This paper evaluates the potential for global reallocation between agricultural and non- agricultural production to contribute to climate change adaptation. Empirical estimates using …
Empirical analyses of climatic event impacts on growth, while critical for policy, have been slow to be incorporated into macroeconomic climate-economy models. This paper proposes …
IM Opper, RJ Park, L Husted - Nature human behaviour, 2023 - nature.com
Although natural disasters are commonplace, they leave in their wake an enormous amount of damage. The physical damage they cause is immediately apparent, but less obvious is …
This article reviews a rapidly growing literature on how climatic risks and events affect public finances around the world. This literature includes empirical evaluations of how past climatic …
HS Kim, C Matthes, T Phan - Available at SSRN 3918533, 2021 - papers.ssrn.com
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 …
S Fried - The Review of Economic Studies, 2022 - academic.oup.com
Can we reduce the damage from climate change by investing in seawalls, stilts, or other forms of adaptation? Focusing on the case of severe storms in the US, I develop a macro …
JT Bradt, JE Aldy - Unpublished Manuscript, July, 2023 - aeaweb.org
A changing climate will cause more intense and frequent flooding across the United States, resulting in major losses of life and property. As these risks intensify, governments will …
L Barrage - Economic Working Paper Series, 2023 - research-collection.ethz.ch
This paper explores the fiscal impacts of climate change and their policy implications for the United States. I develop and empirically quantify a climate-macroeconomic model where …