The rise of China and fivefold growth of its stock market over the past decade have fueled a
growing literature on this market in financial economics. On the corporate side, researchers …

New Issues in Islamic Finance & Economics: Progress and Challenges provides a review of
the main issues and challenges facing Islamic finance. The application of Islamic finance is …

We investigate the effect of the capital market opening on green innovation. Using the
Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect as a quasi …

What capital allocation role can China's stock market play? Counter to perception, stock
prices in China have become as informative about future profits as they are in the US. This …

The literature on the benefits and costs of financial globalization for developing countries
has exploded in recent years, but along many disparate channels with a variety of …

Using the number of FinTech firms in each prefecture-level city to measure its development,
this study explores the impact of FinTech on the investment efficiency of small and medium …

The literature on the benefits and costs of financial globalization for developing countries
has exploded in recent years, but along many disparate channels with a variety of …

Research on the macroeconomic impact of capital account liberalization finds few, if any,
robust effects of liberalization on real variables. In contrast to the prevailing wisdom, I argue …

This paper provides evidence that credit constraints are an important determinant of
international trade flows. I exploit shocks to the availability of external finance and examine …

We study the impact of foreign institutional investors on price efficiency with firm-level
international data. Using additions to the MSCI index and the US Jobs and Growth Tax …