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Global agricultural trade, which increased at the end of 2020, has been described as "resilient" to the impacts of the COVID-19 coronavirus pandemic; however, the size and channels of its quantitative impacts are not clear. Using a reduced-form, gravity-based econometric model for monthly trade,...
Persistent link: https://www.econbiz.de/10012794579
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Human beings' domination of the planet has not been kind to many species worldwide. This is to be expected. Humans have radically altered natural landscapes, harvested heavily from the ocean, and altered the climate in an unprecedented way. Recent concerns over the extent and rate of...
Persistent link: https://www.econbiz.de/10014447273
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This paper assesses the long-run effects of the 1988 Canada-U.S. Free Trade Agreement (CUSFTA) on the Canadian labor …
Persistent link: https://www.econbiz.de/10012938762
received their K-12 education domestically). We obtain similar results for immigrant sorting in Canada, which supports our …
Persistent link: https://www.econbiz.de/10012660096
We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
Persistent link: https://www.econbiz.de/10012629429
Early research on the returns to higher education treated the postsecondary system as a monolith. In reality, postsecondary education in the United States and around the world is highly differentiated, with a variety of options that differ by credential (associates degree, bachelor's degree,...
Persistent link: https://www.econbiz.de/10013191028
Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we...
Persistent link: https://www.econbiz.de/10013191058
We study the productivity-pay relationship in the United States and Canada along two dimensions. The first is … positive increase in the rate of pay growth, holding all else equal. This linkage appears stronger in the US than in Canada … productivity growth, particularly in large relatively closed economies like the USA, will tend to raise middle class incomes. At …
Persistent link: https://www.econbiz.de/10012794576