作者：Fiszbein, Martin
作者单位：Boston University; National Bureau of Economic Research
摘要：This paper examines the role of agricultural diversity in the pro-cess of development. Using data from US counties and exploiting climate-induced variation in agricultural production patterns, I show that mid-nineteenth-century agricultural diversity had positive long-run effects on population density and income per capita. During the Second Industrial Revolution, agricultural diversity fostered industrialization, diversification within manufacturing, patent activity, formation of new labor sk...
作者：Busch, Christopher; Domeij, David; Guvenen, Fatih; Madera, Rocio
作者单位：University of Munich; Leibniz Association; Ifo Institut; Stockholm School of Economics; University of Minnesota System; University of Minnesota Twin Cities; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis; National Bureau of Economic Research; Southern Methodist University
摘要：We provide new evidence on business cycle fluctuations in skewed labor income risk in the United States, Germany, Sweden, and France. We document four results. First, in all countries, the skewness of individual income growth is strongly procyclical, whereas its variance is flat and acyclical. Second, this result also holds for continuously employed, full-time workers, indicating that the hours margin is not the main driver; additional analyses of hours and wages confirm that both margins are ...
