About a billion people worldwide live and work outside their country of birth or outside their region of birth within their own country. Labor migration is conventionally viewed as economically benefiting the family members who are left behind through remittances. However, splitting up families...

We examine the decision to list in the U.S. markets by foreign firms through American Depository Receipts (ADRs). There is a high positive correlation between the valuation of existing ADRs and the number of new ADR listings next year. ADR listing is more likely when existing ADRs are valued...

This paper examines the dynamic connectedness between the MSCI World ESG Leaders Index, S&P Green Bond Index, and the U.S. ESG Indices. We find that the relative importance of the global ESG equity market to the green bond market as well as the U.S. ESG equity market has kept growing, especially...