No Result
View All Result
  • Login
Saturday, September 5, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Economy

Trapped at Home: Climate Stress Is More Likely to Immobilize the Poor Than to Move Them

by theadvisertimes.com
2 months ago
in Economy
Reading Time: 7 mins read
A A
0
Trapped at Home: Climate Stress Is More Likely to Immobilize the Poor Than to Move Them
Share on FacebookShare on TwitterShare on LInkedIn


Yves here. Perhaps readers will beg to differ, but I found this study to be maddening. It makes two assumptions that I find vitiate its validity. Its express purpose is to challenge long-standing studies, such as those done by researchers at the US War College in the early 2000s, that climate change would produce mass migration, for instance, via flooding in regions particularly exposed to sea/ocean level rises such as Bangladesh and Sri Lanka. From NASA:

The analysis is not on point. First, it looks at gradual changes in temperature, the sort of thing that might lead those who had moved to the US Sunbelt to head back north, as opposed to climate change effects that are housing or livelihood-threatening. Even though it was internal displacement, the US Dust Bowl of the 1930s led to 3.5 million moving from the Great Plains. Aside from climate change directly producing out-migration via severe flooding or droughts, climate change also produces resource conflicts, such as over water, or feeds the intensity of ethnic strife.

Second, and I am not making this up, they are assuming legal migration. Were they asleep during migrations that resulted from war, like out of Syria in 2014 and 2015, or the ones in Africa where significant numbers try to get out of the way of upheaval? Crisis-driven mass or low-level migration is often not legal, witness the exodus from Myanmar.

Third, the fact that the well off are mobile and can thus get out of the way of the bad effects of climate change early (when impacts are modest) does not establish that when the consequences become more severe, that lower-income groups will not move out of necessity.

By Céline Azémar, Rodolphe Desbordes, Markus Eberhardt, and Eric Neumayer. Originally published by VoxEU

Climate-driven displacement is widely expected to push millions across international borders. Drawing on monthly bilateral flows for 127 developing-country origins, this column finds the reverse: a temperature shock reduces emigration rather than raising it, because climate stress cuts origin incomes and poor households cannot finance a costly international move. On this evidence, the ‘climate refugee’ is the exception, and hardship more often traps poor populations in place than sets them moving.

Editors’ note: This column is based on CEPR Discussion Paper 21634 “Trapped at home: Weather shocks, income, and international migration”. 

The ‘climate refugee’ has become a fixture of policy planning. The Institute for Economics and Peace (2020) estimates that ecological threats place 1.2 billion people at risk of displacement by 2050, and security and migration agencies increasingly treat large cross-border flows as a working assumption. The research record is more cautious. In its dedicated assessment, the IPCC (2022) judged the evidence on climate and international migration to be mixed, with flows that may rise or fall depending on context.

Part of the disagreement is a data problem. The bilateral migration series that is long enough to study slow-moving climate trends, built from the census stocks of Özden et al. (2011), is recorded at five- or ten-year intervals, too coarse to separate a transitory weather anomaly from everything else moving alongside it. With observations that sparse, the confounders correlated with a warming climate – among them origin income, emigration policy, diaspora networks, and the business cycle at both ends of a migration corridor – cannot be held fixed, a limitation that is long familiar from the related literature on climate and income (Dell et al. 2014, Desbordes and Eberhardt 2024).

In a recent paper (Azémar et al. 2026), we revisit the question using monthly data. The migration flows are taken from Chi et al. (2025), who convert the location histories of roughly three billion Meta/Facebook users into a monthly panel of cross-border moves. We restrict the sample to 127 developing-country origins and 180 destinations, from 2019 to 2022. The monthly frequency is what makes our exercise possible: we compare each corridor with itself, stripping out everything specific to an origin-destination pair within a given year, everything tied to a country’s own seasonal calendar, and every global month-to-month shock common to all migration corridors, including the pandemic mobility collapse. What remains is the within-corridor weather anomaly: the deviation of a country’s temperature (or precipitation) in a given month from its own seasonal norm. And it is this residual variation that identifies the migration response.

Warmer-Than-Usual Weather Links to Less Cross-Border Movement

Our results run against the climate refugee narrative. A warmer-than-usual year at the (developing-country) origin is followed by less cross-border movement, not more. A one-degree origin-temperature anomaly reduces the bilateral flow by about 5.7% over the following 12 months, while origin rainfall has no detectable effect.

The estimates survive many robustness checks: alternative fixed effects, dropping the largest migration corridors, re-clustering for spatially correlated weather, alternative specifications for the pandemic controls or removing them entirely, a leave-one-destination-out exercise, and a placebo test that reshuffles the calendar timing of each origin’s weather and finds the effect disappears once the true timing is scrambled. The same effect, and the same null effect on rainfall, reappears in an entirely separate data source: annual arrival flows for 1990–2019 built from three decades of IPUMS census microdata covering 177 origins.

The average effect across countries conceals a sharp asymmetry (Figure 1). Splitting origins at their long-run baseline temperature, the response is close to zero in the cooler half of origins and large and negative in the already-hot half, where a one-degree anomaly lowers emigration by around 16%. The effect is concentrated precisely where the temperature-income relationship is steepest, and precisely where further warming is expected to fall hardest. Splitting the sample instead by income leaves the response unchanged, so this is not a story about the very poorest origins alone: the effect holds across the developing-country income range.

Figure 1 Effect of a one-degree origin-temperature anomaly on bilateral emigration

Notes: Effect of a one-degree origin-temperature anomaly on bilateral emigration, cumulative over twelve months, for all developing-country origins and for origins split at the median of long-run (1990–2018) baseline temperature. Estimated by Poisson pseudo-maximum-likelihood on monthly bilateral flows, 2019–2022.Source: Azémar et al. (2026).

Temperature Shocks Depress Income, Making Moves Unaffordable

Why would heat keep people at home? Moving across a border is expensive. It takes visa fees, travel, recruitment costs, and increasingly the financial reserves that richer-country immigration regimes demand up front. A household that loses income cannot simply substitute towards a costly international move; it may lose the means to finance one at all. This is the resource-constrained immobility trap of Black et al. (2013) and Benveniste et al. (2022), and it carries a clear empirical implication: the temperature shocks that depress emigration should also depress origin income.

We demonstrate that they do so using two separate datasets. On a sub-national grid of GDP per capita (Rossi-Hansberg and Zhang 2025), a one-degree annual temperature anomaly lowers income by about 2%, in line with the macro-climate literature (Burke et al. 2015). A monthly panel of satellite night-time lights, built for the same countries, returns the same negative sign for a weather anomaly on income at the monthly frequency on which the migration response is identified. Read together, the two elasticities imply that each 1% climate-driven fall in origin income is associated with a fall of roughly 2.6% in emigration. When the budget tightens, the move becomes unaffordable.

If the binding force is the financing of the move rather than temperature as such, any shock that erodes origin income and the capacity to pay should immobilise migration in the same way. We demonstrate that it does. Entering a monthly index of internal conflict risk (Aizenman et al. 2026) into our regression models, a rise in origin conflict risk also lowers cross-border out-migration and origin night-time lights, while leaving the weather coefficients untouched. The weather response is not a disguised conflict effect, and the constraint is general rather than specific to climate.

The bilateral structure of the migration data allows for one further test. A wealthier destination costs more to reach, so a budget constraint should bite harder on routes to rich countries. We confirm this by finding a markedly stronger migration response in corridors to higher-income destinations. A larger pre-existing diaspora, which lowers the cost of moving and on certain US-bound routes was found to turn a weather shock into an emigration push (Mahajan and Yang 2020), produces no such amplification here once destination income is accounted for. This points to a financing constraint rather than a network effect shaping climate-induced international migration.

The ‘Climate Refugee’ Policy Assumption Is Wrong

These findings bear directly on how climate displacement is projected. A common forecasting shortcut multiplies a global population at climate risk by a positive emigration elasticity. For the poor, hot origin countries where the constraint binds, that calculation has the wrong sign, and hence overstates near-term cross-border displacement. The populations most exposed to climate damage are usually those least able to finance an international move, so in the near-term climate stress is more likely to dampen orderly emigration from poor origins than to deliver a wave of refugees to distant, wealthy countries.

These findings are troubling. Where the principal welfare gain from emigration accrues to those who stay behind, through remittances (di Giovanni et al. 2015), an income shock that forecloses departure also forecloses the remittances the origin economy relies on. Cross-border movement is itself a form of adaptation, and a constraint that tightens as conditions worsen withholds that adaptation from the people least responsible for the warming that drives it. Whether those who cannot leave the country instead move within it is a margin our cross-border data cannot see, and it is the obvious next question.

On present evidence, the climate refugee is the exception rather than the rule. Hardship of this kind tends to trap poor populations in place rather than to set them moving, and a policy debate built on the opposite assumption is bracing for the wrong problem.

See original post for references



Source link

Tags: ClimateHomeImmobilizeMovePoorstresstrapped
ShareTweetShare
Previous Post

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

Next Post

Important Step to Becoming a 7-Figure Trader

Related Posts

The Unwinnable Iran War | Armstrong Economics

The Unwinnable Iran War | Armstrong Economics

by theadvisertimes.com
August 8, 2026
0

I have reported that Trump was mislead into this unwinnable war with Iran, which has been planning for it since...

Market Talk – August 7, 2026

Market Talk – August 7, 2026

by theadvisertimes.com
August 7, 2026
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 76.55 points or -0.12% to...

Jobs report July 2026:

Jobs report July 2026:

by theadvisertimes.com
August 7, 2026
0

The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of...

Here are three key takeaways from the disappointing July jobs report

Here are three key takeaways from the disappointing July jobs report

by theadvisertimes.com
August 7, 2026
0

Job seekers speak with employer representatives and browse information tables as they attend an Inspire Together job and resource fair...

Coffee Break: Gene Editing Gone Wrong, Plants that Eat Animals, and a Neanderthal Gene that Makes a Difference

Coffee Break: Gene Editing Gone Wrong, Plants that Eat Animals, and a Neanderthal Gene that Makes a Difference

by theadvisertimes.com
August 7, 2026
0

Part the First: If You Stretch Biomedical Science Too Far It Breaks, Every Time.  Gene editing using CRISPR technology has...

What Did You Expect? | Mises Institute

What Did You Expect? | Mises Institute

by theadvisertimes.com
August 7, 2026
0

As Murray Rothbard pointed out again and again, the government has no business getting involved in education. In a free...

Next Post
Important Step to Becoming a 7-Figure Trader

Important Step to Becoming a 7-Figure Trader

Zcash & Monero Retreat As Privacy Coins Face Setbacks in China

Zcash & Monero Retreat As Privacy Coins Face Setbacks in China

  • Trending
  • Comments
  • Latest
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

August 7, 2026
Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

August 3, 2026
JPMorgan’s AI beat the 60-40 in tests; advisors aren’t worried

JPMorgan’s AI beat the 60-40 in tests; advisors aren’t worried

July 13, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

August 8, 2026
This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

August 5, 2026
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

0
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

0
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

0
The Unwinnable Iran War | Armstrong Economics

The Unwinnable Iran War | Armstrong Economics

0
Bezeq declares NIS 515m dividend

Bezeq declares NIS 515m dividend

0
AI Will Clarify What Asset Managers Are Paid For

AI Will Clarify What Asset Managers Are Paid For

0
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

August 8, 2026
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

August 8, 2026
Bitcoin outlook: ,000 or ,000 this weekend

Bitcoin outlook: $70,000 or $60,000 this weekend

August 8, 2026
Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

August 8, 2026
CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

August 8, 2026
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

August 8, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push
  • Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak
  • Bitcoin outlook: $70,000 or $60,000 this weekend
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.