Showing 1 - 10 of 1,491
We combine exogenous variation in temperature at the county-day level in the U.S. with daily time use data to examine … the effect of temperature on joint time use. We show that low temperatures reduce time spent with friends but increase … evidence of the effect of temperature on joint time use being location-dependent. We rationalize this finding using a model in …
Persistent link: https://www.econbiz.de/10014348099
A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
Persistent link: https://www.econbiz.de/10014081042
Finland introduced the planet's first carbon tax in 1990 to experiment with, to most economists, the best policy to reverse carbon emissions. I estimate the causal effect of taxing carbon on Finnish emissions using the Synthetic Control Approach. The results suggest that taxing carbon reduces...
Persistent link: https://www.econbiz.de/10013219618
Using Credit Default Swap spreads, we construct a forward-looking, market-implied carbon risk factor and show that carbon risk affects firms’ credit spread. The effect is larger for European than North American firms and varies substantially across industries, suggesting the market recognises...
Persistent link: https://www.econbiz.de/10014243102
. Parameterizing the model, we explore the impact of a worldwide temperature increase of 3êC. We find that the impact on disease …
Persistent link: https://www.econbiz.de/10010270544
of temperature on land values using a flexible specification of daily mean temperature to test if there are temperature … threshold effects. Results indicate that there are no temperature thresholds beyond which agricultural land values suddenly drop …
Persistent link: https://www.econbiz.de/10012892286
The increase in sea surface temperature (SST) is one of the primary consequences of climate change and has the …
Persistent link: https://www.econbiz.de/10012823563
I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth …: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I … test it on a sample of 160 countries over the period 1950-2014. Temperature and rainfall determine production possibilities …
Persistent link: https://www.econbiz.de/10013239329
Extreme weather events have significant adverse costs for individuals, firms, communities, regional, and national … emissions had changed the occurrence of specific extreme weather events, allows us to quantify the climate …-change-induced component of these costs. We use EEA to aggregate the global economic damage from extreme weather events that is attributable to …
Persistent link: https://www.econbiz.de/10014242787
Transport has significant externalities including carbon emissions and air pollution. Public health research has identified additional social gains from active travel, due to health benefits of physical exercise. Per mile, these benefits greatly exceed the external costs from car use. We...
Persistent link: https://www.econbiz.de/10013314801