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In this paper, we exploit exogenous variation in navigability of the Rhine river to analyze the impact of weather … weather events for business cycle analysis and contributes to gauging the costs of extreme weather events in advanced …
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research agenda, as the identification of exogenous weather shocks is still an open issue. Using daily county-level data since …
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The question of how climate change and weather fluctuations affect the economy is high on the economic research agenda …
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While recurring and regular variations of weather conditions are implicitly addressed by standard seasonal adjustment … procedures of economic time series, extraordinary weather outcomes are not. We analyze their impact on German total industrial … and construction-sector production and find modest but significant effects. The estimated effects of weather deviations …
Persistent link: https://www.econbiz.de/10011484064
While recurring and regular variations of weather conditions are implicitly addressed by standard seasonal adjustment … procedures of economic time series, extraordinary weather outcomes are not. We propose a way of measuring aggregate abnormal … weather conditions based on available local measurements and a straightforward regression-based framework to analyze their …
Persistent link: https://www.econbiz.de/10011614063
factors (fossil fuel prices, economic activity, weather) affect the EUA price remained partially unresolved. Today, being … prices, economic activity, and weather variations. Fuel prices allow to test for fuel switching from coal to gas, the most … of gas, coal, and oil prices, of economic activity and of some weather variations. When including the relative price of …
Persistent link: https://www.econbiz.de/10008660570