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Colombia is particularly affected by the El Niño Southern Oscillation (ENSO) weather fluctuations. In this context …, this study explores how the adverse weather events linked to ENSO affect the inflation expectations in Colombia and how to … the inflation expectations obtained from surveys and break-even inflation measures are affected by weather supply shocks …
Persistent link: https://www.econbiz.de/10013349354
How does subjective well-being depend on the fate of others when a covariate shock strikes? In this paper, we address … this question by providing novel evidence on the impact of shock-induced damages experienced by individuals and their …-5 years after the event occurred. The negative shock impact is amplified by observing peers doing economically worse …
Persistent link: https://www.econbiz.de/10013335989
Global warming is changing precipitation patterns, harming communities strongly tied to agricultural production, particularly in low-and-middle income countries (LMICs). Whilst the long-term effects of being exposed to rainfall shocks early in life on school achievement tests are...
Persistent link: https://www.econbiz.de/10013545819
This paper assesses the impact of weather shocks on inflation components in the four largest euro area economies. We … combine high-frequency weather data with monthly data on inflation and output growth within a set of Bayesian Vector … Autoregressions which explicitly considers the seasonal dependence of the shock. Results suggest the presence of significant country …
Persistent link: https://www.econbiz.de/10014278607
In this paper, we investigate the impact of adverse weather shocks on Colombian economic activity, with a particular … that adverse weather shocks, such as those related to the El Niño event in 2015-2016, lead to decreases in agricultural … by weather shocks, allowing us to incorporate this empirical evidence into a structural model for Colombia. …
Persistent link: https://www.econbiz.de/10014368424
This paper assesses the impact of weather shocks on inflation components in the four largest euro area economies. We … combine high-frequency weather data with monthly data on inflation and output growth within a set of Bayesian Vector Autore …-gressions which explicitly considers the seasonal dependence of the shock. Results suggest the presence of significant country …
Persistent link: https://www.econbiz.de/10014355983
We estimate the effect of weather shocks on yield of corn, durum wheat, and grapevine using two-way fixed effect models …
Persistent link: https://www.econbiz.de/10014348405
The question of how climate change and weather fluctuations affect the economy is high on the economic research agenda …
Persistent link: https://www.econbiz.de/10014354391
's time between domestic activities and school attendance. Households affected by an unanticipated rainfall shock face an … natural disaster aid mitigate or eliminate the shock-induced shift toward domestic activities and away from schooling. …
Persistent link: https://www.econbiz.de/10014457812
labor markets act as a transmission mechanism of the negative effects of weather shocks on agricultural workers, who react …
Persistent link: https://www.econbiz.de/10014496279