Does Extreme Weather Drive Interregional Brain Drain in the U.S.? Evidence from a Sorting Model
通过居住地选择模型，发现大学毕业生对极端高温更敏感，愿意支付更高代价避开炎热天气，预测西部和西南部极端高温增加可能导致人力资本流失。
Previous studies have identified mean temperature as an important factor in household location choice, but no study has measured the impact of extreme weather on U.S. interregional brain drain. We estimate a residential sorting model to examine the effects of extreme weather on heterogeneous household location choices across the United States. We find that college graduates are more sensitive to extreme temperatures and are willing to pay more than other demographic groups to avoid hot weather. In light of predicted increases in extreme heat days in the West and Southwest, these areas may be at risk of significant human capital loss. <i></i>