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This paper proposes a new Economic Drought Management Index (EDMI) that could assist water managers to inter … various scenarios of climate change, and for a 8-year real period, which includes three consecutive drought years. Results … show that the region's vulnerability to drought could be reduced following the interpretation of the EDMIs. EDMIs under …
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to confront highly variable rainfall patterns. In this paper, we derive and propose an economic drought management index … (EDMI) to evaluate water institutions' performance to cope with drought risk. The EDMI is based on the optimal conditions of …
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This paper shows that outsourcing of parts of the workforce in unionized firms leads to wage moderation and as long as the share of the outsourced workforce is not too large, this wage-moderation effect on domestic employment outweighs the direct substitution effect so that domestic employment...
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