This paper investigates the relationship between climate change, macroeconomic variables and indigenous livestock production in Nigeria over the period 1981-2023 using fractional integration and multivariate regression methods. More specifically, it examines how temperature and precipitation...

Less or more rain, forever pain? This paper examines the long-run and intergenerational effects of early-life exposure to droughts and wet shocks on human capital outcomes over the life course. Combining a unique three-decade longitudinal survey of pregnant mothers in Metropolitan Cebu, the...

This study assesses the role of institutional quality, macroeconomic performance, and environmental pressures in shaping food security in East Asia. Using a PMG-ARDL panel model with data from China, Singapore, and Japan-three economies characterized by high institutional standards-the analysis...

This paper presents a method for estimating treatment effects of local climate shocks when regions trade with each other. Because trade creates spillovers, comparing the change in outcomes of regions with different exposure to shocks leads to biased estimates. We model these between-region...

Climate change has emerged as one of the defining risks in recent years. These risks are associated with economic losses and, ultimately, the stability of the financial system. This study examines the impact of climate change on financial stability in Namibia using quarterly data spanning from...

Gender-based violence (GBV) remains a critical threat to women's safety and equality worldwide, yet the role of climate and environmental stressors in shaping violence against women remains underexplored, particularly in developed countries. This study identifies the causal impact of shortrun...

This study examines the long-term impact of childhood exposure to Glacier Lake Outburst Floods (GLOFs) on adult human capital outcomes in the High Mountain Asia (HMA) region. Using historical GLOF data and geospatial mapping of downstream flood pathways, we identify treatment and control groups...

This paper reviews research across economics, political economy, political science, and public policy to investigate how institutions shape the adoption, implementation, and durability of climate policies. We examine how formal institutions (i) coordinate implementation capacity, (ii) anchor...

Climate change is reshaping the economic environment in which households make decisions, generating diverse adaptive responses and increasing demand for data that can guide effective policy. Yet current measurement efforts remain fragmented, reflecting two central gaps: the lack of systematic...

Carbon dioxide removal (CDR) is considered essential for climate change mitigation, yet its optimal role in climate policy remains unclear in the presence of non-permanent storage, en-ergy constraints, and fossil fuel scarcity. We integrate CDR into an analytic integrated assess-ment model to...

This paper examines the role of insurance in mitigating the adverse macroeconomic effects of climate-related catastrophes. We first develop a stylised theoretical growth model which incorporates a role for natural catastrophes, climate change and insurance. This illustrates how insurance can...

Seasonal allergies affect over 400 million people globally, yet the broader economic consequences of pollen exposure remain understudied. Evidence from Japan's ambulance records suggests that high-pollen days are associated with increases in accidents, including traffic accidents and...

This paper reviews research across economics, political economy, political science, and public policy to investigate how institutions shape the adoption, implementation, and durability of climate policies. We examine how formal institutions (i) coordinate implementation capacity, (ii) anchor...

Carbon dioxide removal (CDR) is considered essential for climate change mitigation, yet its optimal role in climate policy remains unclear in the presence of non-permanent storage, energy constraints, and fossil fuel scarcity. We integrate CDR into an analytic integrated assessment model to...

Public acceptance has influenced the evolution of carbon capture and storage (CCS) in Europe. To study the mechanisms behind this, we use evolutionary game theory where the governmental policy towards CCS, such as subsidies to the industry, is dependent on public acceptance. Public acceptance...

We characterize optimal climate policy in an economy with heterogeneous households and non-homothetic preferences. We focus on constrained efficiency, where the planner is restricted from transferring resources across households. We derive three results. First, the constrained-optimal carbon tax...

This study examines the interplay between extreme temperatures and air pollution risks, the geographic and temporal distribution, as well as the population burden of climate shocks in Bangladesh, Indonesia, Pakistan, Thailand, and Viet Nam-countries severely impacted by climate change. Using...

We provide causal evidence that the economic framing of a structural policy changes households' macroeconomic expectations. In a randomized survey experiment in the Bundesbank Online Panel of Households, all participants first read an identical neutral primer about climate policy measures and...

This paper examines the impact of floods on regional import dynamics in South Africa. Floods can disrupt firms' production activities and thereby hinder their participation in import markets. At the same time, firms may increase imports to compensate for disruptions in domestic supply networks....

This study examines how climate-related physical and transition risks affect credit risk. We develop a modular framework based on a threshold model for credit migrations, linking the latent credit cycle to key economic indicators to measure credit risk in corporate bond markets. Using historical...

Climate change is one of the most pressing challenges of this century. This is more so for developing and least-developed countries, which have limited means of adaptation and a high proportion of vulnerable populations. We empirically study the interconnection between climate and...

We examine provincial heterogeneity in the Philippines by integrating climate, macroeconomic, and fiscal indicators within a unified framework. Moving beyond regression-based approaches, it applies k-means clustering to identify natural groupings of provinces based on combined...

This paper examines the growing impacts of climate change in the US homeowner's insurance industry. As climate change-driven weather extremes and natural disasters have accelerated in their frequency and severity, they have inflicted increasingly more residential property damage and destruction,...

In today's world, climate change has become a global predicament. The implications for financial sector activities have given rise to ample literature on the climate change and banking system stability nexus in developing economies. However, there still remain important knowledge gaps pertaining...

This work presents a modified version of the integrated economic-climate model RICECH₄. The aim of the work was to expand the basic RICE model by explicitly accounting for methane (CH₄) emissions along with traditional carbon dioxide (CO₂) emissions, as well as the subsequent analysis of...

ubsidizing fossil fuel consumption is at odds with climate change mitigation and a heavy burden on public budgets. Yet, efforts to reform such subsidies often face strong public opposition. We examine whether informing citizens about the effects of fossil fuel subsidy reform (FFSR) and...

The social cost of carbon (SCC) isthe central concept of benefit-cost analysis in climate economics. The SCC provides guidance on the urgency of climate policy as it expresses the present value of expected future damages associated with the emission of one additional ton of CO2. This paper...

The social cost of carbon (SCC) is the central concept of benefit-cost analysis in climate economics. The SCC provides guidance on the urgency of climate policy as it expresses the present value of expected future damages associated with the emission of one additional ton of CO₂. This paper...

We examine how individuals update their views on climate change when exposed to competing advocacy or skeptical signals on social media. In a representative survey experiment of 1,633 adults in Italy, respondents were randomly assigned to one of three conditions: (1) exposure to climate-advocacy...