📈 Category

econ

1880 papers

📈 economics

Security, Privacy and Regulatory Governance in Digital Payments. A Systematic Review and Cross-Architecture Framework for PIX, Blockchain, and Central Bank Digital Currencies

This study employs a systematic review and the proposed Digital Payment Governance Framework (DPGF) to compare the security, privacy, and regulatory compliance trade-offs among PIX, public blockchains, and CBDCs, ultimately identifying hybrid architectures with selective disclosure as the optimal direction for next-generation payment governance.

Nilton Gomes Furtado, Julia Vasconcelos Furtado2026-07-07
📈 economics

AI and Quantum Trading Agents: Cybersecurity, Governance, and Regulatory Challenges in Financial Decision-Making

This study employs a systematic mapping review of 96 interdisciplinary sources to identify critical governance gaps and propose a comprehensive research agenda for regulating the convergence of AI and quantum technologies in autonomous financial trading, addressing the current lack of integrated frameworks for cybersecurity, accountability, and systemic risk management.

Audrey Rah2026-07-07
📈 economics

Macroeconomic Liquidity Transmission to the Cryptocurrency Market: A Correlation Study of Dxy and Usdt Dominance

This study empirically demonstrates that the relationship between the US Dollar Index (DXY) and USDT Dominance is a significant, regime-dependent correlation driven by macroeconomic liquidity conditions rather than lagged causality, with its strength and direction varying substantially across different market cycles in support of the Adaptive Market Hypothesis.

NAFI AL KAUTSAR PUTRAWAN2026-07-07
📈 economics

Disentangling the Monetary-Fiscal Nexus in a Developing Economy: A Dual-Model ARDL Analysis of Public Debt Servicing, Short-Term Debt, and Inflation in Ghana

This study analyzes Ghana's 1980–2020 data using a dual-model ARDL approach to reveal that while public debt servicing significantly reduces domestic inflation by crowding out productive spending, short-term debt maturity has no statistical impact, suggesting that currency stabilization and demand management are more critical for economic stability than altering debt profiles.

Isaac Nyame, Gabriel Osei Forkuo2026-07-07
📈 economics

Heterogeneous Trader Responses to Macroeconomic Surprises: A Simulation of Order-Flow Dynamics

This paper presents a calibrated simulation framework modeling four distinct trader archetypes to demonstrate how heterogeneous risk preferences and information levels drive varied order-flow responses to macroeconomic surprises, revealing that sophisticated, low-risk-aversion agents capitalize on shocks more effectively while ambient liquidity amplifies these dynamics.

Haochuan Wang2026-07-07
📈 economics

The impact of blue finance development on the green total factor productivity of coastal areas

This paper empirically demonstrates that blue finance development significantly enhances green total factor productivity in China's coastal cities, primarily through industrial structure upgrading, optimized green resource allocation, and strengthened environmental regulation, with effects varying by region and financial characteristics.

Shenglin Zhou, Zhicheng Wan, Yudan Cai, Na Li2026-07-07
📈 economics

Green Infrastructure Financing in Developing Countries: Trends, Opportunities and Challenges

This study systematically reviews literature and analyzes an Indian case study to identify that while developing countries utilize diverse financing mechanisms like green bonds and public–private partnerships for green infrastructure, they face significant challenges such as regulatory uncertainty and high upfront costs, necessitating strengthened governance and blended finance strategies to bridge funding gaps.

Bronson Mutanda, Bomi Nomlala2026-07-07
📈 economics

Asset-Universe Design and Action-Space Granularity in Cointegration-Based Deep Reinforcement Learning for Cryptocurrency Statistical Arbitrage

This study demonstrates that the out-of-sample performance of cointegration-based deep reinforcement learning for cryptocurrency statistical arbitrage is critically dependent on asset-universe construction and action-space granularity, with specific universe designs (such as Payment-Coin and Baseline 14) and binary action spaces yielding superior returns compared to broader universes or granular action specifications.

Veliota Drakopoulou2026-07-07