Climate finance

S Giglio, B Kelly, J Stroebel - Annual review of financial …, 2021 - annualreviews.org
In this article, we review the literature studying interactions between climate change and
financial markets. We first discuss various approaches to incorporating climate risk in …

[HTML][HTML] Improving the evidence base: A methodological review of the quantitative climate migration literature

R Hoffmann, B Šedová, K Vinke - Global Environmental Change, 2021 - Elsevier
The question whether and how climatic factors influence human migration has gained both
academic and public interest in the past years. Based on two meta-analyses, this paper …

Response and adaptation of agriculture to climate change: Evidence from China

S Chen, B Gong - Journal of Development Economics, 2021 - Elsevier
This article aims to identify the mechanism of how climate change affects agriculture through
various channels and the mechanism of longer-run adaptation. Using a county-panel …

Quantifying economic damages from climate change

M Auffhammer - Journal of Economic Perspectives, 2018 - aeaweb.org
Climate scientists have spent billions of dollars and eons of supercomputer time studying
how increased concentrations of greenhouse gases and changes in the reflectivity of the …

Estimating economic damage from climate change in the United States

S Hsiang, R Kopp, A Jina, J Rising, M Delgado… - Science, 2017 - science.org
Estimates of climate change damage are central to the design of climate policies. Here, we
develop a flexible architecture for computing damages that integrates climate science …

Disaster on the horizon: The price effect of sea level rise

A Bernstein, MT Gustafson, R Lewis - Journal of financial economics, 2019 - Elsevier
Homes exposed to sea level rise (SLR) sell for approximately 7% less than observably
equivalent unexposed properties equidistant from the beach. This discount has grown over …

Valuing the global mortality consequences of climate change accounting for adaptation costs and benefits

T Carleton, A Jina, M Delgado… - … Quarterly Journal of …, 2022 - academic.oup.com
Using 40 countries' subnational data, we estimate age-specific mortality-temperature
relationships and extrapolate them to countries without data today and into a future with …

Climate risks and market efficiency

H Hong, FW Li, J Xu - Journal of econometrics, 2019 - Elsevier
Climate science finds that the trend towards higher global temperatures exacerbates the
risks of droughts. We investigate whether the prices of food stocks efficiently discount these …

The economic geography of global warming

JL Cruz, E Rossi-Hansberg - Review of Economic Studies, 2024 - academic.oup.com
Global warming is a worldwide and protracted phenomenon with heterogeneous local
economic effects. We propose a dynamic economic assessment model of the world …

Climate econometrics

S Hsiang - Annual Review of Resource Economics, 2016 - annualreviews.org
Identifying the effect of climate on societies is central to understanding historical economic
development, designing modern policies that react to climatic events, and managing future …