The Global Economic Impact of Climate Change: An Empirical Perspective
The National Bureau of Economic Research (NBER), founded in 1920, is a private, non-profit organization that conducts and disseminates economic research.
Empirical research has transformed our understanding of the global economic impacts of climate change, testing theoretical ideas and revealing unexpected impacts.
Recent empirical analyses have enhanced the credibility and replicability of results, guiding high-stakes climate policies.
This overview describes the landscape of empirical economic research on global impacts, explains modern analyses, and summarizes recent findings.
Empirical research has revolutionized how we understand the global economic impacts of climate change.
Author's summary: Empirical research guides climate policies.