Category: Economics, Econometrics and Finance
The article argues current money systems hinder sustainability
Explore Gesell’s natural economic order as a solution to monetary system design flaws causing inequality, unemployment, and financial crises while enabling sustainable human-scale development.
Automation lowers rents and widens inequality less within groups
Automation targets high-wage jobs, dissipates worker rents, and offsets productivity gains. Analysis of U.S. data shows automation explains half of wage inequality growth since 1980.
China’s electricity and carbon prices show partial coupling
Study quantifies China’s carbon-to-electricity price transmission at 76.5%, identifies barriers to market coupling, and proposes institutional reforms for achieving clean energy targets.
U.S. rate cuts appreciated the dollar during the Great Recession
Forward guidance monetary policy easings appreciated the dollar during the Great Recession through flight-to-safety effects and inflation expectations, contradicting interest rate parity.
Inflation can increase job switching and vacancies
Model explaining how nominal wage stickiness causes workers to switch jobs during inflation, creating paradox of high vacancies with lower real wages.
Wartime disrupted Indonesian staple food prices and urban nutrition
Analysis of 8,600+ staple food prices across Indonesia (1945-49) shows severe wartime inflation and subsistence-level nutrition for urban laborers, reshaping understanding of conflict dynamics.
Hungary showed mixed decoupling of growth and emissions
Analysis of greenhouse gas decoupling in Hungary reveals strong progress in manufacturing and utilities sectors but persistent challenges in agriculture and specialized services.
Unweighted HJM setting supports yield-curve modeling with negative yields
New approach to Heath–Jarrow–Morton framework using unweighted function spaces and functional PCA, enabling better yield curve modeling with support for negative interest rates.
AI is described as expanding finance’s production frontier
Explore how AI expands financial production possibilities through data activation, efficiency gains, service restructuring, and risk optimization while navigating algorithmic bias and regulatory.
E-commerce is linked to lower urban electricity intensity
E-commerce reduces electricity intensity in Chinese cities through population and economic agglomeration plus innovation. Government coordination and market efficiency strengthen effects.
