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Effects of fiscal consolidation on income inequality: narrative evidence from South America
Based on a narrative dataset constructed by David and Leigh (A new action-based dataset of fiscal consolidation in latin America and the caribbean,...
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Short term forecasting of base metals prices using a LightGBM and a LightGBM - ARIMA ensemble
Base metals are key materials for various industrial sectors such as electronics, construction, manufacturing, etc. Their selling price is important...
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Measuring the relative development and integration of EU countries’ capital markets using composite indicators and cluster analysis
The paper proposes a set of metrics and a methodology to measure the progress that European Union Member States are making towards the development...
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Democratic Climate Policies with Overlap** Generations
An extensive climate policy literature provides various recommendations for mitigating climate change, but these recommendations are not supported...
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Imperfect collusion in monitored markets with free entry
Surveys of antitrust cases reveal that colluding firms usually (1) attempt to minimise the risk of prosecution, (2) achieve merely imperfect levels...
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Data Analytics Applications in Reducing the Emission Footprint of an Energy System
With the data in the world approximating 64.2 zettabytes in 2020 and projecting to hit 180 zettabytes by 2025 (Zhang et al. 2018), data analytic has... -
Understanding mobility dynamics using urban functions during the COVID-19 pandemic: comparison of pre-and post-new normal eras
Several changes in urban mobility patterns have been observed in response to COVID-19 since March 2020 when the World Health Organization (WHO)...
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US Natural Gas Consumption Analysis via a Smart Time Series Approach Based on Multilayer Perceptron ANN Tuned by Metaheuristic Algorithms
Today, balancing energy supply and demand due to limited resources has become one of the most important concerns of governments. Therefore,... -
Seniors’ Knowledge-Based Digital Marginalization in the Era of Information Technology Advancements
In an era marked by rapid digitalization and the ubiquity of information technology, society is witnessing a transformative shift toward more...
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Distributional effects of technological regime changes: hysteresis, concentration and inequality dynamics
In this paper, we study the effect of different types of technological regime changes on the evolution of industry concentration and wage inequality....
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Forecasting inflation in the euro area: countries matter!
We construct a Bayesian vector autoregressive model with three layers of information: the key drivers of inflation, cross-country dynamic...
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Towards a Validation Methodology for Macroeconomic Agent-Based Models
Agent-based models provide a promising new tool in macroeconomic research. Questions have been raised, however, regarding the validity of such...
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Long versus short time scales: the rough dilemma and beyond
Using a large dataset on major FX rates, we test the robustness of the rough fractional volatility model over different time scales, by including...
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The Macroeconomic Impact of Global and Country-Specific Climate Risk
This paper examines the impact of climate risk on macroeconomic activity for thirty countries using over a century of panel time series data. The key...
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Labor market consequences of antitax avoidance policies
In this paper, I analyze the local labor market consequences of multinational firms reallocating employees across their affiliates in response to...
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A Novel Multi-dimensional Evaluation Framework and Spatiotemporal Analysis of Ship** Cities Based on Entropy-Weighted TOPSIS Method
Step** into the new stage of trade openness, ship** city initiatives have attracted increasing attention. An integrated five-dimension system is...
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On the economic costs of political instabilities: a tale of sub-Saharan Africa
The relationship between political instability (PI) and economic development has been extensively debated in the social sciences, yielding...
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When you need them, they are not there: hedge capacities of cryptocurrencies disappear in downtrend markets
We provide empirical evidence supporting the economic reasoning behind the impossibility of diversification benefits and the hedge attributes of...
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Policy Evolution and Effect Evaluation of Zhejiang Manufacturing Industry Based on Text Data
Whether the industrial policy can promote the high-quality development of manufacturing industry, a large number of scholars have conducted empirical...
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Spatiotemporal localisation patterns of technological startups: the case for recurrent neural networks in predicting urban startup clusters
More attention should be dedicated to intra-urban localisation decisions of technological startups. While the general trend of innovative companies...