Are gold-backed cryptocurrencies as stable as gold during crises? In this paper, we assess whether gold-backed stablecoins, purported to be safer than other cryptocurrencies indeed demonstrate safe haven characteristics during the COVID-19 pandemic. In the digital assets’ ecosystem,...

We analyse the impact of the COVID-19 pandemic on spillover between conventional and Islamic stock and bond markets. We further analyse comparatively whether gold, oil, and Bitcoin prices, VIX and EPU index affect the relationships between these markets during the COVID-19 pandemic. The results...

In this paper, we analyze the connectedness between the recent spread of COVID-19, oil price volatility shock, the stock market, geopolitical risk and economic policy uncertainty in the US within a time-frequency framework. The coherence wavelet method and the wavelet-based Granger causality...

The paper investigates the impact of human capital efficiency (HCE) on equity funds' performance during three stages of the COVID-19 pandemic. We collected data for 799 open-ended equity funds across five EU countries and ranked them in five categories of HCE and compare their risk-adjusted...