Applied Economics Letters

Article	Citations
Computing optimal portfolios of multi-assets with tail risk: the case of bitcoin	97
Does risk disclosure influence mergers and acquisitions? A textual analysis	59
Education policy and R&D-based growth in an overlapping-generations model	50
Global maximal Sharpe ratios for active portfolios	49
The effect of investor protection on firm riskiness and performance during the COVID-19 economic crisis	45
The effects of the job retention programme during the Covid pandemic on the Chilean firms and households	41
Technical efficiency and complementarity of agroecological innovations in French West Indies banana production	39
Intergenerational mobility of earnings in rural China	33
Sukuk returns dynamics under bullish and bearish market conditions: do COVID-19 related news and government measures matter?	32
From FIT to FIP: assessing the impact of feed-in policies on renewable development in Germany	32
Can the global financial cycle and economic conditions predict real estate market volatility?	30
Spatial spillover effect of green finance on urban-rural income gap	29
Inflation-targeting central bank responses to exchange rate shocks: evidence from Latin America	29
Two ENR cost indexes react differently to labour conditions	27
Social pressure in football matches: an event study of ‘Remote Matches’ in Japan	26
Profiting from growth: Trade, investment and the ASEAN-China technology gap	23
Effects of climate policy uncertainty on energy markets: insights from the BEKK-GARCH model	23
Can the Belt and Road Initiative affect the “invisible” external wealth? The role of valuation effect	22
The impact of tax evasion by the rich on the willingness to pay taxes	19
Total factor productivity and employment generation of diversified firms vis-a-vis manufacturing firms: evidence from an emerging market	19
FDI and women empowerment in developing countries: does the entry heterogeneity matter?	19
Unlocking entrepreneurial growth: migrants and new firm entry in China	18
Does corporate shadow banking influence maturity mismatches? Evidence from China	18
The impact of foreign quality shocks on sulphur dioxide emissions of exporters	17
Uncertainty and structural reform in the long run	17

Political governance and corporate investment efficiency in China	16
The impact of CEO power on Chinese firms’ new quality productive forces: based on the median effect of city group position	15
Does digital finance facilitate improvement in export product quality? Evidence from China	15
Exchange rate policy cycles in Turkish presidential elections	14
How do Korean tourists perceive China’s tourism image? Text analysis based on big data	14
Clean cryptocurrency and green assets: a quantile connectedness approach	13
Relaxation of home-purchase restrictions and local market effects: evidence from Beijing Tongzhou	13
Can urban cluster policies improve innovation? Evidence from China	13
Debt maturity structure and the quality of management earnings forecasts: evidence from China	13
Dynamic conditional correlation between green and grey energy ETF markets using cDCC-MGARCH model	13
Biodiversity risks and corporate tax avoidance	12
Distributional effects of gasoline tax in Brazil	12
Is SME performance enhanced by preferential government policies? Evidence from the small-scale reservation industry policy in Korea	12
Corporate name change: the effect of the firm’s shareholder distribution	12
Taking logarithm when the independent variable contains zeros in regression analysis: a new approach	12
A cultural perspective of natural resource curse in finance	11
Does hedge fund activism affect corporate social responsibility: evidence from China	11
The impact of business environment on corporate default risk: evidence from China	11
Corporate social responsibility, financing capacity and innovation investment -- an empirical analysis based on a-share listed high tech enterprises	10
The asymmetric impact of tax burden structures on the shadow economy: a panel analysis of old and new European Union countries	10
Strategic delegation in a vertical market with rational expectations under different power structures	10
The effect of education on economic institutions	10
What shifts did covid-19 year 2020 bring to the labour market in Europe?	10
Occupational sorting and the transmission of self-employment between generations	10
Do we get fat because of air pollution? A new socio-economic approach	10
Does digital finance promote entrepreneurship? Evidence from city-level and household-level data in China	10
CEOs’ educational background and investments in software	10
The impact of Long COVID on the UK workforce	10
Mobility and economic activity around the world during the Covid-19 crisis	10
Free shipping	10
The effect of warning signals from health check-ups on modifiable lifestyle risk factors: evidence from mandatory health check-ups for employees in Japan	10
Investigating the feasibility of the double-play strategy: evidence from Hong Kong’s speculative attacks	10
Transnational Banking Supervision, Distance-to-Distress and Credit Risk: the SSM Case	10
Two-Tier Earnings Structures and labour Market Reform	10
Delta-hedged gains of SSE 50 ETF options	9
The economic costs of obesity: evidence from China	9
How does regional religiosity influence corporate innovation? New evidence from China	9
Can fintech improve audit efficiency? Empirical evidence from audit fees and corporate governance	9
Connected to risk: CEOs’ hometown connections and firm-level political risk in China	9
Fundamentalists in the cryptocurrency markets	9
Competitor risk disclosure and firm M&A activities: evidence from textual analysis	9
Forecasting betas with random forests	9
Politics, state policy, and lottery draw sales during the pandemic	8
Kinship intensity and ESG performance: the role of socioemotional wealth in family businesses	8
Economic policy uncertainty and innovation: the moderating role of digital transformation	8
The externality of her retirement – evidence from China	8
Are CEO characteristics associated with income smoothing?	8
Labour productivity convergence in the Czech Republic	8
Pricing strategy for products with consumption synergy	8
Can ESG improve the predictability of high-frequency volatility in the foreign exchange market?—A new high-frequency volatility model with long memory and asymmetry	8

Global shocks and local connectedness: evidence from dynamic tail risk interdependences among Chinese regional carbon markets	8
Media bias with asymmetric media quality	8
Inventory stockpiling and Covid-19 pandemic performance: evidence from Taiwanese firms	8
Measuring the unmeasurable: CSR divergence and future stock price crash risk	8
The short-term impacts of COVID-19 outbreak on carbon emissions: causal evidence from China	8
Digital transformation and corporate Labor costs for ordinary employees	8
Can ‘breaking the rigid payment’ lead to better household financial asset allocation? Evidence from China’s financial regulation	8
Which is the most effective innovation protection method for different types of product innovation?Evidence from South Korean manufacturing firms	8
Graduate education and enterprise innovation	8
Timber harvesting in New Zealand	8
Regional financial development, spatial spillover and capitalization of pig breeding	8
Preparing for climate volatility: exploring the impact of climate risk on excess cash holdings	7
The impacts of COVID-19 on the dependence structure of the stock market	7
Unionization and income inequality in Canada	7
Impact of fiscal decentralization and ethnic diversity on health outcome: an empirical evidence from Indonesia	7
Labour misallocation and digital infrastructure: evidence from a quasi-natural experiment of ‘broadband China strategy’	7
Do tall people indeed have leadership skills? Evidence from 12 th graders	7
Cost-efficiency and bank profitability during health crisis	7
A new high-frequency volatility forecasting model for crude oil market—evidence from RGARCH-CARR-MIDAS model	7
Prediction of customer demand for perishable products in retail inventory management, using the hybrid prophet-XGBoost model during the post-COVID-19 period	7
Party identity and social-distancing behaviours in Brazil	7
Is liquidity risk priced in cryptocurrency markets?	7
Navigating the green transition: the influence of energy volatility on green and sustainable ETFs	7
Applying the LightGBM model and SHAP interpretation to understand the urban land price index and its influencing factors in China	7
Changes of China’s soybean import market power and influencing factors	7
Forecasting VIX using realized EGARCH model with dynamic jumps	7
The beauty premium in urbanization: do more beautiful people have a higher sense of fairness?	7
How to win the race? Determining the success factors for stablecoins	7
Unintended look-ahead bias in out-of-sample forecasting	6
Government environmental initiatives, managerial environmental attention, and corporate ESG performance: from the perspective of attention-based View	6
Can digital transformation reduce the cost of debt capital? Empirical analysis based on the perspective of financial situation	6
COVID-19’s impacts on the Korean stock market	6
Public sector jobs and subjective well-being in China	6
Stay safe? Restrictions on managers’ outside employment opportunities and firm risk	6
Disclosure delay and financial distress prediction: based on Chinese annual reports disclosure system	6
A dynamic counting approach to measure multidimensional deprivations in jobs	6
The moderating role of shadow banking on the finance-growth nexus	6
Negative social effects of firms’ digital transformation – a perspective based on labour income shares	6
The relationship between informality and sustainable development goals through text analysis	6
Do agricultural subsidies raise the income of rural households effectively? Evidence from rural China	6
What forces children away from home? Evidence from Uganda	6
Air pollution, cognitive capacity, and borrowing behaviours: evidence from an online peer-to-peer platform	6
The role of opportunity versus effort in shaping long-term well-being in China	6
Revisiting income-related health inequality in China: changes before and after the 2009 healthcare reform	6
The impact of Right-to-Work laws on the financials of hospitals: evidence based on Michigan and Indiana laws	6
ESG ratings and corporate competitive strategy: evidence from China	6
Does financial development reduce energy security risk? Evidence from E7 economies	6
The middle income trap: look closer and you’ll find it, but maybe not where you expected	6
Financial strain and loneliness in older adults	6
Abnormal stock returns of Greek banks during COVID-19: an event study	5
Public procurement and formal employment of small and medium sized enterprises: evidence from China	5
The contribution of Johan Cruyff to success and stadium attendance at Feyenoord	5
Environmental protection policy and green innovation in China	5
Convergence patterns in global peace: fresh insights from the club convergence algorithm	5
An evaluation of the effectiveness of three early-warning models on financial indexes	5
Promoting small businesses’ access to credit and innovation through a reform of the bankruptcy system: evidence from Slovenia	5
Unanticipated benefits: left-behind peers and improved health in rural Chinese classrooms	5
Do socioeconomic inequalities increase the spread of COVID-19 in Turkey?	5
What drives bank liquidity creation?	5
The role of national information technology investments in inventory efficiency and financial performance: evidence from manufacturing industry in Germany	5
The great expansion of 2019 and the delinquency rates of blacks and hispanics	5
The effect of firm-level climate change risk on tax avoidance: evidence from China	5
Can environmental regulations improve the investment efficiency of heavily polluting firms? A quasi-natural experiment in China	5
Flight-to-quality or not? Evidence from China’s green bond and green equity markets during COVID-19 crisis	5
Will air pollution affect entrepreneurial activity? Evidence from China	5
Examining asymmetric impact of climatic factors on crop yields in India	5
Do weather disasters affect banks’ systemic risks? Two channels that confirm it	5
When customer meets AI failure: expectation discrepancy perspective	5
Will the Special Economic Zone contribute to carbon neutrality? Quasi-natural experimental evidence from China	5
Firm gender labour supply elasticities and sources of separation: evidence from Chile	5
Long-term debt in water utilities: does ownership matter? Evidence from West Virginia’s utilities	5
Sequential Monte Carlo estimation for Present-Value model	5
The effectiveness of English Medium Instruction in primary education: evidence from Ethiopia	5
Welfare implications of information sharing by integrated e-retailers	5
Do vintage scores by regions matters? The case of French wine regions	5
Foreign direct investment and industrialization in Tanzania admixture time series forecast analysis 1960 - 2020	5
The impact of public procurement on market competition: evidence from South Korea	5
The profitability of trading US stocks in Quarter 4 - evidence from trading signals emitted by SOI and RSI	5
The minimum guaranteed income in an Italian province: the effect of capping the benefit	5
How dynamic have the returns to education been with technological change? A case study from 1998 to 2021	5

Variation in spending efficiency: the effects of exogenous factors on municipal efficiency in a recently decentralized country	5
The demand for loan guarantees in the UK 1981–2018: time series analysis	5
Peer performance and short-termism: evidence from green patenting activities	5
Does young firm growth persist? The role of firm age	5
Effects of reducing food-away-from-home consumption on sodium intake	5
Disapproval rating, VIX index, COVID-19 cases and Trump’s tweeting against China	5
Do exports of creative goods lead to economic growth?	5
Does economic power or leadership matter? The difference between male and female world leaders in managing pandemics	5
On the nexus between constituents and global energy commodities: an asymmetric analysis	4
Service sectors and trade through a digital medium: a modified gravity approach	4
Financial accelerator, household portfolio, stock prices, and monetary policy shocks	4
Testing for market efficiency in cryptocurrencies: evidence from a non-linear conditional quantile framework	4
Effect of private capital in rival projects on public-private partnership adoption in China	4
Does short-term momentum really exist in China? Evidence from “Siamese twin” stocks	4
Cultural distance, foreign ownership, and corporate innovation in China	4
How population ageing affects tourism trade balance	4
Financing needs, financing environment and over-disclose innovation information	4
Risk perception, risk preference and farmers’ indifference in grain sales	4
Estimating stock pledge rate using VaR and modified ES model	4
How ageing affects manufacturing transformation: empirical evidence from China	4
Is a friend in need a friend indeed? Geopolitical risk, international trade of China, and Belt & Road Initiative	4
Market integration and consumer spending	4
Bitcoin vs. gold: the impact of liquidity on equity risk diversification	4
Education, online education, and the earnings of nurses	4
Exploring the impact and mechanisms of digital finance on regional financial development in China	4
Public debt and aggregate investment in the EU	4
Japan’s unemployment rate hike amid the COVID-19 pandemic – why was it so mild?	4
Decomposing Okun’s law: evidence for the United States, 1970–2021	4
Suppliers’ annual report tone and enterprise inventory efficiency	4
Convergence in economic complexity: global evidence	4
Measuring labor market imperfections using a nonparametric production approach	4
Contributing to the global public good: the case of NATO	4
Examining the impact of revenue diversity on government productivity using stochastic frontier production function: the U.S. State government	4
Factors of carbon emissions from Chinese urban and rural residents: a time-varying study	4
Overnight returns, daytime reversals, and anchoring bias	4
Slicing up indecent employments in global value chains	4
Artificial intelligence and corporate green development: the role of innovation efficiency	4
Geopolitical risk shocks and the Brazilian economy	4
Trade Policy Implications of a Changing World: Tariffs and Market Power	4
Police-involved killings and economic sentiment of black households	4
Supply chain digitalization and suppliers’ ESG	4
Has fintech affected the credit loan scale of urban commercial banks in China?	4
The impact of education on time spent in religious activities: evidence from Turkey	4
Dragging a heavy load to the central bank:influence of experienced natural and man-made disasters on central bankers’ behaviour	4
Economic policy uncertainty and financial stress revisited: a MIDAS-CQR approach	4
Regional scope of practice and hospital readmission	4
The impact of adopting an energy information system on household energy consumption: a dynamic difference-in-differences approach	4
Food markets performance under the COVID-19 pandemic: a case study of meat industry in Iran	4
Does population ageing affect financial market stability? Evidence from firm-level stock price crash risk	4
Optimizing the moving average trade rule for cryptocurrencies: implications of band size and transaction costs	4
Electric vehicles in multi-vehicle households	4
Navigating uncertainty: analysing its impact on the fertilizers industry through listed companies	4
The role of aggregate risk aversion in the pricing of economic uncertainty	4
Breaking the boundaries of corporate innovation: evidence from industry-university cooperation	4
Do robots decrease humans’ wages?	4
The effect of economic growth target constraints on ESG	4
Measuring The Myopic Loss Aversion Premium: An Experimental Approach	4
How does competition for funds in the wealth management market impact Chinese households’ risky financial investment?	4
Using panel data clustering regression analysis to revisit income inequalities in the European Union	4
On the relationship between lemon effect and worker characteristics: evidence from Korea	4
The gender gap in executive pay: insights from quantile regression	4
Cryptocurrencies and capital flows: evidence from El Salvador’s adoption of Bitcoin	4
News implied volatility and aggregate economic activity: evidence from the Japanese government bond market	4
Do environmental provisions in regional trade agreements help to increase environmental innovation?	4
Reasons for the heterogeneity of regional innovation policy on innovation output: considering the influence of policy sentiment	4
Doomed in din or synced with signal: a study of dissent within Indian monetary policy committee	4
Are unionized firms more likely to use nonbank loans?	4
Commodity exports and educational inequality	4
The US vs. the EU: cross-border bank flows’ origin factor and shadow banking in emerging market economies	4
Allocative efficiency of UK firms during the great recession	3
The impact of labour unemployment insurance on entrepreneurial intention and new business creation	3
Is corporate community involvement associated with poverty and income inequality? International evidence	3
Twitter & bitcoin: are the most influential accounts really influential?	3
Peers with romantic relationship and student non-cognitive skills: evidence from Chinese middle schools	3
Price leadership in China’s oil futures market: take two	3
Examining the influence of United States tax policies on Chinese new energy sector amidst RCEP tax reductions	3
Remittances, unemployment, growth and development: a panel cointegration approach	3
The impact of the digital economy on the urban-rural income gap: evidence from provincial panel data in China	3
The asymmetric effects of oil prices on the exchange rate in BRICS: evidence from an advanced quantile approach	3
Correction	3
Value-added share and elasticity of trade to barriers	3
Enterprise digital transformation, COVID-19 and innovation persistence: evidence from China	3
Financial technology and corporate idiosyncratic volatility	3
Digitalization and firm performance: channels and heterogeneities	3
Comparison of GMM and MD estimators for a panel regression model with endogenous regressors and an AR(1) disturbance	3
A cross-country comparison of smallholder farmers’ risk attitudes	3
The discontinuous effect of economic performance on political turnover	3
Baltic dry index and global economic policy uncertainty: evidence from the linear and nonlinear Granger causality tests	3
China Connect and innovation activity	3
Are systemic risk measures effective? Evidence from macroeconomic downside risk prediction	3
The impact of digitalization on corporate ESG performance: an empirical analysis of Chinese A-Share listed companies	3
Multiple large shareholders and risk-taking of commercial banks	3
Driving green innovation: the impact of trade in low-carbon technology products on green entrepreneurship	3
Do Government R&D Subsidies Stimulate Corporate R&D Investment? Evidence from a Quasi-natural Experiment	3
Identifying inconsistency in short-term reversal: evidence from the Chinese stock market	3