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While the actions of economists and politicians can be influenced by facts, statistics or empirical predictions, narratives are becoming an increasingly important factor for the decision making in the field of economics and politics. Evaluating such narratives not at selective points in time but...
Persistent link: https://www.econbiz.de/10013366011
Identifying narratives in texts is a challenging task, as not only narrative elements such as the factors and events have to be identified but their semantic relation has to be explained as well. Despite this complexity, an effective technique to extract narratives from texts can have a great...
Persistent link: https://www.econbiz.de/10013366012
The prompt availability of information on the current state of the economy in real-time is required for prediction purposes and crucial for timely policy adjustment and economic decision-making. While important macroeconomic indicators are reported only quarterly and also published with...
Persistent link: https://www.econbiz.de/10013366013
this type works best when it incorporates careful econometrics, serious consideration of underlying mechanisms (including …
Persistent link: https://www.econbiz.de/10013470353
Egypt's industries heavily rely on imported goods for production. Thus, an increase in imports could have a potentially positive effect on the labor market as it means more inputs for the production of exporting goods. Alternatively, minimal backward linkages in global value chains (GVCs) could...
Persistent link: https://www.econbiz.de/10013470389
Unlike many countries, Egypt did not experience significant labor market improvements following trade liberalization. In this paper, we build upon the earlier work of Robertson et al. (2021) to investigate why increased Egyptian exports did not directly increase employment. To illustrate the...
Persistent link: https://www.econbiz.de/10013470390
The sport economic literature relies on the city size to proxy for the size of the home market of sports teams. This paper seeks to clarify whether the commonly used definition for home market size in sports economics is actually a valid measure for revenue potential in the modern digital age....
Persistent link: https://www.econbiz.de/10014000510
In this paper, we explore the relationship between foreign aid fungibility and aggregate welfare. Using panel data from 35 low-income and lower-middle-income countries, we first check the presence of sectoral aid fungibility in our sample and find evidence for it. We then use econometric methods...
Persistent link: https://www.econbiz.de/10014322612