Advances in Pacific Basin Business, Economics and Finance (APBBEF) is an annual series designed to focus on interdisciplinary research in finance, economics, and management among Pacific Rim countries. All articles published are reviewed and recommended by at least two members of the editorial...

This volume of the International Symposia in Economic Theory and Econometrics explores the latest economic and financial developments in Africa and Asia. Chapters cover a range of topics such as: the relationship between good stewardship, agency costs, and performance of South African firms;...

In order to avoid borrowers' over-indebtedness, Directive 2014/17/EU introduced the obligation to assess the creditworthiness prior to concluding a mortgage loan. To carry out this task, novel technological applications that use artificial intelligence and machine learning are emerging, as well...

This paper examines the potential for sector-specific productivity growth, human capital, credit markets, and infrastructure to contribute to the development of stable, well-paid employment in rural areas of low-income countries. Particular emphasis is placed on the way that different sectors of...

We review the initial effects of the imposition of caps on interest rates in Peru's financial system. We developed a methodology that allows us to quantify the potential exclusion of clients. We found that financial institutions excluded close to 243 thousand clients from the financial system....

This paper studies a model of credit based on Gu et al. (2013) with limited commitment and endogenous debt limits in a competitive search market. There are deterministic and stochastic cycles even though the fundamentals are deterministic and time invariant. There are also multiple positive...

We explore the intertwined dynamics of asset prices and the macroeconomy in a Behavioural model of Credit Cycles (BCC) characterized by a credit friction à la Kiyotaki and Moore and heterogeneous expectations cum heuristic switching à la Brock and Hommes. This behavioural approach allows to...