Economic Inquiry最新文献

{"title":"The effect of the anti-corruption campaign in China: Evidence from housing transactions","authors":"Yongqiang Chu,&nbsp;Weida Kuang,&nbsp;Daxuan Zhao","doi":"10.1111/ecin.70002","DOIUrl":"https://doi.org/10.1111/ecin.70002","url":null,"abstract":"<p>Using price discounts government officials receive when buying new housing units as a measure of corruption in China, we examine the effect of the anti-corruption campaign launched by the Xi Jinping administration in 2012. We find that the discounts decrease sharply after the campaign. On the other hand, we find no effect of the campaign on existing housing sales. Furthermore, officials become less likely to purchase housing units with lucky numbers. Overall, the results suggest that the anti-corruption campaign is effective in curbing corruption.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1232-1251"},"PeriodicalIF":1.3,"publicationDate":"2025-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145196969","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}

{"title":"Schumpeterian growth with variable demand elasticity","authors":"Gilad Sorek","doi":"10.1111/ecin.13302","DOIUrl":"https://doi.org/10.1111/ecin.13302","url":null,"abstract":"<p>Variable Demand Elasticity preferences are introduced into a canonical two-sector R&amp;D model. The departure from the traditional CES specification yields novel growth dynamics: for a sufficiently high population growth rate, a semi-endogenous balanced growth path (“BGP”) of drastic innovation is characterized, along which economic growth is determined by the population growth rate. However, for a sufficiently low population growth rate, the model economy converges to the limit values of demand elasticity and a fully endogenous growth regime of non-drastic innovation. A few stylized facts undermine the empirical relevance of the semi-endogenous BGP with drastic innovation to developed economies.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1110-1126"},"PeriodicalIF":1.3,"publicationDate":"2025-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145196805","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}

{"title":"Mitigating technology gaps' contribution to international income inequality","authors":"David Angenendt,&nbsp;Franco Mariuzzo,&nbsp;Junjun Zhang","doi":"10.1111/ecin.13301","DOIUrl":"https://doi.org/10.1111/ecin.13301","url":null,"abstract":"<p>This replication study revisits a 2023 analysis by Sampson on the impact of international technology gaps on income inequality, trade, and wages. We extend the original framework by using broader patent metrics from PATSTAT, expanding the country sample and time frame, and testing alternative calibrations. Our results confirm that cross-country differences in innovation efficiency contribute significantly to wage and income disparities. However, the strength of this relationship varies with country composition and the choice of innovation measure. Broader patent indicators yield weaker inequality effects, highlighting the importance of measurement choices in assessing technology's role in global income distribution.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"131-166"},"PeriodicalIF":1.3,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13301","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145964378","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}

{"title":"Early sparks: Impacts of a STEM bootcamp on young adolescents in Tanzania","authors":"So Yoon Ahn,&nbsp;Youjin Hahn,&nbsp;Semee Yoon","doi":"10.1111/ecin.13300","DOIUrl":"https://doi.org/10.1111/ecin.13300","url":null,"abstract":"<p>We examine the impact of a STEM-focused experiential education program on a range of outcomes, including interest in science, technology, engineering, and mathematics (STEM), self-esteem, career aspirations, gender attitudes, and academic engagement among young adolescents in Tanzania. The intervention resulted in several positive changes, including increased study hours, enhanced self-esteem, and stronger interest in STEM fields. For girls, it also led to less traditional gender attitudes, largely driven by perceived improvements in labor market opportunities. We conduct an exploratory analysis to assess the fadeout of these effects and find that the effects for boys remain generally stable, whereas some effects for girls diminish over time.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1334-1366"},"PeriodicalIF":1.3,"publicationDate":"2025-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145196582","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}

{"title":"The newsroom dilemma","authors":"Ayush Pant,&nbsp;Federico Trombetta","doi":"10.1111/ecin.13296","DOIUrl":"https://doi.org/10.1111/ecin.13296","url":null,"abstract":"<p>Conventional wisdom suggests that competition in the modern digital environment pushes media outlets toward the early release of less accurate information. We show that this is not necessarily the case. Two opposing forces determine the resolution of the speed-accuracy tradeoff: preemption and reputation. Although competition exacerbates preemption concerns, it provides additional information to the audience by allowing them to compare publication times. Hence, more competitive environments may be more conducive to reputation building, which may lead to better reporting. However, we show that the audience may be worse off due to the outlets' better initial information.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1009-1035"},"PeriodicalIF":1.3,"publicationDate":"2025-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13296","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145196522","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}

{"title":"Age-independent subsidy nudges under self-control problems","authors":"Minwook Kang,&nbsp;Eungsik Kim","doi":"10.1111/ecin.13298","DOIUrl":"https://doi.org/10.1111/ecin.13298","url":null,"abstract":"<p>This paper analyzes paternalistic capital subsidy policies to tackle the undersaving issue among present-biased consumers with varying levels of naivete. We demonstrate that age-independent subsidy policies achieve optimal savings for sophisticated consumers but only secondary outcomes for naive ones. As naivete intensifies, lower capital subsidy rates are required, despite naive consumers' higher undersaving tendencies in the absence of policy interventions. Increasing the capital subsidy rate for naive consumers can correct short-term present bias but distorts long-term savings, as they misinterpret such policy nudges as unnecessary in the future due to ignorance of future present bias.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1291-1312"},"PeriodicalIF":1.3,"publicationDate":"2025-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145197220","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}

{"title":"Correction to “Inflation targeting, output stabilization, and real indeterminacy in monetary models with an interest rate rule”","authors":"","doi":"10.1111/ecin.13299","DOIUrl":"https://doi.org/10.1111/ecin.13299","url":null,"abstract":"&lt;p&gt;Full citation:&lt;/p&gt;&lt;p&gt;Platonov, K. (2024) Inflation targeting, output stabilization, and real indeterminacy in monetary models with an interest rate rule. &lt;i&gt;Economic Inquiry&lt;/i&gt;, 62(4), 1467–1493. Available from: https://doi.org/10.1111/ecin.13248.&lt;/p&gt;&lt;p&gt;Correction 1:&lt;/p&gt;&lt;p&gt;The exponent on the term &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mo&gt;(&lt;/mo&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mn&gt;1&lt;/mn&gt;\u0000 &lt;mo&gt;−&lt;/mo&gt;\u0000 &lt;mi&gt;ω&lt;/mi&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;mo&gt;)&lt;/mo&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;annotation&gt; $(1-omega )$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt; should be &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mfrac&gt;\u0000 &lt;mn&gt;1&lt;/mn&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mi&gt;ν&lt;/mi&gt;\u0000 &lt;mo&gt;−&lt;/mo&gt;\u0000 &lt;mn&gt;1&lt;/mn&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;/mfrac&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;annotation&gt; $frac{1}{nu -1}$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt;. In the published version, the exponent is &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mi&gt;ν&lt;/mi&gt;\u0000 &lt;mo&gt;−&lt;/mo&gt;\u0000 &lt;mn&gt;1&lt;/mn&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;annotation&gt; $nu -1$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt;. This typo does not alter any results because the exact closed-form expression for &lt;i&gt;z&lt;/i&gt;&lt;sub&gt;&lt;i&gt;t&lt;/i&gt;&lt;/sub&gt; was not used in any derivations.&lt;/p&gt;&lt;p&gt;Correction 2:&lt;/p&gt;&lt;p&gt;In the published version, the multiplier &lt;i&gt;A&lt;/i&gt; is missing. This typo does not alter any results because later it is assumed that &lt;i&gt;A&lt;/i&gt; = 1.&lt;/p&gt;&lt;p&gt;Correction 3:&lt;/p&gt;&lt;p&gt;The exponent on the term &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mo&gt;(&lt;/mo&gt;\u0000 &lt;mfrac&gt;\u0000 &lt;msub&gt;\u0000 &lt;mi&gt;i&lt;/mi&gt;\u0000 &lt;mi&gt;t&lt;/mi&gt;\u0000 &lt;/msub&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mn&gt;1&lt;/mn&gt;\u0000 &lt;mo&gt;+&lt;/mo&gt;\u0000 &lt;msub&gt;\u0000 &lt;mi&gt;i&lt;/mi&gt;\u0000 &lt;mi&gt;t&lt;/mi&gt;\u0000 &lt;/msub&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;/mfrac&gt;\u0000 &lt;mo&gt;)&lt;/mo&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;annotation&gt; $(frac{{i}_{t}}{1+{i}_{t}})$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt; should be &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mn&gt;1&lt;/mn&gt;\u0000 &lt;mo&gt;−&lt;/mo&gt;\u0000 &lt;mi&gt;η&lt;/mi&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;annotation&gt; $1-eta $&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt;. In the published version, the exponent is &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 ","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 3","pages":"1003-1004"},"PeriodicalIF":1.7,"publicationDate":"2025-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13299","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492997","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}

{"title":"The economic impact of uncertainty about U.S. regulations of the energy sector","authors":"Xiaohan Ma,&nbsp;Zhoudan Xie","doi":"10.1111/ecin.13295","DOIUrl":"https://doi.org/10.1111/ecin.13295","url":null,"abstract":"<p>This paper examines the economic impact of uncertainty surrounding U.S. regulatory policies of the energy sector. We first construct a monthly-frequency measure of regulatory uncertainty related to oil and gas production using natural language processing on over 600,000 U.S. newspaper articles published from 1985 to 2021. We then conduct empirical analysis via structural VAR models with the constructed oil regulatory uncertainty index, oil market variables, and aggregate economic data. The impulse response functions suggest that an increase in oil regulatory uncertainty reduces oil production and drilling activity and negatively affects national and state-level economic outcomes.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 3","pages":"985-1002"},"PeriodicalIF":1.7,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492556","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}

{"title":"Reciprocity and the tragedies of maintaining and providing the commons: A replication and an extension to income inequality","authors":"Michalis Drouvelis,&nbsp;Zeyu Qiu","doi":"10.1111/ecin.13297","DOIUrl":"https://doi.org/10.1111/ecin.13297","url":null,"abstract":"<p>Social cooperation often requires individuals to exhibit restraint for the greater good, incurring costs for maintaining public goods or establishing them through generosity. Will cooperative behaviors differ between maintenance and provision dilemmas? We replicate findings showing that low cooperation is more likely in maintenance than provision scenarios among a non-student sample with reciprocity being the main reason behind cooperative differences. A separate experiment reports similar effects in the case of income inequality, also suggesting dilemma-specific reciprocity is vital in averting the 'tragedy of the commons'. Our findings reinforce and broaden previous conclusions in the literature.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"120-130"},"PeriodicalIF":1.3,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13297","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145986806","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}

{"title":"Social-benefits stigma and subsequent competitiveness","authors":"Natalia I. Valdez Gonzalez,&nbsp;Alexander L. Brown,&nbsp;Marco A. Palma","doi":"10.1111/ecin.13293","DOIUrl":"https://doi.org/10.1111/ecin.13293","url":null,"abstract":"<p>We conduct a laboratory experiment to explore how benefit-eligibility stigma drives subsequent decisions to enter competition. We induce a stigma associated with a low-status benefit and then introduce “plausible deniability” to reduce this stigma by expanding benefit eligibility to a middle-status group. When newly-eligible individuals qualify for the benefit, their rate of entry into a subsequent and unrelated tournament is reduced by 17–20 percentage points compared to the treatment in which they do not qualify. A potential interpretation of our results would suggest expanding for certain government assistance programs may produce unintended consequences for the newly eligible.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 3","pages":"903-925"},"PeriodicalIF":1.7,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13293","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492900","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}