We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …

This paper investigates the role of nationwide mandatory insurance as a mitigation mechanism for reducing emissions … insurance would 1) lead to reductions in emissions by requiring industries to better manage their climate change risks and 2 …