Fintech Innovation in the Financial Sector: Influence of E-Money Products on a Growing Economy
The FinTech innovation of e-money products in the financial sector has not gained sufficient recognition in Nigeria’s developing country. Despite the numerous economic benefits associated with this innovation, physical cash for financial transactions is ...
Omodero Cordelia Onyinyechi
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WIBOR, WIRON, WIBID, POLONIA as reference rates for bank loans
The paper discusses issues connected with the use of selected indices (WIBOR, WIBID, WIRON, POLONIA) as benchmarks for bank loans. In the introduction, the author addresses the problem of manipulation of rates, which are characterized by the forecasting ...
Król Patryk
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The Impact of Macroprudential Policy on Credit Growth in Nine Euro Area Economies
In this paper, we investigate the impact of macroprudential policy measures (bundled together into a macroprudential policy index, MPI) on the non-financial corporate sector credit and household credit growth using a one-step system GMM empirical ...
Lorenčič Eva+2 more
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The purpose of the article is to assess the gap between people’s readiness for effective activity in the digital economy and to identify the functional capabilities of universities to reduce this gap. The research used methods of generalizations, logical,
Stepura Tetiana, Kuzmak Olena
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Monetary policy effects on equity returns: application of SVAR identified with high-frequency external instrument [PDF]
The purpose of this study is to examine the effects of monetary policy on equity returns by applying an alternative econometric approach. Campbell and Ammer (1993) decomposed unexpected equity excess returns into three news components: risk premium news,
Woon Wook Jang
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Debt Spillovers in a Monetary Union: A Novel Rationale for Central Bank Independence
Central bank independence has been championed on the grounds that it avoids political business cycles, the time-inconsistency problem of discretionary monetary policy, and political conflicts.
Campoy Juan Cristóbal+1 more
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Examining the effect of credit on monetary policy with Markov regime switching: Evidence from Turkey
This paper analyses the effect of credit on monetary policy responses for different regimes in Turkey. To do so, the Taylor rule augmented with the credit gap is estimated by using a Markov regime switching model from January 2006 to December 2019.
İlhan Ali
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Testing the Validity of the Long Run Neutrality of Money in Nigeria
Research background: There is no consensus among scholars on the interaction effect between money supply, price, and wages despite various studies conducted to that effect.
Ugwu Ephraim+3 more
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Monetary Policy and Domestic Investment in Nigeria: The Role of the Inflation Rate
Economic theory suggests that monetary policy can be used to stabilize an economy. However, the ability of monetary policy targets—interest rates and money supply—to stabilize an economy depends on their ability to achieve price stability.
Ezeibekwe Obinna Franklin
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Differences in Capital Market Network Structures under COVID-19
This paper analyses the structural changes of the underlying stock and currency markets as well as the industrial productions by using a minimum spanning tree graph on a Central and East European sample.
Kiss Gábor Dávid+2 more
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