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[Accepting]
Ms Jinjing Chen (University of Melbourne): Who Anticipates? Policy Leakage and Regulatory Arbitrage in Vehicle Markets
We study anticipatory behavior by firms and households in vehicle markets. Using administrative data from Sweden on vehicle registrations linked to individual and firm characteristics, we document that the early announcement of Sweden’s 2018 feebate policy caused anticipatory vehicle adoption. To avoid the forthcoming higher road taxes, households and firms systematically brought forward the adoption of more emissions-intensive vehicles, resulting in a dirtier vehicle fleet ahead of implementation. Anticipatory adoption is most pronounced among those for whom acting early is easiest or adaptin...
APL
Event Date：2026.07.16
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[Accepting]
Ms Yimeng Zhang (Kyoto University): Less is more: media regulation, news coverage quality and corporate governance
This paper investigates how a major media regulatory reform in China—the revocation and merger of local reporter stations affiliated with central media outlets—affects news coverage quality and corporate governance. Using a unique dataset of corporate news articles and based on a difference-in-differences approach, we find that the reform significantly promotes news coverage quality, as reflected by reduced optimistic tone bias. The effects are more pronounced for firms located geographically distant, in regions with weaker media competition, for less socially responsive newspapers, as well as...
APL
Event Date：2026.06.18
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[Accepting]
Ian Coxhead (IDE-JETRO): Local labor market effects of FDI: job growth and skills demand in Vietnam
FDI concentrated in low value-added manufacturing creates jobs in labor-abundant developing economies, but does it extend the ladder toward a knowledge economy? We investigate the net contribution of FDI to employment growth and demand for skills in Vietnam, using labor force survey data from the recent era of rapid investment and GDP growth. Our estimates of the local FDI employment multiplier fall between 0.93 and 1.05. Decomposing the multiplier by industry and worker characteristics reveals that while the skill mix of FDI job creation broadly reflects that of the existing labor force, its ...
APL
Event Date：2026.06.11
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[Accepting] Ms Jinjing Chen (University of Melbourne): Who Anticipates? Policy Leakage and Regulatory Arbitrage in Vehicle Markets We study anticipatory behavior by firms and households in vehicle markets. Using administrative data from Sweden on vehicle registrations linked to individual and firm characteristics, we document that the early announcement of Sweden’s 2018 feebate policy caused anticipatory vehicle adoption. To avoid the forthcoming higher road taxes, households and firms systematically brought forward the adoption of more emissions-intensive vehicles, resulting in a dirtier vehicle fleet ahead of implementation. Anticipatory adoption is most pronounced among those for whom acting early is easiest or adaptin... APL Event Date：2026.07.16