We examine the impact of the Russia–Ukraine conflict on the stock returns of alternative energy and oil & gas producers from 48 countries, using the event-study approach. Over the course of eight months in the conflict, we focus on multiple critical events. Our empirical results indicate that...

We examine the conceptual and empirical basis of the environmental Kuznets curve. From both perspectives, the relationship lacks firm foundations. In particular, the empirical relationship is shown to be highly sensitive to the choice of pollutant, sample of countries and time period. This...

How does capital account liberalization impact on firm employment? Using a firm level panel data set that covers over 60 countries between 1982 and 2014, we find a statistically significant effect of capital account liberalization on firm employment. The magnitude of the impact is economically...