Purpose: This study aims to investigate the nature and degree of US economic policy uncertainty spillover on the stock markets of a group of non-conventional economies like the Gulf Cooperation Council (GCC) countries, where a risk-sharing-based financial system is prominent and foreign...

Purpose: The purpose of this paper is to investigate the possible asymmetric response of inflation expectations to oil price and policy uncertainty shocks. Design/methodology/approach: The authors used the test of asymmetric impulse responses proposed by Kilian and Vigfusson (2011) to explore...