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research agenda, as the identification of exogenous weather shocks is still an open issue. Using daily county-level data since …
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major Medicare reform created a derived demand shock to equipment manufacturers. Using a difference … conceptualizing firms’ pre-shock vertical scope as a representation of existing resources and governance choices, we explain that …
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In this paper, we use GARCH model framework to study the climate implications on stock returns and volatility in industries level. Estimation results suggest that temperature and rainfall decrease the mean stock returns nonsignificantly across most sectors. Furthermore, the climate variables...
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The question of how climate change and weather fluctuations affect the economy is high on the economic research agenda …
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Colombia is particularly affected by the El Niño Southern Oscillation (ENSO) weather fluctuations. In this context …, this study explores how adverse weather events linked to ENSO affect inflation expectations in Colombia and how to … inflation expectations - obtained from surveys and break-even inflation measures - are influenced by weather-related supply …
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