This paper applies a DCC-GARCH-VIRF model to examine the connectedness across climate policy uncertainty, energy price, and carbon emission allowance (CEA) price under unprecedented disruptions like the Russia-Ukraine conflict and the ensuing sanctions. An asymmetric DCC-MGARCH model is used for...

This paper applies the DCC-GARCH-VIRF model to examine the connectedness across the climate policy uncertainty, the energy price, and the carbon emission allowance (CEA) price under the unprecedented shocks to the global energy stability like the Russia-Ukraine conflict and the multiple...

The report of the 20th National Congress of the Communist Party of China strongly emphasized the necessity to increase financial system stability and secure the equipment manufacturing sector. This paper devotes to provide a highly efficient dynamic strategy against the risk contagion across...