
Author(s): Michele Cascarano, Filippo Natoli, Andrea Petrella
Date published: Sep 2023
SUERF Policy Brief, No 685*
By Michele Cascarano, Filippo Natoli, and Andrea Petrella, Bank of Italy
*This policy brief is based on Bank of Italy Temi di discussione No 1418. The views expressed in this paper are those of the authors and do not necessarily reflect those of the Bank of Italy.
JEL codes: D22, R12, Q54.
Keywords: Climate change, temperatures, firm dynamics.
Download: SUERF Policy Brief, No 685 (0.58 MB)
References
Accetturo, A., G. Barboni, M. Cascarano, E. Garcia-Appendini and M. Tomasi (2022), “Credit supply and green investments”, Available at SSRN 4093925.
Addoum, J.M., D.T. Ng and A. Ortiz-Bobea (2020), “Temperature Shocks and Establishment Sales”, The Review of Financial Studies 33(3): 1331–1366.
Albert, C., P. Bustos and J. Ponticelli (2021), “The Effects of Climate Change on Labor and Capital Reallocation”, NBER Working Paper No. w28995.
Blanchard, O. and J. Tirole (2022), “Major future economic challenges”, VoxEU.org, 21 March.
Cruz, J.L., and E. Rossi-Hansberg (2021), “The economic geography of global warming”, NBER Working Paper No. w28466.
Peri, G. and F. Robert-Nicoud (2021), “On the economic geography of climate change”, VoxEU.org, 11 October.
Cascarano, M., F. Natoli and A. Petrella (2022), “Entry, exit and market structure in a changing climate”, Bank of Italy Working Papers No. 1418.
Pankratz, N. and C. Schiller (2021), “Climate Change and Adaptation in Global Supply-Chain Networks”, in Proceedings of Paris December 2019 Finance Meeting EUROFIDAI-ESSEC, European Corporate Governance Institute–Finance Working Paper.
Somanathan, E., R. Somanathan, A. Sudarshan and M. Tewari (2021), “The Impact of Temperature on Productivity and Labor Supply: Evidence from Indian Manufacturing”, Journal of Political Economy 129(6):1797–1827.
Weder di Mauro, B. (ed.) (2021), Combatting Climate Change: A CEPR Collection, CEPR Press.
About the authors
Michele Cascarano is an Economist at the Bank of Italy. He is the head of the Economic Research Unit of the Trento branch. His research interests lie in applied microeconomics with a focus on financial intermediation and regional economics. He holds a Ph.D. in Economics from the University of Trento.
Filippo Natoli is a Senior Economist in the Directorate General for Economics, Statistics and Research at the Bank of Italy. His research interests lie at the intersection of macroeconomics and finance, with a focus on monetary and fiscal policy and the economic implications of climate change. He holds a Ph.D. in Economics from LUISS University of Rome, Italy.
Andrea Petrella is an economist at the Bank of Italy. His research interests include Urban Economics, Productivity and International Trade. He holds a PhD in economics from Universitat Pompeu Fabra.
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