Economic Modelling

Article	Citations
Editorial Board	418
A paradox of coalition building in public good provision	384
Government expenditure composition and long-run economic growth in the aging democracy	172
A new approach for estimating trade elasticities and measuring the productivity effects associated with trade	149
Economic policy uncertainty and information intermediary: The case of short seller	118
Debt and financial fragility: Italian non-financial companies after the pandemic	110
Board diversity and outward FDI: Evidence from europe	107
The effects of the BoJ's ETF purchases on equities and corporate investment	100
Do geographical appellations provide useful quality signals? The case of Scotch single malt whiskies	97
Do agricultural subsidies matter for women’s attitude towards intimate partner violence? Evidence from Malawi	88
Editorial of the special issue on: Digital innovation and financial access for SMEs	81
Job creation and destruction in the digital age: Assessing heterogeneous effects across European Union countries	79
Peer effects on decision making in complex financial situations	72
Investor confidence and high financial literacy jointly shape investments in risky assets	68
Coping with labor market risk: Formal job loss and earnings dynamics in India	67
Does capital market liberalization increase corporate labor income share? Evidence from China	67
Creditor protection shocks and corporate cash holdings: Insights from online judicial auctions	66
The cyclical behaviour of fiscal policy: A meta-analysis	64
Spillovers from the European Central Bank's asset purchases to countries in Central and Eastern Europe	64
Effects of wage compensation and containment policies on Labor supply during pandemics	63
Financial, institutional, and macroeconomic determinants of cross-country portfolio equity flows: The case of developed countries	62
Social capital dilemma in joint liability lending	62
Can digital transformation reduce within-firm pay inequality? Evidence from China	60
Are pro-SME credit policies effective? Evidence from shadow banking in China	59
Fundamental volatility and informative trading volume in a rational expectations equilibrium	58

Forecasting the climate-conflict risk in Africa along climate-related scenarios and multiple socio-economic drivers	57
Identifying the impact of bank competition on corporate shadow banking: Evidence from China	56
Flexible inflation targeting and stock market volatility: Evidence from emerging market economies	54
Does service trade liberalization relieve manufacturing enterprises’ financial constraints? Evidence from China	54
Will voters polarize over pandemic restrictions? Theory and evidence from COVID-19	51
The unintended consequences of compensating trade’s losers	51
Localized risk factors: Performance differentials between state-level and US factor models	50
China’s public international investment: A strategic-trade-policy perspective	50
Can property tax curb housing costs in China? New insights from Chongqing with Bayesian synthetic control	49
Disentangling demand and supply inflation shocks from electronic payments data	49
Are cooperative and commercial banks equally effective in reducing the shadow economy? International evidence	49
Informal networks and education choice: A dynamic macro model	48
Tourism in Africa and economic vulnerabilities to exogenous shocks	48
Do foreign direct investment and trade affect the relationship between temperature and civil conflict?	48
A long short-term memory enhanced realized conditional heteroskedasticity model	48
The effects of consumer goods tariff reductions on market competition in China	47
Renewable energy shocks and business cycle dynamics in Brazil	47
Economic distress, democratic quality, and satisfaction with democracy in Europe during COVID-19: A multilevel approach	44
On modeling IPO failure risk	44
Land productivity and colonization	43
Testing factor models when asset bubbles occur: A time-varying perspective	43
Income assistance, marriage, and child poverty: An assessment of the Family Security Act	42
A reformulation of the bank lending channel under multiple prudential regulations	42
News and noise in crime politics: The role of announcements and risk attitudes	41
Shock-based inference on the Phillips curve with the cost channel	41
Idiosyncratic shocks in a currency union: Insights from West Africa	41
Government ownership of banks: Implications for minority shareholders	41
Multi-agent, multi-site resource allocation under quotas with a Stackelberg leader and network externalities	40
Migrants, regulations, and trade	39
Portfolio capital flows before and after the Global Financial Crisis	38
Optimal tax enforcement with productive public inputs	38
Are African business cycles synchronized? Evidence from spatio-temporal modeling	38
Post-Cold War civil conflict and the role of history and religion: A stochastic search variable selection approach	37
A Policy Conundrum: Schumpeterian Growth or Job Creation?	36
Unlocking the potential of inventory management: Integrating digital transformation with firm practices	36
Growth and inequality under different hierarchical education regimes	36
Price connectedness and input–output linkages: Evidence from China	36
Regional digitalization, dynamic capabilities and green innovation: Evidence from e-commerce demonstration cities in China	36
How are policy uncertainty, real economy, and financial sector connected?	35
COVID-19 and erosion of democracy	35
The digital economy, entry mode strategies, and the profitability of foreign subsidiaries: A global view	35
Grandchild care and grandparents’ labor supply	34
Did the American Rescue Plan cause inflation? A synthetic control approach	34
Industrial policy persistence and local economic performance: The role of subsidy allocation in China	34
Financial Development and Entrepreneurial Vitality: Exploring the Influence of Entrepreneurial Intention and Government Attention	33
Global COVID-19 under-reporting: A Tobit model	33
Comparing asymmetric price efficiency in regional ESG markets before and during COVID-19	33
Cultural values and interbank markets: An agent-based stock-flow consistent model	33
The global component of headline and core inflation in emerging market economies and its ability to improve forecasting performance	33
CEO locality and R&D investment efficiency: Evidence from China	32

Improving minimum-variance portfolio through shrinkage of large covariance matrices	32
Heterogeneous technology and specialization for economic growth beyond the middle-income stage	31
Does economic policy uncertainty impact global value chain participation of Indian firms? The role of financial constraints	31
Public debt management announcements: A welfare-theoretic analysis	30
Taxation and the distributional impact of inflation: The U.S. post-war experience	30
Addressing unanticipated interactions in risk equalization: A machine learning approach to modeling medical expenditure risk	29
Convergence and determinants of young people not in employment, education or training: An European regional analysis	29
Sequential Bayesian bandwidth selection for multivariate kernel regression with applications	28
Assessing potential improvement in education: Unravelling pupils' and schools’ inefficiencies using a multi-level metafrontier approach	28
Financial integration or financial fragmentation? A euro area perspective	28
Emerging market responses to external shocks: A cross-country analysis	28
Regime-dependent effects of macroeconomic uncertainty on realized volatility in the U.S. stock market	28
Intergenerational correlation of self-employment in Western Europe	28
Editorial Board	27
Does vulnerable employment alleviate poverty in developing countries?	27
Editorial Board	27
Does the digital sector affiliation matter for the productivity of multinational firms?	26
Market-based climate policy with fluctuating fossil energy prices	26
Editorial Board	26
Does the gender composition of local governments matter for firms’ information environment? Evidence from China	26
Asymmetric contagion of jump risk in the Chinese financial sector: Monetary policy transmission matters	26
Multiproduct firm’s reputation and leniency program in multimarket collusion	26
Information acquisition and financial advice	26
A long-run approach to money, unemployment, and equity prices	26
LAMP, informality and monetary growth rules in an emerging economy	26
Gaps between official and excess Covid-19 mortality measures: The effects of institutional quality and vaccinations	25
Does social culture matter for firms' access to trade credit? Evidence from China	25
Strategic archetypes, credit ratings, and cost of debt	25
Automating efficiency: The impact of industrial robots on labor investment in China	25
The economic impact of global uncertainty and security threats on international tourism	24
The impact of public consumption and investment in the euro area during periods of high and normal uncertainty	24
Constructing compact cities: How urban regeneration can enhance growth and relieve congestion	24
The impact of road infrastructure on economic circulation: Market expansion and input cost saving	24
Robust estimation of the range-based GARCH model: Forecasting volatility, value at risk and expected shortfall of cryptocurrencies	24
Asymmetries in the transmission of oil price shocks to inflation in the eurozone	24
Lottery preference, short-sale constraint, and the salience effect: Evidence from China	24
Robust investment and hedging policy with limited commitment	23
Onshore and offshore profit shifting and tax revenue losses in the European Union	23
Global value chains and external adjustment: Do exchange rates still matter?	23
How does producer services’ agglomeration promote carbon reduction?: The case of China	23
Labor market policies in high- and low-interest rate environments: Evidence from the euro area	23
Household finances, debt overhang and consumption patterns	23
Does the supply network shape the firm size distribution? The Japanese case	22
How do social insurance premiums influence corporate underinvestment? Evidence from an emerging market	22
Household spending diversity, aggregation, and the value of product variety	22
The art and science of monetary and fiscal policies in an emerging economy	22
“Green” fiscal policy measures and nonstandard monetary policy in the euro area	22
Editorial Board	22
FDI spillovers, innovation and the role of industrial clusters: Evidence from innovative Indian manufacturing firms	22
Editorial Board	22
Consumption–investment comovement and the dynamic impact of monetary policy uncertainty in China	21
Editorial Board	21
The effect of higher education on Women's obesity and smoking: Evidence from college openings in Turkey	21
Fiscal institutional reform and export product quality: A Quasi-experimental research on counties managed directly by provinces	21
How does offshoring affect the wage impact of immigration?	21
Trade liberalization with granular firms	21
A game-theoretic analysis of international tax compliance	21
Regulating coopetition in an EV charging market	21
Lateral knowledge transfer and foreign affiliate performance: The importance of affiliate strategic roles	21
Peer influence and inflation expectations: Evidence from households’ social comparisons	20
Quality distortions in monopolistic competition	20
Editorial Board	20
A time-varying Phillips curve with global factors: Are global factors important?	20
Financial distress prediction by combining sentiment tone features	20
Understanding dynamic return connectedness and portfolio strategies among international sustainable exchange-traded funds	20
Corrigendum to “A reformulation of the bank lending channel under multiple prudential regulations” [Econ. Modell. 114 (2022) 1–16/105916]	20
Do educated leaders perform better? Evidence on parliamentary effort and constituency outcomes in India	20
Taming the housing crisis: An LTV macroprudential policy	20
Systemic political risk	20
Do export quality and destination income matter for exchange rate pass-through? Evidence from China	20
Interpretable machine learning unveils nonlinear drivers of global energy risk spillovers: A TVP-VAR approach	20
When trackers are aware of ESG: Do ESG ratings matter to tracking error portfolio performance?	20
Belief-dependent pricing decisions	20
Central and Eastern European economies in a Goldilocks age: A model of labor market institutional choice	20
Terrorism and uneven economic development	20
Air pollution and gender imbalance in labor supply responses: Evidence from South Korea	20
Bayesian analysis for functional coefficient conditional autoregressive range model with applications	20
Location, profitability, and international trade liberalization in European textile-clothing firms	19
Do general equilibrium effects matter for labor market dynamics?	19
A spatial one-sided error model to identify where unarrested criminals live	19

Fiscal multipliers within the euro area in the context of sovereign risk and bank fragility	19
Market price determination: Interpreting quote order imbalance under zero-profit equilibrium	19
Do decreases in Distance-to-Default predict rating downgrades?	19
Endogenous sector–biased technological change and industrial policy	19
Joint governance corporate alliance and the share of labour income: Evidence from China's private firms	19
Unveiling the trade and welfare effects of regional services trade agreements: A structural gravity approach	19
Policy coordination under model disagreement and asymmetric shocks	19
Examining Chinese volume–volatility nexus: A regime-switching perspective	19
Regulatory arbitrage behavior of internationally active banks and global financial market conditions	19
The market value effect of digital mergers and acquisitions: Evidence from China	18
ESG rating confusion and bond spreads	18
Oil shocks and the U.S. economy in a data-rich model	18
Economic policy uncertainty and green innovation: Evidence from China	18
The macroeconomic effects of business tax cuts with debt financing and accelerated depreciation	18
Sustainable and equitable pension reform for emerging economies: An application to Indonesia	18
CO2 emissions, energy consumption, and economic growth: Determining the stability of the 3E relationship	18
Impact of the “Belt and Road Initiative” on machinery production networks	18
Carbon trading amidst global uncertainty: The role of policy and geopolitical uncertainty	18
Sustainable economics and finance: Is the sky bluer than before?	18
The labor share puzzle: Empirical evidence for European countries	18
Strategic or substantive green innovation: How do non-green firms respond to green credit policy?	18
Quantifying firm-level carbon risk: A novel emission reduction stress factor	18
How does fintech affect bank risk? A perspective based on financialized transfer of government implicit debt risk	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 many fundamentals should we include in the behavioral equilibrium exchange rate model?	18
Spatial interactions and micro-enterprises’ uptake of COVID-19 financial aid: Evidence from a spatial hurdle probit model	17
Modeling country-sectoral spillovers in generalized propensity score matching: An empirical test on trade data	17
Editorial Board	17
Government spending multipliers and financial fragility in Italy	17
Welfare effects of health insurance reform: The role of elastic medical demand	17
Population aging and innovation slowdown: Dual mechanisms of firm cost structure and consumption preference	17
Uncertainty shocks and business cycles in the US: New insights from the last three decades	17
Health investment and medical risk: New explanations of the portfolio puzzle	17
Does environmental regulation affect the labor income share of manufacturing enterprises? Evidence from China	17
Disclosure policies in all-pay auctions with affiliated values	17
Does investment in consumer finance companies impact credit allocation of banks? Evidence from China	17
Types of employment and well-being of rural residents: A multinomial endogenous switching regression application	17
Editorial Board	17
How do labor supply dynamics influence patent protection policies?	17
Foreign ownership without knowledge transfers: Evidence of processing exporter underperformance from firm-level data	17
Editorial of the special issue on contemporary issues in tourism economics	17
Can land misallocation be a greater barrier to development than capital? Evidence from manufacturing firms in Sri Lanka	16
Temporary migration, indeterminacy and growth	16
Hedge fund fee structure and risk exposure	16
Is policy causing chaos in the United Kingdom?	16
Corporate governance of controlling shareholders and labor employment decisions: Evidence from a parent board reform in China	16
Multidimensional poverty and growth: Evidence from India 1998–2021	16
Free licensing strategy and ex-post privatization policy with passive ownership	16
The effects of private and social incentives on students’ test-taking effort	16
On the role of dependence in sticky price and sticky information Phillips curve: Modelling and forecasting	16
Discrepancy and cross-regional bias in sovereign credit ratings: Analyzing the role of public debt	16
Optimal carbon tax rates in a dynamic stochastic general equilibrium model with a supply chain	16
Resource misallocation in China: Biased subsidies versus credit discrimination	16
Beyond financial deepening: Rethinking the finance-growth relationship in an uneven world	16
Share repurchases under economic policy uncertainty: Evidence from China	16
Market-oriented reforms and wealth inequality in China	16
Good and bad self-excitation: Asymmetric self-exciting jumps in Bitcoin returns	16
Understanding the public-private sector wage gap in Germany: New evidence from a Fixed Effects quantile Approach∗	16
Exchange rate predictability, risk premiums, and predictive system	16
Pushing and pulling on a string? Inflationary effects of expansionary and contractionary monetary policies when rates are negative	16
Servicification and manufacturing exports: Evidence from India	16
Business strategy, corporate social responsibility, and within-firm pay gap	16
Life expectancy, fertility, and retirement in an endogenous-growth model with human capital accumulation	16
Bank fintech, liquidity creation, and risk-taking: Evidence from China	16
Great moderation with Chinese characteristics: Uncovering the role of monetary policy	16
Surname distance and interregional investments	15
Do green bonds de-risk investment in low-carbon stocks?	15
Welfare and income effects of tuition subsidies and public investment in schooling	15
The cyclicality of the finance premium over the business cycle	15
Portfolio constructions in cryptocurrency market: A CVaR-based deep reinforcement learning approach	15
Optimal contract design and securities implementation with dynamic investment and learning	15
Examining business cycles and optimal monetary policy in a regional DSGE model	15
What shapes greenium in bond markets? Evidence from Japan	15
No quick fix: The recovery and resilience plan and external position in Greece	15
Predicting cryptocurrency volatility: The power of model clustering	15
Winning hearts and minds in conflict-ridden areas: Development as a signal of benevolence	15
Do board reforms in parent firms boost subsidiaries’ innovation?	15
Are activist hedge funds good business advisors?	15
What do sentiments of budget speeches mean for stock returns?	15
Global value chains participation and pollution emissions? Theory and evidence from Chinese enterprises	15
Investor sentiment spillover from air pollution: Cross-industry influences on stock markets	15
Editorial Board	14
Can conflicts unite a nation?	14
Should the Daylight Saving Time be abolished? Evidence from work accidents in Italy	14
Firm location effect on underwriting, subscription, and underpricing: Evidence from IPOs in China	14
High-speed railway and the intercity transmission of epidemics: Evidence from COVID-19 in China	14
Does relationship lending help firms to ask for credit? European cross-country evidence	14
COVID-19 and Indigenous health in the Brazilian Amazon	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
Transition risk of a petroleum currency	14
Spatial economic dynamics in transport project appraisal	14
Fiscal consolidation and asymmetric macroeconomic effects: Evidence from Sub-Saharan African countries	14
Sovereign yield curves and the COVID-19 in emerging markets	14
Editorial Board	14