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Full Description
The field of climate econometrics has undergone rapid development in recent years, shaped by the growing demand for empirical methods that can rigorously assess the multifaceted interactions between the economy and the climate system. Situated at the intersection of climate science and econometric methodology, this field responds to the urgent need for tools that quantify the economic impacts of climate variability and long-term climate change. Rising policy interest, data availability, and the increasing frequency of extreme events have collectively motivated the expansion of climate econometrics as a recognized and distinct research area.
This volume appears at a particularly timely juncture. The contributions assembled here reflect the current momentum in climate econometric research, both in theoretical development and empirical application.
Advances in Econometrics publishes original scholarly econometrics papers with the intention of expanding the use of developed and emerging econometric techniques by disseminating ideas on the theory and practice of econometrics throughout the empirical economic business and social science literature.
Contents
Introduction; Thomas B. Fomby, Marina Friedrich, and Eric Hillebrand
Chapter 1. Understanding Vulnerability to Poverty and Natural Disasters in Latin America and the Caribbean; Gustavo Canavire-Bacarreza, Sergio Olivieri, Monserrat Serio, and Adriana Conconi
Chapter 2. The Effect of U.S. Climate Policy on Financial Markets: An Event Study of the Inflation Reduction Act; Michael D. Bauer, Eric A. Offner, and Glenn D. Rudebusch
Chapter 3. Nighttime Pollution and Economic Activities: A Spatio-Temporal Model with Common Factors for US Counties; Georges Bresson, Jean-Michel Etienne, and Guy Lacroix
Chapter 4. Wind Energy, CO2 Abatement, and the Environmental Kuznets Curve in Denmark; Federico Carlini, Bent Jesper Christensen, Nabanita Datta Gupta, and Paolo Santucci de Magistris
Chapter 5. Persistent Cycles and Long-Run Covariability in Paleoclimate Time Series; Vasco J. Gabriel, Luis F. Martins, and Anthoulla Phella



