综合经济学
Peer reviewed publications are considered the gold standard in certifying and disseminating ideas that a research community considers valuable. However, we identify two major drawbacks of the current system: (1) the overwhelming demand for…
We pose the estimation and predictability of stock market performance. Three cases are taken: US, Japan, Germany, the monthly index of the value of realized investment in stocks, prices plus the value of dividend payments (OECD data). Once…
Climate change mitigation is a global challenge that, however, needs to be resolved by national-level authorities, resembling a tragedy of the commons. This paradox is reflected at European scale, as climate commitments are made by the EU…
Children's well-being of immigrants is facing several challenges related to physical, mental, and educational risks, which may obstacle human capital accumulation and further development. In rural China, due to the restriction of Hukou…
In a response to the 2022 cost-of-living crisis in Europe, the German government implemented a three-month fuel excise tax cut and a public transport travel pass for 9 Euro per month valid on all local and regional services. Following this…
Using administrative data on all induced abortions recorded in Spain in 2019, we analyze the characteristics of women undergoing repeat abortions and the spacing between these procedures. Our findings indicate that compared to women…
I introduce a survey of economic expectations formed by querying a large language model (LLM)'s expectations of various financial and macroeconomic variables based on a sample of news articles from the Wall Street Journal between 1984 and…
We study the link between political influence and industrial concentration. We present a joint model of political influence and market competition: an oligopoly lobbies the government over regulation, and competes in the product market…
Blockchain enables peer-to-peer transactions in cyberspace without a trusted third party. The rapid growth of Ethereum and smart contract blockchains generally calls for well-designed Transaction Fee Mechanisms (TFMs) to allocate limited…
Take up of microcredit by the poor for investment in businesses or human capital turned out to be very low. We show that this could be explained by risk aversion, without relying on fixed costs or other forms of non-convexity in the…
Understanding the relationship between emerging technology and research and development has long been of interest to companies, policy makers and researchers. In this paper new sources of data and tools are combined with a novel technique…
We evaluate and extend the solution methods for models with binary and multiple continuous choice variables in dynamic programming, particularly in cases where a discrete state space solution method is not viable. Therefore, we approximate…
The purpose of this research is to examine the relationship between the Dhaka Stock exchange index return and macroeconomic variables such as exchange rate, inflation, money supply etc. The long-term relationship between macroeconomic…
Since Reform and Opening-up 40 years ago, China has made remarkable achievements in economic fields. And consumption activities, including household consumption, have played an important role in it. Consumer activity is the end of economic…
For more than a decade, Bitcoin has gained as much adoption as it has received criticism. Fundamentally, Bitcoin is under fire for the high carbon footprint that results from the energy-intensive proof-of-work (PoW) consensus algorithm.…
We propose a novel framework to analyse the velocity of money in terms of the contribution (MicroVelocity) of each individual agent, and to uncover the distributional determinants of aggregate velocity. Leveraging on complete publicly…
Exempting soybean and rapeseed exporters from VAT has a negative effect on the economy of $\$$44.5-60.5 million per year. The implemented policy aimed to increase the processing of soybeans and rapeseed by Ukrainian plants. As a result, the…
Based on the panel data of 283 prefecture-level cities in China from 2006 to 2019, this paper measures the extent and mechanism of the impact of RMB real effective exchange rate fluctuations on carbon emission intensity. The results show…
Building upon the theory and methodology of agricultural policy developed in the previous chapter, in Chapter 2 we analyse and assess agricultural policy making in Ukraine since the breakup of Soviet Union till today. Going from top down to…
Social networks can sustain cooperation by amplifying the consequences of a single defection through a cascade of relationship losses. Building on Jackson et al. (2012), we introduce a novel robustness notion to characterize low cognitive…