State formation through secession often requires two critical steps: building mass support for independence, and engaging in violent conflict against a state resisting territorial loss. Combining satellite data with archival sources, we statistically document how exposure to the 1970 Bhola...

This paper examines the impact of temperature on soccer team productivity using match-level data from ten countries across three continents. The results show that temperature affects multiple performance metrics, often in non-linear ways. Specifically, attacking efficiency is enhanced in warmer...

Wine is the most differentiated of all farm products, with much of the differentiation based on the location of production. In this paper, we estimate the effects of climate and vintage weather on California's varietal wine quality and prices. Our analysis is based on a sample of premium wines...

Mozambique is highly vulnerable to climate change. It faces frequent cyclones, floods, and droughts while having limited revenue collection capacity and social protection programmes. This paper assesses the distributional effects of climate shocks on household consumption and explores adaptation...

We establish the financial materiality of temperature variability by demonstrating its impact on US firms and investors. A long-short strategy that sorts firms based on exposure earns a market-adjusted alpha of 39 basis points per month. This variability metric is related to aggregate decreases...

Firms' perceived cost of green capital has decreased since the rise of sustainable investing. Green and brown firms perceived their cost of capital to be the same before 2016, but after the post-2016 surge in sustainable investing, green firms perceived their cost of capital to be on average 1...

This report provides an up-to-date overview of environment and climate in the Western Balkans (WB) highlighting existing gaps with respect to the EU acquis. The aim is to provide accurate and complete environmental information to monitor the progress in the accession process, as well as to...

The European continent is warming at more than twice the global average. The human and economic costs of higher temperature and more frequent and extreme natural disasters-already substantial in Europe-are expected to increase further unless suitable adaptation strategies are implemented. This...

To achieve the agreed goals of the Paris Climate Agreement, Ireland has taken significant steps through its ambitious climate legislation. While setting climate policies is paramount to ensure a transition to a low carbon economy, creating a better understanding of the future climate, the...

High temperatures can have a negative effect on workplace safety for a variety of reasons. Discomfort and reduced concentration caused by heat can lead to workers making mistakes and injuring themselves. Discomfort can also be an incentive for workers to report an injury that they would not have...

High temperatures can have a negative effect on workplace safety for a variety of reasons. Discomfort and reduced concentration caused by heat can lead to workers making mistakes and injuring themselves. Discomfort can also be an incentive for workers to report an injury that they would not have...

High temperatures can have a negative effect on workplace safety for a variety of reasons. Discomfort and reduced concentration caused by heat can lead to workers making mistakes and injuring themselves. Discomfort can also be an incentive for workers to report an injury that they would not have...

This study explores the link between daily weather conditions and individual engagement in physical activities within the context of the climate emergency. Using ATUS data from 2003-2022, alongside detailed daily-county weather data, the research investigates their correlations. Results...

This paper introduces the concept of "climate matching" as a driver of migration and establishes several new results. First, we show that climate strongly predicts the spatial distribution of immigrants in the US, both historically (1880) and more recently (2015), whereby movers select...

Impacts of climate change such as increased surface temperatures, changing precipitation patterns and prolonged draughts are becoming increasingly evident. People working on and with the land are most directly affected. To limit and manage those negative impacts, greenhouse gas (GHG) emissions...

The main objective of this study is to map climate and energy-related initiatives and assess their usefulness for the LRAs, as well as to provide recommendations for the LRAs on how to improve the functioning of the initiatives in order to make them more transparent, user-friendly and helpful...

We combine exogenous variation in temperature at the county-day level in the U.S. with daily time use data to examine the effect of temperature on joint time use. We show that low temperatures reduce time spent with friends but increase time spent with family. Conversely, high temperatures...

We combine exogenous variation in temperature at the county-day level in the U.S. with daily time use data to examine the effect of temperature on joint time use. We show that low temperatures reduce time spent with friends but increase time spent with family. Conversely, high temperatures...

Climate capitalists invest in green firms in order to lower these firms' cost of capital and thereby stimulate green investments. This "green investing" channel only works if green firms actually reduce their perceived cost of capital and discount rates in response to green investing. Using data...

Our work is positioned at the intersection of migration and climate change-two key forces shaping the economic outlook of many countries. The analysis explores: (i) the relative importance of origincountry vs destination-country factors in explaining migration patterns; (ii) importance of...

As livelihoods in Niger still depend to a large extent on agricultural production, shocks related to climate change and insecurity present a threat for the country's development path and are the main sources of vulnerability for the population in rural areas. This paper uses data from the latest...

We combine exogenous variation in temperature at the county-day level in the U.S. with daily time use data to examine the effect of temperature on joint time use. We show that low temperatures reduce time spent with friends but increase time spent with family. Conversely, high temperatures...

The latest generation of global climate models robustly projects that the summer monsoon rainfall in India will significantly increase in the 21st century due to global warming and that rainfall anomalies will occur more often. This raises the question of the impact of these changes on the...

In this paper, we combine administrative data for continental Spain from 2010 to 2018 with meteorological data to identify the effect of temperature on fertility. We demonstrate that warm (25-30°C) and hot days (30°C) decrease total fertility rate (TFR) in Spain, and that the estimated...

Although high-resolution gridded climate variables are provided by multiple sources, the need for country and region-specific climate data weighted by indicators of economic activity is becoming increasingly common in environmental and economic research. We process available information from...

In this paper, we explore the importance of accounting for climate when determining the impact of weather on product sales. Using a France-wide scanner panel dataset provided by our industry partner, we show that if climate is not accounted for, product categories may be misclassified as being...