nature of climate risk (i.e. deep uncertainty, non-linearity and endogeneity), and of financial risks (interconnectedness and …, sovereign and corporate bonds), climate scenarios conditioned risk metrics (such as the Climate Spread and the Climate Value-at-Risk …). These allow us to introduce forward-looking climate risk scenarios in the valuation of counterparty risk, in the probability …

provides causal evidence that past disaster experience leads to decreased risk aversion over time. Heterogeneity analysis finds …Whilst studies have looked at the impact of one-off exogenous events on risk preferences, few have used longitudinal … field data to assess the long-run effects of cumulative exposure to shocks. This paper studies how risk preferences are …