{"id":19,"date":"2023-04-25T06:32:08","date_gmt":"2023-04-25T10:32:08","guid":{"rendered":"https:\/\/sites.nd.edu\/nmark\/?page_id=19"},"modified":"2023-04-25T07:21:29","modified_gmt":"2023-04-25T11:21:29","slug":"climate-change-economics","status":"publish","type":"page","link":"https:\/\/sites.nd.edu\/nmark\/climate-change-economics\/","title":{"rendered":"Climate Change Economics"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Setting the Agenda in Research<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/EightPrioritiesforSCC.pdf\">Eight Priorities for Calculating the SCC.<\/a>&nbsp;Wagner et al. 25 Feb. 2021&nbsp;<em>Nature<\/em>.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/MaryDalyRemarks.pdf\">Daly, Mary<\/a>&nbsp;\u201cWhy Climate Change Matters to US (the Fed)\u201d.<\/li>\n\n\n\n<li>Call to Economists to Study Climate Change<\/li>\n\n\n\n<li><a href=\"https:\/\/voxeu.org\/article\/why-are-economists-letting-down-world-climate-change\">Andrew Oswald and Nicholas Stern\u2019s call to economists to address climate change<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.blackrock.com\/corporate\/investor-relations\/larry-fink-ceo-letter\">Larry Fink\u2019s (Blackrock) position on climate<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Economics and Finance of Climate Change<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/toan.myportfolio.com\/climate\">Toan&nbsp;Phan\u2019s climate web site<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.frbsf.org\/economic-research\/events\/2019\/november\/economics-of-climate-change\/\">FRBSF Climate Conference<\/a><\/li>\n\n\n\n<li>DICE, FUND, PACE, Page<\/li>\n\n\n\n<li><a href=\"https:\/\/sites.google.com\/site\/williamdnordhaus\/dice-rice\">Nordhaus DICE\/RICE<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.transust.org\/models\/pace\/TranSust_ModelDocumentation_PACE.pdf\">PACE model description<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Fund-3-9-Scientific-Documentation.pdf\">Anthoff, David and Richard S.J. Tol<\/a>,&nbsp;<strong>Technical Description of the&nbsp;FUND (Climate Framework for Uncertainty, Negotiation and Distribution) version 3.9.<\/strong><\/li>\n\n\n\n<li><a href=\"https:\/\/www.climatecolab.org\/wiki\/page\">Page model<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Page%20model%20description\">Page model description<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Climate Science and Data<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/berkeleyearth.org\/2018-temperatures\/\">Berkeley Earth<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.epa.gov\/ghgemissions\">US Environmental&nbsp;Protectation&nbsp;Agency<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/data.worldbank.org\/\">World Bank Data<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/datacatalog.worldbank.org\/dataset\/climate-change-knowledge-portal-historical-data\">World Bank Climate Data<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/iridl.ldeo.columbia.edu\/\">IRI Climate Data Library<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/github.com\/OpenFloodAI\/Climate-Change-Datasets\">List of Public Climate Data Sets<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/www.climatologylab.org\/terraclimate.html\">Climatology Lab<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.esrl.noaa.gov\/psd\/data\/gridded\/data.ncep.reanalysis.html\">ERSL<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/catalog.data.gov\/dataset\/77e7929c-76a7-4324-a012-13293e36be1d\">Integrated Surface Dataset (global)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/data.amerigeoss.org\/dataset\/integrated-surface-global-hourly-data\">AmeriGEO&nbsp;Integrated Surface Dataset (global)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/ual.geoplatform.gov\/api\/items\/c50c03755cd46787f76c1a1163e2aa8c.html\">GEO Platform Integrated Surface Dataset (global)<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">NASA<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.noaa.gov\/\">NOAA (National Oceanic and Atmospheric Administration)<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/climate.geog.udel.edu\/~climate\/\">Willmott, Matsuura, and Collaborators&#8217; Global&nbsp;Climat&nbsp;Resource Pages<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/thematicmapping.org\/\">ThematicMapping<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/www.ciesin.org\/search.html?q=gridded+population&amp;btnG=Search\">Center for International Earth Science Information Network, Earth Institute, Columbia University<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.ers.usda.gov\/data-products\/county-level-data-sets\/\">County Level Datasets<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/ourworldindata.org\/\">Our World&nbsp;In&nbsp;Data Online<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/GriddedGlobalDataset_sdata2018.pdf\">Gridded Global Dataset Documentation<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Recently Added<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.ecmwf.int\/en\/forecasts\/datasets\/reanalysis-datasets\/era5\">ECMWF European Center for Medium Weather Forecasts<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/developers.google.com\/earth-engine\/datasets\/catalog\/ECMWF_ERA5_DAILY\">Google Earth Engine<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/sedac.ciesin.columbia.edu\/data\/set\/gpw-v4-population-count-adjusted-to-2015-unwpp-country-totals-rev11\">Grid Cell Population Data<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.climatologylab.org\/terraclimate.html\">Terra Climate from Google Earth Engine<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/developers.google.com\/earth-engine\/datasets\/catalog\/IDAHO_EPSCOR_TERRACLIMATE\">Description<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/climatedataguide.ucar.edu\/climate-data\/palmer-drought-severity-index-pdsi\">Palmer Drought Severity Index<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/cds.climate.copernicus.eu\/cdsapp#!\/dataset\/reanalysis-era5-single-levels?tab=overview\">ERA5 Dataset<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/developers.google.com\/earth-engine\/datasets\/catalog\/ECMWF_ERA5_DAILY#description\">ERA5 Google Earth Engine<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/developers.google.com\/earth-engine\/datasets\/catalog\">Google Earth Engine Data Catalog<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/developers.google.com\/earth-engine\/datasets\/catalog\/IDAHO_EPSCOR_TERRACLIMATE#bands\">Google Earth Engine&#8211;University of Idaho. Climate and Water Balance<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Climate Science Basics<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Hsiang_Kopp_EconomiestGuide_JPE.pdf\">Hsiang,<\/a>&nbsp;Solomon and Robert E. Kopp, \u201c<strong>An Economist\u2019s Guide to Climate Change Science<\/strong>,\u201d Journal of Economic Perspectives, Fall 2018, 32(4), 3-12.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_HsiangKopp_JEP.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Hsiang_climate_v_temperature.pdf\">Hsiang,<\/a>&nbsp;Solomon, 2016. \u201c<strong>Climate Econometrics,<\/strong>\u201dAnnual Review of Resource Economics, 8: 43-75.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Intergovernmental Assessment<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/WG1AR5_Chapter12_FINAL.pdf\">Collins, M., R.\u00a0Knutti, J.\u00a0Arblaster, J.-L. Dufresne, T.\u00a0Fichefet, P.\u00a0Friedlingstein, X. Gao, W.J. Gutowski, T. Johns, G.\u00a0Krinner, M.\u00a0Shongwe, C. Tebaldi, A.J. Weaver and M.\u00a0Wehner, 2013:<\/a>\u00a0<\/strong>In:\u00a0<em>Climate Change 2013: The Physical Science Basis. Contribution of Working Group I to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change\u00a0<\/em>[Stocker, T.F., D. Qin, G.-K. Plattner, M.\u00a0Tignor, S.K. Allen, J.\u00a0Boschung, A.\u00a0Nauels, Y. Xia, V. Bex and P.M. Midgley (eds.)]. Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Survey Articles<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Auffhammer_JEP.pdf\">Auffhammer, Maximilian,<\/a>&nbsp;(2018).&nbsp;\u201c<strong>Quantifying Economic Damages from Climate Change<\/strong>,\u201d Journal of Economic Perspectives, 32:4, 33-52.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_Auffhammer_JEP.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Carleton_Hsiang.pdf\">Carleton,<\/a>&nbsp;Tamma&nbsp;A. and Solomon M. Hsiang, \u201cSocial and Economic Impacts of Climate,\u201d&nbsp;<em>Science<\/em>, 2018.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/DellJonesOlkenJEL.pdf\">Dell,<\/a>Melissa, Benjamin F. Jones, and Benjamin A.&nbsp;Olken,&nbsp;&nbsp;\u201c<strong>What Do We Learn&nbsp;fron&nbsp;the Weather? The New Climate-Economy Literature<\/strong>,\u201d Journal of Economic Literature, 2014,&nbsp;52(3), 740-798.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_DJO_JEL.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/GIllingham_Stock_JEP.pdf\">GIllingham,<\/a>Kenneth&nbsp;and James H. Stock, \u201c<strong>The Cost of Reducing Greenhouse Gas Emissions,<\/strong>\u201d Journal of Economic Perspectives, Fall 2018, 32(4), 53-72.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/HealPark2016.pdf\">Heal, G. and J. Park, (2016).<\/a>&nbsp;\u201c<strong>Temperature Stress and Direct Impact of Climate Change: A Review of an Emerging Literature,<\/strong>\u201d&nbsp;<em>Review of Environmental Economics and Policy<\/em>, 10, 347-362.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_HealPark.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/EconomistsTooLow.pdf\">Keen, Steve,<\/a>&nbsp;Timothy M.&nbsp;Lenton, Antoine Godin,&nbsp;Devrim&nbsp;Yilmaz, Matheus&nbsp;Grasselli&nbsp;and Timothy J. Garrett, 2021,&nbsp;<em>mimeo.&nbsp;<\/em>&nbsp;\u201c<strong>Economists\u2019 Erroneous Estimates of Damages from Climate Change.<\/strong>\u201d<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/ES_THP_Environmental_Facts_FINAL.pdf\">Stanford Institute for Economic Policy Research<\/a>, \u201cTen Facts about the Economics of Climate Change and Climate Policy\u201d<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/SternAER_ElyLecture.pdf\">Stern, Nicholas<\/a><strong>, \u201cThe Economics&nbsp;of Climate Change<\/strong>,\u201d&nbsp;<em>American Economic Review: Papers &amp; Proceedings, 2008<\/em>, 98:2, 1-37. The Richard T. Ely Lecture<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Tol_JEP_2009.pdf\">Tol<\/a>, Richard SJ (2009), \u201c<strong>The economic effects of climate change<\/strong>.\u201d&nbsp;<em>The Journal of Economic Perspectives<\/em>, 23, 29\u201351.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_Tol_JEP.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Tol2018.pdf\">Tol,<\/a>&nbsp;Richard SJ (2018), \u201cThe Economic Impacts of Climate Change,\u201d&nbsp;<em>Review of Environmental Economics and Policy, 12:1,&nbsp;<\/em>4-25.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Uncertainty in Climate Change Economics<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Anthoff_Tol_Testing_DIsmal_cesifo1_wp8939.pdf\">Anthoff&nbsp;and Tol<\/a>,&nbsp;<strong>\u201cTesting the Dismal Theorem<\/strong>,\u201d&nbsp;CESifo&nbsp;wp 8939.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/BarnettBrockHansen.pdf\">Barnett<\/a>, Michael, William Brock, and Lars P. Hansen. \u201c<strong>Pricing Uncertainty Induced by Climate Change<\/strong>\u201d&nbsp;<em>Review of Economic Studies,&nbsp;<\/em>2020.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/BarnettBrockHansenJul2021_w29064.pdf\">Barnett, Michael, William Brock, and Lars P. Hansen<\/a>, \u201cClimate Change Uncertainty Spillover in the Macroeconomy,\u201d NBER WP 29064, July 2021.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Donadelli2021_Article_TemperatureVariabilityAndTheMa.pdf\">Donadelli, Michael<\/a>, Marcus&nbsp;Juppner, and Sergio&nbsp;Vergalli, June 2021. \u201c<strong>Temperature Variability and the Macroeconomy: A World Tour,\u201d&nbsp;<\/strong><em>Environmental and Resource Economics<\/em>.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Donadelli_01.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Donadelli2021Computational.pdf\">Donadelli, Michael,<\/a>&nbsp;Marcus&nbsp;Juppner, Antonio Paradiso, and Christian&nbsp;Schlag, \u201c<strong>Computing Macro-Effects and Welfare Costs of Temperature Volatility: A Structural Approach,\u201d&nbsp;<\/strong><em>Computational Economics&nbsp;<\/em>&nbsp;(2021) 58:347-394.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Weitzman.pdf\">Weitzman, Martin<\/a>, 2014, \u201c<strong>Fat Tails and the Social Cost of Carbon<\/strong>\u201d,&nbsp;<em>AER papers and proceedings.<\/em><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Weitzman_DismalTheorem.pdf\">Weitzman, Martin L.<\/a>&nbsp;2009. \u201c<strong>On Modeling and Interpreting the Economics of&nbsp;Catastropic&nbsp;Climate Change,<\/strong>\u201d<em>Review of Economics and Statistics.<\/em><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Integrated Assessment Models, Estimating Damages and the Social Cost of Carbon.<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Transition%20to%20Clean%20Technology.pdf\">Acemoglu, Daron,<\/a>&nbsp;Ufuk&nbsp;Akcigit, Douglas Hanley, and William Kerr, 2016. \u201c<strong>Transition to Clean Technology<\/strong>,\u201d&nbsp;<em>Journal of Political Economy,<\/em>&nbsp;124(1), 52-104.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/AlvarezRossi-Hansberg_EconGeographyWarming.pdf\">Alvarez, Jose Luis Cruz and Esteban Rossi-Hansberg,<\/a>&nbsp;\u201c<strong>The Economic Geography of Global Warming<\/strong>,\u201d NBER working paper 28466, Feb. 2021.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Cai_Lontzek_JPE.pdf\">Cai,<\/a>&nbsp;Yongyang&nbsp;and Thomas S.&nbsp;Lontzek, 2019. \u201c<strong>The Social Cost of Carbon with Economic and Climate Risks<\/strong>,\u201d&nbsp;<em>Journal of Political Economy<\/em>, 127, 2684-2734.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/DietzEtAlClimateDynamicsRight.pdf\">Dietz, Simon,<\/a>&nbsp;Frederic van der Ploeg, Armon&nbsp;Rezai, Frank&nbsp;Venmans, 2020.&nbsp;<strong>\u201cAre Economists Getting Climate Dynamics Right and Does it Matter?<\/strong>\u201d&nbsp;cesifo&nbsp;working paper 8122.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Donadelli_JEDC.pdf\">Donadelli, Michael,<\/a>&nbsp;M.&nbsp;Juppner, M. Riedel, and C.&nbsp;Schlag, \u201cT<strong>emperature Shocks and Welfare Costs<\/strong>\u201d,&nbsp;<em>Journal of Economic Dynamics &amp;&nbsp;Control,&nbsp;&nbsp;82<\/em>&nbsp;(2017) 331-355.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Donadelli_JECD_Notes.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/OpenSourceMatlabDiceModel.pdf\">Faulwasser, Timm, Christopher M. Kellett and Steven R. Weller,<\/a>&nbsp;\u201c<strong>MPC-DICE: An Open-Source&nbsp;Matlab&nbsp;Implementaion&nbsp;of&nbsp;Receeding&nbsp;Horizon Solutions to DICE,\u201d&nbsp;<\/strong>IFAC Papers Online, 51-5 (2018) 120-125. (Matlab&nbsp;files in MPC-DICE-master folder)<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/20210331_CEEP_FernandoLiuMcKibbin_ClimateRisk_FINAL.pdf\">Fernando,&nbsp;Roshen,<\/a>Weifeng&nbsp;Liu, and Warrick J.&nbsp;Mckibben, \u201c<strong>Global Economic Impacts of Climate Shocks, Climate Policy and Changes in Climate Risk Assessment<\/strong>\u201d, Brookings Discussion Paper, March 27, 2021. Note: IAM based on&nbsp;<em>deterministic&nbsp;<\/em>G-Cubed multi-country multi-sector model. Also contains interesting empirical work, extensive references.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Nordhaus-MultiModelComparison.pdf\">Gillingham, Kenneth, William Nordhaus, David&nbsp;Anthoff, Geoffrey&nbsp;Blanford, Valentina&nbsp;Bosetti, Peter Christensen,&nbsp;Haewon&nbsp;McJeon, John Reilly, and Paul&nbsp;Sztorc, (2015).<\/a>&nbsp;\u201c<strong>Modeling Uncertainty in Climate Change: A Multi-Model Comparison<\/strong>.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/wp_tse_952.pdf\">Gollier, Christian.<\/a>&nbsp;<strong>\u201cThe Cost-Efficiency Carbon Pricing Puzzle,\u201d&nbsp;<\/strong>&nbsp;mimeo, Toulouse School of Economics, 2020.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Golosov_Hassler_KrusellEconometrica.pdf\">Golosov, Mikhail, John Hassler, Per&nbsp;Krusell&nbsp;and&nbsp;Aleh&nbsp;Tsyvinski<\/a>, \u201c<strong>Optimal Taxes on Fossil Fuel in General Equilibrium,\u201d&nbsp;<\/strong><em>Econometrica<\/em><em>,&nbsp;&nbsp;<\/em>2014.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Hambel_Kraft_Schwartz_SCCnoncooperative.pdf\">Hambel,<\/a>&nbsp;Hambel, Christoph and Kraft, Holger and Schwartz, Eduardo S.,&nbsp;<strong>The Social Cost of Carbon in a Non-Cooperative World<\/strong>&nbsp;(December 19, 2019). Available at SSRN:&nbsp;<a href=\"https:\/\/ssrn.com\/abstract=3418249\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ssrn.com\/abstract=3418249<\/a>&nbsp;or&nbsp;<a href=\"https:\/\/dx.doi.org\/10.2139\/ssrn.3418249\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/dx.doi.org\/10.2139\/ssrn.3418249<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Heal.pdf\">Heal, Geoffrey,<\/a>&nbsp;2009. &#8220;Climate Economics: A Meta-Review and Some Suggestions for Future Research,&#8221;&nbsp;<strong>Review of Environmental Economics and Policy,<\/strong>&nbsp;Oxford University Press for Association of Environmental and Resource Economists, vol. 3(1), pages 4-21, Winter.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Hassler_Krusell.pdf\">Hassler, John and Per&nbsp;Krusell<\/a>&nbsp;\u201c<strong>Economics and Climate Change: Integrated Assessment in a Multi-Region World,<\/strong>\u201d&nbsp;<em>Journal of the European Economic Association,&nbsp;<\/em>2012.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Krussel_Olovsson_IntegratedAssessment.pdf\">Hassler, John, Per&nbsp;Krusell, and Conny&nbsp;Olovsson<\/a>, \u201c<strong>The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate<\/strong>\u201d&nbsp;<em>Annual Review of Economics,&nbsp;<\/em>10: 189-205 (2018).<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Olovsson-Krusell_SFFedConf.pdf\">Hassler, John,<\/a>&nbsp;Per&nbsp;Krusell, Conny&nbsp;Olovsson, and Michael Reiter, \u201c<strong>Integrated Assessment in a Multi-region World with Multiple Energy Sources and Endogenous Technical Change,<\/strong>\u201d (mimeo), 2019.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/DICE-simplified_2019.pdf\">Ikefuji, Masako, Roger J.A.&nbsp;Laeven, Jan R. Magnus and Chris&nbsp;Muris,<\/a>&nbsp;\u201c<strong>Dice Simplified,\u201d<\/strong>&nbsp;mimeo, 2019.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Ikefuji_JEconomietrics.pdf\">Ikefuji, Masako,<\/a>&nbsp;Roger J.A.&nbsp;Laeven, Jan R. Magnus, Chris&nbsp;Muris, (2020). \u201c<strong>Expected Utility and Catastrophic Risk in a Stochastic Economy-Climate Model,<\/strong>\u201d&nbsp;<em>Journal of Econometrics,&nbsp;<\/em>214, 110-129.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Temzelides_Li_etal_robust_policy_QE2016.pdf\">Li et al. (2016)<\/a>&nbsp;\u201c<strong>Robust dynamic energy use and climate change,\u201d&nbsp;<em>Quantitative Economics<\/em><\/strong><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/NordhausEJ1991.pdf\">Nordhaus, William D. (1991).<\/a>&nbsp;\u201c<strong>To Slow or Not to slow: The Economics of the Greenhouse Effect,<\/strong>\u201d&nbsp;<em>Economic Journal<\/em>, 101, 920-937.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Nordaus-PNAS-2010.pdf\">Nordhaus, William D. (2010).<\/a>&nbsp;\u201c<strong>Economic Aspects of Global Warming in a Post-Copenhagen Environment<\/strong>,\u201d PNAS<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Nordhaus_EvolutionOfAssessments.pdf\">Nordhaus, William D., 2017.<\/a>&nbsp;<strong>Evolution of Assessments of the Economics of global Changes in the Dice Model,<\/strong>&nbsp;1992-2017.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Nordhaus_Yang_AER.pdf\">Nordhaus William and&nbsp;Zili&nbsp;Yang<\/a>&nbsp;<strong>\u201cA Regional Dynamic General-Equilibrium Model of Alternative Climate-Change Strategies<\/strong>\u201d,&nbsp;<em>American Economic Review,&nbsp;<\/em>1996. (<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_NordhausYang.txt\">Highlights<\/a>)<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Nordhaus-RevisitingSSC.pdf\">Nordhaus, William D., (2017).<\/a>&nbsp;\u201c<strong>Revisiting the Social Cost of Carbon<\/strong>,\u201d PNAS<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Pindyke_doanddontknow.pdf\">Pindyck, Robert S.<\/a>&nbsp;\u201c<strong>What We Know and Don\u2019t Know about Climate Change, and Implications for Policy<\/strong>,\u201d 2020. NBER WP 27304<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/PindykeSCCRevisited.pdf\">Pindyke, Robert S, (2019).<\/a>&nbsp;\u201c<strong>The Social Cost of Carbon Revisited<\/strong>,\u201d Journal of Environmental Economics and Management, 94: 140-160.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/s41558-018-0282-y.pdf\">Ricke, Katherine, Laurent&nbsp;Drounet, Ken&nbsp;Calderia, Massimo&nbsp;Tavoni<\/a>, \u201cCountry-level social cost of carbon,\u201d&nbsp;<em>Nature Climate Change,<\/em>&nbsp;vol 8,&nbsp;October 2018,&nbsp;895-900.&nbsp;&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/41558_2018_282_MOESM1_ESM.pdf\">Supplementary Materials<\/a>, and&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/s41558-019-0455-3.pdf\">Author Corrections<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Tol_SCC_forEveryCountry.pdf\">Tol, Richard.<\/a>&nbsp;<strong>\u201cA Social Cost of Carbon for (almost) Every Country<\/strong>,\u201d Energy Economics,&nbsp;2019,&nbsp;83: 555-556.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Traeger_2014.pdf\">Traeger,<\/a>Christian.&nbsp;<strong>\u201cA 4-Stated DICE: Quantitatively Assessing Uncertainty Effects in Climate Change,\u201d<\/strong>&nbsp;<em>Environmental and Resource Economics.<\/em><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/IceSheet_AER.pdf\">Delavane&nbsp;Diaz and Klaus Keller,<\/a>&nbsp;\u201cA Potential Disintegration of the West Antarctic Ice Sheet: Implications for Economic Analyses of Climate Policy,\u201d&nbsp;<em>AER&nbsp;<\/em>Papers and Proceedings, 2016<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Empirical Research on Temperature and Macroeconomic Activity\/Damages: International<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Acevedo.pdf\">Acevedo,&nbsp;Sebastian,<\/a>Mico&nbsp;Mrkaic,&nbsp;Natalija&nbsp;Novta, Evgenia&nbsp;Pugacheva, and&nbsp;Petia&nbsp;Topalova. 2020. \u201c<strong>The Effects of Weather Shocks on Economic Activity: What are the Channels of Impact?<\/strong>\u201d,&nbsp;<em>Journal of Macroeconomics<\/em>, 65, 103207.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Acevedo.txt\">Highlights<\/a>&nbsp;<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/IMF%20Working%20Papers%255D%20Volume%202022%20(2022)_Estimating%20Macro-Fiscal%20Effects%20of%20Climate%20Shocks%20From%20Billions%20of%20Geospatial%20Weather%20Observations.pdf\">Akyapi,&nbsp;Berkay&nbsp;,&nbsp;&nbsp;Matthieu&nbsp;Bellon, and Emanuele&nbsp;Massetti<\/a>,&nbsp;\u201cEstimating Macro-Fiscal Effects of Climate Shocks From Billions of Geospatial Weather Observations,\u201d IMF working paper July 2022.&nbsp;&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Highlight_BerkayEtAl.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/BurkeHsiangMiguel.pdf\">Burke, Marshall, Solomon M. Hsiang, and Edward Miguel.<\/a>&nbsp;&#8220;<strong><em>Global Non-Linear Effect of Temperature on Economic Production<\/em><\/strong>,&#8221; Nature, November 2015, 527.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_BurkeHsiangMiguel.txt\">Highlights<\/a>,&nbsp;<a href=\"https:\/\/web.stanford.edu\/~mburke\/climate\/BurkeHsiangMiguel2015_SI.pdf\">Supplementary Materials<\/a>,&nbsp;<a href=\"https:\/\/web.stanford.edu\/~mburke\/climate\/\">Paper&#8217;s web site<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/DellJonesOlken_AER2009.pdf\">Dell, Melissa, Benjamin F. Jones, and Benjamin A.&nbsp;Olken, (2009).<\/a>&nbsp;\u201c<strong>Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates,<\/strong>\u201d AER, May.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_DJO_MayAER.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/DellJonesOiken.pdf\">Dell, Melissa, Benjamin F. Jones, and Benjamin A.&nbsp;Olken<\/a>, \u201c<strong>Temperature Shocks and Economic Growth: Evidence from the Last Half Century<\/strong>,\u201d American Economic Journal: Macroeconomics, 2012, 4:66-95.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_DJO_AEJMacro.txt\">Highlights.<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Henseler-Schumacher2019_Article_TheImpactOfWeatherOnEconomicGr.pdf\">Hensler, Martin and Ingmar Schumacher, (2019).<\/a>&nbsp;\u201c<strong>The Impact of Weather on Economic Growth and its Production Factors<\/strong>,\u201d Climate Change, 154:417-433.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_HenslerSchumacher.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/15367.full.pdf\">Hsiang, Solomon M.<\/a>&nbsp;<strong>\u201cTemperatures and Cyclones Strongly Associated&nbsp;With&nbsp;Economic Production in the Caribbean and Central America,\u201d&nbsp;<\/strong>PNAS, 2010.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/pnas.201009510SI.pdf\">Supplementary Information (the actual paper)<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Hsiang_Cyclones.pdf\">Hsiang, Solomon M. and Amir&nbsp;Jina.<\/a>&nbsp;\u201cThe Causal Effect of Environmental Catastrophe on Long-Run Economic Growth: Evidence from 6,700 Cyclones,\u201d NBER WP 20352, July 2014.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Pesaran_Climate%20Growth_190701.pdf\">Kahn, Matthew E.,&nbsp;Kamiar&nbsp;Mohaddesby, Ryan N. C. Ng, M. Hashem&nbsp;Pesaran, Mehdi&nbsp;Raissi&nbsp;and&nbsp;Jui-Chung&nbsp;Yangal.<\/a>&nbsp;\u201c<strong>Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis<\/strong>,\u201d mimeo, University of Cambridge, UK.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_Pesaran.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Letta-Tol2019_Article_WeatherClimateAndTotalFactorPr.pdf\">Letta, Marco and Richard S. Tol, (2018).<\/a>&nbsp;\u201c<strong>Weather, Climate and Total Factor Productivity<\/strong>,\u201d Environmental Resource Economics, 73:283-305.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_LettaTol.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/WP2018-09-Estimating%20the%20Consequences%20rev%2020201119.pdf\">Lemoine, Derek<\/a>. \u201cEstimating the Consequences of Climate Change from Variation in Weather,\u201d&nbsp;<em>mimeo, University of Arizona,&nbsp;<\/em>May 2020.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/HeatWaves.pdf\">Miller, Steve,<\/a>&nbsp;Kenn Chua, Jay Coggins, and Hamid&nbsp;Mohtadi,&nbsp;<strong>\u201cHeat Waves,&nbsp;Climate Change, and Economic Output,\u201d<\/strong>&nbsp;&nbsp;<em>Journal of the European Economic Association,<\/em>&nbsp;forthcoming.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/The%20GDP-Temperature%20relationship.pdf\">Newell, Richard G., Brian C.&nbsp;Prest, and Steven E. Sexton<\/a>&nbsp;<strong>\u201cThe GDP-Temperature Relationship: Implications for Climate Change Damages<em>,\u201d<\/em><\/strong><em>&nbsp;Journal of Environmental Economics and&nbsp;Management<\/em>, 2021.&nbsp;&nbsp;<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0095069621000280#bib38\">The Journal Version<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Weather--climate-and-economic-outcomes--Evidence-from_2021_Ecological-Econom.pdf\">Olper, Alessandro,<\/a>&nbsp;Maurizio Maugeri, Veronica&nbsp;Manara, Valentina Raimondi. \u201c<strong>Weather, Climate and Economic Outcomes: Evidence from Italy<\/strong>\u201d,Ecological Economics, 189,(2021).<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Olper.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Richard-Tol-weathervclimate.pdf\">Tol, Richard.<\/a>&nbsp;\u201c<strong>The economic impact of weather and climate<\/strong>,\u201d mimeo, 2020. (stochastic&nbsp;frontier analysis)<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Tol_Distributional_Impactnyas.14497.pdf\">Tol, Richard S J<\/a>,&nbsp;<strong>\u201cThe Distributional Impact of Climate Change,\u201d<\/strong>&nbsp;<em>Annals of the New York Academy of Sciences, pp.1-13.&nbsp;<\/em>2020.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Temp_Indian_LaborSupply_JPE.pdf\">Somanathan, et al. (2021)<\/a>&nbsp;\u201cThe Impact of Temperature on Productivity and Labor Supply: Evidence from<br>Indian Manufacturing,\u201d&nbsp;<em>Journal of Political Economy<\/em><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Waldinger_JPE.pdf\">Waldinger, Maria (2022),<\/a>&nbsp;\u201cThe Economic Effects of Long-Term Climate Change: Evidence from the Little Ice Age,\u201d&nbsp;<em>Journal of Political Economy<\/em><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Labor Productivity Mechanism<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/1-s2.0-S014759671830204X-main.pdf.pdf\">Cai,&nbsp;Xiqian, Yi Lu, and&nbsp;Jin&nbsp;Wang<\/a>,&nbsp;<strong>\u201cThe Impact of Temperature on Manufacturing Worker Productivity: Evidence from Personnel&nbsp;Data,\u201d<\/strong>&nbsp;<em>Journal of Comparative Economics,&nbsp;<\/em>46: 889-905, (2018)<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/SSRN-id2099798.pdf\">Cachon, Gerald P., Santiago&nbsp;Gallino, and Marcelo Olivares<\/a>,&nbsp;<strong>\u201cSevere Weather and Automobile Assembly Productivity,\u201d&nbsp;<\/strong><em>mimeo,&nbsp;<\/em>SSRN working paper.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Cook_Heys_BrainFreeze.pdf\">Cook, Nikolai and Anthony&nbsp;Heyes<\/a>,&nbsp;<strong>\u201cBrain freeze: outdoor cold and indoor cognitive performance,\u201d&nbsp;<\/strong>&nbsp;<em>Journal of Environmental Economics and Management,&nbsp;<\/em>101, 2020, 1-26.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/EJ_Climate_Labor_Mexico.pdf\">Jessoe, Katrina, Dale T. Manning and J. Edward Taylor,<\/a>&nbsp;<strong>\u201cClimate&nbsp;Change and Labor Allocation in Rural Mexico: Evidence from Annual Fluctuations in Weather\u201d&nbsp;<\/strong>&nbsp;<em>Economic Journal,&nbsp;<\/em>128, 230-261, (2018).<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Park%20et%20al%20Heat%20and%20Learning.pdf\">Park, R.&nbsp;Jisung, Joshua Goodman, Michael Hurwitz, and Jonathan Smith,<\/a>&nbsp;(2020).&nbsp;<strong>\u201cHeat&nbsp;and Learning<\/strong>,\u201d&nbsp;<em>American Economic Journal:&nbsp;Economnic&nbsp;Policy,&nbsp;<\/em>&nbsp;12,306-339.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/BFI-WP_2018-69.pdf\">Somanathan, E, Rohini&nbsp;Somanathan,<\/a>&nbsp;Anant Sudarshan, and&nbsp;Meenu&nbsp;Tewari, \u201c<strong>The Impact of Temperature on Productivity and Labor Supply: Evidence from Indian Manufacturing,<\/strong>\u201d Becker-Friedman Institute WP No. 2018-69, (2018).<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/ZanderEtAlHeatStress.pdf\">Zander, Kerstin,&nbsp;Wouter&nbsp;J. W.&nbsp;Botzen, Elspeth&nbsp;Oppermann,&nbsp;Tord&nbsp;Kjellstrom, Stephen T. Garnett, (2015)<\/a>. \u201c<strong>Heat&nbsp;Stress Causes Substantial&nbsp;Labour&nbsp;Productivity Loss in Australia<\/strong>,\u201d&nbsp;<em>Nature Climate Change<\/em>.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/671766.pdf\">Zivin, Joshua Graff and Matthew&nbsp;Neidell<\/a>,&nbsp;<strong>\u201cTemperature and the Allocation of Time: Implications for Climate Change<\/strong>\u201d,&nbsp;<em>Journal of Labor Economics<\/em>&nbsp;32(1): 1-26,&nbsp;2014.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Agricultural Mechanism<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/41724653.pdf\">Anthony C. Fisher, W. Michael&nbsp;Hanemann, Michael J. Roberts and Wolfram&nbsp;Schlenker,<\/a>&nbsp;Comment on Deschenes and Greenstone. \u201cThe Economic Impacts of Climate Change: Evidence from&nbsp;&nbsp;Agricultural Output and Random Fluctuations in Weather: Comment.\u201d&nbsp;<em>AER,&nbsp;<\/em>2012.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Deschenes_Greenstone01.pdf\">Deschenes and Greenstone<\/a>, \u201c<strong>The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather<\/strong>,\u201d AER, 2007.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Deschenes_Greenstone03.pdf\">Deschenes and Greenstone<\/a>&nbsp;\u201c<strong>The Economic Impacts of Climate Change: Evidence from Agricultural Output: Reply&nbsp;<\/strong>2012.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Deschenes_Greenstone02.pdf\">Deschenes and Greenstone<\/a>&nbsp;<strong>\u201cClimate Change, Mortality, and Adaption: Evidence from Annual Fluctuations in Weather in the US,\u201d<\/strong>&nbsp;AEJ: Applied 2011.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Dietz&amp;LanzWP19-09.pdf\">Dietz, Simon and Bruno&nbsp;Lanz<\/a>&nbsp;\u201c<strong>Can a Growing World be Fed when the Climate is Changing?<\/strong>\u201d University of Neuchatel Institute of Economic Research IRENE WP 19-09.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Nath_FoodProblem.pdf\">Nath,<\/a>&nbsp;Ishan.&nbsp;<strong>\u201cThe&nbsp;Food&nbsp;Problem and Aggregate Productivity Consequences of Climate Change,\u201d&nbsp;&nbsp;<em>mimeo<\/em><\/strong><em>,&nbsp;<\/em>University of Chicago, 2022.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tourism Channel<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Chan-Wichman2020_Article_ClimateChangeAndRecreationEvid.pdf\">Chan, Nathan W. and Casey J.\u00a0Wichman<\/a>,\u00a0<strong>\u201cClimate Change and Recreation: Evidence from North American Cycling,\u201d\u00a0<\/strong>\u00a0<em>Environmental and Resource Economics<\/em>\u00a0(2020) 76: 119-151.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Empirical Research on Temperature and Macroeconomic Activity\/Damages: United States<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Bernstein_Lewis_DisasterOnHorizon.pdf\">Bernstein,<\/a>&nbsp;Asaf, Matthew Gustafson, and Ryan Lewis, \u201cDisaster on the Horizon: The Price of Sea Level Rise,\u201d mimeo, 2018<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/ColacitoEtAl_JMCB.pdf\">Colacito, Riccardo, Bridget Hoffmann, and&nbsp;Toan&nbsp;Phan<\/a>&nbsp;&#8220;<strong>Temperature and Growth: A Panel Analysis of the United States<\/strong>,&#8221; Journal of Money, Credit, and Banking, 2019, 51: 313-368.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_ColacitoEtAl.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Deryugina_Hsiang.pdf\">Deryugina, Tatyana,<\/a>&nbsp;and Solomon Hsiang. \u201c<strong>Does the Environment Still Matter? Daily Temperature and Income in the United States<\/strong>,\u201d NBER wp 20740, 2014.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_Duryugina_Hsiang.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Deschenes_Greenstone04.pdf\">Deschenes, Greenstone and&nbsp;Guryan<\/a>, \u201cClimate Change and Birth Weight, AERPP 2009.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/HsiangEtAlEstimatingDamage.pdf\">Hsiang, Solomon<\/a>, Robert Kopp, Amir&nbsp;Jina, James Rising, Michael Delgado, Shashank&nbsp;Mohan,D. J. Rasmussen, Robert Muir-Wood, Paul Wilson, Michael Oppenheimer, Kate&nbsp;Larsen,Trevor&nbsp;Houser. \u201c<strong>Estimating Economic Damage from Climate Change in the United States<\/strong>,\u201d Science, 2017, 345:1362-1369.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_Hsiang_Science.txt\">Highlights<\/a>, and&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/aal4369_Hsiang_SM.pdf\">supplementary materials (i.e., the actual paper)<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/MatthesPhanweather_web.pdf\">Kim,Hee&nbsp;Soo, Christian&nbsp;Matthes, and&nbsp;Toan&nbsp;Phan,<\/a>&nbsp;2021. \u201cExtreme Weather and the Macroeconomy.\u201d&nbsp;<em>Mimeo.<\/em>&nbsp;&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Hightlight_KimMatthesPhan.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Karlsson2021_Article_TemperatureAndExportsEvidenceF.pdf\">Karlsson,<\/a>&nbsp;Jimmy, 2021. \u201c<strong>Temperature and Exports: Evidence from the United States,<\/strong>\u201d&nbsp;<em>Environmental and Resource Economics<\/em><strong>.<\/strong>&nbsp;&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Karlsson_Exports_notes.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/MigrationAndClimate.pdf\">Mullins, Jamie T. and Prashant&nbsp;Bharadwag,<\/a>&nbsp;<strong>\u201cWeather, Climate, and Migration in the United States,\u201d<\/strong>&nbsp;NBER WP 28614, March 2021.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Extreme Weather Events<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Bakkensen_Barrage_Cyclones_2021.pdf\">Bakkason\u00a0and Barrage<\/a>\u00a0(2018) \u201cClimate Shocks, Cyclones, and Economic Growth: Bridging the Micro-Macro Gap\u201d (conditionally accepted at EJ).\u00a0<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Bakkensen_Barrage_Cyclones_Notes.txt\">Highlights<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Finance and Climate<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/BalachandranNguyenCarbonRisk&amp;Dividends.pdf\">Balachandran,<\/a>&nbsp;Balasingham and Justin Hung Nguyen, \u201cDoes carbon risk matter in firm dividend policy? Evidence from a quasi-natural experiment in an imputation environment,\u201d&nbsp;<em>Journal of Banking and Finance, 2018.<\/em><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/w17575.pdf\">Bansal, Ravi and Marcelo Ochoa<\/a>&nbsp;(2011) \u201c<strong>Temperature, Aggregate Risk, and Expected Returns<\/strong>\u201d NBER WP no. 17575.<\/li>\n\n\n\n<li>&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Bansal_2016_WhatDoCapital.pdf\">Bansal, Ravi, Dana&nbsp;Kiku, and Marcelo Ochoa<\/a>, (2016) \u201c<strong>What Do Capital Markets Tell Us About Climate Change<\/strong>?\u201d (mimeo)&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_BansalKikuOchoa01.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Bansal_Kiku_ClimateChangeRisk.pdf\">Bansal, Ravi, Dana&nbsp;Kiku, and Marcelo&nbsp;Ocha, (2016).<\/a>&nbsp;\u201c<strong>Climate Change and Growth Risks,<\/strong>\u201d (mimeo)&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_BansalKikuOchoa02.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/PatrickBoltonDoInvestorsCare.pdf\">Bolton, Patrick and<\/a>&nbsp;Marcin&nbsp;Kacperczyk. \u201cDo Investors Care about Carbon Risk?\u201d NBER WP 26968, April 2020.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/ClimateSovereignDebt_IMF.pdf\">Cevik,&nbsp;Serhan&nbsp;and Joao Tovar&nbsp;Jalles<\/a>&nbsp;\u201c<strong>Feeling the Heat: Climate Shocks and Credit Ratings,<\/strong>\u201dIMF Working Paper.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Daniel_Climate.pdf\">Daniel, Kent D., Robert B.&nbsp;Litterman, and Gernot Wagner<\/a>, 2015.&nbsp;<strong>\u201cApplying Asset Pricing Theory to Calibrate the Price of Climate Risk<\/strong>, (mimeo).<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/GiglioKellyStroebelClimateFinance.pdf\">Giglio, Kelly, and&nbsp;Stroebel<\/a>,&nbsp;\u201c<strong>Climate Finance<\/strong>\u201d, NBER WP no. 28226, December&nbsp;2020<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/RiordanCarbonRisk.pdf\">Gorgen, Maximilian,<\/a>&nbsp;Andrea Jacob, Martin&nbsp;Nerlinger, Ryan Riordan, Martin&nbsp;Rohleder, Macro Wilkens. \u201cCarbon Risk\u201d mimeo,&nbsp;&nbsp;June 2019.&nbsp;<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/The%20drivers%20of%20the%20relationship%20between%20corporate%20environmental%20performance%20and%20stock%20market%20returns.pdf\">de&nbsp;Haan,&nbsp;Marien,&nbsp;Lammertjan&nbsp;Dam, and Bert&nbsp;Scholtens<\/a>. \u201cThe Drivers of the Relationship between Corporate Environmental Performance and Stock Market Returns,\u201d Journal of Sustainable Finance, 2012.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/HongEtAlClimateRisksMarketEfficiency.pdf\">Hong, Harrison, Frank&nbsp;Weikai&nbsp;Li, and&nbsp;Jiangmin&nbsp;Xu, 2019.<\/a>&nbsp;\u201c<strong>Climate Risks and Market Efficiency<\/strong>,\u201d&nbsp;<em>Journal of Econometrics,<\/em>&nbsp;208: 254-281.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_HongLiXu.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Mehra_AssetPricingClimate.pdf\">Mehra, Rajnish<\/a>. \u201cAsset Pricing Implications of Macroeconomic Interventions: An Application to Climate Policy,\u201d NBER WP 19146, 2013.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Adaptation<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Barrea_EtAl_Adaptation_JPE.pdf\">Barrea, et al. (2016)<\/a>&nbsp;\u201cAdapting to Climate Change: The&nbsp;RemarkableDecline&nbsp;in the US Temperature-MortalityRelationship&nbsp;over the Twentieth Century,\u201d&nbsp;<em>Journal of Political Economy<\/em><\/li>\n\n\n\n<li>&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/BurkeEmerick.pdf\">Burke, Marshall and Kyle Emerick, 2016.<\/a>&nbsp;\u201c<strong>Adaptation to Climate Change: Evidence from US Agriculture<\/strong>,\u201d&nbsp;<em>American Economic Journal: Economic Policy,&nbsp;<\/em>8(3): 106-140.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Notes_BurkeEmerick.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Park_BehrerAdapt.pdf\">Behrer, A. Patrick and&nbsp;Jisung&nbsp;Park<\/a>, \u201c<strong>Will We Adapt?&nbsp;Termperature, Labor and Adaptation to Climate Change<\/strong>,\u201d 2017, mimeo, Harvard University.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_ParkBehrer.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/SSRN-id3842758.pdf\">Bento, Antonio,<\/a>&nbsp;Noah Miller,&nbsp;Mehreen&nbsp;Mookerjee, and Edson&nbsp;Severnini, \u201cTime is of the Essence: Climate Adaption Induced&nbsp;by&nbsp;&nbsp;Existing&nbsp;Institutions,\u201d NBER WP No. 28783.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Park_will_we_adapt.pdf\">Beher&nbsp;and Park<\/a>&nbsp;\u201cWill We Adapt? Temperature, Labor and Adaptation to Climate Change,\u201d&nbsp;&nbsp;(mimeo)<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/ChoiEtAl_AttentionToGlobalWarming.pdf\">Choi, Darwin<\/a>,&nbsp;Zhenyu&nbsp;Gao and&nbsp;Wenxi&nbsp;Jiang. \u201cAttention to Global Warming,\u201d mimeo, July 2019.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/wp822.pdf\">de&nbsp;Bandt, Olivier<\/a>, Luc&nbsp;Jacolin, and Thibault Lemaire. \u201c<strong>Climate Change in Developing Countries: Global Warming Effects, Transmission Channels and Adaptation Policies,<\/strong>\u201d Bank of France WP 822, July 2021.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/deBandt.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/rudik-lyn-tan-ortiz-bobea-climate.pdf\">Rudik, Ivan, Gary Lyn,&nbsp;Weiliang&nbsp;Tan and Ariel Ortiz-Bobea<\/a>.&nbsp;&nbsp;\u201cHeterogeneity and Market Adaption to Climate Change in Dynamic-Spatial Equilibrium, mimeo, June 2021.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/rudik.txt\">Highlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/rudik-lyn-tan-ortiz-bobea-climate.pdf\">Rudik, Ivan,<\/a>&nbsp;Gary Lyn,&nbsp;Weiliang&nbsp;Tan, and Ariel Ortiz-Bobea, June 2021. \u201cHeterogeneity and Market Adaptation to Climate Change in Dynamic-Spatial Equilibrium,\u201d&nbsp;<em>mimeo<\/em>.&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/rudik.txt\">Hightlights<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Adaptation_pol.20190060.pdf\">Sanders, Nicholas J.<\/a>&nbsp;and Alan J.&nbsp;Barreca, \u201cAdaptation to Environmental Change: Agriculture and the Unexpected Incidence of the Acid Rain Problem,\u201d AEJ: Policy, 2022.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Other Empirical Work<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Carbon Taxes and Trading Permits<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/metcalf_stock_w27488_july_2020.pdf\">Gilbert E. Metcalf and James H. Stock,<\/a>&nbsp;\u201c<strong>The Macroeconomic Impact of Europe\u2019s Carbon Taxes,<\/strong>\u201d NBER WP 27488, (2020).<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/SSRN-id3814609.pdf\">Gillingham, Kenneth, Marten&nbsp;Ovaere, and Stephanie M. Weber<\/a>,&nbsp;<strong>\u201cCarbon Policy and the Emissions Implications of Electric Vehicles,\u201d<\/strong>&nbsp;NBER WP 28620, 2021.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/OestreichTsiakasCarbon&amp;StockReturns.pdf\">Oestreich,<\/a>&nbsp;A. Marcel and&nbsp;Ilias&nbsp;Tsiakas, \u201cCarbon Emissions and Stock Returns: Evidence from the EU Emissions Trading Scheme,\u201d&nbsp;<em>Journal of Banking and Finance, 2015.<\/em><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Prest&amp;Stock_ClimateSurcharge.pdf\">Prest, Brian and James Stock<\/a>, \u201c<strong>Climate Royalty Surcharges<\/strong>,\u201d NBER WP&nbsp;28564 (2021).<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/SSRN-id3847540.pdf\">Shapiro, Alan Finkelstein and Gilbert E. Metcalf<\/a>, \u201cThe Macroeconomic Effects of a Carbon Tax to meet the U.S. Paris Agreement Target: The Role of Firm Creation and Technology Adoption,\u201d NBER wp28975, May 2021<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Climate Policy<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Fried_SystematicPolicyRisk_SFFedConf.pdf\">Fried,&nbsp;Stephie,<\/a>&nbsp;&nbsp;Kevin&nbsp;Novan, and William B. Peterman. \u201cThe Systematic Risk of Climate Policy\u201d, mimeo Nov. 2019.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Zechhauser_3Pronngs.pdf\">Zechhauser,<\/a>&nbsp;Richard and Joseph e.&nbsp;Aldy. \u201cThree Prongs for Prudent Climate Policy,\u201d NBER WP 26991, April 2020.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/FL2021_Climate_Policy.pdf\">Farrokhi, Farid and Ahmad&nbsp;Lashkaripour.<\/a>&nbsp;\u201cCan Trade Policy Mitigate Climate Change?\u201d&nbsp;<em>mimeo,&nbsp;<\/em>Purdue University.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Stranded Assets<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Barnett_RunOnOil.pdf\">Barnett, Michael, (2019).<\/a>&nbsp;\u201c<strong>A Run on Oil: Climate Policy, Stranded Assets, and Asset Prices<\/strong>,\u201d (mimeo)<\/li>\n\n\n\n<li><strong>Beneficiaries and Payers of Climate Change<\/strong><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Hope_2006.pdf\">Hope_2006.pdf<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Maddison_2003.pdf\">Maddison_2003.pdf<\/a>. (<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_Maddison_2003.txt\">Highlights<\/a>)<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Mendelsohn_Schlessinger_Williams_2000.pdf\">Mendelsohn_Schlessinger_Williams_2000<\/a>&nbsp;(Regional Damage Assessments)<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Tol2002_Article_EstimatesOfTheDamageCostsOfCli.pdf\">Tol2002_Article_EstimatesOfTheDamageCostsOfCli.pdf<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Tol2002_Article_EstimatesOfTheDamageCostsOfCli-2.pdf\">Tol2002_Article_EstimatesOfTheDamageCostsOfCli-2.pdf<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Rehdanz_Maddision_2005.pdf\">Rehdanz_Maddision_2005.pdf<\/a>&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Note_Rehdanz_Maddison.txt\">(Highlights)<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Things to Read<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/GrowthAtRiskFromClimageChange.pdf\">Michael T. Kiley.<\/a>&nbsp;Growth Risk from Climate Change<\/strong><\/li>\n\n\n\n<li><strong>&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Kortum_Weisbach.pdf\">Kortum_Weisbach<\/a>&nbsp;Optimal Unilateral Carbon Policy<\/strong><\/li>\n\n\n\n<li><strong><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/MiniMax_w29716.pdf\">DeCanio, Stephen J., Charles F.&nbsp;Manski&nbsp;adn&nbsp;Alan H.&nbsp;Sanstad.<\/a>&nbsp;Minimax-regret Climate Policy with Deep Uncertainty in Climate Modeling and Intergenerational Discounting<\/strong><\/li>\n\n\n\n<li><strong><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/SSRN-id3943014.pdf\">Matteo Ciccarelli,&nbsp;Fulvia&nbsp;Marotta.<\/a>&nbsp;Demand or supply? An empirical exploration of the effects of climate change on the macroeconomy<\/strong><\/li>\n\n\n\n<li><strong>&nbsp;<a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/STROEBEL_WURGLER_WhatPeopleThink.pdf\">Stroebel, Johannes and Jeffrey&nbsp;Wurgler<\/a>. What Do You Think about Climate Finance?<\/strong><\/li>\n\n\n\n<li><strong><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/wp_2022_07.zp214602.pdf\">Xin Sheng,&nbsp;Rangan&nbsp;Gupta and&nbsp;O\u011fuzhan&nbsp;\u00c7epni<\/a>&nbsp;The Effects of Climate Risks on Economic Activity in a Panel of US States: The Role of Uncertainty<\/strong><\/li>\n\n\n\n<li><strong><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/wp_2022_10.zp215301.pdf\">Bonato, Matteo,&nbsp;Oguzhan&nbsp;Cepni,&nbsp;Rangan&nbsp;Gupta, and Christian&nbsp;Pierdzioch<\/a>&nbsp;Climate Risks and Realized Volatility of Major Commodity Currency Exchange Rates<\/strong><\/li>\n\n\n\n<li><strong>Other related documents<\/strong><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/SeaLevels.pdf\">Caporale, Guglielmo Maria<\/a>, Luis A. Gil-Alana, and&nbsp;Larua&nbsp;Sauci. \u201cUS Sea Level Data: Time Trends and Persistence,\u201d&nbsp;&nbsp;CESifo&nbsp;WP 8274, March 2020.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/ExogeneityInClimateEconometrics.pdf\">Pretis, Felix<\/a>, \u201c<strong>Exogeneity in Climate Econometrics<\/strong>,\u201d Working Paper, University of Oxford, Department of Economics.<\/li>\n\n\n\n<li><strong>Local Projections<\/strong><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Jorda%20-%20Local%20Projections.pdf\">Jorda, Oscar<\/a>, \u201cEstimation and Inference of Impulse Responses by Local Projections,\u201d&nbsp;<em>American Economic Review, 2005.<\/em><\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/LP_vs_VAR.pdf\">Li,&nbsp;Dake, Mikkel&nbsp;Plagborg-Moller, and Christian K. Wolf<\/a>, \u201cLocal Projections vs. VARs: Lessons from Thousands of DGPs\u201d mimeo, Feb 2021.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/LocalProjectionsEquivVARs.pdf\">Plagborg-Moller, Mikkel and Christian K. Wolf.<\/a>&nbsp;\u201cLocal Projections and VARs Estimate the Same Impulse Responses\u201d mimeo, June 2019.<\/li>\n\n\n\n<li><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/BarnichonBrownless_ReStat2019.pdf\">Barnichon&nbsp;and&nbsp;Brownless<\/a>, (2019) \u201cImpulse Response Estimation by Smooth Local Projections,\u201d&nbsp;<em>Review of Economics and Statistics,<\/em><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Other resources<\/strong><\/h2>\n\n\n\n<p><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/CurrentValueHamiltonian.pdf\">Continuous Time Optimal Control<\/a><\/p>\n\n\n\n<p><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/eBook_Kotchen_EnvironmentalandEnergyPolicyandtheEcon.pdf\">Environmental and Energy Policy and the Economy<\/a>&nbsp;Edited by&nbsp;Kotchen, Stock and Wolfram<\/p>\n\n\n\n<p><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/Cai_Judd_Powerful.pdf\">Cai and Judd. New Powerful Method<\/a><\/p>\n\n\n\n<p><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/AB_Climate.html\">Other Research<\/a><\/p>\n\n\n\n<p><a href=\"http:\/\/sites.nd.edu\/nmark\/files\/2023\/04\/Climate\/HesburghSlidesMKE.pdf\">Milwaukee Club Hesburgh Lecture<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Setting the Agenda in Research Economics and Finance of Climate Change Climate Science and Data NASA Recently Added Climate Science Basics Intergovernmental Assessment Survey Articles Uncertainty in Climate Change Economics Integrated Assessment Models, Estimating Damages and the Social Cost of Carbon. Empirical Research on Temperature and Macroeconomic Activity\/Damages: International Labor Productivity Mechanism The Agricultural Mechanism [&hellip;]<\/p>\n","protected":false},"author":4499,"featured_media":0,"parent":0,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-19","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages\/19","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/users\/4499"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/comments?post=19"}],"version-history":[{"count":7,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages\/19\/revisions"}],"predecessor-version":[{"id":94,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages\/19\/revisions\/94"}],"wp:attachment":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/media?parent=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}