The relationship between global wealth and happiness: An analytical study of returns and volatility spillovers

This paper explores the relationship between global wealth and happiness. We employ a bivariate generalized autoregressive conditional heteroskedasticity framework for global wealth and happiness represented, respectively, by FTSE All-World and Twitter's Daily Happiness Sentiment indexes from O...

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Bibliographic Details
Main Authors: Bao Khac Quoc Nguyen, Van Le
Format: Article
Language:English
Published: Elsevier 2021-08-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845021000363