.... Stock markets Interdependence structure Risk spillover F37 G15 O16 With the development of economic globalization, the financial markets around the world have become increasingly interconnected, and cross-market risk contagion and spillover effects are significant (Garcia...

... Licensed re-use rights only Credit default swaps Emerging countries NARDL Asymmetry F37 G15 G17 The expansion of the credit derivatives market from $40 billion in outstanding notional value in 1996 to an estimated value of $33 trillion in 2008 demonstrates that the credit...

... Limited Licensed re-use rights only Sovereign rating Machine learning Bond rating prediction Credit rating agencies E44 F37 G15 G2 Credit rating agencies (CRAs) play a crucial role in international financial markets by providing assessments regarding the likelihood of default...