Economics Bulletin

2 - 2026

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2026, issue 3, vol 46

Infinite-dimensional dynamic factor model for the integration of international factors into small open economy DSGE models pp. 863 - 898

Marco Forti and Alessandro Spelta

The effect of social capital, ESG, and globalization on economic growth pp. 899 - 913

Soonho Kim and Haejung Na

The evaluation of time-varying hedging and portfolio decisions under Trump's tariff-induced volatility pp. 914 - 925

Chin Cheong and Nor Azliana Aridi

Structural early warning in corporate credit: Evidence from a Brazilian agro-industrial distress episode pp. 926 - 933

Thiago Gil

Ranking sets of objects: The task-performing model pp. 934 - 948

Asier Estevan, Esteban Induráin and Sergio Sara

When does an own-lag IV estimand identify a contemporaneous causal effect? pp. 949 - 956

Moisés Resende Filho

Cash shortfalls and capital structure adjustments: Evidence from Japanese manufacturing firms pp. 957 - 972

Dongsuk Oh and Risa Hagiwara

A closed-form competitive equilibrium for the deterministic neoclassical growth model pp. 973 - 981

Sergio Salas

Deconstructing oil price surprises around OPEC announcements pp. 982 - 993

Naafey Sardar

Role of expected inflation in explaining the liquidity puzzle pp. 994 - 1006

Rokon Bhuiyan

The existence of anonymous, stationary, monotone social welfare functions satisfying restricted dominance: an answer to an open question in intergenerational equity pp. 1007 - 1013

Ram Dubey, Giorgio Laguzzi and Francesco Ruscitti

Beyond mean pay gaps: Decomposing earnings inequality among registered nurses pp. 1014 - 1024

David Kalist

Household composition and infant baby food expenditure around the 2022 federal Medicaid postpartum coverage extension: A triple-difference from the Consumer Expenditure Survey pp. 1025 - 1038

Gokhan Kumpas

Axiomatic characterizations of belief updating under ambiguity pp. 1039 - 1044

Shinya Sugiura

Status competition, endogenous risk attitudes, and the insurance–lottery puzzle pp. 1045 - 1053

Jimmy Teng

Minimax causal inference under tail heterogeneity pp. 1054 - 1065

Omid Ardakani

Time-varying betas for Bitcoin: A generalized cross-validation approach pp. 1066 - 1081

Peter Wang and Bluford Putnam

The effect of rising public debt on entrepreneurship pp. 1082 - 1093

Jonathan Munemo

On protocol robustness and extreme tail risk: Fréchet vs. Gumbel domains across cryptocurrencies and traditional assets, 2022-2024 pp. 1094 - 1099

Luis-Felipe Arizmendi

Evolution of global factors in emerging market capital flows pp. 1100 - 1108

Neha Verma

Global value chain participation and economic upgrading in Indian textile and apparel sector: Evidence from firm-level productivity and profitability pp. 1109 - 1126

Srija Mitra and C Vidya

Inflation targeting in Brazil: Is the official target actually pursued? pp. 1127 - 1136

Fábio Gomes and Pedro Prado

A synthetic control approach on Argentina's beef exports suspension pp. 1137 - 1150

Manuel de Mier and Fernando Delbianco

Human Height, Milk, and GDP per capita: An Instrumental Variable Analysis from Global Panel Data pp. 1151 - 1160

Joshua Ping Ang

Economic factors and the changing size distribution of breweries in Canada: 2011-2025 pp. 1161 - 1172

Don Cyr, Joseph Kushner and Tomson Ogwang

Use of echnologies and extensive margins of exports in manufacturing firms from 27 EU countries in 2025 pp. 1173 - 1183

Joachim Wagner

Can Medicare Advantage help contain Medicaid costs? Evidence from dual eligibles pp. 1184 - 1201

Michael DeDad, Austin Knies, Volodymyr Lugovskyy and Alexandre Skiba

The macroeconomic and food security impacts of extreme precipitation shocks in Liberia pp. 1202 - 1213

Pedro Juarros and Suphachol Suphachalasai

Income mobility and support for the welfare state: Panel evidence from Germany pp. 1214 - 1236

Bilal El Rafhi

Discipline reform and educational outcomes: an analysis of Illinois Senate Bill 100 pp. 1237 - 1245

Bryan Mccannon and Ernie Waterson

Testing for structural breaks in the variance of estimators pp. 1246 - 1265

Alaa Abi Morshed

Time-varying tail risk in BRIC stock markets under global shocks: An ADCC-based approach pp. 1266 - 1283

Chin Cheong, Min Lim and Wong Hee

Does stablecoin growth cause inflation? pp. 1284 - 1288

Antonio Ribba

Post-pandemic changes in household food expenditure and affordability: Heterogeneity by income pp. 1292 - 1304

Twisha Asher

Minimax causal inference under tail heterogeneity pp. 1305 - 1316

Omid Ardakani

Minimax causal inference under tail heterogeneity pp. 1317 - 1327

Omid Ardakani

Singularity of input-output matrices: Structural linkages and spectral properties pp. 1328 - 1335

Mohit Arora and Deepankar Basu

Deterrence, disruption, and nonlinear price dynamics at energy chokepoints pp. 1336 - 1346

Masaaki Yoshimori

Post-pandemic changes in household food expenditure and affordability: Heterogeneity by income pp. 1347 - 1360

Twisha Asher

Critical minerals as geopolitical pivot: A strategic framework for west African beneficiation pp. 1361 - 1373

Job Opue, Ebenezer Bowale, Abang Mbia and Brian Eyang

Time-varying tail risk in BRIC stock markets under global shocks: An ADCC-based approach pp. 1374 - 1389

Chin Cheong, Min Lim and Wong Hee

Minimax causal inference under tail heterogeneity pp. 1390 - 1391

Omid Ardakani

2026, issue 2, vol 46

Comparison income and subjective well-being: Evidence from a nationwide panel survey in Japan pp. 415 - 428

Kenichi Shiraishi, Kazuto Sumita, Kazuki Kamimura, Shohei Okamoto and Kohei Komamura

Growth-inequality-poverty triangle in developing countries: the role of political stability pp. 429 - 445

Giscard Assoumou-Ella and Streley Paul N'nang-Ndong

The heterogeneous effect of natural resource rents on vulnerable employment in sub-Saharan Africa: Does the quality of institutions matter? pp. 446 - 460

Issa Dianda, Gnanderman Sirpe and Nouhoun Maiga

Wage dispersion and team performance: Lessons learned from major league soccer pp. 461 - 473

Michael Gove

Keeping up with the Joneses and the effect of income inequality on consumption inequality pp. 474 - 482

Lhakpa Sherpa and Brad Sturgill

Green finance and mining development: evidence from China pp. 483 - 490

Rui Guo, Xiangyi Lu, Xiaoli Ding and Ruibin Tong

Infinite-dimensional dynamic factor model for the integration of international factors into small open economy DSGE models pp. 491 - 527

Marco Forti

Economic growth and female labor force participation in India: Evidence from ARDL and Toda–Yamamoto Tests pp. 528 - 539

Nilu Farhat

Digital money and the law: the unfinished logic of e-money and the future of stablecoins pp. 540 - 548

Biagio Bossone

Stability thresholds and oscillatory regimes in Taylor rule dynamics with firm heterogeneity pp. 549 - 557

Jean Cortissoz

Upstream ownership and export policy reversal pp. 558 - 567

Po-Sheng Ko, Chien-Hui Lee, Jen-Yao Lee and Yun-Ru Li

Reduced working hours and human capital investment: Evidence from the 40-hour workweek policy in South Korea pp. 568 - 577

Minuk Song, Jihye Park and Chung Choe

Immigration, integration pipelines, and local innovation intensity pp. 578 - 589

Jinghong Gu

On the treatment of protest responses induced by perceived corruption in stated preferences studies pp. 590 - 596

William Vásquez and Carlos de Rezende

On the scorecard first: early specialization and the first-mover advantage in international golf competition pp. 597 - 603

Florian Riegler and Frank Daumann

AI-tocracy dynamics pp. 604 - 612

Orlando Gomes

Intemperate fourth-order lottery choices under rank-dependent utility pp. 613 - 620

David Peel and Jie Zhang

Unemployment insurance and uncertainty: Theoretical modelling of risks and incentives pp. 621 - 629

Kouadio F. Alain-Charles Djè

Voting behavior in Tour de France host communities pp. 630 - 637

Kerianne Rubenstein, Anna Pierce and Georgia Andrews

Matching with network: introduction behaviors with respect to various incentives pp. 638 - 646

Weiyuan Hong

Benford's law for collusion detection: An experimental validation pp. 647 - 655

Francisco Martínez-Sánchez and Alfonso Rosa-García

Should partially cooperating firms care for consumers? pp. 656 - 663

Kazuhiro Ohnishi

Measuring gender disparity in educational attainment using the relative mean deviation for 146 countries and economies over the period 1950-2015 pp. 664 - 674

Takahiro Akita

A one-sentence nudge against present focus pp. 675 - 683

Ilia Aliaev and Hubert Janos Kiss

Inclusive growth in Côte d'Ivoire: A welfare-based measure and ARDL analysis of its determinants pp. 684 - 698

Hugues Kouadio

Does diversity among directors contribute to reducing corporate misconduct? Evidence from Japan pp. 699 - 709

Daisuke Nogata

Energy price shocks and climate concern: A causal forest analysis pp. 710 - 722

Provash Sarker

Female suffrage and fertility decline: evidence from Swiss Cantons pp. 723 - 741

Seunghun Chung

Spillover effects of natural resources on state fragility in Africa pp. 742 - 755

Oumarou Zallé

The Trump tariffs and intraday risk spillovers in the global financial markets pp. 756 - 766

Yusaku Nishimura, Yang Ji and Bianxia Sun

An impossibility in housing markets with contracts pp. 767 - 778

Jinyong Jeong

The impact of changes in foreign labor supply of home-care services pp. 779 - 786

Matthew James and Anca Grecu

Two-stage budgeting through utility maximization and expenditure minimization under homogeneous separability pp. 787 - 800

Ashley Atoo and Giulio Codognato

Votes and levies: The political economy of property taxation in Belgian provinces pp. 801 - 815

Julien Vandernoot and Camille Wallemacq

Could you spare me a moment? A model of primary data collection by statistics institutes pp. 816 - 827

Marcelo Griebeler and Felipe Teixeira

Could you spare me a moment? A model of primary data collection by statistics institutes pp. 816 - 826

Marcelo Griebeler and Felipe Teixeira

Infinite-dimensional dynamic factor model for the integration of international factors into small open economy DSGE models pp. 828 - 862

Marco Forti and Felipe Teixeira

Infinite-dimensional dynamic factor model for the integration of international factors into small open economy DSGE models pp. 828 - 862

Marco Forti and Alessandro Spelta

2026, issue 1, vol 46

Can we build inclusion in Africa? The key role of infrastructure pp. 1 - 14

Georges Ngnouwal Eloundou, Honoré Tekam Oumbe and Bruno Emmanuel Ongo Nkoa

Comparison of the costs of drug development under different methods of calculation pp. 15 - 24

Olga Rozanova

Ruling out unstable New Keynesian equilibria: A note pp. 25 - 33

Michael Hatcher

Can remittances drive inclusive human development in sub-Saharan Africa? pp. 34 - 48

Koffi Yves Yao and Auguste Kouakou

Does removing the effect of short-term co-movements improve portfolio performance over monthly horizons? Dow Jones Industrial Average Analysis pp. 41 - 54

Rafael Chaves, Cleiton Taufemback and Hudson Torrent

Investment origination and screening: Separation or integration? pp. 55 - 60

Wataru Nozawa

Worker and workplace predictors of self-reported health status: An application of econometrics and machine learning pp. 61 - 70

M. Ryan Haley

Rethinking capital budgeting: embedding ex-ante alpha in the cost of capital pp. 71 - 78

Agisilaos Papadogiannis

On the asymmetric effect of commodity terms of trade shocks on growth in commodity-dependent countries: Does the choice of exchange rate regimes matter? pp. 79 - 92

Moustapha Dembélé, Issiaka Coulibaly, Zhou Qingjie and Xiao Hao

Decoding multifractality in DeFi through governance tokens pp. 93 - 110

Meghna Jayasankar and Anoop Kumar

On the strategic choice of innovation type pp. 111 - 122

Iacopo Grassi

On cost-cutting incentives pp. 123 - 132

Sreya Kolay

Perceived tax obstacles and corporate environmental activities pp. 133 - 151

Yue Sun and Dengjun Zhang

Educational attainment and earnings inequality in Cameroon: A quantile regression analysis of heterogeneous returns pp. 152 - 167

Oluyele Akinkugbe, Sandotin Coulibaly, Ouei Diakite, Mamadou Coulibaly and Eugene Kouassi

Public investment in local road infrastructure and economic growth in Benin: A dynamic analysis pp. 168 - 183

Modeste Dedehouanou, Bernard Hounmenou and Louis Tchonkloe

Effects of investor attention on Brazilian stock market liquidity pp. 184 - 197

Paulo Marschner, Victor Fetzer, Paulo Ceretta and Carlos Carrasco-Gutierrez

Endogenous coalitions formations through technology transfers and fair prices pp. 198 - 208

Helene Ferrer, Guillermo Owen and Fabrice Valognes

Subsidies, costs, and local taxes: a theoretical note on circular economy investments pp. 209 - 218

Iacopo Grassi

The sectoral concentration of data capitalism: Evidence from Latvia pp. 219 - 231

Ritvars Mētra

News or noise? Consumer susceptibility towards misinformation pp. 232 - 239

Rishab Lodh and Oindrila Dey

Can taxing firearm sales reduce gun violence? Preliminary evidence from two natural experiments pp. 240 - 249

Joseph Eisenhauer

Unconventional U.S. monetary policy and international financial market stability pp. 250 - 259

James Dean

The economic impact of the 2014 oil price collapse on Rio de Janeiro: A synthetic control analysis pp. 260 - 273

Caio Ferreira

When lexicographically undominated strategies yield perfect equilibria pp. 274 - 284

Ryoji Jinushi

Common ownership and entry with dominant firms and a competitive fringe pp. 285 - 292

Keita Kamei

Repetition, recall, and advertising pp. 293 - 301

Ori Zax

The growth effects of capital income tax-funded pension program under endogenous retirement pp. 302 - 311

Yaqi Wang

Does aid for renewable energy reduce the consumption of fossil energy? pp. 312 - 328

Dierk Herzer

On the sustainable deficit of the government pp. 329 - 333

Alfred Greiner

Data processing growth model pp. 334 - 341

Teemu Pekkarinen

Loneliness, bad health, and the moderating role of friends: Differences between younger and older individuals in Germany pp. 342 - 359

Tim Friehe and Christian Pfeifer

Economic impacts of the 2023 June festivities in Sergipe, Brazil: Evidence from an inter-regional input–output model pp. 360 - 370

Luiz Carlos de Santana Ribeiro, Fábio Rodrigues de Moura and Milene Takasago

Effect of the adoption of Information and Communication Technologies on gender gaps in access to education in Sub-Saharan Africa pp. 371 - 392

Amadou Bobbo, Mohammadou Nourou and Mohamadou Aminou

Broadband adoption and self-employment - Evidence from the American Community Survey pp. 393 - 404

Luyi Han

How the election of Donald Trump impacts the cryptocurrency market ? pp. 405 - 414

Cyril Filezac de L`Eetang