IF 4.4 2区经济学

Cambridge Journal of Regions Economy and Society Pub Date : 2025-10-16 DOI: 10.1093/cjres/rsaf036

Valentina Ausserladscheider

引用次数: 0

Income inequality and social trust 收入不平等与社会信任

IF 1.8 4区经济学

Economics Letters Pub Date : 2025-10-16 DOI: 10.1016/j.econlet.2025.112675

Andrea Albertazzi , Patrick Lown , Friederike Mengel

引用次数: 0

The fiscal effects of political tenure 政治任期的财政效应

IF 2.3 3区经济学

Journal of Economic Behavior & Organization Pub Date : 2025-10-16 DOI: 10.1016/j.jebo.2025.107257

Andrea Cintolesi , Daniela Iorio , Andrea Mattozzi

{"title":"The fiscal effects of political tenure","authors":"Andrea Cintolesi , Daniela Iorio , Andrea Mattozzi","doi":"10.1016/j.jebo.2025.107257","DOIUrl":"10.1016/j.jebo.2025.107257","url":null,"abstract":"<div><div>We investigate how the tenure of ruling parties and coalitions shapes government spending through intra-governmental negotiations. We assemble a comprehensive dataset covering four decades and including both established and emerging democracies to develop a novel measure of accumulated tenure in office for ruling parties or coalitions since the establishment of democracy. Our measure reveals substantial variation in the political tenure of rulers who alternate in office and identifies a significant fiscal effect of political tenure. A ten percent increase in tenure raises government expenditure, measured as a percentage of GDP, by 0.23 percentage points and the deficit by 0.21 percentage points over 1972–2014. We outline a conceptual framework that accounts for the uncovered empirical relationship and suggest the relevance of a fading “honeymoon effect”, which revisits Olson’s argument on the dynamic effects of distributional coalitions. The older the ruling group, the more divisive the remaining policies to be implemented, which requires costly transfers in the form of public expenditure to maintain cohesion within the ruling group. Our findings contribute to the understanding of bargaining in democratic settings, showing how political negotiation shapes fiscal policy and the distribution of resources.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"239 ","pages":"Article 107257"},"PeriodicalIF":2.3,"publicationDate":"2025-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145321659","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Book review forum Reimagining the More-Than-Human City: Stories from Singapore WangJamie, Reimagining the More-Than-Human City: Stories from Singapore, Urban and Industrial Environments Series. Cambridge, MA: The MIT Press, 2024; 268 pp.; ISBN: 9780262550932, £38.00/US $40.00 (pbk) 王洁，《重新想象超越人类的城市：新加坡故事》，城市与工业环境系列。马萨诸塞州剑桥：麻省理工学院出版社，2024；268页;ISBN: 9780262550932, 38.00英镑/ 40.00美元（pbk）

IF 4.7 1区经济学

Urban Studies Pub Date : 2025-10-16 DOI: 10.1177/00420980251372765

Michele Acuto

引用次数: 0

Effects of Terrorist Attacks on Banks' Performance: Evidence From WAEMU Countries 恐怖袭击对银行绩效的影响：来自西非货币联盟国家的证据

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-10-16 DOI: 10.1111/1467-8268.70033

Nimonka Bayale, Komla Kuma Esobiyu Tchala, Madow Nagou, Hassan Tamboura, Wassiratou Ouro-Koura, Sasire Napo

{"title":"Effects of Terrorist Attacks on Banks' Performance: Evidence From WAEMU Countries","authors":"Nimonka Bayale, Komla Kuma Esobiyu Tchala, Madow Nagou, Hassan Tamboura, Wassiratou Ouro-Koura, Sasire Napo","doi":"10.1111/1467-8268.70033","DOIUrl":"https://doi.org/10.1111/1467-8268.70033","url":null,"abstract":"<div>\u0000 \u0000 <p>In the West African Economic and Monetary Union (WAEMU) and across West Africa, terrorist attacks have risen sharply over the past decade. Beyond the tragic human toll, terrorism inflicts material, institutional, and economic damage and can impair banks' operations and productivity. This article investigates the impact of terrorism on bank performance, proxied by return on average equity (ROAE), return on average assets (ROAA), non-performing loans (NPLs), and the <i>Z</i>-score of insolvency risk, using a panel of 92 WAEMU banks from 2005 to 2019 and a system-GMM approach. The findings show that terrorism exerts a negative and statistically significant effect on all performance measures: a 1% rise in attacks reduces ROAE and ROAA by 4.7% and 3.9%, respectively, weakens bank solvency by 2.8%, and increases the NPL ratio by approximately 4.1 percentage points. These results underscore the need for WAEMU countries to intensify efforts to promote peace and security, and for regulators to implement reforms that explicitly safeguard financial stability and ensure sustained banking performance in the face of terrorism-related risks in the region.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 4","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145317416","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 wider view of shared transportation: Assessing the socioemotional costs and benefits of sharing in and sharing out 共享交通的更广泛视角：评估共享出行的社会情感成本和收益

IF 4.7 1区经济学

Urban Studies Pub Date : 2025-10-16 DOI: 10.1177/00420980251374828

Julene Paul

{"title":"A wider view of shared transportation: Assessing the socioemotional costs and benefits of sharing in and sharing out","authors":"Julene Paul","doi":"10.1177/00420980251374828","DOIUrl":"https://doi.org/10.1177/00420980251374828","url":null,"abstract":"Urban planning scholars and policymakers promote shared mobility as a way to reduce congestion and carbon emissions. When doing so, they primarily stress modes like public transit, carshare, bike-share, and ridehail. These are instances where people share vehicles with strangers via market-based interactions or by using public goods. Yet research indicates that in many countries, especially the USA, a substantial portion of vehicle sharing involves sharing among family members, friends, and acquaintances. Meanwhile, planning scholars emphasize the time-related and financial costs of sharing. This overlooks the importance of the subjective experience of sharing, which actively shapes individuals’ willingness and/or reluctance to share. Despite the significance of these factors, the literature has not adequately addressed them. In this critical review, I synthesize literature from sociology, psychology, economics, and anthropology to provide a holistic view of shared transportation. I then establish a typology of vehicle sharing that differentiates between “sharing in” with known persons versus “sharing out” with strangers. I also examine the socioemotional incentives behind sharing—as well as the impediments hindering it—and their relevance for these categories. The novel sharing typology provides a new lens through which to understand the challenges of addressing barriers to sharing. This debates paper is timely as planners and policymakers confront new trends in shared transportation. The COVID-19 pandemic generated new psychological impediments to sharing. By informing policies to promote vehicle sharing, a better understanding of socioemotional factors may help cities to achieve sustainability and equity goals.","PeriodicalId":51350,"journal":{"name":"Urban Studies","volume":"94 1","pages":""},"PeriodicalIF":4.7,"publicationDate":"2025-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145295990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

Determinants of International Capital Inflows to Sub-Saharan Africa: The Role of Digitalization and National Governance 国际资本流入撒哈拉以南非洲的决定因素：数字化和国家治理的作用

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-10-16 DOI: 10.1111/1467-8268.70034

Sana Slimani, Anis Omri, Abdessalem Abbassi

{"title":"Determinants of International Capital Inflows to Sub-Saharan Africa: The Role of Digitalization and National Governance","authors":"Sana Slimani, Anis Omri, Abdessalem Abbassi","doi":"10.1111/1467-8268.70034","DOIUrl":"https://doi.org/10.1111/1467-8268.70034","url":null,"abstract":"<div>\u0000 \u0000 <p>As digitization and national governance are widely recognized for access to external finance, this article examines the combined effects of digitization, in particular information and communication technologies (ICTs) diffusion in terms of access, skills, and use, and the quality of governance on international capital flows (foreign direct investment [FDI] and remittances) in 41 sub-Saharan African (SSA) countries. Using the Generalized Method of Moments, the study demonstrates that stronger political and institutional governance is associated with higher FDI and remittances. Moreover, improved access to, skills in, and use of ICT contribute to increased FDI and remittances. The effectiveness of political and institutional governance mechanisms in attracting FDI is further enhanced when they are accompanied by increased use of and access to ICT. Similarly, the positive impact of good political governance on remittances is reinforced by improved access to ICT. Overall, the results underline that as ICT becomes more widely used in SSA countries, improving governance quality and digital development capacity can generate a synergistic effect that attracts higher volumes of FDI and remittances to these economies.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 4","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145317417","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

Insider trading and anomalies 内幕交易和异常情况

IF 2.4 2区经济学

Journal of Empirical Finance Pub Date : 2025-10-16 DOI: 10.1016/j.jempfin.2025.101666

Jiaxing Tian , Hong Xiang , Minghai Xu

引用次数: 0

Cross-regional spillover effects of sustainability indices: A heteroscedasticity-robust VAR approach 可持续性指数的跨区域溢出效应：一个异方差稳健VAR方法

IF 9.8 1区经济学

International Review of Financial Analysis Pub Date : 2025-10-16 DOI: 10.1016/j.irfa.2025.104678

Kaiji Motegi , Saki Sugano

引用次数: 0

Measuring regulatory complexity 衡量监管复杂性