The persistence of high savings-investment correlations and home-country bias in portfolio construction at the national level is contrasted with new evidence of savings behaviour in Canadian provinces. We confirm that national borders clearly divert flows of capital to domestic investments, but...

The persistence of high savings-investment correlations and home-country bias in portfolio construction at the national level is contrasted with new evidence of savings behaviour in Canadian provinces. We confirm that national borders clearly divert flows of capital to domestic investments, but...

Major insurance and reinsurance firms have expressed concern that global warming poses economic threats to the industry due to increased risk of extreme weather events. Past studies have examined the connection between global warming trends and the value of insured damages. In principle, if...