How does global risk impact the world economy? In taking up this question, we focus on the dollar’s role in the …

Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of dollar …

autoregressive conditional heteroskedasticity framework for global wealth and happiness represented, respectively, by FTSE All-World … happiness significantly mitigate wealth volatility, and daily wealth returns positively affect the changes in happiness … sentiment. These findings reveal a spiral transmission in daily changes in happiness sentiment and global wealth volatility and …

for each country, and investigates the spillover effects on the country-level stock market idiosyncratic volatility across … on the country-level stock market idiosyncratic volatility. We find that that the effect of developed … idiosyncratic volatility continues when we utilize various economic, financial, and political risk factors as controls, as well as …