📈 economics

Does Consumption Drive Growth or Does Growth Drive Consumption? Multivariate Time-Series Evidence from Bangladesh (1961–2024)

Using 63 years of multivariate time-series data from Bangladesh (1961–2024), this study confirms a unidirectional causal relationship where economic growth drives household consumption, while rejecting the consumption-led growth hypothesis and identifying GDP growth, remittances, and trade openness as key short-run determinants.

Apurba Barua, Shompi Barua, Najmul Promy, Dipanjali Devi, Romana Akter, S M Yaminur Rahman Somu2026-09-29
📈 economics

Fiscal-Monetary Policy Interactions and Macroeconomic Transmission under Exogenous Shocks: A HANK Approach

This paper utilizes a heterogeneous-agent New Keynesian (HANK) model to demonstrate that the macroeconomic and distributional effects of fiscal-monetary policy interactions under exogenous shocks are fundamentally shaped by the specific nature of the shock and household heterogeneity, particularly through the amplifying role of liquidity-constrained consumers.

Min Gyu Lee2026-09-29
📈 economics

Commission and traffic support under demand uncertainty in a dual-channel supply chain

This study analyzes a dual-channel supply chain where a platform jointly optimizes commission rates and traffic support under demand uncertainty, revealing that these instruments are complementary when direct monetization outweighs pricing-induced volume reductions, and demonstrating that welfare-maximizing policies may diverge from platform-optimal strategies due to complex spillover effects and non-monotonic responses to uncertainty.

Chen Li2026-09-29
📈 economics

Enterprise AI at the Decision Point: A U.S.-Focused Systematic Review of Productivity, ROI, Workforce Change, and Governance

This systematic review of U.S. enterprise AI adoption from 2022 to 2026 challenges the prevailing narratives of guaranteed financial returns and widespread workforce substitution, revealing instead that productivity gains are highly task-dependent, independently verified ROI is absent, and critical evidence gaps currently prevent organizations from making fully informed, governance-aligned decisions regarding large-scale deployment or workforce restructuring.

Audrey Rah, David W. Johnson2026-09-29