Economics Letters最新文献

A correlation-robust shrinkage estimator: Oracle inequality and an application on out-of-sample factor selection 一个相关鲁棒收缩估计：Oracle不等式及其在样本外因子选择上的应用

IF 1.8 4区经济学

Economics Letters Pub Date : 2025-07-28 DOI: 10.1016/j.econlet.2025.112480

Chuanping Sun

引用次数: 0

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IF 2.1 4区经济学

Economics Letters Pub Date : 2025-07-26 DOI: 10.1016/j.econlet.2025.112511

Vaibhav Lalwani

引用次数: 0

Limited power of outside options: New evidence from ultimatum games 外部选择的有限力量：来自最后通牒游戏的新证据

IF 1.8 4区经济学

Economics Letters Pub Date : 2025-07-26 DOI: 10.1016/j.econlet.2025.112506

Qingrong He , Dongwoo Lee , Qichao Shi

{"title":"Limited power of outside options: New evidence from ultimatum games","authors":"Qingrong He , Dongwoo Lee , Qichao Shi","doi":"10.1016/j.econlet.2025.112506","DOIUrl":"10.1016/j.econlet.2025.112506","url":null,"abstract":"<div><div>We conduct an experiment to examine how responders’ outside options (<span><math><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub></math></span>, out of 100) influence their bargaining power in modified ultimatum games, where <span><math><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub></math></span> is systematically varied while proposers’ outside options remain fixed at zero. Using both between-subject (BSD) and within-subject (WSD) designs, we uncover two key findings that provide new insights about outside options in ultimatum bargaining. First, in the BSD treatments, proposers’ offers do not increase until <span><math><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub></math></span> is sufficiently large (e.g., <span><math><mrow><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub><mo>=</mo><mn>40</mn></mrow></math></span>) and may even decrease when <span><math><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub></math></span> is very small (e.g., <span><math><mrow><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub><mo>=</mo><mn>5</mn></mrow></math></span>). Second, in the WSD treatment, while proposers’ offers increase monotonically with <span><math><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub></math></span>, the offer levels are significantly lower than those in the BSD treatments when <span><math><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub></math></span> is small (e.g., <span><math><mrow><msub><mrow><mi>R</mi></mrow><mrow><mi>O</mi></mrow></msub><mo><</mo><mn>20</mn></mrow></math></span>). These findings demonstrate that outside options are not always a bargaining advantage, highlighting the complex and context-dependent role of outside options in bargaining dynamics.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"255 ","pages":"Article 112506"},"PeriodicalIF":1.8,"publicationDate":"2025-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144739723","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}

引用次数: 0

From guerrilla warfare legacy to green transparency: The lasting impact of collectivism on corporate environmental disclosure 从游击战遗产到绿色透明：集体主义对企业环境信息披露的持久影响

IF 1.8 4区经济学

Economics Letters Pub Date : 2025-07-25 DOI: 10.1016/j.econlet.2025.112521

Jianing Jiang, Ziyuan Xia

{"title":"From guerrilla warfare legacy to green transparency: The lasting impact of collectivism on corporate environmental disclosure","authors":"Jianing Jiang, Ziyuan Xia","doi":"10.1016/j.econlet.2025.112521","DOIUrl":"10.1016/j.econlet.2025.112521","url":null,"abstract":"<div><div>Can the historical legacies of collectivism explain regional disparities in corporate green transparency? We address this question by examining China’s guerrilla warfare base areas, where prolonged collective living during the wartime period instilled durable collectivist norms. Using panel data from all A-share listed firms (2008–2023), we find that firms headquartered in these historically collective areas exposure exhibit significantly higher corporate environmental disclosure. To uncover the mechanism, we apply dictionary based text analysis to 2.7 million posts on the “Message Board for Leaders” and document that guerrilla regions exhibit stronger contemporary collectivist language. The effect intensifies in cities with specialized environmental courts and among firms designated as key pollution monitoring unit. Our results remain robust to alternative proxies, firm fixed effects, matched samples, and spatial‑inference checks. This paper demonstrate the enduring role of wartime legacies in shaping corporate transparency and illustrate how informal cultural norms complement formal governance to advance sustainability in emerging economies.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"255 ","pages":"Article 112521"},"PeriodicalIF":1.8,"publicationDate":"2025-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144722392","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}

引用次数: 0

Evaluating Online Data Collection Platforms Using A Simple Rule-Following Task 使用简单的规则遵循任务评估在线数据收集平台

IF 1.8 4区经济学

Economics Letters Pub Date : 2025-07-25 DOI: 10.1016/j.econlet.2025.112509

Dominik Suri , Sebastian Kube , Johannes Schultz

引用次数: 0

Economic uncertainty, digital transformation, and firm supply chain disruption risk 经济不确定性、数字化转型和企业供应链中断风险

IF 2.1 4区经济学

Economics Letters Pub Date : 2025-07-23 DOI: 10.1016/j.econlet.2025.112516

Wenpeng Chen , Jiaqi Wang , Shan Wang

引用次数: 0

Prevention as a Giffen good: Further results 预防是一件好事：进一步的结果

IF 2.1 4区经济学

Economics Letters Pub Date : 2025-07-23 DOI: 10.1016/j.econlet.2025.112503

Kit Pong Wong

引用次数: 0

Nonparametric mixed frequency monitoring macro-at-risk 非参数混合频率监测宏观风险

IF 2.1 4区经济学

Economics Letters Pub Date : 2025-07-21 DOI: 10.1016/j.econlet.2025.112498

Massimiliano Marcellino , Michael Pfarrhofer

引用次数: 0

Family reunification and mental health 家庭团聚和精神健康

IF 2.1 4区经济学

Economics Letters Pub Date : 2025-07-21 DOI: 10.1016/j.econlet.2025.112479

Lisbeth la Cour , Sanne Kruse-Becher , Birthe Larsen

引用次数: 0

Gender differences in college students’ academic performance during and after the COVID-19 pandemic: Is females’ recovery lagging behind? 新冠肺炎疫情期间和疫情后大学生学业成绩的性别差异：女性是否恢复滞后？

IF 1.8 4区经济学

Economics Letters Pub Date : 2025-07-20 DOI: 10.1016/j.econlet.2025.112491

Dora Gicheva , Julie Edmunds , Nir Eilam , Bryan Hutchins , Nina Arshavsky

{"title":"Gender differences in college students’ academic performance during and after the COVID-19 pandemic: Is females’ recovery lagging behind?","authors":"Dora Gicheva , Julie Edmunds , Nir Eilam , Bryan Hutchins , Nina Arshavsky","doi":"10.1016/j.econlet.2025.112491","DOIUrl":"10.1016/j.econlet.2025.112491","url":null,"abstract":"<div><div>Using administrative transcript records for all students enrolled in public postsecondary institutions in the state of North Carolina between the 2013–14 and 2022–23 academic years, merged with students’ high school records from the North Carolina Department of Public Instruction, we document gender gaps in academic recovery from the COVID-19 pandemic at both two- and four-year colleges and universities. We find that academic outcomes for female and male students were trending similarly prior to the pandemic, but particularly since the fall of 2021, female college students have been passing fewer classes and experiencing slower credit accumulation, while we do not see corresponding gaps in the number of attempted credits. The gap is almost one fewer credit earned per year for female community college students, and 0.6 fewer credits at four-year institutions. There are also signs of growing gender gaps in persistence. We show suggestive evidence that the disparities in pandemic recovery for college students may in part be driven by larger learning losses for female students in secondary school. The findings have important implications for education and labor market research and policy.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"255 ","pages":"Article 112491"},"PeriodicalIF":1.8,"publicationDate":"2025-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144750333","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}

引用次数: 0