A theory of fiscal policy response to an epidemic. [PDF]
Health Econ, 2022 Pang Y.
europepmc +1 more source
Is Norway's Bird-in-Hand Stabilization Fund Prudent Enough? Fiscal Reactions to Hydrocarbon Windfalls and Graying Populations [PDF]
We estimate fiscal reaction functions for non-hydrocarbon tax and public spending shares of national income and for debt management strategies adopted by Norway and compare these with rules that would prevail under the permanent income hypothesis and ...
Frederick Van der Ploeg, Torfinn Harding
core
Identification and Estimation of Large Network Games with Private Link Information
International Economic Review, EarlyView.ABSTRACT We study the identification and estimation of large network games in which individuals choose continuous actions while holding private information about their links and payoffs. Extending the framework of Galeotti et al., we build a tractable empirical model of such network games and show that the parameters in individual payoffs are ...
Hülya Eraslan, Xun Tang
wiley +1 more source
Association of Retinal Nerve Fiber Layer Thinning With Elevated High Density Lipoprotein Cholesterol in UK Biobank. [PDF]
Invest Ophthalmol Vis SciMa Y +9 more
europepmc +1 more source
The Legacy of Policy Inaction in Climate‐Growth Models
International Economic Review, EarlyView.ABSTRACT To better understand the structure and core mechanisms of a broad class of climate‐growth models, we study a simplified version of the dynamic integrated model of climate and the economy (DICE) through the lens of growth theory. We analytically show that this model features a continuum of saddle‐point stable steady states.
Thomas Steger, Timo Trimborn
wiley +1 more source
Journal of Business Finance &Accounting, EarlyView.ABSTRACT This paper examines the effect of political connection on sanctions for violations of the US Foreign Corrupt Practices Act (FCPA). Using a sample of revealed FCPA sanctions and two alternative proxies for US firms’ political connections, we find a negative association between political connection and the severity of sanctions, an effect that ...
Kaishu Wu, Wenjia Yan
wiley +1 more source
The impact of moral injury-related content on reasoning and its neural correlates: Data from the Canadian Armed Forces (CAF). [PDF]
Neuroimage RepVartanian O +11 more
europepmc +1 more source
How Does Digitalization Affect Haze Pollution? The Mediating Role of Energy Consumption. [PDF]
Int J Environ Res Public Health, 2022 Wang J, Xu Y.
europepmc +1 more source
Do temporary changes in earnings caused by mean reversion affect firms’ refinancing decisions?
Journal of Financial Research, EarlyView.Abstract We develop a dynamic two‐stage trade‐off model with refinancing when earnings are mean reverting. Our model predicts a negative relation between profitability and leverage at refinancing due to conservative debt increases. With multiple rounds of refinancing, the leverage–profitability relation may turn positive when firms have substantial ...
Elettra Agliardi +3 more
wiley +1 more source
The impact of the board of directors and the audit committee on the transparency of financial information of companies listed in a frontier market. [PDF]
HeliyonTruong TN, Nguyen VC.
europepmc +1 more source