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Tail-event driven network dependence in the Belt and Road: Effects of crises and initiative implementation

The Belt and Road Initiative has strengthened collaboration between China and the countries along its route, but it also presents challenges, including potential systemic risk spillovers among these nations’ stock markets. This study investigates the interdependence of tail risks across 37 Belt and...

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Autori principali: Tingting Cheng, Yiming Liu, Shuyi Ge, Yanlin Shi
Natura: Artigo
Lingua:Inglês
Pubblicazione: Elsevier 2025-12-01
Serie:International Review of Economics & Finance
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Accesso online:http://www.sciencedirect.com/science/article/pii/S1059056025009311
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