The Effects of Weather Shocks on Economic Activity : What are the Channels of Impact? /

Global temperatures have increased at an unprecedented pace in the past 40 years. This paper finds that increases in temperature have uneven macroeconomic effects, with adverse consequences concentrated in countries with hot climates, such as most low-income countries. In these countries, a rise in...

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Bibliographic Details
Main Author: Acevedo Mejia, Sebastian
Other Authors: Mrkaic, Mico, Novta, Natalija, Pugacheva, Evgenia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/144
Online Access:Full text available on IMF