Dynamic Dependence and Hedging of Stock Markets: Evidence From Time-Varying Copula With Asymmetric Markovian Models

J Wang, MC Zhou, X Guo, X Wang… - IEEE Transactions on …, 2024 - ieeexplore.ieee.org
To study the asymmetric jump behaviors of the stock markets, we propose a novel
autoregressive conditional jump intensity (ARJI)—generalized autoregressive conditional …

Credit risk contagion in complex companies network–Empirical research based on listed agricultural companies

W Zhang, J Wang - Economic Analysis and Policy, 2024 - Elsevier
This study investigates credit risk contagion among listed agricultural companies using data
from China's A-share market from 2002 to 2021, examining credit risk contagion …

Compounding Money and Nominal Price Illusions

MO Caglayan, D Duarte, VF Duarte… - Management …, 2024 - pubsonline.informs.org
We develop a general equilibrium model in which investors simultaneously experience
money and nominal price illusions. We show that the combined effects of these illusions …