📈 economics

The impact of net foreign-asset deficits on private credit: banks versus central banks in IMF-programme economies

This study of eight IMF-programme economies finds that while banks' net foreign asset deficits do not significantly constrain private credit, central bank reserve shortages act as a binding constraint with a strong, asymmetric long-run impact, where declines in official reserves reduce credit far more severely than equivalent increases boost it.

Mohamed Ramadan Saeed Mohamed Ahmed Hassan2026-10-20
📈 economics

Decentralization, Local Government Capacity, and Regional Development Outcomes in the Global South: An Integrative Literature Review

This integrative literature review synthesizes multidisciplinary research to argue that decentralization in the Global South only fosters regional development when accompanied by matched fiscal autonomy, adequate administrative capacity, and robust accountability mechanisms, otherwise risking elite capture and increased disparities.

Edio Mariano Piedade Soares2026-10-20
📈 economics

Can We Test Jevons Paradox in AI Inference? A Longitudinal Audit of Token Prices, Demand, and Energy (2022–2026)

This paper constructs a longitudinal dataset and a new analytical framework to demonstrate that current public data lacks the necessary granularity and causal identification to verify whether AI inference efficiency is driving a Jevons Paradox, as observed price stability and unverified volume growth prevent a definitive conclusion on whether efficiency will ultimately limit or increase total energy demand.

Eugen Spivak2026-10-20
📈 economics

Estimating Decision Rules from Large Language Model Agents: An Application to Bank Balance-Sheet Management

This paper demonstrates that decisions generated by large language model agents in a bank balance-sheet management simulation can be effectively approximated by simple equations, which accurately reproduce key financial metrics like return on equity and liquidity dynamics across various scenarios, though the study clarifies that these findings validate the approximation methodology rather than confirming the models' representation of real-world human behavior.

Zlatin Sarastov2026-10-20
📈 economics

Service Quality and Customer Satisfaction with AI-Enabled App-Based Ride-Sharing: Evidence from Uber Users in Bangladesh

This study of 385 Uber users in Bangladesh reveals that while price fairness and value are initially linked to satisfaction, service quality dimensions—specifically assurance, reliability, and responsiveness—are the primary drivers of customer satisfaction, which in turn strongly predicts continued use and loyalty.

Mashrafi ahmed, Prof. Dr Kazi Abdul Mannan2026-10-20
📈 economics

An Intelligent Fuzzy Inference Approach to Pricing Strategy Classification in Large-Scale Retail Data: A Hybrid Explainable Pricing Strategy Intelligence (HEPSI) Framework Applied to the M5 Retail Dataset

This paper introduces the Hybrid Explainable Pricing Strategy Intelligence (HEPSI) framework, a fuzzy inference system applied to the M5 retail dataset that classifies pricing strategies into Penetration, Premium, and Dynamic categories based on economic drivers, offering a scalable and interpretable alternative to rigid optimization or black-box models.

Mahedi Hasan, Redoyan Chowdhury, Md. Riad khan, Sahilali Saiyed2026-10-19✓ Author reviewed ⓘ
📈 economics

Breaking par-value spillovers and systemic risk

This study utilizes product-level data on Chinese bank wealth management products to demonstrate that while the breaking of par value initially dispersed risk, the November 2022 episode ultimately heightened systemic risk—particularly for non-Big Six banks and flexible fixed-income products—through balance-sheet feedback mechanisms, thereby underscoring the need for differentiated supervision and improved liquidity management.

Lu Yang, Qiuyi Wang, Xuefeng Shao, Kung-Cheng Ho2026-10-19
📈 economics

Anti-involution as a driver of sustainable corporate resilience: empirical evidence from the NEV sector

This paper empirically demonstrates that China's policy-driven shift toward anti-involution in the new-energy vehicle sector, while temporarily dampening profitability for aggressive price-cutters, ultimately enhances overall corporate financial resilience by significantly improving cash flow and solvency, particularly for high-leverage firms.

Xiling Zhang, Yue Liu, Kaishu Wu2026-10-19