there is a project about covid19. The proposal/formula/reg

UC Irvine Impact of Covid-19 to The Economy Research Paper I have an economic writing course and there is a project about covid19. The proposal/formula/regression model had finished. We need to find the data and put it into the formula and make it works.”You should download the data that you need to answer your research question and decide the Regression you are going to run. Then you can write and upload drafts for the Data Section and the Regression section by next week” Running Head: IMPACT OF COVID-19 TO THE ECONOMY RESEARCH PROPOSAL
Impact of Covid-19 To The Economy Research Proposal
Institutional Affiliation
Date
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IMPACT OF COVID-19 TO THE ECONOMY RESEARCH PROPOSAL
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Today, as the novel Covid-19 tears through the biggest cities of America, its grievous
impact is being experienced far beyond the Millions of Americans who have been confirmed
infected. The lockdowns and quarantines that are required to fight the spread of the virus are
evidently freezing the country’s economy, besides, with exceptional speed and force. The stock
market recently has sunk a quarter from its peak on the previous month, obliterating three years
of successful gains.
The main research question
Covid-19 has taken a toll on the U.S and the Universal economy. Throughout history, the
U.S markets ultimately ended their top bull market amid coronavirus qualms. Well, this research
paper will address the following research question:
1. The effects of Covid-19 to the U.S economy and the stock markets.
What data you are going to use
Since consumers play a key role in the U.S economy, their viewpoint and prospects are
prone to be vital for understanding the economy and stock markets’ response to the epidemic.
Therefore within this research paper, we will use different data presented in the Stock Returns,
the John Hopkins University Data, GitHub dataset. We will alternatively use Social media
reports, Google trends, and attention about Covid-19 reports to gather our information.
What regression you plan to run
R t^sp500= β0 + β1 (Covid-19t) + εt
R t ²=2+ βR t^sp500+ y Covid-19 t + εt
IMPACT OF COVID-19 TO THE ECONOMY RESEARCH PROPOSAL
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This will practically determine the level of Covid-19 throughout the United States, its
daily changing patterns, and its growth across the country.
What results you expect
The proposed methodology will assist in the evaluation of the main epidemiological
parameters in addition to the forecasting of the possible spread of the Covid-19 and the potential
harm that it can cause to the economy and stock market through the use of the available data.
Therefore this can make it easier for determining the best mitigation process that can be initiated.

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