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We analyze the impact of short-run and long-run earthquake risk on Japanese property prices. We exploit a rich panel … enables us to identify the total compensation for earthquake risk embedded in property prices and to decompose this into … historical earthquake occurrences, supplemented with short-run earthquake probabilities that we generate from a seismic …
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We treat the Canterbury (Christchurch) earthquake sequence as a potential source of new risk information to home buyers … safe in an earthquake. By exploiting two types of risk (one previously ignored and one well-recognised by households … in New Zealand. We compare pre- and post-earthquake sales of properties in two other urban areas of the country (one with …
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