Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Aairs Federal Reserve Board, Washington, D.C. Distance Still Matters: The Information Revolution in Small Business Lending and the Persistent Role of Location, 1993-2003 [PDF]
Kenneth P. Brevoort +2 more
openalex
Information Flows, Stock Market Volatility and the Systemic Risk in Global Finance
ABSTRACT Information flows are a theoretical explanation for stock market volatility, but controversy remains regarding how to measure them. Based on cross‐sectional and temporal properties of information flows, we decompose total trading volume into four types: cross‐country shocks and country‐specific shocks due to arrivals of private information ...
Yen‐Hsiao Chen +3 more
wiley +1 more source
Behavioral economics, lifestyle, and health-related factors associated with participation in breast and cervical cancer screenings: A cross-sectional analysis of Japanese women. [PDF]
Satoh M, Sato N, Sekino M.
europepmc +1 more source
Major Conundrums and Possible Solutions in DeFi Insurance
ABSTRACT This paper empirically explores the early development of insurance projects in the decentralised finance (DeFi) industry, which is based on disruptive technologies like blockchain and smart contracts. A brief history of DeFi is narrated, stressing four risks of DeFi (volatility risk, cyberattack risk, liquidity risk, and regulation risk) and ...
Peng Zhou, Ying Zhang
wiley +1 more source
Emerging contemporary monetary policy issues in Africa: An application of wavelet and quantile techniques to climatic shocks on inflation. [PDF]
Mamman SO +3 more
europepmc +1 more source
Exchange Rate Risk and Deviations From Purchasing Power Parity
ABSTRACT This paper proposes a new solution to the purchasing power parity (PPP) puzzles, arguing that investors' higher‐order risk attitudes, combined with higher‐order uncertainty about nominal exchange rates, as reflected by skewness and kurtosis, drive a risk premium that leads to deviations from PPP.
Michael G. Arghyrou +2 more
wiley +1 more source
Do government outlays crowd-out private consumption? Evidence from the European Union. [PDF]
Bölükbaşı ÖF, Çolak O.
europepmc +1 more source
ABSTRACT This paper provides new evidence and insights about the finance‐investment nexus by assessing and comparing the impacts of different aspects of financial development on investment. The study uses data for 88 countries from 1996 to 2019, and the estimates are based on dynamic panel data methodology.
Gabriel Caldas Montes +1 more
wiley +1 more source

