@article{MTMT:34804007, title = {Nonstandard Errors}, url = {https://m2.mtmt.hu/api/publication/34804007}, author = {Menkveld, A.J. and Dreber, A. and Holzmeister, F. and Huber, J. and Johannesson, M. and Kirchler, M. and Neusüß, S. and Razen, M. and Weitzel, U. and Abad-Díaz, D. and Abudy, M. and Adrian, T. and Ait-Sahalia, Y. and Akmansoy, O. and Alcock, J.T. and Alexeev, V. and Aloosh, A. and Amato, L. and Amaya, D. and Angel, J.J. and Avetikian, A.T. and Bach, A. and Baidoo, E. and Bakalli, G. and Bao, L. and Barbon, A. and Bashchenko, O. and Bindra, P.C. and Bjønnes, G.H. and Black, J.R. and Black, B.S. and Bogoev, D. and Correa, S.B. and Bondarenko, O. and Bos, C.S. and Bosch-Rosa, C. and Bouri, E. and Brownlees, C. and Calamia, A. and Cao, V.N. and Capelle-Blancard, G. and Romero, L.M.C. and Caporin, M. and Carrion, A. and Caskurlu, T. and Chakrabarty, B. and Chen, J. and Chernov, M. and Cheung, W. and Chincarini, L.B. and Chordia, T. and Chow, S. and Clapham, B. and Colliard, J. and Comerton-Forde, C. and Curran, E. and Dao, T. and Dare, W. and Davies, R.J. and Blasis, R.D. and Nard, G.F.D. and Declerck, F. and Deev, O. and Degryse, H. and Deku, S.Y. and Desagre, C. and Dijk, M.A.V. and Dim, C. and Dimpfl, T. and Dong, Y.J. and Drummond, P.A. and Dudda, T. and Duevski, T. and Dumitrescu, A. and Dyakov, T. and Dyhrberg, A.H. and Dzieliński, M. and Eksi, A. and Kalak, I.E. and Ellen, S.T. and Eugster, N. and Evans, M.D.D. and Farrell, M. and Felez-Vinas, E. and Ferrara, G. and Ferrouhi, E.M. and Flori, A. and Fluharty-Jaidee, J.T. and Foley, S.D.V. and Fong, K.Y.L. and Foucault, T. and Franus, T. and Franzoni, F. and Frijns, B. and Frömmel, M. and Fu, S.M. and Füllbrunn, S.C. and Gan, B. and Gao, G. and Gehrig, T.P. and Gemayel, R. and Gerritsen, D. and Gil-Bazo, J. and Gilder, D. and Glosten, L.R. and Gomez, T. and Gorbenko, A. and Grammig, J. and Grégoire, V. and Güçbilmez, U. and Hagströmer, B. and Hambuckers, J. and Hapnes, E. and Harris, J.H. and Harris, L. and Hartmann, S. and Hasse, J. and Hautsch, N. and He, X. and Heath, D. and Hediger, S. and Hendershott, T. and Hibbert, A.M. and Hjalmarsson, E. and Hoelscher, S.A. and Hoffmann, P. and Holden, C.W. and Horenstein, A.R. and Huang, W. and Huang, D. and Hurlin, C. and Ilczuk, K. and Ivashchenko, A. and Iyer, S.R. and Jahanshahloo, H. and Jalkh, N. and Jones, C.M. and Jurkatis, S. and Jylhä, P. and Kaeck, A.T. and Kaiser, G. and Karam, A. and Karmaziene, E. and Kassner, B. and Kaustia, M. and Kazak, E. and Kearney, F. and Kervel, V.V. and Khan, S.A. and Khomyn, M.K. and Klein, T. and Klein, O. and Klos, A. and Koetter, M. and Kolokolov, A. and Korajczyk, R.A. and Kozhan, R. and Krahnen, J.P. and Kuhle, P. and Kwan, A. and Lajaunie, Q. and Lam, F.Y.E.C. and Lambert, M. and Langlois, H. and Lausen, J. and Lauter, T. and Leippold, M. and Levin, V. and Li, Y. and Li, H. and Liew, C.Y. and Lindner, T. and Linton, O. and Liu, J. and Liu, A. and Llorente, G. and Lof, M. and Lohr, A. and Longstaff, F. and Lopez-Lira, A. and Mankad, S. and Mano, N. and Marchal, A. and Martineau, C. and Mazzola, F. and Meloso, D. and Mi, M.G. and Mihet, R. and Mohan, V. and Moinas, S. and Moore, D. and Mu, L. and Muravyev, D. and Murphy, D. and Neszveda, Gábor and Neumeier, C. and Nielsson, U. and Nimalendran, M. and Nolte, S. and Norden, L.L. and O'neill, P. and Obaid, K. and Ødegaard, B.A. and Östberg, P. and Pagnotta, E. and Painter, M. and Palan, S. and Palit, I.J. and Park, A. and Pascual, R. and Pasquariello, P. and Pastor, L. and Patel, V. and Patton, A.J. and Pearson, N.D. and Pelizzon, L. and Pelli, M. and Pelster, M. and Pérignon, C. and Pfiffer, C. and Philip, R. and Plíhal, T. and Prakash, P. and Press, O. and Prodromou, T. and Prokopczuk, M. and Putnins, T. and Qian, Y. and Raizada, G. and Rakowski, D. and Ranaldo, A. and Regis, L. and Reitz, S. and Renault, T. and Renjie, R.W. and Reno, R. and Riddiough, S.J. and Rinne, K. and Rintamäki, P. and Riordan, R. and Rittmannsberger, T. and Longarela, I.R. and Roesch, D. and Rognone, L. and Roseman, B. and Roşu, I. and Roy, S. and Rudolf, N. and Rush, S.R. and Rzayev, K. and Rzeźnik, A.A. and Sanford, A. and Sankaran, H. and Sarkar, A. and Sarno, L. and Scaillet, O. and Scharnowski, S. and Schenk-Hoppé, K.R. and Schertler, A. and Schneider, M. and Schroeder, F. and Schürhoff, N. and Schuster, P. and Schwarz, M.A. and Seasholes, M.S. and Seeger, N.J. and Shachar, O. and Shkilko, A. and Shui, J. and Sikic, M. and Simion, G. and Smales, L.A. and Söderlind, P. and Sojli, E. and Sokolov, K. and Sönksen, J. and Spokeviciute, L. and Stefanova, D. and Subrahmanyam, M.G. and Szaszi, B. and Talavera, O. and Tang, Y. and Taylor, N. and Tham, W.W. and Theissen, E. and Thimme, J. and Tonks, I. and Tran, H. and Trapin, L. and Trolle, A.B. and Vaduva, M.A. and Valente, G. and Ness, R.A.V. and Vasquez, A. and Verousis, T. and Verwijmeren, P. and Vilhelmsson, A. and Vilkov, G. and Vladimirov, V. and Vogel, S. and Voigt, S. and Wagner, W. and Walther, T. and Weiss, P. and Wel, M.V.D. and Werner, I.M. and Westerholm, P.J. and Westheide, C. and Wika, H.C. and Wipplinger, E. and Wolf, M. and Wolff, C.C.P. and Wolk, L. and Wong, W. and Wrampelmeyer, J. and Wu, Z. and Xia, S. and Xiu, D. and Xu, K. and Xu, C. and Yadav, P.K. and Yagüe, J. and Yan, C. and Yang, A. and Yoo, W. and Yu, W. and Yu, Y. and Yu, S. and Yueshen, B.Z. and Yuferova, D. and Zamojski, M. and Zareei, A. and Zeisberger, S.M. and Zhang, L. and Zhang, S.S. and Zhang, X. and Zhao, L. and Zhong, Z. and Zhou, Z.I. and Zhou, C. and Zhu, X.S. and Zoican, M. and Zwinkels, R.}, doi = {10.1111/jofi.13337}, journal-iso = {J FINANC}, journal = {JOURNAL OF FINANCE}, unique-id = {34804007}, issn = {0022-1082}, year = {2024}, eissn = {1540-6261} } @article{MTMT:34751704, title = {Paradoxonok és sportversenyek. Csató László: Paradoxonok a sportversenyek szabályaiban (Typotex, Budapest, 2023)}, url = {https://m2.mtmt.hu/api/publication/34751704}, author = {Petróczy, Dóra Gréta}, journal-iso = {ÉRINTŐ}, journal = {ÉRINTŐ : ELEKTRONIKUS MATEMATIKAI LAPOK}, unique-id = {34751704}, year = {2024}, eissn = {2559-9275}, pages = {1}, orcid-numbers = {Petróczy, Dóra Gréta/0000-0002-8182-3791} } @article{MTMT:34743507, title = {Group authorship, an excellent opportunity laced with ethical, legal and technical challenges}, url = {https://m2.mtmt.hu/api/publication/34743507}, author = {Hosseini, Mohammad and Holcombe, Alex O. and Kovács, Márton and Zwart, Hub and Katz, Daniel S. and Holmes, Kristi}, doi = {10.1080/08989621.2024.2322557}, journal-iso = {ACCOUNT RES}, journal = {ACCOUNTABILITY IN RESEARCH-POLICIES AND QUALITY ASSURANCE}, volume = {31}, unique-id = {34743507}, issn = {0898-9621}, year = {2024}, eissn = {1545-5815}, pages = {1-23}, orcid-numbers = {Hosseini, Mohammad/0000-0002-2385-985X; Holcombe, Alex O./0000-0003-2869-0085; Zwart, Hub/0000-0001-8846-5213; Katz, Daniel S./0000-0001-5934-7525; Holmes, Kristi/0000-0001-8420-5254} } @article{MTMT:34722113, title = {Public debt and economic growth. a panel kink regression latent group structures approach}, url = {https://m2.mtmt.hu/api/publication/34722113}, author = {Chen, Chaoyi and Stengos, Thanasis and Zhang, Jianhan}, doi = {10.3390/econometrics12010007}, journal-iso = {ECONOMETRICS}, journal = {ECONOMETRICS}, volume = {12}, unique-id = {34722113}, issn = {2225-1146}, abstract = {This paper investigates the relationship between public debt and economic growth in the context of a panel kink regression with latent group structures. The proposed model allows us to explore the heterogeneous threshold effects of public debt on economic growth based on unknown group patterns. We propose a least squares estimator and demonstrate the consistency of estimating group structures. The finite sample performance of the proposed estimator is evaluated by simulations. Our findings reveal that the nonlinear relationship between public debt and economic growth is characterized by a heterogeneous threshold level, which varies among different groups, and highlight that the mixed results found in previous studies may stem from the assumption of a homogeneous threshold effect.}, year = {2024}, orcid-numbers = {Zhang, Jianhan/0000-0001-5615-4453} } @article{MTMT:34691810, title = {Threshold nonlinearities and the democracy-growth nexus}, url = {https://m2.mtmt.hu/api/publication/34691810}, author = {Chen, Chaoyi and Stengos, Thanasis}, doi = {10.1093/ectj/utae006}, journal-iso = {ECONOMET J}, journal = {ECONOMETRICS JOURNAL}, unique-id = {34691810}, issn = {1368-4221}, abstract = {This paper investigates the relationship between democracy and economic growth in the context of a linear index threshold regression model. We first introduce the baseline model with endogeneity and propose a two-step smoothed GMM estimation method. We establish the consistency and derive the asymptotic distributions of the proposed estimators. We then extend the approach to a dynamic panel context and employ the model to explore the impact of democratization on economic growth. Our findings reveal that democratization’s impact on growth is nonlinear and depends on the country’s current institutional quality level. Furthermore, democracy’s impact on economic growth is more pronounced in countries with higher education levels than others, suggesting that education also plays a crucial role in enhancing the positive effects of democracy. Our proposed estimator can be used in other situations that require the use of more than one threshold variable. In these cases, our hybrid estimator has less stringent data requirements than an alternative model where the thresholds would enter separately, especially when the threshold variables are correlated.}, year = {2024}, eissn = {1368-423X} } @article{MTMT:34484769, title = {Bibliometric indices as a measure of performance and competitive balance in the knockout stage of the UEFA Champions League}, url = {https://m2.mtmt.hu/api/publication/34484769}, author = {Csató, László and Petróczy, Dóra Gréta}, doi = {10.1007/s10100-023-00896-8}, journal-iso = {CEJOR}, journal = {CENTRAL EUROPEAN JOURNAL OF OPERATIONS RESEARCH}, unique-id = {34484769}, issn = {1435-246X}, abstract = {We argue for the application of bibliometric indices to quantify the long-term uncertainty of outcome in sports. The Euclidean index is proposed to reward quality over quantity, while the rectangle index can be an appropriate measure of core performance. Their differences are highlighted through an axiomatic analysis and several examples. Our approach also requires a weighting scheme to compare different achievements. The methodology is illustrated by studying the knockout stage of the UEFA Champions League in the 20 seasons played between 2003 and 2023: club and country performances as well as three types of competitive balance are considered. Measuring competition at the level of national associations is a novelty. All results are remarkably robust concerning the bibliometric index and the assigned weights. Since the performances of national associations are more stable than the results of individual clubs, it would be better to build the seeding in the UEFA Champions League group stage upon association coefficients adjusted for league finishing positions rather than club coefficients.}, year = {2024}, eissn = {1613-9178}, orcid-numbers = {Csató, László/0000-0001-8705-5036; Petróczy, Dóra Gréta/0000-0002-8182-3791} } @article{MTMT:34482559, title = {An aspirational perspective on the negative risk-return relationship}, url = {https://m2.mtmt.hu/api/publication/34482559}, author = {Bakó, Barna and Neszveda, Gábor}, doi = {10.1016/j.frl.2024.104977}, journal-iso = {FINANC RES LETT}, journal = {FINANCE RESEARCH LETTERS}, volume = {61}, unique-id = {34482559}, issn = {1544-6123}, year = {2024}, eissn = {1544-6131} } @article{MTMT:34035490, title = {Bribery, regulation and firm performance: evidence from a threshold model}, url = {https://m2.mtmt.hu/api/publication/34035490}, author = {Chen, Chaoyi and Pinar, Mehmet and Stengos, Thanasis}, doi = {10.1007/s00181-023-02456-0}, journal-iso = {EMPIR ECON}, journal = {EMPIRICAL ECONOMICS}, volume = {66}, unique-id = {34035490}, issn = {0377-7332}, abstract = {Firm-level bribery and regulation are two of the many determinants of firm performance. However, most of the existing studies examine the direct and linear effects of bribery and regulation and overlook their indirect effects. Using firm-level data, covering 20,343 firms in 78 developing countries, and employing a threshold model, the effects of firm performance’s standard determinants vary based on the bribery and regulation levels. Our findings reveal that the impact of bribery and regulation on firm performance varies significantly depending on corruption and regulation levels. Access to external finance improves firm performance if and only if the firms are exposed to bribes and firm-level regulation is below a given threshold. Furthermore, exports boost the performance of the firms that are exposed to more bribery and spend more time with regulation than those that face lower levels of regulation and bribery. While bribery harms firm performance, our findings reveal that spending time with regulation could improve firm performance if firms are exposed to low levels of bribery. Our findings confirm the ‘sand the wheels’ hypothesis and limiting firm-level bribery improves firm performance.}, year = {2024}, eissn = {1435-8921}, pages = {405-430}, orcid-numbers = {Pinar, Mehmet/0000-0001-5518-188X} } @{MTMT:34532883, title = {A GDP-n kívüli tényezők hatása a jóllétre}, url = {https://m2.mtmt.hu/api/publication/34532883}, author = {Baranyai, Eszter and Bánkuty-Balogh, Lilla}, booktitle = {Fenntartható GDP}, unique-id = {34532883}, year = {2023}, pages = {57-73} } @{MTMT:34532819, title = {The Impact of factors on well-being. beyond GDP}, url = {https://m2.mtmt.hu/api/publication/34532819}, author = {Baranyai, Eszter and Lilla, Bánkuty-Balogh}, booktitle = {Sustainable GDP}, unique-id = {34532819}, year = {2023}, pages = {57-73} }