FINANCIAL SERVICES MARKET ASSETS IN UKRAINE

Market Organization and the Prices of Financial Assets*

Several empirical regularities in the prices of financial assets are at odds with the predictions of standard economic theory. I address these regularities and explore the extent to which they are resolved in the context of two markets organized in very different ways. The first setting is a neoclassical economy with incomplete markets and heterogeneous agents. Market incompleteness naturally a...

Blockchain Technology and the Financial Services Market

Transformation of Household Credit Behavior in the Conditions of Digitalization of the Financial Services Market

Within the article, the impact of modern digitalization processes on changing household credit behavior is considered. Much attention is paid to defining the essence of digitalization and exploring the features of its impact on the financial services market. Accordingly, the content of household credit behavior and its individual models are examined. This behavior is proposed to be considered a...

Behavioral Aspects of Financial Anomalies in Ukraine

This article is devoted to the problems of financial anomalies in Ukraine. Groups of main financial anomalies, and the key reasons for the development of such financial anomalies will be herein defined, and the behavior of the economic agents which frame financial anomalies in Ukraine will be explained. Possibilities for overcoming such financial anomalies will

Financial Repression in Transition: Evidence from Ukraine

This paper provides a rationale for the relatively poor macroeconomic performance in the post-Soviet transition economies based upon the concept of financial repression. Policies undertaken to assist in financing government expenditures caused financial repression and financial fragmentation, to use the terms introduced by McKinnon (1973). After an introductory section, I introduce a theoretica...