This paper examines the impact of vaccination programs on the stock market volatility of the travel and leisure sector. Using daily data from 56 countries over the period from January 2020 to March 2021, we find that vaccination leads to a decrease in the investment risk of travel and leisure...

The COVID-19 pandemic has elevated both the risk and volatility of energy companies. Can mass vaccinations restore stability within this sector? To answer this question, we investigate stock market data from fifty-eight countries from January 2020 to April 2021. We document that vaccination...

This study examines the main driving forces affecting short- and long-term CO2 emissions pattern due to changes in growth and income inequality for 11 Mediterranean economies over the period 1990-2012. It proposes an autoregressive dynamic distributive lag dynamic panel specification to (i) test...