Results 91 to 100 of about 5,363 (216)
Inference via the Skewness‐Kurtosis Set
International Statistical Review, EarlyView.Summary Kurtosis minus squared skewness is bounded from below by 1, but for unimodal distributions, this parameter is bounded by 189/125. In some applications, it is natural to compare distributions by comparing their kurtosis‐minus‐squared‐skewness parameters. The asymptotic behavior of the empirical version of this parameter is studied here for i.i.d.
Chris A. J. Klaassen, Bert van Es
wiley +1 more source
Specification Tests for Jump‐Diffusion Models Based on the Characteristic Function
International Statistical Review, EarlyView.Summary Goodness‐of‐fit tests are suggested for several popular jump‐diffusion processes. The suggested test statistics utilise the marginal characteristic function of the model and its L2‐type discrepancy from an empirical counterpart. Model parameters are estimated either by minimising the aforementioned L2‐type discrepancy or by maximum likelihood ...
Gerrit Lodewicus Grobler +3 more
wiley +1 more source
The essence of cryptocurrency and cryptocurrency pricing model.
ASEJ Scientific Journal of Bielsko-Biala School of Finance and Law, 2020 XXX
openaire +1 more source
JCMS: Journal of Common Market Studies, EarlyView.Abstract The future of money is a crucial issue in the digital age, and the emergence of central bank digital currencies (CBDCs) is widely recognised as a transformative development. However, despite its significant implications for monetary sovereignty, regulatory governance and strategic autonomy, we know relatively little about the political ...
Sebastian Heidebrecht
wiley +1 more source
Central Bank Digital Currency with Collateral‐Constrained Banks
Journal of Money, Credit and Banking, EarlyView.Abstract We analyze risks to bank intermediation following the introduction of a central bank digital currency (CBDC) competing with commercial bank deposits as households' source of liquidity. We revisit the equivalence of payment systems result, introducing a collateral constraint on banks' borrowing from the central bank.
HANFENG CHEN, MARIA ELENA FILIPPIN
wiley +1 more source
Green Bond Paper Topics, Journal Metrics and Post‐publication Diffusion
Journal of Economic Surveys, EarlyView.ABSTRACT Green bonds are important financial instruments in sustainable finance, generating a rapidly expanding academic literature. This paper identifies the topics analyzed in green bond academic research and examines how these topics are associated with journal and post‐publication diffusion metrics. Using 1048 paper abstracts published between 2015
Paraic McGee, Tom Egan, Sheila O'Donohoe
wiley +1 more source
Platform Bricolage as an Approach for Industrial Digital Platform‐Based Innovation
Journal of Product Innovation Management, EarlyView.ABSTRACT This study introduces platform bricolage as an approach for industrial digital platform‐based innovation. Using a rich multiple‐case study design, it examines bricolage‐based modes of practice in the early formation of industrial digital platforms.
Nikolina Koporcic +3 more
wiley +1 more source
Journal of Product Innovation Management, EarlyView.ABSTRACT We advance an audience‐based view of incumbent adoption of potentially discontinuous technologies. Drawing on theories of discursive institutional processes and categorical legitimacy, we model how incumbents navigate mixed judgments from external groupings in their environment, that is, audiences, when adopting prospective discontinuous ...
Tatjana Schneidmüller +3 more
wiley +1 more source
Financial inclusion status and cryptocurrency usage in the U.S.
International Review of Economics & FinanceThis paper examines cryptocurrency adoption among unbanked, underbanked, and fully banked households in the United States, using data from the 2023 FDIC National Survey of Unbanked and Underbanked Households; the first wave of the survey to include ...
Claudia Njilla, Mika Kato
doaj +1 more source
Regulating critical technologies: National security and intellectual property
The Journal of World Intellectual Property, EarlyView.Abstract In recent years, claims of ‘national security’ have surged internationally to protect various security interests including public health, economic security and cybersecurity. National industrial strategies for building critical technologies challenge the scope of ‘national security’ in international intellectual property (IP) protection ...
Phoebe Li, Atilla Kasap
wiley +1 more source