The capital flows network has changed substantially, bringing new investors and target economies into play. Related, a recent intensification of capital flows to low income countries (LICs) has posed a number of questions. Most importantly, the very nature of those flows and important factors...

Behavioral reactions to terrorism may be displayed in different ways. While some individuals react by holding back on their financial and charitable activities following stressful events, others may express more generosity by increasing their giving due to solidarity and empathy with the...

This paper proposes a structural econometric approach to estimating the basic reproduction number (R0) of Covid-19. This approach identifies R0 in a panel regression model by filtering out the effects of mitigating factors on disease diffusion and is easy to implement. We apply the method to...

This paper examines the link between health indicators, environmental variables, and economic development, and the consequences of this relationship on economic convergence. In the early stage of economic development, the gain from income growth could be cancelled or mitigated by environmental...

Critics protest loudly against restrictions imposed by politicians during the COVID-19 pandemic in Germany: Mandatory masks, lockdowns, school and business closures. This paper examines (1) the extent to which these policies have indirectly contributed to limiting the number of COVID-19 cases...

We offer state-wise forecasts of COVID-19 pandemic deaths for the week ending August 10, 2020 based on a sample selection model to correct for rationed and biased testing for the virus. We refer the reader to our earlier papers including Vinod and Theiss (2020b) and Vinod and Theiss (2020a),...

Advertising bans can increase or decrease alcohol consumption due to effects on beverage choice, price competition, and substitution by producers toward non-banned media. We study bans on broadcast advertising in seventeen OECD countries for the years 1977-95, in relation to per capita alcohol...

The COVID-19 pandemic has caused large changes in consumer spending, including how people make their payments. We use data from a nationally representative survey of U.S. consumers collected before COVID in 2018 and 2019 and during COVID in 2020 to analyze changes in consumer payment behavior...

The recent events triggered by the Global Financial Crisis (GFC) have led to calls for regulation of financial (particularly derivative) markets to prevent “destabilizing speculation”. Given that such regulation may involve opportunity costs, this paper examines whether tighter futures price...

Many variables in governance are measured with uncertainty. This paper addresses this problem, showing that interval variables are a suitable way to handle it, providing an application in corporate governance. We build two constructs, one for Investor protection and the other for Constraints on...