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Excessive heat and cold weather waves may affect economic activity through energy markets. Yet, if a clear distinction …
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a structural vector auto-regression model suggests that a negative weather shock leads to persistently low GDP and …We constructed an Actuary Climate Index to measure extreme weather risks in China. Analyzing macroeconomic data through … of weather shocks on firm level loans were statistically and practically significant. Further analysis suggests that …
Persistent link: https://www.econbiz.de/10014357085
a structural vector auto-regression model suggests that a negative weather shock leads to persistently low GDP and …We constructed an Actuary Climate Index to measure extreme weather risks in China. Analyzing macroeconomic data through … of weather shocks on firm level loans were statistically and practically significant. Further analysis suggests that …
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In this paper, we exploit exogenous variation in navigability of the Rhine river to analyze the impact of weather … weather events for business cycle analysis and contributes to gauging the costs of extreme weather events in advanced … economies. Furthermore, we provide a specific example for an idiosyncratic supply shock to a small sector that amplifies to an …
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