Empirical Economics publishes high quality papers using econometric or statistical methods to fill the gap between economic theory and observed data. Papers explore such topics as estimation of established relationships between economic variables, testing of hypotheses derived from economic theory, treatment effect estimation, policy evaluation, simulation, forecasting, as well as econometric methods and measurement. Empirical Economics emphasizes the replicability of empirical results. Replication studies of important results in the literature - both positive and negative results - may be published as short papers in Empirical Economics. Authors of all accepted papers and replications are required to submit all data and codes prior to publication (for more details, see: Instructions for Authors). The journal follows a single blind review procedure. In order to ensure the high quality of the journal and an efficient editorial process, a substantial number of submissions that have very poor chances of receiving positive reviews are routinely rejected without sending the papers for review. Officially cited as: Empir Econ 2017 Journal Impact Factor : 0.974 Factor (RePEc): 6.547 (July 2017) Rank 161 of 1908 journals listed in RePEc
Empirical Economics
Description
Identifiers
ISSN | 0377-7332 |
e-ISSN | 1435-8921 |
DOI | 10.1007/181.1435-8921 |
Publisher
Springer Berlin Heidelberg
Additional information
Data set: Springer
Articles
Empirical Economics > 2019 > 57 > 6 > 1891-1909
In this paper we argue that major shifts in monetary policy regimes can help explain the forward discount puzzle. We hypothesize that shifts by central banks from destabilizing regimes—when the Taylor principle is violated—to stabilizing regimes—when a central bank follows a Taylor-type rule—can cause violations of uncovered interest rate parity. Following the shift is an adjustment period when the...
Empirical Economics > 2019 > 57 > 6 > 1869-1889
I generalize the New Keynesian Phillips Curve model of Galí and Gertler (J Monet Econ 44:195–222, 1999) to allow for time-varying parameters. The parameter of interest measures the trade-off between inflation and real economic activity, and it is particularly a nonlinear function of three underlying structural parameters: the discount factor, the degree of price rigidity and the strength of backward-looking...
Empirical Economics > 2019 > 57 > 6 > 2079-2105
This paper empirically investigates the impact of ethnic diversity on firm performance and applies systematic analysis of the possible channels with which this can happen. Using unit record data on 28,088 publicly listed firms in 62 countries, we first adopt indices of ethnic diversity for countries and then examine its impact on various measures of firm performance. Our empirical analyses show that...