The Impact of the COVID-19 Pandemic on Financial Investment Risk Preferences: A Regression Analysis

DOI

10.2991/978-94-6463-702-1_54How to use a DOI?

Keywords

COVID-19; financial risk preferences; borrowing behavior; regression analysis; FICO scores; pandemic

Abstract

This paper employs a OLS regression analysis to investigate the impact of the pandemic on financial investment risk preferences, focusing on borrowing trends and credit behaviors in the U.S. Using data from five key U.S. states (California, Texas, New York, Florida, Illinois), we analyze how changes in COVID-19 case numbers influenced borrowing amounts and interest rates. Our findings reveal that heightened pandemic-related uncertainty led to increased borrowing and shifts toward conservative financial strategies, with credit scores playing a pivotal role in securing favorable loan terms.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jiaming Chen
PY  - 2025
DA  - 2025/05/05
TI  - The Impact of the COVID-19 Pandemic on Financial Investment Risk Preferences: A Regression Analysis
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 514
EP  - 522
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_54
DO  - 10.2991/978-94-6463-702-1_54
ID  - Chen2025
ER  -