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International Journal of Financial Studies, Volume 13, Issue 1

March 2025 - 47 articles

Cover Story: Inflation remained quiescent for several decades before surging in 2021 and 2022. Inflation subsequently decelerated in 2023 and 2024. This paper investigates how the increase and decrease in inflation after 2019 affected the U.S. stock market. To this end, a fully specified multi-factor model that measures the exposure of 54 assets to inflation, monetary policy, and other macroeconomic variables over the period from 1994 to 2019 is created. Inflation betas are then used to investigate how investor perceptions of inflation changed between 2020 and 2024. The results indicate that concerns surrounding inflation roiled the stock market over this period. The Fed’s anti-inflationary policies whipsawed markets even further. These findings highlight the dangers that arise when monetary policy allows inflation to accelerate. View this paper
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Articles (47)

  • Article
  • Open Access
1 Citations
3,157 Views
24 Pages

This study investigates the role of short sales in mitigating post-shock anomalies in stock returns within the context of China’s evolving short-sales regulations. Utilizing a unique dataset of daily short-sale volumes, this research examines h...

  • Article
  • Open Access
1 Citations
3,999 Views
31 Pages

This paper investigates the firm-level determinants of debt policy in private family SMEs. It employs a comparative analysis of two sub-samples of family and non-family SMEs using panel data from 200 Moroccan SMEs over the period from 2018 to 2022. T...

  • Article
  • Open Access
1 Citations
3,901 Views
26 Pages

This paper examines the dynamic relationships between speculative activities, commodity returns, and macroeconomic conditions across five sectors compassing 29 commodities. Using weekly data spanning from January 2000 to July 2023, we construct compr...

  • Article
  • Open Access
4 Citations
7,872 Views
19 Pages

The purpose of this research is to examine the relationship between digital financial inclusion and economic growth in the SADC countries, while exploring the crucial moderating role of institutions. The digital financial inclusion (DFI) and institut...

  • Article
  • Open Access
7 Citations
5,432 Views
20 Pages

Modern economies are progressively acknowledging the need to assess environmental, social, and corporate governance (ESG) elements to identify possible risks and possibilities. The financial sector, exerting significant influence over the economy, is...

  • Article
  • Open Access
10 Citations
4,746 Views
24 Pages

The inclusive and environmentally sustainable transformation of economic growth is a crucial indicator for the high-quality development of urban areas. In this perspective, this paper explores the connection between digital inclusive finance and incl...

  • Review
  • Open Access
3 Citations
15,909 Views
20 Pages

The purpose of this meta-analytical review of experimental studies was to examine the effects of financial literacy and financial behavior on financial well-being. This research was conducted by a master’s in library and information science (ML...

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