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The Macroeconomic Impact of Climate Change: Global vs. Local Temperature

Citations

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Cited by:

  1. Ambec, Stefan & Andersson, Henrik & Cezera, Stéphane & Kanay, Ayşegül & Ouvrard, Benjamin & Panzone, Luca A. & Simon, Sebastian, 2025. "Taxing and nudging to reduce carbon emissions," TSE Working Papers 25-1690, Toulouse School of Economics (TSE), revised Jan 2026.
  2. Lessmann, Kai & Gruner, Friedemann & Kalkuhl, Matthias & Edenhofer, Ottmar, 2024. "Emissions Trading with Clean-up Certificates: Deterring Mitigation or Increasing Ambition?," CEPR Discussion Papers 19180, C.E.P.R. Discussion Papers.
  3. Matteo Ficarra & Rebecca Mari, 2025. "Weathering the storm: sectoral economic and inflationary effects of floods and the role of adaptation," Bank of England working papers 1120, Bank of England.
  4. Adam Rose & Nathaniel Gundersen & Yamini Kumar & Joshua Jacobs & Isabel Reynoso & Najmedin Meshkati, 2024. "Benefits and Challenges of California Offshore Wind Electricity: An Updated Assessment," Energies, MDPI, vol. 18(1), pages 1-32, December.
  5. Aggarwal, Raavi & Missbach, Leonard & Somanathan, E. & Steckel, Jan Christoph & Sterner, Thomas, 2025. "Negative health effects of carbon prices can outweigh the climate benefits in developing countries," EfD Discussion Paper 25-9, Environment for Development, University of Gothenburg.
  6. Francesco Jacopo Pintus & Jan P.A.M. Jacobs & Elmer Sterken, 2024. "Fiscal Impacts of Climate Anomalies," CAMA Working Papers 2024-74, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  7. Terzi, A. & Ramsay, A., 2025. "Climate Change, Geopolitics and the Future Wealth of Nations," Cambridge Working Papers in Economics 2548, Faculty of Economics, University of Cambridge.
  8. Stefan Wöhrmüller, 2025. "Carbon taxation and precautionary savings," Working Papers 841, DNB.
  9. Mark Budolfson & Michael Geruso & Kevin J. Kuruc & Dean Spears & Sangita Vyas, 2025. "Is Less Really More? Comparing the Climate and Productivity Impacts of a Shrinking Population," NBER Working Papers 33932, National Bureau of Economic Research, Inc.
  10. Luca Fornaro & Veronica Guerrieri & Lucrezia Reichlin, 2025. "Monetary policy for the green transition," BIS Papers, Bank for International Settlements, number 160, May.
  11. Joshua S. Graff Zivin & Anthony Lepinteur & Matthew J. Neidell & Adrian Nieto Castro, 2025. "A Cold Stop: Temperature, Unemployment and Joblessness Dynamics," NBER Working Papers 34487, National Bureau of Economic Research, Inc.
  12. Chiara Casoli & Matteo Manera & Luca Pedini & Daniele Valenti, 2025. "“It’s not the heat, it’s the humidity!” New Climate Indices for Europe with a Multilevel Factor Model," Working Papers 2025.23, Fondazione Eni Enrico Mattei.
  13. Bachmann, Ronald & Janser, Markus & Lehmer, Florian & Vonnahme, Christina, 2024. "Disentangling the Greening of the Labour Market: The Role of Changing Occupations and Worker Flows," IAB-Discussion Paper 202412, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
  14. Pierre Coster & Julian di Giovanni & Isabelle Méjean, 2024. "Firms’ Supply Chain Adaptation to Carbon Taxes," Staff Reports 1136, Federal Reserve Bank of New York.
  15. Friederike Fourné & Lara Zarges, 2025. "Identifying Macroeconomic Shocks Using Firm-Level Data: Material Shortages in The German Manufacturing Sector," ifo Working Paper Series 418, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
  16. Tarsia, Romano, 2024. "Heterogeneous effects of weather shocks on firm economic performance," LSE Research Online Documents on Economics 124251, London School of Economics and Political Science, LSE Library.
  17. Sebastian Dullien & Katja Rietzler, 2025. "The Macroeconomic Effects of a Green European Public Investment Fund - Taking Climate Change into Account," IMK Policy Brief 197-2025, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
  18. Burke, M. & Mohaddes, K & Raissi, M., 2026. "The Adaptation Imperative: Climate Change and Sovereign Credit Risk," Cambridge Working Papers in Economics 2608, Faculty of Economics, University of Cambridge.
  19. Fernando Rios-Avila & Andrey Ramos & Gustavo Canavire-Bacarreza & Leonardo Siles, 2026. "Estimation and Inference in Quantile Regressions with Multiple Fixed Effects," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper2615, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
  20. Sandra Eickmeier & Josefine Quast & Yves Schuler, 2024. "Macroeconomic and Financial Effects of Natural Disasters," CAMA Working Papers 2024-23, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  21. Vicente Ferreira & Joao Pedro Ferreira & Dario Guarascio & Francesco Zezza, 2024. "Shockflation in the EU: sectoral shocks, cost-push inflation and structural asymmetries in core and periphery countries," Working Papers in Public Economics 254, Department of Economics and Law, Sapienza University of Rome.
  22. Srivastava, Prachi & Bloom, Nicholas & Bunn, Philip & Mizen, Paul & Thwaites, Gregory & Yotzov, Ivan, 2026. "Firm climate investment: A glass half-full," Energy Economics, Elsevier, vol. 154(C).
  23. Martin Bruns & Helmut Lütkepohl, 2026. "Review of Proxy Vector and Autoregressive Analysis," University of East Anglia School of Economics Working Paper Series 2026-01, School of Economics, University of East Anglia, Norwich, UK..
  24. Adrien Bilal & James H. Stock, 2025. "A Guide to Macroeconomics and Climate Change," NBER Working Papers 33567, National Bureau of Economic Research, Inc.
  25. B. N. Porfiriev & A. Yu. Kolpakov & E. A. Lazeeva, 2025. "Assessing the Impact of Climate Change on the Russian Economy Using Integrated Assessment Models (IAM)," Studies on Russian Economic Development, Springer, vol. 36(1), pages 35-44, February.
  26. Giovanardi, Francesco & Kaldorf, Matthias, 2025. "Pro-cyclical emissions, real externalities, and optimal monetary policy," Discussion Papers 04/2025, Deutsche Bundesbank.
  27. Aparajita Dasgupta & Devvrat Raghav, 2024. "Rural Roads, Climate Change, and the Dynamics of Structural Transformation: Evidence from India," Working Papers 122, Ashoka University, Department of Economics.
  28. Rainald Borck & Matthias Kalkuhl & Kai Lessmann, 2025. "Is Work from Home Good for the Environment?," CESifo Working Paper Series 12300, CESifo.
  29. Naveen Kumar & Dibyendu Maiti, 2025. "Distributional impacts of global warming on wealth inequality: evidence from global panel of regions," Empirical Economics, Springer, vol. 69(6), pages 3889-3933, December.
  30. Edenhofer Ottmar & Kalkuhl Matthias, 2024. "Planetarische Müllabfuhr – Gamechanger der Klimapolitik?: Thünen-Vorlesung 2024," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 25(3-4), pages 172-182.
  31. Lennard Schlattmann, 2024. "Spatial Redistribution of Carbon Taxes," ECONtribute Discussion Papers Series 345, University of Bonn and University of Cologne, Germany.
  32. André de Palma & R. Lindsey & S. Proost & Y. Riou & A. Trannoy, "undated". "Why combating climate change is so challenging," Thema Working Papers 2025-02, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS.
  33. Falck, Elisabeth & Schulte, Patrick, 2025. "From weather to wallet: Evidence on seasonal temperature shocks and global food prices," Discussion Papers 27/2025, Deutsche Bundesbank.
  34. Simone Borghesi & Jacopo Cammeo, 2025. "The Macroeconomic Impact of Different Decarbonization Paths and Strategies," EconPol Policy Reports 55, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
  35. Kumar, Naveen & Maiti, Dibyendu, 2025. "Climate change, state capacity and uneven growth: A disaggregated analysis of India," Economic Modelling, Elsevier, vol. 153(C).
  36. Behrer, A. Patrick & Rexer, Jonah Matthew & Sharma, Siddharth & Triyana, Margaret, 2024. "Household and Firm Exposure to Heat and Floods in South Asia," Policy Research Working Paper Series 10947, The World Bank.
  37. Klieber, Karin & Coulombe, Philippe Goulet, 2025. "Opening the black box of local projections," Working Paper Series 3105, European Central Bank.
  38. Pablo Garcia Sanchez & Olivier Pierrard, 2026. "The Rich, The Poor, and The Carbon Tax," LIDAM Discussion Papers IRES 2026006, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  39. Nwaobi, Godwin, 2025. "Climate Transition, Decarbonization Framework and Energy Sustainability in Ecowas Region," MPRA Paper 124215, University Library of Munich, Germany.
  40. Elias Hasler, 2025. "Assessing the Global Impact of EU Carbon Pricing: Economic and Climate Spillovers," Working Papers 2025-01, Faculty of Economics and Statistics, Universität Innsbruck.
  41. repec:rim:rimwps:25-01 is not listed on IDEAS
  42. Renaud Bourlès & Jérémy Laurent-Lucchetti & Jean-Charles Rochet, 2026. "Should we stop the COPs ?," Working Papers hal-05551080, HAL.
  43. Schlogl, Lukas & Pfaffenbichler, David & Raza, Werner, 2024. "Net zero export finance: Lessons for Austria from international best practice," Research Reports 22/2025, Austrian Foundation for Development Research (ÖFSE).
  44. Kim, Dukpa & Kim, Yun Jung, 2025. "Macroeconomic impacts of climate change: A semi-structural analysis of unexpected weather conditions in Korea," Economic Modelling, Elsevier, vol. 151(C).
  45. Jinchi Dong & Richard S. J. Tol & Jinnan Wang, 2025. "The Effects of Climate and Weather on Economic Output: Evidence from Global Subnational Data," Papers 2505.17946, arXiv.org.
  46. Sauvé, Edwige, 2026. "Digital Ecosystems and Data Regulation," TSE Working Papers 131492, Toulouse School of Economics (TSE).
  47. Dueñas, Juliana & Goytia, Alejandra & Hoffmann, Bridget, 2026. "The effect of extreme heat on economic growth: Evidence from Latin America," Journal of Environmental Economics and Management, Elsevier, vol. 135(C).
  48. Rexer, Jonah Matthew & Sharma, Siddharth, 2026. "Heat, Informality, and Misallocation: Firm Adaptation in the Short and Long Run," Policy Research Working Paper Series 11284, The World Bank.
  49. Tianyu Fan & Mai Wo & Wei Xiang, 2025. "Geopolitical Barriers to Globalization," Papers 2509.12084, arXiv.org, revised Apr 2026.
  50. Elizabeth Kopits & Daniel Kraynak & Bryan Parthum & Lisa Rennels & David Smith & Elizabeth Spink & Joseph Perla & Nshan Burns, 2025. "Economic Impacts of Climate Change in the United States: Integrating and Harmonizing Evidence from Recent Studies," Papers 2509.00212, arXiv.org.
  51. Dirk Pilat, 2024. "Climate Change and Productivity– An Exploration," International Productivity Monitor, Centre for the Study of Living Standards, vol. 47, pages 54-86, Fall.
  52. Caggese, Andrea & Chiavari, Andrea & Goraya, Sampreet & Villegas‑Sanchez, Carolina, 2025. "Climate change, firms and aggregate productivity," Research Bulletin, European Central Bank, vol. 132.
  53. Ralph Luetticke & Timothy Meyer & Gernot Müller & Moritz Schularick, 2025. "The Great Leveler According to HANK," CESifo Working Paper Series 12276, CESifo.
  54. Nikolay Gospodinov & Ignacio Lopez Gaffney & Serena Ng, 2025. "The Economic Impact of Low- and High-Frequency Temperature Changes," Papers 2505.08950, arXiv.org, revised Apr 2026.
  55. Hoffmann, Bridget & Dueñas, Juliana & Goytia, Alejandra, 2024. "The Effect of Extreme Heat on Economic Growth: Evidence from Latin America," IDB Publications (Working Papers) 13810, Inter-American Development Bank.
  56. Harding, Anthony & Moreno-Cruz, Juan & Quaas, Martin & Rickels, Wilfried & Smulders, Sjak, 2025. "Distribution of climate damages in convergence-consistent growth projections," Energy Economics, Elsevier, vol. 149(C).
  57. Kodzovi Senu Abalo & Boehlert,Brent & Bui,Thanh & Andrew Burns & Castillo,Diego & Unnada Chewpreecha & Alexander Haider & Stephane Hallegatte & Charl Jooste & Florent McIsaac & Heather Jane Ruberl & S, 2025. "The Macroeconomic Implications of Climate Change Impacts and Adaptation Options : A Modeling Approach," Policy Research Working Paper Series 11133, The World Bank.
  58. Cantoni, Roberto & Llavero-Pasquina, Marcel & Apostolopoulou, Elia & Gerber, Julien-François & Bond, Patrick & Martinez-Alier, Joan, 2025. "From Françafrique to Chinafrica? Ecologically unequal exchange, neocolonialism, and environmental conflicts in Africa," World Development, Elsevier, vol. 193(C).
  59. Martin Bruns & Helmut Lütkepohl, 2026. "Review of Proxy Vector Autoregressive Analysis," Discussion Papers of DIW Berlin 2155, DIW Berlin, German Institute for Economic Research.
  60. Teresa Janz & Gassmann,Franziska & de Ervin,Lyliana Gayoso, 2024. "Weathering Shocks : Unraveling the Effects of Short-Term Weather Shocks on Poverty in Paraguay," Policy Research Working Paper Series 10970, The World Bank.
  61. Marion Davin & Mouez Fodha & Thomas Seegmuller, 2025. "Distance to the End: The Question of UNsustainability," Working Papers hal-05305220, HAL.
  62. Giovanardi, Francesco & Kaldorf, Matthias, 2025. "Pro-cyclical emissions, real externalities, and optimal monetary policy," European Economic Review, Elsevier, vol. 179(C).
  63. Daniel J. Wilson, 2025. "Estimating National Weather Effects from the Ground Up," Working Paper Series 2025-18, Federal Reserve Bank of San Francisco.
  64. Boss, Konstantin & Testa, Alessandra, 2025. "What goes around comes around: The US climate-economic cycle," Journal of Macroeconomics, Elsevier, vol. 85(C).
  65. Philippe Goulet Coulombe & Karin Klieber, 2025. "Opening the Black Box of Local Projections," Papers 2505.12422, arXiv.org, revised Jul 2025.
  66. Dimitris Georgarakos & Geoff Kenny & Justus Meyer & Maarten van Rooij, 2025. "How do rising temperatures affect inflation expectations?," Working Papers 843, DNB.
  67. Richard S.J. Tol, 2025. "Climate Determinism Reborn," Working Paper Series 0725, Department of Economics, University of Sussex Business School.
  68. Wylie, David & Amornsiripanitch, Natee & Heilbron, John & Zhao, Kevin, 2025. "JUE Insights: Who bears climate-related physical risk?," Journal of Urban Economics, Elsevier, vol. 149(C).
  69. Michel Grimm & Torben Klarl, 2025. "From Heatwaves to Cold Spells: How Extreme Temperature Events Shape Inflation in Germany," Bremen Papers on Economics & Innovation 2502, University of Bremen, Faculty of Business Studies and Economics.
  70. Evaluator 1 & Evaluator 2 & Ben Balmford, 2024. "Evaluation Summary and Metrics: "The Macroeconomic Impact of Climate Change: Global vs. Local Temperature"," The Unjournal Evaluations 2024-390, The Unjournal.
  71. Graziano Moramarco, 2025. "Analyzing Inter‐Hemispheric Climate Change Asymmetries With a Cointegrated Vector Autoregression," Environmetrics, John Wiley & Sons, Ltd., vol. 36(6), September.
  72. Claudia N. Berg & Bettarelli,Luca & Furceri,Davide & Ganslmeier,Michael & Arti Grover & Megan Elizabeth Lang & Marc Tobias Schiffbauer, 2025. "Firm-Level Climate Change Adaptation : Micro Evidence from 134 Nations," Policy Research Working Paper Series 11081, The World Bank.
  73. Broeders, Dirk & Dimitrov, Daniel & Verhoeven, Niek, 2025. "Climate-linked bonds," Working Paper Series 3011, European Central Bank.
  74. Edoardo Santoni & Margherita Scarlato & Nicolò Barbieri & Caterina Conigliani, 2025. "Heat and work-related injuries: How temperature measurement affects outcomes," SEEDS Working Papers 0225, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Mar 2025.
  75. Berg, Kimberly A. & Curtis, Chadwick C. & Mark, Nelson C., 2024. "GDP and temperature: Evidence on cross-country response heterogeneity," European Economic Review, Elsevier, vol. 169(C).
  76. Tianyu Fan, 2025. "Measuring Geopolitical Alignment and Economic Growth," Papers 2507.04833, arXiv.org, revised Apr 2026.
  77. Araujo, Rafael & Assunção, Juliano & Bragança, Arthur, 2025. "Transportation infrastructure and deforestation in the Amazon," Journal of Development Economics, Elsevier, vol. 177(C).
  78. Shah, Syed Sadaqat Ali & Wu, Kai, 2025. "How effective are green spending multipliers? Eco-friendly vs non-eco-friendly spending in OECD economies," Energy Policy, Elsevier, vol. 204(C).
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