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Recent advances and future directions in macro-finance: macroeconomic conditions and corporate decisions

Author

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  • Yizhe Dong
  • Wenxuan Hou
  • Binxuan Lin
  • Ting Zhang

Abstract

A decade after the 2007–2009 financial crisis, the covid-19 pandemic causes disruptive economic conditions and its uncertain nature makes the formulation of macroeconomic policy response challenging. Meanwhile, extreme weather and natural disasters linked to climate change become more frequent and adversely affect the economy. These challenges highlight the importance of better understanding the effects of macroeconomic conditions on corporate decisions. This article reviews the related macro-finance literature and introduces articles included in this special issue on this theme. In the end, we suggest possible future research directions.

Suggested Citation

  • Yizhe Dong & Wenxuan Hou & Binxuan Lin & Ting Zhang, 2022. "Recent advances and future directions in macro-finance: macroeconomic conditions and corporate decisions," The European Journal of Finance, Taylor & Francis Journals, vol. 28(4-5), pages 307-313, March.
  • Handle: RePEc:taf:eurjfi:v:28:y:2022:i:4-5:p:307-313
    DOI: 10.1080/1351847X.2021.2022509
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    Cited by:

    1. Wang, Shuguang & Hou, Qiqi, 2023. "Corporate strategy aggressiveness and bond credit spreads," Finance Research Letters, Elsevier, vol. 56(C).
    2. Jorge Sepúlveda-Velásquez & Pablo Tapia-Griñen & Boris Pastén-Henríquez, 2023. "Financial effects of natural disasters: a bibliometric analysis," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 118(3), pages 2691-2710, September.
    3. Boubaker, Sabri & Goodell, John W. & Kumar, Satish & Sureka, Riya, 2023. "COVID-19 and finance scholarship: A systematic and bibliometric analysis," International Review of Financial Analysis, Elsevier, vol. 85(C).

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