Chatzivgeri, Eleni; Johan, Sofia; Lawal, Rodiat; … - 2023
volatility in the United States significantly transmit to the UK and the Euro area. Although the volatility in the UK has little … effect on the Euro area, the volatility from the latter cascades to the UK significantly. Our findings are robust having … behavioural biases on asset prices. Specifically, we account for leverage, thresholds, and structural heterogeneity in the …