Journal of Economic Studies: Volume 50 Issue 6

The real exchange rate and services export diversification

Sèna Kimm Gnangnon

The relationship between real exchange rate and services export diversification is at the heart of this study.

The impact of declining birth rates on future infrastructure maintenance costs per capita

John D. McCollough, Gevorg Sargsyan, Zhe Luo

This paper focuses on one vital consequence which is that future infrastructure maintenance cost per capita will increase. Using a sample of 23 developed countries, this paper…

Does financial development has (a)symmetric effect on environmental quality: insights from South Africa

James Temitope Dada, Titus Ayobami Ojeyinka, Mamdouh Abdulaziz Saleh Al-Faryan

This paper investigates the (a)symmetric effects of financial development in the presence of economic growth, energy consumption, urbanization and foreign direct investment on…

Government failures and non-performing loans in Asian countries

Maria Daniela Giammanco, Lara Gitto, Ferdinando Ofria

Non-performing loans (NPLs) may determine an overall weakness of the banking system within a country. The purpose of the present study is to analyze the impact of government…

The relationship between city size, decentralisation and economic growth

John Paul Clifford, Justin Doran, Frank Crowley, Declan Jordan

This article examines the links between average city size, fiscal decentralisation, and national economic growth in 33 Organisation for Economic Co-operation and Development…

Gaining more, producing less: the link between an obese workforce and firm-level productivity

Ummad Mazhar

The health costs associated with obesity are increasing in developed and emerging economies. Particularly important, though remaining underexplored, is the overall impact of…

College student loan debt and income inequality in the US: national and regional evidence

Nicholas Apergis

This study explores the role of rising US student loan debt in explaining income inequality.

Granular inflation spillovers

Leon Esquierro, Sergio Da Silva

The authors test the granularity hypothesis to international inflation spillovers using annual exports and inflation data for 138 countries from 1991 to 2020. This study aims to…

Model comparison in German stock returns

Michael O'Connell

In order to provide an updated view on the drivers of German stock returns, the authors evaluate the relative performance of nine competing neoclassical asset pricing models in…

Financial sector development, trade and income inequality: regional perspectives using evidence from macro and firm-specific data

Biruk Birhanu Ashenafi, Yan Dong

The purpose of this study is to firstly, find out does the relationship between finance, trade and income inequality provides matching evidence using the macro- and firm-level…

Tertiary education for all and wage inequality: policy insights from quantile regression

Corrado Andini

The aim is to assess how a policy of tertiary education for all affects the shape of the unconditional earnings distribution.

From the “age of instability” to the “age of responsibility”: economic uncertainty and sustainable investments

Rocco Caferra, Pasquale Marcello Falcone

This paper sets out to investigate investors' sustainable preferences under different market conditions. Specifically, the authors examine the existence of a positive sustainable…