This paper investigates the effects of healthcare expenditure on bank deposits in a cross-country analysis. We use government healthcare expenditure, and government and compulsory contribution on the healthcare system as a proxy for healthcare development. The results show a positive...

Financial capability is a crucial component in ensuring individuals can achieve financial wellbeing now and in the future. This paper explores the relationship between psychological factors and financial capability, and consequently proposes a new hybrid model of financial capability leveraging...

We explore success drivers of reward-based crowdfunding for poverty alleviation in China. The results from our econometric modeling using data from 4375 reward-based crowdfunding campaigns suggest that poverty alleviation campaigns, as compared to ordinary ones, benefit from higher funded...

In the last few decades, the frequency and intensity of extreme weather events have increased in many parts of the world, including Canada, as a result of global warming. Climate warming in Canada is about double the magnitude of global warming; therefore, the effects of weather catastrophes are...

This study investigates the effect of capital on asset and liability-liquidity risk measures and the impact of periods of stability and crises. Using an unbalanced panel of 18,670 commercial banks in the USA from 1993Q1-2021Q2, we find some variation across our measures of liquidity risk. For...