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Flood insurance differs widely in scope and form across Europe. Against the backdrop of rising flood losses a debate … prevention, beyond existing channels, to ensure an integrated approach to flood risk management across the EU … paper we investigate if and how current EU policies influence flood insurance. While the question of supply and demand is at …
Persistent link: https://www.econbiz.de/10013022838
survey data from German homeowners, we analyze charity hazard for different flood precaution strategies and different flood … risk areas. Our results indicate a substantial charity hazard in the insurance market for individuals residing in … Vorsorgemaßnahmen verzichten. Während die theoretische Literatur diesen sogenannten „Charity Hazard“ (ein Risiko durch Wohltätigkeit …
Persistent link: https://www.econbiz.de/10011782550
uptake and non-financial protection measures, and different flood risk areas. Our results indicate a substantial charity … survey data from German homeowners, we analyze charity hazard for different flood precaution strategies, namely insurance … hazard in the insurance market for individuals residing in flood-prone areas. In contrast, we find a positive correlation …
Persistent link: https://www.econbiz.de/10011762090
Persistent link: https://www.econbiz.de/10010473416
Persistent link: https://www.econbiz.de/10014437454
The United Nations Sendai (2015) framework aims to reduce disaster risk. We offer a careful definition and computation … of the individual and property risk targets. Selecting the largest and better studied class of “natural disasters” over … the period 1970-2018, we show that individual risk is “likely” falling, that property risk is neither rising nor falling …
Persistent link: https://www.econbiz.de/10012852956
disaster risk resilience (DRR). This paper tries to emphasise the importance of DRR in dealing with natural catastrophesby …. It briefly talks about synergising risk reduction efforts with sustainable development goals through the Sendai Framework … sectors.Despite the suite of reforms that have been initiated in shifting towards resilient infrastructure and disaster funds …
Persistent link: https://www.econbiz.de/10012436024
of climate change manifest. We study how the cost of hedging disaster risk changes home prices by utilizing a 2012 law … that mandated flood insurance premium increases for properties discontinuously around flood zone boundaries and based on … the timing of construction. With a triple-difference design, we estimate that a $1 increase in annual flood insurance …
Persistent link: https://www.econbiz.de/10014236806
Many studies have investigated flood risk and insurance coverage in the 100-year flood zone, but much less is known … about the periphery of the flood zone. We present a new approach to estimate flood risk and insurance take-up in the … hurricane Sandy. We show that flood risk falls rapidly as we move away from the flood zone, but remains fairly high for …
Persistent link: https://www.econbiz.de/10014514620
sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often entail negative feedback … effects on the macroeconomy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate … change. Our paper uses insights from the former work to study disaster risks in the macroeconomics of climate change and to …
Persistent link: https://www.econbiz.de/10012865122