The paper considers the problem of volatility co-movement, namely as to whether two financial returns have perfectly correlated common volatility process, in the framework of multivariate stochastic volatility models and proposes a test which checks the volatility co-movement. The proposed test...

In recent years, some countries are facing the problem of energy security. Energy security is an important factor affecting the national economy and environment. There are many investigations about energy security, but few of them are bibliometric analysis, including co-citation analysis, hot...

Using data from 20 OECD countries, we find that firms with greater organization capital have significantly higher stock returns and that this represents an international phenomenon. We also find new evidence that the positive association between organization capital and stock returns increases...

The international crude oil maritime transportation system has always been disturbed by the external environment and its own mechanism of supply and demand, which can sometimes last for a long time. BDTI (Baltic Exchange Dirty Tanker Index) is one of the most typical indexes in the crude oil...