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This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research … what theory would predict. Throughout Germany house prices are higher in areas with higher January temperatures, lower July … temperatures and lower January precipitation. In East Germany wages are higher in areas with higher January precipitation. The full …
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This paper documents novel facts on within-occupation task and skill changes over the past two decades in Germany. In a …
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Firms selling products abroad usually have to interact with several border agencies that develop multiple trade regulations and oversee their compliance. These regulations establish the procedures that these firms have to follow and the documents that they have to obtain, fill in, and submit for...
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We examine transaction-level Peruvian import data to show that firms are subject to significant costs of port-of-entry delays. At the transaction level, we observe the time it takes a shipment to clear each step in the entry process. Our theory shows conditions under which observed entry times...
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