Category: Economics, Econometrics and Finance
Geopolitical risk affects stock markets differently by regime
Study reveals geopolitical risk impacts stock returns asymmetrically: negatively in bullish markets, positively in downturns. Emerging markets may hedge geopolitical shocks.
Anticipated regret and discounting shape households’ LCT adoption intentions
Survey of 1,355 UK households explores how anticipated regret and temporal discounting influence low-carbon technology adoption intentions and emission reduction potential.
Environmental taxes show no robust link to sectoral eco-investments
Analysis of seven EU countries reveals environmental taxes do not significantly drive sectoral eco-investments when controlling for economic scale, suggesting need for complementary policy mechanisms.
Colonial ties and African cultural proximity shape outward investment
Colonial legacy and cultural proximity drive outward investment from Arab Maghreb Union countries, with distinct effects across greenfield investments and cross-border acquisitions, 2004–2022.
U.S. monetary policy effects on inflation appear to have strengthened
Machine learning analysis reveals strengthened monetary policy transmission but flattened Phillips curve dynamics, with regime-dependent behavior during post-pandemic inflation.
Economic conditions and presidential approval move together in patterned ways
Machine learning analysis identifies which macroeconomic conditions drive presidential approval ratings. Public sector activity, recession timing, and housing markets show distinct temporal dynamics.
Industry payments were linked to more brand-name MS prescribing
Pharmaceutical payments to clinicians correlated with reduced generic prescribing for MS medications, increasing costs for patients and the healthcare system overall.
Negative interest rates linked to lower loan loss provisioning
Study of 1958 OECD banks shows that negative interest rate policies reduce loan loss provisioning, with effects varying by inflation, bank size, and specialization.
Fiscal contraction is linked to lower NPLs in the long run
Study shows fiscal consolidation reduces non-performing loans long-term but increases them temporarily, using bank data from Guyana. Oil prices and efficiency matter most.
Infinite-mean durations found in five cryptocurrency ETFs
Asymptotic theory for integrated autoregressive conditional duration models reveals infinite-mean trading intervals in cryptocurrency ETFs, requiring new inference methods.
