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The COVID-19 pandemic has threatened city economies and residents' public health and quality of life. Similar to most cities, Melbourne imposed extreme preventive lockdown measures to address this situation. It would be reasonable to assume that during the two phases of lockdowns, in autumn...
Persistent link: https://www.econbiz.de/10014513099
Urban heat islands (UHIs) are a global phenomenon. They are particularly evident in expansive urban centers such as Bangkok, Thailand's capital. Recent research has highlighted the escalation of temperatures and poor ventilation due to severe urbanization. Nevertheless, scant attention has been...
Persistent link: https://www.econbiz.de/10014517699
Utilizing survey data for firms from 40 countries, we explore the impact of extreme weather exposure on corporate … losses due to extreme weather events. These results persist after considering endogeneity concerns, including placebo tests … countries with superior climate protection and lower levels of carbon emissions. Furthermore, the effect of extreme weather …
Persistent link: https://www.econbiz.de/10015062470
This paper examines whether CEOs react to personal experience with global warming. Using a difference-in-differences setting, we find that CEOs’ exposure to abnormally hot temperature leads to a decrease in corporate carbon emissions intensity. Our results shed light on the role played by...
Persistent link: https://www.econbiz.de/10013210936
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We provide the first evidence that cumulative heat exposure inhibits cognitive skill development and that school air conditioning can mitigate this effect. Student fixed effects models using 10 million PSAT-takers show that hotter school days in the year prior to the test reduce learning, with...
Persistent link: https://www.econbiz.de/10014113846
We demonstrate that heat inhibits learning and that school air-conditioning may mitigate this effect. Student fixed effects models using 10 million PSAT-retakers show hotter school days in years before the test reduce scores, with extreme heat being particularly damaging. Weekend and summer...
Persistent link: https://www.econbiz.de/10012918063