Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E1: General Aggregative Models
/ / / E17: Forecasting and Simulation: Models and Applications

2020

• Maksym Sitnicki & Iryna Netreba, 2020, "Interdependence Assessing For Networked Readiness Index Economic And Social Informative Factors," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", volume 6, issue 2, DOI: 10.30525/2256-0742/2020-6-2-47-53.
• Ionut Laurentiu Gavris & Valentin Toader, 2020, "Romania’S Long-Term Growth Perspectives," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
• Banco de España, 2020, "Escenarios macroeconómicos de referencia para la economía española tras el Covid-19," Boletín Económico, Banco de España, issue 2/2020.
• Banco de España, 2020, "Reference macroeconomic scenarios for the Spanish economy after Covid-19," Economic Bulletin, Banco de España, issue 2/2020.
• Fabio Busetti & Michele Caivano & Davide Delle Monache & Claudia Pacella, 2020, "The time-varying risk of Italian GDP," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1288, Jul.
• Andres Gonzalez & Alexander Guarin & Diego A. Rodriguez-Guzman & Hernando Vargas-Herrera, 2020, "4GM: A New Model for the Monetary Policy Analysis in Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 1106, Feb, DOI: https://doi.org/10.32468/be.1106.
• Javier G. Gómez-Pineda, 2020, "The depth, length and shape of the covid-19 recession conveyed in 2020 growth forecasts," Borradores de Economia, Banco de la Republica de Colombia, number 1123, Aug, DOI: https://doi.org/10.32468/be.1123.
• David Berger & Kyle Herkenhoff & Simon Mongey, 2020, "An SEIR Infectious Disease Model with Testing and Conditional Quarantine," Working Papers, Becker Friedman Institute for Research In Economics, number 2020-25.
• Pierre Aldama & Jean-François Ouvrard, 2020, "Basic Model Elasticities of the Macroeconomic Model for France of the Banque de France (FR-BDF)," Working papers, Banque de France, number 750.
• Eyyup Ecevit & Zeynep Ozturk Yaprak & Murat Cetin, 2020, "Türkiye’de Issizligin Saglik Uzerindeki Etkisi: Ampirik Bir Analiz," Bingol University Journal of Economics and Administrative Sciences, Bingol University, Faculty of Economics and Administrative Sciences, volume 4, issue 2, pages 117-144, December, DOI: https://dx.doi.org/10.33399/biibfad.
• Daniel Rees, 2020, "What Comes Next?," BIS Working Papers, Bank for International Settlements, number 898, Nov.
• Ramis Khbaibullin & Sergei Seleznev, 2020, "Stochastic Gradient Variational Bayes and Normalizing Flows for Estimating Macroeconomic Models," Bank of Russia Working Paper Series, Bank of Russia, number wps61, Oct.
• Alexander Ballantyne & Tom Cusbert & Richard Evans & Rochelle Guttmann & Jonathan Hambur & Adam Hamilton & Elizabeth Kendall & Rachael McCririck & Gabriela Nodari & Daniel M. Rees, 2020, "MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy," The Economic Record, The Economic Society of Australia, volume 96, issue 314, pages 225-251, September, DOI: 10.1111/1475-4932.12531.
• Francesco Furlanetto & Kåre Hagelund & Frank Hansen & Ørjan Robstad, 2020, "Norges Bank Output Gap Estimates: Forecasting Properties, Reliability and Cyclical Sensitivity," Working Paper, Norges Bank, number 2020/7, Jul.
• Lien Laureys & Roland Meeks & Boromeus Wanengkirtyo, 2020, "Optimal simple objectives for monetary policy when banks matter," Bank of England working papers, Bank of England, number 890, Nov.
• Graziano Moramarco, 2020, "Measuring Global Macroeconomic Uncertainty," Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna, number wp1148, Jun.
• Luiz Brotherhood & Philipp Kircher & Cezar Santos & Michéle Tertilt, 2020, "An Economic Model of the COVID-19 Pandemic With Young and Old Agents: Behavior, Testing and Policies," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2020_175v2, Aug.
• Donsimoni Jean Roch & Glawion René & Plachter Bodo & Wälde Klaus, 2020, "Projecting the spread of COVID-19 for Germany," German Economic Review, De Gruyter, volume 21, issue 2, pages 181-216, June, DOI: 10.1515/ger-2020-0031.
• Donsimoni Jean Roch & Glawion René & Hartl Tobias & Plachter Bodo & Timmer Jens & Wälde Klaus & Weber Enzo & Weiser Constantin, 2020, "Covid-19 in Deutschland – Erklärung, Prognose und Einfluss gesundheitspolitischer Maßnahmen," Perspektiven der Wirtschaftspolitik, De Gruyter, volume 21, issue 3, pages 250-262, September, DOI: 10.1515/pwp-2020-0019.
• Chiarella Carl & Di Guilmi Corrado & Zhi Tianhao, 2020, "“Animal spirits” and bank’s lending behaviour, a disequilibrium approach," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 24, issue 2, pages 1-21, April, DOI: 10.1515/snde-2016-0095.
• Brotherhood, L. & Cavalcanti, T. & Da Mata, D. & Santos, C., 2020, "Slums and Pandemics," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2076, Aug.
• Nathaniel Frentz & Jaeger Nelson & Dan Ready & John Seliski, 2020, "A Simplified Model of How Macroeconomic Changes Affect the Federal Budget: Working Paper 2020-01," Working Papers, Congressional Budget Office, number 55884, Jan.
• Robert Lehmann & Magnus Reif, 2020, "Tracking and Predicting the German Economy: ifo vs. PMI," CESifo Working Paper Series, CESifo, number 8145.
• Roel Beetsma & Oliwia Komada & Krzysztof Makarski & Joanna Tyrowicz, 2020, "The Political (In)Stability of Funded Pension Systems," CESifo Working Paper Series, CESifo, number 8176.
• Jean Roch Donsimoni & René Glawion & Bodo Plachter & Klaus Wälde, 2020, "Projecting the Spread of Covid-19 for Germany," CESifo Working Paper Series, CESifo, number 8183.
• Jean Roch Donsimoni & René Glawion & Bodo Plachter & Constantin Weiser & Klaus Wälde, 2020, "Should Contact Bans Be Lifted in Germany? A Quantitative Prediction of Its Effects," CESifo Working Paper Series, CESifo, number 8242.
• Robert Lehmann, 2020, "The Forecasting Power of the ifo Business Survey," CESifo Working Paper Series, CESifo, number 8291.
• Luiz Brotherhood & Philipp Kircher & Cezar Santos & Michèle Tertilt, 2020, "An Economic Model of the Covid-19 Epidemic: The Importance of Testing and Age-Specific Policies," CESifo Working Paper Series, CESifo, number 8316.
• Reyer Gerlagh, 2020, "Closed-Form Solutions for Optimal Social Distancing in a SIR Model of Covid-19 Suppression," CESifo Working Paper Series, CESifo, number 8335.
• Balazs Egert, 2020, "The Quantification of Structural Reforms: Taking Stock of the Results for OECD and Non-OECD Countries," CESifo Working Paper Series, CESifo, number 8778.
• Florian Dorn & Clemens Fuest & Marcell Göttert & Carla Krolage & Stefan Lautenbacher & Sebastian Link & Andreas Peichl & Magnus Reif & Stefan Sauer & Marc Stöckli & Klaus Wohlrabe & Timo Wollmershäuse, 2020, "The Economic Costs of the Coronavirus Shutdown for Germany: A Scenario Calculation," EconPol Policy Brief, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 21.
• Stefan Sauer & Klaus Wohlrabe, 2020, "ifo Handbuch der Konjunkturumfragen," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 88, July.
• Florian Dorn & Clemens Fuest & Marcell Göttert & Carla Krolage & Stefan Lautenbacher & Sebastian Link & Andreas Peichl & Magnus Reif & Stefan Sauer & Marc Stöckli & Klaus Wohlrabe & Timo Wollmershäuse, 2020, "Die volkswirtschaftlichen Kosten des Corona-Shutdown für Deutschland: Eine Szenarienrechnung," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 73, issue 04, pages 29-35, April.
• Adrian, Tobias & Adams, Patrick & Boyarchenko, Nina & Giannone, Domenico, 2020, "Forecasting Macroeconomic Risks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14436, Feb.
• Santos, Cezar & Brotherhood, Luiz & Kircher, Philipp & Tertilt, Michèle, 2020, "An economic model of the Covid-19 epidemic: The importance of testing and age-specific policies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14695, May.
• Bianchi, Francesco & Ludvigson, Sydney & Ma, Sai, 2020, "Belief Distortions and Macroeconomic Fluctuations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15003, Jul.
• Boyarchenko, Nina & Adrian, Tobias & Giannone, Domenico, 2020, "Multimodality in Macro-Financial Dynamics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15088, Jul.
• Santos, Cezar & Brotherhood, Luiz & Cavalcanti, Tiago & da Mata, Daniel, 2020, "Slums and Pandemics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15131, Aug.
• Willem DEVRIENDT & Freddy HEYLEN, 2020, "Macroeconomic and Distributional Effects of Demographic Change in an Open Economy - The Case of Belgium," JODE - Journal of Demographic Economics, Cambridge University Press, volume 86, issue 1, pages 87-124, March, DOI: 10.1017/dem.2019.14.
• Devriendt, Willem & Heylen, Freddy, 2020, "Macroeconomic and distributional effects of demographic change in an open economy—the case of Belgium," Journal of Demographic Economics, Cambridge University Press, volume 86, issue 1, pages 87-124, March.
• Peter Hennecke & Doris Neuberger, 2020, "Gesamtwirtschaftliche Effekte der Tätigkeit von Bürgschaftsbanken in den Neuen Bundesländern," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, volume 89, issue 2, pages 63-80, DOI: 10.3790/vjh.89.2.63.
• Jeerawadee Pumjaroen & Preecha Vichitthamaros & Yuthana Sethapramote, 2020, "Forecasting Economic Cycle with a Structural Equation Model: Evidence from Thailand," International Journal of Economics and Financial Issues, Econjournals, volume 10, issue 3, pages 47-57.
• Beldi Lamia & Mouldi Djelassi, 2020, "Is the Tunisian Central Bank following a Linear or a Nonlinear Augmented Taylor Rule?," International Journal of Economics and Financial Issues, Econjournals, volume 10, issue 3, pages 69-78.
• Benjamin Kwakye & Chan Tze Haw, 2020, "Interplay of the Macroeconomy and Real Estate: Systematic Review of Literature," International Journal of Economics and Financial Issues, Econjournals, volume 10, issue 5, pages 262-271.
• Matej Raj p & Lea Robic Mohar & Matej Pozarnik, 2020, "Development of a Numerical Regression Model of Gross Domestic Product per Capita Movement in the European Union Member State as a Result of Investments in R&D from the Structural Funds," International Journal of Economics and Financial Issues, Econjournals, volume 10, issue 6, pages 25-30.
• Nassios, Jason & Giesecke, James A. & Dixon, Peter B. & Rimmer, Maureen T., 2020, "What impact do differences in financial structure have on the macro effects of bank capital requirements in the United States and Australia?," Economic Modelling, Elsevier, volume 87, issue C, pages 429-446, DOI: 10.1016/j.econmod.2019.08.020.
• Samargandi, Nahla & Kutan, Ali M. & Sohag, Kazi & Alqahtani, Faisal, 2020, "Equity market and money supply spillovers and economic growth in BRICS economies: A global vector autoregressive approach," The North American Journal of Economics and Finance, Elsevier, volume 51, issue C, DOI: 10.1016/j.najef.2019.101060.
• Gelfer, Sacha, 2020, "Re-evaluating Okun’s Law: Why all recessions and recoveries are “different”," Economics Letters, Elsevier, volume 196, issue C, DOI: 10.1016/j.econlet.2020.109497.
• Chen, Jinyu & Zhu, Xuehong & Li, Hailing, 2020, "The pass-through effects of oil price shocks on China's inflation: A time-varying analysis," Energy Economics, Elsevier, volume 86, issue C, DOI: 10.1016/j.eneco.2020.104695.
• Abdel-Latif, Hany & El-Gamal, Mahmoud, 2020, "Financial liquidity, geopolitics, and oil prices," Energy Economics, Elsevier, volume 87, issue C, DOI: 10.1016/j.eneco.2019.104482.
• Tallman, Ellis W. & Zaman, Saeed, 2020, "Combining survey long-run forecasts and nowcasts with BVAR forecasts using relative entropy," International Journal of Forecasting, Elsevier, volume 36, issue 2, pages 373-398, DOI: 10.1016/j.ijforecast.2019.04.024.
• Gelfer, Sacha, 2020, "The effects of professional forecast dissemination on macroeconomic volatility," Journal of Economic Behavior & Organization, Elsevier, volume 170, issue C, pages 131-156, DOI: 10.1016/j.jebo.2019.11.031.
• Delli Gatti, Domenico & Grazzini, Jakob, 2020, "Rising to the challenge: Bayesian estimation and forecasting techniques for macroeconomic Agent Based Models," Journal of Economic Behavior & Organization, Elsevier, volume 178, issue C, pages 875-902, DOI: 10.1016/j.jebo.2020.07.023.
• Caines, Colin, 2020, "Can learning explain boom-bust cycles in asset prices? An application to the US housing boom," Journal of Macroeconomics, Elsevier, volume 66, issue C, DOI: 10.1016/j.jmacro.2020.103256.
• Fontana, Giuseppe & Veronese Passarella, Marco, 2020, "Unconventional monetary policies from conventional theories: Modern lessons for central bankers," Journal of Policy Modeling, Elsevier, volume 42, issue 3, pages 503-519, DOI: 10.1016/j.jpolmod.2020.01.001.
• Solvoll, Gisle & Mathisen, Terje Andreas & Welde, Morten, 2020, "Forecasting air traffic demand for major infrastructure changes," Research in Transportation Economics, Elsevier, volume 82, issue C, DOI: 10.1016/j.retrec.2020.100873.
• Lien Laureys & Roland Meeks & Boromeus Wanengkirtyo, 2020, "Optimal Simple Objectives for Monetary Policy When Banks Matter," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-98, Nov.
• Gabriel Vieira Mandarino & Claudio H. Dos Santos & Antonio Carlos Macedo e Silva, 2020, "Workers' debt-financed consumption: a supermultiplier stock-flow consistent model," Review of Keynesian Economics, Edward Elgar Publishing, volume 8, issue 3, pages 339-364, July.
• Irfan Ahmed & Ali Mohammad Medabesh, 2020, "Role of income distribution and consumption expenditure in agricultural output: case of Nigeria," International Journal of Social Economics, Emerald Group Publishing Limited, volume 47, issue 8, pages 991-1001, July, DOI: 10.1108/IJSE-02-2020-0122.
• Hakan Saribas & İbrahim Güran Yumuşak, 2020, "The just economic system: a model and its simulations," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, volume 14, issue 2, pages 317-338, November, DOI: 10.1108/IMEFM-04-2019-0143.
• Zidong An & Joao Tovar Jalles, 2020, "On the performance of US fiscal forecasts: government vs. private information," Journal of Economic Studies, Emerald Group Publishing Limited, volume 48, issue 2, pages 367-391, June, DOI: 10.1108/JES-08-2019-0388.
• Fatemeh Abdolshah & Saeed Moshiri & Andrew Worthington, 2020, "Macroeconomic shocks and credit risk stress testing the Iranian banking sector," Journal of Economic Studies, Emerald Group Publishing Limited, volume 48, issue 2, pages 275-295, September, DOI: 10.1108/JES-11-2019-0498.
• Kevin X.D. Huang & Zixi Liu & Guoqiang Tian, 2020, "Promote Competitive Neutrality to Facilitate China’s Economic Development: Outlook, Policy Simulations, and Reform Implementation—A Summary of the Annual SUFE Macroeconomic Report (2019?020)," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, volume 15, issue 1, pages 1-24, March.
• Andrea Carriero & Todd E. Clark & Massimiliano Marcellino, 2020, "Capturing Macroeconomic Tail Risks with Bayesian Vector Autoregressions," Working Papers, Federal Reserve Bank of Cleveland, number 20-02R, Jan, revised 22 Sep 2020, DOI: 10.26509/frbc-wp-202002r.
• Andrea Carriero & Todd E. Clark & Marcellino Massimiliano, 2020, "Nowcasting Tail Risks to Economic Activity with Many Indicators," Working Papers, Federal Reserve Bank of Cleveland, number 20-13R2, May, revised 22 Sep 2020, DOI: 10.26509/frbc-wp-202013r2.
• Allan Dizioli & Roberto Pinheiro, 2020, "Information and Inequality in the Time of a Pandemic," Working Papers, Federal Reserve Bank of Cleveland, number 20-25, Aug, DOI: 10.26509/frbc-wp-202025.
• Christopher A. Hollrah & Steven A. Sharpe & Nitish R. Sinha, 2020, "The Power of Narratives in Economic Forecasts," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2020-001, Jan, DOI: 10.17016/FEDS.2020.001.
• Michael T. Kiley, 2020, "Financial Conditions and Economic Activity: Insights from Machine Learning," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2020-095, Nov, DOI: 10.17016/FEDS.2020.095.
• David W. Berger & Kyle F. Herkenhoff & Simon Mongey, 2020, "An SEIR Infectious Disease Model with Testing and Conditional Quarantine," Staff Report, Federal Reserve Bank of Minneapolis, number 597, Mar, DOI: 10.21034/sr.597.
• Marius Cristian Acatrinei, 2020, "Financial stability indicator for non-banking markets," Journal of Financial Studies, Institute of Financial Studies, volume 9, issue 5, pages 3-9, November, DOI: 10.6084/m9.figshare.13621271.
• Anton Grui, 2020, "Uncovered interest parity with foreign exchange interventions under exchange rate peg and inflation targeting: The case of Ukraine," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 14-2020, Aug.
• Pedro Brinca, 2020, "Modern Macroeconomics and Heterogeneity," Notas Económicas, Faculty of Economics, University of Coimbra, issue 51, pages 7-20, December, DOI: 10.14195/2183-203X_51_1.
• Tiago Neves Sequeira, 2020, "Monetary Policy in an Endogenous Growth Model with R&D and Human Capital Accumulation," CeBER Working Papers, Centre for Business and Economics Research (CeBER), University of Coimbra, number 2020-12, Jul.
• Constantin Bürgi & Tara M. Sinclair, 2020, "What Does Forecaster Disagreement Tell Us about the State of the Economy?," Working Papers, The George Washington University, The Center for Economic Research, number 2020-001, Feb.
• Paul Malliet & Frédéric Reynés & Gissela Landa & Meriem Hamdi-Cherif & Aurélien Saussay, 2020, "Assessing Short‑Term and Long‑Term Economic and Environmental Effects of the COVID‑19 Crisis in France," Post-Print, HAL, number hal-03403038, DOI: 10.1007/s10640-020-00488-z.
• Yeganeh Forouheshfar & Najat El Mekkaoui & Hippolyte d'Albis, 2020, "Demographics in MENA Countries: A Major Driver for Economic Growth," Post-Print, HAL, number halshs-02874757, Jun, DOI: 10.1007/s10645-020-09357-y.
• Yeganeh Forouheshfar & Najat El Mekkaoui & Hippolyte d'Albis, 2020, "Demographics in MENA Countries: A Major Driver for Economic Growth," PSE-Ecole d'économie de Paris (Postprint), HAL, number halshs-02874757, Jun, DOI: 10.1007/s10645-020-09357-y.
• Paul Malliet & Frédéric Reynés & Gissela Landa & Meriem Hamdi-Cherif & Aurélien Saussay, 2020, "Assessing Short‑Term and Long‑Term Economic and Environmental Effects of the COVID‑19 Crisis in France," Sciences Po Economics Publications (main), HAL, number hal-03403038, DOI: 10.1007/s10640-020-00488-z.
• Andersson, Fredrik N. G., 2020, "Macroeconomic Equilibriums, Crises and Fiscal Policy," Working Papers, Lund University, Department of Economics, number 2020:21, Oct.
• Kawaguchi, Kohei & Kodama, Naomi & Tanaka, Mari, 2020, "Small Business under the COVID-19 Crisis: Expected Short- and Medium-Run Effects of Anti-Contagion and Economic Policies," SSPJ Discussion Paper Series, Service Sector Productivity in Japan: Determinants and Policies, Institute of Economic Research, Hitotsubashi University, number DP20-002, Nov.
• David Berger & Kyle Herkenhoff & Simon Mongey, 2020, "An SEIR Infectious Disease Model with Testing and Conditional Quarantine," Working Papers, Human Capital and Economic Opportunity Working Group, number 2020-017, Mar.
• Biswajit Nag & Willem van der Geest, 2020, "Economic Impact Analysis of Covid-19 Implication on India’s GDP, Employment and Inequality," Working Papers, Indian Institute of Foreign Trade, number 2041, Aug.
• Allan Dizioli & Roberto Pinheiro, 2020, "Information and Inequality in the Time of a Pandemic," IMF Working Papers, International Monetary Fund, number 2020/188, Sep.
• Lien Laureys & Mr. Roland Meeks & Boromeus Wanengkirtyo, 2020, "Optimal Simple Objectives for Monetary Policy when Banks Matter," IMF Working Papers, International Monetary Fund, number 2020/244, Nov.
• Zidong An & João Tovar Jalles, 2020, "On the Performance of US Fiscal Forecasts: Government vs. Private Information," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2020/0130, May.
• Donsimoni, Jean Roch & Glawion, René & Plachter, Bodo & Wälde, Klaus, 2020, "Projecting the Spread of COVID-19 for Germany," IZA Discussion Papers, Institute of Labor Economics (IZA), number 13094, Mar.
• Donsimoni, Jean Roch & Glawion, René & Plachter, Bodo & Weiser, Constantin & Wälde, Klaus, 2020, "Should Contact Bans Be Lifted in Germany? A Quantitative Prediction of Its Effects," IZA Discussion Papers, Institute of Labor Economics (IZA), number 13151, Apr.
• Brotherhood, Luiz & Kircher, Philipp & Santos, Cezar & Tertilt, Michèle, 2020, "An Economic Model of the COVID-19 Epidemic: The Importance of Testing and Age-Specific Policies," IZA Discussion Papers, Institute of Labor Economics (IZA), number 13265, May.
• Jean Roch Donsimoni & René Glawion & Bodo Plachter & Klaus Wälde, 2020, "Projecting the Spread of COVID19 for Germany," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 2006, Mar.
• Jean Roch Donsimoni & René Glawion & Bodo Plachter & Constantin Weiser & Klaus Wälde, 2020, "Should contact bans be lifted in Germany?," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 2008, Apr.
• Philipp Harms & Claudia Landwehr & Maximilian Lutz & Markus Tepe, 2020, "Procedural Preferences, Self-Interest, and Communication. Evidence from a Laboratory Experiment," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 2011, Apr.
• Jean Roch Donsimoni & Tobias Hartl & René Glawion & Jens Timmer & Bodo Plachter & Constantin Weiser & Enzo Weber & Klaus Wälde, 2020, "Covid-19 in Deutschland – Erklärung, Prognose und Einfluss gesundheitspolitischer Maßnahmen," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 2012, Apr.
• Breuer Sebastian & Elstner Steffen, 2020, "Germany’s Growth Prospects against the Backdrop of Demographic Change," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, volume 240, issue 5, pages 565-605, October, DOI: 10.1515/jbnst-2018-0094.
• Adalid Ramón & Falagiarda Matteo, 2020, "How Repayments Manipulate Our Perceptions about Loan Dynamics after a Boom," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, volume 240, issue 6, pages 697-742, December, DOI: 10.1515/jbnst-2019-0034.
• Yeganeh Forouheshfar & Najat El Mekkaoui & Hippolyte d’Albis, 2020, "Demographics in MENA Countries: A Major Driver for Economic Growth," De Economist, Springer, volume 168, issue 2, pages 183-213, June, DOI: 10.1007/s10645-020-09357-y.
• Paul Malliet & Frédéric Reynès & Gissela Landa & Meriem Hamdi-Cherif & Aurélien Saussay, 2020, "Assessing Short-Term and Long-Term Economic and Environmental Effects of the COVID-19 Crisis in France," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, volume 76, issue 4, pages 867-883, August, DOI: 10.1007/s10640-020-00488-z.
• Paul Malliet & Frédéric Reynès & Gissela Landa & Meriem Hamdi‑Cherif & Aurélien Saussay, 2020, "Correction to: Assessing Short-Term and Long-Term Economic and Environmental Effects of the COVID-19 Crisis in France," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, volume 77, issue 3, pages 669-669, November, DOI: 10.1007/s10640-020-00510-4.
• Harold M. Hastings & Tai Young-Taft & Chih-Jui Tsen, 2020, "Ecology, Economics, and Network Dynamics," Economics Working Paper Archive, Levy Economics Institute, number wp_971, Sep.
• Sebastian Valdecantos, 2020, "Argentina's (Macroeconomic?) Trap: Some Insights from an Empirical Stock-Flow Consistent Model," Economics Working Paper Archive, Levy Economics Institute, number wp_975, Nov.
• Boriss Siliverstovs & Daniel Wochner, 2020, "Recessions as Breadwinner for Forecasters State-Dependent Evaluation of Predictive Ability: Evidence from Big Macroeconomic US Data," Working Papers, Latvijas Banka, number 2020/02, Feb.
• Mirela Miescu & Raffaele Rossi, 2020, "COVID-19-Induced Shocks and Uncertainty," Economics Discussion Paper Series, Economics, The University of Manchester, number 2013, Dec, revised Aug 2021.
• Alok Johri & Md Mahbubur Rahman, 2020, "The Rise and Fall of India's Relative Investment Price: A Tale of Policy Error and Reform," Department of Economics Working Papers, McMaster University, number 2020-12, Jul.
• Leland Bybee & Bryan T. Kelly & Asaf Manela & Dacheng Xiu, 2020, "The Structure of Economic News," NBER Working Papers, National Bureau of Economic Research, Inc, number 26648, Jan.
• Scott R. Baker & Nicholas Bloom & Steven J. Davis & Stephen J. Terry, 2020, "COVID-Induced Economic Uncertainty," NBER Working Papers, National Bureau of Economic Research, Inc, number 26983, Apr.
• Sydney C. Ludvigson & Sai Ma & Serena Ng, 2020, "COVID-19 and The Macroeconomic Effects of Costly Disasters," NBER Working Papers, National Bureau of Economic Research, Inc, number 26987, Apr.
• Francesco Bianchi & Sydney C. Ludvigson & Sai Ma, 2020, "Belief Distortions and Macroeconomic Fluctuations," NBER Working Papers, National Bureau of Economic Research, Inc, number 27406, Jun.
• Florin Bonciu, 2020, "Challenges in Designing Economic Strategies for the Post Covid-19 Era," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, volume 8, issue 1, pages 19-23, May.
• Jean Roch Donsimoni & René Glawion & Bodo Plachter & Klaus Wälde & Constantin Weiser, 2020, "Should Contact Bans Have Been Lifted More in Germany?," CESifo Economic Studies, CESifo Group, volume 66, issue 2, pages 115-133.
• John Muellbauer, 2020, "Implications of household-level evidence for policy models: the case of macro-financial linkages," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, volume 36, issue 3, pages 510-555.
• John Muellbauer, 2020, "Implications of household-level evidence for policy models: the case of macro-financial linkages," Economics Series Working Papers, University of Oxford, Department of Economics, number 916, Aug.
• Harris Ntantanis & Lawrence Pohlman, 2020, "Market implied GDP," Journal of Asset Management, Palgrave Macmillan, volume 21, issue 7, pages 636-646, December, DOI: 10.1057/s41260-020-00176-z.
• Ackon, Kwabena Meneabe, 2020, "Fiscal Policy Innovations In Advanced Economies," MPRA Paper, University Library of Munich, Germany, number 100737, Feb.
• Kitov, Ivan, 2020, "Race and gender income inequality in the USA: black women vs. white men," MPRA Paper, University Library of Munich, Germany, number 101019, Jun, revised 10 Jun 2020.
• Mellacher, Patrick, 2020, "COVID-Town: An Integrated Economic-Epidemiological Agent-Based Model," MPRA Paper, University Library of Munich, Germany, number 103661, Oct.
• Ogawa, Shogo & Sasaki, Hiroaki, 2020, "Numerical Analysis of the Disequilibrium Monetary Growth Model: Secular Stagnation, Slow Convergence, and Cyclical Fluctuations," MPRA Paper, University Library of Munich, Germany, number 103845, Oct.
• Jong, Meng-Chang, 2020, "Empirical Review on Tourism Demand and COVID-19," MPRA Paper, University Library of Munich, Germany, number 103919, Nov.
• Dmitriy, Skrypnik, 2020, "Инфраструктура И Экономический Рост. «Бюджетный Маневр» В России
  [Infrastructure and economic growth. "Budgetary maneuver" in Russia]," MPRA Paper, University Library of Munich, Germany, number 104920, Nov.
• Fajar, Muhammad & Hartini, Sri, 2020, "Comparison of ARIMA, SSA, and ARIMA – SSA hybrid model performance in Indonesian economic growth forecasting," MPRA Paper, University Library of Munich, Germany, number 105045, Jun, revised 16 Jun 2020.
• Tweneboah Senzu, Emmanuel, 2020, "Theoretically proposed policy instrument to resolve the negative effect of inflation flow into a positive macroeconomic growth: the case of Sierra Leone economy," MPRA Paper, University Library of Munich, Germany, number 99402, Apr.
• Klára Čermáková & Pavel Procházka & Lucie Kureková & Jiří Rotschedl, 2020, "Do Institutions Influence Economic Growth?," Prague Economic Papers, Prague University of Economics and Business, volume 2020, issue 6, pages 672-687, DOI: 10.18267/j.pep.749.
• Luiz Brotherhood, 2020, "An economic model of the Covid-19 pandemic with young and old agents: Behavior, testing and policies," Working Papers, Banco de Portugal, Economics and Research Department, number w202014.
• Luiz Brotherhood, 2020, "Slums and Pandemics," Working Papers, Banco de Portugal, Economics and Research Department, number w202015.
• Nuttanan Wichitaksorn, 2020, "Analyzing and Forecasting Thai Macroeconomic Data using Mixed-Frequency Approach," PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research, number 146, Dec.
• Andrew Clark, 2020, "A Pound Centric look at the Pound vs. Krona Exchange Rate Movement from 1844 to 1965," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2020-22, Oct.
• David Berger & Kyle Herkenhoff & Chengdai Huang & Simon Mongey, 2020, "Online Appendix to "Testing and Reopening in an SEIR Model"," Online Appendices, Review of Economic Dynamics, number 20-184.
• Enrique Mendoza & Sergio Villalvazo, 2020, "Code and data files for "FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints"," Computer Codes, Review of Economic Dynamics, number 19-424, revised .
• David Berger & Kyle Herkenhoff & Chengdai Huang & Simon Mongey, 2020, "Code and data files for "Testing and Reopening in an SEIR Model"," Computer Codes, Review of Economic Dynamics, number 20-184, revised .
• González-Gómez, Andrés & Guarín-López, Alexander & Rodríguez, Diego & Vargas-Herrera, Hernando, 2020, "4GM: A New Model for the Monetary Policy Analysis in Colombia," Working papers, Red Investigadores de Economía, number 31, Feb.
• Alvarez-Espinoza, Andrés Camilo & Calderón Díaz, Silvia Liliana & Romero Otálora, Germán & Ordoñez, Alejandro, 2020, "Análisis macroeconómico de los impactos sectoriales del cambio climático en Colombia," Working papers, Red Investigadores de Economía, number 58, Jun.
• Kaitila, Ville, 2020, "CO2 Emissions in Finland 2019–2023 and the Carbon Neutrality Objective," ETLA Brief, The Research Institute of the Finnish Economy, number 84, Jan.
• Kaitila, Ville, 2020, "Carbon-Neutral Finland 2035 Is a Tough Objective," ETLA Brief, The Research Institute of the Finnish Economy, number 90, Sep.
• Clement Olalekan Olaniyi, 2020, "Application of Bootstrap Simulation and Asymmetric Causal Approach to Fiscal Deficit-Inflation Nexus," Global Journal of Emerging Market Economies, Emerging Markets Forum, volume 12, issue 2, pages 123-140, May, DOI: 10.1177/0974910120919021.
• Aloisio Campelo & Viviane Seda Bittencourt & Marco Malgarini, 2020, "Consumers Confidence and Households Consumption in Brazil: Evidence from the FGV Survey," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), volume 16, issue 1, pages 19-34, April, DOI: 10.1007/s41549-020-00042-2.
• Yuri Biondi & Simone Righi, 2020, "Much ado about making money: the impact of disclosure, news and rumors on the formation of security market prices over time," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, volume 15, issue 2, pages 333-362, April, DOI: 10.1007/s11403-017-0201-8.
• Sebastian Dullien & Sabine Stephan & Thomas Theobald, 2020, "Transatlantischer Handelskonflikt und die deutsche Wirtschaft: Auf die Dauer kommt es an
  [The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, volume 100, issue 7, pages 524-530, July, DOI: 10.1007/s10273-020-2694-3.
• Christian Schneemann & Enzo Weber & Marc Ingo Wolter & Gerd Zika, 2020, "Welche Branchen sind ökonomisch systemrelevant?
  [Which Industries Are Economically Relevant to the System?]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, volume 100, issue 9, pages 687-693, September, DOI: 10.1007/s10273-020-2739-7.
• Ros, Greg, 2020, "The making of a cyber crash: a conceptual model for systemic risk in the financial sector," ESRB Occasional Paper Series, European Systemic Risk Board, number 16, May.
• Thomas von Brasch & Ådne Cappelen & Håvard Hungnes & Terje Skjerpen, 2020, "Modeling R&D spillovers to productivity. The effects of tax policy," Discussion Papers, Statistics Norway, Research Department, number 927, Apr.
• Rebecca Folkman Gleditsch & Astri Syse, 2020, "Ways to project fertility in Europe. Perceptions of current practices and outcomes," Discussion Papers, Statistics Norway, Research Department, number 929, May.
• Namsuk Kim, 2020, "How long will it take for LDCs and SIDS to recover from the impacts of COVID-19?," Working Papers, United Nations, Department of Economics and Social Affairs, number 170, Oct.
• Namsuk Kim & Marcelo LaFleur, 2020, "What does the United Nations “say” about global agenda? An exploration of trends using natural language processing for machine learning," Working Papers, United Nations, Department of Economics and Social Affairs, number 171, Oct.
• Wolfgang Britz & Yaghoob Jafari & Alexandr Nekhay & Roberto Roson, 2020, "Modeling Trade and Income Distribution in Six Developing Countries A dynamic general equilibrium analysis up to the year 2050," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2020:03.
• Rybacki Jakub, 2020, "Macroeconomic forecasting in Poland: The role of forecasting competitions," Central European Economic Journal, Sciendo, volume 7, issue 54, pages 1-11, January, DOI: 10.2478/ceej-2020-0001.
• Abdić Ademir & Resić Emina & Abdić Adem & Rovčanin Adnan, 2020, "Nowcasting GDP of Bosnia and Herzegovina: A Comparison of Forecast Accuracy Models," South East European Journal of Economics and Business, Sciendo, volume 15, issue 2, pages 1-14, December, DOI: 10.2478/jeb-2020-0011.
• Julia Grübler & Oliver Reiter, 2020, "Non-tariff Trade Policy Analysis: An Ex-post Assessment of the EU-Korea Agreement," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 182, Aug.
• Anda David & Mohamed Ali Marouani & Charbel Nahas & Björn Nilsson, 2020, "The economics of the Syrian refugee crisis in neighbouring countries: The case of Lebanon," Economics of Transition and Institutional Change, John Wiley & Sons, volume 28, issue 1, pages 89-109, January, DOI: 10.1111/ecot.12230.
• James Morley & Benjamin Wong, 2020, "Estimating and accounting for the output gap with large Bayesian vector autoregressions," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 35, issue 1, pages 1-18, January, DOI: 10.1002/jae.2733.
• Drygalla, Andrej & Heinisch, Katja & Holtemöller, Oliver & Lindner, Axel & Wieschemeyer, Matthias & Zeddies, Götz, 2020, "Hohes öffentliches Defizit nicht nur wegen Corona: Mittelfristige Handlungsmöglichkeiten für den Staat," Konjunktur aktuell, Halle Institute for Economic Research (IWH), volume 8, issue 4, pages 150-161.
• Guimaraes, Luis, 2020, "Antibody Tests: They are More Important than We Thought," QBS Working Paper Series, Queen's University Belfast, Queen's Business School, number 2020/07, DOI: 10.2139/ssrn.3640105.

2019

• Daniel Borup & Erik Christian Montes Schütte, 2019, "In search of a job: Forecasting employment growth using Google Trends," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2019-13, Aug.
• Shalva Mkhatrishvili & Douglas Laxton & Davit Tutberidze & Tamta Sopromadze & Saba Metreveli & Lasha Arevadze & Tamar Mdivnishvili & Giorgi Tsutskiridze, 2019, "Solving non-linear dynamic models (more) efficiently: application to a simple monetary policy model," NBG Working Papers, National Bank of Georgia, number 01/2019, Oct.
• Britz, Wolfgang & Roson, Roberto & Sartori, Martina, 2019, "SSP long run scenarios for European NUTS2 regions," Conference papers, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project, number 333114.
• Alisher Tolepbergen, 2019, "The Importance of Terms of Trade Shocks: Kazakhstan," NAC Analytica Working Paper, NAC Analytica, Nazarbayev University, number 4, Dec, revised Jul 2020.
• Aizhan Bolatbayeva, 2019, "A Two-Country Macroeconometric Model," NAC Analytica Working Paper, NAC Analytica, Nazarbayev University, number 5, Dec, revised Aug 2020.
• Жузбаев А.М. // Zhuzbayev A.M. & Орлов К.В. // Orlov K.V., 2019, "Использование квартальной прогностической модели и сателлитных моделей в системе анализа и прогнозирования НБ РК // Use of the quarterly predictive model and satellite models in the analysis and forecasting system of the NBK," Economic Review(National Bank of Kazakhstan), National Bank of Kazakhstan, issue special, pages 3-14.
• Шульц Д.Н. // Sсhultz D.N. & Кысыков А.Б. // Kyssykov A.B., 2019, "Оптимизация денежно-кредитной политики на основе DSGE-модели экономики Казахстана // Optimization of monetary policy based on the DSGE model of the economy of Kazakhstan," Economic Review(National Bank of Kazakhstan), National Bank of Kazakhstan, issue special, pages 39-56.
• Жузбаев Адам // Zhuzbayev Adam & Сейдахметова Баян // Seidakhmetova Bayan, 2019, "Влияние факторов на потребительский спрос в Казахстане: эмпирическая оценка // Factors of the consumer demand: an empirical assessment," Working Papers, National Bank of Kazakhstan, number #2019-2.
• Орлов Константин // Orlov Konstantin, 2019, "Оценка и анализ эффективности применения динамической факторной модели для оценивания и прогнозирования ВВП на примере Казахстан // Evaluation and analysis of the effectiveness of the use of a dynamic factor model for estimating and forecasting GDP o," Working Papers, National Bank of Kazakhstan, number #2019-4.
• Liliana MANEA & Ciprian GIJU, 2019, "A Case Study About The Performance Indicators Of The Romanian Consolidated General Budget," Internal Auditing and Risk Management, Athenaeum University of Bucharest, volume 53, issue 1, pages 79-88, March.
• Pablo Garcia Sanchez & Alban Moura, 2019, "The LU-EAGLE model with disaggregated public expenditure," BCL working papers, Central Bank of Luxembourg, number 135, Nov.
• Gergely Ganics & Eva Ortega, 2019, "Las previsiones macroeconómicas del Banco de España a la luz de un modelo econométrico," Boletín Económico, Banco de España, issue SEP.
• Gergely Ganics & Eva Ortega, 2019, "Banco de España macroeconomic projections: comparison with an econometric model," Economic Bulletin, Banco de España, issue SEP.
• Fabio Busetti & Michele Caivano & Davide Delle Monache, 2019, "Domestic and global determinants of inflation: evidence from expectile regression," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1225, Jun.
• Valentina Aprigliano & Danilo Liberati, 2019, "Using credit variables to date business cycle and to estimate the probabilities of recession in real time," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1229, Jul.
• Cyril Couaillier & Thomas Ferrière & Valerio Scalone, 2019, "ALIENOR, a Macrofinancial Model for Macroprudential Policy," Working papers, Banque de France, number 724.
• Naohisa Hirakata & Kazutoshi Kan & Akihiro Kanafuji & Yosuke Kido & Yui Kishaba & Tomonori Murakoshi & Takeshi Shinohara, 2019, "The Quarterly Japanese Economic Model (Q-JEM): 2019 version," Bank of Japan Working Paper Series, Bank of Japan, number 19-E-7, Jun.
• Aleksandra Praščević & Milutin Ješić, 2019, "Modeling Macroeconomic Policymakers’ Interactions under Zero Lower Bound Environment: The New Keynesian Theoretical Approach," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 8, issue 1, pages 5-38.
• Yiqun Gloria Chen, 2019, "Inflation, Inflation Expectations, and the Phillips Curve: Working Paper 2019-07," Working Papers, Congressional Budget Office, number 55501, Aug.
• Kimberly Bayard & Emin Dinlersoz & Timothy Dunne & John Haltiwanger & Javier Miranda & John Stevens, 2018, "Early-Stage Business Formation: An Analysis of Applications for Employer Identification Numbers," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 18-52, Dec.
• Johanna Garnitz & Robert Lehmann & Klaus Wohlrabe, 2019, "Forecasting GDP all over the world using leading indicators based on comprehensive survey data," CESifo Working Paper Series, CESifo, number 7691.
• Chuku Chuku & Anthony Simpasa & Jacob Oduor, 2019, "Intelligent forecasting of economic growth for developing economies," International Economics, CEPII research center, issue 159, pages 74-93.
• Luis Sánchez & Karina Caballero, 2019, "La curva de Kuznets ambiental y su relación con el cambio climático en América Latina y el Caribe: un análisis de cointegración con panel, 1980-2015," Revista de Economía del Rosario, Universidad del Rosario, volume 22, issue 1, pages 101-142.
• Canova, Fabio & Matthes, Christian, 2019, "Dealing with misspecification in structural macroeconometric models," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13511, Feb.
• Taylor, Alan M. & Davis, Josh, 2019, "The Leverage Factor: Credit Cycles and Asset Returns," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14115, Nov.
• Dawid, Herbert & Harting, Philipp & Neugart, Michael & Hoog, Sander van der, 2019, "Macroeconomics with heterogeneous agent models: fostering transparency, reproducibility and replication," Publications of Darmstadt Technical University, Institute for Business Studies (BWL), Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL), number 113126.
• Elke Holst & Denise Barth, 2019, "Makroökonomie: Blind Spot Gender: Erweiterung makroökonomischer Indikatoren durch eine Gender-Komponente am Beispiel der empirischen Phillips-Kurve," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1786.
• Lodge, David & Soudan, Michel, 2019, "Credit, financial conditions and the business cycle in China," Working Paper Series, European Central Bank, number 2244, Feb.
• Papetti, Andrea, 2019, "Demographics and the natural real interest rate: historical and projected paths for the euro area," Working Paper Series, European Central Bank, number 2258, Mar.
• Chavleishvili, Sulkhan & Manganelli, Simone, 2019, "Forecasting and stress testing with quantile vector autoregression," Working Paper Series, European Central Bank, number 2330, Nov.
• Jeevita Matadeen, 2019, "Stock Market Development: An Assessment of its Macroeconomic and Institutional Determinants in Mauritius," International Journal of Economics and Financial Issues, Econjournals, volume 9, issue 4, pages 197-202.
• Sheng, Yu & Song, Ligang, 2019, "Agricultural production and food consumption in China: A long-term projection," China Economic Review, Elsevier, volume 53, issue C, pages 15-29, DOI: 10.1016/j.chieco.2018.08.006.
• Chen, Anping & Groenewold, Nicolaas, 2019, "China's ‘New Normal’: Is the growth slowdown demand- or supply-driven?," China Economic Review, Elsevier, volume 58, issue C, DOI: 10.1016/j.chieco.2018.07.009.
• Li, Xing & Hou, Keqiang, 2019, "R&D based knowledge capital and future firm growth: Evidence from China’s Growth Enterprise Market firms," Economic Modelling, Elsevier, volume 83, issue C, pages 287-298, DOI: 10.1016/j.econmod.2019.07.005.
• Meyer, Bernd & Ahlert, Gerd, 2019, "Imperfect Markets and the Properties of Macro-economic-environmental Models as Tools for Policy Evaluation," Ecological Economics, Elsevier, volume 155, issue C, pages 80-87, DOI: 10.1016/j.ecolecon.2017.06.017.