As prior researchers have suggested a firm's success in an international market depends on how well its strategy fits with the nonmarket environment such as formal institutions. This paper examines the determinants of formal institutions around new areas of economic activities. Specifically, we...

This paper examined a set of over two thousand crypto-coins observed between 2015 and 2020 to estimate their credit risk by computing their probability of death. We employed different definitions of dead coins, ranging from academic literature to professional practice; alternative forecasting...

This paper examined a set of over two thousand crypto-coins observed between 2015 and 2020 to estimate their credit risk by computing their probability of death. We employed different definitions of dead coins, ranging from academic literature to professional practice; alternative forecasting...

Chapter 1. Literature review: The Digital Currencies in the new Global World Order -- Chapter 2. The Introduction of the Digital Euro from a German Perspective -- Chapter 3. The Digital Euro – just a Digital Form of Cash? -- Chapter 4. CBDCs at the Crossroads: Seizing Opportunities and...

Payments and financial market infrastructures are vital components of modern economies, yet they have often been overlooked by economists. However, any economic exchange, including financial market transactions, is matched by a payment leg, and the safety, efficiency, and immediacy of the...