This survey starts by reviewing the literature investigating whether political connectedness of
companies creates wealth for their shareholders. It then moves on to examine whether there …

This study characterizes the oil market as a nonlinear-switching phenomenon and examines
its dynamics in response to changes in geopolitical risks over low-and high-risk scenarios …

The main purpose of this paper is to examine the relationship between the US stock market
and the gold price in the presence of geopolitical tensions and conflicts by introducing the …

Markets are invariably influenced and affected not only by the usual array of economic and
financial factors, but also by uncertainty inducing shocks. Using monthly stock and oil data …

This paper investigates the nonlinear Granger causality and spillover effects among
geopolitical risk, crude oil and Chinese disaggregated sectoral stock markets by using a …

This paper aims to explore the impact of war attention on stock volatility predictability by
constructing a new war attention index and employing an extended GARCH-MIDAS-ES …

We analyze initial public offering (IPO) activity under political uncertainty surrounding
gubernatorial elections in the United States. There are fewer IPOs originating from a state …

This paper uses bivariate quantile causality nonparametric test and wavelet coherence to
analyze the impacts of geopolitical risks and global economic policy uncertainty on global oil …

We examine how local and global political risks affect industry return volatility. Our central
premise is that some industries are more sensitive to political events than others. We find …

This study provides empirical support for theoretical models that allow for time-varying rare
disaster risk. Using a database of 447 international political crises during the period 1918 …