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220928 ||| eng |
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|a 9798400208126
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| 100 |
1 |
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|a Cevik, Serhan
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| 245 |
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|a For Whom the Bell Tolls: Climate Change and Inequality
|c Serhan Cevik, João Tovar Jalles
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2022
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| 300 |
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|a 27 pages
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| 651 |
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4 |
|a Russian Federation
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Distribution: General
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| 653 |
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|a Multiple or Simultaneous Equation Models
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| 653 |
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|a Environmental Economics
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| 653 |
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|a Natural Disasters and Their Management
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| 653 |
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|a Income distribution
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| 653 |
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|a Environment
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| 653 |
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|a Climate
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| 653 |
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|a Economics: General
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| 653 |
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|a Climate change
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| 653 |
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|a Informal sector; Economics
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| 653 |
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|a Aggregate Factor Income Distribution
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| 653 |
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|a National accounts
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Economic Development, Innovation, Technological Change, and Growth
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| 653 |
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|a Currency crises
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| 653 |
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|a Global Warming
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
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| 653 |
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|a Income inequality
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| 653 |
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|a Multiple Variables: General
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| 653 |
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|a Climatic changes
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| 700 |
1 |
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|a Jalles, João Tovar
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9798400208126.001
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2022/103/001.2022.issue-103-en.xml?cid=518057-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a Climate change is the defining challenge of our time with complex and evolving dynamics. The effects of climate change on economic output and financial stability have received considerable attention, but there has been much less focus on the relationship between climate change and income inequality. In this paper, we provide new evidence on the association between climate change and income inequality, using a large panel of 158 countries during the period 1955–2019. We find that an increase in climate change vulnerability is positively associated with rising income inequality. More interestingly, splitting the sample into country groups reveals a considerable contrast in the impact of climate change on income inequality. While climate change vulnerability has no statistically significant effect on income distribution in advanced economies, the coefficient on climate change vulnerability is seven times greater and statistically highly significant in the case of developing countries due largely to weaker capacity for climate change adaptation and mitigation
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