• The effects of disaggregate oil shocks on the aggregate expected skewness of the United States 

  Sheng, Xin; Gupta, Rangan; Ji, Qiang (MDPI, 2023-11)

  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 ...
• Energy-related uncertainty and international stock market volatility 

  Salisu, Afees A.; Ogbonna, Ahamuefula E.; Gupta, Rangan; Bouri, Elie (Elsevier, 2024-06)

  This paper predicts the daily return volatility of 28 advanced and developing stock markets using monthly metrics of the corresponding country and global energy-related uncertainty indexes (EUIs) recently proposed in the ...
• Get active now or later? The association between physical activity and risk and time preferences 

  Nicholls, Nicky; Watson, Estelle D. (Elsevier, 2024-07)

  Despite the well-established link between physical activity and positive health outcomes, much of the world’s population remains inactive. Many people don’t invest in health behaviours, such as physical activity, in the ...
• Gold and the global financial cycle 

  Salisu, Afees A.; Gupta, Rangan; Ntyikwe, Siphesihle; Demirer, Riza (American Institute of Mathematical Sciences, 2023-09-26)

  We examine the potential of gold and other precious metals as safe havens during negative market shocks caused by the Global Financial Cycle (GFCy). We analyze a vast global vector autoregressive (GVAR) model that includes ...
• Testing the relationship between housing prices and inflation in the OECD countries 

  Rufai, Aliyu Akorede; Aor, Raymond Liambee; Salisu, Afees A. (Emerald, 2024)

  PURPOSE : This study aims to construct alternative models to establish the dynamic nexus between inflation and housing prices by estimating the short- and long-run relationship between housing prices and inflation for ...
• Oil shocks and state-level stock market volatility of the United States : a GARCH-MIDAS approach 

  Salisu, Afees A.; Gupta, Rangan; Cepni, Oguzhan; Caraiani, Petre (Springer, 2024-05)

  In this paper, we employ the generalized autoregressive conditional heteroscedasticity-mixed data sampling (GARCH-MIDAS) framework to forecast the daily volatility of state-level stock returns in the United States (US) ...
• How can corporate taxes contribute to sub-Saharan Africa’s sustainable development goals (SDGs)? A case study of Vodafone 

  Hannah, Eilish; O'Hare, Bernadette; Lopez, Marisol; Murray, Stuart; Etter-Phoya, Rachel; Hall, Stephen G.; Masiya, Michael (BMC, 2023-03-20)

  BACKGROUND : The COVID-19 pandemic and the climate emergency threaten progress in reaching many of the Sustainable Development Goal (SDG) targets by 2030. The under-5 mortality and maternal mortality rates are well below ...
• Exchange rate and housing affordability in OECD countries 

  Salisu, Afees A.; Rufai, Aliyu Akorede; Nsonwu, Modestus Chidi (Emerald, 2024)

  PURPOSE : This study aims to construct alternative models to establish the dynamic relationship between exchange rates and housing affordability by estimating both the short- and long-run relationship between exchange ...
• Climate change-stock return volatility nexus in advanced economies : the role of technology shocks 

  Penzin, Dinci J.; Isah, Kazeem O.; Salisu, Afees A. (Emerald, 2024-05)

  PURPOSE : Given the systemic nature of climate change, there are many interdependencies between its primary components and feedback loops, emphasising the need to simultaneously consider the stock market implications ...
• How connected is the oil-bank network? Firm-level and high-frequency evidence 

  Zhang, Yunhan; Gabauer, David; Gupta, Rangan; Ji, Qiang (Elsevier, 2024-08)

  By introducing a new generalized forecast error variance decomposition (GFEVD) approach that splits the same into its contemporaneous and lagged components, we investigate the risk spillover effects of different order ...
• Price effects after one-day abnormal returns and crises in the stock markets 

  Plastun, Alex; Sibande, Xolani; Gupta, Rangan; Ji, Qiang (Elsevier, 2024-06)

  We investigate price effects after one-day abnormal returns during crises in US, Japanese, Chinese, Russian and Brazilian stock markets, using the ANOVA, Mann–Whitney, t-tests, the modified cumulative abnormal return ...
• Gold, platinum and the predictability of bubbles in global stock markets 

  Demirer, Riza; Gabauer, David; Gupta, Rangan; Nielsen, Joshua (Elsevier, 2024-03)

  This paper examines the predictability of bubbles across global stock markets and whether or not synchronicity in bubble formation can be predicted via metrics of market risk that are readily available. Utilizing the gold ...
• Entrepreneurial risk attitude in micro and small enterprises : evidence from urban Ethiopia 

  Abdelkerim, Araar; Awel, Yesuf; Boka, Jonse; Menkir, Hiwot; Shafi, Ajebush; Yitbarek, Eleni; Zerihun, Mulatu (Sage, 2024)

  We analyze the risk attitude of women and men entrepreneurs in the micro and small enterprises (MSEs) and investigate the factors that influence the risk attitude of MSE owners. The empirical analysis of the study consists ...
• Economic complexity, greenfield investments, and energy innovation: policy implications for sustainable development goals in newly industrialised economies 

  Bashir, Muhammad Farhan; Inglesi-Lotz, Roula; Razi, Ummara; Shahzad, Luqman (Springer, 2024-05)

  The crucial role of environmental assessment quality has been recognised by environmental and sustainable development goals in addressing climate change challenges. By focusing on the key identifier of environmental ...
• Realized stock-market volatility of the United States and the presidential approval rating 

  Gupta, Rangan; Jaichand, Yuvana; Pierdzioch, Christian; Van Eyden, Renee (MDPI, 2023-07)

  Studying the question of whether macroeconomic predictors play a role in forecasting stock-market volatility has a long and significant tradition in the empirical finance literature. We went beyond the earlier literature ...
• Drivers of realized volatility for emerging countries with a focus on South Africa : fundamentals versus sentiment 

  Gupta, Rangan; Nel, Jacobus; Pierdzioch, Christian (MDPI, 2023-03)

  We use a quantile machine learning (random forests) approach to analyse the predictive ability of newspapers-based macroeconomic attention indexes (MAIs) on eight major fundamentals of the United States on the realized ...
• Climate risks and forecasting stock market returns in advanced economies over a century 

  Balcilar, Mehmet; Gabauer, David; Gupta, Rangan; Pierdzioch, Christian (MDPI, 2023-04)

  In this study, we contribute to the rapidly growing climate-finance literature by shedding light on the question of whether climate risks have predictive value for stock market returns. We measure climate risks in terms ...
• Technology shocks and the efficiency of equity markets in the developed and emerging economies : a global VAR approach 

  Hammed, Yinka S.; Salisu, Afees A. (MDPI, 2023-02)

  We tested the connection between technology shocks and the efficiency of equity markets in developed and emerging economies. We augmented the Global Vector Autoregressive (GVAR) database that covers data on 33 developed ...
• Climate shocks and wealth inequality in the UK : evidence from monthly data 

  Sheng, Xin; Chisadza, Carolyn; Gupta, Rangan; Pierdzioch, Christian (Springer, 2023-07)

  This paper investigates both the linear and nonlinear effects of climate risk shocks on wealth inequality in the UK using the local projections (LPs) method, based on high-frequency, i.e., monthly data. The linear results ...
• Giant oil discoveries and conflicts 

  Chisadza, Carolyn; Clance, M.W. (Matthew); Gupta, Rangan; Wohar, Mark (Springer, 2024-06)

  This study investigates the effects of oil discoveries on conflict. We propose that the effects from oil discoveries may differ depending on types of conflicts, mainly interstate versus intrastate. Using a measure for ...

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