Weather Derivative Pricing and the Spatial Variability of Us Temperature Trends
21 Pages Posted: 27 Apr 2004
Date Written: April 27, 2004
We show maps of trends in US maximum, minimum and average temperatures for winter, summer and the whole year. We investigate relations between these trends and discuss the degree of spatial coherence of the patterns observed.
Keywords: Weather derivative pricing, temperature trends, global warming
JEL Classification: G13
Suggested Citation: Suggested Citation