equilibrium levels of safety and activity from the product’s usage under no liability, strict liability, and negligence rule. We …

full (marginal) costs of an action on the parties. However, institutional restrictions or bilateral activity choices can …

We study the effect of spatial inequality on economic activity. Given that the relationship is highly simultaneous in … relationship between spatial inequality and economic activity. This result holds if we control for country-level averages of … activity. …

unfavorable harvest shocks in other regions of the world significantly curtail domestic economic activity. The effects are much …-income countries. When we control for these country characteristics, we find indeed that the effects on economic activity become …

We study the contribution of loans, granted to different borrower groups, to economic activity in the USA over the … activity when compared to other groups, mortgages contribute the most with respect to other typologies. The analysis shows that … loan shocks have truly undermined economic activity during the Global Financial Crisis. …

This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the … findings can be summarised as follows. The linear VAR responses of electricity consumption (a proxy for real economic activity … activity in all countries in the early stages of the pandemic (especially in Italy), and a positive one on CDS at the same time …