Using novel methodology and proprietary daily store-level sporting goods and apparel brand data, I find that, consistent with long-run adaptation to climate, sales sensitivity to weather declines with historical norms and variability of weather. Short-run adaptation to weather shocks is...

Consistent with long-run adaptation to climate, I find that weather sensitivity of daily store level sales decreases with increasing historical weather variability and norms at an apparel and sporting goods brand. I examine short-run adaptation to weather shocks using a machine learning based...

The COP-21 meeting in Paris produced an important result. For the first time all countries developed and developing agreed to take some mitigation action. However even if all countries deliver on what they have promised by 2030 and progress thereafter continues only at the same rate global...

It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...

Climate change has become a pressing issue that requires comprehensive and scientific understanding of its impact on the economy. Policymakers seek answers to the questions of how climate change affects economic growth, inflation, and the financial system. To design targeted policies, it is...

This case study is part of the CEPS project ‘Climate for Sustainable Growth', whose main objective is to analyse the impacts of climate change mitigation measures on the three pillars of sustainable development: the economic, environmental and social dimensions. It analyses food labeling via...

It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...

The upcoming Copenhagen conference on climate change has led to calls for the United States to adopt a climate change abatement program in advance. In an effort to minimize adverse effects on certain domestic industries from higher energy costs, however, proponents of a cap-and-trade program for...