Yonghong Long

A Rolling Wavelet-Denoised TENET Framework for Analyzing Tail-Risk Spillovers in Crypto-Equity Complex Systems

This paper develops a rolling wavelet-denoised Tail-Event driven NETwork (RWD–TENET) framework to examine time-varying tail-risk spillovers between cryptocurrencies and global stock indices. Within each rolling historical window, the framework filters high-frequency disturbances from asset returns and then applies TENE...