Cultural diversity is a “Double-edged sword” for stock market development. The current research investigated the relationship between cultural diversity and stock market prosperity. It was found that that cultural diversity could promote stock market prosperity and the effect varies from...

This paper explores new data sources on multi-lateral trade in films among EU countries and with the US in offline cinema and in online video-on-demand (VoD) distribution. We observe variations in trade patterns across countries and films and explore how they affect cultural diversity. We find...

We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...

The concept of cultural diversity has emerged as an influential one having impact on multiple policy and legal instruments especially following the adoption of the UNESCO Convention on the Protection and Promotion of the Diversity of Cultural Expressions in 2005. The discussions on its...

This paper provides the first systematic attempt to measure cultural diversity at national and subnational levels. Our measure reflects the degree to which values and beliefs are shared in society and captures a dimension of diversity not previously discussed. We assess the importance of...