Regulatory and Legal Framework for Promoting Green Digital Finance -- Current State of Green Digital Financing and the Associated Challenges -- Assessing the Risks Associated with Green Digital Finance and Policies for Coping with Them -- Role of Governments in Enhancing Green Digital Finance...

Over millennia, mankind has used hard cash in various forms ranging from shells to gold coins and paper. More recently, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via negative interest rates) or to survey and potentially...

This paper analyzes volatility spillovers in multivariate GARCH-type models. We show that the cross-effects between the conditional variances determine the persistence of the transmitted volatility innovations. In particular, the influence of a foreign volatility innovation on a conditional...