Economic activity during extreme events
Abstract Although extreme weather events, natural disasters or infrastructure failures potentially have important economic effects, quantifying these effects over small areas and fine time intervals has been difficult because of the fairly coarse scales available in most data sources. This paper surveys the use of relatively new and finely grained data
John W. Galbraith
wiley +1 more source
CEO Pay Differences Between US and Non‐US Firms: A New Longitudinal Investigation
ABSTRACT Research Question/Issue Public and academic debates typically portray US CEOs as exceptionally well paid. Yet, evidence on the existence and magnitude of a US CEO pay premium is mixed and dated. This study uses an expanded, longitudinal dataset to identify whether such a pay premium exists and explores potential differences across countries ...
Ruiyuan (Ryan) Chen +3 more
wiley +1 more source
Tests of Equilibrium Macroeconomics Using Contemporaneous Monetary Data [PDF]
This paper uses contemporaneous monetary data to carry out econometric tests of the "equilibrium" approach to modeling the relation between monetary disturbances and macroeconomic fluctuations.
Herschel I. Grossman, John F. Boschen
core
Race‐related research in economics
Abstract Issues of racial justice and economic inequalities between racial and ethnic groups have risen to the top of public debate. Economists' ability to contribute to these debates is based on the body of race‐related research. We study the volume and content of race‐related research in economics.
Arun Advani +4 more
wiley +1 more source
Assessing the impact of government healthcare expenditure and life expectancy on economic growth in Saudi Arabia: an econometric time-series study (2000-2023). [PDF]
Alghannam R, Alharbi A.
europepmc +1 more source
Macroeconomic impacts of the reform of public services in Uruguay - A CGE analysis [PDF]
This paper investigates the macroeconomic impacts of the reform of public services in Uruguay. A computable general equilibrium (CGE) model is used to simulate different policy scenarios, analyzing the reforms of the regulatory framework of public ...
Alvaro Forteza +3 more
core
Adaptive expectations and reaction to information
Abstract This paper develops a model combining adaptive expectations with noisy signals, and derives three coefficients and one impulse response function (IRF): the Coibion–Gorodnichenko (CG) coefficient capturing consensus under‐reaction to information, the Bordalo–Gennaioli–Ma–Shleifer coefficient capturing individual over‐reaction, the Kohlhas ...
Junyi Liao
wiley +1 more source
Assessing the Macroeconomic Determinants of International Tourist Arrival in India: An ARDL Bounds Testing Approach. [PDF]
Singh AK +7 more
europepmc +1 more source
News shocks, consumer confidence and business cycles
Abstract We study the causal effects of consumer sentiment shocks on macroeconomic aggregates. By constructing a novel instrument based on major non‐economic news shocks in the USA over 1969–2022, and opinion polls around these events, we identify exogenous changes in consumer confidence.
Syed M. Hussain, Zara Liaqat
wiley +1 more source
Economy-wide impact of a reduction in tobacco use in India. [PDF]
John RM +6 more
europepmc +1 more source

