Financial behavior is different for generations, such as in generations Y and Z, when the research was conducted they were still relatively young, have characteristics of course financial behavior. This study aims to examine differences Z which are influenced by literacy, attitude toward money locus control. The method data analysis this used multiple linear regression SPSS 25 program processin...

Modern financial regulation has been about the spread of market-sensitive riskmanagement systems for banks, the spill-over of this approach to other financial institutions and the retreat of regulatory ambition. There is evidence that these trends are leading to a more fragile financial system, more prone to concentration and ‘liquidity black holes’. The most glaring effects of these trends are...

This study evaluates the household food demand patterns among different income sorts in urban and rural areas of Pakistan and estimation of food expenditure and household size elasticities. The different income sorts are the Lower Income Group(≤ 8000), Lower-middle Income Group(800112000), Middle Income Group(12001-18000),Upper-middle Income Group (18001-35000) and Upper Income Group (35000+) P...

This study sought to examine the relationship between financial literacy and behavior among owners/managers of MSEs in Sunyani Municipality. Primarily, research examined level as well extent which knowledge informs behaviour attitude will aid making a rational decision for their business. In accordance with study’s objective, employed primary data used quantitative approach descriptive su...

It is well known that stock market returns are uncorrelated on lags larger than a single day, in agreement with the hypothesis of efficient market. On the contrary, absolute returns have memory for longer times; this phenomenon is known in financial literature as clustering of volatility. In ARCH-GARCH models [1–3], volatility memory is longer than a single time step but it decays exponentially...

We describe conditions on signal distributions that are necessary and sufficient for informational herding in a stylized model of sequential specialist security trading. Curiously, there can be persistent herding even with signals that satisfy the Monotone Likelihood Ratio Property. Price paths are strongly biased in the direction of the herd but prices are also very sensitive to movements agai...

We are the first paper to analyse and confirm the existence and extent of rational informational herding and rational informational contrarianism in a financial market experiment, and to compare and contrast these with the equivalent irrational phenomena. In our study, subjects generally behaved according to benchmark rationality. Moreover, traders who should herd or be contrarian in theory are...

We are the first paper to analyse and confirm the existence and extent of rational informational herding and rational informational contrarianism in a financial market experiment, and to compare and contrast these with the equivalent irrational phenomena. In our study, subjects generally behaved according to benchmark rationality. Moreover, traders who should herd or be contrarian in theory are...

We study a generic model for self-referential behaviour in financial markets, where agents attempt to use some (possibly fictitious) causal correlations between a certain quantitative information and the price itself. This correlation is estimated using the past history itself, and is used by a fraction of agents to devise active trading strategies. The impact of these strategies on the price m...

Small, and Medium Enterprises (SMEs) play an essential role in economic growth development Indonesia. SMEs are integral part of the national business world, which has a strategic position, potential, realizing goals. So to achieve above objectives, it is necessary have that can survive various conditions. Good management needed manage these SMEs, one financial behavior because individual's perc...