This study examines the long run impacts of equity market volatility on index returns of nine major international stock exchanges in the Western and Asian regions. This study employs the text-based Economic Market Volatility (EMV) index to measure the degree of uncertainty in the U.S. stock...

This paper analyzes the conditional correlations between the stock market returns of countries that are members of the Gulf Cooperation Council (GCC). The innovative aspects of the paper consist of focusing on three volatility indices: the oil (OVX), gold (GVZ), and S&P500 (VIX) markets...

Purpose: The question being assessed is whether changes in the degree of global geopolitical risk (GPR), as defined by the framework developed by Iacoviello (2018), can be used to improve allocative efficiency, thereby increasing investment returns on oil commodities....

Purpose: This paper aims to investigate the transmission of international oil prices to the stock market indices of the Gulf Cooperation Council (GCC) countries over the weekly period from April 07, 2004, to August 15, 2018. Design/methodology/approach: The authors use the augmented...