Showing 1 - 10 of 119
We use two waves of census data with detailed farm characteristics for the total population of Austrian farms to examine the causal effect of agritourism on farm survival. To account for self-selection into agritourism, we use regional variation in tourism intensity that is exogenous to...
Persistent link: https://www.econbiz.de/10014517483
Nonfarm activities generate on average about 60 percent of rural households' incomes in the Himalayas. This paper analyzes the determinants of participation in nonfarm activities and of nonfarm incomes across rural households. A unique data set collected in the Himalayan region of India allows...
Persistent link: https://www.econbiz.de/10011807611
explanatory variable in the analysis of migration. Although correlated with other variables that are routinely used in …
Persistent link: https://www.econbiz.de/10005870559
This paper studies the asset pricing implications of a general equi-librium model in which real investment is reversible at a cost. Firmsface higher costs in contracting than in expanding their capital stockand decide to invest when their productive capital is scarce relativeto the overall...
Persistent link: https://www.econbiz.de/10009022140
The aim of this paper is to explain why cross-sectional estimated migration correlations displayed in the academic and … a model with stochastic migration in which the parameters of interest, that are migration correlations, are precisely … defined. The impossibility of estimating consistently the migration correlations from cross-sectional data only is emphasized …
Persistent link: https://www.econbiz.de/10005858516
The financial crisis and the rescue measures taken by governments and central banks increased investors' interest in liquidity and in real assets supposed to offer a hedge against inflation. Against this background, we investigate empirically four real assets (real estate, commodities,...
Persistent link: https://www.econbiz.de/10010302755
We classify a large sample of banks according to the geographic diversification of their international syndicated loan … source of funding, while foreign banks with little diversification are the most fickle. Our findings suggest that the decline …
Persistent link: https://www.econbiz.de/10011969199
We classify a large sample of banks according to the geographic diversification of their international syndicated loan … source of funding, while foreign banks with little diversification are the most fickle. Our findings suggest that the decline …
Persistent link: https://www.econbiz.de/10011993816
) exports diversification, and (iii) capital goods imports. Using the episodes identified by Libman et al. (2019), we document … systematically related to changes in sophistication, complexity and diversification of exports, at least for the available sample of …
Persistent link: https://www.econbiz.de/10012606444
excluding the GSCI Agriculture and Livestock outperforms conventional stock-bond portfolios with and without the overall GSCI …
Persistent link: https://www.econbiz.de/10012662703