Financial Business Cycle

Special Issue Editor:
Professor Zhenghui Li
Guangzhou Academy of International Finance and Guangzhou University, Guangzhou, China.


Financial factors including financial shocks, financial friction and financial intermediaries, have made significant impacts on economies in recent years. Research conclusions from developed economies present that the contributions of financial factors to economic fluctuation have been beyond 50%, and the financial factors are regarded as the most important source of economic fluctuation. In this setting, a great reform is taking place on macroeconomic cycle theory, just like Keynesianism in the 1930s. The development of the theory of financial business cycle has increased its notability in academia. This theory, initiating from the Asian financial crisis and making a major breakthrough after the global financial crisis in 2008, emphasizes the effects of financial factors on the economy and states that banks should be embedded into the general framework of dynamic stochastic general equilibrium.

Quantitative Finance and Economics (QFE) tries hard to provide high-quality research information about developments in the theory of financial business cycle. Due to the increasing effects of financial factors on the economy, world-wide interest in the work performed by researchers in this area is constantly expanding.

Instruction for Authors:

Submission due date: 30 April 2017

Andreas Tsalas, Platon Monokroussos
+ Abstract     + HTML     + PDF(873 KB)
Raymond J. Hawkins, Hengyu Kuang
+ Abstract     + HTML     + PDF(482 KB)
Yuhang Zheng, Siming Liu
+ Abstract     + HTML     + PDF(0KB)
Yue Liu, Gaoke Liao
+ Abstract     + HTML     + PDF(467 KB)
Sandro Claudio Lera, Didier Sornette
+ Abstract     + HTML     + PDF(1665 KB)
Zhenghui Li, Zhenzhen Wang, Zhehao Huang
+ Abstract     + HTML     + PDF(1596 KB)
I-Chun Tsai, Huey-Cherng Tsai
+ Abstract     + HTML     + PDF(710 KB)
Yinghua Ren, Weiwen Gu
+ Abstract     + HTML     + PDF(621 KB)
Open Access Journals
Open Access Journals