All Outputs (3)

SME's lending and Islamic finance. Is it a "win-win" situation? (2016)
Journal Article
Shaban, M., Duygun, M., & Fry, J. (2016). SME's lending and Islamic finance. Is it a "win-win" situation?. Economic modelling, 55, 1-5. https://doi.org/10.1016/j.econmod.2016.01.029

Information asymmetry is a common feature that hinders lending to small and medium enterprises (SMEs). In the last decade, the growth in Islamic banks lending to SMEs was overwhelming to the extent that it prompted practitioners to regard this as a “... Read More about SME's lending and Islamic finance. Is it a "win-win" situation?.

Negative bubbles and shocks in cryptocurrency markets (2016)
Journal Article
Fry, J., & Cheah, E. (2016). Negative bubbles and shocks in cryptocurrency markets. International review of financial analysis, 47, 343-352. https://doi.org/10.1016/j.irfa.2016.02.008

In this paper we draw upon the close relationship between statistical physics and mathematical finance to develop a suite of models for financial bubbles and crashes. The derived models allow for a probabilistic and statistical formulation of econoph... Read More about Negative bubbles and shocks in cryptocurrency markets.

Explosive bubbles in the US-China exchange rate? Evidence from right-tailed unit root tests (2016)
Journal Article
El Montasser, G., Fry, J., & Apergis, N. (2016). Explosive bubbles in the US-China exchange rate? Evidence from right-tailed unit root tests. China Economic Journal, 9(1), 34-46. https://doi.org/10.1080/17538963.2015.1125591

In this article we apply novel right-tailed unit root (sup Augmented Dickey-Fuller (SADF) and generalized sup ADF) tests to the China–US exchange rate. The empirical results document that the recent financial crisis in 2008 may be preceded by early w... Read More about Explosive bubbles in the US-China exchange rate? Evidence from right-tailed unit root tests.