Economic Policy Uncertainty and Sectoral Trading Volume in the U.S. Stock Market: Evidence from the COVID-19 Crisis

Figure 6

The wavelet coherence and phase plots between the +EPU index and MATV for five sectors (industrials, information technology, materials, real estate, and utilities). (a) EPU and industrials. (b) EPU and information technology. (c) EPU and materials. (d) EPU and real estate. (e) EPU and utilities.

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