In this paper, we investigate the connection between global economic contraction using two different measures, and the return volatility of gold while the GARCH-MIDAS framework is utilized. The utilization of this framework is hinged on its accommodation of data in different frequencies in the...

We investigate the influence of US quality of political signals (USQPOLS) on advanced and emerging markets using the Global Vector Autoregressive (GVAR) model that also accommodates the macroeconomic conditions of the shock recipient markets. We show an immediate negative impact on the equity...