The Impact of Higher Temperatures on Economic Growth

The Impact of Higher Temperatures on Economic Growth Federal Reserve Bank of Richmond, August 2018, No. 18-08 Riccardo Colacito, Bridget Hoffmann, Toan Phan and Tim Sablik     What happens to the economy when it gets hot outside? Despite long-standing assumptions that economic damage from rising global temperatures would be limited to the agricultural sector or…

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