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Institute Insights: How Hot Temps Cool Economic Growth

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Climatologists project that global temperatures may rise by up to four degrees Celsius over the next century. This projection raises a natural question: “Can we assess the impact that this temperature increase will have on the U.S. economy?” UNC Kenan-Flagler Business School Professor of Finance Ric Colacito discusses his co-authored paper “Temperature and Growth: A Panel Analysis of the United States.”

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