This paper aims to provide a more comprehensive understanding of the impact of financial developments on output volatility. Using cross-sectional and panel datasets for 79 countries from 1961 to 2012, we find that financial expansion plays a significant role in mitigating output volatility,...

Few blockchain centric projects have gone beyond their white paper or proofs-of-concept. While many have fallen below expectations and failed to address the fundamental issues of scalability, privacy, and trust distribution, there are a few “imperfect” projects that are making an impact on...

The saying ‘buyer be aware’ has been used as an excuse from a seller’s perspective to withhold information that could negatively impact a transaction. This asymmetric information is especially prevalent in high–value, low-frequency assets. Using New Zealand real estate as an exemplar to...

An emerging financial innovation enabled by the Blockchain technology in agricultural supply chains is the capability to “tip the farmers.” This innovation empowers socially- conscious customers to identify the individual farmers of their sustainably-sourced products and reward these farmers...

By transforming how transactions are recorded, verified, and arranged, while eliminating the need for intermediaries, blockchain is generating a shift in focus away from centralized structures (e.g., exchanges, trading platforms, energy companies) towards decentralized systems (e.g., end...

In this paper, we use the widely popular business model canvas, which was previously adapted for the blockchain environment, to assess the experiences and perceptions of Slovenian Small and Medium Sized-Companies (SMEs) pertaining to blockchain technologies. The results reveal that SMEs expect...