Evaluating the Spatial Consequences of a Climate Tipping Point -- by José-Luis Cruz, Klaus Desmet, Esteban Rossi-Hansberg

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2026, 18th Annual Feldstein Lecture, Mark Duggan, "Social Security Reform in an Era of Fiscal Deficits" Primary tabs
  • Acknowledgements and Disclosures

    We thank Julian Tsang for outstanding research assistance, and Elisabeth Vogel for providing historical data and projections for GHG emissions and radiative forcing. Desmet acknowledges support from the National Bank of Belgium through the NBB Research Fellowship Program and from the Dedman College Dean’s Research Council at SMU. Rossi-Hansberg thanks the Becker Friedman Institute for Economics and the Spatial Dynamics Incubator for their support. The views expressed herein are those of the author and not necessarily those of the National Bank of Belgium, the Eurosystem, the Federal Reserve Bank of New York, the Federal Reserve Bank of Dallas, any other person affiliated with the Federal Reserve System, or the National Bureau of Economic Research.


  • Citation and Citation DataCopy Citation José-Luis Cruz, Klaus Desmet, and Esteban Rossi-Hansberg, "Evaluating the Spatial Consequences of a Climate Tipping Point," NBER Working Paper 35811 (2026), https://doi.org/10.3386/w35811. Copy to Clipboard Download Citation
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This story was reported and first published by NBER on 24 September 2026. HUE Legacy Ventures did not write it.

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