Macroprudential policies—caps on loan to value ratios, limits on credit growth and other
balance-sheet restrictions,(countercyclical) capital and reserve requirements and …

A large amount of activity in the financial sector occurs in secondary financial markets,
where securities are traded among investors without capital flowing to firms. The stock …

We model cryptocurrencies as utility tokens used by a decentralized digital platform to
facilitate transactions between users of certain goods or services. The network effect …

This study empirically investigates two effects of alternative data availability: stock price
informativeness and its disciplining effect on managers' actions. Recent computing …

We investigate the effect of the capital market opening on green innovation. Using the
Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect as a quasi …

The cryptocurrency market has enormous growth potential. In this study, the aim is to
investigate how the news (shocks) affects cryptocurrency market volatility. This is significant …

Financial markets have a central role in allocating resources in modern economies. One of
the main functions of financial markets is the discovery of information. This information in …

What capital allocation role can China's stock market play? Counter to perception, stock
prices in China have become as informative about future profits as they are in the US. This …

This paper shows that real decisions depend not only on the total amount of information in
prices, but the source of this information—a manager learns from prices when they contain …

The finance industry has grown, financial markets have become more liquid, information
technology has been revolutionized. But have financial market prices become more …