Empirical Economics

Article	Citations
A homogeneous approach to testing for Granger non-causality in heterogeneous panels	181
Quantile regression with nonadditive fixed effects	132
Feasible generalized least squares for panel data with cross-sectional and serial correlations	117
The volatility of Bitcoin and its role as a medium of exchange and a store of value	102
The spatial spillover effect of urban sprawl and fiscal decentralization on air pollution: evidence from 269 cities in China	81
Ecological footprint, electricity consumption, and economic growth in China: geopolitical risk and natural resources governance	55
Cross-country differences in the size of venture capital financing rounds: a machine learning approach	48
Does institutional quality foster economic complexity? The fundamental drivers of productive capabilities	45
Contemporaneous causality among one hundred Chinese cities	45
The impact of economic uncertainty caused by COVID-19 on renewable energy stocks	43
Stock market returns and oil price shocks: A CoVaR analysis based on dynamic vine copula models	32
Green innovations and patenting renewable energy technologies	28
Natural resources and income inequality in developed countries: synthetic control method evidence	25
Sector connectedness in the Chinese stock markets	24
Modelling systemic risk using neural network quantile regression	20
Real estate listings and their usefulness for hedonic regressions	19
COVID-19 and the volatility interlinkage between bitcoin and financial assets	19
How do energy price hikes affect exchange rates during the war in Ukraine?	19
Effects of tax administration corruption on innovation inputs and outputs: evidence from small and medium sized enterprises in Vietnam	18
The effect of health on economic growth: a meta-regression analysis	18
Financial inclusion, financial technology, and economic development: a composite index approach	17
Growth, inequality and poverty: a robust relationship?	15
Patent value indicators and technological innovation	14
Modal regression for fixed effects panel data	14
Estimating the effects of ESG scores on corporate credit ratings using multivariate ordinal logit regression	14

Uncertainty in an emerging market economy: evidence from Thailand	14
Institutions and FDI from BRICS countries: a meta-analytic review	14
Determining the efficiency of residential electricity consumption	14
The agency problem revisited: a structural analysis of managerial productivity and CEO compensation in large US commercial banks	13
Economic applications of quantile regression 2.0	13
Cross-country connectedness in inflation and unemployment: measurement and macroeconomic consequences	13
The effects of parental involvement in homework: two randomised controlled trials in financial education	13
How does AirBnb affect local Spanish tourism markets?	12
Inflation expectations and consumer spending: the role of household balance sheets	12
The role of price spillovers: what is different in China	11
Debt and financial market contagion	11
Aggregate efficiency of industry and its groups: the case of Queensland public hospitals	11
Estimating poverty and vulnerability to monetary and non-monetary poverty: the case of Vietnam	11
Industry electricity price and output elasticities for high-income and middle-income countries	11
Retirement routes and the well-being of retirees	10
The African tragedy: the effect of democracy on economic growth	10
Gender differences in wage expectations: the role of biased beliefs	10
Semi-parametric models of spatial market integration	10
Testing for overall and cluster convergence of housing rents using robust methodology: evidence from Polish provincial capitals	10
Complex network analysis of volatility spillovers between global financial indicators and G20 stock markets	9
Strategic asset allocation and the demand for real estate: international evidence	9
Bargaining power and information asymmetry in China’s water market: an empirical two-tier stochastic frontier analysis	9
Impact of asset size on performance and outreach using panel quantile regression with non-additive fixed effects	9
Do methane emissions converge? Evidence from global panel data on production- and consumption-based emissions	9
United States Oil Fund volatility prediction: the roles of leverage effect and jumps	9
A note on the Bitcoin and Fed Funds rate	9
Air pollution and internal migration: evidence from an Iranian household survey	9
The forecasting of consumer exchange-traded funds (ETFs) via grey relational analysis (GRA) and artificial neural network (ANN)	9
Does corporate governance affect financial analysts’ stock recommendations, target prices accuracy and earnings forecast characteristics? An empirical investigation of US companies	8
Hedging against inflation: housing versus equity	8
The impact of TV series on tourism performance: the case of Game of Thrones	8
FDI and educational outcomes in developing countries	8
Wrong skewness and finite sample correction in the normal-half normal stochastic frontier model	8
Does economic inequality breed murder? An empirical investigation of the relationship between economic inequality and homicide rates in Canadian provinces and CMAs	8
Benchmarking the performance of US Municipalities	8
Contagion or interdependence? Comparing spillover indices	7
Model-based indicators for the identification of cyclical systemic risk	7
Revisiting the asymmetric impacts of the exchange market pressure on the inflation, interest rate and foreign trade balance in Eastern Europe	7
Do you feel the heat around the corner? The effect of weather on crime	7
Nonlinear nexus between corruption and tourism arrivals: a global analysis	7
The impact of CEO compensation and excess reserves on bank risk-taking: the moderating role of monetary policy	7
Extensions of the Pesaran, Shin and Smith (2001) bounds testing procedure	7
Measuring systemic risk and contagion in the European financial network	7
Dynamic network and own effects on abnormal returns: evidence from China’s stock market	7
Price bubbles of agricultural commodities: evidence from China’s futures market	7
Measuring Knightian uncertainty	7
The causal impact of mental health on tobacco and alcohol consumption: an instrumental variables approach	7
Economic volatility and financial deepening in Sub-Saharan Africa: evidence from panel cointegration with cross-sectional heterogeneity and endogenous structural breaks	6
Changing selection into full-time work and its effect on wage inequality in Germany	6
Okun’s law revisited in the time–frequency domain: introducing unemployment into a wavelet-based control model	6

When are trend–cycle decompositions of GDP reliable?	6
The effect of Eurosystem asset purchase programmes on euro area sovereign bond yields during the COVID-19 pandemic	6
Systemic risk: a network approach	6
Persistent and transient inefficiency in adult education	6
Live large or die young: subsidized loans and firm survival in Brazil	6
The effect of migration on unionization in Austria	6
Labour market uncertainty after the irruption of COVID-19	6
The long shadow of child labour on adolescent mental health: a quantile approach	6
A decade of violence and empty stadiums in Egypt: when does emotion from the terraces affect behaviour on the pitch?	6
Trade liberalization, credit constraints, and export quality upgrading	6
Do the determinants of foreign direct investment have a reverse and symmetric impact on foreign direct divestment?	6
Fiscal reaction functions for the advanced economies revisited	6
The border effect on mergers and acquisitions	6
Governments’ economic support for households during the COVID-19 pandemic and consumer confidence	6
Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure	6
Estimating the effects of Syrian civil war	6
Indirect and direct effects of the subprime crisis on the real sector: labor market migration	6
Drinking is different! Examining the role of locus of control for alcohol consumption	6
Exploring the technology–healthcare expenditure nexus: a panel error correction approach	6
Direct and network effects of idiosyncratic TFP shocks	5
Preference estimation in centralized college admissions from reported lists	5
The impact of commodity price volatility on fiscal balance and the role of real interest rate	5
External shocks, cross-border flows and macroeconomic risks in emerging market economies	5
Working capital management, financial constraints and exports: evidence from European and US manufacturers	5
Is social capital associated with individual social responsibility? The case of social distancing during the Covid-19 pandemic	5
The noise error component in stochastic frontier analysis	5
Effects of R&D spending on productivity of the Russian firms: does technological intensity matter?	5
Do migrant remittances affect household spending? Focus on wedding expenditures	5
The effect of Islamic revolution and war on income inequality in Iran	5
Economic disasters and aggregate investment	5
Do minimum wages improve self-rated health? Evidence from a natural experiment	5
Immigration and tax morale: the role of perceptions and prejudices	5
How does monetary policy affect income inequality in Japan? Evidence from grouped data	5
Measuring China's core inflation for forecasting purposes: taking persistence as weight	5
Were they a shock or an opportunity?: The heterogeneous impacts of the 9/11 attacks on refugees as job seekers—a nonlinear multi-level approach	5
Distributional differences in the time horizon of executive compensation	5
The effect of peer employment and neighborhood characteristics on individual employment	5
Effectiveness of monetary policy under the high and low economic uncertainty states: evidence from the major Asian economies	5
On directors’ compensation: a multilevel analysis of Spanish listed companies	5
A simple, robust test for choosing the level of fixed effects in linear panel data models	5
Predicting household resilience with machine learning: preliminary cross-country tests	4
Multidimensional poverty vulnerability in rural China	4
Does national income mediate the relationship between trade and government size?	4
Mobile payment adoption and the decline in China’s household savings rate	4
True or spurious long memory in the cryptocurrency markets: evidence from a multivariate test and other Whittle estimation methods	4
Livestock production and income inequality in rural Vietnam	4
The short-term impact of the 2020 pandemic lockdown on employment in Greece	4
Is there a patience premium on migration?	4
Score-driven stochastic seasonality of the Russian rouble: an application case study for the period of 1999 to 2020	4
Within-country poverty convergence: evidence from Mexico	4
Spatial stochastic frontier model with endogenous weighting matrix	4
Residual-based cointegration and non-cointegration tests for cointegrating polynomial regressions	4
Lack of fiscal transparency and economic growth expectations: an empirical assessment from a large emerging economy	4
Aggregation, asymmetry, and common factors for Bangladesh’s exchange rate–trade balance relation	4
A replication note on humanitarian aid and violence	4
Economic determinants of regional trade agreements revisited using machine learning	4
Modelling and forecasting risk dependence and portfolio VaR for cryptocurrencies	4
Electoral systems and income inequality: a tale of political equality	4
‘Investing’ in care for old age? An examination of long-term care expenditure dynamics and its spillovers	4
Does certainty on the winner diminish the interest in sport competitions? The case of formula one	4
Macroeconomic effects of the ECB’S forward guidance	4
Preventing NEETs during the Great Recession: the effects of mandatory activation programs for young welfare recipients	4
Are the responses of output and investment to oil price shocks asymmetric?: The case of an oil-importing small open economy	4
Price relationship among domestic and imported beef products in South Korea	4
Local fiscal multipliers of different government spending categories	4
Baldwin versus Cecchini revisited: the growth impact of the European Single Market	4
Using structural break inference for forecasting time series	4
Dynamic modelling of consumption patterns using LA-AIDS: a comparative study of developed versus developing countries	4
The Belt and Road Initiatives and the growth of total factor productivity: based on the perspective of the regional import of intermediate goods	4
Forecasting unemployment with Google Trends: age, gender and digital divide	4
The efficiency of COVID cases to COVID policies: a robust conditional approach	4
Institutions and economic development: new measurements and evidence	4
The impact of fiscal rules on government debt: evidence from the CFA zone	4
The effect of neighbourhood and spatial crime rates on mental wellbeing	4
“Bottom-up” abatement on climate from the “top-down” design: lessons learned from China’s low-carbon city pilot policy	4
Sunk costs in the NBA: the salary cap and free agents	4
The connectedness between Hong Kong and China real estate markets: spillover effect and information transmission	4
Nonlinearity in the causality and systemic risk spillover between the OPEC oil and GCC equity markets: a pre- and post-financial crisis analysis	4
A bias-corrected fixed effects estimator in the dynamic panel data model	4
Financial stability and local economic development: the experience of Italian labour market areas	4

Measuring uncertainty: A streamlined application for the Ecuadorian economy	3
The great moderation: updated evidence with joint tests for multiple structural changes in variance and persistence	3
Heterogeneous Effects of Job Displacement on Earnings	3
Corruption and partisan polarization: evidence from the European Union	3
COVID-19, lockdowns and international trade: evidence from firm-level data	3
The effect of infrastructure investment on tourism demand: a synthetic control approach for the case of Kuelap, Peru	3
The labor market impacts of graduating from university during a recession: evidence and mechanisms	3
Progressivity and redistributive effects of income taxes: evidence from India	3
Information loss in volatility measurement with flat price trading	3
Revisions in the Norwegian National Accounts: accuracy, unbiasedness and efficiency in preliminary figures	3
Global risks, the macroeconomy, and asset prices	3
Does the shadow economy matter for tourism consumption? New global evidence	3
Risk preference and entrepreneurial investment at the top of the wealth distribution	3
The dynamics of US foreign aid decisions	3
Student work during secondary education, educational achievement, and later employment: a dynamic approach	3
Nonlinear responses of consumption to wealth, income, and interest rate shocks	3
Oral interventions in the foreign exchange market: evidence from Australia	3
Spatial effects of nutrient pollution on drinking water production	3
Sooner or later? The impact of child education on household consumption	3
ICT, technological diffusion and economic growth in Chinese cities	3
Bunching below thresholds to manipulate public procurement	3
Changing vulnerability in Asia: contagion and spillovers	3
Testing for the rationality of central bank interest rate forecasts	3
Machine learning approaches to testing institutional hypotheses: the case of Acemoglu, Johnson, and Robinson (2001)	3
Big data forecasting of South African inflation	3
Combination of economic policies: how the perfect storm wrecked the Brazilian economic growth	3
Green or grey stocks? Dynamic effects of carbon markets based on Chinese practices	3
Bribery, regulation and firm performance: evidence from a threshold model	3
Macroeconomic effects of inflation targeting in emerging market economies	3
The COVID-19 pandemic and Asian American employment	3
Understanding trends and drivers of urban poverty in American cities	3
Spatial panel simultaneous equations models with error components	3
Composite forecasting of vast-dimensional realized covariance matrices using factor state-space models	3
Is it good to be bad or bad to be good? Assessing the aggregate impact of abnormal weather on consumer spending	3
Public subsidies and innovation: a doubly robust machine learning approach leveraging deep neural networks	3
German forecasters’ narratives: How informative are German business cycle forecast reports?	3
Explaining German outward FDI in the EU: a reassessment using Bayesian model averaging and GLM estimators	3
US partisan conflict shocks and international stock market returns	3
Climate change and urban total factor productivity: evidence from capital cities and municipalities in China	3