2026 December - 9 articles
Reliable modelling of carbon prices is critical for climate policy design, investment appraisal, and risk management issues in emissions trading systems. In this paper, a seasonal Ornstein–Uhlenbeck (OU) jump-diffusion model is developed for th...
Background: The claim that a power law governs the distribution of value in a digital economy is usually asserted about sectors, while the evidence for heavy tails concerns firms. The two are different objects, and the claim is rarely tested at the l...
We propose a joint covariate balancing estimator for the average treatment effect on the treated (ATT) in a difference-in-differences (DID) design when the outcome evolution, rather than a specific outcome level, is missing at random (MAR). The propo...
Cognitive biases influence investor decision-making and how media outlets frame and report news. This study investigates whether cognitive biases embedded in news data can serve as early warning indicators of shifts in market sentiment and systemic r...
The nonlinear ARDL (NARDL) model by Shin et al. tests for asymmetric adjustment by decomposing a forcing variable into cumulated positive and negative changes. We study this linear-in-parameters partial-sum design when the forcing variable is station...
Installed renewable capacity is the leading indicator of energy-transition efforts, yet its conversion into realized generation is rarely estimated directly. This study estimates that rate in a panel of 118 developing and emerging economies over 2001...
This study examines the time-varying and industry-specific threshold effect of “National Team” shareholding on firms’ capital structure. We develop a conditional threshold panel smooth transition regression (CoT-PSTR) model with an...
This study investigates the interdependence among exchange rates, equity indices, precious metals, and energy prices across emerging markets, utilising daily data from 8 August 2005 to 30 August 2025. The study utilised a Vine Copula-based ARFIMA-SGA...
Longstanding inequities persist in Australian mental health service use across socioeconomic and geographic lines. The study used a panel dataset of population-level administrative datasets from the Australian Institute of Health and Welfare, spannin...
