📈 economics

Institutional Quality, Digital Human Capital, and Economic Performance: A Structural Equation Modeling Approach to Cross-country Analysis

Using structural equation modeling on 55 economies, this study finds that while institutional quality strongly drives both digital human capital and economic performance, digital human capital itself has a negligible direct impact on economic outcomes, serving primarily as a complementary mechanism rather than an independent driver.

Amjad Ali Hassan2026-07-14
📈 economics

What Determines Women’s Low Labor Supply in Morocco? Home Production, Bargaining Power, and Social Norms in a Collective Household Model

This paper utilizes a collective household model with home production to demonstrate that women's low labor supply in Morocco is driven not by labor-market conditions alone, but by an efficient yet unequal allocation of time where high domestic burdens and rigid social norms constrain market participation despite rising education and relative earnings.

Sara LOUKILI, Said Hanchane, Mustapha Ziroili2026-07-14
📈 economics

Comparative Study of the Regulatory Effects of Dual-Pillar Policies on Housing Prices: A DSGE-Based Policy Simulation Analysis

This study utilizes a DSGE model to demonstrate that while monetary policy is the primary driver of housing price fluctuations, macroprudential policies offer more targeted and less costly regulation of real estate risks, suggesting that the two pillars function best as complementary rather than substitutive tools for macroeconomic stability.

Feilong Zhao, Mengkai Chen, Xianzhu Wang2026-07-14
📈 economics

Do Recreational Cannabis Laws Narrow the Black/White Gap in Marijuana Arrests? Evidence from Staggered Difference-in-Differences

Using a staggered difference-in-differences design on state-level data from 2015 to 2020, this study finds that recreational cannabis legalization significantly narrows the Black/White gap in marijuana possession arrests by approximately 30% through a disproportionate reduction in arrests for Black residents, though it does not fully eliminate racial disparities in drug enforcement.

Poojak Patel2026-07-14
📈 economics

Cooperative Credit Banking and Local Economic Activity in Italy: A Finite Mixture Modelling Approach to Latent Spatial Regimes

Using a finite-mixture modelling approach on Italian provincial data from 2002 to 2022, this paper reveals that the positive impact of cooperative credit banking on local economic activity is confined to specific latent territorial regimes that transcend conventional macro-regional boundaries, highlighting the context-dependent nature of locally embedded financial intermediation.

Giuseppe Terzo2026-07-14
📈 economics

International Linkage and Democratic Velocity: Nonlinear Attribution Evidence from a Neural Additive Model for Panel Data

This study employs a novel interpretable Neural Additive Model for Panel Data (NAM-PD) to demonstrate that institutional treaty depth is the dominant predictor of democratic backsliding with a universally negative impact, while diplomatic engagement uniquely promotes democratic gains, and other linkage factors like migration and foreign direct investment exhibit complex nonlinear or counterintuitive effects across 176 countries from 1995 to 2025.

Hakan Mehmetcik2026-07-14