Economies, Volume 13, Issue 10

This study aims to analyze the development of the Central Bank Digital Currency (CBDC) concept and create a design suitable for Turkey’s financial structure. Academic studies scanned in the Web of Science (WOS) database between 2018–2025...

Shimer documents that the search-and-matching model driven by productivity shocks explains only a small share of the observed volatility of unemployment and vacancies, which is known as the Shimer puzzle. We revisit this evidence by replacing the rep...

Launched in 2013, China’s Belt and Road Initiative (BRI) was originally devised to link East Asia and Europe through a network of physical and digital infrastructure. This article analyses the BRI’s development in the European context by...

This paper estimates a nonlinear asymmetric dynamics model in the threshold panel data framework to study the extent to which the quality of governance, investment, and financial stability affect the impact of external debt on economic growth in 47 A...

This article examines the effects of maternity leave (Law 1822 of 2017) on the Colombian women’s labor market. Using biannual cohorts during the working life cycle of women (18 to 57 years old) reveals that the law’s implementation reduced the hours...

The paper examines the association between fertility and female wage employment in Kenya using nationally representative cross-sectional data collected by the Kenya’s National Bureau of Statistics, a government-owned statistical organization. T...

This study investigates the dynamic relationship between interest and noninterest income at Azer Turk Bank using quarterly data from 2016Q1–2024Q3. Unit root tests including Augmented Dickey–Fuller (ADF), Kwiatkowski–Phillips–...

This study examines the complex relations between corruption, income inequality, and sustainable economic development within the European Union (EU) for the 2003–2023 period. Employing panel data for all 27 EU member states, as well as for the...

Entrepreneurship plays a significant role in the economic development of emerging economies, particularly by addressing persistent issues such as youth unemployment and growth challenges. Developing nations perceive their startup ecosystems as critic...

Entrepreneurs based in developing nations, as well as in contexts with significant corruption, find significant issues when seeking financing, and this was exacerbated by the 2008 financial crisis. Nevertheless, recently developed financial approache...

This study analyzes the impact of research and development (R&D) investment on economic growth in Panama, an emerging economy with structural challenges in its innovation system. Using a multivariate econometric approach that included elastic net...

Occupational segregation between men and women and between rural and urban areas is a persistent driver of labor market inequality in Europe. Women and rural workers are often overrepresented in lower-paid and lower-status occupations, reflecting str...

International tourism has helped numerous economies and regions over the years in achieving the objective of long-term sustainable economic growth. The “Association of Southeast Asian Nations (ASEAN)” is the rising hub for international t...

This empirical qualitative research explores the texts of 14 free trade agreements (FTAs) concluded by Arab Gulf countries individually or as block. The objective is to evaluate if these documents are gender-responsive using an internationally recogn...

This study presents a bibliometric and thematic analysis of economic convergence analysis from 1982 to 2025, based on a corpus of 2924 Scopus-indexed articles. Using VOSviewer and the bibliometrix R package, this research maps the field’s intel...

The rapid accumulation of public debt raises global concern over its implications for financial markets. This study examines the effect of domestic public debt on financial development in Middle East and North Africa (MENA) countries, a region marked...

This study investigates the economic role of wine tourism in Nemea, Greece, a prominent Protected Designation of Origin (PDO) wine-producing region. Employing a mixed-methods approach, the research combines interviews with local stakeholders and a st...

Interest in empirical studies of monetary policy has grown over the past decade, and particularly since the post COVID-19 pandemic period characterized by a surge in inflation rates in every corner of the globe. Against this backdrop, central banks&r...

This study examines the impact of the South Asian Free Trade Agreement (SAFTA) on participation in global value chains (GVCs) among South Asian economies, specifically Bangladesh, India, and Pakistan. This research offers new empirical insights into...

The COVID-19 pandemic has renewed the global focus on the role of public health spending, particularly in developing regions where fiscal space is mostly limited. Many African countries have started reassessing the health sector as a core economic re...

We review the evolution of the concept of utility in economics, addressing the conceptual and terminological fragmentation that characterises the interdisciplinary debate. This study adopts the scoping review framework to systematically analyse the m...

This benchmarking study situates Jordan’s trade indicators relative to comparators (Egypt, Lebanon, Saudi Arabia, and the United Arab Emirates) with descriptive analysis. Using indicators for port competitiveness, geopolitical stability, logist...

This study investigated the impact of corruption on the persistence of informality across countries, offering new insights into the institutional dynamics that sustain informal economic activities. Drawing on firm-level data from World Bank Enterpris...

The importance of policy coordination between fiscal and monetary policy authorities has become more apparent, in the face of unexpected economic shocks and persistent macroeconomic challenges. In this paper, we employ the Set-Theoretic Approach (STA...

This article shows that there is a methodological problem in the traditional IS-LM model. If production cannot be sufficiently adjusted downwards, there is no uniform interest rate that simultaneously clears the money and goods markets. An extension...

Both developed and developing countries increased their energy consumption while continuing to advance economically and financially. In parallel with increasing energy use, the intensification of anthropogenic activities has led to higher greenhouse...

Mutton prices in China carry significant economic and social implications, yet their macro-financial drivers remain insufficiently understood. Based on monthly data from 2003 to 2025, this paper employs Ensemble Empirical Mode Decomposition, Vector A...

This study examines the dynamics of equity market volatility and economic policy uncertainty (EPU) in South Africa during the COVID-19 pandemic. Using daily return data for sectoral indices and the JSE All Share Index (ALSI) from 1 January 2020 to 31...

Inequality of opportunity is a critical issue that significantly impacts the socioeconomic landscape. Understanding the variations in income and educational attainment has become increasingly important, as these disparities are often shaped by social...