According to the WTO rules, governments are allowed to take measures in order to protect human health, as well as animal and plant health, provided that the enforced measures are not disguised protectionism. Whether measures enforced under the SPS and TBT agreements do not translate into...

Since Roll (The Journal of Finance 47(1):3-41, 1992) and Heston and Rouwenhorst (Journal of Financial Economics 36:3-27, 1994), there has been a debate whether country factors in international stock returns are typically more variable than sector factors. The addition of emerging markets (EMs)...