Prof. Hong Il Yoo

We document a negative relation between abnormal temperature and quality of life in the U.S. since 1990. Cross-state and (within state-year) county-level comparisons both indicate that the temperature-quality of life relation is more positive in states adopting more stringent environmental policies prior to our sample period. Additional tests indicate no significant pre-adoption differences in the temperature-income sensitivity of adopters and non-adopters. Together, our findings suggest that U.S. quality of life is likely to deteriorate on average if rising temperature projections manifest and that enhancing current environmental policies should be added to the list of potential avenues of adaption.

Date: 18 March 2022



Εκδήλωση Μεταπτυχιακών Φοιτητών του Τμήματος Εμπορίου Χρηματοοικονομικών και Ναυτιλίας
Oil Price Shocks and the Hedging Benefit of Airline Investments
Climate regulation costs and firms’ distress risk