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)...

COVID-19 represents one of the biggest pandemic faced by humanity in recent times, spreading to almost all countries and territories on all continents. Because it spread so suddenly and quickly, COVID-19 produced an unparalleled increase in demand in personal protective equipment, medical...

Introduction / Mathias Dewatripont, André Sapir and Khalid Sekkat -- How much has LDC trade affected Western job markets? / Richard Freeman and Ana Revenga -- Relative prices, trade and restructuring in European industry / Damien Neven and Charles Wyplosz -- Labour market effects of trade with...