Kamiar Mohaddes’ co-authored article “Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis” was recently covered in the FT (in their Special Report Business School Insights)

Prevailing economic research anticipates the burden of climate change falling on hot or poor nations. Some predict that cooler or wealthier economies will be unaffected or even see benefits from higher temperatures. However, our study shows that virtually all countries – whether rich or poor, hot or cold – will suffer economically if the current trajectory of carbon emissions is maintained. In fact, our estimates suggest that – on average – richer, colder countries would lose as much income to climate change as poorer, hotter nations.  

The FT coverage can be viewed here

The original article can be viewed here

An earlier version was published as an EPRG Working Paper and can be viewed here

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