The Usage of R Programming in Finance and Banking Research
Ceyhun Ozgur, Sanjeev Jha, Elyse “Bennie” Myer-Tyson, David Booth · Journal of Accounting and Finance · 2018
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.