This paper aims to investigate the effects of urbanization, renewable and non-renewable energy consumption, trade liberalization, and economic growth on pollutant emissions and energy intensity in selected Asian developing countries from 1980 to 2010. We use both linear and nonlinear panel data...

This paper examines the role of a sulphur dioxide (SO2) emissions quota introduced as part of China's 11th Five-Year Plan on internal movements of high-skilled labour across Chinese prefecture cities. Using data on migration flows calculated through changes in Hukou status, this study suggests...

In low-income countries, uneven access to clean energy has posed a challenge to reduce socioeconomic inequalities across gender and disadvantaged groups. To address this issue, development planners see potentials from the decentralized energy system (DES) that provides electricity access in...

Fuel subsidies are widespread and debated extensively. The issues with these subsidies are fully acknowledged by many energy economists; however, the total subsidy level remains high. This is because energy subsidies are often closely related to the political economy viewpoint. Moreover, the...

The goal of the present article is to investigate the degree of convergence in public expenditures for a panel of 17 European Union member countries spanning the period 1990 to 2012. We apply the methodology of Phillips and Sul (2007) various categories of public expenditures to assess the...

This study examines the relationship between unemployment and labor force participation to judge the presence of the discouraged worker/added worker/unemployment invariance effect in the US labor market, spanning the period 1976-2014. Panel unit root and cointegration tests explore this...

We are pleased to announce the Special Issue on the New Challenges in Asian Capital Markets in the International Journal of Financial Studies. The focus of papers in this Special Issue is on the future challenges and/or future developments Asian Finance. In addition, one article provides a...

Aktienmarkt-Volatilität und Abweichungen von den makroökonomischen Fundamentalfaktoren: Beweise auf der Grundlage der Modelle GARCH und GARCH-X In diesem Beitrag werden die Volatilität des US-Aktienmarktes und die Auswirkungen kurzfristiger Abweichungen zwischen Aktienkursen und bestimmten...

This empirical study analyzes the information and predictive content of the Baltic Dry Index (BDI) with respect to a range of financial assets and the macroeconomy. By using panel methodological approaches and daily data spanning the period 1985-2012, the empirical analysis documents the joint...