While weather has been shown to affect financial markets and financial decision making, a still open question is the channel through which such influence is exerted. By employing a multiple price list method, this paper provides direct experimental evidence that sunshine and good weather promote...

Theoretical and empirical studies show that inclement weather on an election day reduces turnout, potentially swinging the results of the election. Psychology studies, however, show that weather affects individual mood, which -- in turn -- affects individual decision-making activity potentially...

Theoretical and empirical studies show that inclement weather on an election day reduces turnout, potentially swinging the results of the election. Psychology studies, however, show that weather affects individual mood, which -- in turn -- affects individual decision-making activity potentially...

This paper documents that seasonal temperatures have significant and systematic effects on the U.S. economy, both at the aggregate level and across a wide crosssection of economic sectors. This effect is particularly strong for the summer: an increase of 1°F in the average summer temperature is...