We explore the design of climate stress tests to assess and manage macro-prudential risks from climate change in the … financial sector. We review the climate stress scenarios currently employed by regulators, highlighting the need to (i) consider … many transition risks as dynamic policy choices; (ii) better understand and incorporate feedback loops between climate …

to carbon risk when market-wide concern about climate change risk is elevated. Finally, lenders expect that adjustments …

agriculture is likely to be smooth …

There is limited public discourse and understanding about the history and science of weather and climate intervention …, climate-related geoengineering is steadily gaining support as a means of combatting rising global temperatures. With climate … climate intervention with the aim of answering the question: Why aren’t more economists interested in evaluating weather and …

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 … variability. The climate effect is larger that the weather effect …