Financial Economics - Science topic

Identifying outliers is a critical task in data analysis across various fields, financial, economics, healthcare and others. Outliers are indeed data points that differ significantly from the bulk of the data, it can have various implications depending on the context. Effective identification of outliers requires resistant statistical methods and a...

I am seeking a Tenured Chaired Professor/Tenured Professor - of Finance (or Financial Economics) – with US Visa sponsorship - and a transitional financial package - at a top US Business School or US Economics department. I am a simultaneous Nobel prize - in Economics and Field medal - in Mathematics (the Mathematics Nobel prize) - level candidate....

A common narrative among insurance actuaries and business economists is that national or regional pension systems can be finetuned, optimized, and improved simply by tinkering with demographic and financial parameters; all within the context of the “right” mathematical model. Indeed, recent papers in the actuarial literature have offered technical...

This paper examines the economic and financial advantages of improving international collaboration between Ukraine and Poland in the development of alternative energy projects. It conducts a thorough evaluation of existing and forthcoming renewable energy generation technologies, using expert, Delphi, and methods based on statistics to identify the...

The aim of this study is to review the body of literature on the contribution of family businesses to economic growth. The Scopus database was used to conduct the bibliometric analysis of the topic under discussion. The sample procedure was completed using PRISMA. VOSviewer software was used to go through 598 publications. This way, the network’s g...

Financial development facilitates farmers' access to credit resources, enabling the adoption of innovative technologies for energy management. On the other hand, long-term planning for agricultural businesses is expected to reduce various types of risks, including financial risk, thus promoting production. Therefore, the aim of this study is to emp...

Today, Moroccan SMEs, like all businesses, are faced with risks (financial, economic, environmental, etc.) that affect their survival, reputation and environment. It is for this reason that the SME must evolve its organizational system and master and practice these risks, which are currently necessary for its good management. Indeed, one of the cha...

A sustentabilidade na hotelaria está se tornando cada vez mais crucial à medida que o setor reconhece sua responsabilidade ambiental e social. A hospitalidade sustentável abrange práticas que minimizam o impacto ambiental, promovem a conservação de recursos e incentivam o engajamento social e comunitário. Hotéis em todo o mundo estão adotando inici...

This article examines the need for new concepts to be considered when creating new methods for ensuring economic security. It also determines the developed criterion of economic security by considering both quantitative and qualitative indicators that reflect the state of economic security and the mechanism that has been developed to ensure the eco...

Value Added Tax is widely used and prominent since it generates significant economic revenue and is very simple to administer. Consumers who purchase various goods and services are subject to a standard consumption tax called VAT, which is gradually collected. Economic growth is necessary for a country to be sustainable in the long run. VAT has bee...

This study explores long-term investment strategies for individuals in European countries who have limited initial capital and may have no expertise in financial economics. We compare three strategies—Cost Average Plan (CAP), Bank Deposits Plan (BDP), and Buy and Hold (BnH)—by analyzing their risk and performance across six European Monetary Union...

The issue of forecasting or predicting asset returns is fundamental to financial economics and most often the Capital Asset Pricing Model (CAPM) is adopted for estimating the expected rate of return based on systematic risk. This paper focuses on the empirical testing of the CAPM in the Indian market based on the Nifty 50 index from April 2008 to M...

Abstract: Purpose: The main aim of the research is to: 1/ indicate and assess the importance of the inland navigation in the transport market and in the EU regulatory system, 2/ identify, classify and analyse the key factors, including opportunities and barriers to its development in the EU countries, 3/ evaluate the mid-term prospects and potentia...

The prospects of using a new type of monetary policy instruments, which determine modern significant changes in the development of global financial, economic and social relations, caused by the geopolitical influence of military aggression in Ukraine, are studied. Not only the negative financial and economic impact on the country victim of hostilit...

Introduction : This study examines the viability of community-based health insurance schemes in the Ziguinchor department of Senegal from 2016 to 2018, within the context of universal health coverage. Health insurance schemes have emerged as a promising solution to extend social health protection to informal sector workers and rural populations. Ho...

The article aims to investigate the ways of optimizing taxation for business entities in Ukraine to enhance the efficiency of the domestic taxation system and analyze the economic and legal aspects of establishing a new model of relations between businesses and fiscal authorities in alignment with European tax standards. The authors examine the eco...

The article attempts to analyze the role of international organizations in the protection and restoration of the cultural heritage during war conflicts. The case of Ukrainian ongoing conflict is considered, based on systematization of UNESCO documents and activities, as well as the case of Syria as a ‘testing ground’ for UNESCO in efforts on protec...

Public administration has witnessed an avalanche of crises spanning financial, economic, health, environmental, and governmental domains in the past two decades. Consequently, governments responded with volatile, uncertain, complex and ambiguous (VUCA) management strategies. Utilizing these approaches to new types of systemic crisis which turned in...

Money laundering, a significant economic crime with global implications, involves hiding or disguising the financial profits obtained from illegal activities to make them appear legitimate. This is done through various financial, economic, and commercial transactions. Money laundering operations involve the process of recycling monies obtained from...

The rapidly evolving landscape of cryptocurrency markets presents unique challenges and opportunities. The significant daily variations in cryptocurrency exchange rates lead to substantial risks associated with investments in crypto assets. This study aims to forecast the prices of cryptocurrencies using advanced machine learning models. Among seve...

The Bangladesh government has given the private sector predominance in its drive to accelerate economic growth and alleviate poverty. However, the benefits from growth have been unevenly spread. Poverty-related problems are becoming increasingly acute among the burgeoning populations of Bangladesh's urban areas and Khulna City Corporation has not p...

It is well established that financial literacy education should incorporate systemic prerequisites, such as financial, economic, and societal structures, to help students develop suitable financial literacy. In relation to financial literacy teaching and learning, critical inquiry and critical thinking have also been identified as key components. H...

O presente artigo tem como objetivo analisar de que forma o Modelo de Negócios CANVAS (BMC) bem como os conhecimentos advindos das áreas de economia financeira e criativa puderam proporcionar reflexões/ações pessoais e profissionais para as egressas do Programa Mulheres Mil que interferiram em decisões na sua vida cotidiana. Trata-se de intervençõe...

Markowitz's portfolio optimization framework, a cornerstone of Modern Portfolio Theory (MPT), has profoundly shaped financial economics by introducing a quantitative approach to constructing optimal portfolios based on risk and return trade-offs. This paper rigorously applies the Markowitz model to a diversified portfolio consisting of ten major co...

This chapter explores successful Ghanaian indigenous entrepreneurship support for poverty alleviation. The existing literature views indigenous women's entrepreneurship as a solution to poverty and discusses how successful indigenous women's entrepreneurship empowers the poor to address health, education, and standard of living. Despite the contrib...

Recently, Ivanov and Tian (2024, Journal of Economic Dynamics and Control) studied the optimal consumption and investment problem in the early retirement model of Farhi and Panageas (2007, Journal of Financial Economics), incorporating a target wealth constraint at the time of retirement. Specifically, they required that the agent's wealth at the t...

This case study dives into Mr. Sharma's emotional investing selections over his ten-year tenure as a retail or individual investor in the Indian stock exchange. He has recently made emotional financial decisions, falling prey to a stock market swindle. Mr. Sharma, a seasoned retail investor on the Indian securities exchange, has encountered a distr...

This case study dives into Mr. Sharma's emotional investing selections over his ten-year tenure as a retail or individual investor in the Indian stock exchange. He has recently made emotional financial decisions, falling prey to a stock market swindle. Mr. Sharma, a seasoned retail investor on the Indian securities exchange, has encountered a distr...

In this study, we propose a novel asset pricing approach, LLM Agent-based Asset Pricing Models (AAPM), which fuses qualitative discretionary investment analysis from LLM agents and quantitative manual financial economic factors to predict excess asset returns. The experimental results show that our approach outperforms machine learning-based asset...

Background This study examines the scientific misinformation about climate change, in particular obstructionist strategies. The study aims to understand their impact on public perception and climate policy and emphasises the need for a systemic understanding that includes the financial, economic and political roots. Methods A systematic literature...

The Grand Paris Express (GPE) is a project that aims to extend the metro network of Paris by creating four new lines, plus extending two existing lines. A total of 200 km of new tracks and 68 new stations are to be added, serving a projected 2 million passengers a day. Since it started, more than 20 Mt of earth is extracted, to which will be added...

Arbitrage Pricing Theory (APT), introduced by Stephen Ross in 1976, represents a paradigmatic shift in asset pricing models by incorporating multiple sources of systematic risk. This multifactorial approach, contrasting with the univariate Capital Asset Pricing Model (CAPM), provides a more nuanced framework for understanding asset returns. The the...

Nigeria – China relationship has witnessed significant upsurge in the last decade. The budding relationship however continues to attract diverse perceptions as reflected in digital spaces. In this study, ten images – cartoons – from the Internet were subjected to Multimodal Critical Discourse Analysis. The depictions of Chinese influence and activi...

The Black-Scholes model, introduced by Fischer Black and Myron Scholes in 1973, represents a seminal advancement in the field of financial economics, providing a closed-form solution for pricing European call and put options. This article explores the foundational principles, mathematical derivation, and practical applications of the Black-Scholes...

The Capital Asset Pricing Model (CAPM) represents a fundamental framework in financial economics, elucidating the linear relationship between expected return and systematic risk of securities. Developed by Sharpe, Lintner, and Mossin, CAPM posits that the expected return on an asset is determined by the risk-free rate, the asset's sensitivity to ma...

Le management public peut jouer un rôle important dans l'amélioration de l'optimisation énergétique des universités marocaines. En adoptant des pratiques de gestion efficaces et en mettant en oeuvre des politiques énergétiques appropriées, les universités peuvent réduire leur consommation d'énergie, diminuer leur empreinte carbone et réaliser des é...

As agroecologists worldwide explore pathways for food systems transformations, “evidence” is in high demand. But what is evidence? How is it used? By whom and for what audiences? What does evidence support and why? We contend evidence is inherently political and thus relational. In our article, we connect Science and Technology Studies (STS) schola...

The COVID-19 crisis affected the world’s economic and social system in many ways. Social enterprises (SEs) play a necessary role in delivering social value during such crises (Bacq, S., and G. T. Lumpkin. 2020. “Social Entrepreneurship and COVID‐19.” Journal of Management Studies 58 (1): 285–8; Sarma, S. K., K. K. Kumar, and S. K. Mishra. 2022. “St...

The article is devoted to the analysis of the main aspects of the impact of globalization on sovereignty, its political, economic, informational and other components, the persistent tendency towards the gradual loss of national sovereignty by states, which puts on the agenda the question of the ability of liberal democracy to adapt to new circumsta...

The electrification of the transport sector has the potential to directly reduce a country’s greenhouse gas emissions (GGHs) and thus help the fight against the impacts of climate change, and improve people’s quality of life with the reduction of air pollution such as particulate matter, nitrogen oxides (NOX), sulfur dioxide (SO2) in urban centers....

This paper presents a collection of sample problems and solutions in Basic Management Accounting, designed to enhance understanding and application of accounting principles. Aimed at students at De La Salle University - Manila, the document serves as a practical resource for mastering key concepts in management accounting. Each problem is accompani...

Harry Markowitz’s pioneering work on portfolio choice was developed in the supportive environment of the Cowles Commission (later Foundation), a remarkable organization devoted to advanced formal mathematical and statistical methods in economics. Markowitz made use of Tjalling Koopmans’s activity analysis and influenced the monetary and financial e...

Order flow modeling stands as the most fundamental and essential financial task, as orders embody the minimal unit within a financial market. However, current approaches often result in unsatisfactory fidelity in generating order flow, and their generation lacks controllability, thereby limiting their application scenario. In this paper, we advocat...

Zakat, Infaq, and Sadaqah (ZIS) not only constitute an obligation for Muslims but also play a crucial role as an alternative source of state financing, capable of stimulating economic activities and enhancing individual purchasing power. The distribution of ZIS acts as a balancing instrument in the financial economic sector of society, referred to...

Sustainable development has become an important subject of discussion in recent years, especially after it was raised in the UN report on sustainability, published in 2012. Thus, the connection between sustainable development and entrepreneurship has received a lot of attention in scientific circles, resulting in several publications on the matter....

The United States had one of the worst outcomes in the management of COVID-19 risk, with a death rate in the 94th percentile of all countries. Setting aside the obvious politicized nature of COVID-19 public health recommendations and mandates, we argue that best practices in financial risk management provide parallels that could have served as valu...

We develop a methodology that utilizes deep learning to simultaneously solve and estimate canonical continuous-time general equilibrium models in financial economics. We illustrate our method in two examples: (1) industrial dynamics of firms and (2) macroeconomic models with financial frictions. Through these applications, we illustrate the advanta...

Asset pricing” in the context of financial economics pertains to the investigation and formulation of two fundamental pricing ideas and the models that go along with them. Various models exist for different scenarios, but they can be traced back to either general equilibrium asset pricing or rational asset pricing. Asset pricing models, as the name...

This research aims to use a statistical and economic model that takes into account all the emerging economic, social and financial variables in the framework of the new world order and the new general situation to determine the most important basic determinants affecting the volume of demand and the supply of insurance policies for each branch of i...

Introdução A economia de materiais médicos hospitalares envolve a gestão eficiente e eficaz dos recursos utilizados em hospitais visando reduzir desperdícios e impactos ao meio ambiente. O controle da validade dos materiais é fundamental para garantir a segurança dos pacientes e a eficácia dos tratamentos. Quando um produto vence sua validade, pode...

The effectiveness of the reporting system is a topic of hot debate. It’s unclear how many criminal investigations SARs generate. Some researchers also worry that reporting entities are unnecessarily burdened. Reporting entities themselves sometimes also wonder what it is all for. They complain that follow-up feedback is often lacking. Meanwhile the...

Introdução Antes da intervenção, a UTI, composta por 10 leitos e referência regional, apresentava uma taxa média de IRAS de 40,9%. Para abordar esse desafio, a equipe assistencial e o Controle de Infecção (CCIH) optaram por participar da Colaborativa Saúde em Nossas Mãos do PROADI-SUS/MS, visando aprimorar os processos internos. Este trabalho tem o...

Background The COVID-19 vaccination programme in South Africa was rolled out in February 2021 via five delivery channels- hospitals, primary healthcare (PHC), fixed, temporary, and mobile outreach channels. In this study, we estimated the financial and economic costs of the COVID-19 vaccination programme in the first year of roll out from February...

With the phenomenal rise of generative AI models (e.g., large language models such as GPT or large image models such as Diffusion), there are increasing concerns about human creatives' futures. Specifically, as generative models' power further increases, will they eventually replace all human creatives' jobs? We argue that the answer is "no," even...

Change points in real-world systems mark significant regime shifts in system dynamics, possibly triggered by exogenous or endogenous factors. These points define regimes for the time evolution of the system and are crucial for understanding transitions in financial, economic, social, environmental, and technological contexts. Building upon the Baye...

This study examines the impact of governance settings, country risk, and their interactions on Chinese firms' cash holdings. The results reveal that companies stockpile less cash after the enhancement of governance quality by firms, provinces, and the country. Likewise, the results reveal that companies stockpile more cash by decreasing a country's...

In view of the limitations of recent modeling in Iran's economy, especially in financial economics, where behaviors contrary to economic theories had observed, the gap of participation of intellectual capital in economic models is significant, likewise, the recursive preferences function under rational expectations has been the focus of many financ...

Women consist part of the world population and the participation of women in political parties is very gamine especially in a democratic country. However, there is an assumption on men's domination of political parties and the women are solely in the parties as cheerleaders. While studies exist on women participation in politics in Ekiti State, emp...

Introduction Pulmonary tuberculosis (PTB) remains a life-threatening disease in Tanzania, with negative physical, financial, economic and psychosocial consequences to individuals and the society. It mainly lowers the quality of life of patients, survivors and their families, especially those in the poorest and socially deprived categories. Objecti...

As the complexity of economic phenomena increases, so do the expectations placed on researchers in economics and finance. Research should not only be methodologically sound and contribute to the existing body of knowledge, but also provide guidance to stakeholders outside academia. The current issue of the Economics and Business Review addresses th...

As youth transition from childhood dependence to adult independence, various dimensions such as financial, economic, mental, daily life independence, and civic participation come into play. The methodology involves quantitative interviews, focus group discussions, in-depth interviews, expert interviews, document analysis, and an academic literature...

Purpose: The aim of the study was to analyze the modeling longevity risk in pension funds using population dynamics in Canada. Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost a...

The history of Jews and usury is a multifaceted and often misunderstood narrative that spans millennia, encompassing significant religious, economic, and social dimensions. From the teachings of Jesus and the Old Testament laws that shaped early Christian views on money lending, to the pivotal roles Jewish moneylenders played in medieval Europe und...

In economic applications, the behavior of objects (e.g., individuals, firms, or households) is often modeled as a function of microeconomic and/or macroeconomic conditions. While macroeconomic conditions are common to all objects and change only over time, microeconomic conditions are object-specific and thus vary both among objects and through tim...

Purpose: The production of science in each country reflects its development, and the sustainable progress of each nation is contingent upon its specific capabilities. The advancement of human, financial, economic, social, cultural, and political resources is a cornerstone of sustainable development in any country. Higher education plays a crucial r...

Fundamentos de uma Economia Financeira e Risco Financeiros no Setor Elétrico Brasileio

The article discusses future of accounting based on financial and economic space, information systems in the business sector are synonymous with cloud accounting. Its most important elements are cybersecurity system, smart manufacturing, Internet of broadcasting, Big Data and others. The proliferation of digital technologies has not affected many a...

The presentation employs a diverse array of indicators to analyze the cruise market. The author has updated its own cruise ship database and conducted an analysis of the cruise ship characteristics and market share of various firms and groups. The financial, economic, and statistical data of the three primary groups [Carnival Corporation (CCL), Roy...

The purpose of the article was to investigate the potential of rural green tourism in Ukraine and to determine the main directions of its innovative development, taking into account global, national, and regional trends. SLR (Systematic Literature Review), methods of expert assessment, selective observation, and graphic method were used to achieve...

We provide precise conditions for nonparametric identification of causal effects by high-frequency event study regressions, which have been used widely in the recent macroeconomics, financial economics and political economy literatures. The high-frequency event study method regresses changes in an outcome variable on a measure of unexpected changes...

Basic Research Program Working Papers of the Southern Branch of the Russian Research Institute for Cultural and Natural Heritage. Series: Applied Research and Development. Number: 039–2024–ARD. The purpose of the study is to identify in the concept of “small homeland” the foundations for a balanced patriotic education that would harmoniously overco...

Objective: The aim of this study is to investigate the possibility of using artificial intelligences (AI), metaverses and other digital tools understood as Digital Information and Communication Technologies (DICT) in educational activities, with the aim of discussing how education in contemporary times cannot escape the technological effect such as...

Objective: The aim of this study is to analyze the scientific output of the Brazilian Review of Finance (RBFin) from 2003 to 2017, in order to understand authorship dynamics, thematic trends, and collaboration patterns. Theoretical Framework: This study is based on concepts from bibliometric analysis and Lotka's, Bradford's, and Zipf's laws. Biblio...

Describes some results in Financial Economics and firm Financial/Strategic Management in real markets

Seaborne transport is one of the prime modes of trades since time immemorial. For this trade, mariners encounters tough marine life. According to Ugurlu,O. et.al. (2015), root causes of maritime accidents is human errors. Study by Tzannatos (2010), states that maritime accidents were closely associated with the human error. By analyzing Suez Canal...

The academic paper examines the impact of digital innovations on the parameters of the operational, financial, economic and managerial activities of enterprises. Indicators of the formation and development of digital management practice are studied; various criteria are considered, which can be used to determine the presence of digital phenomena in...

The article presents a study of the main aspects of managing the value of real estate in the process of implementing investment and construction activities. The study was conducted in the context of the concept of the "life cycle of a capital construction facility" with the decomposition of its stages into regulatory, financial, economic and engine...

Results and contributions: Specific financial assurance procedures adapted to the context of the Metaverse are presented, addressing the particular challenges of virtual assets and smart contracts, where a risk assessment and the appropriate implementation of audit procedures are carried out. Contributing to the adequate preservation of these digit...

This paper presents an asset pricing model in an incomplete market involving a large number of heterogeneous agents based on the mean field game theory. In the model, we incorporate habit formation in consumption preferences, which has been widely used to explain various phenomena in financial economics. In order to characterize the market-clearing...

The aim of this study to analyses the investor sentiment, attentions and types of risk which are incurred after specific event like scam etc. This study used monthly dataset of prices from 2006 to 2022 due to availability of data. The event approach is used for data analysis with different data segregation like affected or unaffected datasets of fi...

The destructive consequences of the COVID-19 pandemic have negatively affected socioeconomic indicators and disrupted macroeconomic stability. The aim of the study is to determine the optimal combination of financial, socioeconomic, and public health determinants based on their relevance for the post-pandemic recovery of macroeconomic stability. Fo...

The fast advancement in artificial intelligence and machine learning has affected economic factors in financial institutions and laws. Artificial intelligence has improved financial services including smart advice, lending, monitoring systems, and customer assistance, but it has also created concerns and obstacles. This document summarizes fina...

One of the primary goals of policy makers is to build an economy that is relatively stable. As such, to ensure that the economy is relatively stable, policy makers embark on series of financial (economic) reforms. However, even with the concerted efforts to improve the state of the Nigerian economy, the Nigeria is still under-developed. Hence, the...

Researchers and educators have been exploring innovative methods in entrepreneurship education to address traditional approach failure at engaging students and developing their skills. Educational technology has shown promising results in early studies. Yet, there is a scarcity of reviews on their effectiveness in developing entrepreneurial compete...

Objective: Almost all countries have faced enormous financial, economic, operational, and clinical pressure since the coronavirus disease 2019 (COVID-19) pandemic raised numerous challenges in healthcare services/ businesses. The United States adopted various healthcare strategies and applied them successfully to reduce pandemic mortality rates in...