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The rise of digital finance: Financial inclusion or debt trap [PDF]
This study focuses on the impact of digital finance on households. While digital finance has brought financial inclusion, it has also increased the risk of households falling into a debt trap. We provide evidence that supports this notion and explain the channel through which digital finance increases the likelihood of financial distress.
Pengpeng Yue+3 more
arxiv +3 more sources
A model-free approach to continuous-time finance [PDF]
We present a non-probabilistic, pathwise approach to continuous-time finance based on causal functional calculus. We introduce a definition of self-financing, free from any integration concept and show that the value of a self-financing portfolio is a pathwise integral (every self-financing strategy is a gradient) and that generic domain of functional ...
arxiv +1 more source
More than half of the municipalities in France are affected by flood risk. In this context, our study aims to measure both the physical and social vulnerability of urban populations to flooding over the last twenty years (1999-2017).
Kenji Fujiki, Olivier Finance
doaj +1 more source
International Trade Finance from the Origins to the Present: Market Structures, Regulation and Governance [PDF]
This chapter presents a history of international trade finance - the oldest domain of international finance - from its emergence in the Middle Ages up to today. We describe how the structure and governance of the global trade finance market changed over time and how trade credit instruments evolved.
arxiv +1 more source
Diaphragmatic motion recorded by M-mode ultrasonography: limits of normality
Chest ultrasonography has proven to be useful in the diagnosis of diaphragm dysfunction. The aim of the present study was to determine the normal values of the motion of both hemidiaphragms recorded by M-mode ultrasonography.
Alain Boussuges+3 more
doaj +1 more source
Assessment of the level of financial and economic security at machine-building enterprises: evidence from Ukraine [PDF]
Determining the level of financial and economic security of an enterprise allows assessing the real possibilities to confront internal and external challenges and defining the potential for future development. To develop proposals on assessing this level,
Alla Cherep+3 more
doaj +1 more source
Possibilty of applying Bull algebra in creating an accounting information system [PDF]
Modern business organizations are facing a multidimensional problem of creating an accounting information system is a multidimensional problem. The presence of mathematics in solving such problems is often a necessity, which is why, in this case ...
Lojaničić Darko+2 more
doaj +1 more source
The Saint-Laurent church in Paris is a good example of how stained glass witnessed a renaissance during the nineteenth century. Three commissions signed between 1846 and 1888 with stained glass artists of renown bear witness to the evolution of this art ...
Laurence de Finance
doaj +1 more source
La datation des objets : quelques exemples concrets
The act of dating an object implies the restitution of the period in which it was created. It is an act which can give the object a status as a marker for dating other objects with similar stylistic characteristics.
Laurence de Finance
doaj +1 more source
Changing patterns of business behavior: The Ukrainian experience of adaptation of global accounting and financial mechanisms [PDF]
In the context of growing turbulence in economic development, it becomes necessary to determine the main patterns of interaction between business and its counterparties. The purpose of this study is to determine behavior patterns - patterns and eliminate
Calinescu Tetyana+2 more
doaj +1 more source