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Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...
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unbalanced panel of 78 countries using annual data between 1990 to 2022. We estimate a panel vector autoregression (VAR) model to …. Moreover, we perform extensive robustness checks to account for panel heterogeneity by splitting the sample based on …
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