The purpose of this study is to examine the role of options volatility and bid-ask spread as microstructural variables in determining whether the foreign exchange market’s price formation process in response to macroeconomic announcements is characterised by changes in risk perception and...

This study investigates the relationship between central bank independence and financial stability in a global sample covering 56 countries from 1980 to 2012. We find strong and robust evidence that central bank independence and its four dimensions (personnel independence, financial...

This study investigates the asymmetric shock transmission mechanisms between seven large cryptocurrencies and crude oil at different market conditions across time. Wavelet technique was used to decompose the daily return series of the assets into wavelet scales to capture trading horizons. We...

Like no other calamitous event in recent memory, the COVID-19 pandemic has plunged the world’s financial system into disarray, triggering systemic risk spillovers across markets. In this study, we use 5-minute index futures price data to examine the multiscale interdependence structure of...

We investigate the asymmetric nonlinear link between foreign direct investment, oil prices, and CO2 emissions for the Gulf Cooperation Council nations, using foreign direct investment and oil price data. As foreign direct investment is positively associated with carbon emissions in the long run...

1. Introduction: Setting the Stage -- 2. The Influx Unveiled: Demographics, Impact, and Initial Responses to the Syrian Refugee Crisis in Lebanon -- 3. Economic Shifts and Shocks: Evaluating GDP and Sectoral Impacts of the Syrian Refugee Crisis in Lebanon -- 4. Labour Market Dynamics and...

This book explains how Amsterdam financiers played a much more important role in financing the Louisiana Cession than they are credited for. Drawing on hitherto overlooked Dutch archival sources, alongside American, French and British archival sources, this book shows that in 1803 the...

Chapter 1. Introduction -- Chapter 2. Greece -- Chapter 3. Italy -- Chapter 4. United Kingdom -- Chapter 5. France -- Chapter 6. Germany -- Chapter 7. Romania -- Chapter 8. Hungary -- Chapter 9. Czech Republic -- Chapter 10. Estonia -- Chapter 11. Slovenia -- Chapter 12. Lithuania -- Chapter 13....