Showing 1 - 10 of 4,422
causal evidence on the economic drivers of biodiversity loss using a novel panel dataset on the types and quantities of … pollution as underlying contributors to contemporaneous biodiversity declines …
Persistent link: https://www.econbiz.de/10012660035
We explore the effects of physical and regulatory risks related to biodiversity loss on economic activity and asset … values. We first develop a news-based measure of aggregate biodiversity risk and analyze how it varies over time. We also … construct and publicly release several firm-level measures of exposure to biodiversity risk, based on textual analyses of firms …
Persistent link: https://www.econbiz.de/10014250155
data differs by race. We develop a framework and econometric strategy for correcting this bias, using variation across … bias estimates meaningfully impact the conclusions drawn in the existing literature …
Persistent link: https://www.econbiz.de/10015450930
The purpose of the paper is to measure the potential bias in the U.S. import price index due to the appearance of new … product varieties, or new foreign suppliers, and determine the effect of this bias on the estimated income elasticity of … share of import expenditure on the sampled products is falling over time, this will lead to an upward bias in the measured …
Persistent link: https://www.econbiz.de/10012474074
We partner with a large US payment-processing company to run a 5-year, 10 wave panel survey of incentivized quarterly sales forecasts on over 6,000 firms. We match firm predictions to proprietary revenue data to assess accuracy. We find firms forecast poorly, with issues of inaccuracy,...
Persistent link: https://www.econbiz.de/10015195030
dissect two specific channels of discrimination: customer bias and managerial bias. To illustrate our framework, we integrate … the club are selected. The observed preferential bias at both ends of the draft incurs a substantial opportunity cost …. However, bias at the top end unduly affects competitiveness. Our findings provide significant implications for future research …
Persistent link: https://www.econbiz.de/10015195037
Large literatures have analyzed racial and ethnic disparities in economic outcomes and access to the safety net. For such analyses that rely on survey data, it is crucial that survey accuracy does not vary by race and ethnicity. Otherwise, the observed disparities may be confounded by...
Persistent link: https://www.econbiz.de/10015056187
The COVID-19 pandemic led to unprecedented levels of federal transfers to state and local governments. Did this funding impact population health? To answer this question, we leverage the fact that U.S. states that enjoy excess representation in Congress received substantially more fiscal...
Persistent link: https://www.econbiz.de/10015398151
This paper investigates whether U.S. government spending multipliers differ according to two potentially important features of the economy: (1) the amount of slack and (2) whether interest rates are near the zero lower bound. We shed light on these questions by analyzing new quarterly historical...
Persistent link: https://www.econbiz.de/10012457947
We use rich historical data on military procurement spending across U.S. regions to estimate the effects of government spending in a monetary union. Aggregate military build-ups and draw- downs have differential effects across regions. We use this variation to estimate an "open economy relative...
Persistent link: https://www.econbiz.de/10012461267