This paper examines the circumstances under which firms facilitate occupational transitions, complementing prior work that focuses on workers' decisions. We link unemployment insurance records with application diaries and clickstream data from a recruitment platform to causally assess how...

Credit card fraud detection remains a critical challenge for financial institutions, particularly due to extreme class imbalance and the continuously evolving nature of fraudulent behavior. This study investigates two complementary approaches: anomaly detection based on multivariate normal...

Background: Cold chain distribution in Agri-Biotech supply chains faces serious challenges due to strict time windows, high temperature sensitivity, and conflict between different operational objectives, and conventional static approaches are unable to address these complexities. Methods: In...

This paper evaluates an Adaptive LASSO-MGARCH model for multivariate volatility forecasting, with an application to green and conventional bonds, equities, energy commodities, and EU carbon allowances. By introducing coefficient-specific adaptive penalisation directly into the multivariate GARCH...

This paper evaluates an Adaptive LASSO-MGARCH model for multivariate volatility forecasting, with an application to green and conventional bonds, equities, energy commodities, and EU carbon allowances. By introducing coefficient-specific adaptive penalisation directly into the multivariate GARCH...

The contributions of Thermodynamics to Economics have been masterfully pioneered by P. A. Samuelson in his Foundations of Economic Analysis, adapting the Le Châtelier Principle to relate changes in economic variables. Recent contributions have been given, including the economic counterparts of...

This note synthesizes the World Bank’s approach to supporting the Philippines in addressing the plastic waste crisis. As one of the largest contributors to marine plastic pollution globally, the Philippines is estimated to leak more than 0,3 million metric tons of plastic waste into the ocean...

Monoclonal antibodies (mAbs) have revolutionized treatment in oncology, autoimmune disorders, and infectious diseases due to their high specificity and efficacy. However, access to mAbs in developing countries remains severely limited due to high costs, market concentration in high-income...

This paper explores ways in which borrower-based measures (BBMs) could be applied to commercial real estate (CRE) lending, focusing on suitable metrics and scope. BBMs have already proven to be effective in mitigating credit risks in residential real estate lending by curbing excessive credit...

Pluralistic ignorance is a social norms phenomenon in which people mistakenly believe that their personal preferences are not what most people around them support or prefer. This misalignment can lead individuals to adjust their behaviors away from their preferences. Pluralistic ignorance can...