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Temperature and Human Capital in the Short- and Long-Run / Joshua S. Graff Zivin, Solomon M. Hsiang, Matthew J. Neidell.
- Format:
- Book
- Author/Creator:
- Graff Zivin, Joshua S.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w21157.
- NBER working paper series no. w21157
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2015.
- Summary:
- We provide the first estimates of the potential impact of climate change on human capital, focusing on the impacts from both short-run weather and long-run climate. Exploiting the longitudinal structure of the NLSY79 and random fluctuations in weather across interviews, we identify the effect of temperature in models with child-specific fixed effects. We find that short-run changes in temperature lead to statistically significant decreases in cognitive performance on math (but not reading) beyond 26C (78.8F). In contrast, our long-run analysis, which relies upon long-difference and rich cross-sectional models, reveals no statistically significant relationship between climate and human capital. This finding is consistent with the notion that adaptation, particularly compensatory behavior, plays a significant role in limiting the long run impacts from short run weather shocks.
- Notes:
- Print version record
- May 2015.
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