Previous studies have examined the connectedness between Chinese and ASEAN stock markets using an average-based measure. However, none have analyzed the connectedness between Chinese and ASEAN stock markets at extreme upper and lower quantiles. This study addresses this gap by estimating...

In this paper, we use a bivariate VAR-asymmetric-BEKK-GARCH model to examine returns, asymmetric volatility spillovers, and time-varying correlations among GCC stock markets (Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain) and five global factors (Islamic stocks, oil, gold, bonds, and real...

In this paper we examine the impact of the breakout of the conflict between Russia and Ukraine on the G20 and other selected stock markets using the event study approach. The analysis of the abnormal returns (AR) before and after the launch of the ‘special military operation’ by Russian...

This study aims to investigate the impact of banking-sector concentration on the banks' liquidity creation in GCC countries over the period from 2012 to 2018 by using a dynamic GMM panel procedure. The results suggest that increased bank competition reduces banks' liquidity creation across the...

The global financial crisis unveiled that inadequate analysis of risk can annihilate the financial system and repercussions can encompass the whole economy. Pakistan is one of the developing economies that has experienced robust growth in the banking sector. This hard earned growth can only be...

Purpose - The authors aim to examine the mean and volatility linkages between the gold market and the Latin American equity markets in the entire sample period and two crises periods, namely the US financial crisis and the Chinese crash. Design/methodology/approach - To examine the return and...