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Federal Reserve Bank of Richmond: 'Extreme Weather and Macroeconomy'
August 19, 2021
RICHMOND, Virginia, Aug. 19 (TNSRep) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 21-14) in August 2021 entitled "Extreme Weather and the Macroeconomy".

The white paper was written by Christian Matthes and Toan Phan, senior economists in the research department, and Hee Soo Kim of Indiana University.

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Here are excerpts:

Abstract

We investigate the macroeconomic effects of changes in e . . .

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