Global projections of macroeconomic climate-change damages typically consider impacts from average annual and national temperatures over long time horizons,,,,–. Here we use …
Earlier meta-analyses of the economic impact of climate change are updated with more data, with three new results:(1) The central estimate of the economic impact of global …
Does a permanent rise in temperature decrease the level or growth rate of GDP in affected countries? Differing answers to this question lead prominent estimates of climate damages …
Estimates of global economic damage from climate change assess the effect of annual temperature changes. However, the roles of precipitation, temperature variability and …
The El Niño–Southern Oscillation (ENSO) shapes extreme weather globally, causing myriad socioeconomic impacts, but whether economies recover from ENSO events and how …
G Casey, S Fried, E Goode - IMF Economic Review, 2023 - Springer
We use theory and empirics to distinguish between the impact of temperature on transition (temporary) and steady-state (permanent) growth in output per capita. Standard economic …
This paper employs a general equilibrium framework to analyze how temperature affects firm-level demand, productivity, and input allocative efficiency, informing aggregate …
Local weather shocks have been shown to affect local economic output, however, little is known about their propagation through production networks. Using a six-sector global …
RP Gregory - International Review of Economics & Finance, 2024 - Elsevier
Previous estimates of temperature shock risk premiums in the stock market have been biased by the use of the Fama-MacBeth estimator, the use of monthly portfolios, and the …