Focal Interest
Focal Interest

Spillover effect

  1. Liquidity shocks spill over to related corporate bond peers
    Analysis of liquidity spillover in corporate bond markets following rating downgrades, showing contagion through information learning across related securities.
  2. Digital economy is linked to better rural economy–environment coordination in China
    Analysis of how digital economy expansion impacts coordinated rural economic and environmental development across Chinese provinces, revealing threshold effects and regional spillovers.
  3. Carbon trading decentralization hindered energy eco-efficiency
    Study of 257 Chinese cities shows carbon emissions trading policy reduces energy efficiency through technological and structural changes, though spillover effects partially offset losses.
  4. Sports tokens showed spillover risk in connected markets
    Quantile VAR analysis reveals how sports tokens transmit and receive systemic shocks, with implications for portfolio construction and downside risk mitigation during market stress.
  5. Data exchange platforms linked to higher urban green energy efficiency
    Study examines data element marketization's impact on green energy efficiency in 282 Chinese cities, revealing direct effects and spatial spillovers with stronger effects in developed regions.