events: the 2022 invasion of Ukraine, the 2003 invasion of Iraq, the 1990/91 Persian gulf war, the 1986 OPEC collapse, and … the 1973 Arab-Israel war. In the counterfactual scenario where these events did not occur, the t-statistics are reduced on …

events: the 2022 invasion of Ukraine, the 2003 invasion of Iraq, the 1990/91 Persian gulf war, the 1986 OPEC collapse, and … the 1973 Arab-Israel war. In the counterfactual scenario where these events did not occur, the t-statistics are reduced on …

As a topical issue, this paper studies the responses of world stock market indices to the ongoing war between Ukraine … March 2022, we consistently document a negative relationship between the Ukraine-Russia war and world stock market returns … the Ukraine-Russia war on world stock market returns …

-sectional analysis reveals that economic globalization as measured by GDP-scaled trade is negatively associated with event-day and post …

distinct impact of financial integration and globalization on several dimensions of real activity. We find that: (a) financial … financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …

The goal of this paper is to study the effects of globalization on the workings of asset markets and welfare. To do … this, we adopt a technological view of the globalization process. That is, we model this process as consisting of a gradual … (and exogenous) reduction in the costs of shipping goods across different regions of the world. In the absence of market …