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We exploit variation in the composition of local fish catches around the time of birth using administrative and census … the causal effects of early-life consumption of methylmercury (MeHg) and DHA, elements contained in fish, on cognitive … development. Using an IV strategy based on an equilibrium model of fish supply that exploits time-series variation in oceanic SST …
Persistent link: https://www.econbiz.de/10012481914
We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …
Persistent link: https://www.econbiz.de/10012463630
estimates of average derivatives in a simultaneous equations model. These ideas are illustrated using data from the Fulton Fish … market in New York City to estimate an average elasticity of wholesale demand for fresh fish. The weighting function …
Persistent link: https://www.econbiz.de/10012473812
Human beings' domination of the planet has not been kind to many species worldwide. This is to be expected. Humans have radically altered natural landscapes, harvested heavily from the ocean, and altered the climate in an unprecedented way. Recent concerns over the extent and rate of...
Persistent link: https://www.econbiz.de/10014447273
Persistent link: https://www.econbiz.de/10000051725
"We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...
Persistent link: https://www.econbiz.de/10011395038
This paper is a brief evaluation of the Eurosystem's monetary-policy regime after its first year, in particular of the extent to which it is similar to inflation targeting as practiced by an increasing number of central banks. I examine the Eurosystem's goals, framework for monetary-policy...
Persistent link: https://www.econbiz.de/10012470926
This paper applies a full-information technique to test for the presence of contagion across the money markets of ERM member countries. We show that whenever it is possible to estimate a model for interdependence, a test for contagion based on a full information technique is more powerful. We...
Persistent link: https://www.econbiz.de/10012470953
The premise of the paper is that the fervor for foreign exchange market intervention by U.S, and European monetary authorities has ebbed in recent years. A pattern of initial belief in the effectiveness of foreign exchange market intervention has recently been eroded, as is revealed by the...
Persistent link: https://www.econbiz.de/10012470999
A growing body of new research has emphasized the macroeconomic consequences of transactional impediments in factor markets, and their role in the recurrent restructuring requirements of modern economies. We first review the function institutional arrangements play in facilitating transactions...
Persistent link: https://www.econbiz.de/10012471041