Results 1 to 10 of about 84,943 (45)

Economic Impact of Climate Change

open access: yesSocial Science Research Network, 2022
We estimate the economic impact of climate change by exploiting variation in local temperature across suppliers of the same client. We find that suppliers experiencing a 1°C increase in average daily temperature decrease their sales by 2%.
Cláudia Custódio   +3 more
semanticscholar   +1 more source

Tariff Pass-Through at the Border and at the Store: Evidence from US Trade Policy

open access: yesAmerican Economic Review: Insights, 2019
We use microdata collected at the border and the store to characterize the price impact of recent US trade policy on importers, exporters, and consumers. At the border, import tariff pass-through is much higher than exchange rate pass-through.
Alberto Cavallo   +5 more
semanticscholar   +1 more source

Foreign Competition and Domestic Innovation: Evidence from US Patents

open access: yesAmerican Economic Review: Insights, 2020
Manufacturing accounts for more than three-quarters of US corporate patents. The competitive shock to this sector emanating from China’s economic ascent could in theory either augment or stifle US innovation.
David H. Autor   +4 more
semanticscholar   +1 more source

Estimating the Optimal Inflation Target from Trends in Relative Prices

open access: yesSocial Science Research Network, 2023
We derive closed-form expressions for the optimal inflation target under Calvo and menu-cost frictions in a model featuring a product life cycle and multiple sources of heterogeneity across goods.
Klaus Adam, H. Weber
semanticscholar   +1 more source

Are Consumers Myopic? Evidence from New and Used Car Purchases

open access: yes, 2013
We investigate whether car buyers are myopic about future fuel costs. We estimate the effect of gasoline prices on short-run equilibrium prices of cars of different fuel economies.
Meghan R. Busse   +2 more
semanticscholar   +1 more source

Raising the Bar: Certification Thresholds and Market Outcomes

open access: yesAmerican Economic Journal: Microeconomics, 2023
Certification of sellers by trusted third parties helps alleviate information asymmetries in markets, yet little is known about the impact of a certification’s threshold on market outcomes.
Xiang Hui   +3 more
semanticscholar   +1 more source

Privatization and productivity in China

open access: yesThe Rand Journal of Economics, 2021
We study how changes in ownership a¤ect the productivity of …rms. Privatization of state-owned enterprises (SOEs) was a major economic reform during China’s rapid growth, but its true impact remains controversial.
Yuyu Chen   +3 more
semanticscholar   +1 more source

Industry Specialization and Small Business Lending

open access: yesJournal of Banking & Finance, 2023
This paper documents the rise and impact of industry-specialized small business lending. Using loan-level data with detailed industry codes from the Small Business Administration (SBA), we document a recent rise in lenders that originate loans nationally
Wenhua Di, Nathaniel Pattison
semanticscholar   +1 more source

Expecting Floods: Firm Entry, Employment, and Aggregate Implications

open access: yesSocial Science Research Network, 2022
Using county-level and zip-code-level data from the United States during the period 1998–2018, we document: (i) Increased flood risk has a large negative impact on firm entry, employment, and output in the long run; (ii) Flood events reduce output in the
Ruixue Jia, Xiao Ma, V. Xie
semanticscholar   +1 more source

100 Years of Rising Corporate Concentration

open access: yesThe American Economic Review
We collect data on the size distribution of US businesses for 100 years, and use these data to estimate the concentration of production (e.g., asset share or sales share of top businesses). The data show that concentration has increased persistently over
S. Kwon, Yueran Ma, Kaspar Zimmermann
semanticscholar   +1 more source

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