In RD designs with multiple cutoffs, the identification of an average causal effect across cutoffs may be problematic if a marginally exposed subject is located exactly at each cutoff. This occurs whenever a fixed number of treatment slots is allocated starting from the subject with the highest...

This paper analyzes the joint association of emotions and knowledge in decision-making under uncertainty on a TV game show setting. The objective of this research is to understand the impact of emotions and knowledge on the preference for uncertainty (PU), which have mostly been investigated...

The lack of evidence for current theories of inflation, including the classic Keynesian approach and the classic Quantity Theory of Money (QTM) approach, is presented, followed by a new hypothesis for inflation. Two-Dimensional QTM (2-D QTM) tracks the cumulative imbalance of money supply versus...

Development and humanitarian agencies have rapidly embraced the concept of resilience since the 2008 global financial and food price crises. We report the results of a formal scoping review of the literature on development resilience over the ensuing period. The review identifies the theoretical...

This paper investigates irregularities in financial statements by applying the Beneish and Roxas models to Polish firms listed on the Warsaw Stock Exchange from 2015 to 2020. The total sample included 110 observations. The sample comprised companies that had received an adverse or disclaimer...

This study proposes a GARCH copula quantile regression model to capture the downside and upside tail dependence between oil price change and stock market returns at different risk levels. In the model, ten copulas are provided to measure the nonlinearity of the tail dependence with the marginal...

Using a panel of U.S. states over the period 1985 - 2010, we examine how Democratic governors affect economic freedom compared to Republican governors. Economic freedom is measured using the Economic Freedom of North America Index (EFNA). Given the emphasis this index places on smaller...