their clients’ natural disaster risk … disaster area. We find robust evidence that banks charge significantly higher loan spreads for firms located in the … neighborhood of the disaster area than for remote firms. The results are not driven by regional spillovers, limited credit supply …

countries over nearly 40 years. Using the local projection method, the analysis finds that severe disaster episodes lead to an …

countries over nearly 40 years. Using the local projection method, the analysis finds that severe disaster episodes lead to an …

This paper explores how banks adjust their risk-based capital ratios and asset allocations following an exogenous shock … to their asset quality caused by Hurricane Katrina in 2005. We find that independent banks based in the disaster areas … increase their risk-based capital ratios after the hurricane, while those part of a bank holding company do not. The effect on …

common than official flood maps would predict, suggesting that local knowledge may also mitigate disaster impacts. …