While economic forces drive much of international migration, social factors are known to significantly facilitate movement. By providing information and other resources, networks reduce the cost and risk associated with international migration. The influence of migration networks, however,...

This paper presents a new approach for modelling the connectedness between asset returns. We adapt the measure of Diebold and Yılmaz (2014), which is based on the forecast error variance decomposition of a VAR model. However, their connectedness measure hinges on critical assumptions with...