You are currently viewing a new version of our website. To view the old version click .

International Journal of Financial Studies, Volume 12, Issue 4

December 2024 - 34 articles

Cover Story: Many financial markets, including the interbank and bond markets, operate as multi-dealer electronic platforms where customers can submit requests for quotes (RFQs) to dealers. Transparency regimes, particularly anonymity, play a crucial role in shaping market dynamics. This study uses experimental markets to analyse the impact of introducing anonymity into RFQ systems. By contributing to the ongoing debate on transparency, this research offers valuable insights into the evolving landscape of electronic trading platforms. The results reveal that anonymity improves liquidity and price efficiency without adversely affecting trading profits. These findings highlight anonymity’s potential to improve market quality, benefiting smaller customers and supporting efficient price formation. View this paper
  • Issues are regarded as officially published after their release is announced to the table of contents alert mailing list .
  • You may sign up for email alerts to receive table of contents of newly released issues.
  • PDF is the official format for papers published in both, html and pdf forms. To view the papers in pdf format, click on the "PDF Full-text" link, and use the free Adobe Reader to open them.

Articles (34)

  • Feature Paper
  • Article
  • Open Access
3,018 Views
19 Pages

GINI’s Odyssey in Greece: Econometric Analysis of Income Inequality, GDP, and Unemployment Through Economic Phases (Pre-Crisis, Crisis, Memoranda, and Post-Memoranda)

  • Panagiotis Karountzos,
  • Nikolaos T. Giannakopoulos,
  • Damianos P. Sakas,
  • Kyriaki I. Efthalitsidou and
  • Stavros P. Migkos

This study explores the relationship between income inequality, economic growth, and unemployment in Greece from 2003 to 2020, encompassing key economic phases: pre-crisis, crisis, memoranda, and post-memoranda. The aim is to analyze how economic gro...

  • Article
  • Open Access
2 Citations
3,651 Views
18 Pages

Purpose: This study aims to demonstrate the impact of Foreign Investment (FI) on the disclosure of digital Financial Inclusion (FIN) through mobile banking (MB) and the performance of banks, as well as the direct impact of disclosing digital FIN indi...

  • Article
  • Open Access
1,833 Views
31 Pages

Natural Cubic Spline Approximation of Risk-Neutral Density

  • Shuang Zhou,
  • Liyuan Jiang,
  • Keren Li,
  • Fangfang Wang and
  • Jie Yang

The risk-neutral density is a fundamental concept in pricing financial derivatives, risk management, and assessing financial markets’ perceptions over significant political or economic events. In this paper, we propose a new nonparametric metho...

  • Article
  • Open Access
3 Citations
2,634 Views
21 Pages

While prior research has established direct relationships between strategic risk integration and ESG performance in banking, critical gaps remain in understanding the transformation mechanisms, particularly in emerging markets. This study investigate...

  • Article
  • Open Access
3 Citations
4,805 Views
15 Pages

The study investigated the moderating effect of bank size on the relationship between income diversification and asset diversification on bank stability in the context of commercial banks in Bangladesh. A total of 180 observations from 36 listed bank...

  • Article
  • Open Access
5 Citations
3,118 Views
20 Pages

This study examined the influence of cognitive biases on financial literacy test outcomes across four generational groups: Gen Z, Millennials, Gen X, and Baby Boomers. Using the National Financial Capability Test and an online in silico experiment, w...

  • Article
  • Open Access
4 Citations
4,429 Views
21 Pages

FinTech Implementation Challenges in the Palestinian Banking Sector

  • Jamal Hurani,
  • Mohammed Kayed Abdel-Haq and
  • Emir Camdzic

This study addresses FinTech implementation challenges in the banking industry in Palestine. This was accomplished by adopting qualitative research methods. Semi-structured interviews were conducted with interviewees from the Palestinian Monetary Aut...

  • Article
  • Open Access
4 Citations
6,133 Views
29 Pages

Food Financialization: Impact of Derivatives and Index Funds on Agri-Food Market Volatility

  • María del Rosario Venegas,
  • Jorge Feregrino,
  • Nelson Lay and
  • Juan Felipe Espinosa-Cristia

This study explores the financialization of agricultural commodities, focusing on how financial derivatives and index funds impact the volatility of agro-food markets. Using a Dynamic Conditional Correlation (DCC) GARCH model, we analyze volatility s...

  • Article
  • Open Access
2 Citations
5,482 Views
19 Pages

Digital Financial Knowledge Scale (DFKS): Insights from a Developing Economy

  • Kelmara Mendes Vieira,
  • Taiane Keila Matheis,
  • Eliete dos Reis Lehnhart and
  • Fernando Oliveira Tavares

This work aims to create and validate the digital financial knowledge scale (DFKS). Three studies were carried out, including a focus group, expert validation, pre-testing, and the application of item response theory. From these procedures, two versi...

of 4

Get Alerted

Add your email address to receive forthcoming issues of this journal.

XFacebookLinkedIn
Int. J. Financial Stud. - ISSN 2227-7072