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 …

There has been much discussion on climate change and its adverse effects on agriculture, including excessive loss of …, shocks in weather patterns affect farmers' expectations of farm yield and hence the decision to adopt farm inputs such as … this study, I explore the relationship between weather shocks and the intensity of inputs use at the plot level using large …

This paper assesses the impact of weather shocks on inflation components in the four largest euro area economies. We … combine high-frequency weather data with monthly data on inflation and output growth within a set of Bayesian Vector … Autoregressions which explicitly considers the seasonal dependence of the shock. Results suggest the presence of significant country …