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Cultural distance and ethnic civil conflict
Guarnieri, Eleonora - 2023
Ethnically diverse countries are more prone to conflict, but why do some groups engage in conflict while others do not? I show that civil conflict is explained by ethnic groups' cultural distance to the central government: an increase in cultural distance, proxied by linguistic distance,...
Persistent link: https://www.econbiz.de/10014332085
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Climate change and long-run discount rates : evidence from real estate
Giglio, Stefano; Maggiori, Matteo; Stroebel, Johannes; … - 2015
The optimal investment to mitigate climate change crucially depends on the discount rate used to evaluate the … investment's uncertain future benefits. The appropriate discount rate is a function of the horizon over which these benefits … accrue and the riskiness of the investment. In this paper, we estimate the term structure of discount rates for an important …
Persistent link: https://www.econbiz.de/10011387348
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Measuring the economic risk of COVID-19
Noy, Ilan; Nguyen Doan; Ferrarini, Benno; Park, Donghyun - 2020
in most of Sub-Saharan Africa, South Asia, and Southeast Asia. These results are consistent when comparing an ad …
Persistent link: https://www.econbiz.de/10012231556
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The economic impacts of a pandemic : what happened after SARS in 2003?
Nguyen Doan; Nguyen Phuc Canh; Noy, Ilan; Sawada, Yasuyuki - 2020
This study quantifies the economic impacts of SARS on the four affected Asian economies and the two most affected Chinese regions using synthetic control methods with macroeconomic and remote-sensing nightlight data. For the four affected economies (China, Hong Kong, Taiwan, and Singapore), we...
Persistent link: https://www.econbiz.de/10012312227
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Social distancing and the economic impact of COVID-19 in the United States
Bürgi, Constantin; Gorgulu, Nisan - 2020
This study documents how the demographics of new infections and mortality changed over time across US counties. We find that counties with a larger population share aged above 60 were hit harder initially in terms of both cases and mortality in March and April while counties with a larger...
Persistent link: https://www.econbiz.de/10012291873
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Floods and spillovers : households after the 2011 great flood in Thailand
Noy, Ilan; Cuong Nhu Nguyen; Patel, Pooja - 2019
In 2011, Thailand experienced its worst flood ever. Using repeated waves of the Thai Household Survey, we analyse the flood's economic impacts. In 2012, households answered a set of questions on the extent of flooding they experienced. We use this self-identified flood exposure, and external...
Persistent link: https://www.econbiz.de/10012022180
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Measuring the economic risk of epidemics
Noy, Ilan; Nguyen Doan; Ferrarini, Benno; Park, Donghyun - 2019
in most Africa, the Indian subcontinent, China, and Southeast Asia. These results are consistent when comparing an ad …
Persistent link: https://www.econbiz.de/10012156716
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Lord, how I want to be in that number! : on the blessing of UNESCO world heritage listing
Bertacchini, Enrico; Revelli, Federico; Zotti, Roberto - 2023
This paper studies the impact of UNESCO World Heritage List (WHL) inscription on income and property values in the Italian municipalities that had their sites inscribed during the past two decades. To address the selection bias and identify the causal impact of inscription, we focus on sites...
Persistent link: https://www.econbiz.de/10013555722
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Bequests, control rights, and cost-benefit analysis
Glazer, Amihai; Kanniainen, Vesa; Niskanen, Esko - 2001
Consider a public project which produces a consumption good and which benefits future generations. Let a conventional cost-benefit analysis find that it gives higher benefits than projects it would dis-place in the private sector. Voters may nevertheless oppose the public project: the...
Persistent link: https://www.econbiz.de/10011400766
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Language rights : a welfare-economics approach
Wickström, Bengt-Arne - 2015
Distributions of language rights in multilingual settings are analyzed from a normative viewpoint in this chapter. If the cost structure of providing rights is concave in the number of beneficiaries, then a critical-mass criterion for the determination of an optimal rights structure results. It...
Persistent link: https://www.econbiz.de/10011309548