The renewable energy sector has accomplished remarkable growth rates over the last decade. This paper examines the dynamics of excess returns for the WilderHill New Energy Global Innovation index, which lists firms in the renewable energy sector and is used as a global benchmark. We propose a...

Mixed and outdated natural gas price convergence results have caused confusion among analysts and strongly call for a comprehensive revision of the topic. The issue has been exacerbated with the recent rampant increase in LNG trade and the emergence of new gas spot trading hubs. Filling the gap,...

The research presented in this paper studies the relationship between energy consumption and income for a panel of Asian economies. The Asian economies represent a dynamic, diverse, and interesting set of countries on which to base an examination of these relationships and the tendencies for...

This research takes the analysis of the relationship between energy and income in a different direction than prior research, and it introduces a new set of analytical tools to the area. The results of our research are important because they raise additional questions about the effectiveness of...

We present a new model to evaluate the volatility of futures returns. The model is a combination of Dynamic Conditional Correlation and an augmented EGARCH, which allows us to evaluate the differential effects of the trading activity of two classes of optimizing traders. We apply the model to...