Results 261 to 270 of about 18,831 (324)

News shocks, consumer confidence and business cycles

open access: yesEconomica, EarlyView.
Abstract We study the causal effects of consumer sentiment shocks on macroeconomic aggregates. By constructing a novel instrument based on major non‐economic news shocks in the USA over 1969–2022, and opinion polls around these events, we identify exogenous changes in consumer confidence.
Syed M. Hussain, Zara Liaqat
wiley   +1 more source

Reducing the replication time for structural estimations: A successful replication of “An Anatomy of International Trade” using GPU computing

open access: yesEconomic Inquiry, Volume 63, Issue 2, Page 424-440, April 2025.
Abstract Eaton, Kortum, and Kramarz (2011) (EKK) discovered empirical patterns from French manufacturing firms that a baseline firm heterogeneity model could not explain. The authors proposed and estimated a model that closely matches the patterns observed in French data.
Jiatong Zhong
wiley   +1 more source

Disentangling mechanisms that mediate soil fungal α and β diversity during forest secondary succession

open access: yesEcography, EarlyView.
Understanding the mechanisms controlling community diversity is a central, topic in ecology, particularly in microbial ecology. Although species pools and local assembly processes are believed to play non‐negligible roles in shaping the within‐community (α) and among‐community (β) diversity of microbial communities, their relative importance as ...
Xiao Zhang   +10 more
wiley   +1 more source

Beyond Euclid: an illustrated guide to modern machine learning with geometric, topological, and algebraic structures. [PDF]

open access: yesMach Learn Sci Technol
Papillon M   +10 more
europepmc   +1 more source

Building a Potemkin village in occupied China: Japan's wartime system of linked trade, 1939–43

open access: yesThe Economic History Review, EarlyView.
Abstract The paper discusses the novel but little‐known exchange rate system of Japanese‐occupied North China during the Second Sino‐Japanese War, in which exporters were given the right to import in the form of a piece of yellow paper, which could be sold in the secondary market.
Shinji Takagi
wiley   +1 more source

Normal distribution of bad reduction. [PDF]

open access: yesRamanujan J
Lemke Oliver RJ, Loughran D, Shnidman A.
europepmc   +1 more source

Strategic Flip‐Flopping in Political Competition

open access: yesInternational Economic Review, EarlyView.
ABSTRACT We study candidates' position adjustments in response to information about voters' preferences. Repositioning allows candidates to move closer to the median voter, but it incurs financial and electoral costs. In a subgame‐perfect equilibrium, candidates diverge from the center ex ante if the costs of adjustment are sufficiently large.
Gaëtan Fournier   +2 more
wiley   +1 more source

Limit Orders and Knightian Uncertainty

open access: yesInternational Economic Review, EarlyView.
ABSTRACT A wide variety of financial instruments allows risk‐averse traders to reduce their exposure to risk. This raises the question of what financial instruments allow ambiguity‐averse traders to reduce their exposure to ambiguity. We show in this paper that price‐contingent orders, such as limit orders, are sufficient: In a two‐period trading model,
Michael Greinecker, Christoph Kuzmics
wiley   +1 more source

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