Economic Notes最新文献

英文中文

General overview of the first 50 years of Economic Notes , 1972–2021 《经济报告》前50年的总体概况，1972-2021年

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-12-01 DOI: 10.1111/ecno.12211

G. Ferri

引用次数: 0

Economic Notes : 1999–2011 经济资料:1999-2011年

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-12-01 DOI: 10.1111/ecno.12217

A. Roma

引用次数: 0

Economic notes: The early years, 1972–1983 经济注释:早期，1972-1983年

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-12-01 DOI: 10.1111/ecno.12215

Pier Francesco Asso, G. Ferri

引用次数: 0

The years of Monte dei Paschi's disengagement 2012–2019 2012年至2019年，蒙特·德·帕斯基(Monte dei Paschi)退出的年份

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-12-01 DOI: 10.1111/ecno.12212

G. Ferri, L. Fiorito

引用次数: 0

Does income inequality really matter for credit booms? 收入不平等对信贷繁荣真的重要吗？

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-11-19 DOI: 10.1111/ecno.12208

Rym Ayadi, Sami B. Naceur, Sandra Challita

This paper addresses the question whether income inequality is associated with credit booms, alongside other macroeconomic factors. We distinguish between the different types of credit booms—real estate credit booms, household credit booms, firm credit booms and credit booms that turn into crises. Furthermore, our analysis of a sample of 70 countries between 1990 and 2016 does not provide any evidence of credit booms driving income inequality. We observe that capital inflows increase the likelihood of credit boom occurrence, while countries experiencing high economic growth tend to have more credit booms. Finally, we note that credit booms are more frequent in countries with fixed exchange rate regimes.

本文探讨了收入不平等是否与信贷繁荣以及其他宏观经济因素有关的问题。我们区分不同类型的信贷繁荣——房地产信贷繁荣、家庭信贷繁荣、企业信贷繁荣和转变为危机的信贷繁荣。此外，我们对1990年至2016年间70个国家的样本进行的分析没有提供任何证据表明信贷繁荣导致了收入不平等。我们观察到，资本流入增加了信贷繁荣发生的可能性，而经济增长率高的国家往往会出现更多的信贷繁荣。最后，我们注意到，在实行固定汇率制度的国家，信贷繁荣更加频繁。

引用次数: 0

Issue Information (ECNO) 问题信息（ECNO）

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-10-08 DOI: 10.1111/ecno.12189

引用次数: 0

Did cryptocurrencies exhibit log‐periodic power law signature during the second wave of COVID‐19? 在第二波COVID - 19期间，加密货币是否表现出对数周期幂律特征?

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-09-21 DOI: 10.1111/ecno.12207

Bikramaditya Ghosh, Spyros Papathanasiou, Georgios Pergeris

Many studies have associated cryptocurrencies with bubbles, especially during stressed market conditions such as the recent outbreak of the second wave of COVID-19. Although the majority of studies have focused on Bitcoin, we investigate the predictability of bubble formation in the cryptocurrency market by using the log-periodic power law and we uncover some important stylized facts of this market. Our sample consists of data for a selection of 15 cryptocurrencies for the period between 1 January 2021 and 1 September 2021 which coincides with the second wave of COVID-19. We analyse 86 speculative bubbles, and we find that the cryptocurrency market has three times higher drawdown over equities during stressed market conditions. © 2022 Banca Monte dei Paschi di Siena SpA.

许多研究将加密货币与泡沫联系起来，特别是在市场紧张的情况下，比如最近爆发的第二波COVID-19。尽管大多数研究都集中在比特币上，但我们通过使用对数周期幂律来研究加密货币市场中泡沫形成的可预测性，并揭示了该市场的一些重要风格化事实。我们的样本包括2021年1月1日至2021年9月1日期间精选的15种加密货币的数据，这段时间恰逢第二波COVID-19。我们分析了86个投机泡沫，发现在市场紧张的情况下，加密货币市场的跌幅是股市的三倍。©2022 Banca Monte dei Paschi di Siena SpA

引用次数: 2

Did cryptocurrencies exhibit log-periodic power law signature during the second wave of COVID-19? 在第二波新冠肺炎疫情期间，加密货币是否表现出对数周期幂律特征？

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-09-21 DOI: 10.1111/ecno.12207

Bikramaditya Ghosh, Spyros Papathanasiou, Georgios Pergeris

许多研究将加密货币与泡沫联系在一起，尤其是在最近爆发第二波新冠肺炎等紧张的市场条件下。尽管大多数研究都集中在比特币上，但我们通过使用对数周期幂律来研究加密货币市场泡沫形成的可预测性，并揭示了该市场的一些重要的程式化事实。我们的样本包括2021年1月1日至2021年9月1日期间选择的15种加密货币的数据，该期间恰逢第二波新冠肺炎。我们分析了86个投机泡沫，发现在市场紧张的情况下，加密货币市场的跌幅是股票的三倍。

引用次数: 2

Small firms amidst COVID-19: Financial constraints and role of government support 新冠肺炎中的小企业：财政限制和政府支持的作用

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-09-07 DOI: 10.1111/ecno.12206

Radeef Chundakkadan, Rajesh Raj Natarajan, Subash Sasidharan

The coronavirus disease 2019 has severely affected the financially constrained small and medium enterprises (SMEs). In response, various countries employed several policies to support SMEs. Using rich firm-level data from 34 countries, we study the impact of the pandemic-led crisis on cash-strapped SMEs and the role of governments in offsetting losses. Our results suggest that (i) government support programmes target mostly financially constrained firms; (ii) firms adjustments to the pandemic are associated with the likelihood of government support; (iii) financially constrained firms are more likely to lay off workers; and (iv) financially constrained firms layoff more male employees than female employees.

2019冠状病毒病严重影响了财政拮据的中小企业。作为回应，各国采取了若干政策来支持中小企业。利用来自34个国家的丰富的企业级数据，我们研究了疫情引发的危机对资金短缺的中小企业的影响，以及政府在抵消损失方面的作用。我们的研究结果表明：（i）政府支持计划主要针对财务受限的公司；（ii）企业对疫情的调整与政府支持的可能性有关；（iii）财务拮据的公司更有可能裁员；四财务拮据的公司裁减的男性雇员多于女性雇员。

引用次数: 8

Effect of abnormal credit expansion and contraction on GDP per capita in ECOWAS countries 西非经共体国家信贷异常扩张和收缩对人均GDP的影响

IF 1.5 Q3 ECONOMICS

Economic Notes

Pub Date : 2022-08-29 DOI: 10.1111/ecno.12205

Peterson K. Ozili, Jide Oladipo, Paul Terhemer Iorember

We investigate the impact of abnormal credit expansion and contraction on the GDP per capita of ECOWAS countries. We analyse abnormal credit from two dimensions: first, the impact of abnormal credit contraction on GDP per capita, and second, the impact of abnormal credit expansion on GDP per capita. Using data for 10 ECOWAS countries from 1993 to 2021, we find evidence that abnormal credit contraction reduces the GDP per capita of ECOWAS countries. We also find some evidence that abnormal credit expansion reduces the GDP per capita of ECOWAS countries. More specifically, a unit increase in abnormal credit contraction decreases GDP per capita by 0.99 percent while a unit increase in abnormal credit expansion decreases GDP per capita by only 0.1 percent. The findings confirm that ‘ too little’ or ‘too much ’ credit does not improve economic output per person in immature financial systems. We also observe that banking sector solvency and a strong legal system have a positive effect on the GDP per capita of ECOWAS countries while banking sector efficiency has a negative effect on GDP per capita. that abnormal credit contraction reduces the GDP per capita of ECOWAS countries. This indicates that abnormal cuts in credit to the private sector lowers economic output per person in ECOWAS countries. We also find some evidence that abnormal credit expansion reduces the GDP per capita of ECOWAS countries. This indicates that abnormal increases in credit to the private sector lowers economic output per person in ECOWAS countries.

我们研究了非常态信贷扩张和收缩对西非经共体国家人均GDP的影响。我们从两个维度分析信贷异常:一是信贷异常收缩对人均GDP的影响，二是信贷异常扩张对人均GDP的影响。利用10个西非经共体国家1993年至2021年的数据，我们发现异常信贷收缩降低了西非经共体国家人均GDP的证据。我们还发现了一些证据表明，异常信贷扩张降低了西非经共体国家的人均GDP。更具体地说，反常信贷收缩的单位增长使人均GDP下降0.99%，而反常信贷扩张的单位增长仅使人均GDP下降0.1%。研究结果证实，在不成熟的金融体系中，“太少”或“太多”的信贷不会提高人均经济产出。我们还观察到，银行业偿付能力和强大的法律体系对西非经共体国家的人均GDP有积极影响，而银行业效率对人均GDP有负面影响。反常的信贷收缩降低了西非经共体国家的人均国内生产总值。这表明对私营部门信贷的不正常削减降低了西非经共体国家的人均经济产出。我们还发现了一些证据表明，异常信贷扩张降低了西非经共体国家的人均GDP。这表明私营部门信贷的异常增加降低了西非经共体国家的人均经济产出。

{"title":"Effect of abnormal credit expansion and contraction on GDP per capita in ECOWAS countries","authors":"Peterson K. Ozili, Jide Oladipo, Paul Terhemer Iorember","doi":"10.1111/ecno.12205","DOIUrl":"https://doi.org/10.1111/ecno.12205","url":null,"abstract":"We investigate the impact of abnormal credit expansion and contraction on the GDP per capita of ECOWAS countries. We analyse abnormal credit from two dimensions: first, the impact of abnormal credit contraction on GDP per capita, and second, the impact of abnormal credit expansion on GDP per capita. Using data for 10 ECOWAS countries from 1993 to 2021, we find evidence that abnormal credit contraction reduces the GDP per capita of ECOWAS countries. We also find some evidence that abnormal credit expansion reduces the GDP per capita of ECOWAS countries. More specifically, a unit increase in abnormal credit contraction decreases GDP per capita by 0.99 percent while a unit increase in abnormal credit expansion decreases GDP per capita by only 0.1 percent. The findings confirm that ‘ too little’ or ‘too much ’ credit does not improve economic output per person in immature financial systems. We also observe that banking sector solvency and a strong legal system have a positive effect on the GDP per capita of ECOWAS countries while banking sector efficiency has a negative effect on GDP per capita. that abnormal credit contraction reduces the GDP per capita of ECOWAS countries. This indicates that abnormal cuts in credit to the private sector lowers economic output per person in ECOWAS countries. We also find some evidence that abnormal credit expansion reduces the GDP per capita of ECOWAS countries. This indicates that abnormal increases in credit to the private sector lowers economic output per person in ECOWAS countries.","PeriodicalId":44298,"journal":{"name":"Economic Notes","volume":"4 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88238722","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

首页上一页

下一页尾页

类型

全部化学•材料生命科学医学物理工程技术环境•农林材料科学地球科学法学管理学化学环境科学与生态学计算机科学教育学经济学农林科学人文科学生物学数学物理与天体物理心理学综合性期刊其他工业工程理学历史学农学文学信息工程

数据库

全部 ACS Publications Elsevier ieeexplore Springer The Royal Society of Chemistry Wiley

期刊

Economic Notes

全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.

﹀