From financial structure to economic growth: Theory, evidence and challengeseconomic growthempirical studiesfinancial structureinteractionstheoretical literatureThis paper surveys the theoretical and empirical literature on the contributions of financial structure to economic growth. Whereas the theoretical literature...
These factors and others create new challenges for the management and regulation of financial innovations. Therefore, a more detailed understanding of the complexity of the financial innovation process becomes a crucial element in the new market context. Shiller (2009) argues that bad complexity should...
to explore the unexpected intersections between entrepreneurship, risk management, and personal development. From selling mixtapes in rural Michigan to developing real estate in Charleston and ultimately founding an innovative investment firm, Jason’s journey challenges conventional wisdom about success and ...
planning behaviour, which posits that (a) financial satisfaction (attitude), (b) financial socialisation (subjective norms), and (c) financial literacy, mental accounting, and financial cognition (perceived behavioural controls) directly affect (d) the intention to adopt and indirectly shape, (e) t...
Risk Management Challenges after the Financial Crisis The recent financial crisis highlighted the need for risk measures that deal adequately with extreme events. In the modern complex financial world, risk measures can only be effective if they take into consideration the endogeneity of ri... C Mer...
Coates TJSzekeres G A plan for the next generation of HIV prevention research: seven key policy investigative challenges. Am Psychol 2004;59 (8) 747- 757PubMedGoogle ScholarCrossref 26. Bandura A Social Foundations of Thought and Action: a Social Cognitive Theory. Englewood Cliffs, NJ Prentice...
Yet the seductive simplicity of Elliott Wave Theory makes it easy to miss significant challenges that both critics and practitioners acknowledge.5Applying the theory in real time proves far more difficult than analyzing it in hindsight. Subjectivity plagues wave counting, the theory's fundamental tool...
A random walk challenges the idea that traders can time the market or usetechnical analysisto identify and profit from patterns or trends in stock prices. Random walk has been criticized by some traders and analysts who believe that stock prices can be predicted using various methods, like techni...
Giavazzi (1998), Immediate Challenges for the European Central Bank, Economic Policy 26, 15–52. Google Scholar Edwards, F.R. and F.S. Mishkin (1995), The Decline of Traditional Banking: Implications for Financial Stability and Regulatory Policy, Federal Reserve Bank of New York Economic ...
One of the key challenges of a comparative, evolutionary approach to cognitive biases is how to identify analogous outcome biases in non-human organisms. To allow valid comparisons, behavioural measures need to be both ecologically relevant and applicable to a wide range of taxa. Tests have been ...