Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

The observed data could be the joint outcomes due to several events. We propose a combined time series modeling and panel data program evaluation approach to separate the impacts of different events or interventions. As an illustration, we analyze the outcomes of the COVID-19 in Hubei, China in...

This research demonstrates the success of the new CDAR-family global market integration indices in the prediction of equity returns, which have not been thoroughly investigated in the past. We comprehensively investigate the predictive ability of the new CDAR-family indices by means of commonly...

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...