The interplay between climate policy uncertainty and stock market performance has
emerged as a pressing research question in light of the challenges posed by climate change …

Using mostly theoretical models and traditional risk/uncertainty measures (VIX index, panic,
precaution, scary bad news, etc.), the current literature tries to clarify the risk/uncertainty …

Recently a group of non-bank financial institutions, known as the shadow banks, has
developed beside the traditional commercial banking sector in the US. Based on the …

The IMF reports that, over 60% of foreign trade income and 40% of government revenue of
Iran comes from the oil and gas sectors, which has always been a source of volatilities in the …

This paper employs linear and nonlinear causality tests to examine (for the first time) the
dynamic relation between broker-dealer leverage and the stock market in the United States …

This paper measures China's daily and monthly climate policy uncertainty (CPU) from Jan
2000 to Mar 2022 based on Chinese news data for the first time. Then, the nonlinear and lag …

Purpose Broker-dealer leverage volatility increases during booms and crisis periods, but its
impact on stock prices is relatively unexplored. This paper aims to investigate whether …