significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …

-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …

monthly frequency. The econometric identification exploits exogenous monthly within-grid-cell variation in weather conditions …

I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth …: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I … test it on a sample of 160 countries over the period 1950-2014. Temperature and rainfall determine production possibilities …

We use a multilevel approach to characterize the relationship between weather shocks and (internal and international …) migration intentions. We combine individual survey data on migration intentions with measures of localized weather shocks for … the specification of weather anomalies that maximizes the goodness of fit of our empirical model. We then use this best …