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associated with a stronger relationship between premiums and local disaster risk: A one standard-deviation increase in disaster …-through of reinsurance costs. Third, we project that if the reinsurance shock persists, growing disaster risk will lead climate … risk is associated with $500 higher premiums in 2023, up from $300 in 2018. Second, using the rapid rise in reinsurance …
Persistent link: https://www.econbiz.de/10014576608
distribution, with associated costs for weather risk management and risk-averse decision-makers. These costs result purely from the …
Persistent link: https://www.econbiz.de/10014635647
The impact of exposure to a major unanticipated natural disaster on the evolution of survivors' attitudes toward risk … assume greater financial risk in the short-term while rebuilding their lives after the disaster … to take on risk relative to those not directly exposed to the tsunami. These differences are short-lived: starting a year …
Persistent link: https://www.econbiz.de/10014250120
Religious adherence has been hard to study in part because it is hard to measure. We develop a new measure of religious adherence, which is granular in both time and space, using anonymized mobile phone transaction records. After validating the measure with traditional data, we show how it can...
Persistent link: https://www.econbiz.de/10013462742
to adapt to climate change both overall and in response to their perceived climate risk. Other aspects of firm …
Persistent link: https://www.econbiz.de/10014576624
: returns of uninsured bonds fall slowly in the weeks following a disaster, by 0.31% on average, translating into investor … losses of almost $10 billion. Source of bond revenue, bond insurance, disaster severity, federal disaster aid, and local …
Persistent link: https://www.econbiz.de/10013334497
Quantifying factors giving rise to temporal variation in forest fires is important for advancing scientific understanding and improving fire prevention. We demonstrate that eighty percent of the large year-to-year variation in forest area burned in California can be accounted for by variation in...
Persistent link: https://www.econbiz.de/10014372495
and grow or might hobble precarious firms with more risk and interest obligations. We show that the loans reduce exit and …
Persistent link: https://www.econbiz.de/10014528366
infrastructure investments. We explore the strategic interactions between firms and governments that together determine firm risk …
Persistent link: https://www.econbiz.de/10015056174
public-private risk pool. The default frame was changed so the homeowner could either opt-in by purchasing this coverage or … opt-out of being given this protection and receiving a premium discount. Assigning participants to a public-private risk …
Persistent link: https://www.econbiz.de/10012616592