We contribute to the literature on the international propagation of uncertainty shocks with a Global Vector Autoregressive (GVAR) model that quantifies the spillover effects of uncertainty shocks in the US on to real equity prices of 32 advanced and emerging countries (besides the US). In this...

In this paper we make a two-fold contribution. We first examine the impact of agricultural subsidies on Greece, using a detailed, micro-panel dataset for four years, 2008, 2010, 2012, and 2014. Our analysis is illuminating at least two aspects of subsidies: first, it suggests that an incentive...

This paper provides new evidence on why people who are eligible to receive a benefit do not apply for it, an occurrence most commonly referred to as "non-take-up". It examines the relationship between the characteristics of the Guaranteed Minimum Income (GMI) and the non-take-up rate achieved by...

This study investigates the extent to which capital inflows and their composition affect domestic credit growth in emerging market and developing economies (EMDEs) and the role of institutional quality in mediating the capital inflows and domestic credit growth nexus. Using a sample of 130 EMDEs...

This paper examines the impact of Chinese economic growth on the real price of crude oil based on monthly time series data from 1992:01 to 2017:06 using structural vector auto-regression (SVAR). The variables of the SVAR model are global crude oil production, index of global economic activity,...

This paper examines the bilateral relationship between the robot adoption and the age characteristics of the employment. The study analyzes the reciprocal effects of robotization on different generations and presents the analysis of the effects of age groups on the robotization of countries....

Manipulation of pandemic induced casualty data poses serious threat to globe. This study is an empirical attempt to assess possible factors causing such data fudging. In order to investigate strategic data misreporting by countries, we have employed acclaimed Benford's law on numbers of deaths...

In this paper, we re-examine the Phillips curve for Canada from June 1976 to October 2022 in a time-varying manner. Our findings reveal that the impulse response of inflation to the changes in the unemployment rate gap has reduced over time till 2010 and strengthened thereafter. The response of...

This paper studies the relationship between industry diversity and economic stability. The economic stability has been estimated using a panel-GARCH model. Our sample consists of US county-level data for the period 2003 to 2017. The results suggest that industry diversity improves economic...