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Economics

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Oil price shocks can have varying effects on the real price of oil depending on the origin of the shocks. This paper examines the impacts of different types of oil shocks on oil market volatility before and after the year 2004.
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Economics

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As the EURO2016 showed, football is big business. Visibility in the media is one keystone to attract potential revenues. This paper examines the empirical relationship between football teams’ media value status and the total and TV revenues that they realize.
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Economics

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The results of this study call for caution when including distance and border effects in future empirical trade studies. Researchers should be aware of the impact of the selected method on the magnitude of the distance effect and on the magnitude, direction and significance of the border effect.
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Economics

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How to facilitate a more unified treatment of cointegration? With this new method it is no longer necessary to do a cointegration analysis with the seasonally adjusted series, as is sometimes done in series that have a marked seasonal behavior.
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Economics

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Is VAT on financial services a good instrument for avoiding the systemic risks caused by the excessive size of the banking sector? In this piece, the influence of the taxation of financial services in VAT on financial sector size is analyzed empirically.
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Economics

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This paper explores how changes in macroeconomic uncertainty have affected the decision to reply to the European Central Bank’s Survey of Professional Forecasters. The results suggest that higher (lower) aggregate uncertainty increases (reduces) non-response to the survey.
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Economics

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Since 1978 China has experienced several periods of financial instability. This paper proposes four leading indicators for monitoring China’s financial instability, and provides a primary early warning system for China’s macro prudential regulations.
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Economics

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This empirical analysis for six countries in Eastern Europe (Bulgaria, Slovakia, Hungary, Poland, the Czech Republic and Romania) tries to show the link between the stock market development and economic growth in these countries from 1995 to 2012 in order to explain the transition processes from communist to market economies.
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Economics

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Do firms that innovated once have a higher probability of innovating again in subsequent periods? The objective of this paper is to determine survival in innovation activities using discrete-time duration models.
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Economics

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A shift in tax generation from direct to indirect taxes does not provide good results in terms of unemployment. This work analyzes the impact on Spanish economy of a reduction of the Social Security Contributions paid by employers.
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Economics

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In this paper, the authors estimate trade balance equations for the Southern European countries, both for total trade and for the trade performed with the European Union; and taking three alternative measures of the real exchange rate, i.e., based on consumption price indices, export prices and unit labour costs, respectively. Their main conclusion is that demand seems to be more relevant than relative prices when explaining the evolution of the trade balance.
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Economics

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This paper derives a relationship between central bank interest rates and exchange rates under a capital control regime. The onshore and offshore exchange rates are determined by the requirement of a balance on the current account and an interest parity condition. The historical financial crisis in Iceland provides excellent testing grounds for the effect of high interest rates accompanied by capital controls.
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Have them in circles
3,250 people
tushar gupta's profile photo
Pseudoeconomics's profile photo
Rohan Abhyankar's profile photo
Roberto Onorati's profile photo
Peng Cui's profile photo
Christian zapata chipana's profile photo
Adrian Dabîca's profile photo
Maimouna Coulibaly's profile photo
Jhon Jairo Avella Camargo's profile photo
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The Open-Access, Open-Assessment E-Journal
Introduction

Economics is a new type of academic journal in economics. By involving a large research community in an innovative public peer review process, Economics aims to provide fast access to top-quality papers. Modern communication technologies are used to find for every research issue the best virtual team out of a network of highly motivated researchers from all over the world. Thus, publishing is seen as a cooperative enterprise between authors, editors, referees, and readers. Economics offers open access to all readers and takes the form of an e-journal, i.e. submission, evaluation, and publication are electronic. Read more at Aims and Scope

Economics has currently been selected  for coverage in the Social Sciences Citation Index (SSCI). It will be processed for coverage beginning with the first 2009 issue.

The journal is edited by the Kiel Institute for the World Economy (IfW) The German National Library of Economics (ZBW) provides technical services, archiving and dissemination.