Series: IMF Working Papers
Author(s): Sebastian Acevedo Mejia , Claudio Baccianti , Mico Mrkaic , Natalija Novta , Evgenia Pugacheva , and Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 August 2019
Keywords: Economic policy, Economic growth, Economic recovery, Financial crises, Total factor productivity, Climate change, Climate policy, Adaptation to climate change, Weather shock, structural policy
We explore the extent to which macroeconomic policies, structural policies, and institutions can mitigate the negative relationship between temperature shocks and output in countries with warm climates. Empirical e...