Empirical Economics

1976 - 2026

Current editor(s): Robert M. Kunst, Arthur H.O. van Soest, Bertrand Candelon, Subal C. Kumbhakar and Joakim Westerlund

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Volume 71, issue 1, 2026

Understanding ESG-mediated climate risk impacts on corporate profits: sectoral dynamics and predictive evidence from an ADL–MIDAS framework pp. 1-36

Haoxin Zhao and Kazeem O. Isah

Combining policymaking tools for green transition: eco-efficiency benchmarking and club convergence pp. 1-52

George Halkos, Christina Bampatsou and Panagiotis-Stavros Aslanidis

Can public–private partnership bring benefits in shrinking public services? An empirical analysis of the lock-in effect versus cost-reducing effect pp. 1-24

Eri Nakamura, Takayoshi Nakaoka and Takuya Urakami

Volume 70, issue 6, 2026

Measuring product differentiation by observing consumer search pp. 1-39

Franz Hackl, Michael Hölzl-Leitner and Dieter Pennerstorfer

Does uncertainty raise the probability of a recession? pp. 1-32

Jan Willem End

Evidence of horizontal yardstick competition in the Italian waste sector: Do the type of neighbour and benchmark matter? pp. 1-44

Massimiliano Agovino, Katia Marchesano and Gaetano Musella

Productivity, markups, and reallocation: evidence from French manufacturing firms pp. 1-49

Enrico De Monte

Immigration and preventive care utilization in Europe: evidence from retrospective data pp. 1-20

Raluca Elena Buia, Mesfin Genie, Cristina E. Orso and Giacomo Pasini

Oil shocks and economic sentiment indicators in major emerging countries pp. 1-46

Cosmas Dery and Nahiyan Faisal Azad

Replication: “Physical disability and labor market discrimination: evidence from a video résumé field experiment” pp. 1-13

Sebastian Gallegos

Friendship networks and academic success: the impact of class size and gender composition pp. 1-27

Winfried Pohlmeier, Livia Shkoza and Derya Uysal

The impact of oil price shocks on US labor productivity and employment hours pp. 1-27

Andre Harrison and Jeremy Viele

Effects of industry integration on pharmaceutical firm innovation: institutional investors’ perspective pp. 1-25

Lu Yao, Ronghan Xie and Mengde Liu

Estimating structural spillovers in international trade networks: an empirical assessment with graph neural models pp. 1-28

Diego Vallarino

More than just “plugging leaks”: the effects of gambling and lottery winnings on Spaniards’ financial and personal decisions pp. 1-50

Julio López-Laborda, Jaime Vallés-Giménez and Anabel Zárate-Marco

What fuels spending? A study on non-durable spending and wealth dynamics in European countries pp. 1-60

Florina Burdet

The effect of mass migration on economic development: Syrian refugees in Turkey pp. 1-30

Betul Turkum

Early effects of nearshoring in the manufacturing labor market in Mexico pp. 1-30

Erick Rangel-Gonzalez, Irving Llamosas-Rosas and Marco Esteban-Aguirre

Did the 2005 French Disabled workers Act increase the employment rate of people with disabilities? An econometric evaluation on panel data pp. 1-30

Thomas Barnay, Emmanuel Duguet and Yann Videau

The impact of global cost-push shocks on production costs pp. 1-30

Bongseok Choi, Hyun Hak Kim and Sangho Shin

New estimates of the elasticity of marginal utility of consumption for Europe pp. 1-26

Milan Ščasný and Matěj Opatrný

Volume 70, issue 5, 2026

From balance sheets to green fields: assessing the role of natural resource asset audit in enhancing China’s ecological product value pp. 1-56

Zhiyuan Gao, Ying Zhao, Ziying Jia and Yu Hao

State capacity and growth regimes pp. 1-34

Patrick A. Imam and Jonathan Temple

Corporate digital transformation, carbon emissions, and ESG performance pp. 1-38

Peng Liu, Nannan Guo and Yingke Liu

Automation, skill and job creation pp. 1-44

Kaizhao Guo

Does economic complexity mitigate carbon inequality? pp. 1-59

Bernard Cléry Nomo Beyala, Célestin Ghislain Balla Mekongo and Simplice Asongu

The heterogeneous treatment effects of compulsory education age reforms: a causal forest approach pp. 1-31

Hannelore Nelissen and Kristof De Witte

Does competition from informal firms encourage the formal firms to obtain quality certificates? pp. 1-69

Mohammad Amin and Caroline Nogueira

Sectoral and aggregate effects of supply chain disruptions in a small open economy pp. 1-55

Klaus Friesenbichler, Christian Glocker, Werner Hölzl and Philipp Piribauer

Capital account liberalization, capital scarcity, and economic growth pp. 1-27

Nour-eddine Echcharfi

The transitory component of health care employment pp. 1-17

Luiggi Donayre and Lacey Loomer

Using migrant samples to examine cultural values in economics: Is the epidemiological approach valid? pp. 1-30

Annemiek Schilpzand

A machine learning approach to real-time identification of turning points in monetary aggregates M1 and M3 pp. 1-19

Max Lampe and Ramón Adalid

Firm heterogeneity and the bank lending channel in currency composition of credit pp. 1-26

Renzo Pardo-Figueroa

Volume 70, issue 4, 2026

The impact of child benefit reforms on parental health: new evidence from Canada pp. 1-41

Min Hu, Angela Daley and Barry Watson

The permutation test for event studies with a small number of events pp. 1-14

Phuong Anh Nguyen and Michael Wolf

Lessons of the Vergangenheit: optimal policy learning of innovation subsidies pp. 1-37

Fayssal Ayad

Exploring the quantitative impact of medical marijuana dispensaries on residential sale prices in Oklahoma pp. 1-25

Joshua Clark and Michael S. Delgado

Volume 70, issue 3, 2026

Inequality of opportunity in educational achievement in China: a machine learning approach pp. 1-37

Qiuchuan Jiang, Weiwei Zhao and Kun Zhang

Panel stochastic frontier model with multi-factor error structure: an application on bank efficiency pp. 1-41

Chih-Chiang Hsu, Chang-Ching Lin and Shou-Yung Yin

Market integration in the digital era: can public data openness break market segmentation? pp. 1-43

Peiyu Li, Liping Li, Xinzhi Liu and Hanmei Zhou

The spending consequences of COVID-19 stimulus payments: the case of baseball cards pp. 1-43

Quinn Keefer

Revisiting US food aid and civil conflict pp. 1-31

Sébastien Mary

Hierarchical risk clustering versus traditional risk-based portfolios: an empirical out-of-sample comparison pp. 1-24

Carlos Trucíos

Lifting the cap on non-resident university enrollment: evidence from Wisconsin pp. 1-29

Natalia Orlova, Derek Rury and Justin Wiltshire

Weather shocks, productivity, and performance of manufacturing firms in Colombia pp. 1-28

Jefferson Muñoz, Alex Perez, Jaime Carabalí and Guillermo Buenaventura

The role of global factors in Bitcoin dynamics: Evidence from the TVP-VAR-SV model pp. 1-28

Nezir Köse, Emre Ünal and Savas Gayaker

The EITC and occupational mobility pp. 1-25

Andrew Yizhou Liu

The effects of oil news shock on sectoral employment in the USA pp. 1-27

Ozge Kandemir Kocaaslan and Aysegul Uckun Ozkan

Measuring monetary policy shocks and their effects in an emerging economy: the case of Brazil pp. 1-27

Edilean Kleber da Silva Bejarano Aragon, Gabriela Bezerra de Medeiros, Igor Mendes and Ludyson Abreu

The role of global value chains for the propagation of global and domestic PMI shocks pp. 1-23

Andrzej Torój, Joscha Beckmann and Michał Rubaszek

A composite approach to nonlinear inflation dynamics in BRICS countries and Türkiye pp. 1-40

Tural Yusifzada, Hasan Comert and Vugar Ahmadov

Is complexity always better? A model-free assessment of range-based volatility estimators pp. 1-18

Burak Korkusuz

Similarity-based path forecasting of US recession periods pp. 1-18

Visa Kuntze, Henri Nyberg and Samuel Rauhala

Fiscal flows and asset prices pp. 1-17

Michael O’Connell and Jonathan Fletcher

Volume 70, issue 2, 2026

Labour supply of couples facing a risk of job loss pp. 1-30

Wouter Gelade, Maud Nautet and Céline Piton

Model averaging with ridge regularization pp. 1-19

Alena Skolkova

Effectiveness of capital controls: gates versus walls pp. 1-24

Yang Zhou and Shigeto Kitano

The heterogeneous migration motivations of college graduates in China: the role of preferential household registration policies pp. 1-55

Yuxue Sheng, Qianqian Huang, Yao-Yu Chih and Cheng Jiang

(In)stability in the dynamics of the cross-country distribution of income per capita pp. 1-46

Davide Fiaschi and Paul Johnson

Exploring the heterogeneous impacts of Indonesia’s conditional cash transfer scheme (PKH) on maternal health care utilisation using instrumental causal forests pp. 1-33

Vishalie Shah, Julia Hatamyar, Taufik Hidayat and Noemi Kreif

Multi-Benford’s laws and the potential for tax irregularities: the case of FTSE 100 companies pp. 1-33

Probowo Erawan Sastroredjo, Marcel Ausloos and Polina Khrennikova

Preference parameter changes: evidence from household consumption and savings pp. 1-31

Masamune Iwasawa and Hayato Nakanishi

Spurious significance under shifted mean pp. 1-20

Yijie Fei

Birthplace networks and destination choices of male internal migrants pp. 1-49

Abdurrahman B. Aydemir and Erkan Duman

Are positive technology shocks expansionary at the zero lower bound? pp. 1-42

Yangyang Ji

Does a revenue-neutral shift from indirect to direct taxes reduce inequality? Evidence from high-income OECD countries pp. 1-48

Hüseyin Şen and Ayşe Kaya

From Conventional to Unconventional Monetary Policy: Is the Taylor Rule an Adequate Representation in Macro Models? pp. 1-48

James Dean and Scott Schuh

Information infrastructure and nutritious diets intake: evidence from West Africa pp. 1-34

Yazeed Abdul Mumin, Paul Nkegbe, Shamsia Abdul-Wahab, Joseph Clottey, Solomon Zena Walelign, Sheila Agyemang Oppong, Clarice Panyin Nyan, Gloria Adobea Odei Obeng-Amoako and Charles Yaw Okyere

Using parametric quantile regression to investigate determinants of unemployment duration pp. 1-26

Lorenzo Corsini and Paolo Dyno Frumento

Impact of e-commerce on local retail markets: evidence from Amazon fulfillment centers pp. 1-40

Urbashi Mookerjee

A note on measures of aggregate demand adjusted for import intensity pp. 1-11

Bruno Rocha

Breaking away: development burdens of secession in Africa pp. 1-29

Fayssal Ayad

Short-term inflation expectations evaluation in the presence of instabilities pp. 1-27

Sidney M. Caetano and João H. G. Mazzeu

Bias-corrected cluster-robust standard errors for fixed effects PPML estimators of gravity panel models with autocorrelated disturbances pp. 1-28

Michael Pfaffermayr

Time-varying multilayer networks analysis of frequency connectedness in commodity futures markets pp. 1-41

Xuewei Zhou, Zisheng Ouyang, Rangan Gupta and Qiang Ji

Forecasting inflation with the hedged random forest pp. 1-36

Elliot Beck and Michael Wolf

Does energy security affect tourism? pp. 1-36

Kris Ivanovski and Bernard Njindan Iyke

Dynamic quantile frequency connectedness and dependence between global football club fan tokens, cryptocurrencies, and uncertainty indices pp. 1-52

Oguzhan Ozcelebi, Rim El Khoury and Sang Hoon Kang

Heterogeneous firm export, energy efficiency and pollution emissions: theory and evidence pp. 1-56

Xi Lin, Geng Huang and Ling-Yun He

The determinants of health expenditure: a machine learning approach pp. 1-45

Nicola Caravaggio, Raffaele Lagravinese and Giuliano Resce

Volume 70, issue 1, 2026

Shale oil revolution, the global oil market and the US economy pp. 1-24

Ioannis Arampatzidis

Smart metering and demand response: analyzing the relationship with current electricity consumption in Korea pp. 1-24

Yenjae Chang, Dae-Wook Kim and Man-Keun Kim

Exploring the impact of input digitalization on carbon emission intensity: evidence at the global industry level pp. 1-24

Genqiang Li, Zihui Yang and Yuanbo Qiao

Heterogeneous impact of consumer confidence on US aggregate consumption over the business cycle pp. 1-15

Gabriel Pino and Jose Barrales-Ruiz

Hospital resilience: public versus private sector dynamics pp. 1-40

Stefania Fontana, Giovanni Baglio, Calogero Guccio, Catia Nicodemo, Giacomo Pignataro and Domenica Romeo

Economic growth and financial depth: the role of institutional quality pp. 1-23

Chaoyi Chen and Zoltán Pókász

The effects of a certificate programme regarding educational mentorship and coaching on the rise of induction programmes for new teachers in Rwandan Primary Schools pp. 1-23

Sofie Cabus, Carla Haelermans, Ilse Flink, Clémentine Uwamahoro Gafiligi, Jean François Maniraho and Jef Peeraer

The benefits share of digital infrastructure pp. 1-45

Yibo Li and Haonan Li

Monetary policy transmission and the yield curve: the role of external market factors against the backdrop of Brexit pp. 1-42

Christos Tzomakas

Patent ownership fragmentation and firm growth: evidence from a panel of US firms pp. 1-31

Mahdiyeh Entezarkheir

Dynamic risk spillovers from crude oil to agricultural commodities: a Markov-switching copula approach pp. 1-31

Jinzhi Li

Effects of land transfer on family living standards: evidence from middle-aged and older farmers in China pp. 1-43

Chengyou Li, Anran Liu, Zeru Wang and Qinghai Li

Bank competition and corporate risk-taking pp. 1-46

Japan Huynh

Public education spending, family background, and child education attainment pp. 1-41

Shuang Yu, Xiaojun Zhao and Yinhe Liang

The effects of expanding higher education on wages and employment in German establishments pp. 1-41

Eric Schuss

Pandemic shocks and unintended healthcare disruptions: chronic patients during COVID-19 pp. 1-33

Martina Repetto, Claudio Lucifora and Antonio Russo