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From 2008–2011 Great Recession to COVID-19 pandemic: an analysis of resilience metrics in European regions
We aim to clarify the usefulness of different measures of economic resilience in the context of global shocks. In relation to the Great Recession,...
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Optimal insurance for repetitive natural disasters under moral hazard
This study provides novel insights into the design of insurance contracts for repetitive losses from natural disasters, such as typhoons, hurricanes,...
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Foreign Direct Investment, Institutions, and Domestic Investment in Develo** Countries: Is there a Crowding-Out Effect?
Despite using a common database for a sample of 46 develo** countries to evaluate the impact of foreign direct investment (FDI) inflows on domestic...
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Firm-level political risk and the firm’s trade credit extension
This paper investigates the influence of firm-level political risk on the firm’s supply of trade credit. Using a novel measure of firm-level...
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What Explains Global Inflation
This paper examines the drivers of fluctuations in global inflation , defined as a common factor across monthly headline consumer price index (CPI)...
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Food Insecurity Among Older Adults in India: A Study of Disparities Across the Inter-sectional Axes of Caste, Poverty, and Gender
In the last decade, lack of consumption data has made it difficult to study the question of “socio-economic and gender equity in food security” . A...
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Stock Markets Cycles and Macroeconomic Dynamics
There is a consensus that stock markets are procyclical. However, answers to some important questions remain unclear. Do stock markets lead or lag...
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Macroprudential Policies and Global Banking
This paper examines the ability of macroprudential policies to dampen the pro-cyclicality of credit market cycles and to enhance the macroeconomic...
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Residential Segregation at Physical Neighborhood Boundaries
Train tracks delineate neighborhoods and serve as landmarks in the urban landscape. This paper sheds light on historic railroad placement as a...
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State’s Role in Income Inequality: Social Preferences and Life Satisfaction
This study analyzes the determinants of life satisfaction in two social identity profiles according to whether the individual favors or is against...
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Effects of international tourism on environmental quality and renewable energy use in Africa: a study of the moderating role of governance institutions
This study investigated how international tourism is impacting on environmental quality and renewable energy use in Africa, and how governance...
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Fairness with unequal productive skills among other-regarding individuals
This paper deals with the fair ranking of allocations when individuals endowed with heterogeneous skills have other-regarding preferences over the...
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Implementation of deep learning models in predicting ESG index volatility
The consideration of environmental, social, and governance (ESG) aspects has become an integral part of investment decisions for individual and...
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Functional distribution, personal income inequality, and top shares of income: do social classes still matter?
This paper aims at providing new evidence about the link between personal and functional distribution and top-shares composition. We apply a novel...
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Business-Cycle Analysis and Zero-Crossings of Time Series: A Generalized Forecast Approach
We propose an extension of classic time series approaches to business-cycle measurement called Simple Sign Accuracy (SSA), which addresses...
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Climate change and wage inequality
We develop general equilibrium models that incorporate an agricultural equipment sector to explore the impact of climate change on skilled-unskilled...
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Free Pre-K and Non-Marital Childbearing: Examining the Link in Vermont
This paper examines the potential unintended consequence of universal pre-kindergarten (pre-k) programs on non-marital childbearing. We analyze the...
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A statistical evaluation of the effectiveness of multidimensional relative poverty alleviation efforts in China
China has successfully eliminated absolute poverty and thus its poverty reduction efforts are now entering a new phase aimed at alleviating relative...
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When government’s economic ideology shapes income redistribution. Empirical evidence from the OECD
This paper studies the relationship between Government´s economic ideology and income redistribution, using a panel of OECD countries spanning the...
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The effect of democracy and corruption paradox on economic growth: MINT countries
This study examines the impact of democracy and corruption on the economic growth of Mexico, Indonesia, Nigeria, and Turkey over the 1975–2022...