Revise and Resubmit, Journal of Political Economy:
Macroeconomics
Research Question: What are the welfare effects
of general equilibrium adaptation via trade, migration, and capital
accumulation in response to climate change?
Methodological Contributions: (1)
Model-consistent estimating equations to identify climate impacts on
productivity and amenities from temperature shocks; (2) Quantitative
decomposition of general equilibrium adaptation channels (trade,
migration, industry switching, capital accumulation) to shocks in
fundamentals in a dynamic spatial model