This paper examines the role of trade credit insurance in a supply chain consisting of a capital-constrained supplier and a capital-constrained retailer. The retailer faces stochastic market demand and seeks trade credit from the supplier. The suppli...
This paper develops a capped barrier option model to examine how a cap-and-trade mechanism affects an insurer’s guaranteed rate-setting behavior and policyholder protection in a financial gray rhino environment. Toward sustainability, the insur...
Trade-finance instruments may support export performance by alleviating financing constraints and reducing international payment risks. This study examines the short- and long-run relationships between Turkish Eximbank instruments and Turkey’s...
Saudi Arabia has consistently had low insurance penetration (around 0.89% of GDP over the previous three decades), which is far lower than the worldwide average and the goals set by Vision 2030. This research examines the factors influencing insuranc...
This paper explores a potential paradigm shift in trade finance utilizing blockchain technology. Traditionally, the centralized operating model has governed trade finance and the manner in which traders handle business processes. However, such heavy...
Shot-noise processes generalize compound Poisson processes in the following way: a jump (the shot) is followed by a decline (noise). This constitutes a useful model for insurance claims in many circumstances; claims due to natural disasters or self-e...
This study aims to investigate the influence of digital financial inclusion on China’s urban–rural income disparity. A comparative analysis on income differences between western and eastern regions in China was conducted in this paper. Th...
Urban air quality is inextricably linked to the operations of micro-firms. This paper employs the “Qinling-Huaihe” River demarcation as an instrumental variable to construct a regression discontinuity design (RDD) coupled with the two-sta...
This study endeavors to explore the shock-transmission mechanism between Trade Policy Uncertainty (TPU) and the volatility inherent in the Gulf Cooperation Council (GCC) Islamic stock markets by employing the novel Quantile Vector Auto Regression (QV...
This paper analyzes the factors influencing households’ resilience capacities to shocks within Kenya’s fisheries and aquaculture sectors and draws from primary data collected from 419 fish-dependent households across Kisumu, Busia, Mombas...