1802 papers
This paper models environmental fraud as a multidimensional decision involving both the number of violators and the severity of violations, demonstrating that without sufficiently sophisticated testing and penalties, stricter environmental standards can paradoxically increase total excess emissions by incentivizing firms to shift between extensive and intensive fraud margins.
This paper proposes a methodological four-component investment framework that integrates regulatory compliance, loss-based ceilings, real options timing, and financial incentives to guide U.S. utility cybersecurity capital allocation in the context of expanding distributed renewable energy resources.
Using a spatial Durbin model with fixed effects on St. Louis County data, this paper finds that Housing Choice Vouchers significantly increase local crime rates through both direct effects and spatial spillovers, resulting in a total impact of approximately a 2.5% rise in crime for every additional voucher per 1,000 housing units.
This paper utilizes Cointegration and ARDL techniques to analyze Nigeria's import demand from 1983 to 2021, finding that while exchange rates, income, and inflation significantly influence imports in both the short and long run, crude oil prices and institutional quality do not, thereby recommending policies focused on exchange rate stability, income growth, and inflation management to reduce import dependence.
By analyzing share-premium reserves in Italian innovative SMEs rather than relying on professional investor records, this study reveals that equity rounds are driven by growth rather than profitability and often precede a decline in firm performance, challenging the selection bias inherent in intermediary-based samples.
This report argues that developing nations' failure to converge with advanced economies stems not from slow growth in good years but from the frequent, deep, and overlapping nature of compound shocks that create permanent losses, necessitating a balanced portfolio of resilience strategies focused on preventing, buffering, repairing, and decoupling to break the "doom loops" that turn modest disturbances into crises.
Using a regression discontinuity design on New Zealand's abrupt removal of its Clean Car Discount, this paper provides causal evidence that eliminating purchase subsidies caused an immediate, permanent, and substantial 24.1 percentage point drop in battery electric vehicle market share, revealing a highly elastic demand driven by marginal buyers in a nascent market with no subsequent recovery.
This study analyzes credit access determinants among rice farmers in West Bengal's old alluvial zone using Theil's index and binomial logit regression on data from 200 farmers, revealing that age, landholding size, membership, and credit awareness positively influence access while interest rates negatively impact it, alongside significant inequality in credit distribution.
Using a New Keynesian DSGE model on Ghanaian data from 2006 to 2025, this study finds that exchange rate depreciation leads to incomplete but significant pass-through to inflation (0.7 coefficient), while monetary policy rate hikes effectively reduce both inflation and the output gap.
This paper integrates an economic model with double machine learning to demonstrate that climate physical risk increases corporate financialization through substitution, precautionary, and real options channels, with the effect being most pronounced among financially flexible firms yet serving as a weak out-of-sample predictor of climate exposure.