We analyze the impact of climate events on migration among a cohort of young adults residing in rural Madagascar. We … find a strong negative impact of drought on the decision of youth to migrate in the year after the adverse weather shock … cushion the blow of the shock on the resources required to finance migration. We also find that households that report more …

Climate change is an existential threat to the world economy like no other, with complex, evolving and nonlinear … dynamics that remain a source of great uncertainty. There is a bourgeoning literature on the economic impact of climate change …, but research on how climate change affects sovereign risks is limited. Building on our previous research focusing on the …