We assess the role played by exchange rates in buffering or amplifying the propagation of shocks across international equity markets. Using copula functions we model the joint dependence between exchange rates and two global equity markets and, from a copula framework, we obtain the conditional...

There is growing evidence that the impact of financial development on economic growth might be non-linear and hump-shaped, exhibiting a turning point. However, such findings are typically established using total finances (mostly: credit), and the apparent non-linear impact of totals can stem...

Relying on the data provided by an ESG rating agency, this paper aims at bringing more understanding on the diversity of firms' behaviours in terms of labour related CSR and filling a gap on the potential role of labour market institutions, including workers' collective rights, to contribute to...