European Financial Management, EarlyView.ABSTRACT In the face of climate change, uncertainty is deep, systemic, and does not propagate amid an institutional vacuum, contrary to assumptions often underlying existing macroeconomic climate models. The paper presents a macroeconomic Stock‐Flow Consistent model to examine the impact of climate‐related financial pressures under fundamental ...
Riccardo D'Orsi
wiley +1 more source
Decoding exchange rate in emerging economy: Financial and energy dynamics. [PDF]
HeliyonUllah S, Nobanee H.
europepmc +1 more source
A U‐Shaped Flow–Performance Sensitivity Across the Globe
European Financial Management, EarlyView.ABSTRACT Using a worldwide sample of equity mutual funds, we document a new stylized fact: the flow‐performance sensitivity (FPS) is greater for both bottom and top performance, compared to the middle. This “U‐shaped” FPS is especially strong in down markets, for small/mid‐cap funds, and in the latest decade. These results hold over quarterly or yearly
Markus Broman, Kelley Bergsma Lovelace
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Cross-Border Cooperation for One Health in Central Asia: Strengthening Systems and Securing Futures through Regional Health Diplomacy. [PDF]
Health Promot PerspectChattu VK +4 more
europepmc +1 more source
Global Banks and Local Rules: The Effects of Macroprudential Policy on US Bank Branch Lending
European Financial Management, EarlyView.ABSTRACT The discretionary nature of macroprudential policy implementation may stimulate regulatory arbitrage opportunities by global banks, undermining national regulators’ efforts to fine‐tune business, credit or financial cycles within the domestic perimeter. This paper examines how local macroprudential tools affect the lending behaviour of foreign
Carmela D'Avino +3 more
wiley +1 more source
Generalized spatial two stage least squares analysis of foreign direct investment air pollution and green technology innovation in Chinese cities. [PDF]
Sci RepWang Y, Gao X, Li H.
europepmc +1 more source
Geopolitical Risk and Domestic Bank Deposits
Financial Management, EarlyView.ABSTRACT We investigate the relationship between global geopolitical risk and bank deposit flows across a wide panel of European countries. Motivated by the pivotal role of deposit stability for financial intermediation and systemic resilience, we explore whether geopolitical shocks alter depositors’ portfolio choices.
Dimitris Anastasiou +3 more
wiley +1 more source
Affiliated Mutual Funds: Beyond the Reach of the Invisible Hand?
Financial Management, EarlyView.ABSTRACT In many countries, banks are the primary distribution channel for mutual funds and predominantly sell products issued by their own asset management divisions (“affiliated funds”). We examine how this lack of competition affects managerial activeness, fund performance, and investor outcomes.
Dominik Scheld +3 more
wiley +1 more source
The impact of the digital economy on the green transformation of the sports industry: the moderating role of marketization of data factors. [PDF]
Front Sports Act LivingZhang X +4 more
europepmc +1 more source
Financial Management, EarlyView.ABSTRACT We examine how US cross‑listing shapes the sensitivity of non‑US firms’ home‑market liquidity to economic policy uncertainty (EPU). Using a matched global panel of 1894 American Depositary Receipts (ADRs) and comparable non‐cross‑listed firms from 20 countries between 1997 and 2024, we separately identify the effects of home‑country EPU and US
Fnu Pratima, Sanjiv Sabherwal
wiley +1 more source