首页 > 最新文献

European Journal of Political Economy最新文献

英文 中文
Macroeconomic effects from media coverage of the China–U.S. trade war on selected EU countries 媒体报道中美贸易战对部分欧盟国家的宏观经济影响
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-25 DOI: 10.1016/j.ejpoleco.2024.102611
Joscha Beckmann , Robert L. Czudaj , Michael Murach
The objective of this paper is to analyze the macroeconomic effects of media coverage related to the trade conflict between China and the U.S. for selected countries of the European Union. Our main aim is to evaluate whether media coverage constitutes a relevant transmission channel for macroeconomic effects. We evaluate the response of survey-based macroeconomic expectations, stock prices, and realized industrial production. Our analysis focuses on Germany, France, Italy, and Spain in order to allow for heterogeneous effects across major EU countries. We find significant effects on expectations, stock prices, and industrial production. Especially, a significantly negative effect on current account expectations is observed for three of the four considered EU countries (Germany, Italy, and Spain).
本文旨在分析与中美贸易冲突相关的媒体报道对欧盟部分国家宏观经济的影响。我们的主要目的是评估媒体报道是否构成宏观经济效应的相关传导渠道。我们评估了基于调查的宏观经济预期、股票价格和实际工业生产的反应。我们的分析侧重于德国、法国、意大利和西班牙,以考虑欧盟主要国家之间的异质性效应。我们发现了对预期、股票价格和工业生产的重大影响。特别是,在四个欧盟国家中的三个国家(德国、意大利和西班牙),经常账户预期受到了明显的负面影响。
{"title":"Macroeconomic effects from media coverage of the China–U.S. trade war on selected EU countries","authors":"Joscha Beckmann ,&nbsp;Robert L. Czudaj ,&nbsp;Michael Murach","doi":"10.1016/j.ejpoleco.2024.102611","DOIUrl":"10.1016/j.ejpoleco.2024.102611","url":null,"abstract":"<div><div>The objective of this paper is to analyze the macroeconomic effects of media coverage related to the trade conflict between China and the U.S. for selected countries of the European Union. Our main aim is to evaluate whether media coverage constitutes a relevant transmission channel for macroeconomic effects. We evaluate the response of survey-based macroeconomic expectations, stock prices, and realized industrial production. Our analysis focuses on Germany, France, Italy, and Spain in order to allow for heterogeneous effects across major EU countries. We find significant effects on expectations, stock prices, and industrial production. Especially, a significantly negative effect on current account expectations is observed for three of the four considered EU countries (Germany, Italy, and Spain).</div></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"85 ","pages":"Article 102611"},"PeriodicalIF":2.3,"publicationDate":"2024-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142320316","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Beyond the party push: Gender differences in voters’ persuasion 超越政党推动:选民说服力中的性别差异
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-18 DOI: 10.1016/j.ejpoleco.2024.102613
Giulia Savio

Despite ongoing efforts to bridge gender disparities, women continue to be underrepresented in political spheres. This paper proposes a novel explanation for the female disadvantage in electoral success, focusing on politicians’ capacity to broaden their electoral base and appeal to voters from opposing parties. Drawing on Swiss elections, this paper leverages various aspects of the electoral system. In Switzerland, the electoral process is characterized by open lists, allowing voters to select candidates within their preferred party, and cross-voting, enabling them to choose candidates from other party lists. Additionally, electoral registers provide data on the number of preference votes garnered by each candidate, categorized by the voter’s preferred party. The analysis reveals that individual preference votes play a pivotal role in driving gender disparities in candidates’ electoral achievements. While the gender gap in preferences expressed by supporters of a particular party is less robust, male politicians outperform their female counterparts significantly in collecting preference votes through cross-voting. This implies that male politicians are more skilled at persuading voters from rival parties. These findings, motivated by various underlying mechanisms, carry considerable policy implications concerning the approach to addressing gender inequalities in politics.

尽管一直在努力缩小性别差异,但女性在政治领域的代表性仍然不足。本文对女性在选举成功中的劣势提出了新的解释,重点关注政治家扩大选举基础和吸引对立党派选民的能力。本文以瑞士选举为基础,利用选举制度的各个方面。在瑞士,选举过程的特点是开放式名单,允许选民选择自己心仪政党的候选人,以及交叉投票,允许选民选择其他政党名单上的候选人。此外,选举登记册还提供了按选民所选政党分类的每位候选人所获偏好票数的数据。分析表明,个人偏好票在推动候选人选举成就的性别差异方面发挥了关键作用。虽然某一政党支持者所表达的偏好的性别差距并不明显,但男性政治家在通过交叉投票收集偏好票方面明显优于女性政治家。这意味着男性政治家更善于说服敌对党派的选民。这些研究结果由各种基本机制促成,对解决政治中的性别不平等问题具有重要的政策意义。
{"title":"Beyond the party push: Gender differences in voters’ persuasion","authors":"Giulia Savio","doi":"10.1016/j.ejpoleco.2024.102613","DOIUrl":"10.1016/j.ejpoleco.2024.102613","url":null,"abstract":"<div><p>Despite ongoing efforts to bridge gender disparities, women continue to be underrepresented in political spheres. This paper proposes a novel explanation for the female disadvantage in electoral success, focusing on politicians’ capacity to broaden their electoral base and appeal to voters from opposing parties. Drawing on Swiss elections, this paper leverages various aspects of the electoral system. In Switzerland, the electoral process is characterized by open lists, allowing voters to select candidates within their preferred party, and cross-voting, enabling them to choose candidates from other party lists. Additionally, electoral registers provide data on the number of preference votes garnered by each candidate, categorized by the voter’s preferred party. The analysis reveals that individual preference votes play a pivotal role in driving gender disparities in candidates’ electoral achievements. While the gender gap in preferences expressed by supporters of a particular party is less robust, male politicians outperform their female counterparts significantly in collecting preference votes through cross-voting. This implies that male politicians are more skilled at persuading voters from rival parties. These findings, motivated by various underlying mechanisms, carry considerable policy implications concerning the approach to addressing gender inequalities in politics.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"85 ","pages":"Article 102613"},"PeriodicalIF":2.3,"publicationDate":"2024-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0176268024001150/pdfft?md5=6f8f28f97398246e29324cfb00461b55&pid=1-s2.0-S0176268024001150-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142272343","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Breaking the silence: The effects of online social movements on gender-based violence 打破沉默:网络社会运动对性别暴力的影响
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-17 DOI: 10.1016/j.ejpoleco.2024.102598
Michele Battisti , Ilpo Kauppinen , Britta Rude
This paper investigates the impact of online social movements against gender-based violence (GBV) on GBV-related crime. Using machine learning techniques, we construct a novel dataset tracking the prevalence of GBV-related social media movements on Twitter from 2014 to 2017. Matching this data with weekly FBI crime reports across U.S. states we estimate the effect of tweets related to GBV on GBV-related reported crime. Our econometric approach aims to mitigate concerns of spurious correlations arising from common trends in Twitter usage and crime. We estimate national level regressions with differential effects on GBV-related and non-GBV-related crimes within the same week, as well as regressions at the state-by-week level controlling for state and month fixed effects. Our main findings reveal that GBV-related tweets led to a small but significant short-term decrease in GBV-related crime reports. Further analysis suggests that the decrease is attributable to a reduction in actual crime rather than in reporting behavior.
本文研究了反对性别暴力(GBV)的网络社交运动对性别暴力相关犯罪的影响。利用机器学习技术,我们构建了一个新的数据集,追踪 2014 年至 2017 年 Twitter 上与 GBV 相关的社交媒体运动的流行情况。将该数据与美国各州的联邦调查局每周犯罪报告相匹配,我们估算了与性别暴力相关的推文对性别暴力相关犯罪报告的影响。我们的计量经济学方法旨在减轻人们对推特使用和犯罪的共同趋势所产生的虚假相关性的担忧。我们估算了国家层面的回归结果,其中包括对同一周内与 GBV 相关和非 GBV 相关犯罪的不同影响,以及控制了州和月固定效应的逐周回归结果。我们的主要研究结果表明,与性别暴力相关的推文导致与性别暴力相关的犯罪报告在短期内出现了小幅但显著的下降。进一步的分析表明,这种下降是由于实际犯罪的减少而非报告行为的减少。
{"title":"Breaking the silence: The effects of online social movements on gender-based violence","authors":"Michele Battisti ,&nbsp;Ilpo Kauppinen ,&nbsp;Britta Rude","doi":"10.1016/j.ejpoleco.2024.102598","DOIUrl":"10.1016/j.ejpoleco.2024.102598","url":null,"abstract":"<div><div>This paper investigates the impact of online social movements against gender-based violence (GBV) on GBV-related crime. Using machine learning techniques, we construct a novel dataset tracking the prevalence of GBV-related social media movements on Twitter from 2014 to 2017. Matching this data with weekly FBI crime reports across U.S. states we estimate the effect of tweets related to GBV on GBV-related reported crime. Our econometric approach aims to mitigate concerns of spurious correlations arising from common trends in Twitter usage and crime. We estimate national level regressions with differential effects on GBV-related and non-GBV-related crimes within the same week, as well as regressions at the state-by-week level controlling for state and month fixed effects. Our main findings reveal that GBV-related tweets led to a small but significant short-term decrease in GBV-related crime reports. Further analysis suggests that the decrease is attributable to a reduction in actual crime rather than in reporting behavior.</div></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"85 ","pages":"Article 102598"},"PeriodicalIF":2.3,"publicationDate":"2024-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142660067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The perceived impact of immigration on native workers’ labour market outcomes 移民对本地工人劳动力市场成果的预期影响
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-06 DOI: 10.1016/j.ejpoleco.2024.102610
Bernd Hayo , Duncan H.W. Roth

A sizeable literature analyses how immigration affects attitudes towards migrants and discusses differences between socio-economic groups and their potential correlation with perceived concerns about labour market competition. Against the background of the large-scale influx of refugees into Germany between 2015 and 2016, this paper uses data from a unique and representative survey of the German population to assess whether respondents express fears of job loss due to immigration. We focus on the importance of perceptions of migrants' ability to do one's job in relation to these fears. Moreover, we compare concerns about refugees with those about EU migrants and propose several hypotheses. Our findings indicate that: (i) Respondents are more likely to view EU migrants as potential competitors in the labour market. (ii) Workers in blue-collar occupations and without tertiary education are more likely to view migrants as potential competitors on the labour market. (iii) The perception of potential competition from migrants strongly predicts fear of job loss. Once we control for this perception, occupation and skill levels are no longer significantly related to the probability of reporting fear of job loss. Moreover, there are no longer significant differences between the two migrant groups. (iv) Anti-migrant sentiments are also associated with concerns about job loss.

大量文献分析了移民如何影响人们对移民的态度,并讨论了社会经济群体之间的差异及其与人们对劳动力市场竞争的担忧之间的潜在关联。在 2015 年至 2016 年难民大规模涌入德国的背景下,本文利用一项独特而具有代表性的德国人口调查数据,评估受访者是否表达了对移民导致失业的担忧。我们重点关注对移民工作能力的看法与这些担忧之间的关系。此外,我们还比较了对难民和欧盟移民的担忧,并提出了几个假设。我们的研究结果表明(i) 受访者更倾向于将欧盟移民视为劳动力市场的潜在竞争者。(ii) 从事蓝领职业且未受过高等教育的工人更有可能将移民视为劳动力市场的潜在竞争者。(iii) 对来自移民的潜在竞争的看法强烈预测了对失业的恐惧。一旦我们控制了这种看法,职业和技能水平就不再与报告担心失业的概率显著相关。此外,两个移民群体之间也不再存在显著差异。(iv) 反移民情绪也与担心失业有关。
{"title":"The perceived impact of immigration on native workers’ labour market outcomes","authors":"Bernd Hayo ,&nbsp;Duncan H.W. Roth","doi":"10.1016/j.ejpoleco.2024.102610","DOIUrl":"10.1016/j.ejpoleco.2024.102610","url":null,"abstract":"<div><p>A sizeable literature analyses how immigration affects attitudes towards migrants and discusses differences between socio-economic groups and their potential correlation with perceived concerns about labour market competition. Against the background of the large-scale influx of refugees into Germany between 2015 and 2016, this paper uses data from a unique and representative survey of the German population to assess whether respondents express fears of job loss due to immigration. We focus on the importance of perceptions of migrants' ability to do one's job in relation to these fears. Moreover, we compare concerns about refugees with those about EU migrants and propose several hypotheses. Our findings indicate that: (i) Respondents are more likely to view EU migrants as potential competitors in the labour market. (ii) Workers in blue-collar occupations and without tertiary education are more likely to view migrants as potential competitors on the labour market. (iii) The perception of potential competition from migrants strongly predicts fear of job loss. Once we control for this perception, occupation and skill levels are no longer significantly related to the probability of reporting fear of job loss. Moreover, there are no longer significant differences between the two migrant groups. (iv) Anti-migrant sentiments are also associated with concerns about job loss.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"85 ","pages":"Article 102610"},"PeriodicalIF":2.3,"publicationDate":"2024-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0176268024001125/pdfft?md5=976ce8c143b6fd3cd05a57ada3f83648&pid=1-s2.0-S0176268024001125-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142229446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Support for temporary protection of displaced populations in the EU: A conjoint experiment 欧盟对流离失所者临时保护的支持:联合实验
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-02 DOI: 10.1016/j.ejpoleco.2024.102601
Michal Krawczyk , Andrea Blasco , Tomasz Gajderowicz , Marek Giergiczny

Millions of people were forced to flee Ukraine after Russia's invasion on February 24, 2022, one of the fastest displacements in decades. Citizens' response in EU countries (where most displaced Ukrainians arrived) has been considerably more positive than in past refugee crises. This study investigates several possible drivers of this difference. We conduct a large conjoint experiment in six EU Member States, eliciting willingness to provide temporary protection to hypothetical groups of future migrants whose characteristics we manipulate systematically. We find that all of the experimental variables make a difference. We observe a greater support for protecting groups consisting of relatively many children and many women rather than men. The region of origin and the religious affiliation play a major role. Finally, we see greater support for people fleeing a war rather than poverty or the adverse consequences of climate change. While all these effects are identified consistently across different groups of respondents (e.g., the respondent's religion played a limited role), effect sizes vary considerably between countries. Finally, we randomly manipulate which aspect of temporary protection (social housing, access to the labour market) is emphasised in our communication to the participants. We find this manipulation to have a limited effect on the public support for the policy.

2022 年 2 月 24 日俄罗斯入侵乌克兰后,数百万人被迫逃离乌克兰,这是几十年来最快的一次流离失所。与以往的难民危机相比,欧盟国家(大多数流离失所的乌克兰人抵达欧盟)的公民反应要积极得多。本研究探讨了造成这种差异的几种可能原因。我们在六个欧盟成员国进行了一次大型联合实验,征询为假设的未来移民群体提供临时保护的意愿,我们系统地操纵了这些群体的特征。我们发现,所有实验变量都会产生影响。我们观察到,由相对较多的儿童和女性组成的群体比由男性组成的群体更受支持。原籍地区和宗教信仰也起着重要作用。最后,我们发现人们更支持逃离战争而不是贫困或气候变化的不利影响。虽然所有这些效应在不同的受访者群体中都是一致的(例如,受访者的宗教信仰所起的作用有限),但不同国家之间的效应大小却有很大差异。最后,我们随机操纵了在与参与者沟通时强调临时保护的哪一方面(社会住房、进入劳动力市场)。我们发现这种操纵对公众对政策的支持影响有限。
{"title":"Support for temporary protection of displaced populations in the EU: A conjoint experiment","authors":"Michal Krawczyk ,&nbsp;Andrea Blasco ,&nbsp;Tomasz Gajderowicz ,&nbsp;Marek Giergiczny","doi":"10.1016/j.ejpoleco.2024.102601","DOIUrl":"10.1016/j.ejpoleco.2024.102601","url":null,"abstract":"<div><p>Millions of people were forced to flee Ukraine after Russia's invasion on February 24, 2022, one of the fastest displacements in decades. Citizens' response in EU countries (where most displaced Ukrainians arrived) has been considerably more positive than in past refugee crises. This study investigates several possible drivers of this difference. We conduct a large conjoint experiment in six EU Member States, eliciting willingness to provide temporary protection to hypothetical groups of future migrants whose characteristics we manipulate systematically. We find that all of the experimental variables make a difference. We observe a greater support for protecting groups consisting of relatively many children and many women rather than men. The region of origin and the religious affiliation play a major role. Finally, we see greater support for people fleeing a war rather than poverty or the adverse consequences of climate change. While all these effects are identified consistently across different groups of respondents (e.g., the respondent's religion played a limited role), effect sizes vary considerably between countries. Finally, we randomly manipulate which aspect of temporary protection (social housing, access to the labour market) is emphasised in our communication to the participants. We find this manipulation to have a limited effect on the public support for the policy.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"85 ","pages":"Article 102601"},"PeriodicalIF":2.3,"publicationDate":"2024-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142150209","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Assessing the ethics of prison policies to ensure human rights compliance: Suicides and self-inflicted critical events in Italian prisons 评估确保遵守人权的监狱政策的道德:意大利监狱中的自杀和自我造成的重大事件
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102428

Considering self-inflicted critical events (suicides, attempted suicides, self-harm acts, hunger strikes) in Italian prisons as indicators of the respect of inmates' human rights, this study examines their relationship with the characteristics of the Italian prison system between 2016 and 2021, using a unique prison-level dataset covering the 188 national prisons. Both individual panel regressions and seemingly unrelated regressions show that reducing prison overcrowding reduces critical events. The same result is achieved by increasing mandatory treatments (restraint acts) performed discretionally by prison staff. Because the former policy is politically sensitive and difficult/costly to implement, policymakers may prefer to rely on the latter as a “death-avoidance strategy”, despite the greater likelihood of violating inmates’ human rights. These findings may help explain the increasing use of acts of restraint in Italian prisons in recent times.

本研究将意大利监狱中的自残危急事件(自杀、自杀未遂、自残行为、绝食)视为尊重囚犯人权的指标,利用涵盖全国 188 所监狱的独特监狱级数据集,研究了这些事件与 2016 年至 2021 年期间意大利监狱系统特征之间的关系。单个面板回归和看似无关的回归都表明,减少监狱过度拥挤会减少危急事件的发生。增加监狱工作人员酌情实施的强制治疗(限制行为)也能达到同样的效果。由于前一种政策具有政治敏感性,而且实施起来难度大/成本高,因此决策者可能更倾向于将后者作为一种 "避免死亡的策略",尽管这更有可能侵犯囚犯的人权。这些发现可能有助于解释近来意大利监狱中越来越多地使用限制行为的原因。
{"title":"Assessing the ethics of prison policies to ensure human rights compliance: Suicides and self-inflicted critical events in Italian prisons","authors":"","doi":"10.1016/j.ejpoleco.2023.102428","DOIUrl":"10.1016/j.ejpoleco.2023.102428","url":null,"abstract":"<div><p>Considering self-inflicted critical events (suicides, attempted suicides, self-harm acts, hunger strikes) in Italian prisons as indicators of the respect of inmates' human rights, this study examines their relationship with the characteristics of the Italian prison system between 2016 and 2021, using a unique prison-level dataset covering the 188 national prisons. Both individual panel regressions and seemingly unrelated regressions show that reducing prison overcrowding reduces critical events. The same result is achieved by increasing mandatory treatments (restraint acts) performed discretionally by prison staff. Because the former policy is politically sensitive and difficult/costly to implement, policymakers may prefer to rely on the latter as a “death-avoidance strategy”, despite the greater likelihood of violating inmates’ human rights. These findings may help explain the increasing use of acts of restraint in Italian prisons in recent times.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"84 ","pages":"Article 102428"},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0176268023000721/pdfft?md5=d2a0e93a6bba2d09a1e33ed69ad1ef22&pid=1-s2.0-S0176268023000721-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48044324","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Politically induced uncertainty and asset-market valuation 政治引发的不确定性和资产市场估值
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102427

We study the consequences of politically induced asset-market uncertainty. Our data are from Poland, where the imposition of a new resource tax was vaguely announced in a single sentence by the prime minister in November 2011. The tax concerned a single company, one of the world's leading copper and silver producers. We show how the announcement, besides imposing losses as expected on shareholders, introduced uncertainty into asset-market valuation.

我们研究了政治因素引发的资产市场不确定性的后果。我们的数据来自波兰,2011 年 11 月,波兰总理用一句话含糊地宣布征收新的资源税。该税只涉及一家公司,即世界领先的铜银生产商之一。我们展示了该公告除了给股东带来预期损失外,还如何给资产市场估值带来不确定性。
{"title":"Politically induced uncertainty and asset-market valuation","authors":"","doi":"10.1016/j.ejpoleco.2023.102427","DOIUrl":"10.1016/j.ejpoleco.2023.102427","url":null,"abstract":"<div><p>We study the consequences of politically induced asset-market uncertainty. Our data are from Poland, where the imposition of a new resource tax<span> was vaguely announced in a single sentence by the prime minister in November 2011. The tax concerned a single company, one of the world's leading copper and silver producers. We show how the announcement, besides imposing losses as expected on shareholders, introduced uncertainty into asset-market valuation.</span></p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"84 ","pages":"Article 102427"},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46443921","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Coherence of output gaps in the euro area: The impact of the COVID-19 shock 欧元区产出缺口的一致性:COVID-19 冲击的影响
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102369

Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using a long sample period. We also analyze the impact of the COVID-19 pandemic on business cycle coherence and examine whether our measures for business cycle coherence indicate a core versus periphery within EMU. Our results suggest that business cycle coherence did not increase monotonically. The COVID-19 pandemic made that the signs of the output gaps of euro area countries became more similar, but we find large differences in the amplitude of the output gaps across countries.

利用 Mink 等人(2012 年)提出的测量方法,我们使用长样本期重新审视了欧元区商业周期的一致性。我们还分析了 COVID-19 大流行病对商业周期一致性的影响,并研究了我们的商业周期一致性指标是否表明欧洲货币联盟内部存在核心与外围之分。我们的研究结果表明,商业周期一致性并非单调增长。COVID-19 大流行使欧元区各国产出缺口的符号变得更加相似,但我们发现各国产出缺口的振幅存在巨大差异。
{"title":"Coherence of output gaps in the euro area: The impact of the COVID-19 shock","authors":"","doi":"10.1016/j.ejpoleco.2023.102369","DOIUrl":"10.1016/j.ejpoleco.2023.102369","url":null,"abstract":"<div><p>Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using a long sample period. We also analyze the impact of the COVID-19 pandemic on business cycle coherence and examine whether our measures for business cycle coherence indicate a core versus periphery within EMU. Our results suggest that business cycle coherence did not increase monotonically. The COVID-19 pandemic made that the signs of the output gaps of euro area countries became more similar, but we find large differences in the amplitude of the output gaps across countries.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"84 ","pages":"Article 102369"},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9969753/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9707076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An experiment on donations, personal stories, and bad luck 一个关于捐款、个人故事和坏运气的实验
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102381

We conducted two fundraising experiments to study the effects (1) of compassion towards the beneficiary, and (2) of giving participants an opportunity to attribute small donations to luck. We find that exposing the participants to a plea to help the beneficiary increases the average donation. Giving participants an opportunity to attribute small donations to luck decreases the average donation. We find that in our setting, the latter effect dominates.

我们进行了两次筹款实验,以研究(1)对受益人的同情和(2)让参与者有机会将小额捐款归因于运气的影响。我们发现,向参与者发出帮助受益人的呼吁会增加平均捐款额。让参与者有机会将小额捐款归因于运气,则会降低平均捐款额。我们发现,在我们的环境中,后一种效应占主导地位。
{"title":"An experiment on donations, personal stories, and bad luck","authors":"","doi":"10.1016/j.ejpoleco.2023.102381","DOIUrl":"10.1016/j.ejpoleco.2023.102381","url":null,"abstract":"<div><p>We conducted two fundraising experiments to study the effects (1) of compassion towards the beneficiary, and (2) of giving participants an opportunity to attribute small donations to luck. We find that exposing the participants to a plea to help the beneficiary increases the average donation. Giving participants an opportunity to attribute small donations to luck decreases the average donation. We find that in our setting, the latter effect dominates.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"84 ","pages":"Article 102381"},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46184640","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
More is not always better. Effect of educational expenditures on education quality and social mobility in Switzerland 越多越好。瑞士教育支出对教育质量和社会流动性的影响
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102407

Over the past 20 years, per-student spending on compulsory education in Switzerland has risen by 52 percent in real terms. However, per-pupil expenditures vary significantly across cantons. The question quickly arises whether “more is always better”. Switzerland lends itself to this analysis because spending authority lies with the cantons and thus provides a good setting for a within-country analysis. We use a new comprehensive dataset to measure educational quality and mobility at the individual level. Our analysis shows that higher cantonal spending does not increase educational quality or mobility. The allocation of education spending seems to be more important than its mere amount. For example, our study suggests a better linguistic integration of foreign-speaking students.

过去 20 年间,瑞士义务教育的生均支出实际增长了 52%。然而,各州的生均支出差异很大。人们很快就会提出 "越多越好 "的问题。瑞士适合进行这种分析,因为支出权在各州,因此为国内分析提供了一个良好的环境。我们使用一个新的综合数据集来衡量个人层面的教育质量和流动性。我们的分析表明,各州增加教育支出并不会提高教育质量或流动性。教育经费的分配似乎比单纯的数额更重要。例如,我们的研究表明,讲外语的学生可以更好地融入语言环境。
{"title":"More is not always better. Effect of educational expenditures on education quality and social mobility in Switzerland","authors":"","doi":"10.1016/j.ejpoleco.2023.102407","DOIUrl":"10.1016/j.ejpoleco.2023.102407","url":null,"abstract":"<div><p>Over the past 20 years, per-student spending on compulsory education in Switzerland has risen by 52 percent in real terms. However, per-pupil expenditures vary significantly across cantons. The question quickly arises whether “more is always better”. Switzerland lends itself to this analysis because spending authority lies with the cantons and thus provides a good setting for a within-country analysis. We use a new comprehensive dataset to measure educational quality and mobility at the individual level. Our analysis shows that higher cantonal spending does not increase educational quality or mobility. The allocation of education spending seems to be more important than its mere amount. For example, our study suggests a better linguistic integration of foreign-speaking students.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"84 ","pages":"Article 102407"},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46327605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
期刊
European Journal of Political Economy
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.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1