Research in Economics最新文献_第10页

The media coverage of antitrust enforcement: Evidence from Italy 反垄断执法的媒体报道:来自意大利的证据

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/j.rie.2023.06.001

Andrea Mangani, Karina Ramazanova

{"title":"The media coverage of antitrust enforcement: Evidence from Italy","authors":"Andrea Mangani, Karina Ramazanova","doi":"10.1016/j.rie.2023.06.001","DOIUrl":"10.1016/j.rie.2023.06.001","url":null,"abstract":"<div><p>This paper studies the media coverage of the antitrust proceedings completed by the Italian Antitrust Authority between 1994 and 2019. The empirical analysis considers the news on antitrust investigations published in the top Italian newspapers by circulation. The data reveal that the newspapers favor the conclusion (against the start) of proceedings, antitrust cases regarding immaterial services and investigations that establish a violation of antitrust law. In addition, the probability of media coverage increases if foreign firms are involved in cartel proceedings. While the press equally covers cartels and abuses, the imposition of unfair conditions is the most mentioned antitrust offense. These results are important for the public dimension of antitrust law and antitrust enforcement. An unbiased media coverage of antitrust enforcement can in fact foster the crucial collaboration of third parties in reporting alleged antitrust infringements. In addition, policymakers can draw crucial information from completed antitrust investigations and consider the possible regulation, deregulation or re-regulation of industries and companies frequently involved in the antitrust cases.</p></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"77 3","pages":"Pages 334-348"},"PeriodicalIF":0.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42369719","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Editorial Board/Copyright 编委会/版权

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/S1090-9443(23)00051-0

引用次数: 0

The importance of positional mobility for regional comparisons 位置流动性对区域比较的重要性

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/j.rie.2023.05.004

Luis Monroy-Gómez-Franco

引用次数: 0

Does monetary policy really matter for environmental protection? The case of inflation targeting 货币政策对环境保护真的重要吗？通货膨胀目标的情况

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/j.rie.2023.06.004

Christophe Martial MBASSI , Suzanne Edwige Clarisse HYOBA , Muhammad SHAHBAZ

{"title":"Does monetary policy really matter for environmental protection? The case of inflation targeting","authors":"Christophe Martial MBASSI , Suzanne Edwige Clarisse HYOBA , Muhammad SHAHBAZ","doi":"10.1016/j.rie.2023.06.004","DOIUrl":"10.1016/j.rie.2023.06.004","url":null,"abstract":"<div><p><span>Empirical work examining the role of monetary policy on environmental issues are rather scarce. This study examines how inflation targeting (IT) relates to environmental pollution in samples of 22 Developed Market Economies (DMEs) and 25 Emerging Market Economies (EMEs) over the period 1980–2017. Using a parametric approach (two-step system-generalized method of moments), we find that IT significantly reduces emissions of polluting gases, specifically carbon dioxide (CO</span><sub>2</sub>), nitrous oxide (N<sub>2</sub>O), methane (CH<sub>4</sub><span>), and total greenhouse gases (GHG) in DMEs and EMEs. In order to take into account, the existence of a potential self-selection bias in the adoption of IT, we subsequently resorted to a non-parametric approach, namely propensity score matching<span>. The results confirm those obtained in the parametric approach. Then, using structural equation modeling, we find that IT reduces environmental pollution mainly through the financial instability channel. In addition, based on the insights from the recent literature, we test the moderating role of financial development and financial stability. The results indicate that these variables reduce the “green effect” of IT. Ultimately, our findings provide an interesting empirical basis for policymakers to help them build a sound macroeconomic and financial framework that promotes more environmentally friendly financial behaviors.</span></span></p></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"77 3","pages":"Pages 427-452"},"PeriodicalIF":0.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42300664","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Organizational structure and technological investment revisited: An explanation based on the property rights approach 重新审视组织结构和技术投资：基于产权法的解释

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/j.rie.2023.06.006

Kojun Hamada

引用次数: 0

Reputation for competence in a cheap-talk setting 在廉价谈话环境中以能力著称

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/j.rie.2023.05.001

Georgy Lukyanov

引用次数: 0

Risk preferences, global market conditions and foreign debt: Is there any role for the currency composition of FX reserves? 风险偏好、全球市场状况和外债：外汇储备的货币构成有什么作用吗？

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/j.rie.2023.06.007

Lebogang Mateane

引用次数: 1

Stabilization of supply shocks in a structurally heterogeneous monetary union✰ 结构性异质货币联盟中供应冲击的稳定✰

IF 0.6

Research in Economics Pub Date : 2023-09-01 DOI: 10.1016/j.rie.2023.06.005

Séverine MENGUY

{"title":"Stabilization of supply shocks in a structurally heterogeneous monetary union✰","authors":"Séverine MENGUY","doi":"10.1016/j.rie.2023.06.005","DOIUrl":"10.1016/j.rie.2023.06.005","url":null,"abstract":"<div><p>The paper provides accurate theoretical results regarding the consequences of heterogeneities between the preferences or between the structural parameters of the member countries of a monetary union on monetary and fiscal policies, and on the stabilization of economic activity and inflation, in case of supply shocks. Economic activity and inflation are higher (smaller) in a country affected by a positive (negative) symmetric or asymmetric supply shock, despite the more contractionary (expansionary) fiscal policy in this country. In this context, we find that monetary unification could be more painful for a country with a small preference for stabilizing the budget deficit or economic activity, and on the contrary with a high preference for stabilizing inflation. Besides, regarding structural heterogeneities, monetary unification could be more painful for a country with strong transmission mechanisms of monetary policy or with a small budget multiplier. Membership in a monetary union could also be more painful for a country with a high (if the shock is symmetric) or small (if the shock is asymmetric) sensitivity of national prices to foreign prices. Regarding symmetric supply shocks, it could also be more painful for a country with a high sensitivity of national prices to national economic activity, or with a small sensitivity of its demand to foreign activity.</p></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"77 3","pages":"Pages 362-389"},"PeriodicalIF":0.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47833768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Labor market impacts of state-level occupational licensing of undocumented immigrants 无证移民的国家级职业许可对劳动力市场的影响

IF 0.6

Research in Economics Pub Date : 2023-08-27 DOI: 10.1016/j.rie.2023.08.001

Xin Brown

{"title":"Labor market impacts of state-level occupational licensing of undocumented immigrants","authors":"Xin Brown","doi":"10.1016/j.rie.2023.08.001","DOIUrl":"10.1016/j.rie.2023.08.001","url":null,"abstract":"<div><p>Since 2015, several U.S. states have begun granting professional or occupational licenses to recipients of the Deferred Action for Childhood Arrivals (DACA) program. In this study, we examine the differences in the issuance of such licenses at the state level to estimate their effect on the labor market outcomes of DACA recipients. Using data from the Current Population Survey spanning the period from 2012 to 2020, we find that granting access to occupational licensing has had a significant positive impact on the wages of DACA recipients, raising them by 12.5 percent. We also observe that this wage premium is greater for male recipients than for female ones. Furthermore, we find that the wage premium and increased hours of work resulting from access to licenses are most pronounced for recipients over 24 years of age who have completed their formal education and have already established their careers. These findings suggest that access to occupational licenses can improve the labor market outcomes of Dreamers. Therefore, expanding access to public benefits, such as licensing, can substantially benefit DACA recipients in states where such access has been broadened.</p></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"77 4","pages":"Pages 478-496"},"PeriodicalIF":0.6,"publicationDate":"2023-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45070010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The effects of firm performance on CEO compensation and CEO pay ratio before and during COVID-19 COVID-19前和期间企业绩效对CEO薪酬和CEO薪酬比率的影响

IF 0.6

Research in Economics Pub Date : 2023-07-26 DOI: 10.1016/j.rie.2023.07.002

Ryan Ye , Yanan Chen , Kyle A. Kelly

引用次数: 0