Showing 1 - 10 of 3,975
, we study the dynamic impacts of floods on European manufacturing firms during the period 2007-2018. We find that water …
Persistent link: https://www.econbiz.de/10013503745
We document the investment and financing decisions of firms that experience monetary losses due to extreme weather events. Our sample covers firms operating in 41 economies, mainly emerging and developing markets. Consistent with the need to either replenish damaged capital or to adapt to...
Persistent link: https://www.econbiz.de/10013282473
. Using panel data and a two-way fixed effects estimation, the analysis focuses on storms, floods, wildfires, and landslides …
Persistent link: https://www.econbiz.de/10014546319
Empirical studies of the economic effects of climate change (CC) largely rely on climate anomalies for causal identification purposes. Slow and permanent changes in climate-driven geographical conditions, i.e. CC as defined by the IPCC (2013), have been studied relatively less, especially in...
Persistent link: https://www.econbiz.de/10014334953
Climate change is among the biggest challenges of our time. Climate impacts and socioeconomic vulnerability are spatially heterogeneous. Hence, adaptation policies are more effective when designed at lower administrative levels. However, spatially-detailed social vulnerability profiles are often...
Persistent link: https://www.econbiz.de/10014480861
consequences of the 2005 floods on the marginalized population reveals the special vulnerability of the poorest, which is not … that total losses to the marginalized population from the 2005 floods could lie around $250 million, which represents a …
Persistent link: https://www.econbiz.de/10012445918
We contribute to the debate surrounding central banks and climate change by investigating how extreme temperatures affect medium-term inflation, the primary objective of monetary policy. Using panel local projections for 48 advanced and emerging market economies (EMEs), we study the impact of...
Persistent link: https://www.econbiz.de/10012705523
Flood insurance helps to cope with the risk of flooding, but take-up rates are relatively low. Insurance density could rise if index-based insurance (IBI) were provided as an alternative to traditional damage-based insurance (DBI). We analyze whether there is potential for private demand for IBI...
Persistent link: https://www.econbiz.de/10011503003
We study whether floods can affect financial stability through a credit risk channel. Our focus is on the Netherlands … floods. Using geocoded data for close to EUR 650 billion in real estate exposures, we consider possible implications of such … floods for bank capital. For a set of 38 adverse scenarios, we estimate that flood-related property damages lead to capital …
Persistent link: https://www.econbiz.de/10014450613
We analyze the exposure of different income groups to the 2021 floods in Germany, which serve as an exemplary case of …
Persistent link: https://www.econbiz.de/10014419481