A well-documented finding is that explicitly using jumps cannot efficiently enhance the predictability of crude oil price volatility. To address this issue, we find a phenomenon, "momentum of jumps" (MoJ), that the predictive ability of the jump component is persistent when forecasting the oil...

To investigate the impact of Green Digital Finance (GDF) policies on sustainable regional development goals, this study exploits the implementation of China's green fnance reform and innovation pilot zones as a quasi-natural experiment to examine the theory and impact of policy channels on...