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Introduction to the special issue on market power: A search-theoretic approach 市场支配力专刊导论：一个搜索理论的方法
IF 2.3 2区 经济学
European Economic Review Pub Date : 2026-09-01 Epub Date: 2026-08-01 DOI: 10.1016/j.euroecorev.2026.105451
Sephorah Mangin, Nicolas Petrosky-Nadeau, Petr Sedlacek, Shengxing Zhang
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引用次数: 0
Editorial: Europe in a changing world: Resilience, industrial policy, and the political economy of fragmentation 社论：变化世界中的欧洲：韧性、产业政策和分裂的政治经济
IF 2.3 2区 经济学
European Economic Review Pub Date : 2026-08-01 Epub Date: 2026-07-02 DOI: 10.1016/j.euroecorev.2026.105420
Gianmarco I.P. Ottaviano
{"title":"Editorial: Europe in a changing world: Resilience, industrial policy, and the political economy of fragmentation","authors":"Gianmarco I.P. Ottaviano","doi":"10.1016/j.euroecorev.2026.105420","DOIUrl":"10.1016/j.euroecorev.2026.105420","url":null,"abstract":"","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"188 ","pages":"Article 105420"},"PeriodicalIF":2.3,"publicationDate":"2026-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148634325","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Editorial: A family perspective on education, health, and gender 社论：家庭对教育、健康和性别的看法
IF 2.3 2区 经济学
European Economic Review Pub Date : 2026-08-01 Epub Date: 2026-06-29 DOI: 10.1016/j.euroecorev.2026.105419
Emilia Del Bono, Marco Francesconi, Helmut Reiner, Robert Sauer
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引用次数: 0
The kindness of strangers: Theory and evidence on spatial distance and giving 陌生人的善意：空间距离与给予的理论与证据
IF 2.4 2区 经济学
European Economic Review Pub Date : 2026-04-01 Epub Date: 2026-01-24 DOI: 10.1016/j.euroecorev.2026.105269
James Konow , Leonie Kühl , Nora Szech
{"title":"The kindness of strangers: Theory and evidence on spatial distance and giving","authors":"James Konow ,&nbsp;Leonie Kühl ,&nbsp;Nora Szech","doi":"10.1016/j.euroecorev.2026.105269","DOIUrl":"10.1016/j.euroecorev.2026.105269","url":null,"abstract":"<div><div>Arguments for directing charitable giving to distant beneficiaries for their greater benefits contradict actual charitable donations that go mostly to more proximate beneficiaries. Controlled studies reveal mixed results finding the giving-distance relationship to be direct, inverse, flat, or various combinations of the three. This paper reports a new theory of the distinctive relationship between giving and spatial distance and relevant results from four experimental studies. Two studies vary distances between donors and beneficiaries locally: a field experiment involves local refugees and a laboratory experiment local people in need. Both find significant inverse relationships between giving and spatial distance. Two other studies involve variations at farther distances. One is a laboratory experiment that finds no significant effect of distance, but further analysis suggests that a confounding factor, viz., beneficiary need, contributes to that fact. The other is survey experiment that indicates numerous additional confounding factors in comparisons involving far distances. The experimental results are largely consistent with the predictions of the theory: giving is decreasing in spatial distance, ceteris paribus, and is decreasing in exposure to displaced persons, decreasing in support for beneficiaries from sources external to the experiment (e.g., government aid), increasing in donor intrinsic generosity, and increasing in beneficiary need. We also find qualified support for the hypothesized mediator between spatial distance and giving, moral salience. Together, these results confirm our focus on local distances, indicate the presence of confounding factors over far distances, and offer an explanation to reconcile the conflicting results in the prior literature.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"184 ","pages":"Article 105269"},"PeriodicalIF":2.4,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146078287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Acquisitions, inventors’ turnover, and innovation: Evidence from the pharmaceutical industry 收购、发明者更替和创新：来自制药业的证据
IF 2.4 2区 经济学
European Economic Review Pub Date : 2026-04-01 Epub Date: 2026-01-18 DOI: 10.1016/j.euroecorev.2026.105263
Carmine Ornaghi , Lorenzo Cassi
{"title":"Acquisitions, inventors’ turnover, and innovation: Evidence from the pharmaceutical industry","authors":"Carmine Ornaghi ,&nbsp;Lorenzo Cassi","doi":"10.1016/j.euroecorev.2026.105263","DOIUrl":"10.1016/j.euroecorev.2026.105263","url":null,"abstract":"<div><div>This paper examines the relationship between the post-merger decline in patenting among pharmaceutical firms, as observed in previous firm-level studies, and the following individual-level dynamics: (i) the exit of inventors from the innovation market, (ii) the departure of inventors from target firms to other research labs, and (iii) a decline in the innovative output of inventors who remain within the acquired firms. Using a large sample of target companies, we estimate that acquisitions are associated with an increase in exit rates of inventors between 7.6 and 17.5 percentage points and of their departure rates ranging from 12.2 to18.9 percentage points. We find similar results are obtained for large and small deals and that top inventors of targets are also more likely to exit or to leave when an acquisition takes place. Our results show that, for each inventor that exits the innovation market, around 2 patents are foregone, representing more than 30 percent loss of the expected output these scientists could have produced over their careers. Inventors who relocate to a different lab also generate 2 fewer patents compared to similar control scientists, representing a 30 percent decrease in their productivity too. Finally, inventors that stay at the acquired targets also experience a decrease in output of nearly one fewer patent. These results point to a significant decline in both human capital and consumer welfare, which call for a closer scrutiny of M&amp;As.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"184 ","pages":"Article 105263"},"PeriodicalIF":2.4,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146038705","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Trusting machines with morality — Delegating moral decisions to AI 信任有道德的机器——将道德决策委托给人工智能
IF 2.4 2区 经济学
European Economic Review Pub Date : 2026-04-01 Epub Date: 2026-01-08 DOI: 10.1016/j.euroecorev.2025.105255
Nicola Hüholt, Nora Szech
{"title":"Trusting machines with morality — Delegating moral decisions to AI","authors":"Nicola Hüholt,&nbsp;Nora Szech","doi":"10.1016/j.euroecorev.2025.105255","DOIUrl":"10.1016/j.euroecorev.2025.105255","url":null,"abstract":"<div><div>Research suggests that individuals are generally skeptical about the use of artificial intelligence (AI) in moral contexts, favoring human decision-makers over AI. Yet, in two experiments involving a total of 5639 participants, we find that individuals facing a real-life moral decision delegate significantly more often when they can delegate to AI rather than to a human counterpart. This result highlights AI’s relative appeal as a moral delegate, indicating that individuals’ preferences for AI’s involvement change when they themselves assume the role of a decision-maker. Responsibility shifting, previously studied as a motive for delegation to humans, extends to AI delegates. Moreover, it appears to be facilitated by individuals adapting their beliefs about AI’s capability in a self-serving manner. Ambiguity surrounding that capability allows them to interpret it in ways that justify delegation. These findings add nuance to assumptions about algorithm aversion in moral domains and raise critical questions about accountability and the ethical implications of relying on AI for morally sensitive decisions.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"184 ","pages":"Article 105255"},"PeriodicalIF":2.4,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146038706","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Corruption, trade liberalization and firm productivity: Evidence from Vietnam 腐败、贸易自由化与企业生产率：来自越南的证据
IF 2.4 2区 经济学
European Economic Review Pub Date : 2026-04-01 Epub Date: 2026-01-20 DOI: 10.1016/j.euroecorev.2026.105264
Chiara Tomasi , Quoc Thai Le
{"title":"Corruption, trade liberalization and firm productivity: Evidence from Vietnam","authors":"Chiara Tomasi ,&nbsp;Quoc Thai Le","doi":"10.1016/j.euroecorev.2026.105264","DOIUrl":"10.1016/j.euroecorev.2026.105264","url":null,"abstract":"<div><div>This paper investigates how corruption influences the gains from trade liberalization. Using firm-level data from Vietnam from 2000 to 2012, which includes the country’s accession to the World Trade Organization (WTO), the analysis provides robust causal evidence, based on fixed effects and instrumental variable estimation techniques, that corruption mitigates the positive impact of tariff reduction on firm productivity. One key mechanism through which corruption may limit productivity is by reducing importing. The paper shows that the likelihood of importing following input tariff cuts is lower for firms in provinces with higher corruption. We examine the broader implications of our firm-level findings and show that, in a counterfactual scenario without corruption, Vietnam’s productivity gains from trade liberalization would have been higher.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"184 ","pages":"Article 105264"},"PeriodicalIF":2.4,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146078286","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Market power and global public goods 市场力量和全球公共产品
IF 2.4 2区 经济学
European Economic Review Pub Date : 2026-04-01 Epub Date: 2026-01-03 DOI: 10.1016/j.euroecorev.2026.105257
Sebastian G. Kessing
{"title":"Market power and global public goods","authors":"Sebastian G. Kessing","doi":"10.1016/j.euroecorev.2026.105257","DOIUrl":"10.1016/j.euroecorev.2026.105257","url":null,"abstract":"<div><div>A global monopoly supplier country of green goods which are essential for the provision of global environmental public goods optimally subsidizes the export of such goods in an interior contribution equilibrium. This is not counterbalanced by an incentive to improve the terms-of-trade, since any price-induced transfers are off-set by contribution adjustments. By the same logic, a subsidy is costless for the monopoly supplier. The existence of a global monopoly supplier increases global public good supply relative to a competitive setting. The incentive to subsidize persists with impure public goods. Import-dependent countries may also benefit from a monopoly supplier. While they are strategically exploited to increase their contributions to the global public good, they do so at lower costs, and they benefit from increased contributions by the other importer countries.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"184 ","pages":"Article 105257"},"PeriodicalIF":2.4,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145927378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Greenflation? Greenflation吗?
IF 2.4 2区 经济学
European Economic Review Pub Date : 2026-04-01 Epub Date: 2025-12-26 DOI: 10.1016/j.euroecorev.2025.105237
Conny Olovsson , David Vestin
{"title":"Greenflation?","authors":"Conny Olovsson ,&nbsp;David Vestin","doi":"10.1016/j.euroecorev.2025.105237","DOIUrl":"10.1016/j.euroecorev.2025.105237","url":null,"abstract":"<div><div>Using a New-Keynesian model with an energy sector, we show that a green transition requires the real price of energy to increase and the real wage to fall. We prove analytically that if energy is not used in production and nominal wages and goods prices are rigid, a flexible energy price and a monetary policy rule that sees through energy-price changes are sufficient for replicating the flex-price allocation. If energy is used, there will be deviations from efficiency. Since energy’s share of income is small, these deviations are marginal unless the carbon tax is raised aggressively and/or monetary policy is ill-suited.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"184 ","pages":"Article 105237"},"PeriodicalIF":2.4,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145885963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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 do beliefs and preferences over jobs affect enrollment in vocational training: Experimental evidence from India 对工作的信仰和偏好如何影响职业培训的入学率：来自印度的实验证据
IF 2.4 2区 经济学
European Economic Review Pub Date : 2026-04-01 Epub Date: 2025-12-29 DOI: 10.1016/j.euroecorev.2025.105238
Apurav Yash Bhatiya , Bhaskar Chakravorty , Clément Imbert , Roland Rathelot
{"title":"How do beliefs and preferences over jobs affect enrollment in vocational training: Experimental evidence from India","authors":"Apurav Yash Bhatiya ,&nbsp;Bhaskar Chakravorty ,&nbsp;Clément Imbert ,&nbsp;Roland Rathelot","doi":"10.1016/j.euroecorev.2025.105238","DOIUrl":"10.1016/j.euroecorev.2025.105238","url":null,"abstract":"<div><div>We survey young job seekers in rural India to understand the determinants of enrollment in a government training program with guaranteed placement into urban jobs. Respondents are over-optimistic: they expect jobs that pay more and are closer to home than actual placement opportunities. We implement an RCT and provide them with objective information on the distribution of placement salaries or job locations. The intervention successfully corrects subjects’ beliefs, which affects their decision to enroll in the program. By revealed preferences, our estimates suggest that job seekers need to be paid 50% more to work outside their home state.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"184 ","pages":"Article 105238"},"PeriodicalIF":2.4,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145885961","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
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