This computerized web experiment immerses students in an environment where they are in the role of bank managers, complementing existing experiments in which they act as depositors. The experiment is programmed to run on a variety of devices, including student's phones and is suitable for use in...

A new economic revolution liberating financial markets? Seeks to answer some of the questions driving the existential crisis embroiling finance: What is currency? What is value? What is a business? What is a bank, even?This article discusses how regulatory reform, transformative technologies,...

Finanzkompetenzen haben für die gesellschaftliche Teilhabe eine hohe Bedeutung. Dieser Beitrag führt eine empirische Evaluation der Determinanten der Finanzkompetenz von Studierenden an einer deutschen Hochschule durch. Ein weiteres Ziel ist auch die Identifizierung der geschlechtsspezifischen...

El financiamiento a través de instrumentos de deuda de una economía con ingresos volátiles y vulnerable a shocks externos incrementa los riesgos asociados al incumplimiento de crédito en situaciones de crisis, mas aún cuando la economía en su conjunto se encuentra expuesta una fuente de...

Los modelos económicos que analizan el crecimiento hacen un fuerte hincapié en el efecto positivo de la acumulación del capital sobre el desarrollo de las economías. Para ello, deben existir mercados de capitales desarrollados que canalicen adecuadamente los ahorros hacia la inversión. Los...

This paper reviews the literature on the finance-growth nexus within a neoclassical growth framework, placing an emphasis on the policy implications in the current European environment, that has placed financial reforms high on the policy Agenda. While more research is needed to establish...

The extended period of limited growth experienced until recently in many European countries raises the issue as to which policies could be most effective in improving their economic performance. This paper argues that further financial sector reforms may be a valuable complement to ongoing...

This paper discusses the link between financial development and macroeconomic volatility by exploring some of the ways through which financial development may affect business cycle fluctuations. To be specific, we examine whether stock market development exerts an unambiguous effect on...