International Studies of Economics最新文献_第3页

Trading rule discovery using technical analysis and a template matching technique for pattern recognition: Evidence from the Chinese stock market 利用技术分析和模式识别模板匹配技术发现交易规则：来自中国股市的证据

4区经济学

International Studies of Economics Pub Date : 2023-08-01 DOI: 10.1002/ise3.62

Júlio Lobão, Luís Pacheco, António Fernandes

引用次数: 0

On the dynamic effects of the cross-section distribution of sectoral price changes in China 论中国部门价格变动的横截面分布的动态效应

4区经济学

International Studies of Economics Pub Date : 2023-07-11 DOI: 10.1002/ise3.60

Biao Gu, Liying Fu, Kehuan Yu

{"title":"On the dynamic effects of the cross-section distribution of sectoral price changes in China","authors":"Biao Gu, Liying Fu, Kehuan Yu","doi":"10.1002/ise3.60","DOIUrl":"10.1002/ise3.60","url":null,"abstract":"This paper investigates the dynamic interactions of the cross-section distribution of sectoral price changes and the output growth in the Chinese economy. We compare in depth the results of Granger causality tests, Impulse Response, and Forecast Error Variance Decompositions from Mixed Sampling Frequency Vector Autoregression (MFVAR) with those from common frequency vector autoregression (VAR). It shows that potential causalities for inflation, relative price variability, relative price skewness, and output growth can be successfully detected by the MFVAR. The cross-section distribution of sectoral price changes stands to be a fundamental determinant of fluctuations in the aggregate economy, not only in the short run but also in the long run. Moreover, the empirical results are robust to the identification restrictions imposed as well as to alternative measures for model variables. Our findings are in line with the predictions of a standard sticky-price model, and thus pricing frictions are important factors behind the short-run nonneutrality of nominal shocks. We highlight the primacy of the information contained in the higher-order moments of cross-section distribution of sectoral price changes. We propose that policy authorities should make proper use of all of the valuable information available, particularly those embodied in the distribution of sectoral prices.","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.60","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72797000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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

Gender diversity and patent quality: Evidence from Chinese patent data 性别多样性与专利质量：来自中国专利数据的证据

4区经济学

International Studies of Economics Pub Date : 2023-06-07 DOI: 10.1002/ise3.54

Zhijie Zhang, Qingqing Zong

引用次数: 0

Open doors: The impact of border reforming and opening policies on the regional border economies of China 开放的大门：边境改革开放政策对中国区域边境经济的影响

4区经济学

International Studies of Economics Pub Date : 2023-05-24 DOI: 10.1002/ise3.53

Xiekui Zhang, Xinfeng Zuo, Xinjian Chen

{"title":"Open doors: The impact of border reforming and opening policies on the regional border economies of China","authors":"Xiekui Zhang, Xinfeng Zuo, Xinjian Chen","doi":"10.1002/ise3.53","DOIUrl":"10.1002/ise3.53","url":null,"abstract":"The openness and security of a country's borders is a matter of concern for countries worldwide. Since its reform and opening up in 1978, China has implemented reforming and opening policies in border regions, as represented by the “Xingbian Fumin Xingdong” (Revitalize Border Areas and Enrich Residents' Lives Policy [RBAERL Policy]) to achieve economic prosperity and stability. This study evaluated the impacts of the RBAERL policy in terms of outcomes related to county-level economic growth in China's border regions. Using China's county-level panel data from 1999 to 2016, we applied a spatial discontinuity design with the geographical boundary serving as the running variable. We found that the RBAERL policy contributed significantly to the economic growth of the border counties. These results were shown to be robust when measured against a series of test procedures. Through a by-segment analysis of the border regions, we found that the policy had the strongest effect in northeastern China. Further mechanism analysis showed that the effect of per capita GDP growth primarily resulted from the expansion of the industrial sector along with physical and human capital investment rather than the promotion of employment and the growth of total factor productivity. The findings of this study can provide references for the importance of open borders for economic development and national security.","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.53","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74101513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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

Cross-affiliation collaboration and power laws for research output of institutions: Evidence and theory from top three finance journals 跨机构合作与机构研究成果的幂律：来自三大金融期刊的证据和理论

4区经济学

International Studies of Economics Pub Date : 2023-04-17 DOI: 10.1002/ise3.52

Hui Dong, Dan Luo, Xudong Zeng, Zhentao Zou

引用次数: 0

“One Belt One Road” and women development "一带一路 "与妇女发展

4区经济学

International Studies of Economics Pub Date : 2023-04-06 DOI: 10.1002/ise3.50

Mingying Zhu, Zhiren Hu

{"title":"“One Belt One Road” and women development","authors":"Mingying Zhu, Zhiren Hu","doi":"10.1002/ise3.50","DOIUrl":"10.1002/ise3.50","url":null,"abstract":"Women have become “the source of prosperity and vitality” through their active participation in national economic development. This paper provides the first study to explore the impact of the “One Belt One Road” initiative (Belt and Road Initiative [BRI]) on women's development, which is mainly indicated by gender inequality index (GII). We adopt the difference-in-difference method for Asia–Europe regions from 2010 to 2019, and the propensity score matching method is further supplemented for refining the control group. The result suggests a robust negative effect of the BRI on gender inequality, and the decrease in GII caused by the BRI accounts for 33.01%. In addition, a deeper analysis is performed on subindices from multiple dimensions. We find that there has been a significant decrease in maternal mortality due to the policy. Besides, the female population has a larger increase in secondary education compared with men. Moreover, a clear labour shift has been found from family and agricultural labour to high-value-added industries and services. The BRI also helps improve the unfavourable condition in backward countries, which is conducive to narrowing the gap in women's development among countries along the route.","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.50","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81749902","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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

Estimation of misreporting probability in corporate credit rating: A nonparametric approach 企业信用评级误报概率的非参数估计

4区经济学

International Studies of Economics Pub Date : 2023-03-27 DOI: 10.1002/ise3.51

Ruichang Lu, Yao Luo, Ruli Xiao

引用次数: 0

Monetary economy and budget deficit in endogenous growth model 内生增长模型中的货币经济和预算赤字

4区经济学

International Studies of Economics Pub Date : 2023-03-21 DOI: 10.1002/ise3.49

Yasuhito Tanaka

{"title":"Monetary economy and budget deficit in endogenous growth model","authors":"Yasuhito Tanaka","doi":"10.1002/ise3.49","DOIUrl":"10.1002/ise3.49","url":null,"abstract":"By an endogenous growth model with two-period overlapping generations structure and money holding of consumers, we examine the existence of budget deficit in an economy which endogenously grows by investments of firms. The main results are as follows. (1) Budget deficit is necessary for full employment under constant prices. (2) Inflation is induced if the actual budget deficit is greater than the value at which full employment is achieved under constant prices. (3) If the actual budget deficit is smaller than the value which is necessary and sufficient for full employment under constant prices, a recession occurs. Therefore, balanced budget cannot achieve full employment under constant prices. We do not assume that budget deficit must later be made up by budget surplus. This paper is an example of an analysis using a very simple model of the following statement by John Maynard Keynes.“Unemployment develops, that is to say, because people want the moon;—men cannot be employed when the object of desire (i.e. money) is something which cannot be produced and the demand for which cannot be readily choked off. There is no remedy but to persuade the public that green cheese is practically the same thing and to have a green cheese factory (i.e. a central bank) under public control.”In the appendix of this paper, we show that if money as well as goods are produced by capital and labor, budget deficit is not necessary for full employment under constant prices.","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.49","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72647995","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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: 1

Local officials' political capital and poverty alleviation 地方官员的政治资本与扶贫

4区经济学

International Studies of Economics Pub Date : 2023-03-01 DOI: 10.1002/ise3.46

Shubin Wang, Qiang Li, Yan Gu

引用次数: 0

Health insurance coverage and marriage behavior: Is there evidence of marriage lock? 健康保险覆盖范围与婚姻行为：是否存在婚姻锁定的证据？

4区经济学

International Studies of Economics Pub Date : 2023-02-27 DOI: 10.1002/ise3.45

Tianxu Chen

引用次数: 3