This blog post builds on my last post on a related topic. My critics say to me; "Matt, our centers of productivity are located in coastal places and these places face ever increasing climate risks.
I have been to India once. In this note, I would like to sketch out a research agenda on the microeconomics of urban slum dweller adaptation to emerging climate risk. My points will only zero in on India's specifics a couple of times. There are many slums throughout the developing world.
With the upcoming publication of my 2021 Yale Press book Adapting to Climate Change, I am making plans to follow the advice of Esther Duflo and Al Roth and try to be both a plumber and a market maker.