发布求助
文献互助 智能选刊 最新文献

Economica最新文献

筛选
英文 中文
Nudging women towards pursuing their university careers 推动女性追求大学生涯
IF 1.6 3区 经济学
Economica Pub Date : 2025-03-25 DOI: 10.1111/ecca.12577
Juliana Bernhofer, Luca Bonacini, Giuseppe Pignataro
{"title":"Nudging women towards pursuing their university careers","authors":"Juliana Bernhofer,&nbsp;Luca Bonacini,&nbsp;Giuseppe Pignataro","doi":"10.1111/ecca.12577","DOIUrl":"https://doi.org/10.1111/ecca.12577","url":null,"abstract":"<p>This study explores the impact of light-touch interventions on the academic outcomes of female scholarship recipients. In a randomized trial involving nearly 2000 students at the University of Bologna, we delivered a targeted message highlighting how higher education can reduce the gender gap in the labour market, and boost employment prospects. The nudge increased the likelihood of meeting scholarship requirements by nearly 5 percentage points, alongside significant gains in passing exams with higher credit values, and a reduction in failed exams in the medium term, with no short-term effects. Notably, there was an improvement in grades during the July/August exam period, reflecting a shift towards prioritizing quality over quantity in academic efforts, even though grades were not part of the requirements for maintaining scholarships. Treated students exhibited enhanced academic focus and more strategic study habits, without increasing overall exam load. These findings highlight the potential of cost-effective informational nudges to drive meaningful changes for women facing financial and informational barriers, providing valuable insights for policies designed to support female students. The results emphasize the importance of well-timed informational interventions in helping women to make informed decisions about their education, ultimately enhancing their academic success and long-term economic prospects.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 367","pages":"883-919"},"PeriodicalIF":1.6,"publicationDate":"2025-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecca.12577","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144256527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Talent allocation, gender disparities and post-reform economic growth in Central America 人才分配、性别差异与改革后的中美洲经济增长
IF 1.6 3区 经济学
Economica Pub Date : 2025-03-15 DOI: 10.1111/ecca.12575
Rishabh Sinha
{"title":"Talent allocation, gender disparities and post-reform economic growth in Central America","authors":"Rishabh Sinha","doi":"10.1111/ecca.12575","DOIUrl":"https://doi.org/10.1111/ecca.12575","url":null,"abstract":"<p>From 1995 to 2015, Costa Rica, El Salvador and Panama underwent significant labour market transformations, particularly in the occupational distribution and participation of women. This paper examines these shifts through an occupational choice model, focusing on three key frictions affecting efficient talent allocation: labour market discrimination, barriers to human capital accumulation, and restrictive social norms. The findings reveal that improved talent allocation drove economic growth in Costa Rica and Panama, primarily due to reductions in barriers to human capital accumulation. In contrast, labour market discrimination intensified, supporting the retaliatory hypothesis and creating headwinds for growth. The aggregate effects in El Salvador are relatively mild and noisy, making it difficult to pin down the impact qualitatively. Nonetheless, prevailing social norms around market work have precipitated sharply in El Salvador for both genders, creating a significant impediment to growth.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 367","pages":"848-882"},"PeriodicalIF":1.6,"publicationDate":"2025-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144256604","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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 consumer sentiment in the transmission of monetary policy to consumer expenditure 消费者情绪在货币政策传导到消费者支出中的作用
IF 1.6 3区 经济学
Economica Pub Date : 2025-03-12 DOI: 10.1111/ecca.12576
Viet Hoang Dinh
{"title":"The role of consumer sentiment in the transmission of monetary policy to consumer expenditure","authors":"Viet Hoang Dinh","doi":"10.1111/ecca.12576","DOIUrl":"https://doi.org/10.1111/ecca.12576","url":null,"abstract":"<p>This paper shows that changes in consumer sentiment play a quantitatively important role in the transmission of monetary policy on economic activity. Specifically, the paper's empirical estimates indicate that changes in short-term consumer sentiment may very well double the negative responses of consumer expenditure to contractionary monetary policy shocks. In contrast, long-term consumer sentiment plays only a minimal role in the propagation of monetary policy shocks into consumer expenditure.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 367","pages":"823-847"},"PeriodicalIF":1.6,"publicationDate":"2025-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecca.12576","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144256499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Health risks and labour supply: evidence from the COVID-19 pandemic 健康风险和劳动力供应：来自COVID-19大流行的证据
IF 1.6 3区 经济学
Economica Pub Date : 2025-03-07 DOI: 10.1111/ecca.12574
Joseph Richardson
{"title":"Health risks and labour supply: evidence from the COVID-19 pandemic","authors":"Joseph Richardson","doi":"10.1111/ecca.12574","DOIUrl":"https://doi.org/10.1111/ecca.12574","url":null,"abstract":"<p>This paper explores the relationship between health risks from COVID-19 and UK labour supply, using pre-existing conditions as a source of variation in COVID-19 health risk. We find that those with pre-existing conditions were less likely to work during the pandemic after controlling for a rich set of covariates, including labour supplied pre-pandemic, but only when remote work was unavailable. This relationship begins by April 2020, persists through to September 2021, and shows signs of fading after COVID-19 risks had fallen in 2022. Our results are strong enough to explain a 1–1.5 percentage point drop in employment during the pandemic. Placebo tests confirm that our estimates do not reflect labour demand shocks, and that a negative relationship between pre-existing conditions and labour supplied, conditional upon the covariates, did not exist pre-pandemic.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 367","pages":"959-978"},"PeriodicalIF":1.6,"publicationDate":"2025-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecca.12574","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144256064","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Supply shortages and inflation in Europe 欧洲的供应短缺和通货膨胀
IF 1.6 3区 经济学
Economica Pub Date : 2025-02-21 DOI: 10.1111/ecca.12573
Jakub Mućk, Łukasz Postek
{"title":"Supply shortages and inflation in Europe","authors":"Jakub Mućk,&nbsp;Łukasz Postek","doi":"10.1111/ecca.12573","DOIUrl":"https://doi.org/10.1111/ecca.12573","url":null,"abstract":"<p>This paper contributes to the literature by quantifying the effects of supply shortages on inflation in 19 European economies. In contrast to many other papers, it focuses on factual country-specific shortages in materials and equipment reported by enterprises in the business surveys conducted by the European Commission rather than supply chain tensions that are measured only globally or for some major economies. We apply the local projections method in a panel framework, and estimate the responses of nine measures of consumer and producer inflation to supply shortages. We find that supply shortages are inflationary for all considered measures of inflation, and a larger effect can be observed for the inflation of prices of goods rather than services. The peak of impulse responses can be observed 4–6 quarters after a shock, while the effect usually dies out after 8–12 quarters. After a year, a one-standard-deviation shock in supply shortages is followed by annual inflation being higher by 0.7–3.4 percentage points, depending on the inflation measure. Interestingly, the inflationary effects of supply shortages seem to be related mainly to periods of intense global supply tensions.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 366","pages":"420-456"},"PeriodicalIF":1.6,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143554968","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Cui prodest? A firm-level analysis of hiring credits 崔刺激吗?公司层面的雇佣信用分析
IF 1.6 3区 经济学
Economica Pub Date : 2025-02-07 DOI: 10.1111/ecca.12572
Edoardo Santoni, Fabrizio Patriarca, Margherita Scarlato
{"title":"Cui prodest? A firm-level analysis of hiring credits","authors":"Edoardo Santoni,&nbsp;Fabrizio Patriarca,&nbsp;Margherita Scarlato","doi":"10.1111/ecca.12572","DOIUrl":"https://doi.org/10.1111/ecca.12572","url":null,"abstract":"<p>In the aftermath of the Great Recession, hiring credits have become popular worldwide. The empirical literature shows positive but moderate effects of such interventions on employment. However, an in-depth analysis of the characteristics of the beneficiary firms and their wage-setting policies is still lacking. By using a linked employer–employee dataset, this paper presents a firm-level analysis of a three-year employer-borne payroll tax cut for permanent hirings introduced in Italy in 2015. After estimating firm and worker fixed effects through the standard AKM model, we show that the take-up of hiring credits is significantly higher for firms that pay lower wages, are less productive, employ workers with lower mean abilities, and have a lower retention rate. This result is robust to several specifications and stratifications of the sample, and provides a further and different perspective from which to question the use of active labour market policies based on employer-borne payroll tax cuts.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 366","pages":"580-613"},"PeriodicalIF":1.6,"publicationDate":"2025-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecca.12572","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143555084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Quantifying the Federal Reserve's objectives using a structural vector autoregressive model 用结构向量自回归模型量化美联储的目标
IF 1.6 3区 经济学
Economica Pub Date : 2025-02-04 DOI: 10.1111/ecca.12571
Shengliang Ou, Donghai Zhang
{"title":"Quantifying the Federal Reserve's objectives using a structural vector autoregressive model","authors":"Shengliang Ou,&nbsp;Donghai Zhang","doi":"10.1111/ecca.12571","DOIUrl":"https://doi.org/10.1111/ecca.12571","url":null,"abstract":"<p>The objective of the Federal Reserve (the Fed), namely, its dovish stance, is often blamed for the so-called Great Inflation. A popular proxy for the Fed's dovish stance is constructed using the inflation coefficients in estimated Taylor rules. However, for a welfare-optimizing central bank, the estimated Taylor coefficients are not sufficient for inferring its underlying preference. We quantify the Fed's objective—the targeting rule—relying on a conditional estimator that is free of the classical simultaneity problem. We discover that the Fed's targeting rule remained stable during the pre- and post-Volcker periods—the opposite of what is implied through a Taylor rule estimation.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 366","pages":"351-367"},"PeriodicalIF":1.6,"publicationDate":"2025-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecca.12571","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143554198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
The effects of a disability employment quota when compliance is cheaper than defiance 当服从比反抗更便宜时，残疾人就业配额的影响
IF 1.6 3区 经济学
Economica Pub Date : 2025-01-24 DOI: 10.1111/ecca.12568
Judit Krekó, Álmos Telegdy
{"title":"The effects of a disability employment quota when compliance is cheaper than defiance","authors":"Judit Krekó,&nbsp;Álmos Telegdy","doi":"10.1111/ecca.12568","DOIUrl":"https://doi.org/10.1111/ecca.12568","url":null,"abstract":"<p>This paper evaluates the effects of the Hungarian disability employment quota, which requires firms over a size threshold to employ individuals with disabilities or pay a non-compliance tax. In 2010, the tax was raised from very low levels to 170% of the minimum wage cost associated with meeting the quota. We employ a regression discontinuity design on firm-level data to estimate the effects of the policy and provide a lower-bound estimate to account for the potential bias resulting from firms bunching below the threshold. Firms respond to the quota by hiring 0.24–0.29 additional workers with disabilities, with a lower bound estimate of 0.12–0.17. However, about two-thirds of the quota is not fulfilled, which is puzzling as the tax is higher than the minimum wage cost of a worker with disabilities. Our model shows that high hiring costs associated with employing individuals with disabilities might be an important factor behind this anomaly. We test this hypothesis by showing that the effect is weaker in regions with a low share of individuals with disabilities, implying that without adequate policies targeting the removal of supply-side barriers to the employment of people with disabilities, even strong demand-side financial incentives cannot achieve their goals.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 366","pages":"614-643"},"PeriodicalIF":1.6,"publicationDate":"2025-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143554990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
How digitalization can shape markets: the case of sports betting 数字化如何塑造市场：以体育博彩为例
IF 1.6 3区 经济学
Economica Pub Date : 2025-01-24 DOI: 10.1111/ecca.12570
Jonas Vandenbruaene, Jan Annaert, Marc De Ceuster
{"title":"How digitalization can shape markets: the case of sports betting","authors":"Jonas Vandenbruaene,&nbsp;Jan Annaert,&nbsp;Marc De Ceuster","doi":"10.1111/ecca.12570","DOIUrl":"https://doi.org/10.1111/ecca.12570","url":null,"abstract":"<p>Digitalization has an impact on many vested businesses, decreasing marginal costs and increasing informed customers, among other things. However, measuring the impact of digitalization remains difficult. Betting markets provide a clean setting to estimate the price impact of digitalization, as products are homogeneous and it is easy to measure pricing behaviour. Consistent with mixed strategy models under imperfect information, we show that between 2000 and 2023, transaction costs for gamblers dropped by over 60%, although transaction-cost dispersion persists. Furthermore, we also find that betting markets became more informationally efficient over this period, with a significant decrease in the favourite–longshot bias.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 366","pages":"644-673"},"PeriodicalIF":1.6,"publicationDate":"2025-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143554991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Zombie firms, state subsidies and aggregate productivity 僵尸企业、国家补贴和总生产率
IF 1.6 3区 经济学
Economica Pub Date : 2025-01-21 DOI: 10.1111/ecca.12569
Xijie Gao
{"title":"Zombie firms, state subsidies and aggregate productivity","authors":"Xijie Gao","doi":"10.1111/ecca.12569","DOIUrl":"https://doi.org/10.1111/ecca.12569","url":null,"abstract":"<p>Using firm-level data from the manufacturing sector in China, I document that zombie firms are larger and less productive, and receive higher subsidy rates on average. The difference in subsidy rates between zombies and non-zombies reflects both the selection criteria of zombies and the underlying joint distribution of subsidy rate and productivity. I develop a model with heterogeneous firms to quantify the impact of zombies on aggregate productivity. Quantitative exercises show that while both policies—reducing subsidy dispersion and facilitating zombie exits—effectively reduce the zombie rate, the former yields greater productivity gains.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"92 366","pages":"507-547"},"PeriodicalIF":1.6,"publicationDate":"2025-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143554969","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
首页 上一页 下一页 尾页
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
现在去查看 取消
×
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
小红书