Exchange Arrangements Entering the Twenty-First Century: Which Anchor will Hold?*Quarterly Journal of Economics - Tập 134 Số 2 - Trang 599-646 - 2019
Ethan Ilzetzki, Carmen Reinhart, Kenneth Rogoff
Abstract
This article provides a comprehensive history of anchor or reference currencies, exchange rate arrangements, and a new measure of foreign exchange restrictions for 194 countries and territories over 1946–2016. We find that the often cited post–Bretton Woods transition from fixed to flexible arrangements is overstated; regimes with limited fl...... hiện toàn bộ
Valuing the Global Mortality Consequences of Climate Change Accounting for Adaptation Costs and BenefitsQuarterly Journal of Economics - Tập 137 Số 4 - Trang 2037-2105 - 2022
Tamma Carleton, Amir Jina, Michael Delgado, Michael Greenstone, Trevor Houser, Solomon Hsiang, Andrew Hultgren, Robert E. Kopp, Kelly E. McCusker, Ishan Nath, James Rising, Ashwin Rode, Hee Kwon Seo, Arvid Viaene, Jiacan Yuan, Alice Tianbo Zhang
AbstractUsing 40 countries’ subnational data, we estimate age-specific mortality-temperature relationships and extrapolate them to countries without data today and into a future with climate change. We uncover a U-shaped relationship where extre6me cold and hot temperatures increase mortality rates, especially for the elderly. Critically, this relationship is flatt...... hiện toàn bộ
Competition and BiasQuarterly Journal of Economics - Tập 125 Số 4 - Trang 1683-1725 - 2010
Harrison Hong, Marcin Kacperczyk