00000cam 2200000zi 4500 9.963918 CaOODSP 20260630112258 m o d f cr cn||||||||| 260630t20262026onca ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-5/2026-16E-PDF Dahlhaus, Tatjana, author. Climate change and socio-economic inequality in the US / Tatjana Dahlhaus, Barbara Sadaba. [Ottawa] : Bank of Canada = Banque du Canada, 2026. ©2026 1 online resource (32 pages, 1 unnumbered page) : colour illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2026-16 Incorrect ISSN (1701-9397) printed in this publication. "Last updated: May 22, 2026." Includes bibliographical references (pages 29-32). "In this paper, we study the effects of climate change on income inequality in the United States. To do so, we characterize climate change in the US and introduce the climate-inequality vector autoregression (VAR). Constructing a data set of daily temperatures for the contiguous US from 1920-2019, we document that climate change is more than a phenomenon that increases mean temperatures since the whole temperature distribution has shifted asymmetrically, with temperatures in lower percentiles increasing at a faster rate than those in higher percentiles for most US states. Using the climate-inequality VAR, we estimate the effects of climate change on income inequality by identifying shocks to temperature distribution characteristics (such as mean and percentiles) via a combination of zero and sign restrictions. We find that the effects of climate change on income inequality not only vary across temperature distribution characteristics, but also vary widely across US states. We find both negative and positive impacts on within-state inequality across the US. There is no strong link between a state's climate or per capita income and the within-state effects on income inequality once we consider effects due to changes across the several temperature percentiles"--Abstract, page 1. Climatic changes United States Econometric models. Income distribution United States Econometric models. Climat Changements États-Unis Modèles économétriques. Revenu Répartition États-Unis Modèles économétriques. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2026-16. (CaOODSP)9.806221 PDF 2.94 MB https://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-5-2026-16-eng.pdf