Economic Modelling

Article	Citations
Editorial Board	503
Spillovers from the European Central Bank's asset purchases to countries in Central and Eastern Europe	494
Forecasting the climate-conflict risk in Africa along climate-related scenarios and multiple socio-economic drivers	239
Editorial of the special issue on: Digital innovation and financial access for SMEs	191
A new approach for estimating trade elasticities and measuring the productivity effects associated with trade	165
Effects of wage compensation and containment policies on Labor supply during pandemics	146
Coping with labor market risk: Formal job loss and earnings dynamics in India	141
Dynamic linear expenditure system with stochastic trends in preferences: Bayesian estimation using time-series data	121
Debt and financial fragility: Italian non-financial companies after the pandemic	116
Board diversity and outward FDI: Evidence from europe	103
Local government debt and shadow banking of non-financial enterprises: Evidence from China	102
Policy uncertainty and optimal provision of public information	102
A paradox of coalition building in public good provision	100
The cyclical behaviour of fiscal policy: A meta-analysis	96
How poverty alleviation improved girls’ school completion in rural China? The role of health	95
Scale Economies in European Trade	90
Are pro-SME credit policies effective? Evidence from shadow banking in China	84
Common institutional ownership and corporate financial investment	83
Systematic risk profiling: Assessing compounding economic risks in developing countries	80
Social capital dilemma in joint liability lending	79
Investor confidence and high financial literacy jointly shape investments in risky assets	77
The effects of the BoJ's ETF purchases on equities and corporate investment	76
Economic policy uncertainty and information intermediary: The case of short seller	73
Do geographical appellations provide useful quality signals? The case of Scotch single malt whiskies	73
Peer effects on decision making in complex financial situations	72

Stocks, currencies, and geopolitical shocks: Evidence from advanced and emerging markets	72
Does public long-term care insurance affect spousal labor supply? Evidence from China	70
Government expenditure composition and long-run economic growth in the aging democracy	70
Does capital market liberalization increase corporate labor income share? Evidence from China	69
How do free trade agreements affect firms’ export values? Insights into the mechanisms of trade costs and export stability	63
Job creation and destruction in the digital age: Assessing heterogeneous effects across European Union countries	63
Financial, institutional, and macroeconomic determinants of cross-country portfolio equity flows: The case of developed countries	62
Can digital transformation reduce within-firm pay inequality? Evidence from China	61
Creditor protection shocks and corporate cash holdings: Insights from online judicial auctions	61
Identifying the impact of bank competition on corporate shadow banking: Evidence from China	60
Do agricultural subsidies matter for women’s attitude towards intimate partner violence? Evidence from Malawi	58
Flexible inflation targeting and stock market volatility: Evidence from emerging market economies	58
Optimal tax enforcement with productive public inputs	57
Did the American Rescue Plan cause inflation? A synthetic control approach	57
Portfolio capital flows before and after the Global Financial Crisis	56
Shock-based inference on the Phillips curve with the cost channel	56
Localized risk factors: Performance differentials between state-level and US factor models	55
Land productivity and colonization	55
Informal networks and education choice: A dynamic macro model	54
The unintended consequences of compensating trade’s losers	54
Can property tax curb housing costs in China? New insights from Chongqing with Bayesian synthetic control	52
Does corporate digital transformation promote disruptive innovation?Evidence from China	50
Age- and parity-specific birth trends in Australia: Is low fertility inevitable?	50
Migrants, regulations, and trade	49
Idiosyncratic shocks in a currency union: Insights from West Africa	49
Tourism in Africa and economic vulnerabilities to exogenous shocks	48
A long short-term memory enhanced realized conditional heteroskedasticity model	48
Are African business cycles synchronized? Evidence from spatio-temporal modeling	48
The effect of retail chain expansions on local small businesses: The case of Dollar General in Florida	47
Deposit insurance pricing and monetary policy transmission	47
News and noise in crime politics: The role of announcements and risk attitudes	44
Growth and inequality under different hierarchical education regimes	44
Post-Cold War civil conflict and the role of history and religion: A stochastic search variable selection approach	43
The effects of consumer goods tariff reductions on market competition in China	43
Disentangling demand and supply inflation shocks from electronic payments data	43
Comparing asymmetric price efficiency in regional ESG markets before and during COVID-19	43
The global component of headline and core inflation in emerging market economies and its ability to improve forecasting performance	43
Testing factor models when asset bubbles occur: A time-varying perspective	42
Dual class shares design in corporate firms: An endogenous governance model of the optimal “wedge”	42
Industrial policy persistence and local economic performance: The role of subsidy allocation in China	41
A reformulation of the bank lending channel under multiple prudential regulations	41
China’s public international investment: A strategic-trade-policy perspective	39
A Policy Conundrum: Schumpeterian Growth or Job Creation?	39
How are policy uncertainty, real economy, and financial sector connected?	39
Price connectedness and input–output linkages: Evidence from China	38
Multi-agent, multi-site resource allocation under quotas with a Stackelberg leader and network externalities	38
Unlocking the potential of inventory management: Integrating digital transformation with firm practices	38
Grandchild care and grandparents’ labor supply	37
Will voters polarize over pandemic restrictions? Theory and evidence from COVID-19	37
Financial development and entrepreneurial vitality: Exploring the influence of entrepreneurial intention and government attention	37

Economic distress, democratic quality, and satisfaction with democracy in Europe during COVID-19: A multilevel approach	36
Do foreign direct investment and trade affect the relationship between temperature and civil conflict?	36
Renewable energy shocks and business cycle dynamics in Brazil	35
The digital economy, entry mode strategies, and the profitability of foreign subsidiaries: A global view	35
Regional digitalization, dynamic capabilities and green innovation: Evidence from e-commerce demonstration cities in China	35
Are cooperative and commercial banks equally effective in reducing the shadow economy? International evidence	34
Improving minimum-variance portfolio through shrinkage of large covariance matrices	33
Gaps between official and excess Covid-19 mortality measures: The effects of institutional quality and vaccinations	33
Cultural values and interbank markets: An agent-based stock-flow consistent model	33
Global COVID-19 under-reporting: A Tobit model	33
Automating efficiency: The impact of industrial robots on labor investment in China	32
Asymmetric contagion of jump risk in the Chinese financial sector: Monetary policy transmission matters	32
Public debt management announcements: A welfare-theoretic analysis	32
Regime-dependent effects of macroeconomic uncertainty on realized volatility in the U.S. stock market	32
Editorial Board	31
Modeling electricity markets when renewable power increases	31
Addressing unanticipated interactions in risk equalization: A machine learning approach to modeling medical expenditure risk	31
Editorial Board	31
A long-run approach to money, unemployment, and equity prices	31
From conflict to creativity: US-China trade war and Chinese corporate innovation	31
Strategic archetypes, credit ratings, and cost of debt	30
Financial integration or financial fragmentation? A euro area perspective	30
Editorial Board	30
A new method to estimate the income elasticity of marginal utility of income in the absence of price data	30
Editorial Board	30
Multiproduct firm’s reputation and leniency program in multimarket collusion	29
LAMP, informality and monetary growth rules in an emerging economy	29
Market-based climate policy with fluctuating fossil energy prices	29
Emerging market responses to external shocks: A cross-country analysis	28
The impact of public consumption and investment in the euro area during periods of high and normal uncertainty	28
Does economic policy uncertainty impact global value chain participation of Indian firms? The role of financial constraints	28
Assessing potential improvement in education: Unravelling pupils' and schools’ inefficiencies using a multi-level metafrontier approach	28
Does the gender composition of local governments matter for firms’ information environment? Evidence from China	27
The economic impact of global uncertainty and security threats on international tourism	27
Constructing compact cities: How urban regeneration can enhance growth and relieve congestion	27
Does the digital sector affiliation matter for the productivity of multinational firms?	27
Time-varying tails and the tail risk premium	27
Does vulnerable employment alleviate poverty in developing countries?	27
Global value chains and external adjustment: Do exchange rates still matter?	27
Information acquisition and financial advice	27
Climate risk and intra-firm wage inequality	26
Lottery preference, short-sale constraint, and the salience effect: Evidence from China	26
Does social culture matter for firms' access to trade credit? Evidence from China	26
Economic policy uncertainty, ESG practices, and investment inefficiency in U.S. firms	26
Do government subsidies undermine organizational resilience? Evidence from stock price reactions to the COVID-19 pandemic	26
Does digital finance spatial correlation drive income convergence?	26
Supply chain digitalization and corporate innovation: evidence from China	26
Robust estimation of the range-based GARCH model: Forecasting volatility, value at risk and expected shortfall of cryptocurrencies	25
Editorial Board	25
How does offshoring affect the wage impact of immigration?	25
Robust investment and hedging policy with limited commitment	25
The effect of higher education on Women's obesity and smoking: Evidence from college openings in Turkey	25
Regulating coopetition in an EV charging market	25
CEO locality and R&D investment efficiency: Evidence from China	25
Editorial Board	25
Editorial Board	25
Understanding dynamic return connectedness and portfolio strategies among international sustainable exchange-traded funds	25
Reforming China’s public pension system: Fiscal sustainability and the challenge of formality-based inequality	24
Lateral knowledge transfer and foreign affiliate performance: The importance of affiliate strategic roles	24
Air pollution and gender imbalance in labor supply responses: Evidence from South Korea	24
Onshore and offshore profit shifting and tax revenue losses in the European Union	24
Does the supply network shape the firm size distribution? The Japanese case	24
Household spending diversity, aggregation, and the value of product variety	24
Voluntary capital buffers and risk-taking in dual banking systems	24
How do social insurance premiums influence corporate underinvestment? Evidence from an emerging market	24
Labor market policies in high- and low-interest rate environments: Evidence from the euro area	23
Consumption–investment comovement and the dynamic impact of monetary policy uncertainty in China	23
How institutions shape the economic returns to investment in European regions?	23
Interpretable machine learning unveils nonlinear drivers of global energy risk spillovers: A TVP-VAR approach	23
Peer influence and inflation expectations: Evidence from households’ social comparisons	23
A game-theoretic analysis of international tax compliance	23
Can the cross-border e-commerce comprehensive pilot area policy improve China's FDI quality?	23
FDI spillovers, innovation and the role of industrial clusters: Evidence from innovative Indian manufacturing firms	22
Do export quality and destination income matter for exchange rate pass-through? Evidence from China	22
The art and science of monetary and fiscal policies in an emerging economy	22
Bayesian analysis for functional coefficient conditional autoregressive range model with applications	22
Household finances, debt overhang and consumption patterns	22
The dark side of environmental judicial specialization: Corporate labor income share in China	22
When trackers are aware of ESG: Do ESG ratings matter to tracking error portfolio performance?	21
Quality distortions in monopolistic competition	21

Policy coordination under model disagreement and asymmetric shocks	21
Sustainable economics and finance: Is the sky bluer than before?	21
Fiscal multipliers within the euro area in the context of sovereign risk and bank fragility	21
Corrigendum to “A reformulation of the bank lending channel under multiple prudential regulations” [Econ. Modell. 114 (2022) 1–16/105916]	21
Fiscal institutional reform and export product quality: A Quasi-experimental research on counties managed directly by provinces	21
Belief-dependent pricing decisions	21
A spatial one-sided error model to identify where unarrested criminals live	21
Do decreases in Distance-to-Default predict rating downgrades?	21
Does auction design facilitate collusion?	21
“Green” fiscal policy measures and nonstandard monetary policy in the euro area	21
Market price determination: Interpreting quote order imbalance under zero-profit equilibrium	21
Spatial spillover effect of green credit on carbon emission intensity in China: The role of high-quality productive forces	21
Do general equilibrium effects matter for labor market dynamics?	21
Joint governance corporate alliance and the share of labour income: Evidence from China's private firms	21
Technological peer pressure and inventor mobility: Evidence from China	20
How many fundamentals should we include in the behavioral equilibrium exchange rate model?	20
How does fintech affect bank risk? A perspective based on financialized transfer of government implicit debt risk	20
A time-varying Phillips curve with global factors: Are global factors important?	20
A co-jump network approach to systemic risk measurement: Evidence from the U.S. financial market	20
Monetary policy analysis using natural language processing: Evaluating the People's Bank of China's minutes and report summary with the Taylor Rule	20
From silos to markets: How data factor marketization drives digital-physical technology integration	20
Quantifying firm-level carbon risk: A novel emission reduction stress factor	20
Terrorism and uneven economic development	20
The labor share puzzle: Empirical evidence for European countries	20
Examining Chinese volume–volatility nexus: A regime-switching perspective	20
Carbon trading amidst global uncertainty: The role of policy and geopolitical uncertainty	19
The macroeconomic effects of business tax cuts with debt financing and accelerated depreciation	19
The market value effect of digital mergers and acquisitions: Evidence from China	19
Health investment and medical risk: New explanations of the portfolio puzzle	19
CO2 emissions, energy consumption, and economic growth: Determining the stability of the 3E relationship	19
The effects of private and social incentives on students’ test-taking effort	19
Systemic political risk	19
Do educated leaders perform better? Evidence on parliamentary effort and constituency outcomes in India	19
Location, profitability, and international trade liberalization in European textile-clothing firms	19
Fragile firms, fierce shocks: The asymmetric firm-level transmission of monetary policy in India	19
Sustainable and equitable pension reform for emerging economies: An application to Indonesia	19
How do labor supply dynamics influence patent protection policies?	19
Economic policy uncertainty and green innovation: Evidence from China	19
Endogenous sector–biased technological change and industrial policy	19
Does environmental regulation affect the labor income share of manufacturing enterprises? Evidence from China	19
Subways and Sustainability in China: District-Level Evidence of Carbon Emission Reductions	19
Strategic or substantive green innovation: How do non-green firms respond to green credit policy?	19
ESG rating confusion and bond spreads	19
Unveiling the trade and welfare effects of regional services trade agreements: A structural gravity approach	19
Modeling country-sectoral spillovers in generalized propensity score matching: An empirical test on trade data	18
Systemic default probability and return predictability: Evidence from China	18
Temporary migration, indeterminacy and growth	18
Editorial Board	18
Does early-life famine experience affect household carbon emissions? Evidence from China	18
Editorial Board	18
Foreign ownership without knowledge transfers: Evidence of processing exporter underperformance from firm-level data	18
Does national geopolitical risk shape corporate dividend policy? Empirical insights from emerging economies	18
Can land misallocation be a greater barrier to development than capital? Evidence from manufacturing firms in Sri Lanka	18
Hedge fund fee structure and risk exposure	18
Multidimensional poverty and growth: Evidence from India 1998–2021	18
Life expectancy, fertility, and retirement in an endogenous-growth model with human capital accumulation	17
Impact of technological development on the employment of older adults: Evidence from high-tech industry expansion in China	17
Beyond financial deepening: Rethinking the finance-growth relationship in an uneven world	17
From borders to boardrooms: Immigrants' impact on productivity	17
International spillovers of US monetary policy on inequality	17
Improving macroeconomic model credibility: Reducing reliance on frictions through observed inflation expectations	17
Understanding the public-private sector wage gap in Germany: New evidence from a Fixed Effects quantile Approach∗	17
Disclosure policies in all-pay auctions with affiliated values	17
Share repurchases under economic policy uncertainty: Evidence from China	17
Capital requirements and risk-taking in community banks: The role of market power	17
Bride price, marriage expectations, and intentions among young male migrants in China: Evidence from manufacturing gig workers	17
Discrepancy and cross-regional bias in sovereign credit ratings: Analyzing the role of public debt	17
Editorial of the special issue on contemporary issues in tourism economics	17
Intelligent manufacturing and green innovation along the supply chain	16
Population aging and innovation slowdown: Dual mechanisms of firm cost structure and consumption preference	16
Optimal carbon tax rates in a dynamic stochastic general equilibrium model with a supply chain	16
Welfare effects of health insurance reform: The role of elastic medical demand	16
Types of employment and well-being of rural residents: A multinomial endogenous switching regression application	16
Exchange rate predictability, risk premiums, and predictive system	16
Government spending multipliers and financial fragility in Italy	16
Good and bad self-excitation: Asymmetric self-exciting jumps in Bitcoin returns	16
Subnational impacts of Chinese education sector development aid on youth educational attainment in Africa	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
Market-oriented reforms and wealth inequality in China	16
Does investment in consumer finance companies impact credit allocation of banks? Evidence from China	16
Spatial interactions and micro-enterprises’ uptake of COVID-19 financial aid: Evidence from a spatial hurdle probit model	16
Fertility policy and household labor supply: Evidence from China's Universal Two-Child Policy	16
Quantifying systemic risk via high-dimensional CoVaR measures	15
Productivity spillover effects of participation in global value chains and FDI inflows	15
Spatial economic dynamics in transport project appraisal	15
Sovereign yield curves and the COVID-19 in emerging markets	15
The collateral damage of U.S. sanctions: Evidence from Chinese peer firms during the trade war	15
Information diversity, collusion of informed traders and asset prices	15
Optimal contract design and securities implementation with dynamic investment and learning	15
Winning hearts and minds in conflict-ridden areas: Development as a signal of benevolence	15
A Bayesian synthetic control method via horseshoe priors	15
High-speed railway and the intercity transmission of epidemics: Evidence from COVID-19 in China	15
Investor sentiment spillover from air pollution: Cross-industry influences on stock markets	15
The impact of green bond issuances on green mergers and acquisitions of peer firms	15