Q Li, H Shan, Y Tang, V Yao - The Review of Financial Studies, 2024 - academic.oup.com
This paper conducts a textual analysis of earnings call transcripts to quantify climate risk exposure at the firm level. We construct dictionaries that measure physical and transition …
Effective action on resilience and climate change adaptation can be a complex task— requiring coordinated efforts from the highest levels of government to individual households …
We study the dynamic responses of local economies after natural disasters in the US using county-level data over the past four decades. We find disasters increase income total and …
This paper evaluates the potential for global reallocation between agricultural and non- agricultural production to contribute to climate change adaptation. Empirical estimates using …
We use machine learning algorithms to construct a novel news-based index of US environmental and climate policy uncertainty (EnvPU) available on a monthly basis over the …
S Ferreira - Annual Review of Resource Economics, 2024 - annualreviews.org
This article reviews the literature on the economic impacts of disasters caused by extreme weather and climate events to draw lessons on how societies can better manage these risks …
M Catalano, L Forni, E Pezzolla - Resource and Energy Economics, 2020 - Elsevier
Climate change and natural disasters have important consequences on fiscal sustainability, especially for developing countries with limited financial resources and underdeveloped …
Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone …
We evaluate how anticipation and adaptation shape the aggregate and local costs of climate change. We develop a dynamic spatial model of the US economy and its 3,143 counties that …