This paper examines the macro-financial effects of alternative adaptation strategies in response to exogenous shocks in labor productivity caused by climate change. Using a Stock-Flow-Consistent Agent-Based model calibrated to U.S. data, we analyze two main scenarios: (i) a change in the conduct...

This paper examines the macro-financial effects of alternative adaptation strategies in response to exogenous shocks in labor productivity caused by climate change. Using a Stock-Flow-Consistent Agent-Based model calibrated to U.S. data, we analyze two main scenarios: (i) a change in the conduct...

Asia's development trajectory has important implications for achieving the globally agreed climate goal of limiting global warming to well below 2○C. The Sixth Assessment Report of the Intergovernmental Panel on Climate Change incorporated an ambitious effort to compile and compare thousands...