Climate change economics over time and space
K Desmet, E Rossi-Hansberg - Annual Review of Economics, 2024 - annualreviews.org
With average temperature ranging from− 20° C at the North Pole to 30° C at the Equator and
with global warming expected to reach 1.4° C to 4.5° C by the year 2100, it is clear that …
with global warming expected to reach 1.4° C to 4.5° C by the year 2100, it is clear that …
Integrated perspective on translating biophysical to economic impacts of climate change
Estimates of climate change's economic impacts vary widely, depending on the applied
methodology. This uncertainty is a barrier for policymakers seeking to quantify the benefits of …
methodology. This uncertainty is a barrier for policymakers seeking to quantify the benefits of …
Global pricing of carbon‐transition risk
P Bolton, M Kacperczyk - The Journal of Finance, 2023 - Wiley Online Library
The energy transition away from fossil fuels exposes companies to carbon‐transition risk.
Estimating the market‐based premium associated with carbon‐transition risk in a cross …
Estimating the market‐based premium associated with carbon‐transition risk in a cross …
Transition versus physical climate risk pricing in European financial markets: A text-based approach
G Bua, D Kapp, F Ramella… - The European Journal of …, 2024 - Taylor & Francis
Under its climate regulation, the EU is expected to become the first continent with a net-zero
emissions balance. We study the pricing of climate risks, physical and transition, within …
emissions balance. We study the pricing of climate risks, physical and transition, within …
[HTML][HTML] Do green foreign direct investments increase the innovative capability of MNE subsidiaries?
Technologies to mitigate climate change may diffuse from lead markets to the rest of the
world through several mechanisms and make important contributions to the global green …
world through several mechanisms and make important contributions to the global green …
Local sectoral specialization in a warming world
This paper quantitatively assesses the world's changing economic geography and sectoral
specialization due to global warming. It proposes a two-sector dynamic spatial growth model …
specialization due to global warming. It proposes a two-sector dynamic spatial growth model …
[HTML][HTML] A meta-analysis of the total economic impact of climate change
RSJ Tol - Energy Policy, 2024 - Elsevier
Earlier meta-analyses of the economic impact of climate change are updated with more
data, with three new results:(1) The central estimate of the economic impact of global …
data, with three new results:(1) The central estimate of the economic impact of global …
[PDF][PDF] Climate hazards and resilience in the global car industry
J Castro-Vincenzi - Princeton University manuscript, 2022 - castrovincenzi.com
Climate change will intensify natural disasters, potentially impacting firms' spatial
organization. Using global car industry data and an event-study design, I demonstrate floods …
organization. Using global car industry data and an event-study design, I demonstrate floods …
The effects of temperature on labor productivity
This article reviews recent economic studies on the causal effects of temperature on labor
productivity. The negative effects of extreme temperatures are widespread, and the …
productivity. The negative effects of extreme temperatures are widespread, and the …