Household scale economies are plausibly attributed to shared household public goods that make larger households better off at the same level of per capita resources. Larger households should therefore have higher per capita consumption of private goods, such as food, provided that they do not...

This contribution applies the cointegrated vector autoregressive (CVAR) model to analyze the long-run behavior and short-run dynamics of stock markets across five developed and three emerging economies. The main objective is to check whether liquidity conditions play an important role in stock...