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 2, 2026

Harnessing the wind: foreign direct investment and green innovation pp. 1-31

Mohammad Jamal Bataineh, Pedro Sánchez-Sellero, Jesús López-Rodríguez and Fayssal Ayad

Macroeconomic surprises and financial market reactions: insights into euro area interest rates pp. 1-28

Riccardo Poli and Giulio Carlo Venturi

Bayesian inference on fully and partially identified potentially non-Gaussian structural vector autoregressions pp. 1-28

Jetro Anttonen, Markku Lanne and Jani Luoto

Is one plus one greater than two? College mergers and local innovation pp. 1-20

Xu Yuanrong

Structural bounds on group differences in treatment effects pp. 1-41

John Gardner

Global convergence in social progress? A club analysis using the Social Progress Index time series 1990–2020 pp. 1-35

Jesús Peiró-Palomino, Jaromír Harmáček and Petra Krylova

Monetary uncertainty and the labor market in the United States pp. 1-56

Nahiyan Faisal Azad and Apostolos Serletis

Navigating firm-level uncertainty: Does corporate internal control matter? pp. 1-36

Lili Yang, Tien-Ming Yip, Wee Yeap Lau and Sook-Lu Yong

Does oil price uncertainty impact corporate innovation? Insights from corporate culture pp. 1-23

Pattanaporn Chatjuthamard, Pornsit Jiraporn and Pandej Chintrakarn

Product assortment and competition: evidence from live-streaming platform influencers pp. 1-54

Ying-Chin Chen, Qifan Huang, Yushi Wang and Castiel Chen Zhuang

From protection to equity: investigating EPL’s role in income distribution pp. 1-29

Filippas Beteniotis and Dimitris Christopoulos

Effect of industrialization on unemployment: sub-national evidence from Turkey pp. 1-47

Burhan Can Karahasan

Volume 71, issue 1, 2026

Forecasting post-pandemic tourism demand: random forests and calendar variables pp. 1-39

Karsten Reichold

Forecasting the path of SNAP spending using state-level panel data models pp. 1-73

Pourya Valizadeh, Akash Issar, Henry L. Bryant, Bart L. Fischer and Rebecca Nemec Boehm

Quantifying fairness-efficiency trade-offs in machine learning credit models: a Pareto frontier approach using lending club data pp. 1-36

Tingting Li and Ping Lu

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

Using apple products to evaluate the law of one price and exchange rate passthrough pp. 1-26

R. Walker, G. du Rand, H. Hollander and D. van Lill

Parental education and parenting styles: quasi-experimental evidence from compulsory schooling reforms pp. 1-32

Songtao Yang

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

Can halving income tax improve the quality of export products in small and micro enterprises? pp. 1-31

Xiaohui Liu, Tan Wang, Mingyi Wang and Xuena Geng

Environmental goal constraints, technological innovation, and urban ESG development based on the moderating role of intellectual capital pp. 1-21

Yiwei Wang, Ying Dong and Yijing Weng

Distributional patterns in the US monetary transmission: quantile cointegration evidence pp. 1-41

Ricardo Quineche, Pierina Montano and Royer Tipo

Half a century of Empirical Economics: a bibliometric retrospective pp. 1-72

Muhammad Saqlain, José M. Merigó, Ana M. Gil-Lafuente, Finn Kydland, Lluis Amiguet and Robert Kunst

Volume 70, issue 6, 2026

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

Lu Yao, Ronghan Xie and Mengde Liu

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

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

Jan Willem End

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

Sebastian Gallegos

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

Florina Burdet

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

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

Diego Vallarino

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

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

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

Franz Hackl, Michael Hölzl-Leitner and Dieter Pennerstorfer

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

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

Enrico De Monte

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

Milan Ščasný and Matěj Opatrný

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

Cosmas Dery and Nahiyan Faisal Azad

Volume 70, issue 5, 2026

State capacity and growth regimes pp. 1-34

Patrick A. Imam and Jonathan Temple

Automation, skill and job creation pp. 1-44

Kaizhao Guo

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

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

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

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

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

Annemiek Schilpzand

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

Hannelore Nelissen and Kristof De Witte

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

Luiggi Donayre and Lacey Loomer

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

Peng Liu, Nannan Guo and Yingke Liu

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

Mohammad Amin and Caroline Nogueira

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

Nour-eddine Echcharfi

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

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

Renzo Pardo-Figueroa

Volume 70, issue 4, 2026

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

Phuong Anh Nguyen and Michael Wolf

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

Joshua Clark and Michael S. Delgado

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

Min Hu, Angela Daley and Barry Watson

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

Fayssal Ayad

Volume 70, issue 3, 2026

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

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

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

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

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

Qiuchuan Jiang, Weiwei Zhao and Kun Zhang

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

Natalia Orlova, Derek Rury and Justin Wiltshire

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

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

Tural Yusifzada, Hasan Comert and Vugar Ahmadov

Fiscal flows and asset prices pp. 1-17

Michael O’Connell and Jonathan Fletcher

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

Sébastien Mary

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

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

Carlos Trucíos

Volume 70, issue 2, 2026

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

Masamune Iwasawa and Hayato Nakanishi

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

Xuewei Zhou, Zisheng Ouyang, Rangan Gupta and Qiang Ji

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

Sidney M. Caetano and João H. G. Mazzeu

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

Bruno Rocha

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

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

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

Michael Pfaffermayr

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

Urbashi Mookerjee

Spurious significance under shifted mean pp. 1-20

Yijie Fei

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

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

Yangyang Ji

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

Nicola Caravaggio, Raffaele Lagravinese and Giuliano Resce

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

Yang Zhou and Shigeto Kitano

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

Xi Lin, Geng Huang and Ling-Yun He

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

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

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

Davide Fiaschi and Paul Johnson

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

Lorenzo Corsini and Paolo Dyno Frumento

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

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

Fayssal Ayad

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

Abdurrahman B. Aydemir and Erkan Duman

Volume 70, issue 1, 2026

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

Martina Repetto, Claudio Lucifora and Antonio Russo

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

Japan Huynh

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

Gabriel Pino and Jose Barrales-Ruiz

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

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

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

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

Christos Tzomakas

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

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

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

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