Physical climate risk: Stock price reactions to the historically most extreme European and United States heat waves since 1979.

Climate change has heightened the need to understand physical climate risks, such as the increasing frequency and severity of heat waves, for informed financial decision-making. This study investigates the financial implications of extreme heat waves on stock returns in Europe and the United States....

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Bibliographic Details
Main Authors: Mario Schuster, Julian Krüger, Rainer Lueg
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2025-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0318166
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