Advances in Financial Markets

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Financial Markets".

Deadline for manuscript submissions: 30 June 2024 | Viewed by 2020

Special Issue Editor


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Guest Editor
University of Liechtenstein, Vaduz, Liechtenstein
Interests: innovative finance; experimental finance; financial markets; blockchain; fintech

Special Issue Information

Dear Colleagues,

We are delighted to extend an invitation to you as potential contributors to this upcoming Special Issue of the Journal of Risk and Financial Management, entitled "Advances in Financial Markets", as we believe your insights and expertise would make a valuable contribution to this rapidly evolving field.

The financial landscape is undergoing a remarkable transformation with the advent of disruptive technologies and innovative approaches. This Special Issue aims to shed light on the latest developments and advancements in financial markets, exploring a diverse range of topics and encouraging interdisciplinary collaboration.

Some suggested topics for submissions include the following:

  • Token economics: investigating the design, implementation, and implications of token-based economic systems, such as cryptocurrencies, security tokens, and utility tokens.
  • Blockchain: analyzing the impact of blockchain technology on financial markets, including its potential to enhance transparency, reduce transaction costs, and enable new forms of financial infrastructure.
  • Crypto exchanges: examining the challenges and opportunities associated with cryptocurrency exchanges, such as regulatory considerations, market liquidity, security measures, and customer protection.
  • FinTech: exploring the latest advancements in financial technology and their effects on traditional financial markets, such as artificial intelligence, robo-advisors, digital payments, and automated trading systems.
  • Innovative financing approaches: investigating alternative financing models, such as crowdfunding, peer-to-peer lending, impact investing, and decentralized finance (DeFi), and assessing their potential implications for risk management and financial stability.

While these topics serve as a starting point, we encourage submissions on other pertinent areas within the broader theme of advances in financial markets.

Submitted articles will undergo a thorough peer-review process to ensure the highest quality and scholarly integrity.

Dr. Martin Angerer
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • token economics
  • blockchain
  • crypt exchanges
  • fintech
  • innovative financing approaches

Published Papers (1 paper)

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Research

16 pages, 1400 KiB  
Article
Comparative Analysis of Stock Bubble in S&P 500 Individual Stocks: A Study Using SADF and GSADF Models
by Durga Acharya
J. Risk Financial Manag. 2024, 17(2), 59; https://doi.org/10.3390/jrfm17020059 - 05 Feb 2024
Viewed by 1814
Abstract
Stock bubbles are characterized by unpredictable price surges and subsequent declines, causing significant losses for investors. This study investigates the effectiveness of the Generalized Sup Augmented Dickey–Fuller (GSADF) test in identifying mild explosive patterns and speculative bubbles within individual S&P 500 stocks, as [...] Read more.
Stock bubbles are characterized by unpredictable price surges and subsequent declines, causing significant losses for investors. This study investigates the effectiveness of the Generalized Sup Augmented Dickey–Fuller (GSADF) test in identifying mild explosive patterns and speculative bubbles within individual S&P 500 stocks, as compared to the Sup Augmented Dickey–Fuller (SADF) test. Utilizing real-time monitoring data, this research examines unit roots, stationarity, and the ability to detect multiple structural breaks. The GSADF test consistently outperforms the SADF test in rejecting the null hypothesis, demonstrating greater sensitivity and efficacy in recognizing stock bubbles. Monte Carlo simulations address size distortions in the GSADF test, enhancing accuracy. Full article
(This article belongs to the Special Issue Advances in Financial Markets)
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