Environmentally induced conflicts can trigger migration. This paper analyzes the location decisions of migrants, i.e., the "sorting" of migrants into alternative destinations. We argue that this sorting depends on a variety of factors. The selection of migrants affects preferences over where to...

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...