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How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
Persistent link: https://www.econbiz.de/10012493019
Climate change is already increasing the severity of extreme weather events such as with rainfall during hurricanes. But no research to date investigates if, and to what extent, there are social inequalities in current climate change-attributed flood impacts. Here, we use climate change...
Persistent link: https://www.econbiz.de/10013314666
We analyze the impact of earthquakes on nighttime lights at a sub-national level, i.e. on grids of different size. We argue that existing studies on the impact of natural disasters on economic development have several important limitations, both at the level of the outcome variable – usually...
Persistent link: https://www.econbiz.de/10012892078
Religious participation is much more widespread in the United States than in Europe, while Europeans tend to view sects more suspiciously than Americans. We propose an explanation for these patterns without assuming differences in preferences or market fundamentals. Religious markets may have...
Persistent link: https://www.econbiz.de/10010261227
The interplay between religion and the economy has occupied social scientists for long. We construct a unique panel of … doubt on causal interpretations of the religion-economy nexus in Prussian secularization. …
Persistent link: https://www.econbiz.de/10010291671
We use four ways of the European Social Survey, covering 2000 to 2008, to analyze the effect of religion on happiness … the effects of belonging to an organized religion from the effect of holding religious beliefs, we find that the former … lowers happiness while the latter raises it. We interpret this as evidence that the tangible aspects of religion (such as …
Persistent link: https://www.econbiz.de/10011307097
In this paper, we examine and compare the impact of cultural differences on intergenerational altruism in Turkish people living in Turkey and in Germany, using the anthropological concept of worldview. Data were gathered from four surveys: nationwide surveys in Turkey and Germany, an online...
Persistent link: https://www.econbiz.de/10011657125
We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for Israeli citizens of Jewish and Arab descent. Our data set is the Israeli Social Survey (2006). We are especially interested in the impact of the religions Judaism, Islam and...
Persistent link: https://www.econbiz.de/10010274729
We model the effect of Protestant vs. Catholic denomination in an economic theory of suicide, accounting for differences in religious-community integration, views about man's impact on God's grace, and the possibility of confessing sins. We test the theory using a unique micro-regional dataset...
Persistent link: https://www.econbiz.de/10010274786
Access to useful knowledge is crucial for fostering modern economic growth. We show, for the first time, that knowledge accumulated and stored in monasteries was useful for innovation. In 1866, anticlerical legislation in Italy led to the suppression of religious orders, the expropriation of...
Persistent link: https://www.econbiz.de/10014534296