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California's Heat Dome Poses Unprecedented Challenge for World's Fifth-Biggest Economy

Dr. Kamiar Mohaddes's paper on Long-Term Macroeconomic Effects of Climate Change, has been quoted in the Telegraph. The paper (joint with Matthew Kahn, Ryan Ng, M. Hashem Pesaran, Mehdi Raissi and Jui-Chung Yang) shows that the negative long-run growth effects of climate change are universal, that is they affect all countries, rich or poor, and hot or cold. Moreover, we illustrate that economic growth is affected not only by higher temperatures but also by the degree of climate variability.

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Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis

Chimney Pollution


Published on: Tuesday 6th July 2021

Tags:

Climate Change

Macroeconomics

Economic Growth