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

Yizhe Dong, Wenxuan Hou, Binxuan Lin, Ting Zhang

Research output: Contribution to journalArticlepeer-review

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.
Original languageEnglish
JournalThe European Journal of Finance
Early online date11 Jan 2022
DOIs
Publication statusE-pub ahead of print - 11 Jan 2022

Keywords

  • climate change
  • corporate decision
  • Covid-19 pandemic
  • macro-finance
  • macroeconomic condition

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