Economic Modelling

Article	Citations
Board diversity and outward FDI: Evidence from europe	374
Editorial Board	352
A nonparametric approach to evolutionary oligopoly games: An application to the crude oil industry	329
Editorial of the special issue on: Digital innovation and financial access for SMEs	139
A new approach for estimating trade elasticities and measuring the productivity effects associated with trade	130
A paradox of coalition building in public good provision	123
Are pro-SME credit policies effective? Evidence from shadow banking in China	102
Revisiting the role of economic uncertainty in oil price fluctuations: Evidence from a new time-varying oil market model	100
Forecasting the climate-conflict risk in Africa along climate-related scenarios and multiple socio-economic drivers	98
Can digital transformation reduce within-firm pay inequality? Evidence from China	87
Effects of wage compensation and containment policies on Labor supply during pandemics	86
Fundamental volatility and informative trading volume in a rational expectations equilibrium	85
The cyclical behaviour of fiscal policy: A meta-analysis	81
Do agricultural subsidies matter for women’s attitude towards intimate partner violence? Evidence from Malawi	72
Peer effects on decision making in complex financial situations	67
Financial, institutional, and macroeconomic determinants of cross-country portfolio equity flows: The case of developed countries	63
Social capital dilemma in joint liability lending	62
Spillovers from the European Central Bank's asset purchases to countries in Central and Eastern Europe	59
The effects of the BoJ's ETF purchases on equities and corporate investment	59
Economic policy uncertainty and information intermediary: The case of short seller	59
Government expenditure composition and long-run economic growth in the aging democracy	56
Do geographical appellations provide useful quality signals? The case of Scotch single malt whiskies	56
Investor confidence and high financial literacy jointly shape investments in risky assets	55
Flexible inflation targeting and stock market volatility: Evidence from emerging market economies	54
Debt and financial fragility: Italian non-financial companies after the pandemic	54

Does service trade liberalization relieve manufacturing enterprises’ financial constraints? Evidence from China	54
Job creation and destruction in the digital age: Assessing heterogeneous effects across European Union countries	54
Does capital market liberalization increase corporate labor income share? Evidence from China	53
Identifying the impact of bank competition on corporate shadow banking: Evidence from China	53
The unintended consequences of compensating trade’s losers	52
Testing factor models when asset bubbles occur: A time-varying perspective	50
Grandchild care and grandparents’ labor supply	50
Migrants, regulations, and trade	48
Growth and inequality under different hierarchical education regimes	47
Bayesian TVP-VARX models with time invariant long-run multipliers	47
Government ownership of banks: Implications for minority shareholders	45
Income assistance, marriage, and child poverty: An assessment of the Family Security Act	45
Localized risk factors: Performance differentials between state-level and US factor models	44
Can property tax curb housing costs in China? New insights from Chongqing with Bayesian synthetic control	44
Post-Cold War civil conflict and the role of history and religion: A stochastic search variable selection approach	43
Optimal tax enforcement with productive public inputs	43
Are cooperative and commercial banks equally effective in reducing the shadow economy? International evidence	42
Multi-agent, multi-site resource allocation under quotas with a Stackelberg leader and network externalities	42
News and noise in crime politics: The role of announcements and risk attitudes	41
Land productivity and colonization	40
Disentangling demand and supply inflation shocks from electronic payments data	40
Will voters polarize over pandemic restrictions? Theory and evidence from COVID-19	39
Price connectedness and input–output linkages: Evidence from China	39
A Policy Conundrum: Schumpeterian Growth or Job Creation?	39
Are African business cycles synchronized? Evidence from spatio-temporal modeling	39
Comparing asymmetric price efficiency in regional ESG markets before and during COVID-19	39
Idiosyncratic shocks in a currency union: Insights from West Africa	39
Unlocking the potential of inventory management: Integrating digital transformation with firm practices	38
Did the American Rescue Plan cause inflation? A synthetic control approach	38
On modeling IPO failure risk	38
The digital economy, entry mode strategies, and the profitability of foreign subsidiaries: A global view	37
Portfolio capital flows before and after the Global Financial Crisis	36
A long short-term memory enhanced realized conditional heteroskedasticity model	34
China’s public international investment: A strategic-trade-policy perspective	34
Shock-based inference on the Phillips curve with the cost channel	34
COVID-19 and erosion of democracy	33
Industrial policy persistence and local economic performance: The role of subsidy allocation in China	33
Regional digitalization, dynamic capabilities and green innovation: Evidence from e-commerce demonstration cities in China	33
How are policy uncertainty, real economy, and financial sector connected?	33
Effect of financial development on innovation: Roles of market institutions	32
Gaps between official and excess Covid-19 mortality measures: The effects of institutional quality and vaccinations	32
The impact of debt restructuring on dynamic investment and financing policies	32
The global component of headline and core inflation in emerging market economies and its ability to improve forecasting performance	32
A reformulation of the bank lending channel under multiple prudential regulations	32
Market-based climate policy with fluctuating fossil energy prices	31
Cultural values and interbank markets: An agent-based stock-flow consistent model	31
The economic impact of global uncertainty and security threats on international tourism	30
Public debt management announcements: A welfare-theoretic analysis	30
Global COVID-19 under-reporting: A Tobit model	30
Does vulnerable employment alleviate poverty in developing countries?	30

Multiproduct firm’s reputation and leniency program in multimarket collusion	30
Impacts of asymmetry on forecasting realized volatility in Japanese stock markets	29
Environmental rule enforcement and cash holdings: Evidence from a natural experiment	29
Does social culture matter for firms' access to trade credit? Evidence from China	29
Editorial Board	28
Assessing potential improvement in education: Unravelling pupils' and schools’ inefficiencies using a multi-level metafrontier approach	28
Asymmetric contagion of jump risk in the Chinese financial sector: Monetary policy transmission matters	28
Interest rate trends in a global context	28
Information acquisition and financial advice	27
Does the digital sector affiliation matter for the productivity of multinational firms?	27
Lottery preference, short-sale constraint, and the salience effect: Evidence from China	26
Long-term business relationships, bargaining and monetary policy	26
Emerging market responses to external shocks: A cross-country analysis	26
A long-run approach to money, unemployment, and equity prices	26
Sequential Bayesian bandwidth selection for multivariate kernel regression with applications	26
LAMP, informality and monetary growth rules in an emerging economy	25
Constructing compact cities: How urban regeneration can enhance growth and relieve congestion	25
Intergenerational correlation of self-employment in Western Europe	25
Does the gender composition of local governments matter for firms’ information environment? Evidence from China	25
Does stock market liberalization mitigate litigation risk? Evidence from Stock Connect in China	25
Regime-dependent effects of macroeconomic uncertainty on realized volatility in the U.S. stock market	25
Automating efficiency: The impact of industrial robots on labor investment in China	25
Convergence and determinants of young people not in employment, education or training: An European regional analysis	25
Global value chains and external adjustment: Do exchange rates still matter?	25
Editorial Board	25
Addressing unanticipated interactions in risk equalization: A machine learning approach to modeling medical expenditure risk	25
Taxation and the distributional impact of inflation: The U.S. post-war experience	25
Asymmetries in the transmission of oil price shocks to inflation in the eurozone	25
The impact of road infrastructure on economic circulation: Market expansion and input cost saving	24
Improving minimum-variance portfolio through shrinkage of large covariance matrices	24
The impact of public consumption and investment in the euro area during periods of high and normal uncertainty	24
Strategic archetypes, credit ratings, and cost of debt	24
Financial integration or financial fragmentation? A euro area perspective	24
Bayesian analysis for functional coefficient conditional autoregressive range model with applications	23
Robust estimation of the range-based GARCH model: Forecasting volatility, value at risk and expected shortfall of cryptocurrencies	23
Heterogeneous technology and specialization for economic growth beyond the middle-income stage	23
Consumption–investment comovement and the dynamic impact of monetary policy uncertainty in China	22
Do export quality and destination income matter for exchange rate pass-through? Evidence from China	22
Editorial Board	22
Lateral knowledge transfer and foreign affiliate performance: The importance of affiliate strategic roles	22
Editorial Board	22
Household finances, debt overhang and consumption patterns	22
Trade liberalization with granular firms	22
Editorial Board	22
How do social insurance premiums influence corporate underinvestment? Evidence from an emerging market	21
Robust investment and hedging policy with limited commitment	21
Labor market policies in high- and low-interest rate environments: Evidence from the euro area	21
Intellectual property rights protection and quality upgrading: Evidence from China	21
Household spending diversity, aggregation, and the value of product variety	21
How does offshoring affect the wage impact of immigration?	21
Regulating coopetition in an EV charging market	21
Labour market miracle, productivity debacle: Measuring the effects of skill-biased and skill-neutral technical change	20
A game-theoretic analysis of international tax compliance	20
How does producer services’ agglomeration promote carbon reduction?: The case of China	20
A spatial one-sided error model to identify where unarrested criminals live	20
Onshore and offshore profit shifting and tax revenue losses in the European Union	20
The effect of higher education on Women's obesity and smoking: Evidence from college openings in Turkey	20
Air pollution and gender imbalance in labor supply responses: Evidence from South Korea	20
“Green” fiscal policy measures and nonstandard monetary policy in the euro area	20
Central and Eastern European economies in a Goldilocks age: A model of labor market institutional choice	20
Fiscal institutional reform and export product quality: A Quasi-experimental research on counties managed directly by provinces	20
When trackers are aware of ESG: Do ESG ratings matter to tracking error portfolio performance?	20
Understanding dynamic return connectedness and portfolio strategies among international sustainable exchange-traded funds	20
The art and science of monetary and fiscal policies in an emerging economy	20
Financial distress prediction by combining sentiment tone features	20
Location, profitability, and international trade liberalization in European textile-clothing firms	19
Corrigendum to “A reformulation of the bank lending channel under multiple prudential regulations” [Econ. Modell. 114 (2022) 1–16/105916]	19
Unveiling the trade and welfare effects of regional services trade agreements: A structural gravity approach	19
Impact of the “Belt and Road Initiative” on machinery production networks	19
The labor share puzzle: Empirical evidence for European countries	19
Joint governance corporate alliance and the share of labour income: Evidence from China's private firms	19
Systemic political risk	19
Strategic or substantive green innovation: How do non-green firms respond to green credit policy?	19
Do decreases in Distance-to-Default predict rating downgrades?	19
Editorial Board	19
Taming the housing crisis: An LTV macroprudential policy	19
Carbon trading amidst global uncertainty: The role of policy and geopolitical uncertainty	19
Oil shocks and the U.S. economy in a data-rich model	18
CO2 emissions, energy consumption, and economic growth: Determining the stability of the 3E relationship	18
Do general equilibrium effects matter for labor market dynamics?	18

Sustainable economics and finance: Is the sky bluer than before?	18
Terrorism and uneven economic development	18
Does environmental regulation affect the labor income share of manufacturing enterprises? Evidence from China	18
Policy coordination under model disagreement and asymmetric shocks	18
Examining Chinese volume–volatility nexus: A regime-switching perspective	18
A time-varying Phillips curve with global factors: Are global factors important?	18
Endogenous sector–biased technological change and industrial policy	18
Monetary policy analysis using natural language processing: Evaluating the People's Bank of China's minutes and report summary with the Taylor Rule	18
How does fintech affect bank risk? A perspective based on financialized transfer of government implicit debt risk	18
Sustainable and equitable pension reform for emerging economies: An application to Indonesia	18
Belief-dependent pricing decisions	18
The market value effect of digital mergers and acquisitions: Evidence from China	18
Fiscal multipliers within the euro area in the context of sovereign risk and bank fragility	17
The macroeconomic effects of business tax cuts with debt financing and accelerated depreciation	17
Welfare effects of health insurance reform: The role of elastic medical demand	17
Economic policy uncertainty and green innovation: Evidence from China	17
Hedge fund fee structure and risk exposure	17
Servicification and manufacturing exports: Evidence from India	17
Foreign ownership without knowledge transfers: Evidence of processing exporter underperformance from firm-level data	17
ESG rating confusion and bond spreads	17
Disclosure policies in all-pay auctions with affiliated values	17
Government spending multipliers and financial fragility in Italy	17
Editorial Board	17
Health investment and medical risk: New explanations of the portfolio puzzle	17
How many fundamentals should we include in the behavioral equilibrium exchange rate model?	17
Regulatory arbitrage behavior of internationally active banks and global financial market conditions	17
Share repurchases under economic policy uncertainty: Evidence from China	17
Market price determination: Interpreting quote order imbalance under zero-profit equilibrium	17
Editorial of the special issue on contemporary issues in tourism economics	17
Editorial Board	17
Corporate governance of controlling shareholders and labor employment decisions: Evidence from a parent board reform in China	16
Free licensing strategy and ex-post privatization policy with passive ownership	16
Can land misallocation be a greater barrier to development than capital? Evidence from manufacturing firms in Sri Lanka	16
Exchange rate predictability, risk premiums, and predictive system	16
Market-oriented reforms and wealth inequality in China	16
Discrepancy and cross-regional bias in sovereign credit ratings: Analyzing the role of public debt	16
Pushing and pulling on a string? Inflationary effects of expansionary and contractionary monetary policies when rates are negative	16
Life expectancy, fertility, and retirement in an endogenous-growth model with human capital accumulation	16
Is policy causing chaos in the United Kingdom?	16
Modeling country-sectoral spillovers in generalized propensity score matching: An empirical test on trade data	16
Spatial interactions and micro-enterprises’ uptake of COVID-19 financial aid: Evidence from a spatial hurdle probit model	16
The effects of private and social incentives on students’ test-taking effort	16
Temporary migration, indeterminacy and growth	16
Beyond financial deepening: Rethinking the finance-growth relationship in an uneven world	16
Good and bad self-excitation: Asymmetric self-exciting jumps in Bitcoin returns	16
Resource misallocation in China: Biased subsidies versus credit discrimination	16
Multidimensional poverty and growth: Evidence from India 1998–2021	16
Great moderation with Chinese characteristics: Uncovering the role of monetary policy	16
Optimal carbon tax rates in a dynamic stochastic general equilibrium model with a supply chain	15
On the role of dependence in sticky price and sticky information Phillips curve: Modelling and forecasting	15
Understanding the public-private sector wage gap in Germany: New evidence from a Fixed Effects quantile Approach∗	15
Editorial Board	15
Can conflicts unite a nation?	15
Does demand for health services depend on cost-sharing? Evidence from Italy	15
Business strategy, corporate social responsibility, and within-firm pay gap	15
Bank fintech, liquidity creation, and risk-taking: Evidence from China	15
Examining business cycles and optimal monetary policy in a regional DSGE model	15
Welfare and income effects of tuition subsidies and public investment in schooling	15
Accounting for spanish economic development 1850–2019	15
Editorial Board	15
Do green bonds de-risk investment in low-carbon stocks?	15
Types of employment and well-being of rural residents: A multinomial endogenous switching regression application	15
Uncertainty shocks and business cycles in the US: New insights from the last three decades	15
Spatial economic dynamics in transport project appraisal	15
Winning hearts and minds in conflict-ridden areas: Development as a signal of benevolence	15
The network effect of Chinese competition on what domestic suppliers produce	15
Role of global, regional, and advanced market economic policy uncertainty on bond spreads in emerging markets	14
Internetization and the markups of export firms: Evidence from China	14
Yield spread determinants of sukuk and conventional bonds	14
The role of wages in triggering innovation and productivity: A dynamic exploration for European economies	14
Surname distance and interregional investments	14
Firm location effect on underwriting, subscription, and underpricing: Evidence from IPOs in China	14
Transition risk of a petroleum currency	14
Efficiency–equity trade-off in the Irish carbon tax: A CGE investigation of mixed revenue recycling schemes	14
Exploring the determinants of Fintech Credit: A comprehensive analysis	14
The cyclicality of the finance premium over the business cycle	14
A regime-switching model of stock returns with momentum and mean reversion	14
Fiscal consolidation and asymmetric macroeconomic effects: Evidence from Sub-Saharan African countries	14
COVID-19 and Indigenous health in the Brazilian Amazon	14
Are activist hedge funds good business advisors?	14
A two-stage game model of probabilistic price manipulation in decentralized exchanges	14
Do liquidity constraints affect the investment decisions of California hospitals?	14
The impact of informal care from children to their elderly parents on self-employment? Evidence from China	14
Corporate diversification and labor investment efficiency: Evidence from China	14
Global value chains participation and pollution emissions? Theory and evidence from Chinese enterprises	14
Do board reforms in parent firms boost subsidiaries’ innovation?	14
Sovereign yield curves and the COVID-19 in emerging markets	14
Empirical evidence of risk contagion across regional housing markets in China	14
Information and optimal trading strategies with dark pools	14
Does relationship lending help firms to ask for credit? European cross-country evidence	14
Ownership, volatility, and equity incentives: Theory and evidence from listed companies in China	14
The asymmetric dynamics of stock–bond liquidity correlation in China: The role of macro-financial determinants	14
Forecasting macroeconomic effects of stablecoin adoption: A Bayesian approach	14
High-speed railway and the intercity transmission of epidemics: Evidence from COVID-19 in China	14
Should the Daylight Saving Time be abolished? Evidence from work accidents in Italy	14