The Russia-Ukraine military conflict, commencing on February 24, 2022, notably impacted the international community. This study aims to quantify the volatility engendered by the conflict, drawing from the analysis of stock market indices across 40 countries. Time-series returns data from January...

It is well known that the volatility spillover increases when a large economic shock occurs, and then the volatility spillover pattern in the market changes. Accordingly, many papers note that clarifying the time-varying pattern of volatility transmission in domestic and international markets is...

This study empirically addresses claims about the effects of strikes on output growth, inflation, and non-agricultural employment in South Africa using a structural analysis of Bayesian VAR models with a Normal inverted Wishart prior for the period 1982-2018. We find empirical support for a...

Examining the extent of exchange rate pass-through (ERPT) to domestic prices has substantial significance for policymaking given the ongoing devaluation of the Ethiopian currency. This study aimed to investigate the impact of exchange rate pass-through (ERPT) on domestic prices in Ethiopia...

This empirical work aims to determine whether the government expenditure shocks on consumption have impacts on macroeconomic factors. This study prepares four quarterly period datasets associated with macroeconomic activities in Indonesia with 24 data started in 2017 until 2022, such as...