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into macroeconomic climate-economy models. This paper proposes a joint empirical-structural approach to bridge this gap for … a stochastic growth model for 40 vulnerable countries and project welfare effects of climate-driven cyclone risk changes …
Persistent link: https://www.econbiz.de/10012480548
. Using within-county variation in weather, we estimate the effect of daily temperature on annual income in United States … usual" climate change projections indicates that warmer daily temperatures will lower annual growth by 0.06-0.16 percentage …
Persistent link: https://www.econbiz.de/10012457916
I formally relate the consequences of climate change to the time series variation in weather extensively explored by … recent empirical literature. I show that reduced-form fixed effects estimators can recover the effects of climate if agents … depend on actions taken in previous periods. I also show how to recover structural estimates of climate change impacts from …
Persistent link: https://www.econbiz.de/10012480661
Do people move as a result of temperature shocks? Documenting weather as a push factor for migration is crucial for … informing policy related to climate change and adaptation. This paper studies the impacts of high-temperature days on out … climate change …
Persistent link: https://www.econbiz.de/10012496168
influence economic outcomes. These studies focus on changes in weather realizations over time within a given spatial area and … credibly identify (i) the breadth of channels linking weather and the economy, (ii) heterogeneous treatment effects across … different types of locations, and (iii) non-linear effects of weather variables. This paper reviews the new literature with two …
Persistent link: https://www.econbiz.de/10012459083
This paper uses international trade data to examine the effects of climate shocks on economic activity. We examine …'s weather in that year. We find that a poor country being 1 degree Celsius warmer in a given year reduces the growth rate of …
Persistent link: https://www.econbiz.de/10012462941
historic data on weather, climate, economic activity and other variables. This has been an active area of research for several … long-run) estimated, the type of weather or climate variation used, and the pros and cons of the approach …This paper reviews methods that have been used to statistically measure the effect of climate on economic value, using …
Persistent link: https://www.econbiz.de/10012479492
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of humans to...
Persistent link: https://www.econbiz.de/10012480924
We use local projections to estimate the cross-country distribution of real GDP per capita growth impulse responses to global and idiosyncratic temperature shocks. Negative growth responses to global temperature at longer horizons are found for all Group of Seven countries while positive...
Persistent link: https://www.econbiz.de/10014322715
experienced earlier cooling. We interpret this as evidence that the adverse effects of climate change intensify with its duration …
Persistent link: https://www.econbiz.de/10012455647