Forthcoming
Divisia Monetary Aggregates for Russia: Money Demand, GDP Nowcasting, and the Price Puzzle
El-Shagi, Makram / Tochkov, Kiril
Economic Systems (forthcoming)
Monetary policy transmission in China: Dual shocks with dual bond markets
El-Shagi, Makram / Jiang, Lunan
Macroeconomic Dynamics (forthcoming)
Directional Accuracy of Singapore´s Economic Forecast
Ahn, Young Bin / Tsuchiya, Yoichi
Singapore Economic Review (forthcoming)
2022
The Credit Risk of Chinese Households: A Micro-Level Assessment
Funke, Michael / Sun, Rongrong / Zhu, Linxu
Pacific Economic Review, Vol. 27 (3), pp. 254-276, 2022
Social Networks and Household Financial Decisions: Evidence from China
Jiang, Mingming / Sun, Rongrong / Zhang, Bo
Journal of Applied Economics, Vol. 25 (1), pp. 58-92, 2022
Why they keep missing: An empirical investigation of sovereign bond ratings and their timing
El-Shagi, Makram / von Schweinitz, Gregor
Scottish Journal of Political Economy, Vol. 69 (2), pp. 186-224, 2022
Shadow of the Colossus: Euro Area Spillovers and Monetary Policy in Central and Eastern Europe
El-Shagi, Makram / Tochkov, Kiril
Journal of International Money and Finance, Vol. 120, 102501, 2022
Money Demand in China - A Meta Analysis
El-Shagi, Makram / Zheng, Yizhuang
Emerging Markets, Finance and Trade, Vol. 58 (1), pp. 145-163, 2022
Transboundary Pollution Control and Competitiveness ConcernsTransboundary Pollution Control and Competitiveness Concernsin a Two‑Country Differential Game
Marsiglio, Simone / Masoudi, Nahid
Environmental Modeling & Assessment, Vol. 27 (1), pp. 105-118, 2022
2021
Asymmetric loss of macroeconomic forecasts in South Asia: evidence from the SPF survey of India, Indonesia, and Singapore
Ahn, Young Bin / Tsuchiya, Yoichi
Emerging Markets, Finance and Trade, Vol. 57 (12), pp. 3489-3507, 2021
Financial Capability and Investment Management of Chinese Households: An Application of Hybrid Item Response Theory
Journal of Consumer Affairs, Vol. 55 (4), pp. 1442-1463, 2021
IMF Conditionality and Capital Controls: Capital Account Liberalization to Capital Inflow Management?
El-Shagi, Makram / Yamarik, Steven
Review of International Economics, Vol. 29 (3), pp. 590-605, 2021
The commons problem in the presence of negative externalities
Masoudi, Nahid / Bowie, Donique
Journal of Economic Studies, Vol. 48 (8), pp. 1528-1547, 2021
Interest rate fixation, excessive fluctuations and exchange rate management in China
Tong, Bing / Yang, Guang
Applied Economics, Vol. 53 (26), pp. 2993-3022, 2021
The Long-Run Effects of the Slave Trade on the Political Violence in Sub-Saharan Africa
Zhang, Yu / Xu, Zhicheng Phil / Kibriya, Shahriar
Journal of Comparative Economics, Vol. 49 (3), pp. 776-800, 2021
Liquidity risk and corporate bond yield spread: Evidence from China
Yinghui Chen / Jiang, Lunan
International Review of Finance, Vol. 21 (4), pp. 1117-1151, 2021
The Effects of Capacity Reduction Policy Under the Interest Rate Peg in China
Journal of Asian Economics, Vol. 74, 101311, 2021
Competitive Elections, incumbency advantage, and accountability
Economic Theory, Vol. 71, pp. 1397–1428, 2021
Fiscal Policy and fiscal fragility: Empirical evidence from the OECD
El-Shagi, Makram / von Schweinitz, Gregor
Journal of International Money and Finance, Vol. 115, 102292, 2021
Requiem for the interest rate controls in China
Pacific Economic Review, Vol. 26 (2), pp. 139 - 160, 2021
When Does Monetary Measurement Matter (Most)?
Macroeconomic Dynamics, Vol. 25 (1), pp. 240-256, 2021
The Effects of Centralized Power and Institutional Legitimacy on Collective Action
Castillo, Jose G. / Xu, Zhicheng / Zhang, Ping / Zhu, Xiacheng
Social Choice and Welfare, Vol. 56(2), pp. 385-419, 2021
2020
Fiscal Expenditure and Industrial Land Price in China: Theory and Evidence
Tsai, Pi-Han / Huang, Chien-Yu / Chiang, Tsun-Feng
Contemporary Economic Policy, Vol. 38 (4), pp. 593-606, 2020
Trade Effects of Silver Price Fluctuations in 19th-Century China: A Macro Approach
China Economic Review, Vol. 63, October 2020
Forecast Performance in Times of Terrorism
Benchimol, Jonathan / El-Shagi, Makram
Emerging Markets, Finance and Trade, Vol. 91, pp. 386-402, September 2020
Monetary Policy Announcements and Market Interest Rates´ Response: Evidence from China
Journal of Banking and Finance, Vol. 113, April 2020
2019
State-Level Capital and Investment: Refinements and Update
Makram El-Shagi / Steven J. Yamarik
Growth and Change, A Journal of Urban and Regional Policy, Vol. 50(4), pp. 1411-1422, December 2019
Conveniently dependent or naively overconfident? An experimental study on the reaction to external help
Yinjunjie Zhang / Zhicheng Phil Xu / Marco A. Palma
Plos One, Vol. 14(5): e021661, 2019
What Can We Learn from Country Level Liquidity in the EMU?
El-Shagi, Makram / Logan, Kelly J.
Journal of Financial Stability, Vol. 42, pp 75-83, June 2019
Shadow of a Doubt: Moral Excuse in Charitable Giving
Marco A. Palma / Zhicheng Phil Xu
Review of Behavioral Economics, Vol. 6 (2), pp 133-146, 2019
The Impact of Inequality and Redistribution on Growth
El-Shagi, Makram / Shao, Mingliang
Review on Income and Wealth, Vol. 65 (2), pp. 239-263, 2019
A Simple Estimator for Smooth Local Projections
Applied Economics Letters, Vol. 26 (10), pp. 830-834, 2019
Rationality Tests in the Presence of Instabilities in Finite Samples
Economic Modelling, Vol. 79, pp. 242-246, June 2019
Macroprudential Policy, Central Banks and Financial Stability: Evidence from China
Klingelhöfer, Jan / Sun, Rongrong
Journal of International Money and Finance, Vol. 93, pp. 19-41, May 2019
Lobbying and Elections
Bulletin of Economic Research, Vol. 71(1), pp. 1-17, January 2019
2018
Sanitary and phytosanitary measures in Chinese agriculture exports: the role of trade intermediaries
Gibson, M. / Wang, Qianqian
Applied Economics, Vol. 50(27), pp. 3007-3015, 2018
Dividend taxes and investment during the U.S. Great Depression
Economics Letters, Vol. 167, pp. 147-151, June 2018
The Joint Dynamics of Sovereign Ratings and Government Bond Yields
El-Shagi, Makram / von Schweinitz, Gregor
Journal of Banking and Finance, Vol. 97, December 2018, pp. 198-218
Directional Accuracy of Urban Consumers’ Inflation Forecasts in China of Urban Consumers’ Inflation Forecasts in China
Emerging Markets Finance and Trade, Vol. 54(6), pp. 1414-1424, 2018
A Narrative Indicator of Monetary Conditions in China
International Journal of Central Banking, Vol. 14(4), September 2018
Relationship between Oil Price and Exchange Rate by FDA and Copula
Kim, Jong-Min / Jung, Hojin
Applied Economics, Vol. 50 (22), pp. 2486-2499, 2018
Dependence Structure between Oil Prices, Exchange Rates, and Interest Rates
Kim, Jong-Min / Jung, Hojin
The Energy Journal, Vol. 39 (2), pp. 233-258, April 2018
Kim, Jong-Min / Jung, Hojin
Journal of Forecasting, Vol. 37 (3), pp. 269-280, April 2018
Exporters in cross section: direct vs. intermediated trade
Wang, Qianqian / Gibson, Mark J.
Review of International Economics, Vol. 26 (1), pp. 84-95, 2018
2017
Chiang, Tsun-Feng / Xiao, Jing Jian
International Journal of Consumer Studies, Vol. 41 (5) September 2017, pp. 484-493
Does an Economically Active Population Matter in Housing Price?
Choi, Changkyu / Jung, Hojin
Applied Economics Letters, Vol. 24 (15) 2017, pp. 1061-1064
Dealing with Small Sample Bias in Post-Crisis Samples
Economic Modelling, Vol. 65 September 2017, pp. 1-8
For They Know Not What They Do – Monetary Policy During the Great Moderation
El-Shagi, Makram / Kelly, Logan J.
Applied Economics Letters, Vol. 24 (10) 2017, pp. 717-721
Empirics on the long-run effects of building energy codes in the housing market
El-Shagi, Makram / Michelsen, Claus / Rosenschon, Sebastian
Land Economics, Vol. 93(4) November 2017, pp. 585-607
Ghosh, Sucharita / Lien, Donald and Yamarik, Steven
Asian Economic Journal, Vol. 31(3) 2017, pp. 299–323
Kibriya, Shahriar / Xu, Zhicheng / Zhang, Yu
Applied Economics, Vol. 49 (25) 2017, pp. 2480-2490
A New Generalized Volatility Proxy via the Stochastic Volatility Model
Kim, Jong-Min / Jung, Hojin / Qin, Li
Applied Economics, Vol. 49 (23) 2017, pp. 2259-2268
Can Asymmetric Conditional Volatility Imply Asymmetric Tail Dependence?
Kim, Jong-Min / Jung, Hojin
Economic Modelling, Vol. 64 August 2017, pp. 409-418