Carbon emissions and the rising effect of trade openness and foreign direct investment: Evidence from a threshold regression model.

The relationship between carbon emissions, foreign trade openness, and FDI has been studied in prior studies. The previous studies, however, did not examine the link by focusing on carbon emissions in India's industrial sectors. Using carbon emission intensity as a threshold variable and a threshold regression model, we add to the existing studies by assessing the influence of India's industrial sector on carbon emissions.

Exchange rate response to economic policy uncertainty: evidence beyond asymmetry.

Recent studies have examined the relationship between economic policy uncertainty and exchange rate. We contribute to this literature by considering the effect of minor positive and major positive changes as well as minor negative and major negative changes in the economic policy uncertainties on the exchange rates. In this regard, we use a recently developed multiple asymmetric threshold nonlinear ARDL model along with Granger causality in quantile test.

Asymmetric effect of COVID-19 pandemic on E7 stock indices: Evidence from quantile-on-quantile regression approach.

Various studies have been conducted to examine the effect of COVID-19 on stock prices. However, these studies failed to examine the effect across quantile distributions of both dependent and independent variables. This study pays particular attention to the emerging 7 countries and examines the effect of the novel coronavirus 2019 (COVID-19) pandemic on stock prices.

Oil prices and E7 stock prices: an asymmetric evidence using multiple threshold nonlinear ARDL model.

For examining the short-run and long-run asymmetric effect of oil prices on stock prices, recent literature uses standard nonlinear autoregressive distributed lag model. However, this model decomposes oil price series into partial sum of positive and negative changes only and fails to examine the effect of extreme changes in the oil price series on stock prices. This study, therefore, extends the existing literature by focusing on the emerging seven countries, i.