Kim, Hee Soo; Matthes, Christian; Phan, Toan - 2021
We investigate the macroeconomic impacts of extreme weather shocks on the United States economy over the past sixty … years. To identify changes in extreme weather patterns, we use the Actuaries Climate Index, which tracks changes in extreme … of extreme weather shocks are negligible at the beginning of the sample, they become significant at the end, where an …