TY  - BOOK
AU  - Heal,Geoffrey
AU  - Park,Jisung
ED  - National Bureau of Economic Research.
TI  - Goldilocks Economies? Temperature Stress and the Direct Impacts of Climate Change
T2  - NBER working paper series
PY  - 2015///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - April 2015; Hardcopy version available to institutional subscribers
N2  - We review recent literature on the effect of temperature stress on economic activity, operating through basic human physiology. There is growing evidence from both micro and macro studies of causal impacts of extreme temperature on health, labor supply, and labor productivity, driven in large part by extreme heat stress. There is also a suggestion of an optimal temperature zone for economic activity, though empirical research on potential adaptive responses remains thin. This emerging literature has implications for the consequence of climate change, and may also provide a partial explanation of why hot countries are generally poorer than temperate or cold ones
UR  - https://www.nber.org/papers/w21119
UR  - http://dx.doi.org/10.3386/w21119
ER  -