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I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in a redistributive growth model by introducing exposure of households and firms to extreme weather events, that damage their housing capital and physical capital, respectively....
Persistent link: https://www.econbiz.de/10014233371
The climate change impacts on sea level rise and coastal disasters, and the possible adaptation responses have been studied using very different approaches, such as very detailed site-specific engineering studies and global macroeconomic assessments of costal zones vulnerability. This paper...
Persistent link: https://www.econbiz.de/10010225975
To explain economic impacts of flood damage due to climate change over time in Japan, this study develops a dynamic … spatial computable general equilibrium model, and measures flood damage costs through some numerical experiments. It is … inferred that the frequency and the intensity of flood are on the long-term increase. In the category of flood damage in Japan …
Persistent link: https://www.econbiz.de/10011493009
to flood risk in Mumbai. In 2005, Mumbai experienced unprecedented flooding, causing direct economic damages estimated at … associated with a 1-in-100 year flood event today could be reduced by as much as 70%. We show that assessing the indirect costs … shown by the survey, the marginalized population has little access to financial support in disaster aftermaths, and …
Persistent link: https://www.econbiz.de/10012445918
The climate change impacts on sea level rise and coastal disasters, and the possible adaptation responses have been studied using very different approaches, such as very detailed site-specific engineering studies and global macroeconomic assessments of coastal zones vulnerability. This paper...
Persistent link: https://www.econbiz.de/10014149917
used to investigate climate risk, considering flood risk in Ireland as a case study. The results highlight that while … population exposure offers insight into flood risk patterns, incorporating socioeconomic vulnerability allows a more precise …
Persistent link: https://www.econbiz.de/10014480861
-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
-2017, we estimate the price effects of three flood risk signals: 1) the Biggert-Waters Flood Insurance Reform Act, which …
Persistent link: https://www.econbiz.de/10012257846
deterioration of loan performance in the aftermath of flood episodes, however. Firms in flooded counties are more likely to default … on their loans than non-disaster firms. Floods reduce securitised credit in the local markets, suggesting that physical …
Persistent link: https://www.econbiz.de/10014465205
Using unique nationwide property-level mortgage, flood risk, and flood map data, we analyze whether lenders respond to … flood risk that is not captured in FEMA flood maps. We find that lenders are less willing to originate mortgages and charge … higher rates for lower LTV loans that face "un-mapped" flood risk. This effect is weaker for high income applicants, as well …
Persistent link: https://www.econbiz.de/10014532009