economic consequences of weather, the

Jordan Rappaport

from Palgrave Macmillan

Abstract: Households in the United States and a number of other wealthy nations have been migrating to places with nice weather. This likely reflects an increase in the relative valuation of the weather's direct contribution to household utility. Several different amenity explanations are discussed that can account for the increased valuation and ongoing move.

Keywords: compensating differentials; consumption amenities; local growth; migration; weather (search for similar items in EconPapers)
JEL-codes: R11 R12 R13 R23 (search for similar items in EconPapers)
Date: 2010
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