... the results, and Section 6 reports the causality analysis. Subsequently, Section 7 is discussion and finally, Section 8 is the conclusion. Capital inflows Government debt Causality Nonlinearity C33 C36 E62 H63 O5 O40 The growing government debt levels across the globe have raised...

... C26 C33 E44 G21 JEL Code B22 C26 C33 E44 G21 B22 C26 C33 E44 G21 The financial landscape of most global economies, defined by an array of financial institutions with varied operational dynamics in a financial system, is often dominated by commercial banks offering...

... Artificial intelligence Financial system stability Technology Asymmetry panels C33 E44 E58 G00 O33 Contemporary finance and the societies that support it undoubtedly gain from the advancements brought about by technology. In stark contrast to the traditional brick-and-mortar finance...

... Publishing Limited Licensed re-use rights only Economic growth Financial development Tourism-led growth Panel quantile C33 F43 G2 Z32 The majority of economists agree that the tourism industry contributes to strengthening national economies. Sharma (2023) has listed five...

... Panel data Vector autoregression Fundamental dynamics C33 C54 G21 G32 Banks are businesses that handle risk (Koch and MacDonald, 2014). To maximize their value, banks perform an intermediation function (from which they obtain interest margin) and offer other financial services (from...

... Volatility Economic policy uncertainty Geopolitical risk Climate policy uncertainty Cryptocurrency markets C33 C50 F42 The efficient market hypothesis has received much attention since Fama (1970) , according to which financial markets are efficient. This implies that all information...

... to 2010. C33 C36 C55 O44 O47 A century ago, Ramsey (1928) provided insights on the permanent income and life cycle theory of consumption to model individual saving choices. These results were useful for the development of a theoretical growth literature in the 1950s and 1960s...

... accords Financial sector stability 2007-2011 financial crisis Total factor productivity C33 G18 G21 G24 G28 The waves of financial distress and corrective regulations date back more than 800 years ago (Reinhart, 2008 ; Reinhart and Rogoff, 2014). Following the 2008 financial crisis...

... risk and risk management Macroeconomic policy Credit risk Non-performing loans Systemic banks Systemic risk Impaired loans Asset quality European banks Europe Bank profitability C33 E44 G21 In addition to these issues, the credit risk of a systemic financial institution...

... development Financial markets Debt management Public administration C33 G21 H74 The main role played by national development banks is providing financing lines in economies facing incomplete and inefficient credit markets. In this context, it is understandable that the creation...

... 2018 17 04 2018 04 05 2018 © Emerald Publishing Limited 2018 Emerald Publishing Limited Licensed re-use rights only India Financial deepening Poverty Financial inclusion C33 G21 Financial inclusion is a multi-dimensional concept of financial development...

... 2017 Emerald Publishing Limited Licensed re-use rights only Banks Central banks and their policies E52 E58 G21 C33 Theoretical models emphasize the importance of private expectations in determining macroeconomic outcomes (King et al., 2008 ; Eusepi, 2010 ; Lamla...

... that has not been studied previously. G21 E44 C33 financial risk and risk management Financial markets and the macroeconomy Financial institutions and services Non-performing loans Time-series models VAR Instrumental variables estimations US banking industry Macrofinancial linkages...