Studies in Economics and Finance: Volume 41 Issue 2

Editorial: The future of financial and investment management

On Kit Tam, Bin Liu

The economic and environmental effects of an optimal emission reduction subsidy policy in the presence of business cycles

Fariba Ramezani, Amir Arjomandi, Charles Harvie

As a by-product of the production process, emissions can follow output fluctuations. Hence, disregarding the relationship between economic fluctuations and emissions could result…

Do financial innovations influence bank performance? Evidence from China

Shaen Corbet, Yang (Greg) Hou, Yang Hu, Les Oxley, Mengxuan Tang

The rapid growth of Fintech presents a growing challenge for banking institutions, particularly those with more traditional, service backgrounds. This paper aims to examine the…

How is the ECB’s quantitative easing transmitted to the financial markets?

Donia Aloui, Abderrazek Ben Maatoug

Over the last few years, the European Central Bank (ECB) has adopted unconventional monetary policies. These measures aim to boost economic growth and increase inflation through…

Does religion influence the household finance? Evidence from Europe

Rashed Isam Ashqar, Júlio Lobão

This paper aims to examine the influence of religious backgrounds and religiosity on three dimensions of household finance (the decision to hold secured debt, the likelihood of…

Spillover effects and transmission of shocks in Visegrad equity markets

Florin Aliu, Vincenzo Asero, Alban Asllani, Jiří Kučera

Paper aims to investigate the interdependencies and spillover effects that the Visegrad (V4 hereafter) Equity Markets hold on each other. The V4 group stands for the political…

Measuring the degree of connection between currency futures: Empirical dive into higher moments

Murat Donduran, Muhammad Ali Faisal

The purpose of this study is to unfold the existing information channel in the higher moments of currency futures for different time horizons.

How does fear spread across asset classes? Evidence from quantile connectedness

Panos Fousekis

This study aims to investigate the connectivity among four principal implied volatility (“fear”) markets in the USA.

Does board gender diversity affect firms’ expected risk?

Jodonnis Rodriguez, Krishnan Dandapani, Edward R. Lawrence

This study aims to explore the impact of board gender diversity on firms’ forward-looking risk, as perceived by both the firm’s management and its investors. The authors seek to…

Drivers of the next-minute Bitcoin price using sparse regressions

Ikhlaas Gurrib, Firuz Kamalov, Olga Starkova, Elgilani Eltahir Elshareif, Davide Contu

This paper aims to investigate the role of price-based information from major cryptocurrencies, foreign exchange, equity markets and key commodities in predicting the next-minute…

Estimating the excess of interests paid by consumers when applying an upper rate. The case of Spain

Salvador Cruz Rambaud, Paula Ortega Perals

The framework of this paper is financial mathematics and, more specifically, the control of data fraud and manipulation with their subsequent economic effects, namely, in…