This study aims to examine digital technology adoption and globalization innovation implications on green sustainable economic growth on Asian Pacific selected countries (Malaysia, Indonesia, Singapore, Philippines, Thailand, Japan, India, Korea, China, New Zealand, Australia) via integrating...

Information technology (IT) is all-pervading, and as an infrastructure, it is likely to mold institutional quality. As such, we examine whether IT availability and use moderate the relationship between country-level institutional quality and firm performance. Using the Economic Freedom Index of...

Purpose of the article: The purpose of this paper is to investigate whether there is a relationship between the level of digitalisation and social stability (satisfaction) in EU countries through two main indices. There are many predominantly benefits associated with digitalisation, which can be...

Online peer-to-peer (P2P) lending has emerged as an innovative financial technology (FinTech) platform that renders financial services that are potentially more inclusive and affordable than those offered by traditional financial institutions. A similar purpose is served by cryptocurrency...

Do information technology (IT) investments improve firm profitability? If so, is this effect because such investments help improve sales, or is it because they help reduce overall operating expenses? How does the effect of IT on profitability compare with that of advertising and research and...

Comprehensive global cooperation is essential to limit global temperature increases while continuing economic development, e.g., reducing severe inequality or achieving long-term economic growth. Achieving long-term cooperation on climate change mitigation with n strategic agents poses a complex...

In this paper we measure the systemic risk in a set of large international banks. We first measure the contribution of a financial institution to international systemic risk. Importantly, we show the existence of an asymmetric non-linear contribution of banks to systemic risk depending on...

This paper proposes a novel approach to uncover the linkages of the housing market and macroeconomy for fifteen OECD countries. One of the limitations of conventional approach is that it does not distinguish the time domain from the frequency domain. However, econometric and economic rationale...

In today's turbulent marketplace with unprecedented portfolio turnover, transition activity and drawdowns, one must identify and eliminate all sources of Sharpe ratio erosion. In this environment, trading costs and risks are significant contributors to this performance drag and avoiding them is...

In this paper, we analyse the effects of a shock to global financial uncertainty and risk aversion on real economic activity. To this end, we extract a global factor, which explains approximately 40% of the variance of about 1000 risky asset returns from around the world. We then study how...