Although it is a relative old concept, having ruts in the writings of the late „60s, globalization has become in current times a cliché, being used in many parts of the world and in many languages but not having a specific definition. Financial globalization is considered to be the core...

Panel data analysis is becoming increasingly popular in shipping markets since it enables the employment of a wider source of variation which allows a more efficient estimation of a model’s parameters. This study applies an econometric analysis on a balanced panel data set of tankers’...

Socio-ecological transitions are a main project, current EU policies, national environmental politics, and regional as well as local action address. Manifold approaches exist and the European Union is anxious to coordinate and facilitate the process of a consolidated transition. Therefore, a...

This short paper introduces a new database combining data on international trade, Foreign Direct Investment, and regional trade agreements. The bilateral data covers 1980-2010 and includes gravity model variables and is appropriate for empirical analysis in a wide variety of contexts.

We employ a wavelet approach and conduct a time-frequency analysis of dynamic correlations between pairs of key traded assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily data. We show that heterogeneity in correlations...

We sketch a framework for monitoring macroeconomic activity in real-time and push it in new directions. In particular, we focus not only on real activity, which has received most attention to date, but also on inflation and its interaction with real activity. As for the recent recession, we find...

This structured keyword-based literature review analyses the quantification of climate risks and their impact on financial markets and economic influences. Through an extensive examination of existing research, we extract core statements, critical success and risk factors, applied datasets,...

This paper establishes the long run association between gross domestic product (GDP) and gross fixed capital formation (GFCF) with carbon emission (CE) in BRICS-4 countries and USA. To empirically estimate the long run cointegration and to check the validity of EKC hypothesis, the novel...

The objective of this paper was to analyse the relationship between inflation and economic growth in Burundi and to determine whether there is an inflation threshold or not to allow monetary authority to adopt the optimal policies to deal with shocks. With annual data from 1990 to 2020, the ARDL...

The aim of this study is to investigate the effect of oil price, US Dollar rate and VIX on Borsa Istanbul by employing quantile regression model. In the literature, there are studies that examine the effect of the mentioned factors on stock market, but the number of studies in which these...