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intertemporal substitution. Over four weeks, a one-standard deviation one-day weather shock shifts sales by about 10 percent. While …, consistent with long-run adaptation to climate, sales sensitivity to weather declines with historical norms and variability of … weather. Short-run adaptation to weather shocks is dominated by changes in what people buy and how they buy it, with little …
Persistent link: https://www.econbiz.de/10012182107
In this paper, we examine the relationship between temperature and human conception rates and project the impacts of climate change by the mid-twenty-first century. Using complete administrative data on 6.8 million pregnancies between 1980 and 2015 in Hungary, we show that exposure to hot...
Persistent link: https://www.econbiz.de/10012212843
Previous research has found that unusually hot temperature in a given month reduces birth rates 8-10 months later. We examine one of the potential mechanisms behind this relationship. Using three waves of the Hungarian Time Use Survey we analyze the relationship between ambient temperature and...
Persistent link: https://www.econbiz.de/10011757570
I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the Netherlands and the German Socio-Economic Panel. Instrumenting individual happiness with regional sunshine, the results suggest that happier people save more, spend less, and...
Persistent link: https://www.econbiz.de/10011635835
We examine the impact of temperature shocks and climate change on household financial behaviour in Viet Nam. To do so, we first estimate the effect of temperature on household borrowing and savings using Vietnamese longitudinal data that matches satellite reanalysis temperature data with...
Persistent link: https://www.econbiz.de/10014314662
This study explores the link between daily weather conditions and individual engagement in physical activities within … the context of the climate emergency. Using ATUS data from 2003-2022, alongside detailed daily-county weather data, the … physical activity across varying weather conditions amid the ongoing climate emergency. …
Persistent link: https://www.econbiz.de/10014469963
We leverage U.S. county-day temperature variation combined with daily time use data to examine the effect of temperature on the timing of work. We find that warmer (colder) temperatures increase (decrease) working time during the night and decrease (increase) working time in the morning. These...
Persistent link: https://www.econbiz.de/10014390529
We leverage U.S. county-day temperature variation combined with daily time use data to examine the effect of temperature on the timing of work. We find that warmer (colder) temperatures increase (decrease) working time during the night and decrease (increase) working time in the morning. These...
Persistent link: https://www.econbiz.de/10014382937
, little research has been conducted to understand the fiscal impact of weather, especially at the sub-state level. Using data … results show that weather has statistically significant and economically meaningful effects on local government spending. A 1 … expenditures. Some government functions, such as public works and general government, are affected more by weather than others. The …
Persistent link: https://www.econbiz.de/10013468229
An often-heard argument is that South Africa's very high crime rate is the main reason for the country's small share of … business ownership. Combining a fixed-effects model with an instrumental variable approach, we estimate the effect of crime on … previous studies, which focus on perceived rather than actual crime and often deal with geographically limited areas, we do not …
Persistent link: https://www.econbiz.de/10011531955