. We reject the null hypothesis of time-constant weather shock coefficients for roughly one-third of sample counties and … model coefficients, which may not hold in practice. We investigate the assumption of spatio-temporal stability of weather …

We estimate the short-run effects of severe weather shocks on local economic activity and assess cross …-border spillovers operating through economic linkages between U.S. states. We measure weather shocks using a detailed county … weather shocks hitting individual regions. We also show that (i) taking into account economic interconnections between states …

crops (wheat, maize, and rice) in up to eight countries (India, China, Egypt, Thailand, Ecuador, Uruguay, the United States …