This paper is motivated from previous work in the area of bank interest rate and dividend policy, and we went further to figure out whether there is any association between interest rate changes and the stock market's reaction to dividend announcements. To conduct this research paper, we used 61...

This study examines the dynamics of lead-lag and comovements between geopolitical risk and African stocks using daily data from February 2022 to July 2022. By employing the squared wavelet coherence and wavelet coherence phase difference under the bi-wavelet econometric framework, we report that...

The paper aims to analyse the drivers of changes in European equity tail risk. For this purpose, the paper uses a panel data model with fixed effects based on five explanatory variables including the VIX, the variance risk premium (VRP), the one-year lagged slope of the riskless term-structure,...