Results 81 to 90 of about 168,643 (263)
Banking market consolidation in Asia: Evidence from acquirers, targets, and rivals
International Journal of Finance &Economics, EarlyView.Abstract We analyse the financial sector consolidation in Asia by using a comprehensive sample of bank M&As from 1995 to 2021. Our results show that M&A announcements by Asian domestic acquirers are associated with significant positive stock price returns to both acquirers and their rivals.
Sascha Kolaric +2 more
wiley +1 more source
The New Classical Counter-Revolution: False Path or Illuminating Complement? [PDF]
In this paper the author responds to Laurence Seidman’s recent article, ‘The New Classical Counter-Revolution: A False Path for Macroeconomics’. The author challenges the view that new classical macroeconomics has been a false path and provides a ...
Brian Snowdon
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Negative interest rate policy and bank risk‐taking: Search for yield or de‐leverage?
International Journal of Finance &Economics, EarlyView.Abstract Since 2012, many central banks have implemented negative interest rate policies (NIRPs). While two opposing hypotheses about the effectiveness of NIRPs have emerged in the academic: the “de‐leverage effect” and the “search‐for‐yield effect.” The long‐term use of NIRPs provides a rare and important setting to re‐examine the relationship between
Wenjin Tang +3 more
wiley +1 more source
Quantitative macroeconomics with heterogeneous households [PDF]
Macroeconomics is evolving from the study of aggregate dynamics to the study of the dynamics of the entire equilibrium distribution of allocations across individual economic actors.
Giovanni L. Violante +2 more
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The impact of new millennium crises on the power of Islamic banks in deposit markets
International Journal of Finance &Economics, EarlyView.Abstract We investigate the impact of three crises on the power of Islamic banks in deposit markets: the Global Financial Crisis, 2007–2009 (GFC), the Arab Spring political crisis, 2011–2013, and the COVID‐19 health crisis, 2020–2022. Applying difference‐in‐difference (DID) and GMM techniques to panel data for 2004–2022, we find that the power of ...
Maryam Alhalboni, Kenneth Baldwin
wiley +1 more source
The Paradoxical Fate of the Representative Firm [PDF]
While modern theorising on the microfoundation of macroeconomics makes intense use of the representative firm notion, severe objections have been raised.
Frank Schohl
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Communicating tokenomics and monetary policy: A comparative analysis of real and virtual economies
International Journal of Finance &Economics, EarlyView.Abstract This article investigates the economic governance of blockchain‐based virtual economies in the context of monetary policy. Focusing on tokenomics communication, we employ deductive and inductive approaches, applying real‐world monetary policy metrics and text mining frameworks. Our comparative analysis reveals that the tokenomics communication
Kane Falco ter Veer, Timo Heinrich
wiley +1 more source
Commentary on "Macroeconomic implications of changes in the term premium" [PDF]
Macroeconomics ...
John H. Cochrane
core
International Journal of Finance &Economics, EarlyView.ABSTRACT This research aims to explore and understand the dynamic nature of volatility connectedness between BRICS stock markets and various asset price implied volatility indices through a TVP‐VAR broadened connectedness approach. Results display nontrivial dynamic connectedness in the BRICS stock markets and uncertainties in different markets during ...
Halilibrahim Gökgöz +3 more
wiley +1 more source
Clothes for the Emperor or Can Graduate Schools Learn From Undergraduate Macroeconomics? [PDF]
The current crisis is not only one of financial markets, but also of macroeconomics. Leading scholars call for a paradigm shift away from dynamic general equilibrium models, though some argue that the profession's arsenal already contains the tools and ...
Florian Jung, Manfred Gärtner
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