Abstract

Growing economic inequality and increasing climate disruption are two major issues that are not always studied in accordance despite their interconnectedness. A better understanding of their relationship can help policy makers address both of these issues. Combining data from a study on city-level climate risk and readiness with data from the 2020 US Census, I run a series of OLS regressions to estimate the size effect of these two variables on 3 different economic outcomes. Although further research is required to establish causality, my findings suggest climate risk and unemployment rates are associated, in turn suggesting that policy-makers consider tackling both issues simultaneously. 

Keywords: Climate Change, Inequality, Unemployment, USA

How to Cite:

Korngold, J., (2022) “Climate Change and Economic Outcomes: a State-Level Analysis in the US”, UCL Journal of Economics 1(1), 43–52. doi: https://doi.org/10.14324/111.444.2755-0877.1404