Economic Notes最新文献

Private and Social Welfare Gains in the Diamond-Dybvig Model: A Rationale for the Existence of Banks 戴蒙德-戴布维格模型中的私人和社会福利收益：银行存在的基本原理

IF 1.4

Economic Notes Pub Date : 2026-02-24 DOI: 10.1111/ecno.70019

Marco Guerrazzi

引用次数: 0

Issue Information (ECNO) 发行信息（ECNO）

IF 1.4

Economic Notes Pub Date : 2026-02-13 DOI: 10.1111/ecno.70017

引用次数: 0

Spotting the Predictive Dynamics of Cyclically-Adjusted Financial Ratios in the US Stock Market 发现美国股市经周期调整财务比率的预测动态

IF 1.4

Economic Notes Pub Date : 2026-02-13 DOI: 10.1111/ecno.70018

Catherine Georgiou, Athanasios P. Fassas

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引用次数: 0

“From Savings to Security: The Impact of Self-Help Group Micro Savings on Financial Stability and Development—A Literature Analysis” “从储蓄到安全：自助群体小额储蓄对金融稳定与发展的影响——文献分析”

IF 1.4

Economic Notes Pub Date : 2025-10-26 DOI: 10.1111/ecno.70016

T. Raja Rupa, G. Parimalarani

引用次数: 0

Issue Information (ECNO) 发行信息（ECNO）

IF 0.8

Economic Notes Pub Date : 2025-07-29 DOI: 10.1111/ecno.70015

引用次数: 0

The Digital Divide and the Financial Inclusion of Women: Evidence From African Countries 数字鸿沟与妇女普惠金融：来自非洲国家的证据

IF 0.8

Economic Notes Pub Date : 2025-07-29 DOI: 10.1111/ecno.70013

Prince PIVA. Asaloko, Itchoko Montande Mwa Ndjokou Mondjeli

{"title":"The Digital Divide and the Financial Inclusion of Women: Evidence From African Countries","authors":"Prince PIVA. Asaloko, Itchoko Montande Mwa Ndjokou Mondjeli","doi":"10.1111/ecno.70013","DOIUrl":"https://doi.org/10.1111/ecno.70013","url":null,"abstract":"<div>\u0000 \u0000 <p>This article analyzes how the digital divide affects women's financial inclusion in 36 African countries from 2011 to 2022. Employing the quantile regression estimation technique, the main finding shows that the digital divide severely impedes financial inclusion. The negative finding is robust with respect to the use of women's financial inclusion sub-indexes and alternative measures of the digital divide. The negative relationship is robust to OLS, Tobit, censored Poisson and truncated negative binomial estimators. Furthermore, we find that income inequality amplifies the negative effect of the digital divide on women's financial inclusion, whereas human capital mitigates the effect of the digital divide and improves women's financial inclusion. Above certain human capital thresholds, the digital divide no longer has a negative impact on the financial inclusion of women. Based on the quantiles, on average, about 10 years of schooling of the population is required to compensate for the unfavourable effect of the digital divide on the financial inclusion of women. Policy implications are discussed.</p>\u0000 </div>","PeriodicalId":44298,"journal":{"name":"Economic Notes","volume":"54 3","pages":""},"PeriodicalIF":0.8,"publicationDate":"2025-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144716585","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: 0

Reflecting on the Recent Banking Crisis, What Are the New Financial Stability Determinants? 反思最近的银行危机，什么是新的金融稳定决定因素？

IF 0.8

Economic Notes Pub Date : 2025-07-18 DOI: 10.1111/ecno.70014

Peterson K. Ozili

{"title":"Reflecting on the Recent Banking Crisis, What Are the New Financial Stability Determinants?","authors":"Peterson K. Ozili","doi":"10.1111/ecno.70014","DOIUrl":"https://doi.org/10.1111/ecno.70014","url":null,"abstract":"<div>\u0000 \u0000 <p>Little attention has been paid to the role of inflation and financial inclusion in influencing financial stability. These factors have become all the more important in light of the recent banking crisis in the United States. The lessons learnt from the recent banking crisis have heightened the need for financial regulators and bank supervisors to undertake a continuous search for the nontraditional determinants of financial stability to identify risks early and mitigate risks to financial system stability. In this article, we examine some nontraditional determinants of financial stability using data from 61 countries from 2009 to 2021. The first-difference panel GMM regression method was used to estimate the model, and we find that greater financial stability in the previous period is followed by greater financial stability in the subsequent period in all regions, signalling the persistence of financial stability. The loan-to-deposit ratio improves financial stability in European and Americas countries, while countries that have a high level of financial inclusion, and whose banking sector has a high loan-to-deposit ratio, are more financially stable. Financial inclusion improves financial stability in high inflation environments particularly in African and Americas countries. High levels of financial inclusion impair financial stability during a recession particularly in Asian countries. African banks with a high loan-to-deposit ratio are more financially stable during a recession. Also, Americas and African countries that have a combined high financial inclusion and inflation rates and whose banking sector has a high loan-to-deposit ratio are less financially stable, indicating that high inflation hinders financial inclusion and loan-to-deposit ratio from improving financial stability.</p>\u0000 </div>","PeriodicalId":44298,"journal":{"name":"Economic Notes","volume":"54 2","pages":""},"PeriodicalIF":0.8,"publicationDate":"2025-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144647650","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: 0

Quantile Effects of Climate Policy Uncertainty, Economic Policy Uncertainty, and Interest Rates on REIT Returns: Evidence From the United States 气候政策不确定性、经济政策不确定性和利率对REIT回报的分位数效应：来自美国的证据

IF 0.8

Economic Notes Pub Date : 2025-05-28 DOI: 10.1111/ecno.70012

Provash Kumer Sarker, Xihui Haviour Chen

引用次数: 0

The Fintech Sector as an Investment: Old Wine in a New Bottle? 金融科技行业作为一种投资：新瓶装旧酒？

IF 0.8

Economic Notes Pub Date : 2025-05-02 DOI: 10.1111/ecno.70011

Jarkko Peltomäki

引用次数: 0

Modelling IRB Risk-Weighted Assets: Looking Beyond Stress Tests IRB风险加权资产建模：超越压力测试