Adjusting to Rain Before It Falls

The authors thank Jonathan Colmer, Catherine Kling, and Wolfram Schlenker, as well as seminar and conference participants at the Association of Environmental and Resource Economists Summer Conference, Cornell University, Emory University, the IZA - Institute of Labor Economics Climate Change and Labor Markets Workshop, the Philadelphia Federal Reserve Bank, Santa Clara University, University of California Los Angeles, University of Southern California, and University of Virginia, for comments. Gabriel Gonzalez Sutil and Zeyba Qamar provided excellent research assistance. All errors are our own.