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Reports on a British Library‐funded investigation of the impact of an eight‐week library closure on the behaviour and attitudes of public library users in Sheffield. Surveys of users, bookshops and other libraries provided evidence about the importance of individual services to users, the possible replacement of services from other sources, and the effect of the closure on the local infrastructure. An assessment was made of the robustness of the library habit and its vulnerability to competition. This was accomplished by investigating the take‐up of alternative leisure pursuits, users’ future intentions, and by comparing forecast with actual book issues for the six months following the end of the strike. The data suggest that for the vast majority of library users the public library is a service of great value, enhancing quality of life, and fulfilling an essential need that no other pursuit or activity satisfies.

This study aims to investigate the relationship between stock markets, environmental, social and governance (ESG) factors and Shariah-compliant in an integrated framework.

The authors employ the multivariate factor stochastic volatility (mvFSV) framework to extract the volatility of the different sectoral indices. Based on this evidence, the authors employ the quantile vector autoregressive (QVAR) approach to examine the dynamic spillover connectedness among the aforementioned indices.

The study emphasizes the following major findings: (1) significant time-varying spillover connectedness across quantiles, (2) bidirectional and asymmetric spillover effect among the ESG index and the other sectoral indices, (3) the strength of spillover connectedness is time-varying across quantiles, (4) based on the perspective of portfolio optimization, ESG market is a significant strong forecasting contributor to conventional and Shariah-compliant markets, (5) overall, the findings point out serious quantile pass-through effect among ESG index and the other sectoral indices during the COVID-19 health crisis.

This study extends the previous literature in the following ways. First, to the best of the researchers’ knowledge, none of the existing studies have investigated the relationship between stock markets, ESG factors and Shariah-compliant in an integrated framework. Second, this study extends the previous scholarships by applying the mvFSV. Third, the authors propose a new rolling version to estimate dynamic spillovers, namely the rolling-window quantile VAR method. This approach provides a great advantage in computing the dynamics of return and variance spillover between variables in terms not only of the overall factor but also of the net (pairwise) aspect.