Abstract:We investigate dynamics between the economic activities and energy markets—both conventional and clean energy markets, with a sample of daily data from 1 January 2020 to 25 November 2020. We perform wavelet-based time–frequency techniques and measure the market volatility with continuous wavelet transforms. Besides, we use wavelet coherency to understand the co-movement of economic activities and energy markets and employ a nonlinear phase-difference technique to understand the time-varying causality between d… Show more
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