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valuation of disaster risk. Focusing on media discourse addresses the challenge of sample size even when major disasters are … rare. Our methodology avoids look-ahead bias and addresses semantic shifts. War discourse positively predicts market …-grade corporate bonds. The predictive power of war discourse increases in more recent time periods …
Persistent link: https://www.econbiz.de/10014287305
locations outside of major urban centers for security reasons during the United States' industrial mobilization for World War II …
Persistent link: https://www.econbiz.de/10014512119
our analysis of these new data, we find that the relatively stingy, fixed-price contracts of the Civil War era led … inventors to focus broadly on reducing costs, while the less cost-conscious procurement contracts of World War I did not. We …' preferences across wars. Finally, we find that the Civil War and World War I procurement shocks led to substantial increases in …
Persistent link: https://www.econbiz.de/10012479203
This paper considers the effect of the First World War on large-scale businesses in Second …-Industrial-Revolution industries like steel, electricity, and chemicals. For firms in the nations of the Entente, we argue, the war mainly interrupted … long-term trends that resumed in the aftermath of the conflict. For Germany, however, the war and its subsequent …
Persistent link: https://www.econbiz.de/10012482443
emerged in many European countries after World War I. We demonstrate that economic policy uncertainty was instrumental in … pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …
Persistent link: https://www.econbiz.de/10012453095
Heightened counterparty risk during the recent financial crisis has raised questions about the role clearinghouses play in global financial stability. Empirical identification of the effect of centralized clearing on counterparty risk is challenging because of the co-incidence of macro-economic...
Persistent link: https://www.econbiz.de/10012458209
war. These challenges served to break down some of the barriers faced by underrepresented workers. Recent years have shown … compensated for the lack of white male workers during the war years; however, only WWII generated significant and more prolonged … socioeconomic progress for both groups. This chapter summarizes theoretical considerations that can explain why some war …
Persistent link: https://www.econbiz.de/10014421237
World War II was one of the most acute emergencies in U.S. history, and the first where the mobilization of science and … research effort to develop technologies and medical treatments that not only helped win the war, but also transformed civilian … World War II innovation model in other crises. In this essay we describe exactly how it worked. We do so first through a …
Persistent link: https://www.econbiz.de/10012482128
We study the intergenerational health consequences of forced displacement and incarceration of Japanese Americans in the US during WWII. Incarcerated mothers had babies who were less healthy at birth. This decrease in health represents a shift in the entire birthweight distribution due to...
Persistent link: https://www.econbiz.de/10014447313
to a resolution: World War II and the COVID-19 pandemic. After providing an overview of the main elements of each of … World War II effort and use these lessons to speculate on the potential long-run effects of the COVID-19 crisis on …
Persistent link: https://www.econbiz.de/10012585399