This paper is to investigate the existence of β- convergence and σ- convergence for financial institutional characteristics for the dataset of 102 countries from 1980 to 2009. The research is based on panel data econometric models and 10 financial depth indicators. The partial effects of...

The paper aims to indentify and compare the determinants of the overall FinTech market expansion and its major segments – cryptocurrency and peer-to-peer lending markets – in a dataset, which covers 64 countries and 51 potentially relevant factors. To this end, we apply a battery of...

This paper is to investigate the existence of β- convergence and σ- convergence for financial institutional characteristics for the dataset of 102 countries from 1980 to 2009. The research is based on panel data econometric models and 10 financial depth indicators. The partial effects of...

Part I. New Trends in International Financial Development and Risk Assessment -- Chapter 1. Adapted Approaches to Measuring Financial Development Konstantin Krinichansky -- Chapter 2. Green Finance: Trends, Prospects and Risks Svetlana Pertseva , Anna Vityazeva -- Chapter 3. Dynamic BRICS Stock...

The paper investigates causal relationships between systemic risk, economic policy uncertainty and firm bankruptcies, conditional on global volatility proxied by the VIX index, in a sample of 15 advanced and major emerging market economies during January 2008-June 2018. We test for Granger...