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This paper studies how politicians and voters respond to new information on the threats of climate change. Using data on the universe of federal disaster declarations between 1989 and 2014, we document that congress members from districts hit by a hurricane are more likely to support bills...
Persistent link: https://www.econbiz.de/10012006068
We investigate the uncertainty dynamics surrounding extreme weather events through the lens of option and stock markets by identifying market responses to the uncertainty regarding both potential hurricane landfall and subsequent economic impact. Stock options on firms with establishments...
Persistent link: https://www.econbiz.de/10012181922
different types of disasters, the effect of changing disaster risk so far has largely been neglected. In this paper we study the … effect of hurricane risk on individual self-reported life satisfaction. In order to do so we combine geo-referenced survey … we construct time-varying indicators of hurricane risk on the zip-code-level for the period of 2010 to 2018, based on …
Persistent link: https://www.econbiz.de/10012436249
used in risk assessments to estimate extent of and damages from flooding and erosion. Further, such flood risk models can … then include the effects of ecosystems, such as mangroves, to model the effects on risk of conservation and restoration …
Persistent link: https://www.econbiz.de/10014457899
, increase debt specialization, while transition risk shows limited impact. We also find that asset redeployability and Corporate … Social Responsibility moderate the impact of climate risk on firm’s debt structure with decreased debt specialization …
Persistent link: https://www.econbiz.de/10013492100
Persistent link: https://www.econbiz.de/10009549791
Catastrophe risk models allow insurers, reinsurers and governments to assess the risk of loss from catastrophic events … hurricane seasons, in conjunction with recently published scientific literature has led risk modelers to revisit their hurricane … compares their risk estimates to those of base normal hurricane models. This comparison shows that the recent 50 year period of …
Persistent link: https://www.econbiz.de/10011394253
Persistent link: https://www.econbiz.de/10010126427
Catastrophe risk models allow insurers, reinsurers and governments to assess the risk of loss from catastrophic events … hurricane seasons, in conjunction with recently published scientific literature has led risk modelers to revisit their hurricane … compares their risk estimates to those of base normal hurricane models. This comparison shows that the recent 50 year period of …
Persistent link: https://www.econbiz.de/10013009263
Catastrophe risk models allow insurers, reinsurers and governments to assess the risk of loss from catastrophic events … hurricane seasons, in conjunction with recently published scientific literature has led risk modelers to revisit their hurricane … compares their risk estimates to those of base normal hurricane models. This comparison shows that the recent 50 year period of …
Persistent link: https://www.econbiz.de/10012551884