Economic Modelling

Article	Citations
Board diversity and outward FDI: Evidence from europe	391
Editorial Board	355
Editorial of the special issue on: Digital innovation and financial access for SMEs	345
A new approach for estimating trade elasticities and measuring the productivity effects associated with trade	150
A paradox of coalition building in public good provision	137
Fundamental volatility and informative trading volume in a rational expectations equilibrium	133
Forecasting the climate-conflict risk in Africa along climate-related scenarios and multiple socio-economic drivers	105
Effects of wage compensation and containment policies on Labor supply during pandemics	104
Are pro-SME credit policies effective? Evidence from shadow banking in China	102
Do agricultural subsidies matter for women’s attitude towards intimate partner violence? Evidence from Malawi	91
Peer effects on decision making in complex financial situations	91
Financial, institutional, and macroeconomic determinants of cross-country portfolio equity flows: The case of developed countries	87
Social capital dilemma in joint liability lending	76
The effects of the BoJ's ETF purchases on equities and corporate investment	75
Economic policy uncertainty and information intermediary: The case of short seller	66
Spillovers from the European Central Bank's asset purchases to countries in Central and Eastern Europe	64
Flexible inflation targeting and stock market volatility: Evidence from emerging market economies	62
Does service trade liberalization relieve manufacturing enterprises’ financial constraints? Evidence from China	61
Investor confidence and high financial literacy jointly shape investments in risky assets	60
Revisiting the role of economic uncertainty in oil price fluctuations: Evidence from a new time-varying oil market model	59
Do geographical appellations provide useful quality signals? The case of Scotch single malt whiskies	59
Can digital transformation reduce within-firm pay inequality? Evidence from China	58
Debt and financial fragility: Italian non-financial companies after the pandemic	57
Identifying the impact of bank competition on corporate shadow banking: Evidence from China	56
Does capital market liberalization increase corporate labor income share? Evidence from China	56

Job creation and destruction in the digital age: Assessing heterogeneous effects across European Union countries	55
The cyclical behaviour of fiscal policy: A meta-analysis	55
The unintended consequences of compensating trade’s losers	54
Government expenditure composition and long-run economic growth in the aging democracy	54
Testing factor models when asset bubbles occur: A time-varying perspective	53
Migrants, regulations, and trade	51
Growth and inequality under different hierarchical education regimes	50
Income assistance, marriage, and child poverty: An assessment of the Family Security Act	49
Localized risk factors: Performance differentials between state-level and US factor models	47
Government ownership of banks: Implications for minority shareholders	47
Can property tax curb housing costs in China? New insights from Chongqing with Bayesian synthetic control	47
Post-Cold War civil conflict and the role of history and religion: A stochastic search variable selection approach	46
Optimal tax enforcement with productive public inputs	45
Are cooperative and commercial banks equally effective in reducing the shadow economy? International evidence	45
Multi-agent, multi-site resource allocation under quotas with a Stackelberg leader and network externalities	45
News and noise in crime politics: The role of announcements and risk attitudes	45
Disentangling demand and supply inflation shocks from electronic payments data	43
A Policy Conundrum: Schumpeterian Growth or Job Creation?	42
Land productivity and colonization	42
Price connectedness and input–output linkages: Evidence from China	42
A long short-term memory enhanced realized conditional heteroskedasticity model	41
Grandchild care and grandparents’ labor supply	40
How are policy uncertainty, real economy, and financial sector connected?	40
Idiosyncratic shocks in a currency union: Insights from West Africa	39
Effect of financial development on innovation: Roles of market institutions	39
Industrial policy persistence and local economic performance: The role of subsidy allocation in China	39
The impact of debt restructuring on dynamic investment and financing policies	39
China’s public international investment: A strategic-trade-policy perspective	39
Comparing asymmetric price efficiency in regional ESG markets before and during COVID-19	38
Economic distress, democratic quality, and satisfaction with democracy in Europe during COVID-19: A multilevel approach	38
The global component of headline and core inflation in emerging market economies and its ability to improve forecasting performance	38
Will voters polarize over pandemic restrictions? Theory and evidence from COVID-19	37
Are African business cycles synchronized? Evidence from spatio-temporal modeling	36
Unlocking the potential of inventory management: Integrating digital transformation with firm practices	35
Did the American Rescue Plan cause inflation? A synthetic control approach	35
Shock-based inference on the Phillips curve with the cost channel	34
A reformulation of the bank lending channel under multiple prudential regulations	34
Portfolio capital flows before and after the Global Financial Crisis	33
On modeling IPO failure risk	33
Regional digitalization, dynamic capabilities and green innovation: Evidence from e-commerce demonstration cities in China	33
The digital economy, entry mode strategies, and the profitability of foreign subsidiaries: A global view	33
COVID-19 and erosion of democracy	32
Environmental rule enforcement and cash holdings: Evidence from a natural experiment	32
Gaps between official and excess Covid-19 mortality measures: The effects of institutional quality and vaccinations	32
Public debt management announcements: A welfare-theoretic analysis	31
Global COVID-19 under-reporting: A Tobit model	31
Cultural values and interbank markets: An agent-based stock-flow consistent model	31
Market-based climate policy with fluctuating fossil energy prices	31
Does vulnerable employment alleviate poverty in developing countries?	31
Improving minimum-variance portfolio through shrinkage of large covariance matrices	31

Assessing potential improvement in education: Unravelling pupils' and schools’ inefficiencies using a multi-level metafrontier approach	30
Does social culture matter for firms' access to trade credit? Evidence from China	30
Editorial Board	30
Asymmetric contagion of jump risk in the Chinese financial sector: Monetary policy transmission matters	30
Does the gender composition of local governments matter for firms’ information environment? Evidence from China	30
Does the digital sector affiliation matter for the productivity of multinational firms?	29
Emerging market responses to external shocks: A cross-country analysis	29
Information acquisition and financial advice	29
A long-run approach to money, unemployment, and equity prices	28
Sequential Bayesian bandwidth selection for multivariate kernel regression with applications	28
Editorial Board	27
Regime-dependent effects of macroeconomic uncertainty on realized volatility in the U.S. stock market	27
Global value chains and external adjustment: Do exchange rates still matter?	27
Constructing compact cities: How urban regeneration can enhance growth and relieve congestion	27
LAMP, informality and monetary growth rules in an emerging economy	27
Convergence and determinants of young people not in employment, education or training: An European regional analysis	27
Taxation and the distributional impact of inflation: The U.S. post-war experience	27
The impact of public consumption and investment in the euro area during periods of high and normal uncertainty	26
Asymmetries in the transmission of oil price shocks to inflation in the eurozone	26
The economic impact of global uncertainty and security threats on international tourism	26
Financial integration or financial fragmentation? A euro area perspective	26
Lottery preference, short-sale constraint, and the salience effect: Evidence from China	25
The impact of road infrastructure on economic circulation: Market expansion and input cost saving	25
Does stock market liberalization mitigate litigation risk? Evidence from Stock Connect in China	25
Automating efficiency: The impact of industrial robots on labor investment in China	25
Robust estimation of the range-based GARCH model: Forecasting volatility, value at risk and expected shortfall of cryptocurrencies	25
Intergenerational correlation of self-employment in Western Europe	25
Multiproduct firm’s reputation and leniency program in multimarket collusion	25
CEO locality and R&D investment efficiency: Evidence from China	25
Addressing unanticipated interactions in risk equalization: A machine learning approach to modeling medical expenditure risk	24
Heterogeneous technology and specialization for economic growth beyond the middle-income stage	24
Strategic archetypes, credit ratings, and cost of debt	24
Editorial Board	23
Lateral knowledge transfer and foreign affiliate performance: The importance of affiliate strategic roles	23
Bayesian analysis for functional coefficient conditional autoregressive range model with applications	23
Editorial Board	23
Trade liberalization with granular firms	23
Editorial Board	23
Consumption–investment comovement and the dynamic impact of monetary policy uncertainty in China	23
Financial distress prediction by combining sentiment tone features	22
Intellectual property rights protection and quality upgrading: Evidence from China	22
Household finances, debt overhang and consumption patterns	22
The effect of higher education on Women's obesity and smoking: Evidence from college openings in Turkey	22
Robust investment and hedging policy with limited commitment	22
A game-theoretic analysis of international tax compliance	22
How does offshoring affect the wage impact of immigration?	22
Labor market policies in high- and low-interest rate environments: Evidence from the euro area	22
How does producer services’ agglomeration promote carbon reduction?: The case of China	21
Do export quality and destination income matter for exchange rate pass-through? Evidence from China	21
Labour market miracle, productivity debacle: Measuring the effects of skill-biased and skill-neutral technical change	21
Understanding dynamic return connectedness and portfolio strategies among international sustainable exchange-traded funds	21
When trackers are aware of ESG: Do ESG ratings matter to tracking error portfolio performance?	21
Fiscal institutional reform and export product quality: A Quasi-experimental research on counties managed directly by provinces	21
“Green” fiscal policy measures and nonstandard monetary policy in the euro area	21
How do social insurance premiums influence corporate underinvestment? Evidence from an emerging market	21
Onshore and offshore profit shifting and tax revenue losses in the European Union	21
Household spending diversity, aggregation, and the value of product variety	21
Central and Eastern European economies in a Goldilocks age: A model of labor market institutional choice	20
Location, profitability, and international trade liberalization in European textile-clothing firms	20
Taming the housing crisis: An LTV macroprudential policy	20
Policy coordination under model disagreement and asymmetric shocks	20
Regulating coopetition in an EV charging market	20
Systemic political risk	20
Editorial Board	20
Impact of the “Belt and Road Initiative” on machinery production networks	20
How does fintech affect bank risk? A perspective based on financialized transfer of government implicit debt risk	20
Air pollution and gender imbalance in labor supply responses: Evidence from South Korea	20
Do decreases in Distance-to-Default predict rating downgrades?	20
Joint governance corporate alliance and the share of labour income: Evidence from China's private firms	20
Regulatory arbitrage behavior of internationally active banks and global financial market conditions	20
Corrigendum to “A reformulation of the bank lending channel under multiple prudential regulations” [Econ. Modell. 114 (2022) 1–16/105916]	20
Sustainable and equitable pension reform for emerging economies: An application to Indonesia	19
Belief-dependent pricing decisions	19
Endogenous sector–biased technological change and industrial policy	19
Terrorism and uneven economic development	19
Sustainable economics and finance: Is the sky bluer than before?	19
Oil shocks and the U.S. economy in a data-rich model	19
Fiscal multipliers within the euro area in the context of sovereign risk and bank fragility	19
A time-varying Phillips curve with global factors: Are global factors important?	19
Examining Chinese volume–volatility nexus: A regime-switching perspective	19

Monetary policy analysis using natural language processing: Evaluating the People's Bank of China's minutes and report summary with the Taylor Rule	19
Hedge fund fee structure and risk exposure	18
Do general equilibrium effects matter for labor market dynamics?	18
Does environmental regulation affect the labor income share of manufacturing enterprises? Evidence from China	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
Economic policy uncertainty and green innovation: Evidence from China	18
Editorial Board	18
Editorial Board	18
Market price determination: Interpreting quote order imbalance under zero-profit equilibrium	18
The macroeconomic effects of business tax cuts with debt financing and accelerated depreciation	18
The labor share puzzle: Empirical evidence for European countries	18
CO2 emissions, energy consumption, and economic growth: Determining the stability of the 3E relationship	18
Government spending multipliers and financial fragility in Italy	18
Disclosure policies in all-pay auctions with affiliated values	18
Carbon trading amidst global uncertainty: The role of policy and geopolitical uncertainty	18
The market value effect of digital mergers and acquisitions: Evidence from China	18
A spatial one-sided error model to identify where unarrested criminals live	18
Unveiling the trade and welfare effects of regional services trade agreements: A structural gravity approach	18
ESG rating confusion and bond spreads	18
Foreign ownership without knowledge transfers: Evidence of processing exporter underperformance from firm-level data	18
Temporary migration, indeterminacy and growth	17
Editorial of the special issue on contemporary issues in tourism economics	17
Health investment and medical risk: New explanations of the portfolio puzzle	17
Spatial interactions and micro-enterprises’ uptake of COVID-19 financial aid: Evidence from a spatial hurdle probit model	17
Good and bad self-excitation: Asymmetric self-exciting jumps in Bitcoin returns	17
Market-oriented reforms and wealth inequality in China	17
Is policy causing chaos in the United Kingdom?	17
Types of employment and well-being of rural residents: A multinomial endogenous switching regression application	17
The effects of private and social incentives on students’ test-taking effort	17
Exchange rate predictability, risk premiums, and predictive system	17
Resource misallocation in China: Biased subsidies versus credit discrimination	17
Servicification and manufacturing exports: Evidence from India	17
Understanding the public-private sector wage gap in Germany: New evidence from a Fixed Effects quantile Approach∗	17
Discrepancy and cross-regional bias in sovereign credit ratings: Analyzing the role of public debt	17
Modeling country-sectoral spillovers in generalized propensity score matching: An empirical test on trade data	17
Multidimensional poverty and growth: Evidence from India 1998–2021	16
Free licensing strategy and ex-post privatization policy with passive ownership	16
Population aging and innovation slowdown: Dual mechanisms of firm cost structure and consumption preference	16
Do green bonds de-risk investment in low-carbon stocks?	16
Can land misallocation be a greater barrier to development than capital? Evidence from manufacturing firms in Sri Lanka	16
Share repurchases under economic policy uncertainty: Evidence from China	16
Beyond financial deepening: Rethinking the finance-growth relationship in an uneven world	16
Corporate governance of controlling shareholders and labor employment decisions: Evidence from a parent board reform in China	16
Does investment in consumer finance companies impact credit allocation of banks? Evidence from China	16
Welfare effects of health insurance reform: The role of elastic medical demand	16
Business strategy, corporate social responsibility, and within-firm pay gap	16
Examining business cycles and optimal monetary policy in a regional DSGE model	16
Optimal carbon tax rates in a dynamic stochastic general equilibrium model with a supply chain	16
Pushing and pulling on a string? Inflationary effects of expansionary and contractionary monetary policies when rates are negative	16
Great moderation with Chinese characteristics: Uncovering the role of monetary policy	16
On the role of dependence in sticky price and sticky information Phillips curve: Modelling and forecasting	16
Uncertainty shocks and business cycles in the US: New insights from the last three decades	16
Bank fintech, liquidity creation, and risk-taking: Evidence from China	16
Life expectancy, fertility, and retirement in an endogenous-growth model with human capital accumulation	16
Welfare and income effects of tuition subsidies and public investment in schooling	15
Editorial Board	15
The network effect of Chinese competition on what domestic suppliers produce	15
A two-stage game model of probabilistic price manipulation in decentralized exchanges	15
The role of wages in triggering innovation and productivity: A dynamic exploration for European economies	15
Corporate diversification and labor investment efficiency: Evidence from China	15
Fiscal consolidation and asymmetric macroeconomic effects: Evidence from Sub-Saharan African countries	15
The cyclicality of the finance premium over the business cycle	15
Can conflicts unite a nation?	15
Role of global, regional, and advanced market economic policy uncertainty on bond spreads in emerging markets	15
The asymmetric dynamics of stock–bond liquidity correlation in China: The role of macro-financial determinants	15
Editorial Board	15
Ownership, volatility, and equity incentives: Theory and evidence from listed companies in China	15
Do liquidity constraints affect the investment decisions of California hospitals?	15
Should the Daylight Saving Time be abolished? Evidence from work accidents in Italy	15
Does demand for health services depend on cost-sharing? Evidence from Italy	15
Winning hearts and minds in conflict-ridden areas: Development as a signal of benevolence	15
Predicting cryptocurrency volatility: The power of model clustering	15
Spatial economic dynamics in transport project appraisal	15
The impact of informal care from children to their elderly parents on self-employment? Evidence from China	15
Does relationship lending help firms to ask for credit? European cross-country evidence	15
Transition risk of a petroleum currency	15
Sovereign yield curves and the COVID-19 in emerging markets	15
Firm location effect on underwriting, subscription, and underpricing: Evidence from IPOs in China	15
Efficiency–equity trade-off in the Irish carbon tax: A CGE investigation of mixed revenue recycling schemes	14
Do board reforms in parent firms boost subsidiaries’ innovation?	14
The momentum life cycle re-examined: Using incongruent value-growth to identify the momentum stage of stocks	14
COVID-19 and Indigenous health in the Brazilian Amazon	14
Global value chains participation and pollution emissions? Theory and evidence from Chinese enterprises	14
Portfolio constructions in cryptocurrency market: A CVaR-based deep reinforcement learning approach	14
Accounting for spanish economic development 1850–2019	14
Exploring the determinants of Fintech Credit: A comprehensive analysis	14
Empirical evidence of risk contagion across regional housing markets in China	14
Are activist hedge funds good business advisors?	14
Information and optimal trading strategies with dark pools	14
Surname distance and interregional investments	14
Editorial Board	14
Internetization and the markups of export firms: Evidence from China	14
A regime-switching model of stock returns with momentum and mean reversion	14
High-speed railway and the intercity transmission of epidemics: Evidence from COVID-19 in China	14