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About the Author(s)

Klaus Desmet 400pix

Klaus Desmet is the Altshuler Professor of Cities, Regions and Globalization at Southern Methodist University, a research associate in the NBER’s International Trade and Investment and Political Economy programs, and a research fellow at the Centre for Economic and Policy Research. He holds an MSc in business and engineering from the Université Catholique de Louvain and a PhD in economics from Stanford University.

Before joining the SMU faculty, Desmet was a professor of economics at Universidad Carlos III de Madrid. His research focuses on regional economics, economic growth, climate change, political economy, and international trade. His work has appeared in journals such as American Economic ReviewJournal of Political Economy, Journal of Economic Theory and Journal of Development EconomicsIn 2010 he was the corecipient of the August Lösch Prize for outstanding academic research in the field of regional science and in 2019 was awarded the Journal of Political Economy’s Robert E. Lucas Jr. Prize, with Esteban Rossi-Hansberg and Dávid Krisztián Nagy, for the paper “The Geography of Development.”

Esteban Rossi-Hansberg 400pix

Esteban Rossi-Hansberg is the Glen A. Lloyd Distinguished Service Professor in the University of Chicago’s Kenneth C. Griffin Department of Economics. He previously was the Theodore A. Wells ‘29 Professor of Economics at Princeton University. Prior to Princeton, he was an assistant professor at Stanford University. He earned a PhD from the University of Chicago in 2002.

An NBER research associate, Rossi-Hansberg is affiliated with the programs in International Trade and Investment and Economic Fluctuations and Growth. His research focuses on international trade, regional and urban economics, growth, and organizational economics. Lately, he also has focused on developing frameworks to assess the cost of climate change. He has published extensively in all the major journals in economics. In 2007, he was awarded an Alfred Sloan Research Fellowship. In 2010 he received the August Lösch Prize and the Geoffrey Hewings Award, both for outstanding contributions to regional science. He has been an elected fellow of the Econometric Society since 2017 and won the Journal of Political Economy’s Robert E. Lucas Jr. Prize in 2019 for the paper “The Geography of Development,” with Klaus Desmet and Dávid Krisztián Nagy.


1. Spatial Development,” Desmet K, Rossi-Hansberg E. NBER Working Paper 15349, revised December 2011, and American Economic Review 104(4), April 2014, pp. 1211–1243.   Go to ⤴︎
2. On the Spatial Economic Impact of Global Warming,” Desmet K, Rossi-Hansberg E. NBER Working Paper 18546, November 2012, and Journal of Urban Economics 88, July 2015, pp. 16–37. Go to ⤴︎
3. The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding,” Desmet K, Nagy D, Rossi-Hansberg E. NBER Working Paper 21087, April 2015, and Journal of Political Economy, 126(3), June 2018, pp. 903–983.   Go to ⤴︎
4. Evaluating the Economic Cost of Coastal Flooding,” Desmet K, Kopp R, Kulp S, Nagy D, Oppenheimer M, Rossi-Hansberg E, Strauss B. NBER Working Paper 24918, August 2018, and American Economic Journal: Macroeconomics 13(2), April 2021, pp. 444–486.   Go to ⤴︎
5. The Economic Geography of Global Warming,” Cruz J, Rossi-Hansberg E. NBER Working Paper 28466, February 2021.     Go to ⤴︎
6. Local Sectoral Specialization in a Warming World,” Conte B, Desmet K, Nagy D, Rossi-Hansberg E. NBER Working Paper 28163, December 2020, and Journal of Economic Geography 21(4), July 2021, pp. 493–530.   Go to ⤴︎

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