{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,10,14]],"date-time":"2026-10-14T22:10:44Z","timestamp":1792015844182,"version":"4.4.0"},"reference-count":94,"publisher":"Elsevier BV","license":[{"start":{"date-parts":[[2023,1,1]],"date-time":"2023-01-01T00:00:00Z","timestamp":1672531200000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.elsevier.com\/tdm\/userlicense\/1.0\/"},{"start":{"date-parts":[[2023,1,1]],"date-time":"2023-01-01T00:00:00Z","timestamp":1672531200000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.elsevier.com\/legal\/tdmrep-license"},{"start":{"date-parts":[[2023,1,1]],"date-time":"2023-01-01T00:00:00Z","timestamp":1672531200000},"content-version":"stm-asf","delay-in-days":0,"URL":"https:\/\/doi.org\/10.15223\/policy-017"},{"start":{"date-parts":[[2023,1,1]],"date-time":"2023-01-01T00:00:00Z","timestamp":1672531200000},"content-version":"stm-asf","delay-in-days":0,"URL":"https:\/\/doi.org\/10.15223\/policy-037"},{"start":{"date-parts":[[2023,1,1]],"date-time":"2023-01-01T00:00:00Z","timestamp":1672531200000},"content-version":"stm-asf","delay-in-days":0,"URL":"https:\/\/doi.org\/10.15223\/policy-012"},{"start":{"date-parts":[[2023,1,1]],"date-time":"2023-01-01T00:00:00Z","timestamp":1672531200000},"content-version":"stm-asf","delay-in-days":0,"URL":"https:\/\/doi.org\/10.15223\/policy-029"},{"start":{"date-parts":[[2023,1,1]],"date-time":"2023-01-01T00:00:00Z","timestamp":1672531200000},"content-version":"stm-asf","delay-in-days":0,"URL":"https:\/\/doi.org\/10.15223\/policy-004"}],"content-domain":{"domain":["elsevier.com","sciencedirect.com"],"crossmark-restriction":true},"short-container-title":["Research in International Business and Finance"],"published-print":{"date-parts":[[2023,1]]},"DOI":"10.1016\/j.ribaf.2022.101824","type":"journal-article","created":{"date-parts":[[2022,12,1]],"date-time":"2022-12-01T21:47:37Z","timestamp":1669931257000},"page":"101824","update-policy":"https:\/\/doi.org\/10.1016\/elsevier_cm_policy","source":"Crossref","is-referenced-by-count":45,"special_numbering":"C","title":["Does economic policy uncertainty drive the dynamic spillover among traditional currencies and cryptocurrencies? The role of the COVID-19 pandemic"],"prefix":"10.1016","volume":"64","author":[{"given":"Mohammad","family":"Al-Shboul","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Ata","family":"Assaf","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Khaled","family":"Mokni","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"78","reference":[{"key":"10.1016\/j.ribaf.2022.101824_bib1","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2019.101378","article-title":"Economic policy uncertainty and exchange rates in emerging markets: short and long runs evidence","volume":"37","author":"Abid","year":"2020","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib2","doi-asserted-by":"crossref","DOI":"10.1016\/j.eneco.2019.104513","article-title":"Causal flows between oil and forex markets using high-frequency data: asymmetries from good and bad volatility","volume":"84","author":"Alam","year":"2019","journal-title":"Energy Econ."},{"key":"10.1016\/j.ribaf.2022.101824_bib3","doi-asserted-by":"crossref","DOI":"10.1016\/j.irfa.2022.102309","article-title":"When bitcoin lost its position: cryptocurrency uncertainty and the dynamic spillover among cryptocurrencies before and during the COVID-19 pandemic","volume":"83","author":"Al-Shboul","year":"2022","journal-title":"Int. Rev. Financ. Anal."},{"key":"10.1016\/j.ribaf.2022.101824_bib4","doi-asserted-by":"crossref","DOI":"10.1016\/j.intfin.2020.101219","article-title":"Distant or close cousins: connectedness between cryptocurrencies and traditional currencies volatilities","volume":"67","author":"Andrada-F\u00e9lix","year":"2020","journal-title":"J. Int. Financ. Mark., Inst. Money"},{"issue":"5","key":"10.1016\/j.ribaf.2022.101824_bib5","doi-asserted-by":"crossref","first-page":"1091","DOI":"10.1016\/j.intfin.2012.05.009","article-title":"Exchange return co-movements and volatility spillovers before and after the introduction of euro","volume":"22","author":"Antonakakis","year":"2012","journal-title":"J. Int. Financ. Mark., Inst. Money"},{"key":"10.1016\/j.ribaf.2022.101824_bib6","doi-asserted-by":"crossref","first-page":"303","DOI":"10.1016\/j.irfa.2015.01.016","article-title":"Dynamic spillovers between commodity and currency markets","volume":"41","author":"Antonakakis","year":"2015","journal-title":"Int. Rev. Financ. Anal."},{"key":"10.1016\/j.ribaf.2022.101824_bib7","unstructured":"Antonakakis N., Gabauer D. (2017) Refined Measures of Dynamic Connectedness based on TVP-VAR. MPRA Paper No. 78282."},{"key":"10.1016\/j.ribaf.2022.101824_bib8","doi-asserted-by":"crossref","first-page":"37","DOI":"10.1016\/j.intfin.2019.02.003","article-title":"Cryptocurrency market contagion: market uncertainty, market complexity, and dynamic portfolios","volume":"61","author":"Antonakakis","year":"2019","journal-title":"J. Int. Financ. Mark., Inst. Money"},{"issue":"4","key":"10.1016\/j.ribaf.2022.101824_bib9","doi-asserted-by":"crossref","first-page":"84","DOI":"10.3390\/jrfm13040084","article-title":"Refined measures of dynamic connectedness based on time-varying parameter vector autoregressions","volume":"13","author":"Antonakakis","year":"2020","journal-title":"J. Risk Financ. Manag."},{"key":"10.1016\/j.ribaf.2022.101824_bib10","doi-asserted-by":"crossref","first-page":"136","DOI":"10.1016\/j.frl.2016.04.011","article-title":"Economic policy uncertainty and stock markets: long-run evidence from the US","volume":"18","author":"Arouri","year":"2016","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib11","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2019.09.013","article-title":"Intraday efficiency-frequency nexus in the cryptocurrency markets","volume":"35","author":"Aslan","year":"2020","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib12","article-title":"Has economic policy uncertainty hampered the recovery?","author":"Baker","year":"2012","journal-title":"Becker Friedman Inst. Res. Econ. Work. Pap."},{"issue":"4","key":"10.1016\/j.ribaf.2022.101824_bib13","doi-asserted-by":"crossref","first-page":"1593","DOI":"10.1093\/qje\/qjw024","article-title":"Measuring economic policy uncertainty","volume":"131","author":"Baker","year":"2016","journal-title":"Q. J. Econ."},{"issue":"2","key":"10.1016\/j.ribaf.2022.101824_bib14","doi-asserted-by":"crossref","first-page":"229","DOI":"10.1007\/s11079-016-9388-x","article-title":"Does economic policy uncertainty predict exchange rate returns and volatility? Evidence from a nonparametric causality-in-quantiles test","volume":"27","author":"Balcilar","year":"2016","journal-title":"Open Econ. Rev."},{"key":"10.1016\/j.ribaf.2022.101824_bib15","doi-asserted-by":"crossref","first-page":"39","DOI":"10.1016\/j.jimonfin.2017.06.003","article-title":"Asymmetric volatility connectedness on the forex market","volume":"77","author":"Barun\u00edk","year":"2017","journal-title":"J. Int. Money Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib16","doi-asserted-by":"crossref","first-page":"363","DOI":"10.1016\/j.frl.2018.09.002","article-title":"Are cryptocurrencies connected to forex? A quantile cross-spectral approach","volume":"29","author":"Baum\u00f6hl","year":"2019","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib17","unstructured":"Bech, M.L., & Garratt, R. (2017). Central bank cryptocurrencies. BIS Quarterly Review September."},{"key":"10.1016\/j.ribaf.2022.101824_bib18","doi-asserted-by":"crossref","first-page":"148","DOI":"10.1016\/j.ejpoleco.2016.06.003","article-title":"Exchange rate expectations and economic policy uncertainty","volume":"47","author":"Beckmann","year":"2017","journal-title":"Eur. J. Political Econ."},{"key":"10.1016\/j.ribaf.2022.101824_bib19","doi-asserted-by":"crossref","first-page":"92","DOI":"10.1016\/j.mulfin.2017.06.001","article-title":"Currency price risk and stock market returns in Africa: dependence and downside spillover effects with stochastic copulas","volume":"41","author":"Boako","year":"2017","journal-title":"J. Multinatl. Financ. Manag."},{"key":"10.1016\/j.ribaf.2022.101824_bib20","doi-asserted-by":"crossref","first-page":"216","DOI":"10.1016\/j.frl.2018.07.008","article-title":"Herding behaviour in cryptocurrencies","volume":"29","author":"Bouri","year":"2019","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib21","doi-asserted-by":"crossref","DOI":"10.1016\/j.intfin.2021.101302","article-title":"Quantile connectedness in the cryptocurrency market","volume":"71","author":"Bouri","year":"2021","journal-title":"J. Int. Financ. Mark., Inst. Money"},{"key":"10.1016\/j.ribaf.2022.101824_bib22","doi-asserted-by":"crossref","first-page":"192","DOI":"10.1016\/j.frl.2016.09.025","article-title":"On the hedge and safe haven properties of Bitcoin: is it really more than a diversifier?","volume":"20","author":"Bouri","year":"2017","journal-title":"Financ. Res. Lett."},{"issue":"6","key":"10.1016\/j.ribaf.2022.101824_bib23","doi-asserted-by":"crossref","first-page":"365","DOI":"10.1057\/jam.2015.5","article-title":"Virtual currency, tangible return: portfolio 126 diversification with Bitcoin","volume":"16","author":"Briere","year":"2015","journal-title":"J. Asset Manag."},{"key":"10.1016\/j.ribaf.2022.101824_bib24","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2022.103070","article-title":"Asymmetric dynamic spillover effect between cryptocurrency and China's financial market: evidence from TVP-VAR based connectedness approach","volume":"49","author":"Cao","year":"2022","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib25","doi-asserted-by":"crossref","DOI":"10.1016\/j.mulfin.2020.100666","article-title":"Connectedness between cryptocurrencies and foreign exchange markets: Implication for risk management","volume":"59","author":"Chemkha","year":"2021","journal-title":"J. Multinatl. Financ. Manag."},{"key":"10.1016\/j.ribaf.2022.101824_bib26","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2019.08.014","article-title":"Impact of economic policy uncertainty on exchange rate volatility of China","volume":"32","author":"Chen","year":"2020","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib27","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2019.101308","article-title":"The relationship between the economic policy uncertainty and the cryptocurrency market","volume":"35","author":"Cheng","year":"2020","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib28","article-title":"The impact of COVID-19 pandemic on the volatility connectedness network of global stock market","volume":"71","author":"Cheng","year":"2022","journal-title":"Pacific Basin Finan. J."},{"key":"10.1016\/j.ribaf.2022.101824_bib29","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2020.101621","article-title":"The effect of political and economic uncertainty on the cryptocurrency market","volume":"39","author":"Colon","year":"2021","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib30","doi-asserted-by":"crossref","DOI":"10.1016\/j.ribaf.2020.101248","article-title":"Are cryptocurrencies a safe haven for equity markets? An international perspective from the COVID-19 pandemic","volume":"54","author":"Conlon","year":"2020","journal-title":"Res. Int. Bus. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib31","doi-asserted-by":"crossref","first-page":"28","DOI":"10.1016\/j.econlet.2018.01.004","article-title":"Exploring the dynamic 132 relationships between cryptocurrencies and other financial assets","volume":"165","author":"Corbet","year":"2018","journal-title":"Econ. Lett., 133"},{"key":"10.1016\/j.ribaf.2022.101824_bib32","doi-asserted-by":"crossref","first-page":"55","DOI":"10.1016\/j.iref.2020.06.022","article-title":"Pandemic-related financial market volatility spillovers: evidence from the Chinese COVID-19 epicentre","volume":"71","author":"Corbet","year":"2021","journal-title":"Int. Rev. Econ. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib33","doi-asserted-by":"crossref","first-page":"145","DOI":"10.1016\/j.frl.2018.01.005","article-title":"Does economic policy uncertainty predict the Bitcoin returns? An empirical investigation","volume":"26","author":"Demir","year":"2018","journal-title":"Financ. Res. Lett."},{"issue":"366a","key":"10.1016\/j.ribaf.2022.101824_bib34","doi-asserted-by":"crossref","first-page":"427","DOI":"10.1080\/01621459.1979.10482531","article-title":"Distribution of the estimators for autoregressive time series with a unit root","volume":"74","author":"Dickey","year":"1979","journal-title":"J. Am. Stat. Assoc."},{"issue":"534","key":"10.1016\/j.ribaf.2022.101824_bib35","doi-asserted-by":"crossref","first-page":"158","DOI":"10.1111\/j.1468-0297.2008.02208.x","article-title":"Measuring financial asset return and volatility spillovers, with application to global equity markets","volume":"119","author":"Diebold","year":"2009","journal-title":"Econ. J."},{"issue":"1","key":"10.1016\/j.ribaf.2022.101824_bib36","doi-asserted-by":"crossref","first-page":"57","DOI":"10.1016\/j.ijforecast.2011.02.006","article-title":"Better to give than to receive: predictive directional measurement of volatility spillovers","volume":"28","author":"Diebold","year":"2012","journal-title":"Int. J. Forecast."},{"issue":"1","key":"10.1016\/j.ribaf.2022.101824_bib37","doi-asserted-by":"crossref","first-page":"119","DOI":"10.1016\/j.jeconom.2014.04.012","article-title":"On the network topology of variance decompositions: Measuring the connectedness of financial firms","volume":"182","author":"Diebold","year":"2014","journal-title":"J. Econ."},{"key":"10.1016\/j.ribaf.2022.101824_bib38","doi-asserted-by":"crossref","first-page":"85","DOI":"10.1016\/j.frl.2015.10.008","article-title":"Bitcoin, gold and the dollar\u2013A GARCH volatility analysis","volume":"16","author":"Dyhrberg","year":"2016","journal-title":"Financ. Res. Lett."},{"issue":"4","key":"10.1016\/j.ribaf.2022.101824_bib39","doi-asserted-by":"crossref","first-page":"813","DOI":"10.2307\/2171846","article-title":"Efficient Tests for an Autoregressive Unit Root","volume":"64","author":"Elliot","year":"1996","journal-title":"Econometrica"},{"issue":"2","key":"10.1016\/j.ribaf.2022.101824_bib40","doi-asserted-by":"crossref","first-page":"2026","DOI":"10.1002\/ijfe.2257","article-title":"Causality and dynamic spillovers among cryptocurrencies and currency markets","volume":"27","author":"Elsayed","year":"2022","journal-title":"Int. J. Financ. Econ."},{"key":"10.1016\/j.ribaf.2022.101824_bib41","doi-asserted-by":"crossref","DOI":"10.1016\/j.irfa.2020.101566","article-title":"Economic fundamentals or investor perceptions? The role of uncertainty in predicting long-term cryptocurrency volatility","volume":"71","author":"Fang","year":"2020","journal-title":"Int. Rev. Financial Anal."},{"key":"10.1016\/j.ribaf.2022.101824_bib42","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2021.102544","article-title":"More to cryptos than bitcoin: a GARCH modelling of heterogeneous cryptocurrencies","volume":"47","author":"Fung","year":"2022","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib43","doi-asserted-by":"crossref","first-page":"63","DOI":"10.1016\/j.econlet.2018.07.007","article-title":"On the transmission mechanism of country-specific and international economic uncertainty spillovers: evidence from a TVP-VAR connectedness decomposition approach","volume":"171","author":"Gabauer","year":"2018","journal-title":"Econ. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib44","doi-asserted-by":"crossref","first-page":"75","DOI":"10.1016\/j.frl.2019.03.016","article-title":"The relationship between Bitcoin returns and trade policy uncertainty","volume":"29","author":"Gozgor","year":"2019","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib45","doi-asserted-by":"crossref","first-page":"43","DOI":"10.1016\/j.finmar.2016.05.001","article-title":"Risk and return spillovers among the G10 currencies","volume":"31","author":"Greenwood-Nimmo","year":"2016","journal-title":"J. Financ. Mark."},{"key":"10.1016\/j.ribaf.2022.101824_bib46","doi-asserted-by":"crossref","first-page":"72","DOI":"10.1016\/j.econlet.2014.12.034","article-title":"Are volatility spillovers between currency and equity market driven by economic states? Evidence from the US economy","volume":"127","author":"Grobys","year":"2015","journal-title":"Econ. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib47","doi-asserted-by":"crossref","DOI":"10.1016\/j.irfa.2020.101649","article-title":"Tail risk contagion between international financial markets during COVID-19 pandemic","volume":"73","author":"Guo","year":"2021","journal-title":"Int. Rev. Financ. Anal."},{"key":"10.1016\/j.ribaf.2022.101824_bib48","article-title":"Exploring the hedge and safe haven properties of cryptocurrency in policy uncertainty","author":"Hasan","year":"2021","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib49","doi-asserted-by":"crossref","DOI":"10.1016\/j.najef.2022.101700","article-title":"Exploring the dynamic spillover of cryptocurrency environmental attention across the commodities, green bonds, and environment-related stocks","author":"Hassen","year":"2022","journal-title":"North Am. J. Econ. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib50","doi-asserted-by":"crossref","DOI":"10.1016\/j.najef.2021.101443","article-title":"Risk spillovers between cryptocurrencies and traditional currencies and gold under different global economic conditions","volume":"57","author":"Hsu","year":"2021","journal-title":"North Am. J. Econ. Financ."},{"issue":"2020","key":"10.1016\/j.ribaf.2022.101824_bib51","article-title":"\"Spillovers and connectedness in foreign exchange markets: the role of trade policy uncertainty","author":"Huynh","year":"2020","journal-title":"Q. Rev. Econ. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib52","doi-asserted-by":"crossref","DOI":"10.1016\/j.irfa.2018.08.002","article-title":"Modelling dynamic dependence and risk spillover between all oil price shocks and stock market returns in the BRICS","volume":"68","author":"Ji","year":"2020","journal-title":"Int. Rev. Financ. Anal."},{"key":"10.1016\/j.ribaf.2022.101824_bib53","doi-asserted-by":"crossref","first-page":"322","DOI":"10.1016\/j.ribaf.2019.06.004","article-title":"An empirical investigation of volatility dynamics in the cryptocurrency market","volume":"50","author":"Katsiampa","year":"2019","journal-title":"Res. Int. Bus. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib54","doi-asserted-by":"crossref","first-page":"49","DOI":"10.1016\/j.econlet.2016.04.022","article-title":"On the link between the US economic policy uncertainty and exchange rates","volume":"144","author":"Kido","year":"2016","journal-title":"Econ. Lett."},{"issue":"2","key":"10.1016\/j.ribaf.2022.101824_bib55","doi-asserted-by":"crossref","first-page":"158","DOI":"10.1016\/j.ribaf.2009.11.002","article-title":"Testing for intraday interdependence and volatility spillover among the euro, the pound and the Swiss franc markets","volume":"24","author":"Kitamura","year":"2010","journal-title":"Res. Int. Bus. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib56","doi-asserted-by":"crossref","first-page":"42","DOI":"10.1016\/j.intfin.2018.09.009","article-title":"Exchange rate comovements, hedging and volatility spillovers on new EU forex markets","volume":"58","author":"Ko\u010denda","year":"2019","journal-title":"J. Int. Financ. Mark., Inst. Money"},{"key":"10.1016\/j.ribaf.2022.101824_bib57","doi-asserted-by":"crossref","first-page":"101","DOI":"10.1016\/j.euroecorev.2014.07.002","article-title":"A new index of financial conditions","volume":"71","author":"Koop","year":"2014","journal-title":"Eur. Econ. Rev."},{"key":"10.1016\/j.ribaf.2022.101824_bib58","first-page":"3099725","article-title":"Measuring dynamic connectedness with large Bayesian VAR models","author":"Korobilis","year":"2018","journal-title":"Available SSRN"},{"key":"10.1016\/j.ribaf.2022.101824_bib59","doi-asserted-by":"crossref","first-page":"257","DOI":"10.1016\/j.physa.2018.02.161","article-title":"On Bitcoin markets (in)efficiency and its evolution","volume":"503","author":"Kristoufek","year":"2018","journal-title":"Phys. A Stat. 171 Mech. Appl."},{"issue":"2","key":"10.1016\/j.ribaf.2022.101824_bib60","doi-asserted-by":"crossref","first-page":"241","DOI":"10.1111\/infi.12049","article-title":"Economic policy uncertainty and exchange rate volatility","volume":"17","author":"Krol","year":"2014","journal-title":"Int. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib61","doi-asserted-by":"crossref","DOI":"10.1016\/j.intfin.2022.101523","article-title":"Connectedness among major cryptocurrencies in standard times and during the COVID-19 outbreak","volume":"77","author":"Kumar","year":"2022","journal-title":"J. Int. Financ. Mark., Inst. Money"},{"key":"10.1016\/j.ribaf.2022.101824_bib62","doi-asserted-by":"crossref","first-page":"448","DOI":"10.1016\/j.physa.2019.04.154","article-title":"Volatility spillover in crypto-currency markets: some evidences from GARCH and wavelet analysis","volume":"524","author":"Kumar","year":"2019","journal-title":"Phys. A Stat. Mech. Appl."},{"issue":"3","key":"10.1016\/j.ribaf.2022.101824_bib63","first-page":"16","article-title":"Cryptocurrency: a new investment opportunity? 175","volume":"20","author":"Lee","year":"2018","journal-title":"J. Altern. Invest."},{"key":"10.1016\/j.ribaf.2022.101824_bib64","doi-asserted-by":"crossref","DOI":"10.1016\/j.eneco.2020.104711","article-title":"Analyzing time-varying volatility spillovers between the crude oil markets using a new method","volume":"87","author":"Liu","year":"2020","journal-title":"Energy Econ."},{"key":"10.1016\/j.ribaf.2022.101824_bib65","doi-asserted-by":"crossref","first-page":"65","DOI":"10.1016\/j.physa.2017.09.068","article-title":"Currency co-movement and network correlation structure of foreign exchange market","volume":"492","author":"Mai","year":"2018","journal-title":"Phys. A Stat. Mech. its Appl."},{"key":"10.1016\/j.ribaf.2022.101824_bib66","doi-asserted-by":"crossref","DOI":"10.1016\/j.eneco.2019.104501","article-title":"Dynamic connectedness of oil price shocks and exchange rates","volume":"84","author":"Malik","year":"2019","journal-title":"Energy Econ."},{"issue":"1","key":"10.1016\/j.ribaf.2022.101824_bib67","doi-asserted-by":"crossref","first-page":"137","DOI":"10.1016\/j.jfineco.2016.01.032","article-title":"News implied volatility and disaster concerns","volume":"123","author":"Manela","year":"2017","journal-title":"J. Financ. Econ."},{"key":"10.1016\/j.ribaf.2022.101824_bib68","doi-asserted-by":"crossref","first-page":"444","DOI":"10.1016\/j.jimonfin.2018.03.006","article-title":"Recent renminbi policy and currency co-movements","volume":"95","author":"McCauley","year":"2019","journal-title":"J. Int. Money Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib69","doi-asserted-by":"crossref","DOI":"10.1016\/j.najef.2019.101031","article-title":"High-frequency asymmetric volatility connectedness between Bitcoin and major precious metals markets","volume":"50","author":"Mensi","year":"2019","journal-title":"North Am. J. Econ. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib70","doi-asserted-by":"crossref","first-page":"65","DOI":"10.1016\/j.qref.2021.01.017","article-title":"When, where, and how economic policy uncertainty predicts Bitcoin returns and volatility? A quantiles-based analysis","volume":"80","author":"Mokni","year":"2021","journal-title":"Q. Rev. Econ. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib71","doi-asserted-by":"crossref","unstructured":"Mokni, K., & Ajmi, A.N. (2020). Cryptocurrencies vs. US dollar: Evidence from causality in quantiles analysis. Economic Analysis and Policy.","DOI":"10.1016\/j.eap.2020.12.011"},{"key":"10.1016\/j.ribaf.2022.101824_bib72","doi-asserted-by":"crossref","DOI":"10.1016\/j.resourpol.2021.102238","article-title":"Economic policy uncertainty and dynamic spillover among precious metals under market conditions: Does COVID-19 have any effects?","volume":"74","author":"Mokni","year":"2021","journal-title":"Resour. Policy"},{"key":"10.1016\/j.ribaf.2022.101824_bib73","doi-asserted-by":"crossref","DOI":"10.1016\/j.ribaf.2021.101573","article-title":"COVID-19 pandemic and economic policy uncertainty: the first test on the hedging and safe haven properties of cryptocurrencies","volume":"60","author":"Mokni","year":"2022","journal-title":"Res. Int. Bus. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib74","article-title":"Economic policy uncertainty and the Bitcoin-US stock nexus","volume":"57","author":"Mokni","year":"2020","journal-title":"J. Multinatl. Financ. Manag."},{"key":"10.1016\/j.ribaf.2022.101824_bib75","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2020.101534","article-title":"Quantifying the spillover effect in the cryptocurrency market","volume":"38","author":"Moratis","year":"2021","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib76","doi-asserted-by":"crossref","first-page":"191","DOI":"10.1016\/j.eap.2020.09.014","article-title":"Japanese currency and stock market\u2014what happened during the COVID-19 pandemic?","volume":"68","author":"Narayan","year":"2020","journal-title":"Econ. Anal. Policy"},{"issue":"3","key":"10.1016\/j.ribaf.2022.101824_bib77","doi-asserted-by":"crossref","first-page":"321","DOI":"10.1007\/s10614-015-9489-4","article-title":"Causality in continuous wavelet transform without spectral matrix factorization: theory and application","volume":"47","author":"Olayeni","year":"2016","journal-title":"Comput. Econ."},{"key":"10.1016\/j.ribaf.2022.101824_bib78","doi-asserted-by":"crossref","first-page":"376","DOI":"10.1016\/j.iref.2016.07.001","article-title":"Co-movements of non-Euro EU currencies with the Euro","volume":"45","author":"Orlowski","year":"2016","journal-title":"Int. Rev. Econ. Financ."},{"issue":"3","key":"10.1016\/j.ribaf.2022.101824_bib79","doi-asserted-by":"crossref","first-page":"347","DOI":"10.1108\/EJMBE-07-2019-0116","article-title":"Economic policy uncertainty and Bitcoin. Is Bitcoin a safe-haven asset?","volume":"29","author":"Paule-Vianez","year":"2020","journal-title":"Eur. J. Manag. Bus. Econ. \u200f"},{"issue":"2","key":"10.1016\/j.ribaf.2022.101824_bib80","doi-asserted-by":"crossref","first-page":"335","DOI":"10.1093\/biomet\/75.2.335","article-title":"Testing for a unit root in time series regression","volume":"75","author":"Phillips","year":"1988","journal-title":"Biometrika"},{"issue":"3","key":"10.1016\/j.ribaf.2022.101824_bib81","doi-asserted-by":"crossref","first-page":"821","DOI":"10.1111\/j.1467-937X.2005.00353.x","article-title":"Time varying structural vector autoregressions and monetary policy","volume":"72","author":"Primiceri","year":"2005","journal-title":"Rev. Econ. Stud."},{"key":"10.1016\/j.ribaf.2022.101824_bib82","article-title":"How does COVID-19 influence dynamic spillover connectedness between cryptocurrencies? Evidence from non-parametric causality-in-quantiles techniques","author":"Raza","year":"2021","journal-title":"Financ. Res. Lett."},{"issue":"4","key":"10.1016\/j.ribaf.2022.101824_bib83","doi-asserted-by":"crossref","first-page":"341","DOI":"10.1016\/j.bir.2018.07.007","article-title":"Testing for spillovers in naira exchange rates: the role of electioneering & global financial crisis","volume":"18","author":"Salisu","year":"2018","journal-title":"Borsa Istanb. Rev."},{"key":"10.1016\/j.ribaf.2022.101824_bib84","doi-asserted-by":"crossref","DOI":"10.1016\/j.irfa.2021.102005","article-title":"Covid-19 pandemic and spillover effects in stock markets: a financial network approach","volume":"80","author":"Samitas","year":"2022","journal-title":"Int. Rev. Financ. Anal."},{"key":"10.1016\/j.ribaf.2022.101824_bib85","doi-asserted-by":"crossref","first-page":"173","DOI":"10.1016\/j.ribaf.2017.05.008","article-title":"Examining dynamic currency linkages amongst South Asian economies: an empirical study","volume":"42","author":"Sehgal","year":"2017","journal-title":"Res. Int. Bus. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib86","doi-asserted-by":"crossref","unstructured":"Shahzad, S.J.H., Balli, F., Naeem, M.A., Hasan, M. and Arif, M. (2021). Do traditional currencies hedge cryptocurrencies?. The Quarterly Review of Economics and Finance.","DOI":"10.1016\/j.qref.2021.01.008"},{"key":"10.1016\/j.ribaf.2022.101824_bib87","doi-asserted-by":"crossref","first-page":"163","DOI":"10.1016\/j.chieco.2015.01.013","article-title":"One currency, two markets: the renminbi's growing influence in Asia-Pacific","volume":"33","author":"Shu","year":"2015","journal-title":"China Econ. Rev."},{"key":"10.1016\/j.ribaf.2022.101824_bib88","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2020.101864","article-title":"Impacts of the COVID-19 pandemic on financial market connectedness","volume":"38","author":"So","year":"2021","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib89","doi-asserted-by":"crossref","DOI":"10.1016\/j.frl.2020.101782","article-title":"Spillover effects of RMB exchange rate among B&R countries: before and during COVID-19 event","volume":"37","author":"Wei","year":"2020","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib90","doi-asserted-by":"crossref","DOI":"10.1016\/j.mulfin.2020.100617","article-title":"Volatility connectedness in global foreign exchange markets","author":"Wen","year":"2020","journal-title":"J. Multinatl. Financ. Manag."},{"key":"10.1016\/j.ribaf.2022.101824_bib91","doi-asserted-by":"crossref","first-page":"171","DOI":"10.1016\/j.frl.2019.04.001","article-title":"Does gold or Bitcoin hedge economic policy uncertainty?","volume":"31","author":"Wu","year":"2019","journal-title":"Financ. Res. Lett."},{"key":"10.1016\/j.ribaf.2022.101824_bib92","doi-asserted-by":"crossref","DOI":"10.1016\/j.ribaf.2021.101478","article-title":"Does economic policy uncertainty affect cryptocurrency markets? Evidence from Twitter-based uncertainty measures","volume":"58","author":"Wu","year":"2021","journal-title":"Res. Int. Bus. Financ."},{"key":"10.1016\/j.ribaf.2022.101824_bib93","doi-asserted-by":"crossref","first-page":"98","DOI":"10.1016\/j.irfa.2018.08.012","article-title":"Volatility connectedness in the cryptocurrency market: Is Bitcoin a dominant cryptocurrency?","volume":"60","author":"Yi","year":"2018","journal-title":"International Review of Financial Analysis"},{"issue":"1","key":"10.1016\/j.ribaf.2022.101824_bib94","doi-asserted-by":"crossref","first-page":"1","DOI":"10.1186\/s40854-021-00227-3","article-title":"Dynamic connectedness between stock markets in the presence of the COVID-19 pandemic: does economic policy uncertainty matter?","volume":"7","author":"Youssef","year":"2021","journal-title":"Financ. Innov."}],"container-title":["Research in International Business and Finance"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0275531922002100?httpAccept=text\/xml","content-type":"text\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0275531922002100?httpAccept=text\/plain","content-type":"text\/plain","content-version":"vor","intended-application":"text-mining"}],"deposited":{"date-parts":[[2025,10,3]],"date-time":"2025-10-03T12:58:51Z","timestamp":1759496331000},"score":1,"resource":{"primary":{"URL":"https:\/\/linkinghub.elsevier.com\/retrieve\/pii\/S0275531922002100"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2023,1]]},"references-count":94,"alternative-id":["S0275531922002100"],"URL":"https:\/\/doi.org\/10.1016\/j.ribaf.2022.101824","relation":{},"ISSN":["0275-5319"],"issn-type":[{"value":"0275-5319","type":"print"}],"subject":[],"published":{"date-parts":[[2023,1]]},"assertion":[{"value":"Elsevier","name":"publisher","label":"This article is maintained by"},{"value":"Does economic policy uncertainty drive the dynamic spillover among traditional currencies and cryptocurrencies? The role of the COVID-19 pandemic","name":"articletitle","label":"Article Title"},{"value":"Research in International Business and Finance","name":"journaltitle","label":"Journal Title"},{"value":"https:\/\/doi.org\/10.1016\/j.ribaf.2022.101824","name":"articlelink","label":"CrossRef DOI link to publisher maintained version"},{"value":"article","name":"content_type","label":"Content Type"},{"value":"\u00a9 2022 Elsevier B.V. All rights reserved.","name":"copyright","label":"Copyright"}],"article-number":"101824"}}