This study investigates how financial sanctions packages targeting Russia influenced traditional information flow dynamics with other international financial markets and products. While providing empirical evidence regarding the use of payment systems and finance as weapons of war, it is crucial...

Recent papers that have explored spot and futures markets for Bitcoin have concluded that price discovery takes place either in the spot, or the futures market. Here, we consider the robustness of previous price discovery conclusions by investigating causal relationships, cointegration and price...

We study the impact on a country’s economy of sharing a direct land border with a country experiencing conflict. Through analysing sixty-three major episodes of regional instability during the period between 1990 and 2016 by using panel data methods applied to unrestricted error correction...

When did finance stop thinking about behaviour? The ascendency of the "rational man" model of finance has been strongly influenced by the notion of markets as being akin to natural systems. The question rapidly changes from asking when did finance stop thinking about behaviour to when did...