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Displaying results 1 to 23 of 23.

  1. Estimating the consequences of climate change from variation in weather
    Published: November 2018
    Publisher:  Department of Economics, University of Arizona, Tucson, AZ

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    Language: English
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    Series: University of Arizona working paper ; 18, 09
    Subjects: climate; weather; information; forecasts; expectations; adjustment; adaptation
    Scope: 1 Online-Ressource (circa 78 Seiten), Illustrationen
  2. The impact of weather forecasts on ski demand
    Published: [2023]
    Publisher:  Universität Bern, CRED Center for Regional Economic Development, Bern

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    Series: CRED research paper ; no. 43
    Subjects: activity choice; skiing demand; weather; weather forecasts; forecast errors
    Scope: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  3. The impact of weather on local government spending
    Author: Zhao, Bo
    Published: [2022]
    Publisher:  [Federal Reserve Bank of Boston], [Boston]

    While there is a new and rapidly growing literature on the effects of climatic factors on economic and social outcomes, little research has been conducted to understand the fiscal impact of weather, especially at the sub-state level. Using data from... more

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    While there is a new and rapidly growing literature on the effects of climatic factors on economic and social outcomes, little research has been conducted to understand the fiscal impact of weather, especially at the sub-state level. Using data from Massachusetts municipalities from 1990 through 2019, this paper estimates government spending as a function of temperature and precipitation while controlling for municipality and year fixed effects and municipality-specific time trends. The results show that weather has statistically significant and economically meaningful effects on local government spending. A 1 degree Fahrenheit increase in the average temperature results in a 3.2 percent increase in real per capita total general fund expenditures. Some government functions, such as public works and general government, are affected more by weather than others. The impact of weather may be persistent and heterogeneous across municipalities. There is some evidence that municipalities adapt to rising temperatures over time.

     

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    hdl: 10419/280841
    Edition: This version: September 2022
    Series: Working papers / Federal Reserve Bank of Boston ; no. 22, 22
    Subjects: weather; climate; local government spending
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  4. Temperature and the timing of work
    Published: September 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We leverage U.S. county-day temperature variation combined with daily time use data to examine the effect of temperature on the timing of work. We find that warmer (colder) temperatures increase (decrease) working time during the night and decrease... more

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    We leverage U.S. county-day temperature variation combined with daily time use data to examine the effect of temperature on the timing of work. We find that warmer (colder) temperatures increase (decrease) working time during the night and decrease (increase) working time in the morning. These effects are pronounced among workers with increased bargaining power, flexible work schedules, greater exposure to ambient temperature while at work, and fewer family-related constraints. Workers compensate for the shifts in the timing of work triggered by temperature fluctuations by adjusting their sleep time, without changing the timing of leisure and home production activities.

     

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    hdl: 10419/282607
    Series: Discussion paper series / IZA ; no. 16480
    Subjects: weather; time use; work schedule; labor supply; non-market activities; sleep
    Scope: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  5. Temperature and the timing of work
    Published: September 2023
    Publisher:  CESifo, Munich, Germany

    We leverage U.S. county-day temperature variation combined with daily time use data to examine the effect of temperature on the timing of work. We find that warmer (colder) temperatures increase (decrease) working time during the night and decrease... more

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    We leverage U.S. county-day temperature variation combined with daily time use data to examine the effect of temperature on the timing of work. We find that warmer (colder) temperatures increase (decrease) working time during the night and decrease (increase) working time in the morning. These effects are pronounced among workers with increased bargaining power, flexible work schedules, greater exposure to ambient temperature while at work, and fewer family-related constraints. Workers compensate for the shifts in the timing of work triggered by temperature fluctuations by adjusting their sleep time, without changing the timing of leisure and home production activities.

     

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    hdl: 10419/282369
    Series: CESifo working papers ; 10681 (2023)
    Subjects: weather; time use; work schedule; labor supply; non-market activities; sleep
    Scope: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  6. Minimum wages and unemployment during economic shocks
    Published: October 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This paper studies whether a minimum wage changes how labour markets respond to economic shocks. Using data from South Africa, we show that an agricultural minimum wage leads to higher mean wages with no significant impacts on mean employment.... more

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    This paper studies whether a minimum wage changes how labour markets respond to economic shocks. Using data from South Africa, we show that an agricultural minimum wage leads to higher mean wages with no significant impacts on mean employment. However, these positive aggregate outcomes hide important heterogeneity: the imposition of the minimumwage leads to substantial declines in employment - especially overall hours - in the sector in the wake of negative weather-related economic shocks, which typically exert downward pressure on wages. The increased variance of employment across years in the post-law period suggests caution in interpreting the overall welfare impacts of minimum wage laws.

     

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    hdl: 10419/282634
    Series: Discussion paper series / IZA ; no. 16507
    Subjects: minimum wage; agriculture; shocks; weather; South Africa
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  7. Gas consumption in Europe during the winter of 2022-23
    Published: December 2023
    Publisher:  European Bank for Reconstruction and Development, [London, United Kingdom]

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    Series: Working paper / European Bank for Reconstruction and Development ; no. 284
    Subjects: price shock; energy; economic growth; weather; industry
    Scope: 1 Online-Ressource (circa 15 Seiten), Illustrationen
  8. Clouded judgment: the role of sentiment in credit origination
    Published: January 2016
    Publisher:  Federal Reserve Bank of Cleveland, [Cleveland, OH]

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    Series: Working paper / Federal Reserve Bank of Cleveland ; 16, 01
    Subjects: behavioral finance; managerial biases; mood; sentiment; weather
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  9. Sellin' in the rain: weather, climate, and retail sales
    Published: 2022
    Publisher:  Federal Reserve Bank of San Francisco, [San Francisco, CA]

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    Series: Working papers series / Federal Reserve Bank of San Francisco ; 2022, 02 (January 2022)
    Subjects: adaptation; climate change; weather; machine learning; retail; sales
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  10. It's always sunny in politics
    Published: [2022]
    Publisher:  Georgetown University, Department of Economics, Washington, DC

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    Series: Working papers / Georgetown University, Department of Economics ; 22, 02
    Subjects: U.S. presidential elections; rainfall; weather; electoral outcomes; turnout; mood; voter choice; risk aversion; sunshine
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  11. Weather and crime
    cautious evidence from South Africa
    Published: 2022
    Publisher:  RWI - Leibniz-Institut für Wirtschaftsforschung, Essen, Germany

    South Africa has one of the highest crime rates in the world. This paper examines the effect of weather shocks on various types of crime. Using a 12-year panel data set at monthly resolution on the police ward level, we observe a short-term effect of... more

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    South Africa has one of the highest crime rates in the world. This paper examines the effect of weather shocks on various types of crime. Using a 12-year panel data set at monthly resolution on the police ward level, we observe a short-term effect of temperatures on violent crime, supporting the heat-aggression link suggested by psychological research. Furthermore, we find evidence for a subtle medium-term effect of weather on crime via droughts and agricultural income, which is in line with the economic theory of crime. Yet, we also emphasize often neglected but well-documented limitations to the interpretability of weather data and weather-induced mechanisms. Recognizing these limitations, we conclude with a cautious interpretation of our findings to inform police deployment strategies.

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9783969731017
    Other identifier:
    hdl: 10419/250077
    Series: Ruhr economic papers ; #940
    Subjects: South Africa; weather; crime; income shocks
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  12. Weather conditions and daily commuting
    Published: October 2022
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Climate change and global warming are problems that currently affect the daily lives of the world population and, to the extent that climate projections are less than optimistic, understanding how individuals respond to extreme weather conditions is... more

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    Climate change and global warming are problems that currently affect the daily lives of the world population and, to the extent that climate projections are less than optimistic, understanding how individuals respond to extreme weather conditions is essential for the correct design of public policies. One of the human behaviors that can be most affected by extreme weather conditions is that of personal travel, including commuting, an activity that is done daily by millions of workers worldwide. Within this framework, we estimate the effects of weather conditions on daily commuting and travel choices, by examining daily variations in weather conditions within counties in the US. To that end, we use time­use diary information from the American Time Use Survey 2003-2019 and daily weather information at the county level for a sample of US workers, finding significant relationships between daily weather conditions, commuting time, and travel choices. Rainy days, high temperatures, and snowfall are associated with a statistically significant lower proportion of commuting time done by public transit and walking, whereas the relationship is found to be positive for the proportion of commuting time by car. With additional analysis, we find that the greatest substitution from greener modes of transport towards the private car is concentrated on days with greater precipitation and higher temperatures. Finally, our results suggest adaptation to higher temperatures in warmer places.

     

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    hdl: 10419/267398
    Series: Discussion paper series / IZA ; no. 15661
    Subjects: weather; commuting; green mobility; workers; American Time Use Survey
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  13. It's good weather for more government
    the effect of weather on fiscal policy
    Published: [2022]
    Publisher:  Federal Reserve Bank of Chicago, [Chicago, Illinois]

    I show that the weather condition on election day affects future fiscal policy. When it rains during state elections, there is an increase in the relative income of voters, which is followed by an increase in expenditure and debt. The increase in... more

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    I show that the weather condition on election day affects future fiscal policy. When it rains during state elections, there is an increase in the relative income of voters, which is followed by an increase in expenditure and debt. The increase in expenditure is directed towards a larger police and safety budget. This result is compatible with a model of complementarity between consumption and public goods. In the model, high-income voters support an increase in safety budget because they benefit more from it than low-income voters.

     

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    hdl: 10419/272808
    Series: [Working paper] / Federal Reserve Bank of Chicago ; WP 2022, 48 (October 5, 2022)
    Subjects: public goods; government size; fiscal policy; weather
    Scope: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  14. Climate change and economic prosperity
    evidence from a flexible damage function
    Published: [2022]
    Publisher:  University of Nottingham, GEP, [Nottingham]

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    Language: English
    Media type: Book
    Format: Online
    Edition: This version: September 20, 2022
    Series: Array ; research paper 2022, 6
    Subjects: emperature; weather; climate change; economic development; economic growth
    Scope: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  15. Climate risks and FDI
    Published: 30 January 2023
    Publisher:  Centre for Economic Policy Research, London

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    Series: Array ; DP17857
    Subjects: climate change; weather; climate policy; emission productivity; foreign direct invest-men
    Scope: 1 Online-Ressource (circa 98 Seiten), Illustrationen
  16. Weather-related house damage and subjective wellbeing
    Published: [2021]
    Publisher:  Department of Economics and Finance, School of Business, University of Canterbury, Christchurch, New Zealand

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    Series: Working paper / Department of Economics and Finance, School of Business and Economics, University of Canterbury ; no. 2021, 6
    Subjects: climate change; subjective wellbeing; weather; disasters
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  17. Transhumant pastoralism, climate change and conflict in Africa
    Published: 4 May 2021
    Publisher:  BREAD, the Bureau for Research and Economic Analysis of Development, [Cambridge, Massachusetts]

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    Series: BREAD working paper ; no. 588
    Subjects: Transhumant pastoralism; sedentary agriculture; seasonalmigration; conflict; weather
    Scope: 1 Online-Ressource (circa 82 Seiten), Illustrationen
  18. Transhumant pastoralism, climate change and conflict in Africa
    Published: May 2020
    Publisher:  Economic Research Southern Africa, [Cape Town]

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    Series: ERSA working paper ; 860
    Subjects: Transhumant pastoralism; sedentary agriculture; seasonal migration; conflict; weather
    Scope: 1 Online-Ressource (circa 83 Seiten), Illustrationen
  19. Weather, mobility and the evolution of the Covid-19 pandemic
    Published: 2021
    Publisher:  Banco de España, Madrid

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    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 2109
    Subjects: pandemic; Covid-19; coronavirus; temperature; weather; mobility; panel data
    Scope: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  20. Climatic shocks, air quality, and health at birth in Bogotá
    Published: [2021]
    Publisher:  Paris School of Economics, Paris

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    Series: Working paper / Paris School of Economics ; no 2021, 60
    Subjects: Climate change; Health; ENSO Index; El Niño; La Niña; weather; Pollution; Bogotá
    Scope: 1 Online-Ressource (circa 91 Seiten), Illustrationen
  21. Weather conditions and physical activity
    insights for climate emergency policies
    Published: [2024]
    Publisher:  Global Labor Organization (GLO), Essen

    This study explores the link between daily weather conditions and individual engagement in physical activities within the context of the climate emergency. Using ATUS data from 2003-2022, alongside detailed daily-county weather data, the research... more

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    This study explores the link between daily weather conditions and individual engagement in physical activities within the context of the climate emergency. Using ATUS data from 2003-2022, alongside detailed daily-county weather data, the research investigates their correlations. Results highlight a significant positive relationship between extreme high temperatures and heightened participation in physical activities, coupled with increased time dedicated to such pursuits. Surprisingly, individuals in warmer regions exhibit no adaptation to higher temperatures, contradicting initial assumptions. Furthermore, this study discerns sustained effects over a week, with additional hot days positively impacting physical activity within the preceding seven days. These findings hold crucial implications, shedding light on voluntary responses to global warming. They provide essential insights for formulating effective mitigation and adaptive policies aimed at promoting physical activity across varying weather conditions amid the ongoing climate emergency.

     

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    hdl: 10419/281670
    Series: GLO discussion paper ; no. 1385
    Subjects: Physical activity; weather; extreme temperatures; health; time use; ATUS
    Scope: 1 Online-Ressource (circa 31 Seiten)
  22. Raising awareness of climate change
    nature, activists, politicians?
    Published: January 2024
    Publisher:  CESifo, Munich, Germany

    This paper evaluates the relative importance of natural and human factors in shaping public awareness of climate change. I compare the predictive efficacy of natural factors, represented by air temperature deviations from historical norms, and human... more

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    This paper evaluates the relative importance of natural and human factors in shaping public awareness of climate change. I compare the predictive efficacy of natural factors, represented by air temperature deviations from historical norms, and human factors, encompassing noteworthy political events focused on environmental policies and movements led by environmental activists, in forecasting the salience of climate change topic over weekly and annual horizons using regional European countries' data. The salience of climate change is proxied by the Google search intensity data. The activists' movements are measured by weekly Friday for Future strikes. The best-performing predictor in the short term (weeks), is the size of activists' strikes and in the longer term (years), positive deviations of maximum air temperature from historical norms and political meetings focused on environmental policies. The inter-regional spatial relations, when taken into account, significantly improve the forecasts of the future public interest in climate change.

     

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    hdl: 10419/295996
    Series: CESifo working papers ; 10907 (2024)
    Subjects: climate change; activists’ strikes; political meetings; weather
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  23. Temperature, climate change, and household financial behaviour
    evidence from Viet Nam
    Published: July 2023
    Publisher:  United Nations University World Institute for Development Economics Research, Helsinki, Finland

    We examine the impact of temperature shocks and climate change on household financial behaviour in Viet Nam. To do so, we first estimate the effect of temperature on household borrowing and savings using Vietnamese longitudinal data that matches... more

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    We examine the impact of temperature shocks and climate change on household financial behaviour in Viet Nam. To do so, we first estimate the effect of temperature on household borrowing and savings using Vietnamese longitudinal data that matches satellite reanalysis temperature data with household information over the period 2008 to 2016. We find that an additional day with an average temperature of greater than 30°C, relative to the number of days in the 18-22°C range, is associated with a 6.3 per cent decrease in household savings and a 1.4 per cent increase in household borrowing. In the case of household savings, we find that the effects of temperature shocks are more pronounced on informal savings than formal savings. Further, total agricultural production and rice production are mechanisms through which temperature shocks influence household savings and borrowing. Specifically, by reducing the level of agricultural production, (hot) temperature shocks decrease household savings and increase household borrowing. Our estimates suggest that over the next century, under the conventional trajectory in which countervailing measures are not adopted to address climate change, climate change will be responsible for an additional 0.124 standard deviation decrease in household savings and a 0.102 standard deviation increase in household debt.

     

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    Media type: Ebook
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    ISBN: 9789292674038
    Other identifier:
    hdl: 10419/283791
    Series: WIDER working paper ; 2023, 95
    Subjects: temperature; weather; climate change; savings; borrowing; Viet Nam
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen