different types of disasters, the effect of changing disaster risk so far has largely been neglected. In this paper we study the … effect of hurricane risk on individual self-reported life satisfaction. In order to do so we combine geo-referenced survey … we construct time-varying indicators of hurricane risk on the zip-code-level for the period of 2010 to 2018, based on …

used in risk assessments to estimate extent of and damages from flooding and erosion. Further, such flood risk models can … then include the effects of ecosystems, such as mangroves, to model the effects on risk of conservation and restoration …

rise and uncertain storm surge. An application of CIAM is then presented to demonstrate the model's ability to assess local …

debt, measured as the difference between post and pre-storm trends, is about 10 percent. Three years after such a storm …

Concurrent with the rapid development of the market for catastrophe (cat) bonds, a steady decline in their risk premia … has been observed. Whether the latter trend is consistent with the evolution of natural disasters risk is an open question …. Indeed, a large share of outstanding risk capital in the cat bonds market appears to be exposed to some climate change …

The Security and Exchange Commission (SEC) has considered climate change as a risk issue since 2010. Several emission … financial performances, especially of listed companies. There are two ways these companies can disclose their transition risk … exposure and are not alternatives. One is the explicit declaration of exposure to transition risk in the legally binding …

We study whether climate transition risk is reflected in the credit default swap (CDS) spreads of firms. Using … risk (CTR) factor, and document how this factor shifts the term structure of the CDS spreads of more vulnerable firms but … that they have asymmetric and significant economic impacts on the credit risk of more vulnerable firms, and negligible …

The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …

Models (IAMs), which assumes no risk sharing across region, we introduce global risk sharing via a market for state … across regions. We estimate that such risk sharing scheme of climate risks could lead to welfare gains reducing the global … for considering risk sharing in IAMs, but also for potentially welfare increasing negotiations about sharing risks of …