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Welfare Costs of Long-Run Temperature Shifts

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NBER2011-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17574
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资源简介:
This article makes a contribution towards understanding the impact of temperature fluctuations on the economy and financial markets. We present a long-run risks model with temperature related natural disasters. The model simultaneously matches observed temperature and consumption growth dynamics,
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2011-11-01
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