Purpose – The relationship between globalization – through trade liberalization – and inequality is unclear. The Stolper‐Samuelson theorem, which is a standard result in trade theory, does not offer compelling answers as globalized economies with an abundance of unskilled labour have...

Purpose – The purpose of this paper is to find and describe some stylized facts for foreign exchange and stock market returns, which are explored using statistical methods. Design/methodology/approach – Formal statistics for testing presence of autocorrelation, asymmetry, and other...