Title

The Usage of R Programming in Finance and Banking Research

Authors

Ceyhun Ozgur, Valparaiso University
Sanjeev Jha, Valparaiso University
Elyse Myer-Tyson
David Booth

Document Type

Article

Publication Date

7-2018

Journal Title

Journal of Accounting & Finance

Volume

18

Issue

3

Abstract

R has grown tremendously over the years in terms of number of users and capability with the development of hundreds of packages. In this research, we investigate the usage of R in Finance and Banking areas. We begin with a comparative analysis of R with other computing software like SAS and Python. Then we discuss the reasons for the growth of R's usage in financial sector. We end with a comparative evaluation of Python and R 's strengths and weaknesses in a classroom.

Recommended Citation

Ozgur, Ceyhun; Jha, Sanjeev; Myer-Tyson, Elyse; and Booth, David, "The Usage of R Programming in Finance and Banking Research" (2018). Business Faculty Publications. 59.
https://scholar.valpo.edu/cba_fac_pub/59