Journal of Policy Modeling

1979 - 2025

Current editor(s): A. M. Costa

From Elsevier
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Volume 47, issue 1, 2025

The short-run displacement of EU cohesion funds in Italy: Has reprogramming a positive impact on regional growth? pp. 1-29

Fabio Mazzola and Debora Gambina

Lowering trade barriers improves income distribution and economic resiliency pp. 30-48

Maksym Chepeliev, Maryla Maliszewska, Israel Osorio-Rodarte, Maria Filipa Seara e Pereira and Dominique van der Mensbrugghe

Exploring policy responses to labour-saving technologies: An assessment of basic income, job guarantee, and working time reduction pp. 49-63

D’Alessandro, Simone, Tiziano Distefano, Guilherme Spinato Morlin and Davide Villani

Inflation's dual impact on European banks' profitability pp. 64-77

Renata Karkowska, Zbigniew Korzeb and Paweł Niedziółka

New rules, new game? The effects of the away goals rule removal and video assistant referee adoption on game dynamics in UEFA Champions League ties pp. 78-96

Mustafa Yildirim and Mustafa Erhan Bilman

Is there worldwide convergence toward the SDGs? pp. 97-117

Simona Bigerna and Silvia Micheli

Increasing taxes on ‘bads’ and reducing them on ‘goods’: A double dividend hypothesis of carbon taxation pp. 118-133

Gurleen Kaur Malhotra and Amlendu Dubey

Addressing climatic uncertainty through fleet optimization for robust winter road maintenance policy design pp. 134-149

Nadeem Akbar Najar, Arnab Jana and D. Parthasarathy

Impact of government domestic borrowing on monetary policy rate pass-through in Tanzania pp. 150-165

Enock Mwakalila

Do debt relief and fiscal rules improve public debt sustainability? The experience of sub-Sahara African countries pp. 166-186

Attahir B. Abubakar, W. David McCausland and Ioannis Theodossiou

Policy lessons from green gdp convergence over five decades: Enhancing sustainability and economic outcomes pp. 187-210

Saša Stjepanović, Daniel Tomić and Marinko Skare

Identifying the ‘deep roots’ of economic freedom with implications for policy and economic reform pp. 211-227

James W. Saunoris, James E. Payne and Russell S. Sobel

Does financial development improve the effect of public health expenditure on out-of-pocket payments for healthcare in the WAEMU? pp. 228-249

Jacques Boundioa and Souleymane Diallo

Volume 46, issue 6, 2024

A two-for-one deal: Targeting nominal GDP to create a supply-shock robust inflation target pp. 1071-1089

David Beckworth and Patrick J. Horan

Ending poverty and accelerating growth in South Africa, through the expansion of its social grant system pp. 1090-1102

Ismael Fofana, Ramos Mabugu, Alhassane Camara and Babatunde Abidoye

The economywide recovery measures in Rwanda during the COVID-19 pandemic: How useful a lesson? pp. 1103-1124

Emerta Aragie, Xinshen Diao, David Spielman and James Thurlow

Does local non-farm income moderate the intensity of climate change induced migration in India? pp. 1125-1145

Gauri Sreekumar, Sabuj Kumar Mandal and Anviksha Drall

Ghana and the IMF: Policy shifts, economic bailouts and macroeconomic outcomes pp. 1146-1164

Suale Karimu

European VAT collection under the stress: Best to use few reduced rates pp. 1165-1185

Alžběta Dytrychová, Hana Zídková and Markéta Arltová

Fiscal policy and public debt: Government investment is most effective to promote sustainability pp. 1186-1209

Giovanna Ciaffi, Matteo Deleidi and Lorenzo Di Domenico

Fiscal stance role for ECB monetary policy pp. 1210-1227

Linas Jurkšas and Francisco Gomes Pereira

The economy-wide impact of cooking oil subsidy reforms and compensation to the oil palm industry pp. 1228-1242

Jing Jing Liu, Norlida Hanim Mohd Salleh and Nor Ghani Md Nor

Racial diversity, child stunting and underweight: Policies design and promotion in South Africa pp. 1243-1262

Isaac Koomson, Clifford Afoakwah and Martinson Ankrah Twumasi

Health and growth in China: Greater investment in both soft- and hard-ware are needed pp. 1263-1273

Fu Shuyong, Chen Shuyu and Zhai Jinlong

Labour supply responses to a negative income tax in Spain pp. 1274-1287

Amadeo Fuenmayor, Rafael Granell and Teresa Savall

Volume 46, issue 5, 2024

How effective is equality regulation in reducing gender gaps in the labor market?☆ pp. 823-846

Juan S. Mora-Sanguinetti and Andrés Atienza-Maeso

The relevance of development policies to confront crisis situations: World Bank’s early response to Covid-19 pp. 847-866

Dominik Naeher, Raghavan Narayanan and Virginia Ziulu

Immigration and the distribution of income, consumption and wealth in the euro area: Implications for economic policies pp. 867-886

Maarten Dossche, Aleksandra Kolndrekaj, Maximilian Propst, Javier Ramos Perez, Jiri Slacalek and Marton Vegh

How do carbon prices spill over along global supply chains? The impact on Europe and Germany pp. 887-907

Ivan Frankovic

Transitionning and the trinity nexus: Scenarios from a small country pp. 908-927

Abdoulganiour Almame Tinta

Fed and ECB reaction functions during quantitative easing: Three phases of monetary policy, both conventional and unconventional pp. 928-945

F.J. Rodriguez-Rodriguez, L.A. Hierro and A.J. Garzon

The macroeconomic impact of structural reforms: The case of Italy pp. 946-963

D’Andrea, Sara, D’Andrea, Silvia, Giovanni Di Bartolomeo, D’Imperio, Paolo, Giancarlo Infantino and Mara Meacci

The emotions for COVID-19 vaccine: Insights from Twitter analytics about hesitancy and willingness for vaccination pp. 964-984

Shiwangi Singh, Sanjay Dhir and Sushil,

Policy steps in the federal budget and health care to achieve sustainable fiscal conditions in the U.S pp. 985-999

Mark J. Warshawsky, John Mantus and Gaobo Pang

Is bribery a conscious, strategic and rational choice? Impact on firms’ growth in India pp. 1000-1019

Prabin Chauhan Chhetri and Rajesh Raj S.N.

Fiscal policy in times of fiscal stress (or what to do when r > g) pp. 1020-1054

Roy Havemann and Hylton Hollander

Harmonizing economic and environmental costs in the CAP to improve efficiency and effectiveness of policies pp. 1055-1069

Marco Vassallo, Orlando Cimino and Roberto Henke

Volume 46, issue 4, 2024

Editorial pp. 704-705

Dominick Salvatore

How to get monetary policy back on track pp. 706-713

John B. Taylor

Globalization and growth in a bipolar world pp. 714-722

Barry Eichengreen

US international trade policy: Scenarios of protectionism and trade wars pp. 723-739

Sherman Robinson and Karen Thierfelder

The economic determinants of world disorder events: An empirical analysis pp. 740-756

Dominick Salvatore, Cosimo Magazzino, Angelo Leogrande and Alberto Costantiello

Trade and growth and the likely output of GDP in 2025 pp. 757-762

Fred Campano and Dominick Salvatore

Revisiting the effects of exchange and capital restrictions on trade pp. 763-778

Rodolfo Campos, Julia Estefania-Flores, Davide Furceri, Jonathan Ostry and Jacopo Timini

Fiscal revenue mobilization and digitally traded products: Taxing at the border or behind it? pp. 779-801

Tibor Hanappi, Adam Jakubik and Michele Ruta

Recent changes in the structure of U.S. imports from China implications for the future pp. 802-812

Andrew R. Blair

Relationship between trade and growth for developing countries at different levels of income pp. 813-822

Dominick Salvatore and Janhavi Shankar Tripathi

Volume 46, issue 3, 2024

The impact of the shadow economy on the direct-indirect tax mix: Can central banks’ independence mitigate the effect? pp. 475-493

Ioannis Dokas, Minas Panagiotidis, Stephanos Papadamou and Eleftherios Spyromitros

Inequalities in educational achievement: Effect of individuals’ capabilities & social identity pp. 494-513

Diptanshu Gaur, Shivendra Kumar Pandey and Dheeraj Sharma

Economic crisis and crime: Money under the mattress during financial destabilization pp. 514-529

Eleni Kyrkopoulou, Alexandros Louka and Kristin Fabbe

Does foreign currency borrowing make firms vulnerable? Experience of emerging India pp. 530-551

Abhisek Sur, Amarendu Nandy and Partha Ray

Assessing credit risk sensitivity to climate and energy shocks: Towards a common minimum standards in line with the ECB climate agenda pp. 552-568

Stefano Di Virgilio, Ivan Faiella, Alessandro Mistretta and Simone Narizzano

Are immunization policies sustainable in the Indian context? Insights into wastage and inefficiencies pp. 569-591

Utkarsh Shivam, Anand Kumar and Samir K. Srivastava

Aggregate demand and inflation response to monetary policy shocks in Tunisia pp. 592-612

Mohamed Ben Mimoun, Jamel Boukhatem and Asma Raies

The dynamics of redistribution, inequality and growth across China’s regions pp. 613-637

Xiaoliang Yang, Lucy Barros, Kent Matthews and David Meenagh

Should the South African Reserve Bank lower the inflation target band? Insights from the GDP-inflation nexus pp. 638-654

Eliphas Ndou and Nombulelo Gumata

Socioeconomic and demographic determinants of financial inclusion in South Asia: Integrated policy for targeted groups of population pp. 655-682

Sumit Kumar and Kalandi Charan Pradhan

Political favouritism and inefficient management: Policy-makers’ birth town bias in EU quality certifications pp. 683-702

Giuliano Resce and Cristina Vaquero-Piñeiro

Volume 46, issue 2, 2024

The transition from COVID-19 infections to deaths: Do governance quality and corruption affect it? pp. 235-253

Bartosz Gebka, Rama Prasad Kanungo and John Wildman

Fiscal decentralization for the delivery of health and education in Indian states: An ongoing process is more desirable than a policy shift pp. 254-271

Richa Singh, Sankalpa Bhattacharjee and Amarendu Nandy

The press and government, influencers of citizens’ political opinions: A quasi-experiment on Brexit pp. 272-288

Maria-Magdalena Roşu, Andrada Fiscutean and Mihaela Paun

Enterprise R&D, manufacturing innovation and macroeconomic impact: An evaluation of China’s Policy pp. 289-303

Qinyue Zheng, Xingmin Wang and Chunbing Bao

Impact of rural-urban energy equality on environmental sustainability and the role of governance pp. 304-335

Eric Evans Osei Opoku, Alex Acheampong and Olufemi Adewale Aluko

Innovation policy and corporate finance: The Italian automotive supply chain and its transition to Industry 4.0 pp. 336-353

G.G. Calabrese, G. Falavigna and Roberto Ippoliti

Sustainability reporting harmonisation? A utopian endeavour for European agri-food companies pp. 354-368

Carlos Anguiano-Santos, Melania Salazar-Ordóñez, Rossana Tornel-Vázquez and Macario Rodríguez-Entrena

Space launches and the environment: As the earth orbit level matters, what can be done? pp. 369-390

Ficawoyi Donou-Adonsou

Targeting profits: The economic impact of arms embargoes on defense companies pp. 391-416

Jeroen Klomp

Net Interest Income of Greek Banks: is it a case of Bankflation? pp. 417-431

George Agiomirgianakis, Stavros Arvanitis, Emmanuel Mamatzakis and George Sfakianakis

The never-ending debate: Do FDI promote institutional change? Evidence from India and partner countries pp. 432-447

Khushboo Kumari and Renjith Ramachandran

China’s macroeconomic performance affects trading partners: How can their policies respond? pp. 448-474

Aftab Alam, Jingmei Ma and Ibrar Hussain

Volume 46, issue 1, 2024

Productivity convergence in international trade: The role of industrial-based policies pp. 1-19

Saban Nazlioglu, İbrahim Huseyni, Ahmet Tunc and James Payne

Is it worth subsidising the cultural sector? New insights from Italian theatre companies pp. 20-38

Concetta Castiglione, Davide Infante and Marta Zieba

The threshold effect of institutional quality on sovereign debt and economic stability pp. 39-59

Mohammad Ashraful Chowdhury, Ehsanur Prince, Mohammad Shoyeb and Mohammad Abdullah

China's foreign direct investments: Do they promote domestic green technology? pp. 60-74

Xiang Cai, Xiaohui Zhao, Cuiting Jiang and Liguo Zhang

Social expenditure composition, inequality and growth in the OECD: Labour market policies are most effective pp. 75-89

Pedro Bação, Joshua Duarte and Marta Simões

Growth gains from offshore outsourcing pp. 90-112

Anwesha Basu, Sugata Marjit and C. Veeramani

The effectiveness of fiscal policy in Brazil through the MIDAS Lens pp. 113-128

Renan Santos Alves and Andreza Palma

The debt-growth nexus and debt sustainability in Nigeria: Are there reasons to be concerned? pp. 129-152

Olajide O. Oyadeyi, Olayode W. Agboola, Solomon O. Okunade and Tolulope Osinubi

Zombie-lending during the pandemic in India: Did the Central Bank reduce credit misallocation concerns of forbearance? pp. 153-170

Prasenjit Chakrabarti and Jasmeet Kaur

Does corruption starve Africa? The mitigating effect of political distribution of power pp. 171-197

Henri Njangang, Simplice Asongu and Eric Mouchili

How do industrialization and agricultural land use affect urban population in Turkey? Policy implications in the context of SDGs pp. 198-211

Volkan Göçoğlu and Serkan Göksu

Can policy achieve environmental fairness and environmental improvement? Evidence from the Xin’an River project in China pp. 212-234

Hong-Zhen Zhang, Ling-Yun He and ZhongXiang Zhang