综合经济学
As high-speed rail (HSR) investment accelerates across China, the question of whether such large-scale infrastructure can promote balanced regional development or exacerbate spatial inequality has become central for policymakers and…
There is a projected increase in offshore wind energy generation in the United States over the next three decades, driven by legislative commitments and government funding. Like other renewable technologies, the construction of offshore…
Our research investigates the relationship between eco-innovation and earnings management among 567 firms listed on the FTSE All-Share Index from 2014 to 2022. By examining how sustainability-driven innovation influences financial reporting…
Understanding how market participants react to shocks like scheduled macroeconomic news is crucial for both traders and policymakers. We develop a calibrated data generation process DGP that embeds four stylized trader archetypes retail,…
Using harmonized administrative data from Scandinavia, we find that intergenerational rank associations in income have increased uniformly across Sweden, Denmark, and Norway for cohorts born between 1951 and 1979. By gender, father-son…
We present a category theoretical formulation of the Monetary Macroeconomic Accounting Theory (MoMaT) of Men\'endez and Winschel [2025]. We take macroeconomic (national) accounting systems to be composed from microeconomic double-entry…
Traditional macroeconomic models, based on static algebraic systems, fail to capture the dynamics of a bimonetary economy like Argentina's. This paper proposes a framework based on category theory to develop a more flexible and structured…
We study experimentally contests in which players make investment decisions sequentially, and information on prior investments is revealed between stages. Using a between-subject design, we consider all possible sequences in contests of…
We investigate the phenomenon of (private, out-of-pocket) "health expenditure rationing", or whether out-of-pocket health expenditures are shaped by income independently of actual health needs. Using microdata from an Italian Health…
Agricultural residues represent a vast, underutilized resource for renewable energy. This study combines empirical analysis from 179 countries with a case study of a pelletization facility to evaluate the global potential of agricultural…
The increasing global demand for sustainable agricultural practices and effective waste management has highlighted the potential of biochar as a multifaceted solution. This study evaluates the economic viability of sugarcane bagasse-based…
Multi-unit organizations are a form of organizations where the geographically dispersed units provide similar products or services in different markets. Deciding on an appropriate level of centralization in such organizations presents a…
We analyze the potential economic impacts in Argentina of the European Union Deforestation Regulation (EUDR), which as of January 2026 will prohibit the export to the European Union of certain raw materials and related products if they…
Ho et. al (2024) attempts to estimate the degree of algorithmic progress from language models. They collect observational data on language models' loss and compute over time, and argue that as time has passed, language models' algorithmic…
The possibility of a rapid, "software-only" intelligence explosion brought on by AI's recursive self-improvement (RSI) is a subject of intense debate within the AI community. This paper presents an economic model and an empirical estimation…
Since 2018, France's centralized higher education platform, Parcoursup, has implemented quotas for scholarship recipients, with program-specific thresholds based on the applicants' composition. Using difference-in-differences methods, I…
American income inequality, generally estimated with tax data, in the 20th century is widely recognized to have followed a U-curve, though debates persist over the extent of this curve, specifically regarding how high the peaks are and how…
This article concerns the optimal choice of flat taxes on labor and capital income, and on consumption, in a tractable economic model in which agents are subject to idiosyncratic investment risk. We identify the tax rates which maximize…
In models of intra-household resource allocation, the earnings from joint work between two or more household members are often omitted. I test assumptions about complete pooling of resources within a household, by accounting for income…
When environmental regulations are unpopular, policymakers often attribute resistance to information frictions and poor communication. We test this idea in the context of a major climate policy: Germany's Heating Law of 2023, which mandates…