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The Social Value of Predicting Hurricanes
Molina, Renato; Rudik, Ivan - 2022
to establish the social value of improving hurricane forecasts. On the margin, the value of hurricane information is …Hurricanes are among the costliest natural disasters in the world, with a significant portion of their impact linked to … the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in …
Persistent link: https://www.econbiz.de/10013470308
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Natural disaster risk and the distributional dynamics of damages
Coronese, Matteo; Lamperti, Francesco; Chiaromonte, … - 2018
Literature on climate change and extreme events has found conflicting and often weak results on the evolution of economic damages related to natural disasters, although climate change is likely to bring about an increase in their magnitude (Van Aalst, 2006; IPCC, 2007, 2012). These studies usually...
Persistent link: https://www.econbiz.de/10011894267
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Banks versus hurricanes : a case study of Puerto Rico after hurricanes Irma and Maria
Anagnostakos, Peter; Bram, Jason; Chan, Benjamin; … - 2023
disasters affect bank stability and their ability to lend. Despite the devastation wrought by two category 5 hurricanes in a …
Persistent link: https://www.econbiz.de/10014440762
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Tropical storms and mortality under climate change
Pugatch, Todd - 2019
effect of tropical storm frequency and severity on mortality using objective meteorological data and the universe of vital … statistics records from a large developing country, Mexico. Using a measure of storm exposure that accounts for both windspeed … dispersion and population density along the storm track, I project changes in past storm-related mortality under various …
Persistent link: https://www.econbiz.de/10012162952
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Tropical storms and mortality under climate change
Pugatch, Todd - 2019
effect of tropical storm frequency and severity on mortality using objective meteorological data and the universe of vital … statistics records from a large developing country, Mexico. Using a measure of storm exposure that accounts for both windspeed … dispersion and population density along the storm track, I project changes in past storm-related mortality under various …
Persistent link: https://www.econbiz.de/10011977438
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Social inequalities in climate change-attributed impacts of hurricane harvey
Smiley, Kevin T.; Noy, Ilan; Wehner, Michael; Frame, Dave; … - 2021
Climate change is already increasing the severity of extreme weather events such as with rainfall during hurricanes … change-attributed flood depths and damages during Hurricane Harvey in Harris County, Texas. We then combine this information …
Persistent link: https://www.econbiz.de/10012668885
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Long-term growth effects of natural disasters : empirical evidence for droughts
Berlemann, Michael; Wenzel, Daniela - 2015
The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
Persistent link: https://www.econbiz.de/10011384506
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Energy transition metals
Boer, Lukas; Pescatori, Andrea; Stuermer, Martin - 2021
The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario...
Persistent link: https://www.econbiz.de/10012651692
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Climate risk and beliefs in New York floodplains
Gibson, Matthew; Mullins, Jamie T. - 2020
Applying a difference-in-differences framework to a census of residential property transactions in New York City 2003-2017, we estimate the price effects of three flood risk signals: 1) the Biggert-Waters Flood Insurance Reform Act, which increased premiums; 2) Hurricane Sandy; and 3) new...
Persistent link: https://www.econbiz.de/10012257846
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Natural disaster risk and the distributional dynamics of damages
Coronese, Matteo; Lamperti, Francesco; Chiaromonte, … - 2018
Persistent link: https://www.econbiz.de/10012052049