2min chapter

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S5 Ep46: How does climate change affect asset prices?

VoxTalks Economics

CHAPTER

How Heat Stress Can Affect Economic Activity

Temperatures can lead to forest fires, droughts and water supply issues. It could also make worker productivity quite low in exposed industries such as construction or mining. These two seem to be the primary contributors to economic damages related to heat stress. If you want to hear more on the topic check out the episode called the Financial System in Climate Risk from May 2021.

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