Economia Politica最新文献

Political economy of immigration policy: direct versus indirect political influence 移民政策的政治经济学：直接与间接的政治影响

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-08-27 DOI: 10.1007/s40888-024-00342-1

Louis Jaeck

引用次数: 0

Induced innovation, the distributive cycle, and the changing pattern of labour productivity cyclicality: an SVAR analysis for the US economy 诱导创新、分配周期和劳动生产率周期性变化模式：对美国经济的 SVAR 分析

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-08-22 DOI: 10.1007/s40888-024-00340-3

Marco Stamegna

引用次数: 0

How well do couples know their partners’ preferences? Experimental evidence from joint recreation 夫妻对伴侣喜好的了解程度如何？来自共同娱乐的实验证据

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-08-17 DOI: 10.1007/s40888-024-00346-x

David Boto-García, Petr Mariel

引用次数: 0

Education-Job mismatch, earnings and worker’s satisfaction in African labor market: evidence from Cameroon 非洲劳动力市场中的教育-工作错配、收入和工人满意度：来自喀麦隆的证据

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-08-16 DOI: 10.1007/s40888-024-00345-y

Issofou Njifen

{"title":"Education-Job mismatch, earnings and worker’s satisfaction in African labor market: evidence from Cameroon","authors":"Issofou Njifen","doi":"10.1007/s40888-024-00345-y","DOIUrl":"https://doi.org/10.1007/s40888-024-00345-y","url":null,"abstract":"Job mismatch such as underemployment is a major characteristic of African labor markets. However, in some countries, the effect of skills’ (under)utilization on earning and job satisfaction is at this point not clear. This study aims to analyze the education-job mismatch effects on earnings and job satisfaction in Cameroon, by using data on wage employment provided by the National Institute of Statistics. To achieve it, the augmented Mincer’s model inspired by Verdugo & Verdugo’s approach is estimated by using the ordinary least squares with robust standard errors and the quantile regression technique. The estimator employs a control function approach to simultaneously account for endogeneity and double selection biases. Furthermore, the Probit with double sample selection is estimated to gauge the educational mismatch effect on job satisfaction. Results show that overeducation is associated with wage deprivation while undereducation generates a wage premium. These effects both differ for formal and informal workers and vary along the wage distribution. Compared to well-matched workers, overeducated and underemployed workers are less satisfied whereas undereducated workers are more satisfied with their job. However, the pattern of variation in terms of job satisfaction differs for formal and informal workers.","PeriodicalId":44858,"journal":{"name":"Economia Politica","volume":"11 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142202314","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 role of tourism in reducing economic inequalities: the case of Italy 旅游业在减少经济不平等方面的作用：意大利的案例

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-08-16 DOI: 10.1007/s40888-024-00344-z

Niccolò Comerio, Fausto Pacicco

引用次数: 0

Emission trading in a high dimensional context: to what extent are carbon markets integrated with the broader system? 高维度背景下的排放权交易：碳市场在多大程度上与更广泛的系统相融合？

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-08-02 DOI: 10.1007/s40888-024-00341-2

Marco Quatrosi

引用次数: 0

Master’s degree studies and its impact on vertical and horizontal mismatch in Spain 在西班牙攻读硕士学位及其对纵向和横向错配的影响

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-07-25 DOI: 10.1007/s40888-024-00339-w

Gabriela Morejón Cabrera, Petr Mariel

{"title":"Master’s degree studies and its impact on vertical and horizontal mismatch in Spain","authors":"Gabriela Morejón Cabrera, Petr Mariel","doi":"10.1007/s40888-024-00339-w","DOIUrl":"https://doi.org/10.1007/s40888-024-00339-w","url":null,"abstract":"The goal of this study is to analyse the vertical and horizontal mismatches of graduates in the Spanish labour market focusing on the effect that a master’s degree has in each of these two mismatches. The analysis is based on the data from the Survey on the Labour Insertion of University Graduates carried out by the Spanish Statistical Office in 2019. The main conclusions stress the importance of vertical and horizontal mismatches in the Spanish labour market. The results of the quantitative analysis based on the binary and ordered logit indicate that the master’s degree can reduce the vertical mismatch. Moreover, a wider offer of master’s degrees in some fields such as health could reduce the horizontal mismatch. Eventually, some policy measures to reduce the two mismatches are proposed. To the best of our knowledge, this is the first study to analyse both horizontal and vertical job-education mismatches among Spanish graduates, including those with a Master's degree. Thus, this study is pioneering in assessing the impact of Master's degrees in reducing educational mismatches. In addition, it shows how the likelihood of these mismatches changes with increasing work experience.","PeriodicalId":44858,"journal":{"name":"Economia Politica","volume":"26 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141769583","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

Monetary-fiscal policies design and financial shocks in currency unions 货币联盟的货币-财政政策设计与金融冲击

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-07-18 DOI: 10.1007/s40888-024-00337-y

Salvatore Capasso, Pasquale Foresti

引用次数: 0

Primary surplus dynamics and fiscal sustainability in sub-saharan African countries 撒哈拉以南非洲国家的基本盈余动态和财政可持续性

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-07-11 DOI: 10.1007/s40888-024-00336-z

Gabriel Temesgen Woldu, Izabella Szakálné Kanó

{"title":"Primary surplus dynamics and fiscal sustainability in sub-saharan African countries","authors":"Gabriel Temesgen Woldu, Izabella Szakálné Kanó","doi":"10.1007/s40888-024-00336-z","DOIUrl":"https://doi.org/10.1007/s40888-024-00336-z","url":null,"abstract":"The study analyzes the Bohn (2007) sustainability test, allowing for a quadratic fiscal reaction function to public debt levels over the period 2000–2019 for 40 countries in sub-Saharan Africa (SSA), employing a dynamic panel threshold model and other alternative estimation methods to investigate the reaction of fiscal policy and Dumitrescu–Hurlin Granger causality to identify potential causality linkages between government spending and revenue. Fiscal policy is found to follow a debt-stabilizing rule at a low to moderate level; however, fiscal responsiveness weakens when public debt to GDP ratio exceeds 55%, indicating that the use of primary surplus as an instrument to contain debt is insufficient when debt goes above the threshold, therefore jeopardizing the efficacy of fiscal retrenchments as an instrument to achieve sustainable debt reduction in SSA countries. The Dumitrescu–Hurlin result suggests a unidirectional flow from expenditure to revenue in SSA countries, implying that an increase in government spending has a substantial impact on widening fiscal imbalances and escalating debt levels within the SSA countries. Hence, governments in SSA countries should guarantee that public debt management strategies are in line with the public debt threshold to enhance fiscal sustainability. Considering these findings, this study highlights the importance of prudent fiscal management incorporating measures such as structural reforms, targeted investments, and prudent debt management strategies in SSA countries.","PeriodicalId":44858,"journal":{"name":"Economia Politica","volume":"168 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141587291","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

Dangerous liaisons across levels of government in an emergency 在紧急情况下跨级政府的危险联络员

IF 1.8 4区经济学

Economia Politica Pub Date : 2024-06-27 DOI: 10.1007/s40888-024-00338-x

Floriana Cerniglia, Riccarda Longaretti, Alberto Zanardi

{"title":"Dangerous liaisons across levels of government in an emergency","authors":"Floriana Cerniglia, Riccarda Longaretti, Alberto Zanardi","doi":"10.1007/s40888-024-00338-x","DOIUrl":"https://doi.org/10.1007/s40888-024-00338-x","url":null,"abstract":"In this paper, we develop a theoretical model to evaluate the re-centralization of public procurement in an emergency under different collective choice mechanisms. We show that the equilibrium degree of centralization is the result of the interplay of three forces: (i) an “efficiency gain” effect, that works in favour of full centralization, since central government is likely to be more efficient than regional governments in purchasing goods on the market, and (ii) “dangerous liaisons” across levels of government, that work against centralization, because of (ii.a) the central government’s willingness to scapegoat failures on regional governments (“blame effect”), and (ii.b) the regional governments’ shame in delegating to the centre (“shame effect”). We have used the model to interpret the change in the governance of public procurement in Italy during the COVID-19 crisis. In fact, Italy, likewise many other countries around the world, responded to COVID-19 emergency with a mixed bag of centralized and decentralized measures that most likely reflected the particular ways in which politicians assumed blame and shame would work at different stages of the pandemic rather than their considerations on efficiency.","PeriodicalId":44858,"journal":{"name":"Economia Politica","volume":"157 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141507832","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