Search Results - subject_exact:"Financial market"

Short-term forecasting of the JSE All-Share Index using gradient boosting machines

Mukhaninga, Mueletshedzi; Ravele, Thakhani; Sigauke, Caston - 2025

This study applies Gradient Boosting Machines (GBMs) and principal component regression (PCR) to forecast the closing price of the Johannesburg Stock Exchange (JSE) All-Share Index (ALSI), using daily data from 2009 to 2024, sourced from the Wall Street Journal. The models are evaluated under...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015447938

Central bank and media sentiment on central bank digital currency : an international perspective

Hofmann, Boris; Tang, Xiaorui; Zhu, Feng - 2025 - This version: 8 July 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015448685

"Dollarization vs. bitcoinization in Türkiye : which is more dangerous for the financial market?"

Jabbour, George M.; Mansour-Ichrakieh, Layal - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015405749

Investor psychology in the Bangladesh equity market : an examination of herding behavior across diverse market states

Haque, Muhammad Enamul; Imam, Mahmood Osman - 2025

The results reveal significant evidence of herding in the overall, bearish, and extended crisis market phases during extreme downturns, while the magnitude of market returns in the tail distribution is considered. Asymmetric herding behavior is more pronounced and prevalent, conditioned by...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015408931

The role of regulatory sandboxes in FinTech innovation : a comparative case study of the UK, Singapore, and Hungary

Kálmán, János - 2025

Regulatory sandboxes have emerged as policy instruments designed to support FinTech innovation while maintaining supervisory oversight. By allowing firms to test financial products in controlled environments, sandboxes aim to reduce regulatory uncertainty and facilitate market entry. Despite...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015432875

Assessing the resilience of the financial market : a multistage approach in the context of the COVID-19 pandemic

Grosu, Maria; Mihalciuc, Camelia Cătălina; Maha, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015553198

Following the crowd : unveiling the impact of macroeconomic shocks and monetary policy shifts on herding dynamics in the Bangladesh equity market

Haque, Muhammad Enamul; Imam, Mahmood Osman - 2025

The study examines the dynamics of herding behavior in relation to macroeconomic shocks and monetary policy shifts in the Bangladesh equity market. By employing robust empirical methodologies across distinct market states including bullish, bearish, crisis, extended crisis, and COVID-19 phases,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015553248

Quantitative modeling of speculative bubbles, crash dynamics, and critical transitions in the stock market using the log-periodic power-law model

Singh, Avi; Mahadeva, Rajesh; Sarda, Varun; Goyal, Amit … - 2025

The global economy frequently experiences cycles of rapid growth followed by abrupt crashes, challenging economists and analysts in forecasting and risk management. Crashes like the dot-com bubble crash and the 2008 global financial crisis caused huge disruptions to the world economy. These...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015584534

The impact of political risks on financial markets : evidence from a stock price crash perspective

Ma, Yanping; Wei, Qian; Gao, Xiang - 2024

Political risk, one of the most significant uncertainty shocks, affects firms' future attitudes toward risks and plays a crucial role in their decision making. A stock price crash risk is a classical topic in financial markets; therefore, this paper probes the relationship between firm-level...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014636314

Financial returns, sentiment and market volatility : a dynamic assessment

Borgioli, Stefano; Gallo, Giampiero M.; Ongari, Chiara - 2024

In 1936, John Maynard Keynes proposed that emotions and instincts are pivotal in decision-making, particularly for investors. Both positive and negative moods can influence judgments and decisions, extending to economic and financial choices. Intuitions, emotional states, and biases...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015179749

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Financial returns, sentiment and market volatility : a dynamic assessment

Borgioli, Stefano; Gallo, Giampiero M.; Ongari, Chiara - 2024 - Prima edizione

Edition: Prima edizione

Book / Working Paper

The impact of Islamic banks' profitability index on the performance of the Amman Stock Exchange during 2011-2021

Sharrab, Maher Mohammad Saleh; Zaid Othman Mohammed Dannoun - 2024

In the evolving global economic landscape marked by technological advancements, liberalized markets, and the ascent of multinational corporations, Islamic banks have emerged as pivotal entities within the new economic paradigm, addressing the financial needs of societies eschewing Riba...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014529510

Analysing the disruptive effect of economic downturns on stock market crashes in European financial markets

Antohi, Valentin Marian; Zlati, Monica Laura; Ionescu, … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014536152

Valuing algorithms over experts : evidence from a stock price forecasting experiment

Hanaki, Nobuyuki; Mao, Bolin; Tse, Tiffany Tsz Kwan; … - 2024

This study examined participants' willingness to pay for stock price forecasts provided by an algorithm, financial experts, and peers. Participants valued algorithmic advice more highly and relied on it as much as expert advice. This preference for algorithms - despite their similar or even...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015141927

Predicting stock price direction of Eurozone banks : can deep learning techniques outperform traditional models?

Anghel, Bogdan Ionut - 2024

Due to market volatility and complex regulations, forecasting stock price movements within the European banking sector is highly challenging. This study compares the predictive performance of Bidirectional Long Short-Term Memory (BiLSTM) and Long Short- Term Memory (LSTM) with traditional models...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374775

Should South Asian stock market investors think globally? : investigating safe haven properties and hedging effectiveness

Gazi, Md. Abu Issa; Nahiduzzaman, Md.; Sarker, Sanjoy Kumar - 2024

In this study, we examine the critical question of whether global equity and bond assets (both green and non-green) offer effective hedging and safe haven properties against stock market risks in South Asia, with a focus on Bangladesh, India, Pakistan, and Sri Lanka. The increasing integration...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015197820

Navigating volatility spillover amidst investor extreme fear in stablecoin and financial markets

Ti, Alicia; Husodo, Zaäfri Ananto - 2024

Investor sentiment has the potential to serve as a predictive factor for cryptocurrency assets, yet its impact on volatility spillover across markets remains uncertain. This research investigates the influence of investor sentiment classification on the volatility spillover from stablecoins to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015325996

The effect of financial development on economic growth among the Central and Eastern European countries

Tang, Donny - 2024

To control for the endogeneity problem, this study applies the two-stage least squares technique to examine the impact of bank and stock market development on economic growth in the thirteen Central and Eastern European (CEE) countries in the European Union (EU) during 2001-2020. The first...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015415526

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The effect of financial development on economic growth among the Central and Eastern European countries

Tang, Donny - 2024

Article

Quantifying greenhouse gas emissions through financial market's development in Tunisia : empirical evidence from novel dynamic ARDL techniques

Karaca, Ali; Bin Salman, Abdulrahman Khalid; Oueslati, Tarek - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616951

Green finance and renewable energy in emerging markets : exploring the roles of financial development

Epor, Simon Okaja; Akande, Joseph Olorunfemi - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617032

Scaling CESEE innovation : ecosystem dynamics and strategic relocation opportunities

Bykova, Alexandra; Guadagno, Francesca; Gutzianas, Ioannis - 2026

Europe's innovation bottleneck increasingly manifests in the difficulty of scaling promising startups into globally competitive firms. Central, East and Southeast Europe (CESEE) is particularly exposed to this due to limited finance and local acquirers, which lead to serious risks of relocation...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617494

Repo market networks : dynamics under financial stress

Schöller, Vanessa - 2026

The smooth functioning of the repo market is essential to financial stability. However, the market has faced repeated episodes of stress in recent years. This paper examines the resilience of the euro-denominated repo market during recent episodes of elevated financial stress, drawing on...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618106

The equity market implications of the retail investment boom

Beck, Philippe van der; Cohen, Cameron; Jaunin, Coralie - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618239

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The equity market implications of the retail investment boom

Beck, Philippe van der; Jaunin, Coralie - 2021

Book / Working Paper

Does Islamic banking promote environmental sustainability? : evidence from QISMUT countries

Smolo, Edib - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618421

Green bond market performance : does investor sentiment contagion matter?

Le Thuy Duong Ha; Hoque, Ariful; Le, Thi - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618423

Public savings banks as transformative agents for an eco-social future? : towards a sustainable savings and investment union

Klüh, Ulrich; Naji, Ilia; Ötsch, Silke - 2026 - This version: June 9, 2026

The paper explores whether and how public savings banks can be transformed into meaningful agents of change for a more sustainable financial system. It outlines concrete elements of an ambitious transition program. We take as context the efforts to further integrate European financial markets...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654674

Money manager capitalism and the growth and spread of Ponzi finance, private market version

Tymoigne, Éric - 2026

Private debt and equity markets have been a funding source for nascent and credit constrained businesses for several decades. Following the 2008 financial crisis, an economic environment characterized by low interest rates, cautious banks, and tighter financial regulations - together with money...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654677

Tracing the history of asset price bubble theory : a literature review

Dubach, Sally - 2026

The literature on rational asset price bubbles has grown substantially, yet its internal logic is difficult to trace without reading across a large and technically demanding body of work. This paper provides a guide to the literature on rational asset price bubble theory, tracing its evolution...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654770

Sustainable finance, reflexive law, and the epistemic infrastructure of financial markets

Hilbrich, Sören - 2026

In recent years, the European Union (EU) has introduced several policy measures to better align financial markets with sustainability goals. So far, these policies have mainly aimed to improve how information on the sustainability impacts of investments is collected and transmitted. Policymakers...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655138

Welcome to the age of longevity capitalism

Dal Maso, Giulia - 2026

This essay coins and develops the concept of Longevity Capitalism, a biopolitical and financial regime in which both the condition of living longer and the pursuit of longevity are transformed into frontiers of accumulation. As financialisation extends into the domain of ageing, longevity - once...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655150

Beyond banks: trust among the financially underserved

Boel, Paola; Puzzello, Daniela; Zimmerman, Peter - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015619026

Taxing speculative trades as a prudential policy

Park, Junghum - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015562419

Green finance for environmental sustainability in Nepal

Bista, Smeeth; Bishwakarma, Sagar - 2026

This study examines the relationship between green finance and environmental sustainability in Nepal from 1990 to 2023. Constructing the index for financial development by using Principal Component Analysis (PCA), the relationship is explored using Auto-Regressive Distributed Lag (ARDL) followed...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609386

Financial development, credit rationing and informal credit markets : implications for pattern of trade

Ahuja, Rashmi; Marjit, Sugata - 2026

Firms differ in the extent to which they get access to formal and informal credit sources in developing economies. In developing economies, banks ration credit due to higher perceived borrower risk, information asymmetry, lack of collateral, and market inefficiencies. Due to financial...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609827

Demand-based asset pricing in general equilibrium

Abadi, Joseph - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609903

Regulatory responses to the financial stability implications of stablecoins

Bindseil, Ulrich - 2026 - Final version: 11 February 2026

In essence, the currently large stablecoins are electronic money issued by narrow balance sheet vehicles into a distributed ledger (or a "programmable platform"). Many believe that they will have significant success as a new form of money. Members of the current US administration expect that US...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015610715

Stablecoins and monetary policy transmission

Altavilla, Carlo; Boucinha, Miguel; Burlon, Lorenzo; … - 2026

This paper studies the effects of stablecoin adoption-crypto-assets designed to maintain a stable value relative to a reference asset-on bank intermediation and the transmission of monetary policy. Using evidence from the rapid expansion of stablecoins combined with confidential granular data on...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015610815

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Stablecoins and monetary policy transmission

Altavilla, Carlo; Boucinha, Miguel; Burlon, Lorenzo; … - 2026

Book / Working Paper

I am so tired! I don't know what to do! survey fatigue and financial literacy : results from a randomized experiment

Chernesky, Anna; Huynh, Kim P.; Voia, Marcel-Christian - 2026 - Last updated: March 4, 2026

Cross-country evidence finds that there are low levels of financial literacy. Financial literacy is often measured using the "Big Three" questions about interest rates, inflation, and risk. These questions are usually part of a longer survey. Respondents in long surveys may suffer survey fatigue...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015610866

Evaluation and prediction of stock market crash risk in Mexico using log-periodic power-law modeling

Sunil, Suryansh; Goyal, Amit Kumar; Mahadeva, Rajesh; … - 2026

This study applies the Log-Periodic Power-Law (LPPL) framework to three major equity markets-Mexico (IPC), Brazil (IBOVESPA), and the United States (NYSE Composite)-using daily closes from 8 November 1991-30 January 2025 for IPC and NYSE, and 3 May 1993-30 January 2025 for IBOVESPA. Multi-window...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611246

Deep hybrid CNN-LSTM-GRU model for a financial risk early warning system

Muhammad Ali Chohan; Li, Teng; Abrar, Mohammad; … - 2026

Financial risk early warning systems are essential for proactive risk management in volatile markets, particularly for emerging economies such as China. This study develops a hybrid deep learning model integrating Convolutional Neural Networks (CNNs), Long Short-Term Memory (LSTM), and Gated...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611314

Will central clearing change the market structure of U.S. Treasury repo to become more standardized and trade on an all-to-all basis?

Patel, Ketan - 2026

This paper examines whether the SEC's mandate for central clearing of U.S. Treasury repo transactions could enable all-to-all trading and support the development of a standardized term repo market. By mitigating counterparty risk through central clearing, cash lenders may become more willing to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611478

Role of artificial intelligence in finance : selective literature review and implications for Asia's financial stability

Zhang, Yang; Qiu, Ziang; Park, Donghyun; Tian, Shu - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611634

Project FuSSE (Fully Scalable Settlement Engine) exploring the scalable, flexible and secure design of modern settlement engines

2026

Financial market infrastructures (FMIs) must remain secure, resilient and adaptable over long horizons, even as payment volumes grow and technologies, standards and threat environments evolve. The continued expansion of digital payments, alongside emerging models such as Internet of Things...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612456

A market-based assessment of the outlook for inflation : expectations and monetary policy in South Africa

Christensen, Jens H. E.; Steenkamp, Daan - 2026

Using a novel arbitrage-free dynamic term structure model of nominal and real bond prices that accounts for bond-specific liquidity risk premia, this paper provides estimates of bond investors' inflation expectations and associated inflation risk premia in South African sovereign bonds. The...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612457

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A market-based assessment of the outlook for inflation expectations and monetary policy in South Africa

Christensen, Jens H. E.; Steenkamp, Daan - 2026

Book / Working Paper

An empirical analysis of the effect of financial sector development on economic growth in emerging economies

Al-Rahamneh, Abdelmajeed A.; Al-Assaf, Ghazi I.; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612493

Modernizing Palau's Financial System : Opportunities and Risks

Davico, Ricardo - 2026

Palau’s financial system faces structural challenges that inhibit effective financial intermediation, mobilization of domestic savings, and payment system efficiency. The authorities have been striving to address these challenges through digital initiatives. While these initiatives are...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612613

From Par to Pressure : Liquidity, Redemptions, and Fire Sales with a Systemic Stablecoin

Gross, Marco - 2026

Fiat-backed stablecoins are expanding, and their issuers may attain systemic relevance as reserve portfolios grow and as they become increasingly intertwined with financial markets. This paper analyzes the resulting risks and the design choices that can mitigate them. A detailed...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612698

Regional effects on the interaction between financial inclusion and monetary policy : a high frequency approach for China

Aktar, Mahbuba; El-Shagi, Makram; Gerth, Florian - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613465

The impact of dark pools on the market and market quality

Wakamatsu, Hiroaki - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613485

Systemic risk transmission in commodity markets

Georgescu, Irina - 2026

This paper investigates tail-risk transmission and asymmetric dependence in commodity markets using an asymmetric fuzzy vine copula framework applied to gold, crude oil, natural gas, and silver from 1 January 2015 to 1 January 2025, extracted from Yahoo Finance. Bootstrap-based trapezoidal fuzzy...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614141

Entropic geometry and information dynamics in green cryptocurrency markets

Chortane, Sana Gaied; Naoui, Kamel - 2026

Cryptocurrencies play a central role in modern financial markets; however, geopolitical tensions and environmental concerns raise critical questions about their stability and informational efficiency. This study distinguishes between green cryptocurrencies (GCs), based on low-energy validation...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614299