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We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight … (<20 km) of a firm deteriorates but business constraints of more distant firms relax. The negative local impact of mining …
Persistent link: https://www.econbiz.de/10011563057
-intensive, mining booms cause virtually no upward pressure on manufacturing earnings per worker, and both producers of traded and local … goods benefit from mining booms in terms of employment. In contrast, labour-intensive mining booms drive up local …
Persistent link: https://www.econbiz.de/10011916397
in the consumption-income ratio that occur during disaster periods or whether, on the other hand, consumers become more … forward-looking and therefore give more weight to these expectations during disaster times. Our theoretical framework implies … higher during disaster episodes. We check this both for past disasters and the current Covid-19 pandemic through the …
Persistent link: https://www.econbiz.de/10012511037
This study investigates the short- and long-run impact on population dynamics of the major flood in the Netherlands in 1953. A dynamic difference-in-differences analysis reveals that the flood had an immediate negative impact on population growth, but limited long term effects. In contrast, the...
Persistent link: https://www.econbiz.de/10010224822
Persistent link: https://www.econbiz.de/10010191317
I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in a redistributive growth model by introducing exposure of households and firms to extreme weather events, that damage their housing capital and physical capital, respectively....
Persistent link: https://www.econbiz.de/10014233371
We illustrate the impact of detailed data in empirical economic research by considering how the increased data availability has changed the scope and focus of studies on retail gasoline pricing. We show how high-volume, high-frequency price data help to identify and explain long-term trends...
Persistent link: https://www.econbiz.de/10010403906
When products are sold in advance, i.e. prior to consumption, consumers trade off an early, uninformed purchase at a low price against a late, informed purchase at a high price. This paper considers the effect of market structure on the prevalence of advance selling. We show that in an...
Persistent link: https://www.econbiz.de/10011446893
The effects of climate policies are often studied under the assumption of perfectly competitive markets for fossil fuels. In this paper, we allow for monopolistic fossil fuel supply. We show that, if fossil and renewable energy sources are perfect substitutes, a phase will exist during which the...
Persistent link: https://www.econbiz.de/10011556203
Persistent link: https://www.econbiz.de/10010191381