This article undertakes a literature review on the topic of market integration, covering over 380 articles from the 1980s to 2024. The review consists of a qualitative analysis for context and a quantitative analysis for content, identifying key rese...
In 2009, when the effects of the economic crisis were fully felt, countries around the world experienced negative impacts, starting from the USA, where the crisis began, through Europe to Asia. Economic cycles, fluctuations, and crises are a common p...
This paper analyses the integration of financial market supervision at international level, particularly focusing on EU law and the actual processes taking place in this area considering Brexit as its part. Current legislative action at EU level has...
The primary objective of this study is to examine the extent of financial integration between Latin American and US financial markets, particularly in light of recent efforts to foster integration through trade agreements. Spanning from 1 January 199...
In this study, we explore the financial and economic integration of BRICS nations (Brazil, Russia, India, China, and South Africa) and key emerging economies (Egypt, Saudi Arabia, and the UAE) using graph theory, aiming to map intersectoral connectio...
The increasing complexity of sustainable development amid financial market regulations has increased the importance of high-quality datasets. However, there is a lack of an integrated approach combining green-finance metrics with the requisite data o...
This study analyzes the determinants of stock market co-movement between Pakistan and Asian emerging economies for the period 2001 to 2015. Augmented Dickey and Fuller (ADF) and Philips-Perron (PP) tests are applied to check co-integration between th...
This study explores the relationship between electricity consumption and financial development in 20 emerging market economies (EMEs) from 2000 to 2020. Employing the panel ARDL–PMG estimator and a two-step system GMM to address endogeneity, we...
This paper examines Bitcoin’s viability as money through the lens of its risk profile, with a particular focus on its store of value function. We employ a suite of wavelet techniques, including Wavelet Transform (WT), Wavelet Transform Coherenc...
China’s “carbon peak and neutrality” policy has thrust the convergence of corporate ecological conservation and economic progress to the forefront of sustainable development. This study, aiming to tackle the “sustainability ch...
With the acceleration of economic globalization, China’s financial market has emerged as a vital force in the global financial system. The Baltic Dry Index (BDI) and China Container Freight Index (CCFI) serve as key indicators of the shipping s...
Using high frequency data we investigate the behavior of the intraday volatility and the volume of eight cross-listed French firms. There is a two hour “overlap” period during which French firms are traded in Paris and their related American Deposita...
This study aims to explore the relationship between market integration, foreign portfolio equity holding and inflation rates on international stock market linkages between Pakistan and India. To measure stock equity interlinkage, we constructed inter...
This paper is devoted to establishing the consequences of integrating CSR into the marketing mix for financial risks in modern companies. Based on the international statistics for 2023, we compiled a regression model of the dependence of financial ri...
Sentiment analysis is widely applied in the financial domain. However, financial documents, particularly those concerning the stock market, often contain complex and often ambiguous information, and their conclusions frequently deviate from actual ma...
This study investigates the influence of drone technology on the quality of Saudi financial reports through the integration of Artificial Intelligence (AI) and big data. The study’s mixed-method approach is based on a bibliometric analysis of p...
The Dow Jones Sustainability Index Chile (DJSI Chile) is made up of leading sustainability companies that are investing great effort into sustainable management. This study correlates the DJSI Chile with the financial indices (return on equity (ROE),...
As China’s financial markets become increasingly integrated and the carbon market undergoes financialization, the impact of carbon emission price fluctuations on financial markets has emerged as a key area of systemic risk research. This study...
A decade after the global financial crisis, the developments in stock market integration have increased the stability and liquidity of markets, and decreased the diversification benefits for investors. International trade is an important determinant...
Financial innovation and institutional quality play a key role in financial development. This study investigates the impact of financial innovation and institutional quality on financial development in an emerging markets setting. We used the sample...
It has become a hot issue to integrate the carbon market, energy market, and financial market into one system and explore the relationship among them. Considering that the carbon market, energy market, and financial market all have chaotic characteri...
This study investigates the impact of financial integration on international dynamics from the perspective of volatility shocks. By incorporating time-varying volatilities, recursive preferences, and a global bank into the IRBC model, it illustrates...
This study examines the sustainability of financial integration between China (represented by Shenzhen and Shanghai) stock markets and Hong Kong stock market over the period of pre and post launch of the Stock Connect Scheme. This paper aims to fill...
We introduce tools to capture the dynamics of three different pathways, in which the synchronization of human decision-making could lead to turbulent periods and contagion phenomena in financial markets. The first pathway is caused when stock market...
M&As have been regarded significantly as an alternative entry mode in facilitating firms’ internalization strategy. Limited studies uncover the integrative role of M&As on the firms’ financial performance from various market persp...
This paper analyses the link between exchange rates and stock markets in four Central and Eastern European countries. We simultaneously explore the comovements of foreign exchange markets and stock markets at the cross-country level and the link betw...
This study comprehensively analyzes the relationship between migration and financial markets. We examine existing research on this subject using a scientometric and bibliometric approach. By employing VOSviewer and Bibliometrix tools, we introduce a...
With the continuous integration of globalization and financial markets, the linkage of global financial risks has increased significantly. This study examines the risk spillover effects and transmission dynamics among the financial markets in G20 cou...
This study explores the financialization of agricultural commodities, focusing on how financial derivatives and index funds impact the volatility of agro-food markets. Using a Dynamic Conditional Correlation (DCC) GARCH model, we analyze volatility s...
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 cu...
With the rapid advancement in technology, Taiwan’s integrated circuit (IC) design companies have made a mark in the international semiconductor industry but are unable to independently develop the key core technologies they need. Therefore, strategic...
As China progresses with its electricity market reforms in pursuit of “carbon peak and carbon neutrality” objectives, the increasing integration of renewable energy sources introduces new risks and uncertainties, necessitating the develop...
The avenue to find a balanced assessment of systemic financial institutions needs the integration of macro and micro granular datasets. This paper investigates how macroeconomic shocks affect systemic risk through several transmission channels. Emplo...
This paper evaluates the homogeneity of the financial markets in European Union (EU) countries and the impact of determinants of the financial sector in individual EU countries on the investment by economic entities in the given countries. The object...
Beyond financial stability as the European Banking Union’s primary objective, the European capital market integration provides an impetus for deepening bank integration and greater financial market efficiency. This article proposes an empirical frame...
Technical analysis has been proved to be capable of exploiting short-term fluctuations in financial markets. Recent results indicate that the market timing approach beats many traditional buy-and-hold approaches in most of the short-term trading peri...
Financial time-series prediction remains a significant challenge, driven by market volatility, nonlinear dynamic characteristics, and the complex interplay between quantitative indicators and investor sentiment. Traditional time-series models (e.g.,...
The purpose of this article is to develop a bank-oriented rating approach, tailored by incorporating the various heterogeneity dimensions characterizing financial institutions, named “Bank-Tailored Integrated Rating” (BTIR). BTIR is able to catch the...
Clean energy is an essential means to limiting carbon emissions and improving economic transformation, and a market-oriented financial structure is the inevitable result of the deepening of supply-side financial reforms. Exploring whether clean energ...
In this paper, we use a copula to examine the relationship and dynamic dependence structure between the crude oil market and the BRICS countries’ stock indices expressed through financial crises, from the 2008 global financial crisis to COVID-1...
This article deals with the determination and comparison of different types of functions of the type-2 interval of fuzzy logic, using a case study on the international financial market. The model is demonstrated on the time series of the leading stoc...
Investigating the stability of and fluctuations in the energy market has long been of interest to researchers and financial market participants. This study aimed to analyze the Chinese energy market, focusing on its volatility and response to financi...
This study explores the quantum leapfrog mechanism within the context of quantum finance and presents a new interpretation of established financial models through a quantum perspective. In quantum physics, the well-documented phenomenon of particles...
This paper investigates the relationship between the BRICs’ and the advanced economies’ stock markets from 2000 to 2016 utilizing continuous wavelet transform. The continuous wavelet transform allows us to explore these relationships in the time–freq...
Cryptocurrencies are relatively new and innovative financial assets. They are a topic of interest to investors and academics due to their distinctive features. Whether financial or not, extraordinary events are one of the biggest challenges facing fi...
In this research endeavor, we investigate the potential influence exerted by ESG performance on the market capitalization of non-financial corporations included within the UK FTSE All-Share Index during the eleven-year period spanning 2010 to 2021. I...
Accurately predicting stock market movements remains a critical challenge in finance, driven by the increasing role of algorithmic trading and the centrality of financial markets in economic sustainability. This study examines the incorporation of ar...
Wind energy forecasting is a critical aspect for wind energy producers, given that the chaotic nature and the intermittence of meteorological wind cause difficulties for both the integration and the commercialization of wind-produced electricity. For...
Spot Bitcoin Exchange Traded Products (ETPs) are financial instruments enabling Bitcoin to be traded on traditional brokerage platforms, reducing the risks associated with direct Bitcoin exposure while addressing fraud and market manipulation concern...
The advent of cryptocurrencies and blockchain technology has sparked a revolutionary shift in the financial sector. This study sets out on a wide-ranging investigation to understand the nuanced dynamics, repercussions, and potential future paths of t...
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