Professor Dolado has developed much of his professional career in three cities: Zaragoza, Oxford and Madrid. This fact, together with the recent appearance of literature relating climate with human behavior, has inspired us to analyze a set of relevant climate change issues linked to these...

Quantile factor models (QFM) represent a new class of factor models for high-dimensional panel data. Unlike approximate factor models (AFM), which only extract mean factors, QFM also allow unobserved factors to shift other relevant parts of the distributions of observables. We propose a quantile...