Economic Analysis and Policy经济分析与政策
Economic Analysis and Policy(英文缩写 ECON ANAL POLICY),ISSN 0313-5926,eISSN 2204-2296,中文译名:经济分析与政策 是一本学术期刊。本页汇总该期刊的最新影响因子、分区信息以及最新收录于 PubMed 的文献,帮助您快速了解期刊全貌。
发文量统计区间：2025-11-01 至 2026-10-31，按本站收录文献的发表日期统计。
期刊介绍
历年影响因子趋势
| JCR 数据年份 | 影响因子 | JCR 分区 |
|---|---|---|
| 2021 | 4.444 | Q1 |
| 2022 | 6.500 | Q1 |
| 2023 | 7.900 | Q1 |
| 2024 | 8.700 | Q1 |
| 2025 | 9.000 | Q1 |
Economic Analysis and Policy 最新收录文献
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1. The Effect of ESG performance on the stock market during the COVID-19 Pandemic - Evidence from Japan.
PMID:日期:2023-06-28Environmental, social, and governance (ESG) practices can play a crucial role in promoting green recovery by fostering sustainable and responsible economic growth. Based on a novel dataset of Japanese listed companies from January 2016 to December 2021, this study examines the effect of corporate (ESG) performance on the Japanese stock market during the COVID-19 pandemic. We contribute additional evidence to the literature by exploring the unique role of ESG factors that affect stock markets during economic downturns. The results of the study show a positive association between corporate ESG performance and stock returns during the COVID-19 period. Furthermore, we demonstrate that strong ESG performance contributed to enhanced stock market stability and increased market liquidity in Japan during the COVID-19 pandemic. These results provide a rationale for implementing supportive measures and regulations that encourage companies to adopt and disclose robust ESG practices. By doing so, they can contribute to the stability and liquidity of the stock market and fostering sustainable economic growth.
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2. How Covid-19 impacts the financing in SMEs: Evidence from private firms.
PMID:日期:2023-06-25The world economy, and SMEs in particular, have been hit hard by the COVID-19 epidemic. SME finance issues are becoming a significant focus of policymakers and academics. This research uses private companies as a sample to analyze how COVID-19 affected SME finance. We examine critical factors such as business size, leverage, profitability, liquidity, and the influence of COVID-19. Our research shows that the pandemic has had a significant, detrimental impact on funding for small and medium-sized businesses. Small and medium-sized enterprises (SMEs) have expanded their borrowing amid falling profits and cash flow. More specifically, smaller SMEs have been hit harder than their bigger counterparts. Implications for policymakers and the owners of SMEs are substantial. Governments should help small and medium-sized enterprises by providing incentives like tax credits and loan guarantees. Owners of small and medium-sized enterprises (SMEs) should prioritize sound financial management and stability. This research sheds light on SMEs' funding difficulties in the wake of COVID-19 and highlights the need to aid such businesses as rebuild.
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3. The effectiveness of COVID deaths to COVID policies: A robust conditional approach.
PMID:日期:2023-06-17This paper examines the effectiveness of four major COVID-19 social distancing policies, (i) shelter-in-place orders (SIPO), (ii) non-essential business closures, (iii) mandatory quarantine for travelers, and (iv) bans on large gatherings, on both COVID cases and COVID deaths. Results indicate that states are highly ineffective in producing the fraction of the population that does not have COVID-19 or the fraction of the population that does not die from COVID-19. We find that having any form of social distancing policies increases the fraction of the population not considered a positive COVID-19 case by 23.5 percentage points. Results also show that having any of the four major social distancing policies reduces the fraction of the population who has died of COVID-19 by 1.3 percentage points between March 1, 2020 and September 1, 2020; during the first 100 days, effectiveness would improve by 2.1 percentage points. Evidence suggests that there is no effective uniform national COVID-19 social distancing policy. Furthermore, conditional efficiency regressions after 100 days suggest that behavioral noncompliance and premature expiration of social distancing policies both negatively impact effectiveness. Partial regression plots suggest that bans on large gatherings and the closure of non-essential businesses were the two most impactful COVID-19 social distancing policies.
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4. Stock return anomalies identification during the Covid-19 with the application of a grouped multiple comparison procedure.
PMID:日期:2023-06-13This study investigates the impact of COVID-19 pandemic on the Chinese stock market in 2020. Using daily data of three industries, this study addresses the identification of abnormal stock returns as a multiple hypothesis testing problem and proposes to apply a grouped comparison procedure for better detection. By comparing the numbers of daily signals and numbers of stocks with abnormal positive and negative returns, the empirical result shows that the three industries perform differently under the pandemic. Compared to the non-grouped testing procedure, the signals found by the grouped procedure are more prominent, which is advantageous for some situations when there tends to be abnormal performance clustering at the occurrence of major event. This paper on stock return anomalies gives a new perspective on the impact of major events to the stock market, like the global outbreak disease.
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5. Means-tested COVID-19 stimulus payment and consumer spending: Evidence from card transaction data in South Korea.
PMID:日期:2023-05-25This study examines the effect of a means-tested COVID-19 stimulus payment, which was provided by the Seoul Metropolitan Government in South Korea, on consumer spending. The Seoul government issued a one-off payment in the spring of 2020 for residents in the city living below the national median income. We use daily card transaction data aggregated by users' age, income and location of residence, and apply a difference-in-differences approach to assess the effect of the stimulus payment. We compare consumption for the treatment (eligible for the payment) and control (ineligible but with a similar level of income) groups before and after the implementation of the payment. The results show that the payment increased consumer spending for the treatment group by about 12%. Recipients of the means-tested payment have a marginal propensity of consumption at no less than 59%, larger than that found for a universal emergency payment made by the Korean government and similar stimulus checks in other countries.
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6. The lending implication of a funding for lending scheme policy during COVID-19 pandemic: The case of Indonesia Banks.
PMID:日期:2023-05-06We investigate the lending implication of the PMK 70, a low-cost funding for lending scheme introduced by the Indonesian Ministry of Finance in June 2020 as a response to the COVID-19 pandemic. We utilize a quasi-experimental design of difference-in-differences to compare the lending of participating state-owned banks to the non-participating banks before and after the introduction of the policy. Overall, our findings suggest that the policy encourages participating banks to lend more than the non-participating banks during the distress period. We find no evidence that the low-cost funds lead to a moral hazard of liquidity hoarding for the state-owned banks. Our findings also highlight the important role of unconventional policies in alleviating banks' risk aversion during downturns.
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7. Do more stringent policies reduce daily COVID-19 case counts? Evidence from Canadian provinces.
PMID:日期:2023-03-08The enactment of COVID-19 policies in Canada falls under provincial jurisdiction. This study exploits time-series variation across four Canadian provinces to evaluate the effects of stricter COVID-19 policies on daily case counts. Employing data from this time-period allows an evaluation of the efficacy of policies independent of vaccine impacts. While both OLS and IV results offer evidence that more stringent Non-Pharmaceutical Interventions (NPIs) can reduce daily case counts within a short time-period, IV estimates are larger in magnitude. Hence, studies that fail to control for simultaneity bias might produce confounded estimates of the efficacy of NPIs. However, IV estimates should be treated as correlations given the possibility of other unobserved determinants of COVID-19 spread and mismeasurement of daily cases. With respect to specific policies, mandatory mask usage in indoor spaces and restrictions on business operations are significantly associated with lower daily cases. We also test the efficacy of different forecasting models. Our results suggest that Gradient Boosted Regression Trees (GBRT) and Seasonal Autoregressive-Integrated Moving Average (SARIMA) models produce more accurate short-run forecasts relative to Vector Auto Regressive (VAR), and Susceptible-Infected-Removed (SIR) epidemiology models. Forecasts from SIR models are also inferior to results from basic OLS regressions. However, predictions from models that are unable to correct for endogeneity bias should be treated with caution.
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8. COVID-19 uncertainty, financial markets and monetary policy effects in case of two emerging Asian countries.
PMID:日期:2023-03-08This paper examines the effectiveness of the monetary policies undertaken by the central bank on economic growth during COVID-19 uncertainty in case of India and Indonesia. We use an innovative framework of Growth-at-Risk as oppose to standard macroeconomic models, which can predict the growth in a much robust way particularly when an economy is facing shocks like COVID-19. The empirical results based on Growth-at-Risk model clearly reveal that effect of COVID-19 pandemic on economic growth is much adverse in comparison to actual declines. Further, this study shows the effectiveness of monetary and financial policies undertaken by the central banks of both India and Indonesia, which have actually subsided the adverse impact of COVID-19.
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9. Did the policy responses influence credit and business cycle co-movement during the COVID-19 crisis? Evidence from Indonesia.
PMID:日期:2023-03-05This paper examines the responses of credit and business cycle to various policy actions of the Government of Indonesia during the COVID-19 crisis. Specifically, the paper addresses two key questions (1) How do the credit and business cycle behave during the COVID-19 crisis in Indonesia? (2) Do the central bank and government policy responses effectively stabilize the credit and business cycle? Using the concordance Index and DCC-GARCH methodology, we found that the COVID-19 crisis increased Indonesia's credit and business cycle co-movements. Similarly, using the mixed data sampling regression technique, our findings suggest fiscal policy measures and government support help the business cycle revival during the COVID-19 pandemic. However, the monetary policy transmission is weak during the pandemic.
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10. Realising rural economic transformation: Pathways to inclusive and sustainable prosperity in post-COVID-19 Asia.
PMID:日期:2023-01-16The world is adjusting to regain control over direct economic impacts of the COVID-19 pandemic. This adjustment is occurring whilst global collective action is also gearing up to tackle climate change, avert biodiversity collapse and redress unsustainable growth practices that featured in pre-Covid era global economic activity for decades. COVID-19 pandemic experience since December 2019 has been a period of pronounced anxiety and inspiration. Despite the angst of widespread calamity, and the loss of over six million lives, a coordinated global effort helped contain the impacts well short of initial predictions. Progress toward eliminating poverty, the central goal in rural economic transformation, has been set back by decades. The strength in organising - through social and business processes - marked the resilience endured. The recovery is patchy and uneven across individual nations, and the medium-term prospects remain contingent on the efficacy of funding essential human services and clear market bottlenecks. Bridging capacity constraints across the rural-urban continuum also remain a need to ease the regulatory burden as the world tackles widespread externalities of the past to create new growth opportunities. In this special issue, emerging and established academics from the Asian region and beyond, draw insights from research and analysis on the challenges facing policy makers, businesses, and households in raising living standards and inspiring the pursuit of individual and social affluence during these uncertain but opportune times.