We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...

US shale gas production is generally expected to continue its fast rise. However, a cautious evaluation is needed. Shale gas resource estimates are potentially overoptimistic and it is uncertain to which extent they can be produced economically. Moreover, the adverse environmental effects of...

In light of increased economic integration and global warming, addressing critical issues such as the role of multilateral climate policies and the strategic interaction of countries in climate negotiations becomes paramount. We thus established for this paper an open economy environmental...

The present work focused on estimating the cross-correlation between the time series of agricultural production variables and the variables of the Space Weather Wolf Number (W) in the United States, in both cases the annual averages were processed. The Fast Fourier Transform (FFT) methodology...

In light of increased economic integration and global warming, addressing critical issues such as the role of multilateral climate policies and the strategic interaction of countries in climate negotiations becomes paramount. We thus established for this paper an open economy environmental...

This paper investigates the periodicity of the adult height of Swedish soldiers of the 18th and 19th centuries using spectral analysis. The height data are left truncated due to the enforcement of minimum height requirement. Hence, we use a truncated regression model using maximum likelihood...

The opportunistic political cycle's theories argued that the incumbent raises the visible expenses in the election time. The paper presents an alternative case that the public planning cycle impedes the incumbent to hike these expenditures. As a short-cut, the incumbent prefers to increase the...

The answer is that people's evaluations of their income situation are based on different considerations when the economy is expanding and when it is contracting. When, in the course of economic growth, incomes generally are rising, evaluations tend to be dominated by "social comparison" - what...

Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28.2 billion in lost private sector economic activity and $4 billion in tax revenue not generated. In 2012, over a fifth of Los Angeles County's labor force was unemployed or...

The most concrete characteristic of a recession is that demand disappears for some of the commodities produced by workers and unwanted unemployment is imposed on a large segment of the labor force. With growing job losses in the current recession it is important to know, whose boat falls when...