보고서(전자자료)
Macroeconomics and Climate Change
- 카테고리
- 국외자료
- 개인저자
- Adrien Bilal, James H. Stock
- 발행기관
- NBER
- 발행년월
- 2025.03
- 페이지수
- 47p
- URL
요약
This paper surveys the literature that links macroeconomics and climate change. We organize our review into three categories: (i) loss and damage, which assesses long-run economic costs and non-market impacts from climate change; (ii) mitigation and the energy transition, which evaluates the macroeconomic consequences of shifting away from fossil fuels toward renewable energy; and (iii) adaptation, which explores the economic adjustments necessary to manage heat stress, more frequent severe weather events and rising seas. We discuss macroeconomic frameworks that quantify these structural shifts as well as empirical estimates that guide their calibration. We suggest areas in which macroeconomic research on climate is needed.