Motivation: The relationship between the level of education and population income lies at the heart of current scientific and political debates on the social and economic development of countries. The issue is an important one, as the gap between countries in this regard is large and has widened...

This paper evaluates an Adaptive LASSO-MGARCH model for multivariate volatility forecasting, with an application to green and conventional bonds, equities, energy commodities, and EU carbon allowances. By introducing coefficient-specific adaptive penalisation directly into the multivariate GARCH...

Disaggregation of mortality by cause has advanced the development of life tables for life insurance and pension purposes. However, the assumption that the causes of death are independent is a challenge in reality. Furthermore, models that determine relationships among causes of death such as...

Examining the persistence of volatility transmission over an extended timeframe, regardless of specific events, reveals significant importance, as it uncovers the inherent fundamental and structural drivers that give rise to volatility. However, previous research in South Asia is minimal and has...