Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this externality. The airline industry's capital stock can be easily...

This chapter surveys recent literature examining the relationship between environmental amenities and urban growth. In this survey, we focus on the role of both exogenous attributes such as climate and coastal access and endogenous attributes such as local air pollution and green space. A city's...

We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labour productivity is affected by country-specific climate variables. defined as deviations of temperature and precipitation from their historical norms. Using a panel...

The geographical location of economic activity within the United States has important implications for carbon mitigation. If households clustered in California's cities rather than in more humid southern cities such as Memphis and Houston, then the average household carbon footprint would be...