This study attempts to re-examine the diversification, safe haven and hedge properties of traditional (oil and gold) and modern (Bitcoin and Ethereum) financial assets adduced as a diversifier, a hedge and a safe haven for equity investments in the G7 economies under different market conditions....

BRICS (Brazil, Russia, India, China and South Africa) are viewed currently as pillars of relative political, economic and financial stability, with the prospect of a major shift in future world power. The paper aims at investigating the relationships among the economic, financial and political...

This study is an endeavour to analyse the influence of oil price shocks on the macroeconomy of the Gulf Cooperation Council(GCC) member countries (Bahrain, Kuwait, KSA, Oman, Qatar and UAE). By employing a structural Vector auto-regression(SVAR) model for period 1980–2016, our key findings...

This paper examines the effects of China’s monetary policy on global commodity prices over the quarterly period 1990:1-2021:4. Using a Bayesian Structural VAR model, we identify shocks to the interest rate as a price rule and the monetary aggregate (M2) as a quantity rule in China and evaluate...

We study the effect of overall globalization on economic growth in a neoclassical macroeconomic growth model. We further assess our model by considering the decomposed measures of globalization including economic, political and social globalization components. To this end, weestimate panel data...

This paper examines the connectedness network among 27 NATO stock markets, Russian stock market and a set of three commodity indices (energy, precious metals and agricultural commodities) over the period 2006–2022. The empirical results reveal that the connectedness structure has shifted...