Icemen were common in U.S. cities until refrigerators began to enter homes en masse. I study the long-run consequences of this technology shock for incumbent ice retailers and their descendants. I find that the general spread of electric …
Slow onset climate change has the potential to cause significant migration flows. Scientists have recently made considerable efforts to quantify these flows based on empirical methods. However, the literature on international migration has failed to …
Up until now, the concept of compression in single-or multivariate regressions has been limited to the common-frequency case. Having an application of macroeconomic forecasting in mind, one inevitably has to deal with variables sampled at various …