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Articles

Temperature shocks and industry earnings news

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By Establishment Locations, GICS Sector, J.M. Addoum, D.T. Ng
| ScienceDirect Verified
Keywords Climate shocks Temperature extremes Earnings predictability Sell-side analysts Stock returns JEL classification G12 G14 Q54 1. Introduction Climate scientists project an increase in both the mean and volatility of global temperatures, suggesting that exposure to more severe extreme weather events is a virtual certainty.
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