Modeling futures market risk simultaneously influenced by macro low-frequency information and daily risk factors is a valuable challenge. We propose a new general framework for it based on the flexible GARCH-MIDAS model. It uses a skewed t distribution to describe the asymmetry of long and short...

Effectively improving the green innovation efficiency (GIE) in manufacturing is an important way to break through environmental and energy constraints. This study explored multiple mechanisms of carbon trading in GIE using a sample of A-share listed manufacturing enterprises in China from 2015...