This paper explores the impact of economic uncertainty, measured by the Twitter-based economic uncertainty index, on the global Metaverse stocks under different time-frequency domains. The Wavelet Local Multiple Correlation analyses show a strong correlation between Twitter-based economic...

This study is the first to explore the volatility connectedness between the most popular Metaverse stock index and financial markets under bearish, normal, and boom market conditions. The NASDAQ index is the leading net transmitter of spillovers to the Metaverse stock index. The results also...