We use a dynamic panel Tobit model with heteroskedasticity to generate forecasts for a large cross‐section of short time series of censored observations. Our fully Bayesian approach allows us to flexibly estimate the cross‐sectional distribution of heterogeneous coefficients and then...

This paper surveys the recent literature exploring the causes of urban pollution in the developing world and the implications of such pollution for a city's competitiveness. Within a system of cities, cities compete for jobs and people. Those cities that specialize in heavy industrial activity...

How firms in the developing world adapt to changes in weather extremes will play a key role in determining their nation's economic growth. This survey of the recent microeconomics adaptation literature suggests that although firm competitiveness is negatively affected by weather events, firms...