Showing 1 - 10 of 147
Using the Synthetic Control Method (SCM) and a novel method for measuring changes in educational attainment we examine the link between educational attainment and shale oil and gas extraction for the states of Montana, North Dakota, and West Virginia. The three states examined are...
Persistent link: https://www.econbiz.de/10011449861
The United States experienced a considerable increase in oil and natural gas extraction in recent years due to technological advancements including horizontal drilling and hydraulic fracturing. Increased energy development likely creates both benefits and costs, but the net effects for local...
Persistent link: https://www.econbiz.de/10011455295
Fracking innovations revolutionized the United States oil and gas industry and facilitated a boom in energy production in states with oil and gas resources. This paper examines effects of oil and gas booms within a state on individual employment and earnings. To account for endogenous migration...
Persistent link: https://www.econbiz.de/10012117023
per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the … oil revenues, GDP and investment can be confirmed for all countries. While the cointegration vector is found to be unique … for Iran, long run equations for GDP and investment per capita are distinguished for the Gulf countries. Both variables …
Persistent link: https://www.econbiz.de/10010339608
This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is...
Persistent link: https://www.econbiz.de/10012005460
investment in human capital. We assess both short-term and long-term effects for a broad set of educational margins, by comparing …
Persistent link: https://www.econbiz.de/10014311599
The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …
Persistent link: https://www.econbiz.de/10012099522
The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …
Persistent link: https://www.econbiz.de/10012099559
level, raises the amount of investment per worker in the economy compared to a one-tier bargaining scheme, in which earnings … investment per worker and the presence of a two-tier bargaining agreement that we find in a representative sample of Italian …
Persistent link: https://www.econbiz.de/10011951741
tax imposed on owners of small and medium sized businesses affects their firms' investment and employment decisions …
Persistent link: https://www.econbiz.de/10012295610