Acemoglu, D. ; Ozdaglar, A. ; Tahbaz-Salehi, A. Systemic risk and stability in financial networks. 2015 Am. Econ. Rev.. 105 564-608
Allen, F. ; Babus, A. ; Carletti, E. Asset commonality, debt maturity and systemic risk. 2012 J. Financ. Econ.. 104 519-534
Allen, F. ; Gale, D. Financial contagion. 2000 J. Polit. Econ.. 108 1-33
Alqahtani, A. ; Klein, T. Oil price changes, uncertainty, and geopolitical risks: on the resilience of GCC countries to global tensions. 2021 Energy. 236 -
- Altınkeski, B.K. Geopolitical risk spillovers: evidence from G20 countries. 2023 J. Econom. Pol. Sci.. 3 64-77
Paper not yet in RePEc: Add citation now
Antonakakis, N. ; Gupta, R. ; Kollias, C. ; Papadamou, S. Geopolitical risks and the oil-stock nexus over 1899–2016. 2017 Financ. Res. Lett.. 23 165-173
Baker, S.R. ; Bloom, N. ; Davis, S.J. Measuring economic policy uncertainty. 2016 Q. J. Econ.. 131 1593-1636
Balcılar, M. ; Demirer, R. ; Hammoudeh, S. ; Nguyen, D.K. Risk spillovers across the energy and carbon markets and hedging strategies for carbon risk. 2016 Energy Econ.. 54 159-172
Balli, F. ; Balli, H.O. ; Hasan, M. ; Gregory-Allen, R. Geopolitical risk spillovers and its determinants. 2022 Ann. Reg. Sci.. 68 463-500
Baumeister, C. ; Kilian, L. Understanding the decline in the price of oil since June 2014. 2016 J. Assoc. Environ. Resour. Econ.. 3 131-158
Bende-Nabende, A. ; Ford, J.L. ; Santoso, B. ; Sen, S.J.A.E.L. The interaction between FDI, output and the spillover variables: co-integration and VAR analyses for APEC, 1965-1999. 2003 Appl. Econ. Lett.. 10 165-172
Benoit, S. ; Colliard, J.E. ; Hurlin, C. ; Pérignon, C. Where the risks lie: a survey on systemic risk. 2017 Rev. Finance. 21 109-152
Billio, M. ; Getmansky, M. ; Lo, A.W. ; Pelizzon, L. Econometric measures of connectedness and systemic risk in the finance and insurance sectors. 2012 J. Financ. Econ.. 104 535-559
Bompard, E. ; Carpignano, A. ; Erriquez, M. ; Grosso, D. ; Pession, M. ; Profumo, F. National energy security assessment in a geopolitical perspective. 2017 Energy. 130 144-154
Bouoiyour, J. ; Selmi, R. ; Hammoudeh, S. ; Wohar, M.E. What are the categories of geopolitical risks that could drive oil prices higher? Acts or threats?. 2019 Energy Econ.. 84 -
- BP, BP Statistical Review of World Energy 2022. 2022 British Petroleum:
Paper not yet in RePEc: Add citation now
Cahen-Fourot, L. ; Campiglio, E. ; Godin, A. ; Kemp-Benedict, E. ; Trsek, S. Capital stranding cascades: the impact of decarbonisation on productive asset utilisation. 2021 Energy Econ.. 103 -
Caldara, D. ; Iacoviello, M. Measuring geopolitical risk. 2022 Am. Econ. Rev.. 112 1194-1225
- Campos-Martins, S. ; Hendry, D.F. Common volatility shocks driven by the global carbon transition. 2023 J. Econ.. 239 105472-
Paper not yet in RePEc: Add citation now
Cucinelli, D. ; Soana, M.G. Systemic risk in non-financial companies: does governance matter?. 2023 Int. Rev. Financ. Anal.. 87 -
Cui, L. ; Yue, S. ; Nghiem, X.H. ; Duan, M. Exploring the risk and economic vulnerability of global energy supply chain interruption in the context of Russo-Ukrainian war. 2023 Res. Policy. 81 -
Cunado, J. ; Gupta, R. ; Lau, C.K.M. ; Sheng, X. Time-varying impact of geopolitical risks on oil prices. 2020 Defence Peace Econom.. 31 692-706
Darby, M.R. The price of oil and world inflation and recession. 1982 Am. Econ. Rev.. 72 738-751
Das, D. ; Kannadhasan, M. ; Bhattacharyya, M. Do the emerging stock markets react to international economic policy uncertainty, geopolitical risk and financial stress alike?. 2019 North Am. J. Econom. Finance. 48 1-19
- Deese, D.A. Energy: economics, politics, and security. 1979 Int. Secur.. 4 140-153
Paper not yet in RePEc: Add citation now
Demirer, M. ; Diebold, F.X. ; Liu, L. ; Yilmaz, K. Estimating global bank network connectedness. 2018 J. Appl. Econ.. 33 1-15
Deng, S.J. ; Oren, S.S. Electricity derivatives and risk management. 2006 Energy. 31 940-953
Diebold, F.X. ; Yilmaz, K. Better to give than to receive: predictive directional measurement of volatility spillovers. 2012 Int. J. Forecast.. 28 57-66
- Domanski, D. ; Kearns, J. ; Lombardi, M.J. ; Shin, H.S. Oil and debt. 2015 En : BIS Quarterly Review March. :
Paper not yet in RePEc: Add citation now
Du, L. ; He, Y. Extreme risk spillovers between crude oil and stock markets. 2015 Energy Econ.. 51 455-465
Dungey, M. ; Flavin, T. ; O’Connor, T. ; Wosser, M. Non-financial corporations and systemic risk. 2022 Finance. 72 -
Dutta, A. ; Dutta, P. Geopolitical risk and renewable energy asset prices: implications for sustainable development. 2022 Renew. Energy. 196 518-525
Elliott, M. ; Golub, B. ; Jackson, M.O. Financial networks and contagion. 2014 Am. Econ. Rev.. 104 3115-3153
- Federle, J. ; Müller, G.J. ; Meier, A. ; Sehn, V. Proximity to war: the stock market response to the Russian invasion of Ukraine. 2022 En : CEPR Discussion Paper, No. DP17185. :
Paper not yet in RePEc: Add citation now
Gabauer, D. ; Gupta, R. ; Marfatia, H.A. ; Miller, S.M. Estimating US housing price network connectedness: evidence from dynamic elastic net, Lasso, and ridge vector autoregressive models. 2024 Int. Rev. Econ. Financ.. 89 349-362
Gandy, A. ; Veraart, L.A. A Bayesian methodology for systemic risk assessment in financial networks. 2017 Manag. Sci.. 63 4428-4446
Girardi, G. ; Ergün, A.T. Systemic risk measurement: multivariate GARCH estimation of CoVaR. 2013 J. Bank. Financ.. 37 3169-3180
Gong, X. ; Shi, R. ; Xu, J. ; Lin, B. Analyzing spillover effects between carbon and fossil energy markets from a time-varying perspective. 2021 Appl. Energy. 285 -
Gong, X.L. ; Feng, Y.K. ; Liu, J.M. ; Xiong, X. Study on international energy market and geopolitical risk contagion based on complex network. 2023 Res. Policy. 82 -
- Gravelle, T. ; Li, F. Measuring systemic importance of financial institutions: An extreme value theory approach. 2013 J. Bank. Financ.. 37 2196-2209
Paper not yet in RePEc: Add citation now
Gross, C. ; Siklos, P.L. Analyzing credit risk transmission to the nonfinancial sector in Europe: a network approach. 2020 J. Appl. Econ.. 35 61-81
Guo, L.Y. ; Feng, C. ; Yu, S.Q. Connecting the stocks of major energy firms in China to identify the systemic risk. 2023 Energy Econ.. 126 -
Gupta, R. ; Gozgor, G. ; Kaya, H. ; Demir, E. Effects of geopolitical risks on trade flows: evidence from the gravity model. 2019 Eur. Econ. Rev.. 9 515-530
Hamilton, J.D. Oil and the macroeconomy since world war II. 1983 J. Polit. Econ.. 91 228-248
Härdle, W.K. ; Wang, W. ; Yu, L. Tenet: Tail-event driven network risk. 2016 J. Econ.. 192 499-513
Henriques, I. ; Sadorsky, P. Oil prices and the stock prices of alternative energy companies. 2008 Energy Econ.. 30 998-1010
Hille, E. Europe’s energy crisis: are geopolitical risks in source countries of fossil fuels accelerating the transition to renewable energy?. 2023 Energy Econ.. 127 -
Hong Vo, D. ; Dang, T.H.N. The geopolitical risk spillovers across BRICS countries: a quantile frequency connectedness approach. 2024 Scot. J. Political Econ.. 71 -
Huang, H.C. ; Wang, X. ; Xiong, X. When macro time series meets micro panel data: a clear and present danger. 2022 Energy Econ.. 114 -
- IEA, Update on Overseas Investments by China’s National Oil Companies: Achievements and Challenges Since 2011. 2014 International Energy Agency:
Paper not yet in RePEc: Add citation now
Im, K.S. ; Pesaran, M.H. ; Shin, Y. Testing for unit roots in heterogeneous panels. 2003 J. Econ.. 115 53-74
Jebabli, I. ; Kouaissah, N. ; Arouri, M. Volatility spillovers between stock and energy markets during crises: a comparative assessment between the 2008 global financial crisis and the COVID-19 pandemic crisis. 2022 Financ. Res. Lett.. 46 -
Ji, Q. ; Fan, Y. Evolution of the world crude oil market integration: a graph theory analysis. 2016 Energy Econ.. 53 90-100
Jia, X. ; An, H. ; Sun, X. ; Huang, X. ; Wang, L. Evolution of world crude oil market integration and diversification: a wavelet-based complex network perspective. 2017 Appl. Energy. 185 1788-1798
Jin, Y. ; Zhao, H. ; Bu, L. ; Zhang, D. Geopolitical risk, climate risk and energy markets: a dynamic spillover analysis. 2023 Int. Rev. Financ. Anal.. 87 -
Jung, Y. Multiple predicting K-fold cross-validation for model selection. 2018 J. Nonparametr. Stat.. 30 197-215
Kerste, M. ; Gerritsen, M. ; Weda, J. ; Tieben, B. Systemic risk in the energy sector—Is there need for financial regulation?. 2015 Energy Policy. 78 22-30
Khan, K. ; Su, C.W. ; Khurshid, A. ; Qin, M. Does energy security improve renewable energy? A geopolitical perspective. 2023 Energy. 282 -
Kilian, L. Not all oil price shocks are alike: disentangling demand and supply shocks in the crude oil market. 2009 Am. Econ. Rev.. 99 1053-1069
- Kim, S. ; Shin, E.H. A longitudinal analysis of globalization and regionalization in international trade: a social network approach. 2002 Soc. Forces. 81 445-468
Paper not yet in RePEc: Add citation now
Kim, S.Y. ; Russett, B. The new politics of voting alignments in the United Nations general assembly. 1996 Int. Organ.. 50 629-652
- Koch, N. ; Perreault, T. Resource nationalism. 2019 Prog. Hum. Geogr.. 43 611-631
Paper not yet in RePEc: Add citation now
Lee, C.C. ; Lee, C.C. ; Li, Y.Y. Oil price shocks, geopolitical risks, and green bond market dynamics. 2021 North Am. J. Econom. Finance. 55 -
Liu, C. ; Xu, J. Risk spillover effects of new global energy listed companies from the time-frequency perspective. 2024 Energy. 292 -
Liu, J. ; Shen, W. Financial instability in Europe: does geopolitical risk from proximate countries and trading partners matter?. 2024 Financ. Res. Lett.. 66 105657-
- Mayer, T. ; Zignago, S. Notes on CEPII’s distances measures: The GeoDist database. 2011 En : CEPII Working Paper, No. 2011–25. :
Paper not yet in RePEc: Add citation now
Mensi, W. ; Hammoudeh, S. ; Shahzad, S.J.H. ; Shahbaz, M. Modeling systemic risk and dependence structure between oil and stock markets using a variational mode decomposition-based copula method. 2017 J. Bank. Financ.. 75 258-279
Mensi, W. ; Rehman, M.U. ; Vo, X.V. Spillovers and co-movements between precious metals and energy markets: implications on portfolio management. 2020 Res. Policy. 69 -
Michail, N.A. ; Melas, K.D. Geopolitical risk and the LNG-LPG trade. 2022 Peace Econ. Peace Sci. Public Policy. 28 243-265
Mork, K.A. Oil and the macroeconomy when prices go up and down: an extension of Hamilton’s results. 1989 J. Polit. Econ.. 97 740-744
Murdoch, J.C. ; Sandler, T. Economic growth, civil wars, and spatial spillovers. 2002 J. Confl. Resolut.. 46 91-110
Nerlinger, M. ; Utz, S. The impact of the Russia-Ukraine conflict on energy firms: a capital market perspective. 2022 Financ. Res. Lett.. 50 -
Polanski, A. ; Stoja, E. ; Windmeijer, F. Telling tales from the tails: high-dimensional tail interdependence. 2019 J. Appl. Econ.. 34 779-794
Popp, D. Induced innovation and energy prices. 2002 Am. Econ. Rev.. 92 160-180
Pringpong, S. ; Maneenop, S. ; Jaroenjitrkam, A. Geopolitical risk and firm value: evidence from emerging markets. 2023 North Am. J. Econom. Finance. 68 -
Qin, Y. ; Hong, K. ; Chen, J. ; Zhang, Z. Asymmetric effects of geopolitical risks on energy returns and volatility under different market conditions. 2020 Energy Econ.. 90 -
Reboredo, J.C. Is there dependence and systemic risk between oil and renewable energy stock prices?. 2015 Energy Econ.. 48 32-45
Restrepo, N. ; Uribe, J.M. ; Manotas, D. Financial risk network architecture of energy firms. 2018 Appl. Energy. 215 630-642
Sadorsky, P. Risk factors in stock returns of Canadian oil and gas companies. 2001 Energy Econ.. 23 17-28
Salisu, A.A. ; Pierdzioch, C. ; Gupta, R. Geopolitical risk and forecastability of tail risk in the oil market: evidence from over a century of monthly data. 2021 Energy. 235 -
Scholtens, B. ; Wang, L. Oil risk in oil stocks. 2008 Energy J.. 29 89-111
- Scott, J. Trend report social network analysis. 1988 Sociology. 22 109-127
Paper not yet in RePEc: Add citation now
Shahzad, S.J.H. ; Hernandez, J.A. ; Al-Yahyaee, K.H. ; Jammazi, R. Asymmetric risk spillovers between oil and agricultural commodities. 2018 Energy Policy. 118 182-198
Sohag, K. ; Hammoudeh, S. ; Elsayed, A.H. ; Mariev, O. ; Safonova, Y. Do geopolitical events transmit opportunity or threat to green markets? Decomposed measures of geopolitical risks. 2022 Energy Econ.. 111 -
Su, C.W. ; Khan, K. ; Umar, M. ; Zhang, W. Does renewable energy redefine geopolitical risks?. 2021 Energy Policy. 158 -
Su, Y.H. ; Rizvi, S.K.A. ; Umar, M. ; Chang, H. Unveiling the relationship between oil and green bonds: spillover dynamics and implications. 2023 Energy Econ.. 127 107043-
- Sweidan, O.D. Geopolitical risk spillover among nations: evidence from Russia. 2023 GeoJournal. 88 3029-3037
Paper not yet in RePEc: Add citation now
Tiwari, A.K. ; Abakah, E.J.A. ; Adewuyi, A.O. ; Lee, C.C. Quantile risk spillovers between energy and agricultural commodity markets: evidence from pre and during COVID-19 outbreak. 2022 Energy Econ.. 113 -
Umar, M. ; Farid, S. ; Naeem, M.A. Time-frequency connectedness among clean-energy stocks and fossil fuel markets: comparison between financial, oil and pandemic crisis. 2022 Energy. 240 -
Van Oordt, M. ; Zhou, C. Systemic risk and bank business models. 2019 J. Appl. Econ.. 34 365-384
Wang, G.J. ; Xie, C. ; He, K. ; Stanley, H.E. Extreme risk spillover network: application to financial institutions. 2017 Quant. Financ.. 17 1417-1433
Wang, K.H. ; Xiong, D.P. ; Mirza, N. ; Shao, X.F. ; Yue, X.G. Does geopolitical risk uncertainty strengthen or depress cash holdings of oil enterprises? Evidence from China. 2021 Pac. Basin Financ. J.. 66 -
- Wang, X. ; Wu, Y. ; Xu, W. Geopolitical risk and investment. 2023 J. Money Credit Bank.. 13110-
Paper not yet in RePEc: Add citation now
Weiner, R.J. Is the world oil market “one great pool”?. 1991 Energy J.. 12 95-108
White, H. ; Kim, T.H. ; Manganelli, S. VAR for VaR: measuring tail dependence using multivariate regression quantiles. 2015 J. Econ.. 187 169-188
Wu, F. ; Xiao, X. ; Zhou, X. ; Zhang, D. ; Ji, Q. Complex risk contagions among large international energy firms: a multi-layer network analysis. 2022 Energy Econ.. 114 -
Xie, Q. ; Luo, C. ; Cong, X. ; Wang, X. Volatility connectedness and its determinants of global energy stock markets. 2024 Econ. Syst.. 48 101193-
Zaremba, A. ; Cakici, N. ; Demir, E. ; Long, H. When bad news is good news: geopolitical risk and the cross-section of emerging market stock returns. 2022 J. Financ. Stab.. 58 -
Zhang, D. Oil shocks and stock markets revisited: measuring connectedness from a global perspective. 2017 Energy Econ.. 62 323-333
Zhang, H. ; Wang, Y. ; Yang, C. ; Guo, Y. The impact of country risk on energy trade patterns based on complex network and panel regression analyses. 2021 Energy. 222 -
Zhang, Y. ; He, J. ; He, M. ; Li, S. Geopolitical risk and stock market volatility: a global perspective. 2023 Financ. Res. Lett.. 53 -
Zhu, B. ; Deng, Y. ; Hu, X. Global energy security: do internal and external risk spillovers matter? A multilayer network method. 2023 Energy Econ.. 126 -
Zhu, B. ; Deng, Y. ; Lin, R. ; Hu, X. ; Chen, P. Energy security: does systemic risk spillover matter? Evidence from China. 2022 Energy Econ.. 114 -
Zhu, B. ; Lin, R. ; Liu, J. Magnitude and persistence of extreme risk spillovers in the global energy market: a high-dimensional left-tail interdependence perspective. 2020 Energy Econ.. 89 -
Zou, H. ; Hastie, T. Regularization and variable selection via the elastic net. 2005 J. R. Stat. Soc. Ser. B Stat Methodol.. 67 301-320