International Journal of Finance & Economics最新文献_第4页

The implications of non‐synchronous trading in G‐7 financial markets 七国集团金融市场非同步交易的影响

International Journal of Finance & Economics Pub Date : 2024-02-02 DOI: 10.1002/ijfe.2936

Dimitrios Dimitriou, Dimitris Kenourgios, Theodore Simos, Alexandros Tsioutsios

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引用次数: 0

The COVID‐19 pandemic and European trade patterns: A sectoral analysis COVID-19 大流行与欧洲贸易模式：行业分析

International Journal of Finance & Economics Pub Date : 2024-02-02 DOI: 10.1002/ijfe.2943

G. Caporale, A. Sova, Robert Sova

引用次数: 0

Introduction to essays in modelling financial market dynamics 金融市场动态建模论文导论

International Journal of Finance & Economics Pub Date : 2022-12-05 DOI: 10.1002/ijfe.2187

Fredj Jawadi

引用次数: 0

Macroeconomic Determinants of Households' Indebtedness in Portugal: What Really Matters in the Era of Financialisation? 葡萄牙家庭负债的宏观经济决定因素:金融化时代真正重要的是什么?

International Journal of Finance & Economics Pub Date : 2022-09-04 DOI: 10.15847/DINAMIACET-IUL.WP.2020.06

Ana Romão, Ricardo Barradas

{"title":"Macroeconomic Determinants of Households' Indebtedness in Portugal: What Really Matters in the Era of Financialisation?","authors":"Ana Romão, Ricardo Barradas","doi":"10.15847/DINAMIACET-IUL.WP.2020.06","DOIUrl":"https://doi.org/10.15847/DINAMIACET-IUL.WP.2020.06","url":null,"abstract":"The objective of this paper is to perform a time series econometric analysis in order to empirically assess the macroeconomic determinants and the corresponding drivers of the Portuguese households’ indebtedness in the period 1988 to 2016. During that period, the Portuguese economy experienced a process of financialisation that contributed to an increase in Portuguese households’ indebtedness to unprecedented levels. The Portuguese households’ indebtedness played a crucial role in the recent sovereign debt crisis. Based on the existing literature, we hypothesize that Portuguese households’ indebtedness was due to seven macroeconomic determinants, notably housing prices, financial asset prices, the degree of personal income inequality, households’ labour income, the importance of welfare state expenditures, the fraction of the working-age population and the level of interest rates. Our findings reveal that financial asset prices, the degree of personal income inequality, households’ labour income and the fraction of the working-age population positively impact Portuguese households’ indebtedness, whereas the housing prices negatively impact Portuguese households’ indebtedness. Our findings also show that the increase in financial asset prices and the decline in housing prices were the main drivers of Portuguese households’ indebtedness in the last few decades.","PeriodicalId":371613,"journal":{"name":"International Journal of Finance & Economics","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130354142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Capital Flows to Emerging Economies and Global Risk Aversion during the COVID-19 Pandemic COVID-19大流行期间新兴经济体的资本流动与全球风险规避

International Journal of Finance & Economics Pub Date : 2021-09-01 DOI: 10.36095/banxico/di.2021.17

C. Alba, G. Cuadra, J. Hernández, Raul Ibarra

引用次数: 1

International Journal of Finance &amp; Economics最新文献

International Journal of Finance & Economics最新文献