Showing 1 - 10 of 1,598
selves have different tastes for time alone, time with family, and time with friends. Weather conditions can change the … empirically by drawing on methods from the household economics literature. The test results support the hypothesis that weather …
Persistent link: https://www.econbiz.de/10014348099
Using Credit Default Swap spreads, we construct a forward-looking, market-implied carbon risk factor and show that carbon risk affects firms’ credit spread. The effect is larger for European than North American firms and varies substantially across industries, suggesting the market recognises...
Persistent link: https://www.econbiz.de/10014243102
We estimate a Ricardian model of Western European agricultural land values using farm-level data. We model the effect of temperature on land values using a flexible specification of daily mean temperature to test if there are temperature threshold effects. Results indicate that there are no...
Persistent link: https://www.econbiz.de/10012892286
I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth …: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I … in both rich and poor countries; positively in cold countries and negatively in hot ones. Weather anomalies reduce …
Persistent link: https://www.econbiz.de/10013239329
weather on migration. This effect is driven by the role of trust in increasing adaptive capacity. However, for severe …
Persistent link: https://www.econbiz.de/10012823562
The increase in sea surface temperature (SST) is one of the primary consequences of climate change and has the potential to impact tuna fisheries. This paper theoretically models and then applies the production function approach to establish a positive but non-linear relationship between catch...
Persistent link: https://www.econbiz.de/10012823563
Extreme weather events have significant adverse costs for individuals, firms, communities, regional, and national … emissions had changed the occurrence of specific extreme weather events, allows us to quantify the climate …-change-induced component of these costs. We use EEA to aggregate the global economic damage from extreme weather events that is attributable to …
Persistent link: https://www.econbiz.de/10014242787
.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long …
Persistent link: https://www.econbiz.de/10013306954
vulnerable than richer ones. A meta-analysis of the impact of weather shocks reveals that studies, which relate economic growth … implied by studies of the impact of climate change is close to the growth impact estimated as a function of weather shocks …
Persistent link: https://www.econbiz.de/10014077186
A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
Persistent link: https://www.econbiz.de/10014081042