During the past two decades, financial markets across the globe have experienced sporadic waves of crashes. Such waves raise concerns about the vulnerability of global financial markets and the transmission mechanisms of shocks beyond borders. The current study examines the co-movement of stock...

Many economies in Sub-Saharan Africa have been dealing with cyclical and macroeconomic problems for a long time. These issues include fluctuating growth, high inflation, unstable exchange rates, etc., all of which are a result of changes in the price of commodities. The COVID-19 and...

We examine the impact of the global economic activity, oil supply, oil-specific consumption demand, and oil inventory demand shocks on the expected aggregate skewness of the United States (US) economy, obtained based on a data-rich environment involving 211 macroeconomic and financial variables...