This study investigates the impact of inflation on human capital investment decisions. Using a specially designed survey we estimate the causal effect of recent price level increases on the graduation plans of over 1,200 U.S. university students. We find that inflation caused over half of the...

The inflation rate has shown an upward trend globally, specifically after COVID-19, and the economies of the Gulf Cooperation Council (GCC) are not an exception. A heightened inflation in the modern globalized world is indeed undesirable due to its enormous adverse consequences on all sectors of...

The debate over CEO compensation persists despite extensive efforts by academics and technocrats to understand its determinants. Most research has focused on how firm-specific characteristics and CEO-specific traits influence CEO compensation. However, the results have been contradictory,...

A review is presented of the macroeconomics of climate change and policy. The review starts with a tractable workhorse model of the macroeconomics of climate and carbon pricing. It then discusses extensions to multiple countries. A discussion of the effects of macroeconomic and climate...

This study investigates the structural relationship between inflation and key macroeconomic fundamentals in Türkiye, an emerging economy characterized by persistently high and divergent inflation dynamics. Using monthly data for the 2011-2024 period, we apply the Kapetanios, Shin, and Snell...

How would fundamental political change in Iran, leading to a democratic system with a free and rulesbased economic order, affect Germany and the EU economically? In the event of change, sanctions could be scaled back, allowing Iran to rejoin the global economy. This study quantifies the economic...

The main point of this article is that inflation is a "real phenomenon" whose essence lies in the sphere of production. The article uses the Marxian Reproduction Schemes as its point of reference, assuming an economy based solely on commodity money, where one unit of commodity money is...

This article investigates the dynamic interrelationships between the shadow economy, inflation, and economic growth in 15 countries of the Middle East and North Africa (MENA) region over the period 1991-2017. The study employs a simultaneous equations framework estimated through the Three-Stage...