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By its emissions of greenhouse gases, economic activity is the source of climate change which affects pandemics that in turn can impact badly on economies. Across the three highly interacting disciplines in our title, time-series observations are measured at vastly different data frequencies:...
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The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario...
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Climate change is predicted to substantially alter forest growth. Optimally, forest owners should take these future changes into account when making rotation decisions today. However, the fundamental uncertainty surrounding climate change makes predicting these shifts hard. Hence, this paper...
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the US and develop a new approach for measuring the social value of forecast improvements. We find that pre …-landfall federal protective expenditures exponentially increase with the forecast wind speed and with the degree of uncertainty about … the forecast. Correspondingly, we find that forecast errors are costly: underestimating wind speed results in damages and …
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