Economic Modelling

Article	Citations
Peer effects on decision making in complex financial situations	335
Flexible inflation targeting and stock market volatility: Evidence from emerging market economies	326
Financial, institutional, and macroeconomic determinants of cross-country portfolio equity flows: The case of developed countries	276
The effects of the BoJ's ETF purchases on equities and corporate investment	117
Board diversity and outward FDI: Evidence from europe	111
Spillovers from the European Central Bank's asset purchases to countries in Central and Eastern Europe	107
Editorial Board	107
A nonparametric approach to evolutionary oligopoly games: An application to the crude oil industry	89
Do agricultural subsidies matter for women’s attitude towards intimate partner violence? Evidence from Malawi	87
Editorial of the special issue on: Digital innovation and financial access for SMEs	83
Are pro-SME credit policies effective? Evidence from shadow banking in China	82
Asymmetries and flight-to-safety effects in the price discovery process of cross-listed stocks	82
Revisiting the role of economic uncertainty in oil price fluctuations: Evidence from a new time-varying oil market model	76
A new approach for estimating trade elasticities and measuring the productivity effects associated with trade	75
A paradox of coalition building in public good provision	74
Does capital market liberalization increase corporate labor income share? Evidence from China	68
Job creation and destruction in the digital age: Assessing heterogeneous effects across European Union countries	62
Identifying the impact of bank competition on corporate shadow banking: Evidence from China	59
Investor confidence and high financial literacy jointly shape investments in risky assets	55
Do geographical appellations provide useful quality signals? The case of Scotch single malt whiskies	53
Forecasting the climate-conflict risk in Africa along climate-related scenarios and multiple socio-economic drivers	52
Fundamental volatility and informative trading volume in a rational expectations equilibrium	52
Can digital transformation reduce within-firm pay inequality? Evidence from China	52
Economic policy uncertainty and information intermediary: The case of short seller	50
Government Expenditure Composition and Long-Run Economic Growth in the Aging Democracy	49

Does service trade liberalization relieve manufacturing enterprises’ financial constraints? Evidence from China	49
The cyclical behaviour of fiscal policy: A meta-analysis	49
Social capital dilemma in joint liability lending	48
Debt and financial fragility: Italian non-financial companies after the pandemic	47
Multi-agent, multi-site resource allocation under quotas with a Stackelberg leader and network externalities	46
Optimal tax enforcement with productive public inputs	46
News and noise in crime politics: The role of announcements and risk attitudes	44
The digital economy, entry mode strategies, and the profitability of foreign subsidiaries: A global view	43
Are cooperative and commercial banks equally effective in reducing the shadow economy? International evidence	42
Effect of financial development on innovation: Roles of market institutions	42
Will voters polarize over pandemic restrictions? Theory and evidence from COVID-19	42
The unintended consequences of compensating trade’s losers	42
Land productivity and colonization	42
Corporate tax avoidance and government corruption: Evidence from Chinese firms	41
Grandchild care and grandparents’ labor supply	40
Industrial policy persistence and local economic performance: The role of subsidy allocation in China	40
Testing factor models when asset bubbles occur: A time-varying perspective	39
The impact of debt restructuring on dynamic investment and financing policies	39
Shock-based inference on the Phillips curve with the cost channel	39
Migrants, regulations, and trade	38
Bayesian TVP-VARX models with time invariant long-run multipliers	38
A reformulation of the bank lending channel under multiple prudential regulations	37
COVID-19 and erosion of democracy	37
Growth and inequality under different hierarchical education regimes	37
Government ownership of banks: Implications for minority shareholders	36
A long short-term memory enhanced realized conditional heteroskedasticity model	36
Disentangling demand and supply inflation shocks from electronic payments data	36
Comparing asymmetric price efficiency in regional ESG markets before and during COVID-19	36
Income assistance, marriage, and child poverty: An assessment of the Family Security Act	36
Unlocking the potential of inventory management: Integrating digital transformation with firm practices	35
Post-Cold War civil conflict and the role of history and religion: A stochastic search variable selection approach	35
On modeling IPO failure risk	34
How are policy uncertainty, real economy, and financial sector connected?	34
Idiosyncratic shocks in a currency union: Insights from West Africa	33
Regional digitalization, dynamic capabilities and green innovation: Evidence from e-commerce demonstration cities in China	33
Macroeconomic effects of maternity leave legislation in emerging economies	33
Are African business cycles synchronized? Evidence from spatio-temporal modeling	32
Price connectedness and input–output linkages: Evidence from China	32
A Policy Conundrum: Schumpeterian Growth or Job Creation?	31
Did the American Rescue Plan cause inflation? A synthetic control approach	31
The global component of headline and core inflation in emerging market economies and its ability to improve forecasting performance	31
China’s public international investment: A strategic-trade-policy perspective	30
Robust estimation of the range-based GARCH model: Forecasting volatility, value at risk and expected shortfall of cryptocurrencies	30
Impacts of asymmetry on forecasting realized volatility in Japanese stock markets	30
Gaps between official and excess Covid-19 mortality measures: The effects of institutional quality and vaccinations	30
Portfolio capital flows before and after the Global Financial Crisis	30
Global COVID-19 under-reporting: A Tobit model	30
Multiproduct firm’s reputation and leniency program in multimarket collusion	29
The impact of public consumption and investment in the euro area during periods of high and normal uncertainty	29
The economic impact of global uncertainty and security threats on international tourism	28

Constructing compact cities: How urban regeneration can enhance growth and relieve congestion	28
Does social culture matter for firms' access to trade credit? Evidence from China	28
Market-based climate policy with fluctuating fossil energy prices	28
Does vulnerable employment alleviate poverty in developing countries?	28
Global value chains and external adjustment: Do exchange rates still matter?	27
Convergence and determinants of young people not in employment, education or training: An European regional analysis	27
Editorial Board	27
Addressing unanticipated interactions in risk equalization: A machine learning approach to modeling medical expenditure risk	27
Public debt management announcements: A welfare-theoretic analysis	27
Taxation and the distributional impact of inflation: The U.S. post-war experience	27
Heterogeneous technology and specialization for economic growth beyond the middle-income stage	26
Financial integration or financial fragmentation? A euro area perspective	26
Interest rate trends in a global context	26
Asymmetric contagion of jump risk in the Chinese financial sector: Monetary policy transmission matters	26
Assessing potential improvement in education: Unravelling pupils' and schools’ inefficiencies using a multi-level metafrontier approach	26
Does the digital sector affiliation matter for the productivity of multinational firms?	25
Improving minimum-variance portfolio through shrinkage of large covariance matrices	25
Emerging market responses to external shocks: A cross-country analysis	25
Information acquisition and financial advice	25
Does stock market liberalization mitigate litigation risk? Evidence from Stock Connect in China	24
Regime-dependent effects of macroeconomic uncertainty on realized volatility in the U.S. stock market	24
Lottery preference, short-sale constraint, and the salience effect: Evidence from China	24
Intergenerational correlation of self-employment in Western Europe	24
A long-run approach to money, unemployment, and equity prices	24
Long-term business relationships, bargaining and monetary policy	24
Sequential Bayesian bandwidth selection for multivariate kernel regression with applications	24
Does the gender composition of local governments matter for firms’ information environment? Evidence from China	24
Environmental rule enforcement and cash holdings: Evidence from a natural experiment	23
Automating efficiency: The impact of industrial robots on labor investment in China	23
Strategic archetypes, credit ratings, and cost of debt	23
Asymmetries in the transmission of oil price shocks to inflation in the eurozone	23
The impact of road infrastructure on economic circulation: Market expansion and input cost saving	23
LAMP, informality and monetary growth rules in an emerging economy	23
How does offshoring affect the wage impact of immigration?	22
Editorial Board	22
Bayesian analysis for functional coefficient conditional autoregressive range model with applications	22
Do export quality and destination income matter for exchange rate pass-through? Evidence from China	21
A game-theoretic analysis of international tax compliance	21
Trade liberalization with granular firms	21
Editorial Board	21
Editorial Board	21
Regulating coopetition in an EV charging market	21
Editorial Board	21
Household finances, debt overhang and consumption patterns	20
Intellectual property rights protection and quality upgrading: Evidence from China	20
Robust investment and hedging policy with limited commitment	20
The effect of higher education on Women's obesity and smoking: Evidence from college openings in Turkey	20
Onshore and offshore profit shifting and tax revenue losses in the European Union	20
Fiscal institutional reform and export product quality: A Quasi-experimental research on counties managed directly by provinces	20
Lateral knowledge transfer and foreign affiliate performance: The importance of affiliate strategic roles	20
Understanding dynamic return connectedness and portfolio strategies among international sustainable exchange-traded funds	20
Labor market policies in high- and low-interest rate environments: Evidence from the euro area	20
Consumption–investment comovement and the dynamic impact of monetary policy uncertainty in China	20
Household spending diversity, aggregation, and the value of product variety	20
How do social insurance premiums influence corporate underinvestment? Evidence from an emerging market	19
“Green” fiscal policy measures and nonstandard monetary policy in the euro area	19
Labour market miracle, productivity debacle: Measuring the effects of skill-biased and skill-neutral technical change	19
Financial distress prediction by combining sentiment tone features	18
Air pollution and gender imbalance in labor supply responses: Evidence from South Korea	18
Fiscal multipliers within the euro area in the context of sovereign risk and bank fragility	18
Belief-dependent pricing decisions	18
Taming the housing crisis: An LTV macroprudential policy	18
How does producer services’ agglomeration promote carbon reduction?: The case of China	18
A spatial one-sided error model to identify where unarrested criminals live	18
Terrorism and uneven economic development	18
Sustainable economics and finance: Is the sky bluer than before?	18
A time-varying Phillips curve with global factors: Are global factors important?	18
When trackers are aware of ESG: Do ESG ratings matter to tracking error portfolio performance?	18
Impact of the “Belt and Road Initiative” on machinery production networks	18
Endogenous sector–biased technological change and industrial policy	18
Oil shocks and the U.S. economy in a data-rich model	18
Central and Eastern European economies in a Goldilocks age: A model of labor market institutional choice	17
The labor share puzzle: Empirical evidence for European countries	17
Joint governance corporate alliance and the share of labour income: Evidence from China's private firms	17
How many fundamentals should we include in the behavioral equilibrium exchange rate model?	17
Systemic political risk	17
Do decreases in Distance-to-Default predict rating downgrades?	17
Market price determination: Interpreting quote order imbalance under zero-profit equilibrium	17
Location, profitability, and international trade liberalization in European textile-clothing firms	17
Unveiling the trade and welfare effects of regional services trade agreements: A structural gravity approach	17

The macroeconomic effects of business tax cuts with debt financing and accelerated depreciation	17
Editorial Board	17
Policy coordination under model disagreement and asymmetric shocks	16
Regulatory arbitrage behavior of internationally active banks and global financial market conditions	16
Examining Chinese volume–volatility nexus: A regime-switching perspective	16
Does environmental regulation affect the labor income share of manufacturing enterprises? Evidence from China	16
Great moderation with Chinese characteristics: Uncovering the role of monetary policy	16
The market value effect of digital mergers and acquisitions: Evidence from China	16
Do general equilibrium effects matter for labor market dynamics?	16
CO2 emissions, energy consumption, and economic growth: Determining the stability of the 3E relationship	16
ESG rating confusion and bond spreads	16
Optimal carbon tax rates in a dynamic stochastic general equilibrium model with a supply chain	16
Carbon trading amidst global uncertainty: The role of policy and geopolitical uncertainty	16
Strategic or substantive green innovation: How do non-green firms respond to green credit policy?	16
Uncertainty, financial development, and FDI inflows: Global evidence	16
Corrigendum to “A reformulation of the bank lending channel under multiple prudential regulations” [Econ. Modell. 114 (2022) 1–16/105916]	16
Economic policy uncertainty and green innovation: Evidence from China	16
How does fintech affect bank risk? A perspective based on financialized transfer of government implicit debt risk	16
Discrepancy and cross-regional bias in sovereign credit ratings: Analyzing the role of public debt	16
Monetary Policy Forecasting Using Natural Language Processing: Analysing the People’s Bank of China’s Minutes and Report Summary with the Taylor Rule	16
Rumor investigation in networks	15
Multidimensional poverty and growth: Evidence from India 1998–2021	15
Foreign ownership without knowledge transfers: Evidence of processing exporter underperformance from firm-level data	15
The effects of private and social incentives on students’ test-taking effort	15
Class differences and the Commercial Revolution: An equilibrium selection story	15
Free licensing strategy and ex-post privatization policy with passive ownership	15
Editorial Board	15
Government spending multipliers and financial fragility in Italy	15
Welfare effects of health insurance reform: The role of elastic medical demand	15
Is policy causing chaos in the United Kingdom?	15
Uncertainty shocks and business cycles in the US: New insights from the last three decades	15
Disclosure policies in all-pay auctions with affiliated values	15
A Time-Varying Hedonic Approach to quantifying the effects of loss aversion on house prices	15
On the role of dependence in sticky price and sticky information Phillips curve: Modelling and forecasting	15
Pushing and pulling on a string? Inflationary effects of expansionary and contractionary monetary policies when rates are negative	15
Can land misallocation be a greater barrier to development than capital? Evidence from manufacturing firms in Sri Lanka	14
Good and bad self-excitation: Asymmetric self-exciting jumps in Bitcoin returns	14
Editorial of the special issue on contemporary issues in tourism economics	14
Bank fintech, liquidity creation, and risk-taking: Evidence from China	14
Information and optimal trading strategies with dark pools	14
Corporate diversification and labor investment efficiency: Evidence from China	14
Business strategy, corporate social responsibility, and within-firm pay gap	14
Productivity, relative sectoral prices, and total factor productivity: Theory and evidence	14
Modeling country-sectoral spillovers in generalized propensity score matching: An empirical test on trade data	14
Exchange rate predictability, risk premiums, and predictive system	14
Editorial Board	14
Resource misallocation in China: Biased subsidies versus credit discrimination	14
Do green bonds de-risk investment in low-carbon stocks?	14
Forecasting imports with information from abroad	14
Understanding the public-private sector wage gap in Germany: New evidence from a Fixed Effects quantile Approach∗	14
Inflation, economic growth and education expenditure	14
Share repurchases under economic policy uncertainty: Evidence from China	14
Corporate governance of controlling shareholders and labor employment decisions: Evidence from a parent board reform in China	14
Servicification and manufacturing exports: Evidence from India	14
Hedge fund fee structure and risk exposure	14
Health investment and medical risk: New explanations of the portfolio puzzle	14
Surname distance and interregional investments	14
Firm location effect on underwriting, subscription, and underpricing: Evidence from IPOs in China	14
Life expectancy, fertility, and retirement in an endogenous-growth model with human capital accumulation	14
Examining business cycles and optimal monetary policy in a regional DSGE model	14
Market-oriented reforms and wealth inequality in China	14
Beyond financial deepening: Rethinking the finance-growth relationship in an uneven world	14
Are activist hedge funds good business advisors?	13
Empirical evidence of risk contagion across regional housing markets in China	13
Editorial Board	13
The role of wages in triggering innovation and productivity: A dynamic exploration for European economies	13
Welfare and income effects of tuition subsidies and public investment in schooling	13
Accounting for spanish economic development 1850–2019	13
Does demand for health services depend on cost-sharing? Evidence from Italy	13
Predicting cryptocurrency volatility: The power of model clustering	13
Does relationship lending help firms to ask for credit? European cross-country evidence	13
Transition risk of a petroleum currency	13
Spatial economic dynamics in transport project appraisal	13
Winning hearts and minds in conflict-ridden areas: Development as a signal of benevolence	13
The network effect of Chinese competition on what domestic suppliers produce	13
Frictions and empirical fit in a DSGE model for Indonesia	13
Sovereign yield curves and the COVID-19 in emerging markets	13
COVID-19 and Indigenous health in the Brazilian Amazon	13
Editorial Board	13
Investment and financing analysis for a venture capital alternative	13
Can conflicts unite a nation?	13
Output distortions and the choice of legal form of organization	12
The impact of informal care from children to their elderly parents on self-employment? Evidence from China	12
The asymmetric dynamics of stock–bond liquidity correlation in China: The role of macro-financial determinants	12
The calibration of initial shocks in bank stress test scenarios: An outlier detection based approach	12
Life cycle analysis of savings accounts with matching contributions	12
Provincial economic growth and firm excess investment: Evidence from China	12
The Daily Economic Indicator: tracking economic activity daily during the lockdown	12
Efficiency–equity trade-off in the Irish carbon tax: A CGE investigation of mixed revenue recycling schemes	12
Does inattentiveness matter for DSGE modeling? An empirical investigation	12
Capital income risk and the dynamics of the wealth distribution	12
A regime-switching model of stock returns with momentum and mean reversion	12
The effects of asset prices on income inequality: Redistribution policy does matter	12
Portfolio constructions in cryptocurrency market: A CVaR-based deep reinforcement learning approach	12
Fiscal stabilisation in real time: An exercise in risk management	12