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)


Obedience to the Symbol of Authority: Experimental Evidence on the Symbolic Source of Legitimate Authority

Xu, Zhicheng

European Journal of Political Economy (forthcoming)


Chinese Aid and Nutrition Improvement in Sub-Saharan Africa

Xu, Zhicheng / Zhang, Yu /  Li, Dongying

Applied Economics (forthcoming)


Money demand by firms, labor market frictions, and optimal long-run inflation

Kiarsi, Mehrab

Macroeconomic Dynamics (forthcoming)

 

2023

 

Tax Smoothing in Frictional Labor Markets: A Comment

Kiarsi, Mehrab

Journal of Political Economy, Vol. 131 (5), 2023


Interest margins, lending rates and bank productivity among Chinese provinces

Dia, Enzo / Jiang, Lunan / Menna, Lorenzo / Zhang, Lin

International Review of Economics & Finance, Vol. 84, pp. 104-127, 2023


Productivity Shocks and Capital Flows

El-Shagi, Makram

Economic Letters, Vol. 225, 111015, 2023 

 

 

2022

 

Productivity, agglomeration, and exporting directly: evidence from the Chinese textile industry

Xu, Zhicheng / Zhang, Yu

China Economic Quarterly International, Vol. 2 (3), pp. 178-189, 2022


Productivity, agglomeration, and exporting directly: evidence from the Chinese textile industry

Cassey, Andrew / Wang, Qianqian

Journal of International Trade and Economic Development, Vol. 31 (8), pp. 1149-1172, 2022


Chinese dialects, culture & economic performance

Zhu, Junbing / Grigoriadis, Theocharis N.

China Economic Review, 101783, June 2022


Measuring the dynamics of provincial real economies in China

Jiang, Lunan / Zhang, Lin

Applied Economics Letters, Vol. 29 (2), pp. 1096-1101, 2022


Do expert experience and characteristics affect inflation forecasts?

Benchimol, Jonathan / El-Shagi, Makram / Saadon, Yossi

Journal of Economic Behavior & Organization, Vol. 201, pp. 205-226, 2022


The Income Elasticity of Import Demand: A Meta-Survey

El-Shagi, Makram / Sawyer, W. Charles / Tochkov, Kiril

Pacific Economic Review, Vol. 27 (1), pp. 18-41, 2022


Divisia Monetary Aggregates for Russia: Money Demand, GDP Nowcasting, and the Price Puzzle

El-Shagi, Makram / Tochkov, Kiril

Economic Systems, Vol. 46 (4), 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

Chiang, Tsun-Feng

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 


Masoudi, Nahid / Bowie, Donique

Journal of Economic Studies, Vol. 48 (8), pp. 1528-1547, 2021


Tong, Bing / Yang, Guang

Applied Economics, Vol. 53 (26), pp. 2993-3022, 2021


Zhang, Yu / Xu, Zhicheng Phil / Kibriya, Shahriar

Journal of Comparative Economics, Vol. 49 (3), pp. 776-800, 2021


 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

Tong, Bing

Journal of Asian Economics, Vol. 74, 101311, 2021


Competitive Elections, incumbency advantage, and accountability

Klingelhöfer, Jan

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

Sun, Rongrong

Pacific Economic Review, Vol. 26 (2), pp. 139 - 160, 2021


When Does Monetary Measurement Matter (Most)?

El-Shagi, Makram

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

El-Shagi, Makram / Zhang, Lin

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

Sun, Rongrong

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

El-Shagi, Makram

Applied Economics Letters, Vol. 26 (10), pp. 830-834, 2019


Rationality Tests in the Presence of Instabilities in Finite Samples

El-Shagi, Makram

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

Klingelhöfer, Jan

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

Jiang, Lunan

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

Ahn, Young Bin

Emerging Markets Finance and Trade, Vol. 54(6), pp. 1414-1424, 2018


A Narrative Indicator of Monetary Conditions in China

Sun, Rongrong

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


Time series forecasting using functional partial least square regression with stochastic volatility, GARCH, and exponential smoothing

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

 

Household Characteristics and the Change of Financial Risk Tolerance during the Financial Crisis in the US

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

El-Shagi, Makram

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


Does the Confucius Institute Network Impact Cultural Distance? A Panel Data Analysis of Cross-Border Flows in and out of China

Ghosh, Sucharita / Lien, Donald and Yamarik, Steven

Asian Economic Journal, Vol. 31(3) 2017, pp. 299–323


The Negative Consequences of School Bullying on Academic Performance and Mitigation through Female Teacher Participation: Evidence from Ghana

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