We study the effect of geopolitical risk (GPR) on stock price crash risk and we investigate the
mediating role of the ESG factors in this relationship. Using a large international sample of …

The database contains three productivity variables: labor productivity levels, labor
productivity growth rates, and total factor productivity (TFP) growth rates for up to 172 …

Geopolitical risk (GPR) presents a profound challenge to firms, particularly in regions with
persistent political instability. In Eastern Europe, where conflicts like the Russia–Ukraine war …

In this paper, we investigate the presence of non-linearities in the transmission of
geopolitical risk (GPR) shocks. Our methodology involves incorporating a non-linear …

Frequently, factors other than structural developments in technology and production
efficiency drive changes in labor productivity in advanced economies (AEs) and emerging …

Purpose: Existing research on uncertainty and bank lending has focused entirely on
aggregate uncertainty (ie, economic policy uncertainty) and its subcomponents, but not …

The deep financial turmoil in China caused by the COVID-19 pandemic has exacerbated
fiscal shocks and soaring public debt levels, which raises concerns about the stability and …

Frequently, factors other than structural developments in technology and production
efficiency drive changes in labor productivity in advanced and emerging market and …

This paper uses a Markov-switching approach to examine why there is house price cycle
comovement across some US metropolitan areas (MSAs) but not others, and which MSAs …

We examine international stock return comovements of country-industry portfolios. Our
model allows comovements to be driven by a global and a cluster component, with the …