We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …

Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in …

to unemployment dynamics in Australia is found to be much milder and substantially lower than that of monetary policy …We develop uncertainty indices for the United States and Australia based on freely accessible, real time Google Trends … significant contribution to unemployment dynamics by GTU shocks in the United States. Differently, the contribution of GTU shocks …

We show that drought-induced changes in the intensity of riots lead to moves towards democracy in sub-Saharan Africa …

This paper considers the problem of a water management authority faced with the threat of a drought that hits at an … drought and relying on automatic adjustments through a zero marginal social net benefit condition, iii) an economically … optimal dynamic policy taking account of the threat of a drought. In particular, we show that the optimal pre-drought steady …

with access to sanitation and hygiene. Finally, both direct and indirect risks associated with flood and drought on health …

current (same fiscal year) drought events have positive impacts on dairy farms' revenue and profit; this effect is most likely … attributable to drought-induced increases in the price of milk solids (New Zealand is the market maker in this global market). In … general, dairy farmers "benefit" more from drought events when compared to sheep/beef farms, whereas the latter sector has …