Economic Modelling

Article	Citations
Board diversity and outward FDI: Evidence from europe	408
Editorial Board	364
Editorial of the special issue on: Digital innovation and financial access for SMEs	163
A new approach for estimating trade elasticities and measuring the productivity effects associated with trade	142
A paradox of coalition building in public good provision	140
Does service trade liberalization relieve manufacturing enterprises’ financial constraints? Evidence from China	110
Forecasting the climate-conflict risk in Africa along climate-related scenarios and multiple socio-economic drivers	105
The cyclical behaviour of fiscal policy: A meta-analysis	105
Identifying the impact of bank competition on corporate shadow banking: Evidence from China	97
Flexible inflation targeting and stock market volatility: Evidence from emerging market economies	93
Do geographical appellations provide useful quality signals? The case of Scotch single malt whiskies	84
Are pro-SME credit policies effective? Evidence from shadow banking in China	76
Effects of wage compensation and containment policies on Labor supply during pandemics	73
Fundamental volatility and informative trading volume in a rational expectations equilibrium	67
Coping with labor market risk: Formal job loss and earnings dynamics in India	66
Creditor protection shocks and corporate cash holdings: Insights from online judicial auctions	63
Debt and financial fragility: Italian non-financial companies after the pandemic	62
Government expenditure composition and long-run economic growth in the aging democracy	62
Investor confidence and high financial literacy jointly shape investments in risky assets	62
Revisiting the role of economic uncertainty in oil price fluctuations: Evidence from a new time-varying oil market model	61
Job creation and destruction in the digital age: Assessing heterogeneous effects across European Union countries	60
Financial, institutional, and macroeconomic determinants of cross-country portfolio equity flows: The case of developed countries	59
Do agricultural subsidies matter for women’s attitude towards intimate partner violence? Evidence from Malawi	59
Social capital dilemma in joint liability lending	58
Economic policy uncertainty and information intermediary: The case of short seller	58

Spillovers from the European Central Bank's asset purchases to countries in Central and Eastern Europe	57
The effects of the BoJ's ETF purchases on equities and corporate investment	57
Peer effects on decision making in complex financial situations	56
Does capital market liberalization increase corporate labor income share? Evidence from China	56
Can digital transformation reduce within-firm pay inequality? Evidence from China	52
The unintended consequences of compensating trade’s losers	51
Testing factor models when asset bubbles occur: A time-varying perspective	50
Migrants, regulations, and trade	48
Growth and inequality under different hierarchical education regimes	48
Government ownership of banks: Implications for minority shareholders	47
Income assistance, marriage, and child poverty: An assessment of the Family Security Act	47
Post-Cold War civil conflict and the role of history and religion: A stochastic search variable selection approach	46
Localized risk factors: Performance differentials between state-level and US factor models	46
Optimal tax enforcement with productive public inputs	46
Can property tax curb housing costs in China? New insights from Chongqing with Bayesian synthetic control	46
Multi-agent, multi-site resource allocation under quotas with a Stackelberg leader and network externalities	46
Disentangling demand and supply inflation shocks from electronic payments data	45
News and noise in crime politics: The role of announcements and risk attitudes	45
Are cooperative and commercial banks equally effective in reducing the shadow economy? International evidence	45
Land productivity and colonization	44
A Policy Conundrum: Schumpeterian Growth or Job Creation?	42
China’s public international investment: A strategic-trade-policy perspective	42
Idiosyncratic shocks in a currency union: Insights from West Africa	41
Will voters polarize over pandemic restrictions? Theory and evidence from COVID-19	40
Price connectedness and input–output linkages: Evidence from China	40
COVID-19 and erosion of democracy	40
The global component of headline and core inflation in emerging market economies and its ability to improve forecasting performance	39
Informal networks and education choice: A dynamic macro model	39
Industrial policy persistence and local economic performance: The role of subsidy allocation in China	39
Economic distress, democratic quality, and satisfaction with democracy in Europe during COVID-19: A multilevel approach	39
Renewable energy shocks and business cycle dynamics in Brazil	38
Portfolio capital flows before and after the Global Financial Crisis	37
The effects of consumer goods tariff reductions on market competition in China	37
Shock-based inference on the Phillips curve with the cost channel	36
On modeling IPO failure risk	36
Did the American Rescue Plan cause inflation? A synthetic control approach	35
Grandchild care and grandparents’ labor supply	34
Unlocking the potential of inventory management: Integrating digital transformation with firm practices	34
Comparing asymmetric price efficiency in regional ESG markets before and during COVID-19	34
A reformulation of the bank lending channel under multiple prudential regulations	34
A long short-term memory enhanced realized conditional heteroskedasticity model	33
Deposit insurance pricing and monetary policy transmission	33
The digital economy, entry mode strategies, and the profitability of foreign subsidiaries: A global view	33
Are African business cycles synchronized? Evidence from spatio-temporal modeling	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
How are policy uncertainty, real economy, and financial sector connected?	32
Regional digitalization, dynamic capabilities and green innovation: Evidence from e-commerce demonstration cities in China	32
Financial integration or financial fragmentation? A euro area perspective	31
Taxation and the distributional impact of inflation: The U.S. post-war experience	31

The impact of public consumption and investment in the euro area during periods of high and normal uncertainty	31
Global value chains and external adjustment: Do exchange rates still matter?	31
CEO locality and R&D investment efficiency: Evidence from China	31
Market-based climate policy with fluctuating fossil energy prices	30
Cultural values and interbank markets: An agent-based stock-flow consistent model	30
Global COVID-19 under-reporting: A Tobit model	29
Public debt management announcements: A welfare-theoretic analysis	29
Editorial Board	28
Environmental rule enforcement and cash holdings: Evidence from a natural experiment	28
Information acquisition and financial advice	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
Does the digital sector affiliation matter for the productivity of multinational firms?	27
Emerging market responses to external shocks: A cross-country analysis	27
A long-run approach to money, unemployment, and equity prices	26
LAMP, informality and monetary growth rules in an emerging economy	26
Constructing compact cities: How urban regeneration can enhance growth and relieve congestion	26
Regime-dependent effects of macroeconomic uncertainty on realized volatility in the U.S. stock market	26
Multiproduct firm’s reputation and leniency program in multimarket collusion	26
Sequential Bayesian bandwidth selection for multivariate kernel regression with applications	26
Editorial Board	26
Strategic archetypes, credit ratings, and cost of debt	26
Heterogeneous technology and specialization for economic growth beyond the middle-income stage	25
Intergenerational correlation of self-employment in Western Europe	25
Does social culture matter for firms' access to trade credit? Evidence from China	25
A new method to estimate the income elasticity of marginal utility of income in the absence of price data	25
Convergence and determinants of young people not in employment, education or training: An European regional analysis	25
Addressing unanticipated interactions in risk equalization: A machine learning approach to modeling medical expenditure risk	24
Asymmetries in the transmission of oil price shocks to inflation in the eurozone	24
Does the gender composition of local governments matter for firms’ information environment? Evidence from China	24
Improving minimum-variance portfolio through shrinkage of large covariance matrices	24
The economic impact of global uncertainty and security threats on international tourism	24
Editorial Board	23
Automating efficiency: The impact of industrial robots on labor investment in China	23
Lottery preference, short-sale constraint, and the salience effect: Evidence from China	23
Editorial Board	23
Robust estimation of the range-based GARCH model: Forecasting volatility, value at risk and expected shortfall of cryptocurrencies	23
Does vulnerable employment alleviate poverty in developing countries?	23
Trade liberalization with granular firms	23
The impact of road infrastructure on economic circulation: Market expansion and input cost saving	23
Understanding dynamic return connectedness and portfolio strategies among international sustainable exchange-traded funds	22
Consumption–investment comovement and the dynamic impact of monetary policy uncertainty in China	22
A game-theoretic analysis of international tax compliance	22
Intellectual property rights protection and quality upgrading: Evidence from China	22
Regulating coopetition in an EV charging market	22
Household finances, debt overhang and consumption patterns	22
Labor market policies in high- and low-interest rate environments: Evidence from the euro area	22
When trackers are aware of ESG: Do ESG ratings matter to tracking error portfolio performance?	22
How do social insurance premiums influence corporate underinvestment? Evidence from an emerging market	21
Do export quality and destination income matter for exchange rate pass-through? Evidence from China	21
How does offshoring affect the wage impact of immigration?	21
Financial distress prediction by combining sentiment tone features	21
Interpretable machine learning unveils nonlinear drivers of global energy risk spillovers: A TVP-VAR approach	21
Onshore and offshore profit shifting and tax revenue losses in the European Union	21
Air pollution and gender imbalance in labor supply responses: Evidence from South Korea	21
Peer influence and inflation expectations: Evidence from households’ social comparisons	21
Robust investment and hedging policy with limited commitment	21
Editorial Board	21
The effect of higher education on Women's obesity and smoking: Evidence from college openings in Turkey	21
Household spending diversity, aggregation, and the value of product variety	20
Do decreases in Distance-to-Default predict rating downgrades?	20
Corrigendum to “A reformulation of the bank lending channel under multiple prudential regulations” [Econ. Modell. 114 (2022) 1–16/105916]	20
“Green” fiscal policy measures and nonstandard monetary policy in the euro area	20
How does producer services’ agglomeration promote carbon reduction?: The case of China	20
Location, profitability, and international trade liberalization in European textile-clothing firms	20
Policy coordination under model disagreement and asymmetric shocks	20
Lateral knowledge transfer and foreign affiliate performance: The importance of affiliate strategic roles	20
Fiscal institutional reform and export product quality: A Quasi-experimental research on counties managed directly by provinces	20
Systemic political risk	20
Editorial Board	20
Taming the housing crisis: An LTV macroprudential policy	20
Bayesian analysis for functional coefficient conditional autoregressive range model with applications	20
Sustainable economics and finance: Is the sky bluer than before?	19
A time-varying Phillips curve with global factors: Are global factors important?	19
Endogenous sector–biased technological change and industrial policy	19
Belief-dependent pricing decisions	19
The labor share puzzle: Empirical evidence for European countries	19
Do general equilibrium effects matter for labor market dynamics?	19
Sustainable and equitable pension reform for emerging economies: An application to Indonesia	19
Oil shocks and the U.S. economy in a data-rich model	19

Examining Chinese volume–volatility nexus: A regime-switching perspective	19
Quantifying firm-level carbon risk: A novel emission reduction stress factor	19
Terrorism and uneven economic development	19
Joint governance corporate alliance and the share of labour income: Evidence from China's private firms	19
The macroeconomic effects of business tax cuts with debt financing and accelerated depreciation	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
CO2 emissions, energy consumption, and economic growth: Determining the stability of the 3E relationship	18
Unveiling the trade and welfare effects of regional services trade agreements: A structural gravity approach	18
Central and Eastern European economies in a Goldilocks age: A model of labor market institutional choice	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	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
Economic policy uncertainty and green innovation: Evidence from China	18
Government spending multipliers and financial fragility in Italy	18
Regulatory arbitrage behavior of internationally active banks and global financial market conditions	18
A spatial one-sided error model to identify where unarrested criminals live	18
Market price determination: Interpreting quote order imbalance under zero-profit equilibrium	18
How many fundamentals should we include in the behavioral equilibrium exchange rate model?	18
Strategic or substantive green innovation: How do non-green firms respond to green credit policy?	18
ESG rating confusion and bond spreads	18
Foreign ownership without knowledge transfers: Evidence of processing exporter underperformance from firm-level data	18
Does environmental regulation affect the labor income share of manufacturing enterprises? Evidence from China	18
Editorial of the special issue on contemporary issues in tourism economics	17
Business strategy, corporate social responsibility, and within-firm pay gap	17
Share repurchases under economic policy uncertainty: Evidence from China	17
Can land misallocation be a greater barrier to development than capital? Evidence from manufacturing firms in Sri Lanka	17
Uncertainty shocks and business cycles in the US: New insights from the last three decades	17
Hedge fund fee structure and risk exposure	17
Health investment and medical risk: New explanations of the portfolio puzzle	17
Types of employment and well-being of rural residents: A multinomial endogenous switching regression application	17
Corporate governance of controlling shareholders and labor employment decisions: Evidence from a parent board reform in China	17
Spatial interactions and micro-enterprises’ uptake of COVID-19 financial aid: Evidence from a spatial hurdle probit model	17
Editorial Board	17
Editorial Board	17
Does investment in consumer finance companies impact credit allocation of banks? Evidence from China	17
Great moderation with Chinese characteristics: Uncovering the role of monetary policy	17
Population aging and innovation slowdown: Dual mechanisms of firm cost structure and consumption preference	17
Welfare effects of health insurance reform: The role of elastic medical demand	17
Disclosure policies in all-pay auctions with affiliated values	17
On the role of dependence in sticky price and sticky information Phillips curve: Modelling and forecasting	16
Modeling country-sectoral spillovers in generalized propensity score matching: An empirical test on trade data	16
Discrepancy and cross-regional bias in sovereign credit ratings: Analyzing the role of public debt	16
The effects of private and social incentives on students’ test-taking effort	16
Life expectancy, fertility, and retirement in an endogenous-growth model with human capital accumulation	16
Optimal carbon tax rates in a dynamic stochastic general equilibrium model with a supply chain	16
Beyond financial deepening: Rethinking the finance-growth relationship in an uneven world	16
Pushing and pulling on a string? Inflationary effects of expansionary and contractionary monetary policies when rates are negative	16
Temporary migration, indeterminacy and growth	16
Resource misallocation in China: Biased subsidies versus credit discrimination	16
Understanding the public-private sector wage gap in Germany: New evidence from a Fixed Effects quantile Approach∗	16
Bank fintech, liquidity creation, and risk-taking: Evidence from China	16
Examining business cycles and optimal monetary policy in a regional DSGE model	16
Free licensing strategy and ex-post privatization policy with passive ownership	16
Is policy causing chaos in the United Kingdom?	16
Good and bad self-excitation: Asymmetric self-exciting jumps in Bitcoin returns	16
Exchange rate predictability, risk premiums, and predictive system	16
Market-oriented reforms and wealth inequality in China	16
Multidimensional poverty and growth: Evidence from India 1998–2021	16
Servicification and manufacturing exports: Evidence from India	16
Do green bonds de-risk investment in low-carbon stocks?	16
Ownership, volatility, and equity incentives: Theory and evidence from listed companies in China	15
Firm location effect on underwriting, subscription, and underpricing: Evidence from IPOs in China	15
Yield spread determinants of sukuk and conventional bonds	15
Are activist hedge funds good business advisors?	15
Editorial Board	15
What do sentiments of budget speeches mean for stock returns?	15
Winning hearts and minds in conflict-ridden areas: Development as a signal of benevolence	15
A two-stage game model of probabilistic price manipulation in decentralized exchanges	15
Fiscal consolidation and asymmetric macroeconomic effects: Evidence from Sub-Saharan African countries	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
Editorial Board	15
Do board reforms in parent firms boost subsidiaries’ innovation?	15
Can conflicts unite a nation?	15
Does relationship lending help firms to ask for credit? European cross-country evidence	15
The cyclicality of the finance premium over the business cycle	15
High-speed railway and the intercity transmission of epidemics: Evidence from COVID-19 in China	15
Spatial economic dynamics in transport project appraisal	15
The asymmetric dynamics of stock–bond liquidity correlation in China: The role of macro-financial determinants	15
Welfare and income effects of tuition subsidies and public investment in schooling	15
Do liquidity constraints affect the investment decisions of California hospitals?	14
Global value chains participation and pollution emissions? Theory and evidence from Chinese enterprises	14
COVID-19 and Indigenous health in the Brazilian Amazon	14
Portfolio constructions in cryptocurrency market: A CVaR-based deep reinforcement learning approach	14
The role of wages in triggering innovation and productivity: A dynamic exploration for European economies	14
Sovereign yield curves and the COVID-19 in emerging markets	14
Forecasting macroeconomic effects of stablecoin adoption: A Bayesian approach	14
Does demand for health services depend on cost-sharing? Evidence from Italy	14
Transition risk of a petroleum currency	14
Internetization and the markups of export firms: Evidence from China	14
Corporate diversification and labor investment efficiency: Evidence from China	14
Predicting cryptocurrency volatility: The power of model clustering	14
Surname distance and interregional investments	14