distribution, with associated costs for weather risk management and risk-averse decision-makers. These costs result purely from the …Key methodologies used for managing weather risks have relied on the assumption that climate is not changing and that … the historic weather record is therefore representative of current risks. Anthropogenic climate change upends this …

We survey the microeconomics literature that studies how firms in the developing world are adapting to extreme weather … infrastructure investments. We explore the strategic interactions between firms and governments that together determine firm risk …

an unusual weather pattern depend crucially on actuarial models for determining event (e.g., default) probabilities. In … how it affects rational investors' demand for event risk exposures. We show that while parameter uncertainty does indeed … argue that parameter uncertainty does not appear to be a satisfactory explanation for high event-risk returns …

and time-varying disaster risk with perturbation, Taylor projection, and Smolyak collocation. Our main finding is that …

We provide the planner's solution to a model where households learn from exogenous natural disaster arrivals about … since disaster leads to pessimistic arrival-rate beliefs and taxes or mandates to fund mitigation, which reduce consumption …

Recent studies have shown that disaster risk can generate asset return moments similar to those observed in the U ….S. data. However, these studies have ignored the cross-country asset pricing implications of the disaster risk model. This … paper shows that standard U.S.-based disaster risk model assumptions found in the literature lead to counterfactual …

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 …

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 …

Do people move as a result of temperature shocks? Documenting weather as a push factor for migration is crucial for …

This paper employs a stochastic frontier approach to examine how climate change and extreme weather affect U ….S. agricultural productivity using 1940-1970 historical weather data (mean and variation) as the norm. We have four major findings …. Fourth, we project potential impacts of climate change and extreme weather on U.S. regional productivity based on the …