This study proposes a social-financial approach (SFA) to fill the methodological research gap in strategic policy design for managing financial transitions during social changes. The SFA seeks to characterize inclusive transitions in response to innovation and analyze financial management in...

This article compares a general cross-lagged model (GCLM) to other panel data methods based on their coherence with a causal logic and pragmatic concerns regarding modeled dynamics and hypothesis testing. We examine three “static” models that do not incorporate temporal dynamics: random- and...

In Markowitz portfolio optimization problems, the estimation of the inverse covariance matrix is not trivial and could even be intractable when the dimension is very high. In this article, we propose a linear portfolio optimizer (LPO) to solve Markowitz optimization problems in both...