Showing 1 - 10 of 2,095
-attributed flood impacts. Here, we use climate change attribution science paired with hydrological flood models to estimate climate … change-attributed flood depths and damages during Hurricane Harvey in Harris County, Texas. We then combine this information …
Persistent link: https://www.econbiz.de/10012668885
We measure the longer-term effect of a major earthquake on the local economy, using night-time light intensity measured from space, and investigate whether insurance claim payments for damaged residential property affected the local recovery process. We focus on the destructive Canterbury...
Persistent link: https://www.econbiz.de/10011846154
This paper studies whether private adaptation to flood risk is economically efficient. We estimate the return to … the universe of houses and flood damages in high-risk flood zones in the Atlantic and Gulf Coast United States. We find … that undertaking adaptation is socially optimal in the highest risk areas over a house's lifetime, but that individual …
Persistent link: https://www.econbiz.de/10013503365
disaster risk reduction and climate adaptation in Bangladesh, a country with a very high exposure to weather risk. We use a … comprehensive dataset for the 483 subdistricts (Upazilas) in Bangladesh, tracking disaster risk reduction and adaptation funding … allocation decisions. We find that flood hazard risk and socio-economic vulnerability are both positively correlated with the sub …
Persistent link: https://www.econbiz.de/10012158718
-probability extreme events on environmental policy in a continuous-time real options model with "tail risk". In a nutshell, our results … indicate the importance of tail risk and call for foresighted pre-emptive climate policies. -- climate policy ; extreme events …
Persistent link: https://www.econbiz.de/10003994530
Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … questions: 1) How much asset and welfare risks does each region in the Philippines face from riverine flood disasters? 2) How … resilient is each region to riverine flood disasters? and 3) What are the available interventions per region to strengthen …
Persistent link: https://www.econbiz.de/10011810138
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/10014281392
People often fail to insure against catastrophes, even when insurance is subsidized. Even when insuring homes, many homeowners still underinsure the full value of their assets. Some researchers have suggested using long-term insurance contracts to reduce these insurance gaps. We examine...
Persistent link: https://www.econbiz.de/10012694052
of a natural experiment created by the European Flood of August 2002. Using micro data from the German Socio …-Economic Panel that we combine with geographic flood data, we compare the savings behavior of affected and non-affected individuals …
Persistent link: https://www.econbiz.de/10010518804
disaster to different extents, we estimate the causal effect of this devastating economic shock on financial flows between …
Persistent link: https://www.econbiz.de/10011931550