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Systemic Risk Spillover of Oil, Gold to China Financial Market: New Evidence From a Copula-CoVaR-MODWT Approach

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Evaluation Review: A Journal of Applied Social Research

Published online on

Abstract

Evaluation Review, Volume 50, Issue 3, Page 384-422, June 2026.
This paper investigates the systemic risk spillovers from the oil and gold markets to China financial market. Specifically, this paper uses wavelet analysis methods combined with time-varying copula models to calculate the CoVaR to explore the risk tail ...