Auflistung Working Papers nach JEL-Klassifizierung "E30"
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Global Temperature, R&D Expenditure, and Growth
(2017-11-15)We shed new light on the macroeconomic effects of rising temperatures. In the data, a shock to global temperature dampens expenditures in research and development (R&D). We rationalize this empirical evidence within a ... -
Temperature Shocks and Welfare Costs
(2018-01-22)This paper examines the welfare implications of rising temperatures. Using a standard VAR, we empirically show that a temperature shock has a sizable, negative and statistically significant impact on TFP, output, and labor ...