Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies

S Ferreira - Annual Review of Resource Economics, 2024 - annualreviews.org
This article reviews the literature on the economic impacts of disasters caused by extreme
weather and climate events to draw lessons on how societies can better manage these risks …

Climate change in Europe and international portfolio allocation: Micro‐level evidence from global funds

X Li, X Lu, W Xie - Journal of Economic Surveys, 2024 - Wiley Online Library
This paper investigates the impact of climate change on international portfolio allocations of
global funds. We select the heat wave disasters in Europe in 2018 as a quasi‐natural …

Climate defaults and financial adaptation

T Phan, F Schwartzman - European Economic Review, 2024 - Elsevier
We analyze the relationship between climate-related disasters and sovereign debt crises
using a model with capital accumulation, sovereign default, and disaster risk. We find that …

The green sin: how exchange rate volatility and financial openness affect green premia

A Moro, A Zaghini - 2024 - papers.ssrn.com
We propose a model with mean-variance foreign investors who exhibit a convex disutility
associated with brown bond holdings. The model predicts that green bond premia should be …

Heat, Cold, and the Macroeconomy: Not All Temperature Shocks Are Alike

F Natoli - Available at SSRN 5016899, 2024 - papers.ssrn.com
While rising temperatures are known to impair economic growth, the effects of
higherfrequency temperature swings are unclear, with recent contributions showing …

Natural Disasters, Reshoring Dynamics and Automation

F Boeri, R Crescenzi - … Dynamics and Automation (June 30, 2024), 2024 - papers.ssrn.com
This study examines the relationship between reshoring and automation in the context of
growing geoeconomic instability and shocks to foreign activities. We investigate how …

[PDF][PDF] The case for adaptive inflation targeting: monetary policy in a hot and volatile world

D Barmes, I Claeys, S Dikau, LAP da Silva - 2024 - cetex.org
Negative supply shocks caused by climate change and interconnected crises may
increasingly fuel persistent inflationary pressures. Responding to these shocks with …

[PDF][PDF] The Impact of Natural Disasters on Capital Flows: Preparedness and Exposure Matter

V Vidaházy - 2024 - vidahazy.github.io
Natural disasters are causing increasing economic losses worldwide, with severe weather
events now costing US $143 billion annually. Although research has examined various …