Derek Lemoine
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View article: Climate change has already made the United States poorer
Climate change has already made the United States poorer Open
The climate is already changing. The present study shows that these changes have already affected the U.S. economy. It develops a formal framework that accounts for how climate change has affected each county’s economy by altering current …
View article: PFAS-contaminated drinking water harms infants
PFAS-contaminated drinking water harms infants Open
There is evidence of widespread human exposure to per- and polyfluoroalkyl substances (PFAS) but limited evidence of the human health impacts of this exposure. Using data on New Hampshire births from 2010–2019, we show that mothers receivi…
View article: Fatal Errors: The Mortality Value of Accurate Weather Forecasts
Fatal Errors: The Mortality Value of Accurate Weather Forecasts Open
We provide the first revealed preference estimates of the benefits of routine weather forecasts. The benefits come from how people use advance information to reduce mortality from heat and cold. Theoretically, more accurate forecasts reduc…
View article: What Were the Odds? Estimating the Market's Probability of Uncertain Events
What Were the Odds? Estimating the Market's Probability of Uncertain Events Open
An event study generates only a lower bound on the full effect of an event unless researchers know the probability that investors assigned to the event before it occurred. We develop two model-free methods for recovering the market’s price…
View article: Incentivizing Negative Emissions Through Carbon Shares
Incentivizing Negative Emissions Through Carbon Shares Open
I analyze a novel climate policy instrument that attaches a transferable asset to each unit of carbon in the atmosphere. I show that this instrument improves on an emission tax by incentivizing both optimal emission reductions and optimal …
View article: Incentivizing Negative Emissions Through Carbon Shares
Incentivizing Negative Emissions Through Carbon Shares Open
I analyze a novel climate policy instrument that attaches a transferable asset to each unit of carbon in the atmosphere.I show that this instrument improves on an emission tax by incentivizing both optimal emission reductions and optimal r…
View article: Replication Data for: The Climate Risk Premium: How Uncertainty Affects the Social Cost of Carbon
Replication Data for: The Climate Risk Premium: How Uncertainty Affects the Social Cost of Carbon Open
Matlab code for calculating the social cost of carbon under uncertainty.
View article: sub_damagenodes_damexp.m
sub_damagenodes_damexp.m Open
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View article: contvalue.m
contvalue.m Open
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View article: sub_damagenodes_damvar.m
sub_damagenodes_damvar.m Open
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View article: main_climaterisk.m
main_climaterisk.m Open
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View article: readme.txt
readme.txt Open
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View article: sub_transitions.m
sub_transitions.m Open
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View article: sub_epsteinzin.m
sub_epsteinzin.m Open
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View article: truncated_normal_rule.f90
truncated_normal_rule.f90 Open
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View article: sub_damagenodes_base.m
sub_damagenodes_base.m Open
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View article: plotpaths_fitdamages.m
plotpaths_fitdamages.m Open
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View article: General Equilibrium Rebound from Energy Efficiency Innovation
General Equilibrium Rebound from Energy Efficiency Innovation Open
Energy efficiency improvements "rebound" when economic responses undercut their direct energy savings.I show that general equilibrium channels typically amplify rebound by making consumption goods cheaper but typically dampen rebound by in…
View article: Estimating the Consequences of Climate Change from Variation in Weather
Estimating the Consequences of Climate Change from Variation in Weather Open
I formally relate the consequences of climate change to the panel variation in weather extensively explored by recent empirical literature.I show that short-run responses to weather shocks differ from long-run responses to climate change w…