📈 economics

Skills Gap and Graduate Unemployment in Indonesia: A Systematic Mapping Review of Higher Education and Labor Market Alignment

This systematic mapping review identifies a persistent skills gap and high graduate unemployment in Indonesia driven by curriculum-labor market misalignment, regional disparities, and competency deficits in key sectors, while highlighting the potential of recent policy initiatives like MBKM to strengthen university-industry linkages despite the need for further empirical evaluation and multidimensional frameworks.

Ilham Setiawan, Moses Glorino Rumambo Pandin2026-06-30
📈 economics

Asymmetric and Multi-Horizon Transmission of Fiscal Dominance and Exchange Rate Pass-Through to Inflation: Evidence from Ghana

This study employs a multi-method framework combining quantile regression, nonlinear ARDL, and wavelet coherence to demonstrate that in Ghana (1980–2020), exchange rate pass-through and fiscal dominance exhibit significant asymmetry and heterogeneity, with currency depreciations and debt servicing exerting disproportionately stronger inflationary effects during high-inflation regimes and at distinct multi-year time horizons.

Isaac Nyame, Gabriel Osei Forkuo2026-06-30
📈 economics

Auditing the Algorithmic Boardroom: A Four-Layer Framework for Ethical Ai Oversight in C-Suite Decision-Making with Contextual Application to Peru

This paper proposes the Hybrid Intelligence Governance Audit Matrix (HIGAM), a context-sensitive four-layer framework designed to standardize ethical AI oversight in C-Suite decision-making, specifically addressing the lack of procedural standards in existing models and offering tailored adaptation mechanisms for Peru's regulatory and corporate landscape.

PAUL RICARDO PRUDENCIO GALVEZ2026-06-30
📈 economics

Socio-Economic and Institutional Drivers of Willingness to Pay for Sustainable Arsenic Mitigation in Rural India

This study of rural Bihar reveals that willingness to pay for sustainable arsenic mitigation is driven more by socio-structural factors, economic feasibility, and institutional trust than by health awareness alone, suggesting that effective interventions must address affordability and governance credibility rather than relying solely on awareness campaigns.

Sushant Singh, Robert Taylor, Biswajeet Pradhan2026-06-30
📈 economics

From Carbon Price Shocks to Capital Shortfalls: A Network-Augmented Credit-Risk Framework for Climate Transition Cascades, with an Illustrative Application to Peru

This paper proposes a reproducible, three-module methodological framework linking carbon-price shocks to credit risk and interbank contagion, illustrated through stylized assumptions and benchmarked against existing literature to guide climate transition risk assessment within Peru's concentrated, resource-exposure banking sector.

PAUL RICARDO PRUDENCIO GALVEZ2026-06-30
📈 economics

Sentiment Signals in a Fragile Democracy: NLP-Driven Detection of News and Social-Media Effects on Peruvian Banking Asset Volatility

This paper proposes an NLP-driven framework using FinBERT and social media sentiment analysis to enhance the detection of political instability's impact on Peruvian banking asset volatility, demonstrating that such models significantly outperform traditional statistical baselines and offering a cost-effective early-warning tool for regulators.

PAUL RICARDO PRUDENCIO GALVEZ2026-06-30
📈 economics

Systemic Contagion in RWA-Tokenized Ecosystems: DeFi–Traditional Banking Regulatory Friction and Prudential Supervision Framework Proposal for Peru

This study quantitatively analyzes the systemic contagion risks between DeFi RWA-tokenized ecosystems and traditional banking in Peru, revealing high correlation and liquidity vulnerabilities, and proposes a tiered regulatory framework involving the SBS, SUNAT, and INDECOPI to mitigate these risks while enhancing tax compliance and consumer protection.

PAUL RICARDO PRUDENCIO GALVEZ2026-06-30
📈 economics

Real Options Valuation Framework for Emerging Technologies in A/E/C Projects Under Structural Uncertainty: Stochastic Parametric Integration and Evidence from Peru

This paper proposes an integrated Real Options Analysis framework combining Black-Scholes-Merton and Cox-Ross-Rubinstein models with stochastic parametric cost formulas to demonstrate that, unlike traditional Discounted Cash Flow methods which systematically undervalue emerging technologies in Peruvian A/E/C projects, this approach captures significant managerial flexibility and option value under high structural uncertainty, potentially transforming negative net present value projects into highly profitable investments.

PAUL RICARDO PRUDENCIO GALVEZ2026-06-30