Affiliation:
1. Centre for Econometrics and Applied Research, Ibadan, Nigeria
Abstract
We offer global evidence on the macroeconomic effects of climate change for a panel of 22 countries classified by economic groupings. We show that: globally, climate change is inflationary; the negative impacts of climate change on the exchange rate markets is only evident in emerging economies; stock markets could hedge natural climate risks but fail to hedge climate risks due to policy uncertainty.
Publisher
Asia-Pacific Applied Economics Association
Cited by
13 articles.
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