经济学最新文献_第10页

Exploring the choice landscape: Anchoring and framing effects on search behavior in complex choices

IF 2.8 3区经济学

Journal of Choice Modelling Pub Date : 2025-03-29 DOI: 10.1016/j.jocm.2025.100549

Nikolos Gurney , John H. Miller , David V. Pynadath

引用次数: 0

Exploring city dynamics through tweets: A framework for capturing urban activities as complex spatiotemporal patterns

IF 6 1区经济学

Cities Pub Date : 2025-03-29 DOI: 10.1016/j.cities.2025.105894

Mahmud Tantoush, Ulysses Sengupta, Liangxiu Han

{"title":"Exploring city dynamics through tweets: A framework for capturing urban activities as complex spatiotemporal patterns","authors":"Mahmud Tantoush, Ulysses Sengupta, Liangxiu Han","doi":"10.1016/j.cities.2025.105894","DOIUrl":"10.1016/j.cities.2025.105894","url":null,"abstract":"<div><div>This paper presents a novel framework for analysing urban activities as spatiotemporal patterns using Location-Based Social Media (LBSM) data. The methodology integrates the spatial, temporal, and semantic dimensions of geolocated tweets to investigate cities as Complex Adaptive Systems (CAS) and their relationship with urban form. By combining spatiotemporal clustering (ST-DBSCAN) and topic modelling (LDA), the framework uncovers dynamic activity patterns shaped by top-down mechanisms and bottom-up self-organizing behaviours. A custom tool and Graphical User Interface was developed to support data exploration and experimentation, enabling the contextual analysis of activity clusters. The framework was tested in Manchester City Centre as an exploratory case study, focusing on the impact of Covid-19 lockdown measures as a significant disturbance. The results reveal how urban characteristics, urban form, and social behaviours influence activity levels and patterns, demonstrating fluctuations that highlight different degrees of adaptability. By exploring cities as hybrid urban-digital spaces, this approach provides an alternative approach for understanding cities as CAS, linking space to place and for exploring adaptive behaviour. The paper concludes by reflecting on the framework, use of LBSM for researching cities, and outlining directions for future work of comparing cities and integrating alternative data.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"162 ","pages":"Article 105894"},"PeriodicalIF":6.0,"publicationDate":"2025-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143724330","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Relative trust in critical minerals governance for just transitions in Ghana and Australia

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-03-29 DOI: 10.1016/j.resourpol.2025.105568

Clement Sefa-Nyarko , Darren Sinclair , Joshua Matanzima , Jane Alver , Evan Hamman , Stephen Bartos , Roland Burke

{"title":"Relative trust in critical minerals governance for just transitions in Ghana and Australia","authors":"Clement Sefa-Nyarko , Darren Sinclair , Joshua Matanzima , Jane Alver , Evan Hamman , Stephen Bartos , Roland Burke","doi":"10.1016/j.resourpol.2025.105568","DOIUrl":"10.1016/j.resourpol.2025.105568","url":null,"abstract":"<div><div>This paper explores the role of trust in the sustainable mining of critical minerals for a just transition across two complementary and contrasting cases, Ghana and Australia: the former being an emerging critical mineral economy and having a need to enforce social and environmental practices that depart from its history of non-critical minerals mining; the latter using domestic and international institutions to build trust in minerals governance at home and overseas. Based on an interdisciplinary exploratory and reflective methodology relying on four different data streams, this paper offers empirical research on how trust can be built and sustained in-country and through a combination of policies and practices, both on the part of mining companies and governments. We conceptualise trust in terms of confidence about a situation or entity based on experience and reasonable expectations. We found that in critical minerals mining communities, key predictors of trust are satisfaction, participation, social cohesion that is built on shared experiences of the past and present, and an adequate degree of social and economic independence for affected communities. The policy implications of the centrality of trust come at a crucial time when critiques of the role of the critical minerals industry in re-colonising and greenwashing are on the rise. This study finds government regulatory and policy settings can be used to promote trust in ways that are applicable to both developed and developing countries.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"103 ","pages":"Article 105568"},"PeriodicalIF":10.2,"publicationDate":"2025-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143734934","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The dual effect of upper-level government implicit guarantees on subordinate municipal corporate bond credit risk: An empirical analysis

IF 4.8 2区经济学

Pacific-Basin Finance Journal Pub Date : 2025-03-29 DOI: 10.1016/j.pacfin.2025.102759

Xiao Cao , Runsheng Gu , Xiaoqing Ji , Yuhang Li , Ruifeng Zhang

{"title":"The dual effect of upper-level government implicit guarantees on subordinate municipal corporate bond credit risk: An empirical analysis","authors":"Xiao Cao , Runsheng Gu , Xiaoqing Ji , Yuhang Li , Ruifeng Zhang","doi":"10.1016/j.pacfin.2025.102759","DOIUrl":"10.1016/j.pacfin.2025.102759","url":null,"abstract":"<div><div>This paper investigates the impact of upper-level government implicit guarantees on the credit risk of city-level municipal corporate bonds in China by analyzing the dual effect of guarantee capability and willingness on municipal corporate bonds credit spread. The results indicate that the implicit guarantee capability and willingness significantly reduce credit spreads, with the latter exerting a more pronounced effect. Furthermore, regional economic development moderates the effects. In less-developed regions, the influence of implicit guarantees on bond pricing is more substantial due to heightened investor reliance on upper-level government support. The study incorporates the 2020 “Yongmei” default event as an exogenous shock to examine changes in market expectations. The findings reveal that after this event, upper-level government implicit guarantees' effect on municipal corporate bond pricing weakened, underscoring the evolving nature of investor confidence. This study advances the literature by highlighting the role of upper-level governments in municipal corporate bond pricing mechanisms and offering insights into the interplay between implicit guarantees, regional economic conditions, and investor expectations in the Chinese municipal corporate bond market.</div></div>","PeriodicalId":48074,"journal":{"name":"Pacific-Basin Finance Journal","volume":"91 ","pages":"Article 102759"},"PeriodicalIF":4.8,"publicationDate":"2025-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143748640","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Quest for Knowledge

IF 6.6 1区经济学

Econometrica Pub Date : 2025-03-29 DOI: 10.3982/ECTA22144

Christoph Carnehl, Johannes Schneider

引用次数: 0

The Impact of Incarceration on Employment, Earnings, and Tax Filing

IF 6.6 1区经济学

Econometrica Pub Date : 2025-03-29 DOI: 10.3982/ECTA22028

Andrew Garin, Dmitri Koustas, Carl McPherson, Samuel Norris, Matthew Pecenco, Evan K. Rose, Yotam Shem-Tov, Jeffrey Weaver

引用次数: 0

Frontmatter of Econometrica Vol. 93 Iss. 2

IF 6.6 1区经济学

Econometrica Pub Date : 2025-03-29 DOI: 10.3982/ECTA932FM

引用次数: 0

Regional financial regulatory intensity and corporate capital misallocation

IF 4.8 2区经济学

International Review of Economics & Finance Pub Date : 2025-03-29 DOI: 10.1016/j.iref.2025.104075

Huilian Fu , Jingyi Cai , Sinan Xia , Lianjie Zhou

{"title":"Regional financial regulatory intensity and corporate capital misallocation","authors":"Huilian Fu , Jingyi Cai , Sinan Xia , Lianjie Zhou","doi":"10.1016/j.iref.2025.104075","DOIUrl":"10.1016/j.iref.2025.104075","url":null,"abstract":"<div><div>In the context of an increasingly complex global financial environment, this study systematically analyzes the impact of regional financial regulatory intensity on corporate capital misallocation using macro data from 31 provinces and cities in China and micro data from listed companies between 2010 and 2022. The research finds that an increase in regional financial regulatory intensity significantly reduces the degree of corporate capital misallocation, with notable differences observed between enterprises with different ownership structures and those audited by the Big Four accounting firms, revealing the profound impact of financial regulation on corporate capital allocation. Further analysis indicates that financial regulation effectively alleviates corporate financing constraints, thereby promoting a more optimal allocation of capital. Additionally, the level of regional economic development serves as an important moderating variable, significantly moderating the impact of regional financial regulatory intensity on corporate capital misallocation, with this moderating effect exhibiting significant heterogeneity across different regions, providing a new perspective for understanding the regional differences in the effects of financial regulation.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"100 ","pages":"Article 104075"},"PeriodicalIF":4.8,"publicationDate":"2025-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143748567","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Estimating Candidate Valence

IF 6.6 1区经济学

Econometrica Pub Date : 2025-03-29 DOI: 10.3982/ECTA20496

Kei Kawai, Takeaki Sunada

引用次数: 0

Cap-and-Trade and Carbon Tax Meet Arrow–Debreu

IF 6.6 1区经济学

Econometrica Pub Date : 2025-03-29 DOI: 10.3982/ECTA22923

Robert M. Anderson, Haosui Duanmu

引用次数: 0