This paper investigates the impact of abnormal temperature on the Chinese disaggregated sectoral stock markets, including manufacturing, energy, transportation, agriculture, environmental and financial sectors. The panel quantile regressions show that abnormal temperature reduces stock returns,...

This paper employs the quantile autoregressive (QAR) model to examine the forecasting relationship between stock volatility and crude oil volatility. We firstly employ the sup-Wald test to evaluate Granger causality across various quantile levels, which provides valuable information in...