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content analysis to present a model of ISWFs in comparison of conventional SWFs. Findings The authors propose a model of the …
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The study investigates the tail-risk spillover between the markets for sukuk and conventional bonds across fifteen countries between 2016 and 2023. First, we estimate a time varying parameter-value at risk (TVP-VAR)-based frequency connectedness model to measure the total, short-, and long-term...
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