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The Economic Growth Impact of Hurricanes: Evidence from US Coastal Counties
Strobl, Eric - Institute for the Study of Labor (IZA) - 2008
We estimate the impact of hurricane strikes on local economic growth rates and how this is reflected in more aggregate growth patterns. To this end we assemble a panel data set of US coastal counties’ growth rates and construct a hurricane destruction index that is based on a monetary loss...
Persistent link: https://www.econbiz.de/10005703220
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The re-building effect of hurricanes: evidence from employment in the US construction industry
Strobl, Eric; Walsh, Frank A. - 2008
labour demand framework. Our results show that destruction due to hurricanes causes on average an increase in country level …
Persistent link: https://www.econbiz.de/10010277116
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Family values and the regulation of labor
Alesina, Alberto; Algan, Yann; Cahuc, Pierre; Giuliano, … - 2010
Flexible labor markets require geographically mobile workers to be efficient. Otherwise, firms can take advantage of the immobility of workers and extract monopsony rents. In cultures with strong family ties, moving away from home is costly. Thus, individuals with strong family ties rationally...
Persistent link: https://www.econbiz.de/10010269386
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What Drives the Speed of Job Reallocation During Episodes of Massive Adjustment?
Terrell, Katherine; Jurajda, Štepán - 2002
This paper uses individual-level data to characterize economy-wide job creation and destruction during periods of massive structural adjustment. We contrast the gradualist Czech and the rapid Estonian approach to the destruction of the communist economy to provide evidence on selected...
Persistent link: https://www.econbiz.de/10010274315
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Family Values and the Regulation of Labor
Alesina, Alberto; Algan, Yann; Cahuc, Pierre; Giuliano, … - Institute for the Study of Labor (IZA) - 2010
Flexible labor markets require geographically mobile workers to be efficient. Otherwise, firms can take advantage of the immobility of workers and extract monopsony rents. In cultures with strong family ties, moving away from home is costly. Thus, individuals with strong family ties rationally...
Persistent link: https://www.econbiz.de/10008522420
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Seemingly Irrelevant Events Affect Economic Perceptions and Expectations: The FIFA World Cup 2006 as a Natural Experiment
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2006
Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct evidence...
Persistent link: https://www.econbiz.de/10005703189
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Telecommunications Dynamics, Output and Employment
Jungmittag, Andre; Welfens, Paul J.J. - Institute for the Study of Labor (IZA) - 2006
In EU countries, opening up of telecommunications markets and regulations have helped to reduce the price of digital services which is an important quasi-input factor in all firms. Integrating the use of telecommunications in a macroeconomic production function is the analytical starting point...
Persistent link: https://www.econbiz.de/10005233868
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What Drives the Speed of Job Reallocation During Episodes of Massive Adjustment?
Jurajda, Stepán; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2002
This paper uses individual-level data to characterize economy-wide job creation and destruction during periods of massive structural adjustment. We contrast the gradualist Czech and the rapid Estonian approach to the destruction of the communist economy to provide evidence on selected...
Persistent link: https://www.econbiz.de/10005566548
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The fertility effect of catastrophe: US hurricane births
Evans, Richard W.; Hu, Yingyao; Zhao, Zhong - 2007
For years, anecdotal evidence has suggested increased fertility rates resulting from catastrophic events in an area. In this paper, we measure this fertility effect using storm advisory data and fertility data for the Atlantic and Gulf Coast counties of the United States. We find that...
Persistent link: https://www.econbiz.de/10010268238
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How disasters affect local labor markets: the effects of hurricanes in Florida
Belasen, Ariel R.; Polachek, Solomon W. - 2007
) econometric approach that identifies the effects of shocks resulting from hurricanes. Based on the Quarterly Census of Employment … counties; however, this is coupled with a slower growth rate in employment. Powerful hurricanes have greater effects than their …. Although focus is on hurricanes in Florida, this GDD technique is applicable to a wider range of exogenous shocks. …
Persistent link: https://www.econbiz.de/10010268260