We examine how US mutual funds that invest domestically make portfolio adjustments by incorporating US-listed foreign stocks (cross-listed stocks) when faced with US market economic policy uncertainty. We document a positive association between US economic policy uncertainty and ...

Over the past four decades, China has been involved in an economic globalization process that has generated millions of job opportunities, thereby encouraging population migration. Many studies discuss the link between economic globalization and international immigration, but lit...

The US has shaken itself and the world in recent months. US House Speaker Nancy Pelosi's potential visit to Taiwan island has significantly escalated tensions between China and the US. In June, the Supreme Court eliminated the constitutional right to an abortion. The enraged publ...

Biden administration's 'Indo-Pacific' strategy is characterized by full-on competition and confrontation and zero cooperation. When Joe Biden came into the White House, he vowed to jettison much of the Donald Trump administration's controversial foreign and domestic policies and ...

Liz Truss is the new British Prime Minister. She beat her Conservative rival Rishi Sunak by tacking strongly to the right. No doubt the fact that she is white, and Sunak is brown, was also a major factor for the 170,000 overwhelmingly white Conservative Party members who voted. I...