... distribution Generalised autoregressive score G15 G16 C32 Funding: This research did not receive any specific grant from funding agencies in the public, commercial, or not-for-profit sectors. Diversification allows investors to minimise risks by selecting assets...

... Structural equations System-wide connectedness Systemic risk C32 C51 C58 E44 F31 G15 Funding: The authors received no specific funding for this work. The seminal work of King and Wadhwani (1990) argues that shocks transmit in stock markets because rational agents infer...

... the investor yield-chasing hypothesis. Tong Yao can be contacted at: tong-yao@uiowa.edu Corporate bonds Liquidity premium Yield-chasing Retail investors G12 G14 G15 G18 Default, liquidity and tax are considered major determinants of yield spreads of risky bonds. Empirically...

... financial network Chinese stock sectors Collective risk resonance Sectoral resilience G15 C32 National Social Science Fund of China 23BTJ043 http://dx.doi.org/10.13039/501100012456 Postgraduate Scientific Research and Innovation Project of Hunan Province CX20250827...

... 21 08 2024 05 02 2025 10 04 2025 © Emerald Publishing Limited 2025 Emerald Publishing Limited Licensed re-use rights only Non-fungible tokens Quantile Financial markets connectedness Extreme risk spillover C32 C58 G15 The rapid emergence of Non-Fungible...

... be contacted at: imenakhemakhem@yahoo.fr 12 09 2024 10 04 2025 13 05 2025 © Emerald Publishing Limited 2025 Emerald Publishing Limited Licensed re-use rights only Israeli–Hamas conflict Volatility transmission Global financial markets Commodity markets G15 G11 G01...

... BRICS markets G15 G18 G41 G32 Financial markets are the backbone of global economic activity and serve as essential channels for resource allocation, risk-sharing, and economic growth. However, the complexity and volatility inherent in these markets often undermine their stability...

... and protection, and more developed financial markets, tend to show less severe “fourth quarter effect”. © Emerald Publishing Limited 2023 Emerald Publishing Limited Licensed re-use rights only Internal capital market Agency theory International fourth quarter investment G15 G30 G31...

... re-use rights only COVID-19 pandemic Bank systemic risk Conditional value-at-risk Marginal expected shortfall Cross-country evidence G01 G15 G21 Bank i's contribution to systemic risk is: (5) X t s = α s | i + β s | i X t i + γ s...

... becomes insignificant during the period of COVID-19. Thomas C. Chiang can be contacted at: chiangtc@drexel.edu Gold price Silver price Inflation Economic policy uncertainty Geopolitical risk Safe-haven D81 F31 G12 G15 Gold has been widely held by Chinese residents not only...

... Publishing Limited Licensed re-use rights only Urban vibrancy Tobin's q Geographic valuation premium Human capital E24 G10 G12 G15 J24 The determinants of firm valuation have been one of the central topics in finance research on China stock markets. While traditional...

... Emerald Publishing Limited Licensed re-use rights only Performance Scaled momentum strategies Volatility Investment horizon Persistence G10 G12 G15 In this section, we analyze the performance of the scaled strategies in comparison to the momentum strategy. In Table 3...

... Publishing Limited Licensed re-use rights only Stock–bond return correlation Stock-gold return correlation Downside risk Economic policy uncertainty Geopolitical risk Safe haven G10 G11 G14 G15 This paper investigates the impact of changes in economic policy uncertainty...

... Limited 2020 Emerald Publishing Limited Licensed re-use rights only Realized volatility Volatility forecasting HAR model Trading behavior Equity futures G13 G15 G17 In this paper, we examine whether the high frequency measure of order flow imbalance (OI), which is constructed...

...-use rights only Downside risk Chinese stock market Economic policy uncertainty G11 G12 G15 It is well recognized that sudden changes in economic policy uncertainty (EPU) will produce harmful effects on macroeconomic activity and cause financial market instability (Bloom, 2009...

... fiat currencies from 23 Bitcoin exchanges. Day-of-the-week effect Bitcoin return Currencies Rolling window G14 G15 The day-of-the-week effect, which is known as one of the calendar anomalies in financial markets, refers to the fact that returns are different on specific weekdays...

... volatility FOMC Risk-neutral density Target rates G10 G15 The monetary policy decisions of central banks are well recognized to have strong influence on price movements in the financial market. The decisions are announced on known and scheduled dates; however, market participants do...

... or face higher liquidity costs. © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Emerging markets Foreign ownership Execution costs Investability G11 G15 We examine the cross-sectional relationship between a firm’s stock market...

... Hong Kong, Taiwan and Macao Foreign direct investment Exports Lateral direct investment Time-varying causality Vertical direct investment C32 F14 G15 This study aims to test the causal link between foreign direct investment (FDI) and exports in China and to determine...

...: Hua Wang can be contacted at: wanghua_bisf@126.com © Emerald Group Publishing Limited 2016 Exchange rate volatility Effective exchange rate Spatial effects G22 G15 N25 The exchange rate has essential effects on import and export trades. The People’s Bank of China (PBOC) has...