Machine learning approach to drivers of bank lending: evidence from an emerging economyFinancial Innovation - Tập 7 - Trang 1-29 - 2021
Fatih Cemil Ozbugday, Onder Ozgur, Erdal Tanas Karagol
The study analyzes the performance of bank-specific characteristics, macroeconomic indicators, and global factors to predict the bank lending in Turkey for the period 2002Q4–2019Q2. The objective of this study is first, to clarify the possible nonlinear and nonparametric relationships between outstanding bank loans and bank-specific, macroeconomic, and global factors. Second, it aims to propose va...... hiện toàn bộ
#Macroeconomics/Monetary Economics//Financial Economics #Political Economy/Economic Systems
Digital finance and renewable energy consumption: evidence from ChinaFinancial Innovation - Tập 8 - Trang 1-19 - 2022
Minli Yu, Fu-Sheng Tsai, Hui Jin, Hejie Zhang
While digital finance and renewable energy consumption (REC) are two timely issues, it remains unclear whether the former affects the latter, especially in developing economies. This paper examines the impact of digital finance on China’s REC between 2011 and 2018 and explores the underlying mechanisms. Results show that digital finance, along with its coverage breadth and usage depth, significant...... hiện toàn bộ
Cryptocurrency trading: a comprehensive surveyFinancial Innovation - Tập 8 Số 1 - 2022
Fan Fang, Carmine Ventre, Michail Basios, Leslie Kanthan, David Martínez-Rego, Fan Wu, Lingbo Li
AbstractIn recent years, the tendency of the number of financial institutions to include cryptocurrencies in their portfolios has accelerated. Cryptocurrencies are the first pure digital assets to be included by asset managers. Although they have some commonalities with more traditional assets, they have their own separate nature and their behaviour as an asset is ...... hiện toàn bộ
Markets in crypto-assets regulation: Does it provide legal certainty and increase adoption of crypto-assets?Financial Innovation - Tập 9 - Trang 1-30 - 2023
Tina van der Linden, Tina Shirazi
This study discusses the European Union’s proposal for a Regulation on Markets in Crypto-Assets, now subject to formal approval by the European Parliament. The objective is to explore whether it will positively impact the adoption of crypto-assets in the financial sector. The use of crypto-assets is growing. However, some stakeholders in the financial service sector remain skeptical and hesitant t...... hiện toàn bộ
Exploring the growth value equity valuation model with data visualizationFinancial Innovation - Tập 9 - Trang 1-37 - 2023
I-Cheng Yeh, Yi-Cheng Liu
The Growth Value Model (GVM) proposed theoretical closed form formulas consisting of Return on Equity (ROE) and the Price-to-Book value ratio (P/B) for fair stock prices and expected rates of return. Although regression analysis can be employed to verify these theoretical closed form formulas, they cannot be explored by classical quintile or decile sorting approaches with intuition due to the esse...... hiện toàn bộ
Initial coin offerings (ICOs): Why do they succeed?Financial Innovation - Tập 8 - Trang 1-35 - 2022
José Campino, Ana Brochado, Álvaro Rosa
Recent literature has addressed initial coin offering (ICO) projects, which are an innovative form of venture financing through cryptocurrencies using blockchain technology. Many features of ICOs remain unexplored, leaving much room for additional research, including the success factors of ICO projects. We investigate the success of ICO projects, with our main purpose being to identify factors tha...... hiện toàn bộ
Adverse selection, loan access and default behavior in the Chilean consumer debt marketFinancial Innovation - Tập 9 - Trang 1-29 - 2023
Carlos Madeira
Why do households use different types of loans? Which factors cause borrowers to default? Using a comprehensive survey dataset from Chile, I estimate a partial information model of consumer debt access, lender choice, loan amount and default. The model consists of a first-stage multinomial logit that explains the choice across the five loan types, plus the options of no access to debt due to credi...... hiện toàn bộ
Insurtech in Europe: identifying the top investment priorities for driving innovationFinancial Innovation - Tập 10 - Trang 1-24 - 2024
Serkan Eti, Hasan Dinçer, Hasan Meral, Serhat Yüksel, Yaşar Gökalp
The purpose of this study is to determine the essential indicators to improve insurtech systems and select the most critical alternative to increase insurtech-based investments in European countries. A novel fuzzy decision-making model is generated by integrating entropy and additive ratio assessment (ARAS) techniques with spherical fuzzy sets. First, the indicators are weighted using spherical fu...... hiện toàn bộ