Microdata Sample (PUMS) to value climate amenities using both methods. We compare estimates of marginal willingness to pay (MWTP …), allowing preferences for climate amenities to vary by location. We find that mean MWTP for warmer winters is about twice as …

This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research … undertaken to determine whether the coefficients describing the impact of climate variables are homogenous across these areas …. Evidence suggests that German households are compensated for climate amenities mainly through hedonic housing markets. Given …

Microdata Sample (PUMS) to value climate amenities using both methods. We compare estimates of marginal willingness to pay (MWTP …), first assuming homogeneous tastes for climate amenities and then allowing preferences for climate amenities to vary by …

attempts to reduce greenhouse gas emissions, few researchers have attempted to monetize the direct impact of climate change on … households. This study uses the hedonic technique to measure the amenity value of the climate to German households. Evidence … suggests that the amenity value of climate variables is capitalized mainly into hedonic house price differentials. Overall …