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"How inflation fears shaped American society, then and now. For most of its history, the United States has benefited from price stability-a steady relationship between supply and demand, characterized by prices that don't inflate or deflate in unpredictable fashion. Across these long stretches,...
Persistent link: https://www.econbiz.de/10014432540
censuses for Ghana, we test and find support for four predictions related to this hypothesis: (1) a recent, positive mining … the south of the country, (2) the effect of the mining output shock on output and productivity growth in other sectors … other sectors with respect to the change in employment in mining closely follows the regional patterns of intersectoral …
Persistent link: https://www.econbiz.de/10013332119
related to Bitcoin mining (mining shocks) and news affecting investor perception (news shocks), we first show that both types … of events have sizable and persistent effects on Bitcoin valuation and aggregate mining activity. We then rationalize our … restrictions in a structural VAR analysis. We confirm the model narrative and our initial findings that both news and mining shocks …
Persistent link: https://www.econbiz.de/10012860202
estimates the effect of copper price shocks on mining, manufacturing, and construction-each embodying a sector type. The … empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the … spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the …
Persistent link: https://www.econbiz.de/10012948525
This paper provides new evidence on how imperfectly competitive markets with excess capacity mitigate the adverse impact of supply shocks on prices. We study the potash market, which is controlled by a syndicate that assigns output quotas in proportion to production capacity of its members. This...
Persistent link: https://www.econbiz.de/10012929529
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that the effect is due to changes in employment opportunities created by the mining industry, affecting the opportunity …
Persistent link: https://www.econbiz.de/10012902670
Australia's comparatively small and open economy is subject to boom-bust shocks that centre on its exporting mining and …
Persistent link: https://www.econbiz.de/10013051555