Showing 1 - 10 of 438
channel of causality. At the same time, human capital has a vital role in driving effective climate change mitigation and … document the existing evidence on the impacts of climate change damages, and the effects of climate change mitigation and … of the life cycle. For mitigation and adaptation, we find that while these are overall clearly beneficial, they are also …
Persistent link: https://www.econbiz.de/10014251487
We assess the impact of the 2010 Haiti earthquake on children's nutrition and education. We combine geo-coded shaking … education. The results are robust to alternative specifications and different measures of exposure to the earthquake. Our … education. Reduced children's health and education will have lasting private and social costs, which could easily exceed the …
Persistent link: https://www.econbiz.de/10014295118
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 … current hazard risk, socio-economic vulnerability, and political economy considerations - contribute to these funding …
Persistent link: https://www.econbiz.de/10012158718
Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … losses at the microeconomic level. Apart from the prioritization of regions based on resilience and welfare risk, we identify … risk from riverine floods. While there are similarities in the ranking of policies among regions with comparable levels of …
Persistent link: https://www.econbiz.de/10011810138
-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
Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to "fat-tailed" risks of catastrophic outcomes (Weitzman, 2009b). Such risks are suggested to be an inevitable consequence of scientific uncertainty about the effects of increased...
Persistent link: https://www.econbiz.de/10010199723
If the threshold that triggers climate catastrophe is known with certainty, and the benefits of avoiding catastrophe are high relative to the costs, treaties can easily coordinate countries' behavior so as to avoid the threshold. Where the net benefits of avoiding catastrophe are lower, treaties...
Persistent link: https://www.econbiz.de/10009684058
price, the equilibrium risk-free rate, and risk premia. Climate disasters, which are more likely to occur sooner as … temperature rises, significantly increase risk premia. …
Persistent link: https://www.econbiz.de/10012258563
positively skewed. Our best guess of ex ante risk in university education is a coefficient of variation of about 0.3, comparable …The risk of investment in schooling has largely been ignored. We assess the variance in the rate of return by surveying …
Persistent link: https://www.econbiz.de/10011450523
preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to …
Persistent link: https://www.econbiz.de/10010467858