I formally relate the consequences of climate change to the time series variation in weather extensively explored by … reduced-form weather regressions. Applying this new method, I find that an additional 2°C of global warming would reduce …

both short-run weather and long-run climate. Exploiting the longitudinal structure of the NLSY79 and random fluctuations in … weather across interviews, we identify the effect of temperature in models with child-specific fixed effects. We find that … from short run weather shocks …

prediction in an original data set of whether ethnic groups around the world traditionally prayed for rain. We find that prayer …

fluctuations in heat exposure within cities. The results demonstrate that exposure to extremely hot weather during pregnancy … extreme weather generates health and economic costs …

(investible) are repriced according to the difference in the covariance of their returns with the local and world market. An … investible firm whose return covariance with the local market exceeds that with the world market by 0.01 will experience a firm … no significant relationship to differences in local and world covariances. These findings suggest that the CAPM has …

government's role in promoting risk sharing. Benefits for each retired person may be tied to that person's lifetime income …

This paper considers the meaning of domestic and international systemic risk. It examines scenarios that have been … adduced as creating systemic risk both within countries and among them. It distinguishes between the concepts of real and … pseudo-systemic risk. We examine the history of episodes commonly viewed either as financial crises or as evidencing systemic …