Showing 1 - 10 of 568
This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which …
Persistent link: https://www.econbiz.de/10012958583
Using newly-constructed spatially-disaggregated data for London from 1801-1921, we show that the invention of the steam … find that removing the entire railway network reduces the population and the value of land and buildings in London by up to … 51.5 and 53.3 percent respectively, and decreases net commuting into the historical center of London by more than 300 …
Persistent link: https://www.econbiz.de/10012911089
West Germany's external debt and create a series of favourable debt repayment conditions. The London Debt Agreement (LDA …
Persistent link: https://www.econbiz.de/10012984122
This study provides new evidence on the impact of air pollution in a high-pollution high-mortality setting: London over … London's famous fog events, which trapped emissions in the city. My results show that acute pollution exposure due to fog … events accounted for at least one out of every 200 deaths in London during this century. I also provide the first well …
Persistent link: https://www.econbiz.de/10012922212
This paper uses an original data set of more than 3000 cases from 1918 to 1926 in the Central Criminal Courts of London …
Persistent link: https://www.econbiz.de/10012998961
Investors rebalance their portfolios as their views about expected returns and risk change. We use empirical measures of portfolio rebalancing to back out investors' views, specifically their views about the state of the economy. We show that aggregate portfolio rebalancing across equity sectors...
Persistent link: https://www.econbiz.de/10013135882
Asset prices and the equity premium might reflect doubts and pessimism. Introducing these features in an otherwise standard New-Keynesian model changes in a quite substantial way the nature of the policy that maximizes the welfare of the consumers in the model. First, following productivity...
Persistent link: https://www.econbiz.de/10013137729
We analyze the link between economic conditions and the quality of suicide terrorism. While the existing empirical literature shows that poverty and economic conditions are not correlated with the quantity of terror, theory predicts that poverty and poor economic conditions may affect the...
Persistent link: https://www.econbiz.de/10013138762
The creation of the euro should now be recognized as an experiment that has led to the sovereign debt crisis in several countries, the fragile condition of major European banks, the high levels of unemployment, and the large trade deficits that now exist in most Eurozone countries. Although the...
Persistent link: https://www.econbiz.de/10013118129
This paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation (SIPP) for 2004-2010, a period that includes the Great Recession of 2007-09. We find that a one percentage point increase in...
Persistent link: https://www.econbiz.de/10013118248