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Fifty Years of U.S. Natural Disaster Insurance Policy
Marcoux, Kendra; H. Wagner, Katherine R. - 2023
of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and … private natural disaster insurance markets in the United States and how the nature of these challenges has changed over the … complicate both the supply of and demand for natural disaster insurance, with spillovers to related markets such as real estate …
Persistent link: https://www.econbiz.de/10014356481
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Social Inequalities in Climate Change-Attributed Impacts of Hurrican Harvey
Smiley, Kevin T.; Noy, Ilan; Wehner, Michael; Frame, Dave; … - 2021
Climate change is already increasing the severity of extreme weather events such as with rainfall during hurricanes. But no research to date investigates if, and to what extent, there are social inequalities in current climate change-attributed flood impacts. Here, we use climate change...
Persistent link: https://www.econbiz.de/10013314666
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The Global Costs of Extreme Weather that are Attributable to Climate Change
Newman, Rebecca; Noy, Ilan - 2022
Extreme weather events have significant adverse costs for individuals, firms, communities, regional, and national economies. Extreme Event Attribution (EEA), a methodology that examines the degree to which anthropogenic greenhouse gas emissions had changed the occurrence of specific extreme...
Persistent link: https://www.econbiz.de/10014242787
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Risk selection in natural disaster insurance : the case of France
Jametti, Mario; von Ungern-Sternberg, Thomas - 2006
It is widely recognized that ?market failure? prevents efficient risk sharing in natural disaster insurance. As a …
Persistent link: https://www.econbiz.de/10010276887
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Hedging Climate Change News
Engle, Robert F. - 2019
exposures. We show that this approach yields parsimonious and industry-balanced portfolios that perform well in hedging …
Persistent link: https://www.econbiz.de/10012866389
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Fifty Years of U.S. Natural Disaster Insurance Policy
Marcoux, Kendra; Wagner, Katherine R. H. - 2023
of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and … private natural disaster insurance markets in the United States and how the nature of these challenges has changed over the … complicate both the supply of and demand for natural disaster insurance, with spillovers to related markets such as real estate …
Persistent link: https://www.econbiz.de/10014377406
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Does Climate Change Make Foodgrain Yields More Unpredictable? Evidence from India
Verma, Saumya - 2020
How would climate change affect India's agriculture which accounts for sixty percent of employment? We study the impact of climate change on the level and variability of yields of rice (India's major food crop) and two key millet crops (sorghum and pearl millet), using an all India district...
Persistent link: https://www.econbiz.de/10012839358
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Relative Prices and Climate Policy : How the Scarcity of Non-Market Goods Drives Policy Evaluation
Drupp, Moritz A. - 2020
Climate change not only impacts production and market consumption, but also the relative scarcity of non-market goods, such as environmental amenities. We study fundamental drivers of the resulting relative price changes, their potential magnitude, and their implications for climate policy in...
Persistent link: https://www.econbiz.de/10012842678
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Simple Rules for Climate Policy and Integrated Assessment
van der Ploeg, Rick - 2018
A simple integrated assessment framework that gives rules for the optimal carbon price, transition to the carbon-free era and stranded carbon assets is presented, which highlights the ethical, economic, geophysical and political drivers of optimal climate policy. For the ethics we discuss the...
Persistent link: https://www.econbiz.de/10012908688
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The Effects of Climate Change on a Small Open Economy
Economides, George - 2019
We investigate the impact of climate change on the macroeconomic performance of a small open economy. The setup is a new Keynesian dynamic stochastic general equilibrium model of a small open economy without monetary policy independence in which a climate module that interacts with the economy...
Persistent link: https://www.econbiz.de/10012888993