How does subjective well-being depend on the fate of others when a covariate shock strikes? In this paper, we address … this question by providing novel evidence on the impact of shock-induced damages experienced by individuals and their … analysis builds on a detailed household panel survey, which we complement with aggregated climate data and historic livestock …

This paper adds to the scarce empirical evidence related to the impact of climate change on the manufacturing sector … climate projections, direct emissions would decrease by about 12% by the end of the century due to rising temperatures under a …

fuels. In this work, we propose to explore the fundamentals of energy offer and the relationship with climate change, taking …

-agricultural households in Sub-Saharan Africa. We show that, similar to the effect of positive local weather shocks, the effect of a locally … around one third of the net effect of positive local weather shocks. Unlike positive weather shocks, which mostly facilitate …