We estimate the short-run effects of severe weather shocks on local economic activity and assess cross …-border spillovers operating through economic linkages between U.S. states. We measure weather shocks using a detailed county … weather shocks hitting individual regions. We also show that (i) taking into account economic interconnections between states …

Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have … countries, leaving rich countries basically unaffected. In this study, we make use of a detailed weather and economic dataset … regions to a climate shock is partially adapted in the long-run. …

droughts, floods and cyclones. We examine the impact of weather events on schooling and work among a cohort of teens and young … savings, and access to credit and insurance which limits their ability to cope with negative weather shocks. We observe both … contemporaneous and lagged effects of the weather shocks which are of a similar magnitude. …

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 … in both rich and poor countries; positively in cold countries and negatively in hot ones. Weather anomalies reduce …