Data envelopment analysis for scale elasticity measurement in the stochastic case: with an application to Indian banking [0.03%]
数据包络分析在随机情况下的规模弹性测量：以印度银行业为例
Alireza Amirteimoori,Biresh K Sahoo,Saber Mehdizadeh
Alireza Amirteimoori
In the nonparametric data envelopment analysis literature, scale elasticity is evaluated in two alternative ways: using either the technical efficiency model or the cost efficiency model. This evaluation becomes problematic in several situa...
Which return regime induces overconfidence behavior? Artificial intelligence and a nonlinear approach [0.03%]
哪种收益机制诱发过度自信行为？人工智能和非线性方法分析
Esra Alp Coşkun,Hakan Kahyaoglu,Chi Keung Marco Lau
Esra Alp Coşkun
Overconfidence behavior, one form of positive illusion, has drawn considerable attention throughout history because it is viewed as the main reason for many crises. Investors' overconfidence, which can be observed as overtrading following p...
Exploring the asymmetric effect of COVID-19 pandemic news on the cryptocurrency market: evidence from nonlinear autoregressive distributed lag approach and frequency domain causality [0.03%]
探究新冠疫情新闻对加密货币市场不对称效应的非线性自回归分布滞后方法和频率域因果关系证据
Ştefan Cristian Gherghina,Liliana Nicoleta Simionescu
Ştefan Cristian Gherghina
This paper explores the asymmetric effect of COVID-19 pandemic news, as measured by the coronavirus indices (Panic, Hype, Fake News, Sentiment, Infodemic, and Media Coverage), on the cryptocurrency market. Using daily data from January 2020...
Toward a sustainable growth path in Arab economies: an extension of classical growth model [0.03%]
阿拉伯经济可持续增长之路：对古典增长模型的拓展
Amjad Taha,Mucahit Aydin,Taiwo Temitope Lasisi et al.
Amjad Taha et al.
Background/objectives: Many economies are on the trajectory of alternative growth drivers other than conventional capital and labor. Access to credit facilities is a pertinent indicator of economic growth. In line with th...
Industry return lead-lag relationships between the US and other major countries [0.03%]
美国和其他主要国家之间的行业收益领先滞后关系
Ana Monteiro,Nuno Silva,Helder Sebastião
Ana Monteiro
In this study, we analyze the lead-lag relationships between the US industry index and those of six other major countries from January 1973 to May 2021. We identify the leading role played by the US internationally by showing that the weekl...
The linkage between Bitcoin and foreign exchanges in developed and emerging markets [0.03%]
比特币与发达市场和新兴市场外汇之间的关联性研究
Ahmed BenSaïda
Ahmed BenSaïda
This study investigates the connectedness between Bitcoin and fiat currencies in two groups of countries: the developed G7 and the emerging BRICS. The methodology adopts the regular (R)-vine copula and compares it with two benchmark models:...
A hybrid decision support system with golden cut and bipolar q-ROFSs for evaluating the risk-based strategic priorities of fintech lending for clean energy projects [0.03%]
基于黄金分割和双边q-ROFS的混合决策支持系统在评估清洁能项目金融科技贷款的风险战略优先级中的应用
Qilong Wan,Xiaodong Miao,Chenguang Wang et al.
Qilong Wan et al.
In the last decade, the risk evaluation and the investment decision are among the most prominent issues of efficient project management. Especially, the innovative financial sources could have some specific risk appetite due to the increasi...
Markets in crypto-assets regulation: Does it provide legal certainty and increase adoption of crypto-assets? [0.03%]
加密资产市场的监管：它是否提供了法律确定性并增加了加密资产的采用？
Tina van der Linden,Tina Shirazi
Tina van der Linden
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...
Kuan-Min Wang,Yuan-Ming Lee
Kuan-Min Wang
This study aims to examine whether life insurance futures can serve as a hedge against the COVID-19 pandemic and whether they have the characteristics of a safe haven under the impact of the health shocks of the COVID-19 pandemic. We chose ...
Nonlinear dynamics in Divisia monetary aggregates: an application of recurrence quantification analysis [0.03%]
迪维西货币聚合中的非线性动态：复发定量分析的应用
Ioannis Andreadis,Athanasios D Fragkou,Theodoros E Karakasidis et al.
Ioannis Andreadis et al.
We construct recurrence plots (RPs) and conduct recurrence quantification analysis (RQA) to investigate the dynamic properties of the new Center for Financial Stability (CFS) Divisia monetary aggregates for the United States. In this study,...