综合经济学

Thanks to the increasing availability of granular, yet high-dimensional, firm level data, machine learning (ML) algorithms have been successfully applied to address multiple research questions related to firm dynamics. Especially supervised…

This paper develops a sufficient-statistic formula for the unemployment gap -- the difference between the actual unemployment rate and the efficient unemployment rate. While lowering unemployment puts more people into work, it forces firms…

We address the question how sensitive international knowledge flows respond to geo-political conflicts taking the politico-economic tensions between EU-Russia since the Ukraine crisis 2014 as case study. We base our econometric analysis on…

For centuries, national economies created wealth by engaging in international trade and production. The resulting international supply networks not only increase wealth for countries, but also create systemic risk: economic shocks,…

Depressive disorders, in addition to causing direct negative impacts on health, are also responsible for imposing substantial costs on society. In relation to the treatment of depression, antidepressants have proven effective, and, to the…

The idea that research investments respond to market rewards is well established in the literature on markets for innovation (Schmookler, 1966; Acemoglu and Linn, 2004; Bryan and Williams, 2021). Empirical evidence tells us that a change in…

Examining the trend of the global economy shows that global trade is moving towards high-tech products. Given that these products generate very high added value, countries that can produce and export these products will have high growth in…

Since the onset of the the COVID-19 pandemic, many countries across the world have implemented various non-pharmaceutical interventions (NPIs) to contain the spread of virus, as well as economic support policies (ESPs) to save their…

This paper examines the effect of two different soda taxes on consumption behaviour and health of school-aged children in Europe: Hungary imposed a Public Health Product Tax (PHPT) on several unhealthy products in 2011. France introduced…

The paper discusses the process of social and economic development of municipalities. A conclusion is made that developing an adequate model of social and economic development using conventional approaches presents a considerable challenge.…

Inertia and context-dependent choice effects are well-studied classes of behavioural phenomena. While much is known about these effects in isolation, little is known about whether one of them "dominates" the other when both can potentially…

This paper explores different methods to estimate prices paid per efficiency unit of labor in panel data. We study the sensitivity of skill price estimates to different assumptions regarding workers' choice problem, identification…

Universal Basic Income (UBI) has recently been gaining traction. Arguments exist on both sides in favor of and against it. Like any other financial tool, UBI can be useful if used with discretion. This paper seeks to clarify how UBI affects…

Technology codes are assigned to each patent for classification purposes and to identify the components of its novelty. Not all the technology codes are used with the same frequency - if we study the use frequency of codes in a year, we can…

We study Bayesian coordination games where agents receive noisy private information over the game's payoffs, and over each others' actions. If private information over actions is of low quality, equilibrium uniqueness obtains in a manner…

Purpose: The purpose of this paper is to contribute to the debate as to whether collaboration in coworking spaces contributes to firm innovativeness and impacts the business models of organizations in a positive manner. Methodology: This…

I develop a rather simple agent-based model to capture a co-evolution of opinion formation, political decision making and economic outcomes. I use this model to study how societies form opinions if their members have opposing interests.…

We consider demand-side economy. Using Caratheodory's approach, we define empirical existence of equation of state (EoS) and coordinates. We found new insights of thermodynamics EoS, the {\it effect structure}. Rules are proposed as…

We study how the quality dimension affects the social optimum in a model of spatial differentiation where two facilities provide a public service. If quality enters linearly in the individuals' utility function, a symmetric configuration,…

With the costs of renewable energy technologies declining, new forms of urban energy systems are emerging that can be established in a cost-effective way. The SolarEV City concept has been proposed that uses rooftop Photovoltaics (PV) to…