As an exogenous risk, geopolitical risk drives oil price volatility indirectly through multiple
factors, which are ignored by most studies. This paper establishes a two-stage approach for …

The sudden and rapid spread of the novel coronavirus (COVID-19) has had a severe impact
on financial markets and economic activities all over the world. The purpose of this paper is …

This chapter aims to examine the comparative economic performance of the United States
versus China in the digital era. This chapter uses the Threshold Autoregressive (TAR) model …

World economies have experienced rise in uncertainties which has caused misalignments
in the already existing nexus between inflation and economic growth. In addition to this, the …

The purpose of this paper is to examine the effect of spatial proximity on financial contagion
during the COVID-19 outbreak. We use the daily stock index series of Asian, American, and …

The study aims to examine systemically important stock markets in the global financial
system within the scope of portfolio theory. For this purpose, we use daily stock market …

The accuracy of contagion prediction has been one of the most widely investigated and
challenging problems in economic research. Much effort has been devoted to investigating …

We employ the multivariate DCC-GARCH model to identify contagion from the USA to the
largest developed and emerging markets in the Americas during the US financial crisis. We …

Based on data from 111 Chinese banks over the 2013–2016 period, this paper estimates
the interbank bilateral lending matrix using the maximum entropy method. The estimated …

The 2016 Brexit referendum created potential turmoil in financial markets. The purpose of
this study is to examine the impact of the Brexit referendum on the return and volatility …