Economics Letters最新文献

筛选
英文 中文
Gender stereotypes in politics: Insights from social media data 政治中的性别刻板印象:来自社交媒体数据的见解
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-03 DOI: 10.1016/j.econlet.2025.112403
Fernanda Peron , Paula Carvalho Pereda , Felipe Bailez
{"title":"Gender stereotypes in politics: Insights from social media data","authors":"Fernanda Peron ,&nbsp;Paula Carvalho Pereda ,&nbsp;Felipe Bailez","doi":"10.1016/j.econlet.2025.112403","DOIUrl":"10.1016/j.econlet.2025.112403","url":null,"abstract":"<div><div>Analyzing 400,000 WhatsApp messages on politicians, we find that gender stereotypes pose a barrier to women’s political participation in Brazil. Female politicians receive more personal commentaries, and bots spread misogynistic, aggressive narratives, amplifying gendered biases and hostility in social media.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"254 ","pages":"Article 112403"},"PeriodicalIF":2.1,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144261956","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
Identification of quantile regression models with endogeneity 内生性分位数回归模型的辨识
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-03 DOI: 10.1016/j.econlet.2025.112399
Qian Wang
{"title":"Identification of quantile regression models with endogeneity","authors":"Qian Wang","doi":"10.1016/j.econlet.2025.112399","DOIUrl":"10.1016/j.econlet.2025.112399","url":null,"abstract":"<div><div>The instrumental variables approach is a standard practice to address endogeneity, while it is often challenging to obtain valid and strong instruments in many empirical studies. This paper considers a linear simultaneous triangular system of quantile regressions in the absence of instruments. We establish identification results for this model by leveraging copula of the latent error terms to characterize their dependence structure.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"254 ","pages":"Article 112399"},"PeriodicalIF":2.1,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144205227","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
Is AI the new corporate monitor? Evidence from excessive on-the-job consumption 人工智能是新的企业监督者吗?工作中过度消费的证据
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-02 DOI: 10.1016/j.econlet.2025.112424
Lang Wu, Lili Ge
{"title":"Is AI the new corporate monitor? Evidence from excessive on-the-job consumption","authors":"Lang Wu,&nbsp;Lili Ge","doi":"10.1016/j.econlet.2025.112424","DOIUrl":"10.1016/j.econlet.2025.112424","url":null,"abstract":"<div><div>Excessive on-the-job consumption (EOJC) represents a manifestation of corporate agency problems that ultimately undermines firm value. As artificial intelligence (AI) applications permeate various aspects of corporate operations, this study examines AI’s impact on EOJC. Analyzing 2788 Chinese manufacturing firms (2007–2022), we find AI implementation significantly reduces EOJC by dissolving hierarchical information barriers to enhance governance quality and curbing managerial discretion through algorithm-driven decision protocols. Further analysis reveals that AI exerts stronger governance effects in highly competitive industries by augmenting existing market discipline mechanisms, while synergizing with information-transparent firms to amplify monitoring efficacy. These findings reveal AI’s potential for institutional transformation in corporate governance systems.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"254 ","pages":"Article 112424"},"PeriodicalIF":2.1,"publicationDate":"2025-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144223358","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
Iterative refinement of the QZ decomposition for solving linear DSGE models 求解线性DSGE模型的QZ分解迭代改进
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-01 DOI: 10.1016/j.econlet.2025.112411
Johannes Huber , Alexander Meyer-Gohde
{"title":"Iterative refinement of the QZ decomposition for solving linear DSGE models","authors":"Johannes Huber ,&nbsp;Alexander Meyer-Gohde","doi":"10.1016/j.econlet.2025.112411","DOIUrl":"10.1016/j.econlet.2025.112411","url":null,"abstract":"<div><div>We develop an iterative implementation of the QZ method for solving DSGE models. It refines the standard QZ solution and, as demonstrated in a macro-finance application, improves numerical accuracy without altering already accurate solutions.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"253 ","pages":"Article 112411"},"PeriodicalIF":2.1,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144205796","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
Role of ECX futures in carbon pricing: Intraday evidence from EU-ETS ECX期货在碳定价中的作用:来自EU-ETS的即日证据
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-01 DOI: 10.1016/j.econlet.2025.112401
Charu Vadhava
{"title":"Role of ECX futures in carbon pricing: Intraday evidence from EU-ETS","authors":"Charu Vadhava","doi":"10.1016/j.econlet.2025.112401","DOIUrl":"10.1016/j.econlet.2025.112401","url":null,"abstract":"<div><div>This study investigates the price discovery and volatility spillover between ECX spot and futures prices using high-frequency data for the fourth phase of EU-ETS. The analysis reveals the higher contribution of ECX futures in price formation. Furthermore, volatility spillover analysis shows that volatility transmission occurs predominantly from ECX futures to the spot market, making the ECX futures market a shock (information) transmitter and the spot market a shock (information) receiver in net terms. The informativeness of ECX futures in carbon pricing can be attributed to higher liquidity, higher trading volume, and the presence of informed institutional traders in the ECX futures market.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"253 ","pages":"Article 112401"},"PeriodicalIF":2.1,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144190443","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
Trust decay? The impact of immigration on trust 相信腐烂吗?移民对信任的影响
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-01 DOI: 10.1016/j.econlet.2025.112415
Claudia Williamson Kramer , Daniel Sánchez-Piñol Yulee
{"title":"Trust decay? The impact of immigration on trust","authors":"Claudia Williamson Kramer ,&nbsp;Daniel Sánchez-Piñol Yulee","doi":"10.1016/j.econlet.2025.112415","DOIUrl":"10.1016/j.econlet.2025.112415","url":null,"abstract":"<div><div>This note uses data from the Integrated Value Surveys (IVS) to explore how immigration affects both generalized trust and trust in formal institutions. The analysis finds no evidence that immigration is associated with lower levels of either type of trust. Instead, estimations suggest a positive correlation between immigration and generalized trust. These findings are robust to various controls and estimation techniques.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"253 ","pages":"Article 112415"},"PeriodicalIF":2.1,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144184912","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
When neighbors tighten belts: Exploring austerity’s spillover effects 当邻居勒紧腰带:探索紧缩的溢出效应
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-01 DOI: 10.1016/j.econlet.2025.112414
Khalil Bechchani
{"title":"When neighbors tighten belts: Exploring austerity’s spillover effects","authors":"Khalil Bechchani","doi":"10.1016/j.econlet.2025.112414","DOIUrl":"10.1016/j.econlet.2025.112414","url":null,"abstract":"<div><div>This study investigates the impact of domestic austerity measures and their spillover effects when synchronized among trading partners, focusing on their influence on domestic GDP growth and public debt-to-GDP ratios. Using a novel narrative dataset covering 17 OECD countries from 1978 to 2020 and 14 Latin American and Caribbean countries from 1989 to 2020, the findings reveal that domestic austerity measures significantly depress GDP growth and escalate public debt ratios, while spillover effects from foreign fiscal consolidations can sometimes surpass the impacts of domestic adjustments. Fiscal spillovers affect economic growth in OECD countries and public debt dynamics in the LAC region. Notably, they are particularly pronounced in more trade-open OECD members and during economic downturns in both LAC and OECD countries. Interestingly, OECD countries with lower trade openness and economies going through expansionary phases of the business cycle exhibit positive responses to austerity measures from trade partners. These findings underscore the complex interdependencies in global fiscal policy and highlight the necessity for coordinated approaches to mitigate adverse effects and leverage positive responses during varying economic conditions.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"254 ","pages":"Article 112414"},"PeriodicalIF":2.1,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144231803","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
Reimbursement in contests with bilateral delegation 与双边代表团竞赛的报销
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-01 DOI: 10.1016/j.econlet.2025.112371
Kyung Hwan Baik , Daehong Min
{"title":"Reimbursement in contests with bilateral delegation","authors":"Kyung Hwan Baik ,&nbsp;Daehong Min","doi":"10.1016/j.econlet.2025.112371","DOIUrl":"10.1016/j.econlet.2025.112371","url":null,"abstract":"<div><div>We study two-player contests in which each player first hires a delegate to expend effort on her behalf, and then the delegates choose their effort levels simultaneously. The losing player pays the winning player reimbursement for part of the effort (cost) that the winning delegate expended. We find that each player offers her delegate greater compensation (in the case of winning) in the model with reimbursement than in the model without reimbursement. The equilibrium expected payoffs for the delegates [<em>players</em>] are greater [<em>smaller</em>] in the model with reimbursement than in the model without reimbursement. As the reimbursement rate increases, each player offers her delegate greater compensation (in the case of winning), economic rent for each delegate increases, and each player is worse off.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"253 ","pages":"Article 112371"},"PeriodicalIF":2.1,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144184911","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
The savings rate in a discrete-time Ramsey economy with CRRA preferences and full depreciation 具有CRRA偏好和完全折旧的离散时间拉姆齐经济中的储蓄率
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-01 DOI: 10.1016/j.econlet.2025.112384
Francisco Queirós
{"title":"The savings rate in a discrete-time Ramsey economy with CRRA preferences and full depreciation","authors":"Francisco Queirós","doi":"10.1016/j.econlet.2025.112384","DOIUrl":"10.1016/j.econlet.2025.112384","url":null,"abstract":"<div><div>This paper studies the discrete-time version of the Ramsey model with CRRA preferences, a Cobb–Douglas production function and full depreciation. I show that, when the intertemporal elasticity of substitution (IES) is above one, the substitution effect of an interest rate increase always dominates the income effect; when the IES is below one, the income effect dominates.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"253 ","pages":"Article 112384"},"PeriodicalIF":2.1,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144194985","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
Are nightlight data a relevant proxy for economic activity in small island developing states ? 夜灯数据是小岛屿发展中国家经济活动的相关代表吗?
IF 2.1 4区 经济学
Economics Letters Pub Date : 2025-06-01 DOI: 10.1016/j.econlet.2025.112375
Idriss Fontaine, François Hermet, Nicolas Lucic
{"title":"Are nightlight data a relevant proxy for economic activity in small island developing states ?","authors":"Idriss Fontaine,&nbsp;François Hermet,&nbsp;Nicolas Lucic","doi":"10.1016/j.econlet.2025.112375","DOIUrl":"10.1016/j.econlet.2025.112375","url":null,"abstract":"<div><div>By combining nightlight data with GDP data for Small Island Developing States (SIDS), we investigate the nature of their empirical relationship. We find a strong positive correlation between the two variables. Econometric estimates suggest that the elasticity of GDP with respect to nightlights is 0.20 over the entire sample period, with evidence pointing to a decline in the magnitude of this elasticity since 2013, when the collection of nightlights has been based on VIIRS sensors. Overall, our study is the first to demonstrate that nightlight data constitutes a relevant proxy for economic activity in SIDS, a group of territories characterized by a scarcity of economic data. It also suggests that users should consider the change in nightlight data collection, as it may affect the magnitude of the statistical association, particularly in small areas.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"253 ","pages":"Article 112375"},"PeriodicalIF":2.1,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144190444","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
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术官方微信