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Most Recently Released Items

Temperature thresholds of extreme heat-induced yield loss in maize and soybean reveal geographic heterogeneity across the Northern Hemisphere

Zhao, Quanbo; Wang, Chenzhi; Wang, Xuhui; Rezaei, Ehsan Eyshi ...

2026-03-06

Exposure to extreme high temperatures is a major constraint on global crop productivity, yet most large-scale assessments rely on fixed temperature t...

Fiscal policy and energy price shocks

Blanz, Alkis; Eydam, Ulrich; Heinemann, Maik; Kalkuhl, Matthias ...

2026-03-06

In this analysis, we examine the heterogeneous welfare effects of various crisis relief programs, financed either through distortionary taxes or publ...

The risk of a hothouse Earth trajectory [Commentary]

Ripple , William J.; Wolf, Christopher; Rockström, Johan; Katherine, Richardson ...

2026-03-06

Earth’s climate is now departing from the stable conditions that supported human civilization for millennia. Crossing critical temperature thresholds...

How do households react to a real cost shock? Evidence from the energy price crisis in Germany

Singhal, Puja; Kaestner , Kathrin; Schwarz, Antonia; Pahle, Michael

2026-03-06

The 2022 energy crisis caused gas prices to rise more sharply than those of other fossil fuels. This paper uses this natural experiment to examine ho...