PUBLISHED ARTICLES IN JOURNALS

S/NTitleAuthorsYearJournalDownload Link
1Inflation and Policy Coordination in High-Inflation EnvironmentsAdediran, I. A.; Oyadeyi, O. O.; Oloko, T. F.2025Journal of Policy Modelinghttps://doi.org/10.1016/j.jpolmod.2025.05.002
2Forecasting Market Fear: the roles of policy uncertainty and geopolitical RiskFarag, M.; Musa, D. C.; Olayinka, H. A.; Ogbonna, A. E.; Yaya, O. S.; Olubusoye, O. E.2025Applied Economicshttps://doi.org/10.1080/00036846.2025.2504192
3Convergence of gender unemployment gaps in Africa: New evidence from Fourier ADF and KPSS unit root tests with breakFuruoka, F.; Gil-Alana, L. A.; Yaya, O. S.; Vo, X. V.2025Applied Economicshttps://doi.org/10.1080/00036846.2024.2448610
4Quantile time-frequency connectedness and spillovers among financial stress, cryptocurrencies and commoditiesKhan, N.; Yaya, O. S.; Vo, X. V.; Zada, H.2025Resources Policyhttps://doi.org/10.1016/j.resourpol.2025.105527
5Ripple effects of the US-China tension on Asian Emerging and Frontier Markets with Portfolio ImplicationsKhan, N.; Yaya, O. S.; Siddiqui, O.; Vo, X. V.2025Studies in Nonlinear Dynamics and Econometricshttp://doi.org/10.1515/snde-2024-0116
6Climate risks and the REITs marketSalisu, A. A. Ogbonna, A.. E, Vo, X. V.2025International Journal of Finance & Economicshttps://doi.org/10.1002/ijfe.2983
7Geopolitical risk, climate risk and financial innovation in the energy marketSalisu, A. A.; Olaniran, A. O.; Vo, X. V.2025Energyhttps://doi.org/10.1016/j.energy.2025.134365
8Sectoral Corporate Profits and Long-Run Stock Return Volatility in the United States: A GARCH-MIDAS ApproachSalisu, A. A.; Isah, K. O.; Ogbonna, A. E.2025Journal of Forecastinghttps://doi.org/10.1002/for.3207
9Forecasting Spot and Futures Price Volatility of Agricultural Commodities: The Role of Climate-Related Migration UncertaintySalisu,A.A,
Ogbonna, A. E.; Gupta, R.; Bouri, E.
2025Research in International Business and Financehttps://doi.org/10.1016/j.ribaf.2025.103133
10A new index for climate-induced migration uncertaintySalisu, S.; Salisu, A. A.2025International Migrationhttps://doi.org/10.1111/imig.13384
11Climate Risk and Stock Markets: Implications for Market Efficiency and Return PredictabilityAdediran, I. A.; Bewaji, P. N.; Oyadeyi, O. O.2024Emerging Markets Finance and Tradehttps://doi.org/10.1080/1540496X.2023.2298251
12Testing Fractional Integration in Time Series with Artificial Neural NetworkFuruoka, F.; Gil-Alana, L. A.; Yaya, O. S.; Aruchunan, E.; Ogbonna, A. E.2024Empirical Economicshttps://doi.org/10.1007/s00181-023-02540-5
13Stock market prices and dividends in the US: Bubbles or Long-run equilibria relationshipsGil-Alana, L. A.; Dettoni, R.; Yaya, O. S.2024International Review of Financial Analysishttps://doi.org/10.1016/j.irfa.2024.103319
14Re-Validating Phillips Curve Hypothesis in Africa and the Role of Oil Price: A Mixed Frequency ApproachOgbonna, A. E.; Farag, M.; Akintande, O. J.; Yaya, O. S.; Olubusoye, O. E.2024Energyhttps://doi.org/10.1016/j.energy.2024.131862
15Gold market volatility and REITs' returns during tranquil and turbulent episodesSalisu, A. A.; Akinsomi, O.; Ametefe, F. K.; Hammed, Y. S.2024International Review of Financial Analysishttps://doi.org/10.1016/j.irfa.2024.103348
16Technological shocks and stock market volatility over a centurySalisu, A. A.; Demirer, R.; Gupta, R.2024Journal of Empirical Financehttps://doi.org/10.1016/j.jempfin.2024.101561
17Oil shocks and state-level stock market volatility of the United States: a GARCH-MIDAS approachSalisu, A. A.; Gupta, R.; Cepni, O.; Caraiani, P.2024Review of Quantitative Finance and Accountinghttps://link.springer.com/article/10.1007/s11156-024-01295-z
18Technology shocks and crude oil market connection: The role of climate changeSalisu, A. A.; Isah, K.; Oloko, T. O.2024Energy Economicshttps://doi.org/10.1016/j.eneco.2024.107325
19Migration and inflation nexus under high and low interest rate environments: Some panel data evidenceSalisu, A. A.; Muhammad, R. A.; Saliu, M. O.2024International Migrationhttps://doi.org/10.1111/imig.13312
20Energy market uncertainties and exchange rate volatility: A GARCH-MIDAS approachSalisu, A. A.; Ogbonna, A. E.; Gupta, R.; Ji, Q.2024Finance Research Lettershttps://doi.org/10.1016/j.frl.2024.105847
21Stock Market Efficiency in Asia: Evidence from the Narayan-Liu-Westerlund’s GARCH-based Unit root testYaya, O. S.; Adekoya, O. B.; Vo, X. V.; Al-Faryan, M. A. S.2022International Journal of Finance and Economicshttps://doi.org/10.1002/ijfe.2676
22Dynamic connectedness of economic policy uncertainty in G7 countries and the influence of the USA and UK on non-G7 countriesYaya, O. S.; Olayinka, H. A.; Ogbonna, A. E.; Al-Faryan, M. A. S.; Vo, X. V.2024Economic Change and Restructuringhttps://link.springer.com/article/10.1007/s10644-024-09658-1
23Carbon trading amidst global uncertainty: The role of policy and geopolitical uncertaintyAdediran, I. A.; Swaray, R.2023Economic Modellinghttps://doi.org/10.1016/j.econmod.2023.106279
24Technology shocks–gold market connection: Is the effect episodic to business cycle behaviour?Ayinde, T. O.; Olaniran, A. O.; Abolade, O. C.; Ogbonna, A. E.2023Resources Policyhttps://doi.org/10.1016/j.resourpol.2023.103771
25Transmission of risks between energy and agricultural commodities: Frequency time-varying VAR, asymmetry and portfolio managementFuruoka, F.; Yaya, O. S.; Ling, P. K.; Al-Faryan, M. A. S.; Islam, M. N.2023Resources Policyhttps://doi.org/10.1016/j.resourpol.2023.103339
26Predictability of economic slowdowns in advanced countries over eight centuries: The role of climate risksGupta, R.; Nel, J.; Salisu, A. A.; Ji, Q.2023Finance Research Lettershttps://doi.org/10.1016/j.frl.2023.103795
27Stock returns and interest rate differential in high and low interest rate environmentsSalisu, A. A.; Sikiru, A. A.2023International Journal of Finance & Economicshttps://doi.org/10.1002/ijfe.2502
28Gold and tail risksSalisu, A. A.; Adediran, I.; Omoke, P. C.; Tchankam, J. P.2023Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.103154
29Policy uncertainty and stock market volatility revisited: The predictive role of signal qualitySalisu, A. A.; Demirer, R.; Gupta, R.2023Journal of Forecastinghttps://doi.org/10.1002/for.3016
30Tail risks and forecastability of stock returns of advanced economies: Evidence from centuries of dataSalisu, A. A.; Gupta, R.; Ogbonna, A. E.2023The European Journal of Finance<https://doi.org/10.1080/1351847X.2022.2097883
31Oil price and the Bitcoin marketSalisu, A. A.; Ndako, U. B.; Vo, X. V.2023Resources Policyhttps://doi.org/10.1016/j.resourpol.2023.103437
32Transition risk, physical risk, and the realized volatility of oil and natural gas pricesSalisu, A. A.; Ndako, U. B.; Vo, X. V.2023Resources Policyhttps://doi.org/10.1016/j.resourpol.2023.103383
33Oil tail risks and the realized variance of consumer prices in advanced economiesSalisu, A. A.; Ogbonna, A. E.; Vo, X. V.2023Resources Policyhttps://doi.org/10.1016/j.resourpol.2023.103755
34Oil price and the Bitcoin marketSalisu, A. A.; Olaniran, A.; Lasisi, L.2023Resources Policyhttps://doi.org/10.1016/j.resourpol.2023.103437
35Geopolitical risk and global financial cycle: Some forecasting experimentsSalisu, A. A.; Omoke, P. C.; Sikiru, A. A.2023Journal of Forecastinghttps://doi.org/10.1002/for.2904
36Climate risks and US stock‐market tail risks: A forecasting experiment using over a century of dataSalisu, A. A.; Pierdzioch, C.; Gupta, R.; Van Eyden, R.2023International Review of Financehttps://doi.org/10.1111/irfi.12397
37Hedging against risks associated with travel and tourism stocks during COVID‐19 pandemic: The role of goldSikiru, A. A.; Salisu, A. A.2023International Journal of Finance & Economics https://doi.org/10.1002/ijfe.2513
38Tail risk dependence, comovement and predictability between green bond and green stocksTiwari, A. K.; Abakah, E. J. A.; Yaya, O. S.; Appiah, K. O.2023Applied Economicshttps://doi.org/10.1080/00036846.2022.2085869
39Climate change and fossil fuel prices: A GARCH-MIDAS analysisTumala, M. M.; Salisu, A. A.; Nmadu, Y. B.2023Energy Economicshttps://doi.org/10.1016/j.eneco.2023.106792
40Does oil connect differently with prominent assets during war? Evidence from intra-day data during the Russia-Ukraine sagaAdekoya, O. B., Oliyide, J. A., Yaya, O. S., & Al-Faryan, M. A. S.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.102728
41Oil-price uncertainty and the UK unemployment rate: A forecasting experiment with random forests using 150 years of dataGupta, R., Pierdzioch, C., & Salisu, A. A.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.102662
42The return volatility of cryptocurrencies during the COVID-19 pandemic: Assessing the news effectSalisu, A. A., & Ogbonna, A. E.2022Global Finance Journalhttps://doi.org/10.1016/j.gfj.2021.100641
43Islamic Stock indices and COVID-19 pandemicSalisu, A. A., & Shaik, M.2022International Review of Economics & Financehttps://doi.org/10.1016/j.iref.2022.02.073
44US Stock return predictability with high dimensional modelsSalisu, A. A., & Tchankam, J. P.2022Finance Research Lettershttps://doi.org/10.1016/j.frl.2021.102194
45Predicting stock returns in the presence of COVID-19 pandemic: The role of health newsSalisu, A. A., & Vo, X. V2022International Review of Financial Analysishttps://doi.org/10.1016/j.irfa.2020.101546
46Gold and tail risksSalisu, A. A., Adediran, I. A., Omoke, P. C., & Tchankam, J. P.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.103154
47The COVID-19 global fear index and the predictability of commodity price returnsSalisu, A. A., Akanni, L., & Raheem, I2020Journal of Behavioral and Experimental Financehttps://doi.org/10.1016/j.jbef.2020.100383
48Global evidence of the COVID-19 shock on real equity prices and real exchange rates: A counterfactual analysis with a threshold-augmented GVAR modelSalisu, A. A., Ayinde, T. O., Gupta, R., & Wohar, M. E.2022Finance Research Lettershttps://doi.org/10.1016/j.frl.2021.102519
49Geopolitical risks and historical exchange rate volatility of the BRICSSalisu, A. A., Cuñado, J., & Gupta, R.2022International Review of Economics & Financehttps://doi.org/10.1016/j.iref.2021.09.017
50Financial turbulence, systemic risk and the predictability of stock market volatilitySalisu, A. A., Demirer, R., & Gupta, R.2022Global Finance Journalhttps://doi.org/10.1016/j.gfj.2022.100699
51Global financial cycle and the predictability of oil market volatility: Evidence from a GARCH-MIDAS modelSalisu, A. A., Gupta, R., & Demirer, R.2022Energy Economicshttps://doi.org/10.1016/j.eneco.2022.105934
52Forecasting oil prices over 150 years: The role of tail risksSalisu, A. A., Gupta, R., & Ji, Q.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2021.102508
53Exchange rate predictability with nine alternative models for BRICS countriesSalisu, A. A., Gupta, R., & Kim, W. J.2022Journal of Macroeconomicshttps://doi.org/10.1016/j.jmacro.2021.103374
54Mixed‐frequency forecasting of crude oil volatility based on the information content of global economic conditionsSalisu, A. A., Gupta, R., Bouri, E., & Ji, Q.2022Journal of Forecastinghttps://doi.org/10.1002%2Ffor.2800
55Forecasting output growth of advanced economies over eight centuries: The role of gold market volatility as a proxy of global uncertaintySalisu, A. A., Gupta, R., Karmakar, S., & Das, S.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2021.102527
56The (Asymmetric) effect of El Niño and La Niña on gold and silver prices in a GVAR modelSalisu, A. A., Gupta, R., Nel, J., & Bouri, E.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.102897
57Uncertainty and predictability of real housing returns in the United Kingdom: a regional analysisSalisu, A. A., Gupta, R., Ogbonna, A. E., & Wohar, M. E.2022Journal of Forecastinghttps://doi.org/10.1002/for.2878
58A firm level analysis of asymmetric response of US stock returns to exchange rate movementsSalisu, A. A., Isah, K., & Ogbonnaya‐Orji, N.2022Journal of Finance & Economicshttps://doi.org/10.1002/ijfe.2210
59Historical geopolitical risk and the behaviour of stock returns in advanced economiesSalisu, A. A., Lasisi, L., & Tchankam, J. P.2022The European Journal of Financehttps://doi.org/10.1080/1351847X.2021.1968467
60Oil tail risk and the tail risk of the US Dollar exchange ratesSalisu, A. A., Olaniran, A., & Tchankam, J. P.2022Energy Economicshttps://doi.org/10.1016/j.eneco.2022.105960
61Oil tail risks and the forecastability of the realized variance of oil-price: Evidence from over 150 years of dataSalisu, A. A., Pierdzioch, C., & Gupta, R.2022Finance Research Lettershttps://doi.org/10.1016/j.frl.2021.102378
62Forecasting stock-market tail risk and connectedness in advanced economies over a century: The role of gold-to-silver and gold-to-platinum price ratiosSalisu, A. A., Pierdzioch, C., Gupta, R., & Gabauer, D.2022International Review of Financial Analysishttps://doi.org/10.1016/j.irfa.2022.102300
63Out-of-Sample Stock Return Predictability of Alternative COVID-19 IndicesSalisu, A. A., Tchankam, J. P., & Adediran, I. A.2022Emerging Markets Finance and Tradehttps://doi.org/10.1080/1540496X.2022.2072203
64OPEC news and exchange rate forecasting using dynamic Bayesian learningSheng, X., Gupta, R., Salisu, A. A., & Bouri, E.2022Finance Research Lettershttps://doi.org/10.1016/j.frl.2021.102125
65Persistence and volatility spillovers of Bitcoin price to gold and silver pricesYaya, O. S., Lukman, A. F., & Vo, X. V.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.103011
66Modelling Cryptocurrency High-Low Prices using Fractional Cointegrating VARYaya, O. S., Vo, X. V., . Ogbonna, A. E, & Adewuyi, A. O.2022International Journal of Finance and Economicshttps://doi.org/10.1002%2Fijfe.2164
67Oil shocks and volatility of green investments: GARCH-MIDAS analysesYaya, O. S., Ogbonna, A. E., & Vo, X. V.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.102789
68Time-variation between metal commodities and oil, and the impact of oil shocks: GARCH-MIDAS and DCC-MIDAS analysesYaya, O. S., Ogbonna, A. E., Adesina, O. A., Alobaloke, K. A., & Vo, X. V.2022Resources Policyhttps://doi.org/10.1016/j.resourpol.2022.103036
69Where lies the silver lining when uncertainty hang dark clouds over the global financial markets?Adediran, I.A., Yinusa, O.D., & Lakhani, K.H.2021Resources Policyhttps://doi.org/10.1016/j.resourpol.2020.101932
70Testing Fractional Unit Roots with Non-linear Smooth Break Approximations using Fourier functionsGil-Alana, L.A., & Yaya, O.S.2021Journal of Applied Statisticshttps://doi.org/10.1080/02664763.2020.1757047
71Fractional cointegration between gold price and inflation rate: Implication for inflation rate persistenceOloko, T.F., Ogbonna, A.E., Adedeji, A.A., & Lakhani, N.2021Resources Policyhttps://doi.org/10.1016/j.resourpol.2021.102369
72Oil shocks and stock market volatility of the BRICS: A GARCH-MIDAS approachSalisu, A.A., & Gupta, R.2021Global Finance Journalhttps://doi.org/10.1016/j.gfj.2020.100546
73Firm-specific news and the predictability of Consumer stocks in VietnamSalisu, A.A., & Vo, X.V.2021Finance Research Lettershttps://doi.org/10.1016/j.frl.2020.101801
74The behavior of exchange rate and stock returns in high and low interest rate environmentsSalisu, A.A., & Vo, X.V.2021International Review of Economics & Financehttps://doi.org/10.1016/j.iref.2021.02.008
75Volatility spillovers and hedging effectiveness between health and tourism stocks: Empirical evidence from the USSalisu, A.A., Akanni, L.O., & Vo, X.V.2021International Review of Economics & Financehttps://doi.org/10.1016/j.iref.2021.02.005
76Stock markets and exchange rate behavior of the BRICSSalisu, A.A., Cuñado, J., Isah, K., & Gupta, R.2021Journal of Forecastinghttps://doi.org/10.1002/for.2795
77Point and density forecasting of macroeconomic and financial uncertainties of the USASalisu, A.A., Gupta, R., & Ogbonna, A.E.2021Journal of Forecastinghttps://doi.org/10.1002/for.2740
78Geopolitical risk and forecastability of tail risk in the oil market: Evidence from over a century of monthly dataSalisu, A.A., Pierdzioch, C., & Gupta, R.2021Energyhttps://doi.org/10.1016/j.energy.2021.121333
79Assessing the safe haven property of the gold market during COVID-19 pandemicSalisu, A.A., Raheem, I.D., & Vo, X.V.2021International Review of Financial Analysishttps://doi.org/10.1016/j.irfa.2021.101666
80Hedging oil price risk with gold during COVID-19 pandemicSalisu, A.A., Vo, X.V., & Lawal, A.2021Resources Policyhttps://doi.org/10.1016/j.resourpol.2020.101897
81The return volatility of cryptocurrencies during the COVID-19 pandemic: Assessing the news effectSalisu, A.A., & Ogbonna, A.E.2021Global Finance Journalhttps://doi.org/10.1016/j.gfj.2021.100641
82A Note on the COVID-19 Shock and Real GDP in Emerging Economies: A Counterfactual Analysis from the Threshold-Augmented Global VARSalisu, A.A., Adediran, I.A., & Gupta, R.2021Emerging Markets Finance and Tradehttps://doi.org/10.1080/1540496X.2021.1981854
83Stock-induced Google trends and the predictability of sectoral stock returnsSalisu, A.A., Ogbonna, A.E., & Adediran, I.2021Journal of Forecastinghttps://doi.org/10.1002/for.2722
84A test for inflation persistence in Nigeria using fractional integration & fractional cointegration techniquesTule, M.K., Salisu, A.A., & Ebuh, G.U.2020Economic Modellinghttps://doi.org/10.1016/j.econmod.2019.07.024
85How fearful are Commodities and US stocks in response to Global fear? Persistence and Cointegration analysesYaya, O.S., Gil-Alana, L.A., Vo, X.V., & Adekoya, O.B.2021Resources Policyhttps://doi.org/10.1016/j.resourpol.2021.102273
86A new unit root test for unemployment hysteresis based on the autoregressive neural networkYaya, O.S., Ogbonna, A.E., Furuoka, R., & Gil-Alana, L.A.2021Oxford Bulletin of Economics and Statisticshttps://doi.org/10.1111/obes.12422
87Gold and Silver prices, their stocks and market fear gauges: Testing fractional cointegration using a robust approachYaya, O.S., Vo, X.V., & Olayinka, H.A.2021Resources Policyhttps://doi.org/10.1016/j.resourpol.2021.102045
88How do Stocks in BRICS co-move with Real Estate stocks?Gil-Alana, L.A., Yaya, O.S., Akinsomi, O., & Coskun, Y.2020International Review of Economics and Financehttps://doi.org/10.1016/j.iref.2020.04.014
89Mortgage asymmetric pricing, cash rate and international funding cost: Australian evidenceHolland, Q.C.P., Liu, B., Roca, E., & Salisu, A.A.2020International Review of Economics and Financehttps://doi.org/10.1016/j.iref.2019.09.009
90Gold as a hedge against oil shocks: Evidence from new datasets for oil shocksSalisu, A.A., & Adediran, I.2020Resources Policyhttps://doi.org/10.1016/j.resourpol.2020.101606
91The COVID-19 global fear index and the predictability of commodity price returnsSalisu, A.A., Akanni, L., & Raheem, I.2020Journal of Behavioural and Experimental Financehttps://doi.org/10.1016/j.jbef.2020.100383
92Revisiting oil-stock nexus during COVID-19 pandemic: Some preliminary resultsSalisu, A.A., Ebuh, G.U., & Usman, N.2020International Review of Economics and Financehttps://doi.org/10.1016/j.iref.2020.06.023
93New evidence for the inflation hedging potential of US stock returnsSalisu, A.A., Ndako, U.B., & Akanni, L.O.2020Finance Research Lettershttps://doi.org/10.1016/j.frl.2019.101384
94Google trends and the predictability of precious metalsSalisu, A.A., Ogbonna, A.E., & Adewuyi, A.2020Resources Policyhttps://doi.org/10.1016/j.resourpol.2019.101542
95The inflation hedging properties of gold, stocks and real estate: A comparative analysisSalisu, A.A., Raheem, I.D., & Ndako, U.B.2020Resources Policyhttps://doi.org/10.1016/j.resourpol.2020.101605
96Gold as a hedge against oil shocks: Evidence from new datasets for oil shocksSalisu, A.A., & Adediran, I.A.2020Resources Policyhttps://doi.org/10.1016/j.resourpol.2020.101606
97The transmission of monetary policy in emerging economies during tranquil and turbulent periodsYakubu, J., Salisu, A.A., Musa, A., Omosola, A., Belonwu, M., & Isah, K.2020Finance Research Lettershttps://doi.org/10.1016/j.frl.2019.09.010
98Modelling Cryptocurrency High-Low Prices using Fractional Cointegrating VARYaya, O.S., Vo, X.V., Ogbonna, A.E., & Adewuyi, A.2020International Journal of Finance and Economicshttps://doi.org/10.1002/ijfe.2164