Economics LettersPub Date : 2025-09-01DOI: 10.1016/j.econlet.2025.112576
Cody Couture, Ann L. Owen
{"title":"Social media advertising and macroeconomic expectations: Evidence from Meta","authors":"Cody Couture, Ann L. Owen","doi":"10.1016/j.econlet.2025.112576","DOIUrl":"10.1016/j.econlet.2025.112576","url":null,"abstract":"<div><div>We examine the relationship between social media advertising and macroeconomic expectations. We find evidence that social media advertising targeting results in heterogeneous exposure to sentiment and economic issues by demographic. In addition, we find evidence that social media advertising affects beliefs about the macroeconomy, particularly inflation expectations, although this result is driven by women between 35 and 44 years of age.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"255 ","pages":"Article 112576"},"PeriodicalIF":1.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144920364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
CitiesPub Date : 2025-09-01DOI: 10.1016/j.cities.2025.106410
Jin Rui , Chenfan Cai
{"title":"Intergenerational spatial differentiation in neighborhood renewal: How can we achieve spatial equity between the elderly and the young?","authors":"Jin Rui , Chenfan Cai","doi":"10.1016/j.cities.2025.106410","DOIUrl":"10.1016/j.cities.2025.106410","url":null,"abstract":"<div><div>Research on spatial intergeneration focuses on qualitative analysis and framework development, lacking quantitative support. Understanding the relationship between spatial characteristics and intergenerational preferences remains challenging. The objective of this study is to clarify the specific phenomena of intergenerational segregation between young (18–35) and older (60+) residents in neighborhood streets in Shenzhen, and to explore the potential for improving intergenerational relations through spatial optimization. The research question is: What specific intergenerational segregation phenomena exist in neighborhood street public spaces in Shenzhen, and how to optimize the street public spaces in neighborhoods to address spatial intergenerational segregations? We employ SVI) and non-facial human form recognition to identify pedestrian ages, combined with spatial structural and experiential indicators, to quantitatively analyze the differences in public space usage among different generational groups. Our findings highlight that: Spatial experiential indicators play a more critical role in bridging intergenerational segregations, with contributions from walkways and imageability being more significant. Although bottom-up indicators are more effective in conveying spatial experience, macro spatial structural indicators also play a supportive role in bridging intergenerational gaps. Besides, collaborative analysis reveals that young and elderly residents differ in their preferences for the distribution of green spaces but agree on attitudes towards greenery in neighborhoods. Additionally, intergenerational spatial segregation are primarily reflected in openness, building density, and street connectivity. The inclusive residential planning recommendations we proposed shed fresh light on spatial equity and neighborhood cohesion.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"168 ","pages":"Article 106410"},"PeriodicalIF":6.6,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144926018","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}
Utilities PolicyPub Date : 2025-09-01DOI: 10.1016/j.jup.2025.102033
Andres Cabrera Flamini , Klaas Schwartz
{"title":"Meeting multiple mandates: The increasing complexity of water utility management","authors":"Andres Cabrera Flamini , Klaas Schwartz","doi":"10.1016/j.jup.2025.102033","DOIUrl":"10.1016/j.jup.2025.102033","url":null,"abstract":"<div><div>This study provides a historical framework of the cumulative mandates of water supply utilities: universal coverage, commercial viability, and sustainability. The political agendas, development programs, and societal demands that have led to this overlap of multiple, and at times competing, mandates are discussed to inform the complexity water utilities face. Further, the detrimental effect of climate change, demographic change, urbanization, pollution, and ageing infrastructure on achieving these mandates is explained. Water utility management is portrayed as becoming increasingly complex, resulting in a need for more diverse knowledge, skills, and capacities in addressing the challenges facing water utilities.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"96 ","pages":"Article 102033"},"PeriodicalIF":4.4,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144921835","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}
Economics LettersPub Date : 2025-09-01DOI: 10.1016/j.econlet.2025.112533
Andreas Baur , Florian Dorn , Lisandra Flach , Clemens Fuest
{"title":"Geoeconomic fragmentation and the role of non-aligned countries","authors":"Andreas Baur , Florian Dorn , Lisandra Flach , Clemens Fuest","doi":"10.1016/j.econlet.2025.112533","DOIUrl":"10.1016/j.econlet.2025.112533","url":null,"abstract":"<div><div>We analyze how non-aligned countries affect welfare outcomes in scenarios of global trade fragmentation. Using a quantitative trade model covering 141 countries and 65 economic sectors, we simulate different scenarios of geoeconomic fragmentation. We find that major non-aligned countries benefit from their neutral position, with welfare gains of up to 0.7 percent that vary significantly across sectors. These gains turn into significant losses if they join either the Western or Eastern trade bloc. Moreover, world welfare losses increase from −1.9 percent under incomplete fragmentation to −2.7 percent when non-aligned countries join the West and to −3.7 percent when they join the East. Our results highlight the strategic importance of non-aligned countries in mitigating the negative effects of global trade fragmentation.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"255 ","pages":"Article 112533"},"PeriodicalIF":1.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144921560","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
CitiesPub Date : 2025-09-01DOI: 10.1016/j.cities.2025.106402
Jonatan Abraham , Vania Ceccato , Per Näsman
{"title":"Men's fear in public places: A Stockholm case study","authors":"Jonatan Abraham , Vania Ceccato , Per Näsman","doi":"10.1016/j.cities.2025.106402","DOIUrl":"10.1016/j.cities.2025.106402","url":null,"abstract":"<div><div>While the Nordics have long acted as champions of gender equality, there is still a need for a more nuanced understanding of gendered differences in safety and well-being. A large body of research on masculinity and fear has found men to express fear in public space to a lesser extent than women, perpetuating a notion of men as ‘fearless’. In this study, we challenge this notion by seeking a better understanding of men's overall fear of victimization as well as how fear impacts their behavior where they live, in relation to places, people, and everyday routines. Using statistical methods, chi-square analysis and binary logistic regression, we investigate the nature of men's fear and the effect fear has on their lives using 20,781 answers from the 2020 Stockholm Safety Survey. Findings indicate that while men are generally less fearful than women, intersections between respondents' gender, income level, and ethnic background show a complementary picture. Foreign-born and low-income resident men expressed similar or even higher levels of neighborhood fear than women. Additionally, the drivers of men's general fear of crime and neighborhood-related fear were found to differ, where results for Swedish-born and foreign-born men show opposing patterns for each measure. Men who live in neighborhoods with more physical disorder and low social cohesion are also more likely to avoid places and engagement with people where they live, as well as changing routine activities. The paper finishes with recommendations for future research.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"168 ","pages":"Article 106402"},"PeriodicalIF":6.6,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144922290","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}
Energy PolicyPub Date : 2025-08-31DOI: 10.1016/j.enpol.2025.114850
Jan Priesmann, Aaron Praktiknjo
{"title":"Estimating short- and long-run price and income elasticities of final energy demand as a function of household income","authors":"Jan Priesmann, Aaron Praktiknjo","doi":"10.1016/j.enpol.2025.114850","DOIUrl":"10.1016/j.enpol.2025.114850","url":null,"abstract":"<div><div>This study investigates the short- and long-run price and income elasticities of private households’ energy demand, focusing on electricity, heating energy carriers (proxied by natural gas), and car fuels, and examining their variations as a function of household income. Employing longitudinal data from two large private household surveys, we apply method of moments and OLS estimators to fixed and random effects models to capture the dynamic response of energy demand to changes in price and income. Our findings reveal significant heterogeneity in elasticities across different income groups. For electricity, short-run price elasticities range from −0.27 for low-income households to −0.44 for high-income households, with long-run elasticities varying from −0.22 to −0.64. Gas price elasticities show an inverse relationship with income, spanning from −0.64 for low-income to −0.11 for high-income households in the short run, and from −0.58 to −0.15 in the long run. Car fuel price elasticities, which we were not able to differentiate over time, range from −0.47 for low-income to −0.14 for high-income households. Income elasticities also exhibit notable variability. For electricity, short-run income elasticities decrease from 0.048 for low-income households to insignificance for high-income households. Short-run income elasticities of gas demand follow a similar pattern, starting from 0.079 and decreasing with rising income. Contrastingly, income elasticities of car fuel demand increase with income from 0.060 for low-income households to 0.443 for high-income households. Our results underscore the necessity of incorporating socioeconomic factors into energy policy design to enhance effectiveness and equity in promoting energy conservation and investments in energy efficiency and electricity generation.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"207 ","pages":"Article 114850"},"PeriodicalIF":9.2,"publicationDate":"2025-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144920078","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}
{"title":"A study on county high school collapse, urbanization development, and local government fiscal capacity","authors":"Dong Wang , Jia Dong , Guoming Wang","doi":"10.1016/j.frl.2025.108339","DOIUrl":"10.1016/j.frl.2025.108339","url":null,"abstract":"<div><div>This study uses 2011–2019 provincial panel data to examine the nonlinear impact of urbanization and local government fiscal capacity on county high school collapse in China. The collapse index, derived via the entropy weight method, reveals a threshold effect of urbanization. Below the threshold, urbanization worsens high school resource loss in rural counties; above it, intensified urbanization, particularly county-centered development, decelerates the decline by reducing urban–rural resource gaps. Improved local government fiscal capacity also significantly worsened the extent of “county high school collapse.” Policy implications should prioritize county-level public-service capacity and equitable resource allocation to strengthen education.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"85 ","pages":"Article 108339"},"PeriodicalIF":6.9,"publicationDate":"2025-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144925515","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}
Urban StudiesPub Date : 2025-08-31DOI: 10.1177/00420980251345005
Rachel Siegel, Seva Rodnyansky
{"title":"The role of home and land tenure in shaping opportunities and challenges for manufactured home residents","authors":"Rachel Siegel, Seva Rodnyansky","doi":"10.1177/00420980251345005","DOIUrl":"https://doi.org/10.1177/00420980251345005","url":null,"abstract":"This article examines how home and land tenure shapes manufactured home (MH) residents’ access to financing and consumer protections. Three tenure categories are explored: homeowners who own both home and land (own–own), homeowners who do not own land – often paying to rent it (own–rent) and home renters who also rent their land (rent–rent). A new nationally representative US survey sheds light on the characteristics of these residents, with a focus on metropolitan compared with non-metropolitan locations, landownership, house titling, the type of home financing used by borrowers and financial stability. This survey provides detail previously unavailable in other data. Results show that US MH buyers are much less likely to use mortgages compared with site-built home buyers. Instead, MH owners who currently have a loan for their home are more likely to use home-only (‘personal property’ or ‘chattel’ loans) or contract financing arrangements such as rent-to-own, seller financing or contract for deed. Mortgages have the strongest consumer protections, so use of these alternatives leaves buyers more at risk of eviction, foreclosure and financial instability. Challenges with access to mortgage financing and robust consumer protections are especially acute for MH owners in metropolitan areas because they are more likely to rent their land. However, local-, state- and federal-level policy updates can improve access to safe and affordable homeownership, and for renters, policymakers can mandate formal lease agreements to improve housing stability.","PeriodicalId":51350,"journal":{"name":"Urban Studies","volume":"26 1","pages":""},"PeriodicalIF":4.7,"publicationDate":"2025-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144920970","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}
{"title":"Does cross-border e-commerce pilot zone policy reduce financing costs for SMEs?: Evidence from a multi-period DID approach in China","authors":"Wenying Fang , Qian Xu","doi":"10.1016/j.frl.2025.108328","DOIUrl":"10.1016/j.frl.2025.108328","url":null,"abstract":"<div><div>This study examines the impact of China’s Cross-Border E-Commerce Pilot Zone (CBECPZ) policy on small- and medium-sized enterprise (SME) financing costs. Using 2010–2024 data, we find that the policy significantly reduces financing costs, especially in non-dividend-paying firms and early implementation batches. Asset tangibility and liquidity partially mediate this effect, with robustness checks showing reduced deleveraging and short-term debt reliance. The efficacy diminishes in the later phases, indicating regional disparities. Digital customs platforms reduce information asymmetry. The findings show that the CBECPZ policy eases SME financing constraints and the need for targeted infrastructure.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"85 ","pages":"Article 108328"},"PeriodicalIF":6.9,"publicationDate":"2025-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144925400","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}
{"title":"The eternal promise of carbon capture, utilisation and storage: Is there a business case?","authors":"Katariina Buure","doi":"10.1016/j.erss.2025.104308","DOIUrl":"10.1016/j.erss.2025.104308","url":null,"abstract":"<div><div>Carbon capture, utilisation and storage (CCUS) technologies are often described as essential tools for meeting global climate goals and are regularly included in international climate strategies. However, their large-scale implementation remains limited, raising questions about their practical viability. This research examines how CCUS technologies and their commercial promise have evolved over time. To trace changing narratives and expectations, publicly available scientific and technical reports published by the Intergovernmental Panel on Climate Change and the International Energy Agency between 1990 and 2023 were analysed. In addition, practical insights were gathered through semi-structured interviews with stakeholders from academia and business to assess current views on CCUS deployment and its commercial potential. Findings indicate that while interest in CCUS technologies has grown over time, actual deployment continues to lag far behind the levels required to meet earlier projections and climate targets. Financial and regulatory challenges remain persistent obstacles. By combining document analysis with stakeholder insights, this research contributes to the understanding of the structural and discursive factors that shape the persistent gap between CCUS’s theoretical promise and its real-world outcomes.</div></div>","PeriodicalId":48384,"journal":{"name":"Energy Research & Social Science","volume":"127 ","pages":"Article 104308"},"PeriodicalIF":7.4,"publicationDate":"2025-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144916531","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}