综合经济学
The temperature targets in the Paris Agreement cannot be met without very rapid reduction of greenhouse gas emissions and removal of carbon dioxide from the atmosphere. The latter requires large, perhaps prohibitively large subsidies. The…
Reductions in the cost of genetic sequencing have enabled the construction of large datasets including both genetic and phenotypic data. Based on these datasets, polygenic scores (PGSs) summarizing an individual's genetic propensity for…
In this paper we study the so-called minimum income condition order, which is used in some day-ahead electricity power exchanges to represent the production-related costs of generating units. This order belongs to the family of complex…
We provide novel systematic cross-country evidence that the link between domestic labour markets and CPI inflation has weakened considerably in advanced economies during recent decades. The central estimate is that the short-run…
We analyse the drivers of European Power Exchange (EPEX) wholesale electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors…
This paper empirically examines the impact of enterprise digital transformation on the level of enterprise diversification. It is found that the digital transformation of enterprises has significantly improved the level of enterprise…
Earlier meta-analyses of the economic impact of climate change are updated with more data, with three new results: (1) The central estimate of the economic impact of global warming is always negative. (2) The confidence interval about the…
The empirical evidence suggests that key accumulation decisions and risky choices associated with economic development depend, at least in part, on economic preferences such as willingness to take risk and patience. This paper studies…
We propose an empirical method to analyze data from first-price procurements where bidders are asymmetric in their risk-aversion (CRRA) coefficients and distributions of private costs. Our Bayesian approach evaluates the likelihood by…
Governments have implemented school closures and online learning as one of the main tools to reduce the spread of Covid-19. Despite the potential benefits in terms of reduction of cases, the educational costs of these policies may be…
We examine the allocation of a limited pool of matching funds to public good projects using Quadratic Funding. In particular, we consider a variation of the Capital Constrained Quadratic Funding (CQF) mechanism proposed by Buterin, Hitzig…
In this paper, we derive an algorithmic fairness metric from the fairness notion of equal opportunity for equally qualified candidates for recommendation algorithms commonly used by two-sided marketplaces. We borrow from the economic…
Using a unique dataset containing gridded data on population densities, rents, housing sizes, and transportation in 192 cities worldwide, we investigate the empirical relevance of the monocentric standard urban model (SUM). Overall, the SUM…
This paper constructs a global economic policy uncertainty index through the principal component analysis of the economic policy uncertainty indices for twenty primary economies around the world. We find that the PCA-based global economic…
We study the evolution of interest about climate change between different actors of the population, and how the interest of those actors affect one another. We first document the evolution individually, and then provide a model of cross…
Complex agricultural problems concern many countries, as the economic motives are increasingly higher, and at the same time the consequences from the irrational resources use and emissions are becoming more evident. In this work we study…
Determination of price of an artwork is a fundamental problem in cultural economics. In this work we investigate what impact visual characteristics of a painting have on its price. We construct a number of visual features measuring…
Se repasa brevemente la historia y las finanzas islandesas de manera diacr\'onica. Se presenta a Islandia como basti\'on del estallido de la crisis financiera internacional que comienza a gestarse a principios del siglo XXI y cuyo origen se…
To study the causes of the 2021 Great Resignation, we use text analysis to investigate the changes in work- and quit-related posts between 2018 and 2021 on Reddit. We find that the Reddit discourse evolution resembles the dynamics of the…
Occasional social assistance prevents individuals from a range of social ills, particularly unemployment and poverty. It remains unclear, however, how and to what extent continued reliance on social assistance leads to individuals becoming…