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I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the Netherlands and the German Socio-Economic Panel. Instrumenting individual happiness with regional sunshine, the results suggest that happier people save more, spend less, and...
Persistent link: https://www.econbiz.de/10014203824
costs. Using attendance data from Major League Baseball (MLB) and NOAA weather data, we analyze the impact of variation in … game day weather conditions on current and future MLB attendance. The empirical strategy permits identification of both the … formation and persistence of habit from exogenous weather shocks. Past adverse weather shocks increase future attendance by …
Persistent link: https://www.econbiz.de/10012950303
; this correlation is a clear feature of the data. Using daily rain precipitation from thousands of weather stations in U …
Persistent link: https://www.econbiz.de/10012952072
-purchase decision for both brands affected by the crisis …
Persistent link: https://www.econbiz.de/10014026606
the impact of the weather on purchasing decisions. We find that the choice to purchase a convertible, a 4-wheel drive, or … a vehicle that is black in color is highly dependent on the weather at the time of purchase in a way that is …
Persistent link: https://www.econbiz.de/10013104057
While the large cost of extreme temperature on production is well documented, little is known about its impact on consumption, a prevailing measure of welfare. Using high-frequency micro shopping data from U.S. households, we report that deviating from mild temperature negatively affects weekly...
Persistent link: https://www.econbiz.de/10014239342
-resolution gridded weather data with a rich longitudinal household survey. Our results show that a one-standard-deviation increase in the … specifications, alternative definitions of rising temperature, and alternative weather datasets …
Persistent link: https://www.econbiz.de/10014345469
-resolution gridded weather data with a rich longitudinal household survey. Our results show that a one-standard-deviation increase in the … alternative weather datasets …
Persistent link: https://www.econbiz.de/10014345819
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